Affordable Cincinnati GMC Sierra Insurance

The best way to find low-cost GMC Sierra insurance in Cincinnati is to annually compare prices from companies who provide auto insurance in Ohio.

• Step 1: Take a little time to learn about how your policy works and the things you can change to drop your rates. Many factors that result in higher prices such as at-fault accidents, speeding tickets, and a negative credit rating can be rectified by making lifestyle changes or driving safer.
• Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like Progressive or State Farm, while independent agents can provide rate quotes for a wide range of insurance providers.
• Step 3: Compare the price quotes to your existing rates and see if you can save money. If you can save some money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
• Step 4: Notify your current company to cancel your current car insurance policy. Submit a completed application and payment to your new agent or company. Once the paperwork is finalized, place your new proof of insurance certificate in an easily accessible location.

A tip to remember is that you use identical limits and deductibles on each quote request and and to get price quotes from all possible companies. Doing this enables the most accurate price comparison and a good representation of prices.

Unfortunately, over 70% of consumers kept their coverage with the same insurance company for at least four years, and nearly the majority have never compared insurance rates at all. The average driver in Cincinnati could save as much as 55% each year by just comparing quotes, but most undervalue how much money they would save if they switched.

To find the best car insurance prices, there are several ways to obtain and compare prices from different Cincinnati insurance companies. The recommended way to comparison shop involves getting comparison quotes online.

Just remember that comparing a wide range of rates helps you find lower pricing.

The companies in the list below provide comparison quotes in Ohio. If you want the cheapest car insurance in Cincinnati, OH, it’s a good idea that you visit two to three different companies to find the lowest auto insurance rates.

Lower-cost Cincinnati insurance quotes with discounts

Insurance is easily one of your largest bills, but companies offer discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied when you quote, but once in a while a discount must be asked for before you get the savings. If you do not double check each discount you deserve, you may be paying too high a price.

• Onboard Data Collection – Insureds who allow their insurance company to study driving patterns by installing a telematics device like Allstate’s Drivewise may get a rate reduction if they exhibit good driving behavior.
• Drivers Ed for Students – Have your child complete a driver education course if it’s offered in school.
• Pay Early and Save – By paying your entire bill at once as opposed to paying monthly you could save 5% or more.
• Theft Deterrent Discount – Cars that have factory anti-theft systems can help prevent theft and will save you 10% or more on Sierra insurance in Cincinnati.
• Safe Drivers – Accident-free drivers could pay up to 40% less than drivers with accident claims.
• Safety Course Discount – Taking part in a course that instructs on driving safety could earn you a small percentage discount and also improve your driving technique.
• Discount for Good Grades – Being a good student can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
• Multi-policy Discount – If you can bundle your home and auto insurance and place coverage with the same company you could earn a discount of up to 20% and get you cheaper Sierra insurance.
• More Vehicles More Savings – Purchasing coverage when you have multiple cars or trucks with the same insurance company can get a discount for every vehicle.
• Sign Early and Save – Select larger companies give a discount for buying a new policy prior to your current Sierra insurance policy expiring. It’s a savings of about 10%.

Don’t be shocked that many deductions do not apply to the entire cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, it’s just not the way it works. But any discount should help reduce your policy premiums.

The information below illustrates the comparison of GMC Sierra insurance rates with and without discounts applied. The data assumes a male driver, no accidents, no driving violations, Ohio state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, multi-car, multi-policy, and marriage discounts applied.

Companies and some of the premium reductions they offer are shown below.

• 21st Century policyholders can earn discounts including 55 and older, good student, defensive driver, automatic seat belts, and theft prevention.
• Progressive has discounts for online signing, online quote discount, multi-policy, homeowner, good student, and multi-vehicle.
• State Farm may have discounts that include accident-free, multiple policy, Steer Clear safe driver discount, passive restraint, anti-theft, and driver’s education.
• Nationwide offers discounts for easy pay, good student, anti-theft, defensive driving, business or organization, and multi-policy.
• Esurance may offer discounts for homeowner, defensive driver, safety device, paid-in-full, multi-car, claim free, and online quote.
• The Hartford includes discounts for bundle, air bag, vehicle fuel type, driver training, anti-theft, and defensive driver.

When comparing rates, check with every prospective company which discounts you qualify for. A few discounts might not be offered on policies in Cincinnati. To see a list of insurers who offer discounts in Ohio, click here to view.

Facts and figures for GMC Sierra insurance

The price information below showcases different coverage costs for GMC Sierra models. Learning a little about how policy premiums are established can be useful when making smart choices when purchasing an insurance policy.

Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Prices do not factor in specific Cincinnati garaging location which can lower or raise coverage rates significantly.

Deductible analysis

One common question asked by Cincinnati drivers is which deductibles should you choose. The rates below approximate the cost difference between low and high deductibles. The first rate estimation uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Estimates do not factor in specific garaging location which can affect coverage prices considerably.

Based on these figures, using a $100 deductible will cost you about $27 more each month or $324 a year than quoting the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 33 months between claim filings, you would more than likely save some money by going with a higher deductible. The illustration below shows a better example of how we made this calculation.

One thing to note is that raising deductibles to get cheaper rates means you will have to pay more when you have to file a claim. You must have some extra funds in the event you need to pay the deductible for vehicle repair.

The example below shows how different deductible levels and can influence GMC Sierra insurance rates for each age group. The premiums are based on a married male driver, full coverage, and no policy discounts are applied.

Auto insurance rates by age and gender in Cincinnati

The chart below shows the difference between GMC Sierra insurance prices for male and female drivers. The rate quotes are based on no claims or driving violations, full coverage, $100 deductibles, single marital status, and no discounts are applied.

Full coverage rates compared to liability-only

The chart below visualizes the comparison of GMC Sierra insurance costs when comparing full coverage to liability only. The rates are based on no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are taken into consideration.

When to drop comprehensive and collision

There is no set guideline of when to exclude full coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than 10% of the settlement you would receive from your company, then it could be time to drop full coverage.

For example, let’s assume your GMC Sierra claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $5,000 after you pay the deductible. If premium cost is more than $500 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are some conditions where only buying liability is not a good idea. If you still owe a portion of the original loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Buy Cheaper Car Insurance with These Tips

An important part of buying insurance is that you know the rating factors that help determine your car insurance rates. When you know what positively or negatively influences your rates, this allows you to make educated decisions that can earn you lower rates. Many things are part of the calculation when you quote your car insurance policy. A few of the factors are predictable such as your driving record, but other factors are more transparent like your continuous coverage or your financial responsibility.

• Responsible drivers pay lower premiums – Your driving citation history has a big impact on rates. Drivers with clean records pay lower auto insurance prices than bad drivers. Even a single driving citation can bump up the cost substantially. Drivers who have received careless citations such as reckless driving, hit and run or driving under the influence may be required to maintain a SR-22 with their state’s licensing department in order to prevent their license from being revoked.

  The chart below illustrates how speeding tickets and accidents drive up GMC Sierra premium costs for different categories of driver ages. The premiums are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.

• Qualify for multi-policy discounts – Most larger insurance companies allow discounts for people that purchase more than one policy in the form of a multi-policy discount. Even with this discount applied, consumers should still check prices from other companies to make sure you are getting the best deal. Drivers may still save more without the discount by buying from different companies
• Liability coverage – Your policy’s liability coverage will provide protection if you are found liable for personal injury or accident damage. Your policy’s liability insurance provides legal defense to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
• Lower rates for safer cars – Cars with five star safety ratings cost less to insure. Safer cars reduce occupant injuries and better occupant protection translates into fewer and smaller insurance claims which can result in lower premiums. If your GMC scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.

• Insurance loss data for a GMC Sierra – Auto insurance companies take into consideration insurance loss statistics for every vehicle in order to profitably underwrite each model. Models that the statistics show to have high amounts or severity of claims will have higher premium rates.

  The table below outlines the insurance loss data used by companies for GMC Sierra vehicles. For each coverage type, the claim probability for all vehicles, regardless of make, model or trim level, equals 100. Percentages below 100 are indicative of better than average losses, while percentages above 100 point to more losses or an increased likelihood of larger losses.

  
  

  GMC Sierra Insurance Claim Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  GMC Sierra 1500 2WD	89	122	106
  GMC Sierra 1500 4WD	97	86	79
  GMC Sierra 1500 Crew Cab 2WD	87	99	132	69	69	89
  GMC Sierra 1500 Crew Cab 4WD	89	102	114	52	51	73
  GMC Sierra 1500 Ext Cab 2WD	98	109	96	70
  GMC Sierra 1500 Ext Cab 4WD	78	85	89	65	56	94
  GMC Sierra 2500 4WD	70		56
  GMC Sierra 2500 Crew Cab 2WD	63		101
  GMC Sierra 2500 Crew Cab 4WD	91	118	105	43	50	90
  GMC Sierra 2500 Ext Cab 4WD	67	108	85	40
  GMC Sierra 3500 Crew Cab 4WD	85	128	121	35

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Comparing quotes from local Cincinnati insurance agencies

Some people would prefer to have an agent’s advice and that is just fine! An additional benefit of price shopping on the web is you may find cheap rate quotes but also keep your business local. Buying from small agencies is important particularly in Cincinnati.

To help locate an agent, after submitting this simple form, the coverage information is transmitted to companies in Cincinnati who will gladly provide quotes to get your business. It’s much easier because you don’t need to visit any agencies because quoted prices will be sent immediately to you. It’s the lowest rates AND an agent nearby. If you wish to get a comparison quote from one company in particular, just go to their quote page to submit a rate quote request.

Finding the right company requires you to look at more than just the bottom line cost. These are valid questions to ask:

• Will the agent help in case of a claim?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• When do they do policy reviews?
• Does the quote include credit and driving reports?
• If you raise deductibles, how much can you save?
• Who are their largest clients?
• How much experience to they have in personal lines coverages?
• Is vehicle damage repaired with OEM or aftermarket parts?

Best car insurance in Ohio

Selecting the highest-rated car insurance company can be a challenge considering how many companies are available to choose from in Ohio. The rank data shown next can help you select which providers to look at comparing prices from.

Top 10 Cincinnati Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 92%
2. Erie Insurance – 88%
3. American Family – 88%
4. State Farm – 88%
5. Nationwide – 88%
6. 21st Century – 88%
7. AAA Insurance – 87%
8. Liberty Mutual – 87%
9. Farmers Insurance – 87%
10. The Hartford – 87%

The best insurance company isn’t always the cheapest

Budget-conscious GMC Sierra insurance is attainable from both online companies and with local Cincinnati insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who don’t offer rate quotes online and these smaller companies sell through independent agents.

Drivers leave their current company for any number of reasons including denial of a claim, poor customer service, high prices and even policy cancellation. Whatever your reason, finding a new company is pretty simple and you could end up saving a buck or two.

As you prepare to switch companies, it’s very important that you do not skimp on critical coverages to save a buck or two. There are many occasions where someone sacrificed collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to find the BEST coverage at the lowest possible cost while not skimping on critical coverages.

Helpful resources

• Coverage Information (Progressive Insurance)
• Who Has Cheap Auto Insurance Rates for a GMC Sierra in Cincinnati? (FAQ)
• Who Has the Cheapest Cincinnati Auto Insurance Rates for Retired Military? (FAQ)
• Who Has Cheap Auto Insurance Quotes for Seniors in Cincinnati? (FAQ)
• Information for Teen Drivers (GEICO)
• Crash Avoidance Technologies FAQ (iihs.org)
• Understanding your Policy (NAIC.org)