Finding cheap car insurance for a GMC Sierra in New Jersey is pretty simple for most people to do, but it relies on a lot of factors such as how far you drive to work, the performance level of your vehicle, and any driving offenses on your record. Drivers pay on average $1,682 each year to insure their Sierra, but that cost is an estimate based upon a 30-year-old married female driver with full comprehensive and collision coverage and $250 deductibles.
But there is a high likelihood that you aren’t exactly 30 years old or even a female, possibly single instead of married, or maybe you just want liability only instead of full coverage. Having even a minor difference in rating factors or requested coverage amount could end up in a significant change in the price of a policy.
Not every driver requires the same auto insurance coverages, so the best way to find affordable rates for your GMC is to do the rate comparisons yourself. Price quotes are quick and you can get rates from top-rated car insurance companies that sell coverage in New Jersey.
The trim level of your Sierra will be a contributing factor to the coverage cost, so the price you will pay to insure a Sierra SLE Regular Cab 2WD trim level will cost $310 less than the price to insure the more costly Sierra Denali Crew Cab 4WD model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sierra SLE Regular Cab 2WD||$360||$614||$490||$30||$146||$1,640||$137|
|Sierra SL Extended Cab 2WD||$360||$614||$490||$30||$146||$1,640||$137|
|Sierra SLE Crew Cab 2WD||$360||$614||$490||$30||$146||$1,640||$137|
|Sierra SL Crew Cab 2WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLE Crew Cab 2WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLE Regular Cab 4WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLE Extended Cab 4WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLE Crew Cab 4WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLT Extended Cab 2WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SL Crew Cab 4WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLT Extended Cab 4WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLT Crew Cab 2WD||$406||$722||$490||$30||$146||$1,794||$150|
|Sierra SLT Crew Cab 4WD||$452||$832||$490||$30||$146||$1,950||$163|
|Sierra Denali Crew Cab 2WD||$452||$832||$490||$30||$146||$1,950||$163|
|Sierra Denali Crew Cab 4WD||$452||$832||$490||$30||$146||$1,950||$163|
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Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rates do not factor in your specific Newark location which can revise rates substantially.
Buying coverage from a good quality car insurance company can be challenging considering how many companies sell coverage in New Jersey. The information shown below can help you pick which providers to look at when comparing insurance rates for a GMC Sierra.
The rankings below include the largest companies in America, so smaller regional companies are not taken into consideration for the list. To check prices from these and other companies in New Jersey, click this link.
Top 10 Large Auto Insurance Providers Overall in Newark
- Mercury Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Safeco Insurance
- 21st Century
The illustration below demonstrates how deductibles can influence insurance prices when trying to find cheap insurance for a GMC Sierra. The premiums are based on a single male driver, comp and collision included, and no discounts are applied.
The chart above illustrates that a 50-year-old driver could lower their car insurance rates by $474 a year by increasing from a $100 deductible to a $500 deductible, or save $714 by using a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could possibly save $1,560 every year just by choosing higher deductibles.
When choosing a higher deductible, it will be important to have additional savings on hand to allow you to pay the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Why you should compare rates
Newark, NJ car insurance rates are based on many factors which can significantly increase or decrease the cost of having a policy. Simply having another birthday, filing a claim, or getting a DUI can trigger changes in premium that can make some companies more affordable than others.
Not only may your situation change, but car insurance companies modify rates every year in order to be able to pay unexpected claims. A period of increased losses can result in additional premium costs, while less frequent claims may produce lower-priced Sierra insurance rates.
To illustrate this example, the chart below shows the cheapest car insurance in Newark, NJ for a 30-year-old male driver with no prior claims, no tickets, and a good credit rating. If we estimate prices based on his current risk profile, 21st Century may have the lowest car insurance rates in Newark at $1,608 a year. This is $244 less than the average policy premium paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also on the list of the cheapest Newark, NJ auto insurance companies.
The example below compares rates after we give the driver from the above example a chargeable accident, a lower credit rating, and a few blemishes on his driving record. Because every insurance company has their own unique process to determining premium rates, comparing quotes most likely will result in a different list of the cheapest car insurance companies in Newark as shown below.
The Hartford now has the best price on car insurance in Newark with USAA, Allstate, Mercury, and New Jersey Manufacturers now rounding out the top five. This example proves why drivers need to shop around when trying to find the most economical car insurance quotes for a GMC Sierra.
Insurance rates consist of many factors and change dramatically, so the most economical company when you last compared rates may now be one of the higher cost companies.
Ideas for finding low-cost auto insurance for a GMC Sierra
The list below summarizes some of the recommended money-saving ideas that can help you buy low-cost auto insurance.
- Avoid accidents and claims
- Good credit can mean cheaper rates
- Save money by obeying traffic laws and keeping a clean driving record
- Try to pay small claims out-of-pocket
- Buy a car with high safety ratings
- Compare price quotes at least once a year
That last tip is incredibly vital, as we stressed in the article above. Insurance rates in Newark can be changed at any time, so don’t be unwilling to buy a policy from a new company if a lower-cost policy is available. We understand brand loyalty, but it’s not a good idea if it’s costing you money that could be going to better use. If you have a few minutes, compare prices to find cheaper car insurance for a GMC Sierra.
If you have questions and prefer to get some professional advice when shopping for cheaper insurance for a Sierra pickup, the professional agents shown below can aid you in deciding which insurance coverage will be best for you. To find a Newark insurance agent close to you, click the link at the bottom or click here to compare prices now.
Dependable Insurance Agency Inc
1030 S Orange Ave – Newark, NJ 07106 – (973) 372-0002
Preferred Choice Insurance Agency
225 Newark Ave – Jersey City, NJ 07302 – (201) 616-7644
274 Chestnut St – Newark, NJ 07105 – (973) 274-0500
306 Chestnut St – Newark, NJ 07105 – (973) 344-6203
METROPLUS INSURANCE AGENCY
1423 McCarter Hwy – Newark, NJ 07104 – (973) 732-3794