Finding competitive insurance for a GMC Sierra in Colorado is normally pretty easy, but it relies on a complex formula that considers things such as your financial responsibility, where your vehicle is garaged, and whether or not you are a good driver. Colorado drivers will pay around $1,083 annually for Sierra insurance, but that is using a 40-year-old single male driver with full physical damage coverage and $1,000 deductibles.
The issue with using an average estimated rate is the likelihood you may not be 40 years old (or even male), married instead of single, and you need different coverage limits than the sample rates. Have just a small change in rating criteria or coverage limits can result in a big discrepancy in the coverage rate.
Auto insurance requires individual risk assessment, so the only real way to find the most affordable coverage for your GMC is to do the rate comparisons yourself.
Vehicle trim level tends to have a direct impact on the cost of coverage, so the rate you pay to insure a Sierra SLE Regular Cab 2WD trim level will be $160 cheaper than the cost to insure the higher-priced Sierra Denali Crew Cab 4WD trim level, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sierra SLE Regular Cab 2WD||$164||$330||$426||$26||$128||$1,074||$90|
|Sierra SL Extended Cab 2WD||$164||$330||$426||$26||$128||$1,074||$90|
|Sierra SLE Crew Cab 2WD||$164||$330||$426||$26||$128||$1,074||$90|
|Sierra SL Crew Cab 2WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLE Crew Cab 2WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLE Regular Cab 4WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLE Extended Cab 4WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLE Crew Cab 4WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLT Extended Cab 2WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SL Crew Cab 4WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLT Extended Cab 4WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLT Crew Cab 2WD||$186||$390||$426||$26||$128||$1,156||$96|
|Sierra SLT Crew Cab 4WD||$206||$448||$426||$26||$128||$1,234||$103|
|Sierra Denali Crew Cab 2WD||$206||$448||$426||$26||$128||$1,234||$103|
|Sierra Denali Crew Cab 4WD||$206||$448||$426||$26||$128||$1,234||$103|
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Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Prices do not factor in Colorado Springs location which can revise coverage rates greatly.
Picking a highly-rated car insurance provider is difficult considering how many different companies insure vehicles in Colorado Springs. The information listed below could help you analyze which auto insurance companies to look at when buying insurance for a GMC Sierra. The rankings below are only made up of companies that insure vehicles nationwide, so smaller companies will not be included in these rankings.
Top 10 Large Auto Insurers in Colorado Springs Ranked by A.M. Best Rating
- USAA - A++
- Travelers - A++
- State Farm - A++
- GEICO - A++
- Esurance - A+
- Nationwide - A+
- Allstate - A+
- Progressive - A+
- Titan Insurance - A+
- The Hartford - A+
The chart below shows how choosing a deductible can impact premium costs when searching for cheap insurance for a GMC Sierra. The data is based on a single male driver, full coverage, and no discounts are taken into consideration.
As shown above, a 40-year-old driver could cut expenses by $402 a year by changing from a $100 deductible to a $500 deductible, or save $606 by switching to a $1,000 deductible. Young drivers, like the Age 20 chart data, have the ability to save $1,332 or more by choosing larger deductibles on their policy. If you do raise deductibles, it will be important to have additional funds in a savings account to allow you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Get discount Colorado Springs car insurance rates
Insurance companies that offer cheap quotes for a GMC Sierra may provide policy discounts that could lower prices by as much as 35% or more if you meet specific eligibility requirements. Companies and a summarized list of policyholder discounts are shown below.
- State Farm discounts include defensive driving training, multiple policy, good driver, student away at school, and accident-free.
- Progressive has savings for multi-vehicle, good student, multi-policy, continuous coverage, homeowner, and online quote discount.
- Progressive offers discounts including multi-vehicle, online signing, homeowner, multi-policy, online quote discount, good student, and continuous coverage.
- MetLife includes discounts for defensive driver, accident-free, good student, claim-free, good driver, and multi-policy.
- Farm Bureau offers premium reductions for renewal discount, good student, 55 and retired, driver training, multi-policy, youthful driver, and safe driver.
- GEICO may have discounts that include military active duty, seat belt use, five-year accident-free, federal employee, anti-lock brakes, anti-theft, and multi-vehicle.
- SAFECO policyholders can earn discounts including anti-lock brakes, accident prevention training, safe driver, teen safety rewards, teen safe driver, drive less, and multi-car.
The example below compares auto insurance rates with and without some available policy discounts. The price estimates are based on a male driver, no accidents, no driving violations, Colorado state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The second bar shows the rates with multiple policy, defensive driving course, passive restraint, claim-free, multiple vehicle, and accident-free discounts applied. When these discounts are applied, the average savings per year on auto insurance for a GMC Sierra is 28% or $658.
The benefits of price comparisons
Colorado Springs auto insurance rates are determined by lots of factors that control your annual premium. Improving your credit rating, moving to a new city, or getting a ticket for running a stop sign may cause policy rate changes that can cause some rates to be affordable when they were higher priced. Not only may your risk profile change, but auto insurance companies amend pricing every year to adjust for heavy claims or excess profits. Larger than normal claims can cause increased policy costs, while a profitable period can produce lower-cost Sierra insurance rates.
The data below demonstrates which company has the cheapest car insurance in Colorado Springs, CO for a 45-year-old female driver with no accidents or violations, and excellent credit. When comparing rates based on her current rating profile, The Hartford offers the best car insurance rates in Colorado Springs at $998 a year. This is $580 less than the average premium paid by Colorado drivers of $1,578. Grange, USAA, GEICO, and Nationwide are also included in the cheapest Colorado Springs, CO auto insurance companies.
In this next rate comparison, we will give the driver in the first chart a claim, a little lower credit rating, and a traffic citation. Since each insurance company has their own guidelines for determining rates in each state, comparing quotes could now result in a different ranking of the cheapest car insurance companies in Colorado Springs as shown below.
Travelers now has the cheapest insurance rate in Colorado Springs with State Farm, American Family, Progressive, and Grange completing the list. This illustrates why it is critical to compare lots of rates when trying to find the most affordable car insurance rates for a GMC Sierra.
Car insurance prices can be determined by many things and change substantially, so the cheapest company three years ago may now be one of the more expensive options.
The Colorado Springs auto insurance agencies shown below are willing to aid you in deciding which car insurance company is the best fit, since some drivers aren't sure which coverage they need and prefer to have a consultation when trying to find lower insurance rates for a Sierra pickup. It can be challenging to find the best policy on your own, and getting advice from a licensed agent can give peace of mind knowing your policy gives you adequate protection in case of an accident or claim. To find a Colorado Springs insurance agency close to you, click the button at the bottom of the list.
- Tom Calvin - State Farm Insurance Agent
1311 E Fillmore St - Colorado Springs, CO 80907 - (719) 473-3600
- ALINK Insurance Services- Colorado Springs Location
2407 W Colorado Ave - Colorado Springs, CO 80904 - (719) 473-6262
- Jeff Schmidt - State Farm Insurance Agent
1230 Tenderfoot Hill Rd Ste. 200 - Colorado Springs, CO 80906 - (719) 445-0070
- Allstate Insurance: Dave Lohman
76 S Sierra Madre St b - Colorado Springs, CO 80903 - (719) 471-9271
How to find economical insurance for a GMC Sierra
Below you'll find some of the recommended money-saving suggestions that can help drivers locate more affordable coverage.
- Claim-free policyholders usually earn a discount
- Maintain a clean driving record
- Increase the comprehensive and collision deductibles on your policy
- Bundle car and home insurance and save money
- Higher credit scores can equal lower rates
- Being accident-free can lower rates significantly
- Compare rates regularly and switch companies to save money
That last tip is notably significant, as was affirmed in this write-up. Prices change frequently, so drivers shouldn't be resistant to buy a policy from a new company if you can save money.
Staying with the same company for years is fine, but it isn't a good idea if that stubbornness costs you major coinage every year. If you have a few minutes, now is a great time to compare rates and find cheaper car insurance for a GMC Sierra in Colorado Springs.