Buying affordable insurance for a GMC Sierra in Kentucky depends on an enormous amount of factors such as the safety rating of your vehicle, if you are a frequent claim filer, and your policy deductibles. Kentucky drivers pay approximately $1,445 a year to insure their Sierra, but that price is a projection based on a 30-year-old single male driver with full comprehensive and collision coverage and $100 deductibles.
But there is a high likelihood that you aren’t exactly 30 years old or even a male, possibly married instead of single, and you may just want the cheapest liability coverage you can find. Just a minor difference in rating criteria can make a big difference in how much insurance for a GMC Sierra costs.
Auto insurance is unique to each driver, so the best method for finding the cheapest rates for your GMC is to compare as many rates as possible.
The specific model of Sierra will have an impact the insurance rate, so the price you will pay to insure a Sierra SLE Regular Cab 2WD model will be $262 less than the cost to insure the fancier Sierra Denali Crew Cab 4WD trim level, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sierra SLE Regular Cab 2WD||$320||$508||$428||$26||$128||$1,410||$118|
|Sierra SL Extended Cab 2WD||$320||$508||$428||$26||$128||$1,410||$118|
|Sierra SLE Crew Cab 2WD||$320||$508||$428||$26||$128||$1,410||$118|
|Sierra SL Crew Cab 2WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLE Crew Cab 2WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLE Regular Cab 4WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLE Extended Cab 4WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLE Crew Cab 4WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLT Extended Cab 2WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SL Crew Cab 4WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLT Extended Cab 4WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLT Crew Cab 2WD||$362||$598||$428||$26||$128||$1,542||$129|
|Sierra SLT Crew Cab 4WD||$402||$688||$428||$26||$128||$1,672||$139|
|Sierra Denali Crew Cab 2WD||$402||$688||$428||$26||$128||$1,672||$139|
|Sierra Denali Crew Cab 4WD||$402||$688||$428||$26||$128||$1,672||$139|
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Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Prices do not factor in zip code location which can decrease or increase price quotes significantly.
Kentucky insurance company ratings
Selecting the right car insurance company can be rather challenging considering how many companies are available to choose from in Kentucky. The ranking information in the lists below could help you analyze which auto insurers you want to consider when comparing insurance rates for a GMC Sierra. These ratings are only made up of companies with a national presence, so smaller companies that only insure vehicles in Kentucky will not be included in the list.
Top 10 Major Car Insurance Companies in Louisville Ranked by Value
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- Erie Insurance
- The General
- 21st Century
Top 10 Major Car Insurance Companies Overall in Louisville
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Types of discounts on Louisville insurance rates
Insurance providers that offer quotes for a GMC Sierra may also provide rate discounts that may potentially lower prices by as much as 25% or more if you qualify for them. A few of the larger companies and some of their more popular discounts are outlined below.
- State Farm policyholders can earn discounts including safe vehicle, accident-free, good driver, driver’s education, student away at school, defensive driving training, and multiple policy.
- GEICO may have discounts that include membership and employees, driver training, air bags, multi-policy, anti-lock brakes, and daytime running lights.
- Allstate has savings for utility vehicle, auto/life discount, eSmart discount, defensive driver, and good payer.
- SAFECO has discounts for teen safety rewards, anti-theft, multi-car, drive less, accident prevention training, safe driver, and teen safe driver.
- Farm Bureau offers discounts including safe driver, renewal discount, 55 and retired, driver training, multi-policy, good student, and youthful driver.
- Progressive offers discounts for homeowner, continuous coverage, multi-policy, multi-vehicle, online quote discount, good student, and online signing.
- AAA may include discounts for AAA membership discount, education and occupation, anti-theft, multi-policy, pay-in-full, multi-car, and good driver.
The diagram below visualizes the comparison of yearly insurance costs with and without discounts applied to the policy premium. Data assumes a female driver, a clean driving record, no at-fault accidents, Kentucky state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with multiple policy, marriage, homeowner, passive restraint, safe-driver, and accident-free discounts applied. When drivers qualify for the discounts, the average savings per year on insurance for a GMC Sierra is 28% or $634.
Bad driving habits will cost you more
The ideal way to find cheap insurance premiums in Kentucky for a Sierra pickup is to pay attention while driving and avoid accidents and traffic citations. The diagram below illustrates how violations and accidents impact yearly insurance costs for different categories of driver ages. The premiums are based on a married male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
In the previous chart, the average cost of car insurance in Louisville per year with a clean driving record and no accidents is $1,892. Factor in two speeding tickets and the average cost increases to $2,617, an increase of $725 each year. Now include one accident along with the two speeding tickets and the 12-month cost of insurance for a GMC Sierra increases to an average of $3,345. That’s an increase of $1,453, or $121 per month, just for not keeping your driving record clean!
The importance of comparing Sierra insurance rates
Louisville, KY insurance rates are influenced by many factors which can significantly increase or decrease the cost of having a policy. Simply having a birthday, becoming a homeowner, or getting a few speeding tickets can trigger price changes that may make certain companies cheaper in comparison to the competition. Not only may your situation change, but insurance companies modify rates at least once a year to adjust for heavy claims or excess profits. Significantly higher losses may cause additional premium costs, while a lower level of claims can result in cheaper Sierra insurance rates.
For example, the chart below analyzes the cheapest car insurance in Louisville, KY for a 35-year-old male driver with no prior claims, no tickets, and great credit. If we estimate prices based on his current rating profile, Cincinnati Insurance may have the cheapest car insurance rates in Louisville at $1,686 each year. This is $457 less than the average price paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Grange Mutual are the remainder of the top five cheapest Louisville, KY auto insurance companies.
Now we will pretend the driver in the first chart a couple of claims, a little lower credit rating, and a speeding citation. Because each company has their own guidelines to set policy rates, comparing prices may now show a different ranking of the cheapest companies as shown below.
Kentucky Farm Bureau now has the best price on car insurance in Louisville with Travelers, USAA, State Farm, and Westfield completing the list. This shows why it is crucial to compare rates when trying to get the cheapest auto insurance rates for a GMC Sierra.
Insurance rates are made up of many factors and change dramatically, so the most economical option when you last compared rates may now be wasting a lot of money.
How to find more affordable auto insurance for a GMC Sierra
The list below summarizes many money-saving solutions that can help Louisville drivers get cheaper coverage.
- Better credit rating means better rates
- Higher deductibles mean lower rates
- Drive attentively and avoid accidents
- You will pay more if you get tickets or have at-fault accidents
- Safer vehicles cost less to insure
- Compare rate quotes frequently
That last idea is remarkably necessary, as was discussed in this write-up. Rates in Louisville fluctuate considerably, so drivers shouldn’t hesitate to change insurance companies if you find a cheaper price.
Loyalty to a specific company is fine, but it’s not a good idea if that dedication is costing lots of hard earned cash every month. It only take a few minutes to compare rates and find cheaper car insurance for a GMC Sierra.