Comparing Memphis car insurance quotes online may seem complicated initially if you've never compared online insurance quotes. But keep reading because there is an easy way to compare rates for GMC Sierra insurance in Memphis.

Insurance rates GMC Sierra in MemphisUnthinkable but true, almost 70% of drivers renewed their policy with the same company for four years or more, and approximately 40% of consumers have never even shopped around for cheap coverage. Many consumers in Memphis could cut their rates by roughly $475 a year, but they don't understand how simple it is to compare other rate quotes.

Keep in mind that more quotes will increase your chances of finding the best offered rates.

The following companies can provide free rate quotes in Tennessee. If the list has multiple companies, we recommend you click on several of them in order to get a fair rate comparison.

GMC Sierra Insurance Rates in Memphis, TN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sierra SLE Regular Cab 2WD $136 $272 $350 $20 $104 $882 $74
Sierra SL Extended Cab 2WD $284 $448 $378 $22 $114 $1,246 $104
Sierra SLE Crew Cab 2WD $214 $440 $304 $18 $90 $1,066 $89
Sierra SL Crew Cab 2WD $242 $544 $326 $20 $98 $1,230 $103
Sierra SLE Crew Cab 2WD $194 $368 $272 $16 $82 $932 $78
Sierra SLE Regular Cab 4WD $242 $500 $376 $22 $112 $1,252 $104
Sierra SLE Extended Cab 4WD $242 $518 $326 $20 $98 $1,204 $100
Sierra SLE Crew Cab 4WD $160 $304 $278 $16 $82 $840 $70
Sierra SLT Extended Cab 2WD $216 $438 $272 $16 $82 $1,024 $85
Sierra SL Crew Cab 4WD $172 $342 $390 $24 $116 $1,044 $87
Sierra SLT Extended Cab 4WD $198 $350 $294 $18 $88 $948 $79
Sierra SLT Crew Cab 2WD $272 $518 $294 $18 $88 $1,190 $99
Sierra SLT Crew Cab 4WD $168 $314 $294 $18 $88 $882 $74
Sierra Denali Crew Cab 2WD $150 $330 $326 $20 $98 $924 $77
Sierra Denali Crew Cab 4WD $320 $510 $378 $22 $114 $1,344 $112
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Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Estimates do not factor in specific Memphis garaging location which can affect coverage rates greatly.

Annual premiums for males versus females

The chart below visualizes the comparison of GMC Sierra insurance rates for male and female drivers. The data is based on a clean driving record, no at-fault accidents, full coverage, $1,000 deductibles, single marital status, and no discounts are applied.

Physical damage deductibles: Should you raise them?

The diagram below demonstrates how deductible levels and can change GMC Sierra insurance rates for different insured age categories. The data is based on a married male driver, full physical damage coverage, and no discounts are taken into consideration.

Slash rates with these discounts on GMC Sierra insurance in Memphis

Car insurance is not cheap, but there are discounts available that you may not even be aware of. Certain discounts will be applied when you quote, but a few must be inquired about before they will apply.Car insurance discounts

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. Most only apply to individual premiums such as collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, that's just not realistic.

Larger car insurance companies and a selection of discounts are outlined below.

When comparing rates, check with each company or agent which discounts you qualify for. Some credits may not apply to policies in Memphis.

How do Insurance Companies Determine GMC Sierra Insurance Premiums?

A large part of saving on auto insurance is knowing some of the factors that are used to determine the level of your policy premiums. If you have some idea of what controls the rates you pay, this empowers consumers to make smart changes that will entitle you to lower premium levels.

The factors shown below are a few of the "ingredients" used by your company to calculate premiums.

Insurance rates for married couples - Your spouse may cut your premiums on auto insurance. Having a significant other translates into being more financially stable and statistics prove being married results in fewer claims.

Can a thief steal your car? - Selecting a car model with an alarm system can help bring down rates. Theft deterrent systems such as OnStar, LoJack tracking, and tamper alarms all hinder your vehicle from being stolen.

Do you know you're credit history? - Having a good credit score is a big factor in determining your rates. Consumers who have excellent credit tend to be better drivers and file fewer claims than drivers with lower credit ratings. If your credit rating could use some work, you could pay less to insure your GMC Sierra by improving your rating.

Obey driving laws and save - Attentive drivers have lower premiums as compared to careless drivers. Getting just one chargable violation may cause rates to rise by as much as thirty percent. Drivers who have received dangerous citations such as DUI, reckless driving or excessive speeding may find they need to file a proof of financial responsibility form (SR-22) with their state's department of motor vehicles in order to legally drive.

Buy as much liability coverage as you can afford - Liability insurance provides coverage when you are found to be at fault for physical damage or personal injury to other. Your liability coverage provides for a legal defense which can cost a lot. Liability is cheap compared to physical damage coverage, so do not skimp.

Your vocation can affect rates - Do you work in a high-stress field? Careers such as judges, architects and dentists tend to have higher rates than the rest of us attributed to high stress levels and lots of time spent away from family. On the flip side, jobs like actors, engineers and homemakers have lower than average premiums.

Claim-free discounts can add up - If you file a lot of claims don't be surprised to see either a policy non-renewal or much higher rates. Companies in Tennessee generally give cheaper rates to insureds that do not abuse their auto insurance. Your insurance policy is designed for more catestrophic claims.

Insurance losses for a GMC Sierra - Insurance companies use past insurance losses as a way to help calculate a profitable premium price. Models that historically have increased losses will cost more for specific coverages. The data below shows the historical loss data for GMC Sierra vehicles.

For each policy coverage, the statistical loss for all vehicles, regardless of manufacturer or model, is set at 100. Values below 100 imply a favorable loss record, while percentage values above 100 show a trend for more claims or an increased chance of a larger loss.

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

Buying from auto insurance agents

Many people just want to buy from a local agent and that is a personal choice. One of the great benefits of getting free rate quotes online is that you can find lower rates but still work with a licensed agent. Buying insurance from small agencies is important particularly in Memphis.

Insurance agency in MemphisFor easy comparison, once you complete this form (opens in new window), the quote information is instantly submitted to insurance agents in Memphis that can give you free Memphis car insurance quotes for your auto insurance coverage. There is no need to even leave your home because prices are sent immediately to your email address. You can most likely find cheaper rates and a licensed agent to work with. If you need to quote rates from a specific insurance company, just visit that company's website and fill out the quote form the provide.

Pick the best auto insurance agent in Memphis for you

If you would like to find a good insurance agency, you should know the different types of agencies to choose from. Auto insurance agents are categorized either independent or exclusive depending on the company they work for.

Independent Auto Insurance Agents

These agents often have affiliation with several companies so they can quote policies through many companies and help determine which has the cheapest rates. If your agent finds better pricing, your policy is moved internally and you stay with the same agent.

If you are trying to find cheaper rates, you definitely need to contact a couple of independent agencies in order to have the best price comparison. A lot of them also have access to less well-known companies which can save you money.

Shown below is a list of independent agencies in Memphis who may be able to give you cheap rate quotes.

More Memphis agents

Exclusive Agencies

Agents of this type can only place business with one company and some examples include State Farm, AAA, and Liberty Mutual. Exclusive agents are unable to compare rates from other companies so keep that in mind. Exclusive agencies are well schooled on sales techniques which helps them sell insurance even at higher premiums. Consumers often use the same exclusive agent mainly due to the prominence of the brand rather than low price.

Shown below are Memphis exclusive agencies willing to provide price quotes.

More Memphis agents

Selecting an insurance agency should include more criteria than just a cheap price. The questions below may impact your decision as well.

Your auto insurance coverage should be tailored to you

When choosing a policy, there really is not a perfect coverage plan. You are unique.Higher deductibles save money

These are some specific questions can aid in determining whether or not you would benefit from an agent's advice.

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Cheap car insurance is out there

Drivers leave their current company for a variety of reasons including high rates after DUI convictions, unfair underwriting practices, delays in responding to claim requests and questionable increases in premium. Regardless of your reason, switching companies is easier than you think.

More affordable car insurance in Memphis is attainable both online as well as from insurance agents, so get free Memphis car insurance quotes from both of them to have the best chance of lowering rates. Some insurance providers may not provide online rate quotes and these small, regional companies only sell through independent agencies.

As you quote Memphis car insurance, do not sacrifice coverage to reduce premiums. There have been many situations where an insured dropped uninsured motorist or liability limits and found out when filing a claim that the savings was not a smart move. Your strategy should be to find the BEST coverage at an affordable rate, but don't skip important coverages to save money.

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