Compare 1990 GMC Sierra 3500 Insurance Rates

Pricey GMC Sierra 3500 insurance can bleed your savings account and make it hard to pay other bills. Comparing rate quotes is an excellent way to ensure you are getting the best deal.

Drivers have many auto insurance companies to pick from, and although it’s a good thing to have a selection, too many choices makes it more difficult to compare rates and find the lowest cost insurance coverage.

Consumers need to compare prices before your next renewal because insurance coverage prices fluctuate regularly. Even if you think you had the best rates on Sierra coverage a couple years back there may be better deals available now. Ignore everything you know about insurance coverage because you’re going to get a crash course in the right way to properly buy coverages and cut your premium.

Informed drivers can lower their insurance costs

Part of the insurance coverage buying process is learning some of the things that help calculate the rates you pay for insurance coverage. If you have a feel for what controls the rates you pay, this helps enable you to make changes that will entitle you to better insurance coverage rates. Lots of things are taken into consideration when premium rates are determined. Some are obvious such as traffic violations, but others are less obvious such as your marital status or your financial responsibility.

Shown below are some of the items companies use to determine your premiums.

• Where you live can modify premiums – Having an address in a small town has it’s advantages when insuring your vehicles. People in densly populated areas regularly have much more traffic and longer commute times. Less people living in that area corresponds to lower accident rates in addition to fewer liability claims.
• Fewer miles means better prices – The more you drive your GMC in a year the higher your rate. A lot of insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Autos that have low annual miles receive better premium rates as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Sierra 3500 may be costing you higher rates. It’s a good idea to make sure your insurance coverage policy reflects the correct usage for each vehicle.
• Insurance coverage lapses lead to higher rates – Having an insurance coverage lapse is a quick way to increase your rates. Not only will you pay more, the inability to provide proof of insurance may earn you a revoked license or a big fine. You could then be forced to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
• Safer the car lower the rate – Vehicles with good safety scores tend to have lower insurance rates. These vehicles result in less severe injuries and lower injury rates translates into savings for insurance companies and thus lower rates. If your GMC Sierra 3500 earned at least four stars on Safercar.gov it may cost less to insure.
• Do you really need the incidental coverages? – There are a ton of add-on coverages you can purchase if you don’t pay attention. Insurance for roadside assistance, better glass coverage, and membership fees may be costing you every month. These coverages may sound good when you first buy your policy, but if they’re wasting money think about removing them and cutting costs.
• Better prices for being claim-free – If you are a frequent claim filer, don’t be surprised to see either higher rates or even cancellation. Car insurance companies generally give most affordable rates to people who are claim-free. Your car insurance is intended for claims that you cannot pay yourself.
• Good drivers pay lower premiums – Only having one citation may increase your cost substantially. Drivers with clean records receive lower rates than people who have multiple driving citations. People who have flagrant violations like DUI, reckless driving or excessive speeding might be required by their state to prove financial responsibility to the state department of motor vehicles in order to legally drive.
• Being married is a good thing – Walking down the aisle actually saves money on insurance coverage. It demonstrates that you tend to be more mature it has been statistically shown that married drivers tend to have fewer serious accidents.

Discounts to earn cheap insurance rates

Some insurance providers don’t always publicize all available discounts in an easy-to-find place, so the next list breaks down some of the more common as well as some of the hidden discounts that you can inquire about if you buy insurance online.

• Safety Course Discount – Participating in a class that teaches defensive driver techniques may get you a small discount if your company offers it.
• Discount for Home Ownership – Owning a house may earn you a small savings since home ownership is proof that your finances are in order.
• Paperless Signup – Certain insurance companies will provide an incentive for buying your policy digitally online.
• Clubs and Organizations – Being in a civic or occupational organization is a good way to get lower rates on your policy.
• Multiple Cars – Purchasing coverage when you have more than one vehicle on one policy may reduce the rate for each vehicle.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like adding up those discounts means a free policy, it just doesn’t work that way.

A few companies that may offer most of the discounts above include:

• The Hartford
• American Family
• Progressive
• Travelers
• Farmers Insurance
• USAA
• Liberty Mutual

When quoting, ask all the companies how many discounts you can get. Savings might not be offered on policies in your area. To view insurance companies who offer insurance discounts, click this link.

Are you falling for claims of savings?

Popular auto insurance providers such as Geico, State Farm and Progressive consistently run ads in print and on television. All the companies advertise claims that people will save if you switch your policy. How is it possible that every company can cost less than your current company? It’s all in the numbers.

Many companies have strict underwriting profiles for the type of customer that earns them a profit. For instance, a profitable risk profile might be described as over the age of 50, has no prior claims, and drives less than 7,500 miles a year. Anybody that fits those parameters gets the lowest rates as well as save a lot if they switch.

Insureds who do not meet this stringent profile will probably have to pay a higher rate which translates to the driver buying from a lower-cost company. The ads say “drivers that switch” not “everyone that quotes” can save as much as they claim. That’s why insurance companies can advertise the way they do. Because of the profiling, you really need to do a rate comparison at every renewal. It is impossible to guess which insurance companies will have the best premium rates.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different and your policy should reflect that. For example, these questions can help discover whether your personal situation would benefit from an agent’s advice.

• What are the financial responsibility laws in my state?
• What is high-risk coverage and where do I buy it?
• Are split liability limits better than a combined single limit?
• Is a blown tire covered by insurance?
• Are rental cars covered under my policy?
• How do I buy GAP insurance?

If it’s difficult to answer those questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Insurance coverage considerations

Having a good grasp of insurance can be of help when determining the best coverages for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average insurance policy.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your GMC Sierra 3500.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for liability – This protects you from damages or injuries you inflict on a person or their property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims such as repair costs for stationary objects, bail bonds, emergency aid, pain and suffering and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for X-ray expenses, doctor visits, nursing services and dental work. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision – Collision coverage will pay to fix damage to your Sierra 3500 resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a mailbox, crashing into a ditch, driving through your garage door and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, vandalism, hitting a deer and damage from flooding. The maximum amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Online plus local equals savings

We covered a lot of ways to reduce 1990 GMC Sierra 3500 insurance rates online. The most important thing to understand is the more you quote insurance, the more likely it is that you will get a better rate. Consumers may even find the most savings is with a smaller regional carrier. Regional companies can often provide lower car insurance rates in certain areas than the large multi-state companies such as Allstate, Geico and Progressive.

As you go through the steps to switch your coverage, do not buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced liability limits or collision coverage and discovered at claim time that the savings was not a smart move. Your goal should be to buy enough coverage for the lowest price, but don’t skip important coverages to save money.

More information

• Anti-Lock Brake FAQ (iihs.org)
• Who Has Affordable Auto Insurance Rates for a GMC Sierra in Charlotte? (CarolinaAutoGuard.com)
• Eight Auto Insurance Myths (Insurance Information Insitute)
• How to Avoid Common Accidents (State Farm)
• Red Light Cameras (State Farm)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)