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.
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.
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.
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:
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.
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.
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.
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.
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.
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.
Slyvia Decker
Does State Farm have good claim service?
Leatha Cotton
I chose to switch to State Farm from American Family. I live in Mobile, Alabama. I got prices on the web.
Adan Santana
I compared a lot of rate quotes for a 1990 GMC Sierra 3500 in Little Rock, Arkansas. Ended up at right around $120 every six months with Auto-Owners. I’m a pretty good driver though.
Reynalda Burks
From a town just southwest of Parkersburg, WV. Got free quotes online for a 1990 GMC Sierra 3500. Ended up at about $120 savings annually. Went with Progressive. Left Farmers to switch. Not sure if rates are cheaper online or not. Just liability coverage since it’s getting old.
Alexandria Talley
Thanks for putting this site together. From Allentown, PA. Got car insurance rates from Hanover, Amica, Mercury, and a couple others for my 1990 GMC Sierra 3500 and saved about $100 a year. :P
Kazuko Kaufman
Got pretty cheap 1990 GMC Sierra 3500 insurance from Allstate in Newark, NJ.
Cody Hendrix
Here’s my quote info. I live east of Los Angeles, CA. Quoted quotes with Amica, Nationwide, and a few others for my Sierra 3500 and I think I cut my rates about $20 each month. My new agent seems to be really good. :) I don’t insure for physical damage though.
Iraida Middleton
21st Century was cheapest for my 1990 GMC Sierra 3500 in Columbus, Ohio.
Tameika Jefferson
In Burlington, VT, Allstate auto insurance rates for my 1990 GMC Sierra 3500 were good. Was with Auto-Owners. Thankfully I have a good driving record. Not sure if rates are cheaper online or through an agent. Book value doesn’t justify full coverage anymore.
Miyoko Jordan
Cheapest quote for my 1990 GMC Sierra 3500 was with Esurance. They were helpful in switching over. Full coverage costs too much.
Vincenzo Schmidt
Does Allstate offer good discounts?
Chieko Lewis
Lifelong resident of Lincoln, Nebraska. Quoted with Allstate, AAA, and Esurance for my GMC and saved just over $100 a year. Only insure liability on my GMC.
Kala Carpenter
Hope my car insurance gets cheaper. I live just outside Lewiston, ME. Got quotes from 21st Century, Erie, and Liberty Mutual for my Sierra 3500 and I think I am saving around $10 each month. Left The General to switch. I’m a pretty low risk driver. Not sure about claim service.
Freda Long
Just my two cents. Proud to be from Jacksonville, FL. Got car insurance quotes with 21st Century, Amica, and some I forget for my 1990 GMC Sierra 3500 and I’m now saving $18 a month. Insured with Amica before. My new agent seems to be really good. Get lots of quotes to find the best rate.
Gaylene Morrison
It all costs too much. Got a quote with State Farm for my Sierra 3500 and saved around $60 a year. Still almost need a second mortgage.