Lower Your 1995 GMC Sierra 3500 Car Insurance Rates

Searching for lower car insurance rates for your GMC Sierra 3500? Wish you could get a refund on high-priced car insurance? It’s a common feeling and there are many consumers feeling the pinch from expensive car insurance.

Multiple car insurance companies compete for your insurance dollar, so it’s not easy to compare every company and get the best coverage at the best price available.

The method we recommend to compare insurance rates in your area is to understand car insurance companies pay for the opportunity to give free rates quotes. To start a quote, the only thing you need to do is provide a little information like if you lease or own, whether or not you need a SR-22, your general credit rating, and the year, make and model of vehicles. Those rating factors is then submitted to all major companies and you receive quotes within a short period of time.

Auto insurance advertisements

Well-known auto insurance companies like 21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. They all have a common claim about how much you will save if you just switch to their company. How does each company make almost identical claims? This is the trick they use.

Auto insurance companies offer their best rates for the right customer that earns them the highest profit. One example of a profitable insured might be a female over age 40, has a clean driving record, and drives a safe vehicle. Any new insured who fits those characteristics receives the best car insurance rates and will probably save some money.

Consumers who do not match these standards may be forced to pay higher prices and this can result in the customer not purchasing. The trick companies use is to say “customers who switch” not “everyone who quotes” save that much. That’s why insurance companies can confidently make claims like that. Because every company is different, drivers must get as many free auto insurance quotes as possible. It is impossible to guess with any certainty which company will be your best fit.

Save money by receiving discounts

Auto insurance companies do not list the complete list of policy discounts in a way that’s easy to find, so we took the time to find a few of the more common and the more hidden credits that may apply to you.

• Passive Restraint Discount – Vehicles equipped with air bags may earn rate discounts up to 30%.
• Discounts for New Vehicles – Adding a new car to your policy can cost up to 25% less because newer vehicles keep occupants safer.
• Active Service Discounts – Having a family member in the military can result in better prices.
• Safety Course Discount – Successfully completing a course teaching defensive driving skills is a good idea and can lower rates if you qualify.
• College Student – Any of your kids living away from home attending college and don’t have a car may be insured at a cheaper rate.
• Life Insurance – Some companies give a small discount if you purchase some life insurance in addition to your auto policy.
• Own a Home and Save – Simply owning a home can save you money because owning a home demonstrates responsibility.
• 55 and Retired – If you qualify as a senior citizen, you are able to get lower premium rates on Sierra insurance.
• Clubs and Organizations – Being in a qualifying organization is a good way to get lower rates when getting a auto insurance quote.

Drivers should understand that many deductions do not apply the the whole policy. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears it’s possible to get free car insurance, that’s just not realistic. But all discounts will cut your overall bill.

The best car insurance companies and their offered discounts are:

• American Family offers discounts for bundled insurance, Steer into Savings, defensive driver, early bird, accident-free, air bags, and TimeAway discount.
• State Farm policyholders can earn discounts including driver’s education, student away at school, passive restraint, Steer Clear safe driver discount, and defensive driving training.
• 21st Century has discounts for 55 and older, automatic seat belts, good student, teen driver, homeowners, student driver, and air bags.
• Travelers may offer discounts for student away at school, hybrid/electric vehicle, save driver, continuous insurance, early quote, multi-car, and payment discounts.
• Geico may include discounts for anti-lock brakes, defensive driver, emergency military deployment, multi-vehicle, daytime running lights, and federal employee.

If you need lower rates, check with each company or agent to apply every possible discount. Savings may not be offered in every state. To see a list of companies who offer free car insurance quotes, follow this link.

Your car insurance coverage should be tailored to you

When buying proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different so this has to be addressed. For example, these questions might point out whether or not you may require specific advice.

• Do I have coverage if my license is suspended?
• Does my car insurance cover rental cars?
• What happens if I owe more than my 1995 GMC Sierra 3500 is worth?
• What is UM/UIM insurance?
• Should I sign the liability waiver when renting a car?
• Can I rate high risk drivers on liability-only vehicles?
• Do I need more liability coverage?
• Which is better, split liability limits or combined limits?
• How much liability do I need to cover my assets?
• Is my 1995 GMC Sierra 3500 covered for flood damage?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Car insurance coverages for a GMC Sierra 3500

Knowing the specifics of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on the average auto insurance policy.

Liability coverage

This coverage protects you from damage or injury you incur to other’s property or people that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage pays for things such as bail bonds, court costs, funeral expenses, loss of income and emergency aid. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for bills like prosthetic devices, funeral costs and surgery. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, hitting a parking meter, sideswiping another vehicle, backing into a parked car and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive coverages

This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, a tree branch falling on your vehicle, fire damage and damage from flooding. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage

This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your GMC Sierra 3500.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

A tidy conclusion

Discount 1995 GMC Sierra 3500 insurance is attainable online and with local insurance agents, so you need to quote auto insurance with both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get quotes online and usually these small, regional companies only sell through independent insurance agencies.

When trying to cut insurance costs, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut full coverage only to regret at claim time that it was a big mistake. The proper strategy is to purchase plenty of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Additional detailed information is located in these articles:

• Understanding Limits and Deductibles (Allstate)
• Who Has Cheap Auto Insurance Rates for a GMC Sierra in Kansas City? (KCAutoGuard.com)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• Drunk Driving Statistics (Insurance Information Insitute)
• Where can I buy Insurance? (Insurance Information Insitute)