2001 GMC Sierra 3500 Car Insurance Rates – 5 Policy Discounts

Overpriced GMC Sierra 3500 insurance can drain your family’s budget and force you to cut corners elsewhere. Insurance companies such as State Farm, Progressive and Geico all claim big savings with TV and radio ads and it can be hard to see past the geckos and flying pigs and do the work needed to find the best deal.

If you have insurance now or are shopping for new coverage, you will benefit by learning to reduce the price you pay while maintaining coverages. Finding the best rates is quite easy. Drivers just need to know the most efficient way to buy insurance on the web.

Compare auto insurance quotes online

Finding low cost auto insurance rates is actually quite simple. The only requirement is to take a couple of minutes comparing free insurance coverage quotes to discover which company has the cheapest insurance coverage quotes. This can easily be done in just a few minutes using one of these methods.

Probably the best way to get quotes is a comparison rater form click to view form in new window. This style of form eliminates the need for multiple quote forms for every auto insurance company. A single, simple form gets rate comparisons direct from many companies.

A harder way to compare rate quotes is going to each company website to complete their respective quote request forms. For sake of this example, let’s assume you are doing a rate comparison from Geico, State Farm and Progressive. You would be required to navigate to each company’s site to enter the same coverage data repeatedly, which is why the first method is more popular.

To view a list of companies in your area, click here.

The most time-consuming method to compare price estimates is to waste gas driving to all the different insurance agencies. The internet has reduced the need for local agents unless you have a complicated situation and need the guidance only provided by licensed agents. Some companies do allow you to comparison shop your insurance online but still have the advice of a local agent.

The method you choose is up to you, but be sure you’re using identical coverage limits and deductibles on every quote. If you use different limits and deductibles on each one it’s impossible to determine the best price for your GMC Sierra 3500.

Insurance coverage rates and discounts

Car insurance companies don’t list their entire list of discounts in an easy-to-find place, so the following is a list of a few of the more well known and the harder-to-find credits available to lower your premiums when you buy insurance coverage online.

• Professional Organizations – Joining a civic or occupational organization could qualify you for a break on your bill.
• Homeowners Pay Less – Simply owning a home can earn you a little savings because maintaining a house requires a higher level of personal finance.
• New Vehicle Savings – Insuring a vehicle that is new can save up to 30% since new model year vehicles are generally safer.
• Military Rewards – Being on active deployment in the military could be rewarded with lower premium rates.
• Policy Bundle Discount – If you insure your home and vehicles and insure them with the same company you will save at least 10 to 15 percent or more.

You should keep in mind that most discounts do not apply the the whole policy. Most only reduce the cost of specific coverages such as liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, companies wouldn’t make money that way.

Some of the larger companies that may include these money-saving discounts may include but are not limited to:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• Geico
• State Farm

It’s a good idea to ask every insurance company the best way to save money. Some credits may not be available in your area. If you would like to view companies with discount rates, click this link.

Situations that may require an agent’s advice

When choosing adequate coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can help discover if you would benefit from an agent’s advice.

• Do I need medical payments coverage since I have good health insurance?
• What is high-risk coverage and where do I buy it?
• Should I have combined single limit or split liability limits?
• If my 2001 GMC Sierra 3500 is totaled, can I afford another vehicle?
• Does my policy pay for OEM or aftermarket parts?
• Do I pay less if my vehicle is kept in my garage?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Insurance policy coverages for a 2001 GMC Sierra 3500

Learning about specific coverages of insurance aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by insurance companies.

Liability coverage – This coverage will cover damage that occurs to a person or their property in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as repair bills for other people’s vehicles, loss of income and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive or Other Than Collision – This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, fire damage, damage from a tornado or hurricane and theft. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance – Med pay and PIP coverage pay for expenses like X-ray expenses, chiropractic care, ambulance fees and surgery. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision – This pays for damage to your Sierra 3500 resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like rolling your car, backing into a parked car and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to bring the cost down.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your GMC Sierra 3500.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.