2003 GMC Sierra 3500 Insurance Cost – 9 Ideas for Cheapest Prices

Consumers have a choice when looking for the lowest priced GMC Sierra 3500 insurance. They can either waste time driving around to compare prices or use the internet to make rate comparisons. There are both good and bad ways to compare auto insurance rates so you’re going to learn the absolute fastest way to price shop coverage for a new or used GMC and find the best price possible either online or from local insurance agents.

It’s smart to shop coverage around on a regular basis because insurance rates are usually higher with each renewal. If you had the best rate on Sierra coverage a few years ago you can probably find a lower rate today. There is lot of inaccurate information about auto insurance on the web, but in just a couple of minutes you can learn some of the best ways to reduce your auto insurance bill.

If you have insurance now or are shopping for new coverage, you can use this information to reduce the price you pay and possibly find even better coverage. This article will teach you the best way to quote coverages. Drivers just need to know how to shop for insurance over the internet.

Compare insurance coverage rate quotes

Getting a cheaper price on 2003 GMC Sierra 3500 insurance is not a difficult process. Drivers just need to take time to compare free car insurance quotes online with multiple companies. Rate comparisons can be done using one of these methods.

The most recommended method to find low rates would be an industry-wide quote request form like this one (opens in new window). This easy form keeps you from doing multiple quote forms to each individual insurance coverage company. Completing one form compares rates instantly. Recommended for those who want to invest the least amount of time.

A slightly less efficient method to find lower rates is spending the time to visit each company website to complete a price quote. For instance, we’ll assume you need rates from State Farm, Geico and Allstate. You would have to go to every website to enter the same coverage data repeatedly, which can get rather old.

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

Take whichever approach you prefer, but try to keep exactly the same information for every quote you compare. If your comparisons have unequal deductibles or liability limits it’s not possible to find the best deal for your GMC Sierra 3500.

Does auto insurance advertising bend the truth?

Drivers can’t get away from ads that claim the lowest rates by companies like State Farm, Geico and Progressive. All the companies make an identical promise that people will save if you get a free car insurance quote and switch your policy.

How does every auto insurance company sell you cheaper insurance coverage? This is how they do it.

Insurance providers have an ideal profile for the type of customer that is profitable for them. A good example of a profitable risk profile might be described as over the age of 50, has other policies, and the vehicle is rated for pleasure use. A propective insured that hits that “sweet spot” will probably get cheap prices and as a result will probably save money with a new company.

Drivers who do not match the requirements may be forced to pay a more expensive rate which usually ends up with business going elsewhere. If you pay attention, the ads say “customers who switch” not “everyone who quotes” save that kind of money. That is how companies can truthfully make the claims of big savings. That is why it is so important to compare price quotes frequently. You cannot predict which company will have the best prices.

These nine discounts can cut car insurance rates

Companies that sell car insurance do not advertise every discount they offer very well, so the list below gives a summary of a few of the more well known and the harder-to-find credits available to bring down your rates.

• Accident Forgiveness – This one isn’t a discount, but some insurance companies will let one accident slide without raising rates if you are claim-free for a set time period.
• College Student Discount – Kids who live away from home to go to college and do not have access to a covered vehicle could get you a discount.
• Life Insurance Discount – Larger insurance carriers have a lower car insurance rate if you buy life insurance.
• No Claim Discounts – Drivers who stay claim-free get the best car insurance rates in comparison to accident-prone drivers.
• Online Discount – A handful of car insurance companies will give a small break for buying a policy and signing up digitally online.
• Driver’s Education for Students – Have your child enroll and complete driver’s education in school or through a local driver safety program.
• 55 and Retired – If you’re over the age of 55, you can possibly qualify for a slight reduction on a car insurance quote on Sierra coverage.
• Own a Home – Owning a home can save a few bucks due to the fact that maintaining a home requires personal responsibility.
• Good Students Pay Less – This discount can get you a discount of up to 25%. Many companies even apply the discount to college students well after school through age 25.

A little disclaimer on discounts, some credits don’t apply to the entire policy premium. Most only apply to the price of certain insurance coverages like medical payments or collision. Even though it appears having all the discounts means you get insurance for free, companies don’t profit that way.

If you would like to choose from a list of car insurance companies with significant discounts, click this link.

When do I need an agent’s advice?

When buying adequate coverage, there really is no cookie cutter policy. Each situation is unique.

For instance, these questions might point out if you could use an agent’s help.

• Should I have combined single limit or split liability limits?
• Is a new car covered when I drive it off the dealer lot?
• Are rental cars covered under my policy?
• Why do I only qualify for high-risk insurance?
• Does car insurance cover theft of personal property?
• How much liability insurance is required?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and may give you better protection.

Car insurance 101

Learning about specific coverages of your insurance policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive protection

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

Comprehensive can pay for things such as a tree branch falling on your vehicle, hail damage, theft, damage from flooding and falling objects. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical expense coverage

Med pay and PIP coverage pay for immediate expenses like X-ray expenses, hospital visits, pain medications and nursing services. They are used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Collision insurance

Collision insurance will pay to fix damage to your Sierra 3500 resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sustaining damage from a pot hole, sideswiping another vehicle, crashing into a building and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Auto liability insurance

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

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims such as repair costs for stationary objects, repair bills for other people’s vehicles, loss of income and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured or underinsured coverage

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your GMC Sierra 3500.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Get your money’s worth

Cheaper auto insurance can be purchased online and from local agencies, and you should be comparing both to have the best selection. There are still a few companies who may not have internet price quotes and these smaller providers only sell coverage through independent agencies.

People who switch companies do it for many reasons like unfair underwriting practices, policy cancellation, not issuing a premium refund and even denial of a claim. Whatever your reason, finding the right auto insurance provider can be less work than you think.

We covered a lot of ways to shop for 2003 GMC Sierra 3500 insurance online. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding affordable car insurance. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising.

More information is available at these links:

• Safety Belts FAQ (iihs.org)
• Frontal Crash Tests (iihs.org)
• Determing Auto Insurance Rates (Geico)
• Tread Depth and Tire Safety (State Farm)