Lower Your 1993 GMC Sierra 3500 Insurance Cost

Having to pay for overpriced GMC Sierra 3500 insurance can consume your funds and possibly require you to analyze your spending habits. Comparison shopping is a great way to slash your bill and have more diposable income.

Consumers have many insurance companies to choose from, and although it’s nice to have multiple companies, it can be more challenging to compare rates and cut insurance costs.

This article will help you learn the best way to quote coverages and some tips to save money. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these methods. But vehicle owners do need to know the methods companies use to price online insurance because it can help you find the best coverage.

Ways to get auto insurance quotes

When comparison shopping, there are several ways to compare rate quotes from companies that offer auto insurance in your state. By far the easiest way to find the lowest 1993 GMC Sierra 3500 rates involves getting comparison quotes online. This is quite simple and can be completed in a couple of different ways.

Without a doubt, the easiest way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This easy form saves time by eliminating boring form submissions for every company. A single form will return quotes from auto insurance companies with the best prices.

A more time consuming way to compare rate quotes requires you to visit each company’s website and go through the quote process again. For examples sake, we’ll assume you want to compare State Farm, Progressive and GMAC. To get rate quotes you would need to navigate to each company’s site and repeatedly enter your information, which can get old fast. To view a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just ensure you’re using the same coverage limits and deductibles with every price quote. If each company quotes different deductibles you will not be able to get a fair rate comparison. Having just a slight variation in insurance coverages or limits could throw off the whole comparison. Just remember that quoting more will improve the odds of getting better pricing.

Use discounts to get cheaper car insurance quotes

Not too many consumers would say car insurance is affordable, but you might find some hidden discounts that can dramatically reduce your bill. Certain discounts will be applied when you complete an application, but a few must be manually applied before being credited.

  • Anti-theft System – Anti-theft and alarm system equipped vehicles can help prevent theft and therefore earn up to a 10% discount.
  • Low Mileage – Driving fewer miles can earn substantially lower rates.
  • Use Seat Belts – Requiring all passengers to buckle up before driving could save 15% off PIP or medical payments premium.
  • Own a Home – Simply owning a home may trigger a policy discount on car insurance since owning and maintaining a home means you have a higher level of financial diligence.
  • Claim-Free Discount – Insureds with no claims or accidents pay less as compared to policyholders that have many claims.

Discounts lower rates, but most discount credits are not given to all coverage premiums. Most only cut the cost of specific coverages such as comp or med pay. So even though you would think having all the discounts means you get insurance for free, it doesn’t quite work that way.

A few of the larger companies and a selection of discounts are included below.

  • Geico offers discounts for seat belt use, defensive driver, driver training, good student, military active duty, and emergency military deployment.
  • USAA may include discounts for new vehicle, safe driver, loyalty savings, good student, military installation, defensive driver, and vehicle storage.
  • Progressive policyholders can earn discounts including multi-policy, homeowner, continuous coverage, online quote discount, multi-vehicle, and online signing.
  • American Family has savings for TimeAway discount, air bags, accident-free, bundled insurance, defensive driver, multi-vehicle, and mySafetyValet.
  • Esurance includes discounts for good driver, homeowner, multi-policy, defensive driver, Switch & Save, claim free, and anti-lock brakes.
  • Farmers Insurance may have discounts that include homeowner, teen driver, good student, electronic funds transfer, mature driver, multi-car, and early shopping.
  • State Farm discounts include good student, good driver, driver’s education, accident-free, and Drive Safe & Save.

Check with all the companies which discounts you qualify for. Some discounts may not apply to policies in your area. If you would like to see a list of providers offering car insurance discounts, click this link.

Tailor your insurance coverage coverage to you

When it comes to choosing adequate coverage for your vehicles, there really is not a one size fits all plan. Each situation is unique so your insurance should reflect that These are some specific questions may help you determine if your situation may require specific advice.

  • Am I covered when driving in Canada or Mexico?
  • Do I need rental car coverage?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What is the rate difference between pleasure use and commuting?
  • Do I need roadside assistance coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Will my insurance pay for OEM parts?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to 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

Car insurance coverage breakdown

Learning about specific coverages of a car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages offered by car insurance companies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your 1993 GMC Sierra 3500.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive protection

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like theft, fire damage, rock chips in glass and a tree branch falling on your vehicle. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto collision coverage

This coverage will pay to fix damage to your Sierra 3500 from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with another moving vehicle, crashing into a ditch, backing into a parked car, scraping a guard rail and rolling your car. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Medical expense coverage

Coverage for medical payments and/or PIP pay for bills such as funeral costs, dental work and doctor visits. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability insurance protects you from injuries or damage you cause to a person or their property by causing an accident. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things such as structural damage, loss of income, attorney fees and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Take this to the bank

Budget-friendly insurance coverage is available on the web in addition to many insurance agents, so you should compare both in order to have the best chance of saving money. Some companies do not offer internet price quotes and these regional insurance providers only sell coverage through local independent agencies.

When getting insurance coverage quotes online, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed liability coverage limits only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy a smart amount of coverage at the best cost, not the least amount of coverage.

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