How Much Does 1998 GMC Sierra 3500 Car Insurance Cost?

Want the cheapest insurance rates for your GMC Sierra 3500? Are you irritated from scraping the payment together to pay high insurance rates every month? You’re in the same situation as most other vehicle owners. Popular companies such as State Farm, Allstate, Geico and Progressive continually bombard you with ads and it is difficult to ignore the propoganda and effectively compare rates to find the best deal.

If you have a current insurance coverage policy or need a new policy, you can learn to find the best rates while maximizing coverage. Finding affordable coverage is easy if you know what you’re doing. Vehicle owners just need to understand the most effective way to shop their coverage around online.

Drivers save money with these discounts

Companies don’t necessarily list every discount they offer in a way that’s easy to find, so we break down a few of the more well known as well as the least known discounts that you can inquire about if you buy auto insurance online.

  • Auto/Life Discount – Select companies reward you with a discount if you purchase a life insurance policy as well.
  • Fewer Miles Equal More Savings – Maintaining low annual mileage can qualify you for discounted car insurancerates on garaged vehicles.
  • Paperless Signup – Many larger companies will give a small break for completing your application on your computer.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10% off your auto insurance quote.
  • Own a Home – Owning a home can earn you a little savings because of the fact that having a home is proof of financial responsibility.
  • Mature Driver Discount – Drivers that qualify as senior citizens could receive better car insurance rates for Sierra insurance.
  • Bundled Policy Discount – When you combine your homeowners and auto insurance and insure them with the same company you could save over 10 percent off each policy depending on the company.
  • Savings for New Vehicles – Putting insurance on a new car may earn a small discount because newer vehicles keep occupants safer.
  • Drivers Ed for Students – Cut your cost by having your teen driver participate in a local driver’s education class as it can save substantially.

Don’t be surprised that many deductions do not apply to the entire cost. Some only reduce individual premiums such as liability, collision or medical payments. Even though it appears you could get a free car insurance policy, company stockholders wouldn’t be very happy.

Large car insurance companies and the discounts they provide are:

  • State Farm may have discounts that include student away at school, driver’s education, multiple policy, Drive Safe & Save, and good driver.
  • Progressive may include discounts for multi-vehicle, online signing, homeowner, online quote discount, and good student.
  • Travelers may offer discounts for continuous insurance, home ownership, student away at school, save driver, driver training, good student, and payment discounts.
  • American Family discounts include Steer into Savings, multi-vehicle, good student, TimeAway discount, defensive driver, and air bags.
  • Liberty Mutual offers premium reductions for hybrid vehicle, exclusive group savings, new graduate, safety features, multi-car, newly retired, and new vehicle discount.

Before buying, ask each insurance company which credits you are entitled to. Depending on the company, some discounts might not be offered in every state. If you would like to choose from a list of insurers with discount car insurance rates, click here.

How to buy car insurance online

All major car insurance companies such as Progressive, Allstate and Geico allow consumers to get prices for coverage from their websites. The process is possible for anyone as all you need to do is type in the coverages you want as detailed in the form. Upon sending the form, the system makes automated requests for reports for credit and driving violations and provides a quote based on the information you submitted. Being able to quote online helps simplify price comparisons, but the time required to go to multiple sites and type in the same data is repetitive and time-consuming. But it’s necessary to get many rate quotes if you are searching for the best price on car insurance.

A better way to compare car insurance pricing requires only one form that analyzes rates from several companies at one time. It’s a real time-saver, requires much less work on your part, and makes price shopping online much more enjoyable. Immediately after submitting the form, your coverage is rated and you are able to buy any of the quotes that you receive.

If the quotes result in lower rates, you simply finish the application and buy the policy. The entire process takes just a few minutes to complete and could lower your rates considerably.

To find out what other companies charge, simply click here to open in new window and submit the form. If you have a policy now, it’s recommended that you enter the coverages as close as possible to your current policy. Doing this guarantees you will have an apples-to-apples comparison for similar insurance coverage.

Smart choices result in lower insurance rates

Many factors are used when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, but other factors are less apparent such as your marital status or how safe your car is.

Listed below are some of the factors that factor into your premiums.

  • Poor credit can mean higher premiums – Having a bad credit history is a big factor in determining what you pay for auto insurance. If your credit can use some improvement, you could potentially save money when insuring your 1998 GMC Sierra 3500 by taking the time to improve your credit score. Insureds that have excellent credit tend to file fewer claims than drivers who have poor credit scores.
  • Save money by raising comp and collision deductibles – Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, is used to repair damage to your vehicle. Some instances where coverage would apply are a windshield shattered by a rock, damage from fire, and windstorm damage. Comprehensive and collision coverage deductibles tell how much you are willing to pay before your auto insurance pays a claim. The more expense the insured has to pay upfront, the bigger discount you will receive for Sierra insurance.
  • Gals tend to take less risk – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. It does not mean females are better at driving than males. Women and men have fender benders in similar numbers, but men tend to have higher claims. They also get cited for more serious violations such as reckless driving. Teenage male drivers have the highest risk to insure so they pay the highest premiums.
  • City traffic equals higher costs – Residing in smaller towns and rural areas of the country can be a good thing when trying to find low car insurance rates. City drivers have to deal with more road rage incidents and much longer commute distances. Fewer people means fewer accidents and a lower car theft rate.
  • Auto insurance rates and your occupation – Jobs such as military generalspolice officers and financial analysts generally pay higher premiums than the average policyholder because of high stress and lengthy work days. On the flip side, jobs such as actors, historians and homemakers receive lower rates for Sierra insurance.
  • Auto insurance policy lapses increase premiums – Driving your car without having proper coverage is a misdemeanor and you will pay a penalty because you let your insurance expire. In addition to paying higher premiums, not being able to provide proof of insurance may result in a hefty fine and possibly a revoked license. You may then be required to file a SR-22 with your state department of motor vehicles.
  • Tickets drive up premiums – Being a careful driver has a lot to do with how much you pay for insurance. Even one speeding ticket or other violation can boost insurance rates substantially. Careful drivers tend to pay less for car insurance compared to drivers with tickets. Drivers unfortunate enough to have severe citations such as reckless driving or DUI may face state-mandated requirements to complete a SR-22 to the state department of motor vehicles in order to legally drive a vehicle.
  • Drive fewer miles and save – The higher the mileage driven in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Vehicles that have low annual miles can be on a lower rate level compared to those used for work or business. Make sure your auto insurance coverage is showing how each vehicle is driven. A policy that improperly rates your Sierra 3500 can result in significantly higher rates.

Special considerations

When choosing coverage, there really is not a best way to insure your cars. Everyone’s situation is unique so your insurance should reflect that For instance, these questions may help highlight whether you might need professional guidance.

  • Can I still get insurance after a DUI?
  • Am I covered when driving on a suspended license?
  • Is my trailer covered?
  • Is my 1998 GMC Sierra 3500 covered for flood damage?
  • Am I covered when using my vehicle for business?
  • Do I need roadside assistance coverage?
  • Am I covered when driving in Canada or Mexico?
  • What is PIP insurance?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Do you really save 40% when you switch?

Consumers can’t ignore all the ads that claim the cheapest premium rates by Progressive, Allstate and Geico. All the companies make an identical promise about saving some big amount if you just switch your policy.

How is it possible that every company can make the same claim? This is how they do it.

Insurance providers have strict underwriting profiles for the driver that will generate a profit. A good example of a profitable risk profile might have to be over age 30, has other policies, and drives less than 5,000 miles a year. A propective insured that hits that “sweet spot” receive the lowest rate quotes and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t meet these stringent criteria will get a higher rate which leads to business going elsewhere. If you listen to the ad wording, they say “people that switch” not “everybody who quotes” will save that much if they switch. That’s why companies can truthfully make claims like that.

This really emphasizes why you absolutely need to compare as many free auto insurance quotes as you can. Because without a comparison, you cannot know which insurance companies will have the lowest rate quotes.

The coverage is in the details

Having a good grasp of car insurance can be of help when determining which coverages you need and proper limits and deductibles. Car insurance terms can be confusing and reading a policy is terribly boring. These are the usual coverages offered by car insurance companies.

Liability

Liability coverage will cover damage or injury you incur to other people or property. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for claims like court costs, loss of income, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive insurance

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, damage from a tornado or hurricane, theft, hitting a deer and vandalism. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverage

This covers damage to your Sierra 3500 resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like damaging your car on a curb, colliding with another moving vehicle, backing into a parked car, scraping a guard rail and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like chiropractic care, EMT expenses and funeral costs. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

More comparisons equals lower rates

While you’re price shopping online, you should never skimp on coverage in order to save money. In too many instances, drivers have reduced collision coverage only to regret at claim time that the small savings ended up costing them much more. The goal is to find the BEST coverage at the best possible price, not the least amount of coverage.

In this article, we presented a lot of tips how to shop for 1998 GMC Sierra 3500 insurance online. The key concept to understand is the more providers you compare, the better likelihood of getting low cost auto insurance. Consumers could even find that the most savings is with some of the smallest insurance companies. These smaller insurers may only write in your state and offer lower car insurance rates than their larger competitors like Allstate or State Farm.

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