Compare 2002 GMC Sierra 3500 Car Insurance Cost

Searching for better insurance coverage rates? Consumers have a choice when looking for the lowest priced GMC Sierra 3500 insurance. They can either waste time calling around to compare prices or use the internet to make rate comparisons.

There are both good and bad ways to find insurance coverage online so you’re going to learn the proper way to get price quotes for a new or used GMC and find the best price possible either online or from local insurance agents.

Consumers should take time to get comparison quotes periodically because rates change frequently. Just because you had the best deal for Sierra coverage at your last renewal there may be better deals available now. There is a lot of wrong information about insurance coverage online but we’re going to give you a bunch of ideas how to lower your insurance coverage premiums.

Buy car insurance online

The majority of larger companies such as 21st Century, Allstate and State Farm give prices for coverage on the web. Doing online quotes is easy for anyone as all you need to do is type in your coverage information on the page. Once entered, their quoting system automatically orders your driving and credit reports and returns a price quote based on the information you submitted.

Being able to quote online simplifies rate comparisons, but having to visit a lot of sites and type in the same data can get tiresome after awhile. But it’s necessary to do this if you want to get the best price on car insurance.

The easiest way to locate the lowest prices is to use a quote form that analyzes rates from several companies at one time. It saves time, helps eliminate reptitive entry, and makes online shopping much more enjoyable and efficient. Immediately after submitting the form, your coverage is rated and you are able to buy any one of the quotes returned.

If the quotes result in lower rates, you simply finish the application and buy the new coverage. It can be completed in less than 10 minutes and you will find out if you’re overpaying now.

To save time and find out what other companies charge, click here to open in new window and submit your coverage information. To compare your current rates, we recommend that you enter identical to your current policy. This makes sure you will have comparison quotes for exact coverage.

Slick advertising tricks that work

Consumers get pounded daily by advertisements that claim the best premium rates by 21st Century, Allstate and State Farm. All the companies convey the message that drivers can save some big amount after switching to them.

That’s great but how can every company charge less that you’re paying now? It’s all in how they say it.

Many companies provide the lowest rates for the driver that earns them a profit. One example of a profitable risk profile might have to be over the age of 40, has no driving citations, and drives a lower-performance vehicle. Any person who fits those characteristics gets the lowest car insurance rates and have a good chance to save a lot if they switch.

Potential insureds who do not fit these stringent criteria may be forced to pay higher premium rates and this results in the customer not buying. The ads say “customers who switch” but not “all drivers who get quotes” save that kind of money. That’s the way insurance companies can make those claims.

This really illustrates why drivers should do a rate comparison at every renewal. It’s impossible to know the company that will have the lowest rates.

Lower-cost insurance coverage rates with discounts

Some companies don’t always publicize every possible discount in a way that’s easy to find, so the list below gives a summary of both the well known as well as the least known credits available to you.

  • Military Discounts – Being deployed with a military unit could be rewarded with lower premium rates.
  • Defensive Driver Discount – Taking a course teaching defensive driver skills could save 5% or more and also improve your driving technique.
  • Telematics Data – People who choose to allow their insurance company to spy on driving habits by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction if they are good drivers.
  • Waiver for an Accident – Not a discount per se, but certain companies will allow you to have one accident before hitting you with a surcharge if you have no claims for a certain period of time.
  • Save with More Vehicles Insured – Buying coverage for multiple cars with the same insurance coverage company can reduce the rates for all insured vehicles.
  • Paper-free Discount – A few insurance companies will provide an incentive for completing your application over the internet.

You can save money using discounts, but most credits do not apply to your bottom line cost. The majority will only reduce individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way. But any discount will cut the amount you pay for coverage.

For a list of insurance companies with discount insurance coverage rates, click here.

Tailor your car insurance coverage to you

When buying the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might help in determining whether you may require specific advice.

  • Can I afford to pay high deductible claims out of pocket?
  • How do I buy GAP insurance?
  • Do I pay less for low miles?
  • Does insurance cover tools stolen from my truck?
  • Is business equipment covered while in my vehicle?
  • Do I need replacement cost coverage?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Specific coverages for a 2002 GMC Sierra 3500

Knowing the specifics of your policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your 2002 GMC Sierra 3500.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Liability – This coverage provides protection from damages or injuries you inflict on other people or property. This insurance protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as funeral expenses, emergency aid, structural damage, court costs and repair costs for stationary objects. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance kick in for expenses such as hospital visits, funeral costs, EMT expenses and dental work. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover both the driver and occupants in addition to getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Collision coverages – This coverage covers damage to your Sierra 3500 from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with a tree, driving through your garage door, hitting a parking meter and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive insurance – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hitting a deer, damage from a tornado or hurricane, hitting a bird and a broken windshield. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

More effort can pay off

Drivers switch companies for many reasons like policy cancellation, high rates after DUI convictions, extreme rates for teen drivers or lack of trust in their agent. Whatever your reason, finding the right insurance coverage provider can be pretty painless.

When buying insurance coverage, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced liability coverage limits only to regret that the savings was not a smart move. The aim is to buy enough coverage at the best possible price.

Cheaper 2002 GMC Sierra 3500 insurance is possible from both online companies as well as from independent agents, so you should compare both to have the best rate selection. Some companies may not offer internet price quotes and these small, regional companies sell through local independent agencies.

More tips and info about insurance coverage can be read at these sites: