2002 GMC Sierra 3500 Car Insurance Cost – 6 Discounts for Cheaper Prices

Want cheaper car insurance rates for your GMC Sierra 3500? If shopping for insurance quotes online is new to you, it’s easy to get bewildered because of the huge number of insurers competing for your business.

Choosing the best insurance company for you is easy if you know what you’re doing. Just about every vehicle owner who shops for insurance coverage stands a good chance to be able to find lower rates. But vehicle owners must learn how companies sell online and take advantage of how the system works.

Compare free auto insurance quotes

Performing a rate comparison can be a lot of work if you don’t understand the best way to get rate quotes. You can spend countless hours driving to insurance companies in your area, or you could use online quoting for quick rates.

Most car insurance companies belong to an insurance system where insurance shoppers complete one form, and each company can give them a price determined by their information. This saves time by eliminating quotation requests to each company. To find out what other companies charge click here to start a free quote.

One minor caviat to getting quotes like this is you can’t choose which carriers you want pricing from. So if you prefer to choose specific providers to compare prices, we have assembled a list of companies who write auto insurance in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just double check that you are using exactly the same quote information for each quote you get. If you use different deductibles it’s not possible to determine the lowest rate for your GMC Sierra 3500. Slightly different limits could throw off the whole comparison. And when comparing auto insurance rates, know that comparing more rates from different companies will enable you to find a lower rate.

Car insurance discounts help cut rates

Car insurance can be pricey, but you might be missing out on some discounts that can dramatically reduce your bill. A few discounts will automatically apply at the time you complete a quote, but a few must be asked about prior to receiving the credit.

• Discount for Swiching Early – Some companies reward drivers for switching to them before your current expiration date. It’s a savings of about 10%.
• Low Miles Discount – Fewer annual miles on your GMC could qualify for lower prices on the low mileage vehicles.
• E-sign – Many companies will give a small break for buying your policy on the internet.
• No Claim Discounts – Drivers with accident-free driving histories can save substantially when compared to insureds who have frequent claims or accidents.
• Accident Forgiveness Coverage – This isn’t a discount exactly, but a handful of insurance companies will forgive one accident before they charge you more for coverage so long as you are claim-free for a certain period of time.
• Anti-lock Brake System – Cars and trucks that have steering control and anti-lock brakes have fewer accidents so you can save 10 percent or more.

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like comp or med pay. Even though it appears all the discounts add up to a free policy, it just doesn’t work that way.

A list of car insurance companies and some of their more popular discounts can be found below.

• State Farm may have discounts that include multiple policy, driver’s education, Steer Clear safe driver discount, passive restraint, Drive Safe & Save, and accident-free.
• GEICO discounts include membership and employees, seat belt use, driver training, anti-theft, multi-vehicle, anti-lock brakes, and air bags.
• Progressive policyholders can earn discounts including online signing, homeowner, multi-policy, multi-vehicle, continuous coverage, online quote discount, and good student.
• 21st Century may include discounts for driver training, anti-lock brakes, theft prevention, early bird, student driver, 55 and older, and homeowners.
• American Family offers discounts including bundled insurance, good student, mySafetyValet, good driver, air bags, and defensive driver.
• The Hartford offers discounts for vehicle fuel type, good student, bundle, anti-theft, and driver training.
• AAA has discounts for AAA membership discount, multi-policy, anti-theft, education and occupation, multi-car, good driver, and pay-in-full.

It’s a good idea to ask every prospective company which credits you are entitled to. Discounts may not be offered in your area. To find car insurance companies that provide some of the discounts listed above, click this link.

Which is the best insurance?

When buying adequate coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different.

For instance, these questions may help highlight if you would benefit from professional advice.

• Is my vehicle covered by my employer’s policy when using it for work?
• Will my insurance pay for OEM parts?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Does my car insurance cover rental cars?
• How can I get high-risk coverage after a DUI?
• Is a blown tire covered by insurance?
• Is borrowed equipment or tools covered if stolen or damaged?
• Exactly who is provided coverage by my policy?
• How can I find cheaper teen driver insurance?
• Is business property covered if stolen from my car?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form.

Insurance coverage basics

Having a good grasp of your insurance policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverages – Collision coverage pays for damage to your Sierra 3500 resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with another moving vehicle, rolling your car and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Liability – This provides protection from damage that occurs to people or other property that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability insurance covers claims such as pain and suffering, bail bonds, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Medical expense coverage – Med pay and PIP coverage provide coverage for bills like surgery, EMT expenses and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Comprehensive protection – This covers 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 insurance covers things like a tree branch falling on your vehicle, rock chips in glass, damage from getting keyed and hitting a deer. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.