Save on 1998 GMC Sierra 3500 Insurance Rates

Looking for the cheapest car insurance rates for your GMC Sierra 3500? Have you had enough of not being able to afford to buy car insurance? Your situation is no different than the majority of other car owners.

Companies like State Farm and Geico constantly bombard you with ads and it is challenging if not impossible to ignore the propoganda and effectively compare rates to find the best deal.

How to Compare Insurance Quotes

There are several ways of comparing rates from local insurance companies. The easiest way to find the cheapest 1998 GMC Sierra 3500 insurance rates involves getting comparison quotes online. This can be done in a couple of different ways.

  1. The first (and easiest) way to get quotes is to use a rate comparison form like this one (opens in new window). This form saves time by eliminating separate quote forms for each company. In just a few minutes this one form will return price quotes from all major companies.
  2. A harder way to shop for insurance online is to manually visit the website for each individual company to complete a price quote. For example, we’ll pretend you want rates from State Farm, Farmers and Geico. You would have to visit each site and enter your information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.

However you get your quotes, be sure to compare identical coverages and limits with every price quote. If you enter different liability limits you will not be able to decipher which rate is best. Slightly different insurance coverages can make a big difference in price. Keep in mind that quoting more provides better odds of finding the best price.

Discounts on GMC Sierra 3500 insurance

Insurance can be prohibitively expensive, but you may find discounts that can drop the cost substantially. Certain discounts will be applied when you purchase, but some must be asked for before they will apply.

  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Organization Discounts – Participating in a professional or civic organization may earn a discount on your policy for Sierra insurance.
  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for reduced rates for Sierra insurance.
  • Bundle and Save – If you have multiple policies with one company you will save approximately 10% to 15%.
  • Drivers Education – Require your teen driver to complete a driver education course in high school.
  • No Claims – Claim-free drivers can save substantially compared to accident-prone drivers.
  • Drive Less and Save – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.

It’s important to note that most of the big mark downs will not be given to the entire cost. Most only apply to the cost of specific coverages such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, you’re out of luck. But any discount will help reduce the amount you have to pay.

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

Pieces of the GMC Sierra 3500 insurance rate puzzle

An important part of buying insurance is that you know the factors that play a part in calculating the rates you pay for insurance. Knowing what determines base rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Keep rates low by being claim-free – If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Auto insurance companies generally give lower rates to drivers who are claim-free. Car insurance is intended for the large, substantial claims.
  • Lower rates come with age – Teen drivers are known to be more careless when driving so insurance rates are higher. If you’ve ever had to add a teen driver to your policy can be quite pricey. More mature drivers are viewed as being more responsible, file fewer claims and tend to be better behind the wheel.
  • How many coverages with the same company – Some insurance companies will give a discount to people who carry more than one policy in the form of a multi-policy discount. Even with this discount, it’s in your best interest to shop around to verify if the discount is saving money.
  • Where you live – Living in a small town can be a good thing when insuring your vehicles. Urban drivers tend to have much more traffic and longer commute times. Less people living in that area means a lower chance of having an accident.
  • Tickets mean higher rates – A bad driving record has a huge affect on how much you pay. Drivers with clean records get better rates than bad drivers. Even a single moving violation may increase your cost forty percent or more. If you have serious violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
  • Drive less and save money – The more miles you rack up on your GMC every year the higher your rates will be. Most companies rate vehicles determined by how the vehicle is used. Cars and trucks not used for work or commuting get more affordable rates than vehicles that are driven to work every day. An improperly rated Sierra 3500 can cost quite a bit. Ask your agent if your insurance policy properly reflects how each vehicle is driven.
  • Men pay higher rates – Statistics have proven that women are safer drivers than men. However, don’t assume that men are WORSE drivers than women. Women and men have accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also receive more costly citations like DUI and reckless driving.
  • Bump up deductibles to save – Deductibles for physical damage represent how much money you are willing to pay out-of-pocket before your insurance pays a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some instances where coverage would apply would be colliding with a building, damage from fire, or theft. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance for Sierra insurance.

Tailor your coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s needs are different so your insurance needs to address that. For example, these questions might point out if your situation will benefit from professional help.

  • Are there companies who specialize in insuring high-risk drivers?
  • Should I get collision insurance on every vehicle?
  • What is high-risk coverage and where do I buy it?
  • Am I covered if I break a side mirror?
  • Is my 1998 GMC Sierra 3500 covered for flood damage?
  • What is the minimum liability in my state?
  • Should I sign the liability waiver when renting a car?
  • Why am I required to buy liability insurance?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Save 15 percent in 15 minutes? Is it for real?

Progressive, Geico, Allstate and State Farm continually stream ads on television and other media. All the companies make an identical promise that you’ll save big after switching your policy. How does each company say the same thing? It’s all in the numbers.

All companies have a certain “appetite” for the right customer they prefer to insure. For example, a driver they prefer could possibly be between 25 and 40, has no prior claims, and drives less than 7,500 miles a year. A driver who matches those parameters will qualify for the lowest rates and most likely will save when switching.

Potential customers who fall outside these standards will be quoted more money and this can result in the customer not buying. The ads state “customers that switch” not “people who quote” save that kind of money. This is how insurance companies can confidently state the savings.

This emphasizes why you need to compare many company’s rates. Because you never know the company that will give you the biggest savings on GMC Sierra 3500 insurance.

Car insurance coverages and their meanings

Understanding the coverages of a car insurance policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are the normal coverages found on the average car insurance policy.

Auto collision coverage

This will pay to fix damage to your Sierra 3500 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like rolling your car, colliding with a tree, crashing into a building and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Auto liability

Liability coverage provides protection from injuries or damage you cause to a person or their property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as court costs, pain and suffering and structural damage. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive coverages

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like theft, vandalism and hitting a deer. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your GMC Sierra 3500.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Coverage for medical payments

Med pay and PIP coverage provide coverage for immediate expenses like X-ray expenses, rehabilitation expenses, EMT expenses, funeral costs and hospital visits. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

More choices the merrier

Throughout this article, we presented a lot of ways to compare 1998 GMC Sierra 3500 insurance prices online. The most important thing to understand is the more you quote, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest priced auto insurance comes from a lesser-known regional company. These smaller insurers may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or Geico.

Lower-priced insurance is attainable from both online companies in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some auto insurance companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.

As you prepare to switch companies, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced liability coverage limits to discover at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase plenty of coverage for the lowest price, not the least amount of coverage.

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