Compare 2002 GMC Sierra 3500 Car Insurance Rates

Tired of trying to scrape together enough money each month for car insurance? You are no different than the majority of other car owners.

Companies like State Farm, Farmers Insurance, Geico and Allstate persitently shower you with catchy ads and it can be hard to ignore the promise of big savings and take the time to shop coverage around.

You should make it a habit to do rate comparisons quite often since rates change quite often. Just because you found the best price for Sierra coverage a year ago there may be better deals available now. Ignore everything you know about insurance because you’re about to learn how to use the internet to lower your rates without sacrificing coverage.

If you currently have a car insurance policy, you stand a good chance to be able to save some money using this strategy. Buying car insurance is not rocket science. But drivers can benefit from knowing the way companies sell online because it can help you find the best coverage.

Cut prices on GMC Sierra 3500 insurance

Insuring your vehicles can cost a lot, but you can get discounts that you may not even be aware of. A few discounts will automatically apply when you get a quote, but less common discounts must be asked for prior to receiving the credit.

  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Defensive Driving Course – Taking a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if offered at their school.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you will save approximately 10% to 15%.
  • Discount for Life Insurance – Some companies give a break if you buy life insurance from them.
  • Clubs and Organizations – Belonging to a qualifying organization could qualify you for a break on insurance for Sierra coverage.
  • Homeowners Pay Less – Being a homeowner can help you save on insurance because of the fact that having a home shows financial diligence.

It’s important to understand that some of the credits will not apply to the entire policy premium. Most only apply to the cost of specific coverages such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, insurance companies aren’t that generous. But all discounts will help reduce your premiums.

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

The method we recommend to compare policy rates is to take advantage of the fact most of the bigger providers participate in a system to compare their rates. All you need to do is give them rating details like your job, how much coverage you want, the make and model of your vehicles, and types of safety features. The data is then sent to many of the top insurers and they return rate quotes instantly to find the best rate.

To start a rate quote now, click here and complete the form.

Complexity of GMC Sierra 3500 insurance rates

An important part of buying insurance is that you know the rating factors that play a part in calculating insurance rates. Knowing what impacts premium levels allows you to make educated decisions that can help you get better insurance rates.

Shown below are some of the items companies use to determine your rates.

  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores tend to have better insurance rates. These vehicles result in less severe injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If your GMC Sierra 3500 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • With age comes lower rates – Older insureds are more responsible, tend to cause fewer accidents and tend to be better behind the wheel. Teenage drivers are statistically proven to be more careless when behind the wheel therefore insurance rates are much higher.
  • You might want pay the small claims yourself – Auto insurance companies award cheaper rates to insureds who do not file claims often. If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
  • Pay less if you’re married – Getting married can get you a discount on your policy. It means you’re more responsible it has been statistically shown that drivers who are married are more cautious.
  • Your insurance rates can be influenced by your job – Jobs such as real estate brokers, executives and stock brokers have the highest rates because of job stress and long work days. On the other hand, professions such as scientists, students and the unemployed get better rates for Sierra coverage.
  • Bump up deductibles to save – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your GMC from damage. Some instances where coverage would apply are running into the backend of another car, damage from fire, or theft. Your deductibles are the amount of money you are required to spend if you file a covered claim. The more expense you are required to pay out-of-pocket, the less your insurance will be for Sierra coverage.
  • Pleasure use or commuting – The higher the mileage driven in a year’s time the more you will pay for insurance. Almost all companies apply a rate based upon how you use the vehicle. Autos not used for work or commuting receive lower rates compared to those used for work or business. Having the wrong rating on your Sierra 3500 may be wasting your money. Ask your agent if your insurance declarations sheet is rated on the correct usage for each vehicle, because improper ratings can cost you money.
  • Where you live is a factor – Being located in a rural area has it’s advantages when talking about insurance. Drivers in populated areas tend to have congested traffic and longer commutes to work. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims.

Tailor your coverage to you

When it comes to choosing coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions may help you determine if your situation will benefit from professional help.

  • Will my insurance pay for OEM parts?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Why does it cost so much to insure a teen driver?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is my GMC Sierra 3500 covered if I use it for business?
  • Do I need an umbrella policy?
  • Do I need replacement cost coverage?
  • Is my teen driver covered when they drive my company car?
  • How many claims can I have before being cancelled?
  • What is UM/UIM insurance?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Don’t believe everything you hear

Companies like Allstate and Progressive constantly bombard you with television and radio advertisements. All the ads make the same claim of big savings if you switch your policy. How do they all claim to save you money? This is how they do it.

All companies are able to cherry pick for the right customer that makes them money. An example of a preferred risk could be over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. A customer that hits that “sweet spot” is entitled to the best price and therefore will save when switching.

Potential insureds who don’t measure up to these standards will be charged higher rates which leads to business not being written. The ads state “customers who switch” not “everybody who quotes” save money. That’s why companies can truthfully make the claims of big savings.

That is why you should compare many company’s rates. It is impossible to predict which company will have the lowest GMC Sierra 3500 insurance rates.

What auto insurance coverages do you need?

Knowing the specifics of a auto insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from auto insurance companies.

Collision insurance

Collision coverage pays for damage to your Sierra 3500 resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as crashing into a building, crashing into a ditch, damaging your car on a curb and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive coverages

This coverage will pay to fix 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 things such as hitting a bird, hitting a deer, rock chips in glass and damage from a tornado or hurricane. The highest amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for medical payments

Med pay and PIP coverage pay for short-term medical expenses like chiropractic care, rehabilitation expenses and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage


Liability coverage provides protection from damage that occurs to a person or their property. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like repair costs for stationary objects, medical expenses, pain and suffering, medical services and legal defense fees. How much coverage you buy is your choice, but you should buy higher limits if possible.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2002 GMC Sierra 3500.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Normally these coverages do not exceed the liability coverage limits.

More effort can pay off

When you buy insurance online, it’s not a good idea to skimp on critical coverages to save a buck or two. In many instances, someone dropped physical damage coverage and discovered at claim time they didn’t have enough coverage. Your aim should be to purchase a proper amount of coverage at the best price while still protecting your assets.

We just covered many ways to compare 2002 GMC Sierra 3500 insurance prices online. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the biggest savings come from a small mutual company. Smaller companies often have lower prices on specific markets than their larger competitors like Progressive and Geico.

The cheapest insurance can be purchased on the web in addition to many insurance agents, and you need to price shop both to get a complete price analysis. Some insurance companies do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

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