2014 GMC Sierra 3500HD Car Insurance Cost – 5 Savings Tips

Trying to find low-cost insurance for a GMC Sierra 3500HD could be a painful process, but you can learn a few tricks to find lower rates.

There are more efficient ways to compare insurance coverage rates and you need to know the quickest way to compare rates for a new or used GMC and obtain the cheapest rates from both online companies and local agents.

It’s a great practice to take a look at other company’s rates periodically because prices go up and down regularly. Despite the fact that you may have had the lowest price for SierraHD insurance two years ago there is a good chance you can find better rates now. You can find a lot of misleading information regarding insurance coverage online but we’re going to give you some solid techniques on how to quit paying high insurance coverage rates.

Buying the lowest cost coverage is simple if you know the tricks. If you are insured now or are looking for a new policy, you can follow these tips to cut your premiums and still get good coverage. Vehicle owners just need to understand the most effective way to shop for auto insurance online.

The most recommended method to compare policy rates is to know the trick almost all companies actually pay money for the chance to provide you with a free rate quote. The only thing you need to do is spend a couple of minutes providing details including what your job is, if you have an active license, whether you are single or married, and if the car is leased. That information is submitted instantly to many of the top insurers and they provide comparison quotes very quickly.

Is there deception in advertising?

Drivers can’t ignore all the ads that promise big savings by companies like State Farm, Geico and Progressive. All the ads say the same thing of big savings after switching to them.

How do they all say the same thing? It’s all in the numbers.

Insurance companies have a certain “appetite” for the type of customer that earns them a profit. An example of a driver they prefer might be a mature driver, is a homeowner, and drives newer vehicles. A customer getting a price quote who meets those qualifications will get the preferred rates and most likely will save when switching.

Potential customers who do not match these standards will be charged higher prices and ends up with business not being written. The ads state “customers who switch” not “everybody who quotes” save money. This is how companies can truthfully state the savings.

That is why you need to get as many comparisons as possible. You cannot predict which company will have the lowest GMC Sierra 3500HD insurance rates.

Discounts on GMC Sierra 3500HD insurance

Insuring your vehicles can cost a lot, but you may find discounts that you may not know about. A few discounts will automatically apply at quote time, but some must be specially asked for prior to getting the savings. If you aren’t receiving every discount available, you are paying more than you should be.

  • Claim Free – Drivers who don’t have accidents can earn big discounts compared to accident-prone drivers.
  • Pay Upfront and Save – By paying your policy upfront rather than paying monthly you can actually save on your bill.
  • Own a Home – Owning a home may trigger a car insurance policy discount because of the fact that having a home shows financial diligence.
  • Bundle and Save – When you combine your home and auto insurance with the same company you may save 10% to 20% off each policy.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.

Keep in mind that many deductions do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, car insurance companies aren’t that generous. Any amount of discount will reduce your overall premium however.

To see a list of companies with discount car insurance rates, follow this link.

Tailor your coverage to you

When it comes to buying the best car insurance coverage for your vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

These are some specific questions may help you determine whether or not you would benefit from an agent’s advice.

  • Am I covered when driving someone else’s vehicle?
  • How much liability do I need to cover my assets?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Is a fancy paint job covered?
  • What if I total my 2014 GMC Sierra 3500HD and owe more than it’s worth?
  • What exactly is covered by my policy?
  • How do I file an SR-22 for a DUI in my state?
  • Should I carry comprehensive and collision coverage?
  • Can my teen driver be rated on a liability-only vehicle?
  • Am I covered if I hit a deer?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Specific coverages for a GMC Sierra 3500HD

Having a good grasp of a insurance policy can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive protection

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like fire damage, damage from a tornado or hurricane, hail damage, theft and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured or underinsured coverage

This coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your 2014 GMC Sierra 3500HD.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as hospital visits, rehabilitation expenses, doctor visits, ambulance fees and prosthetic devices. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers you and your occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Collision protection

Collision coverage will pay to fix damage to your Sierra 3500HD from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with a tree, damaging your car on a curb, crashing into a building and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Liability coverage

Liability coverage can cover damage or injury you incur to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like loss of income, medical services and bail bonds. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

More comparisons equals lower rates

Drivers who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, high prices, policy non-renewal or high rates after DUI convictions. It doesn’t matter why you want to switch switching companies is not as hard as you think.

We just showed you a lot of ways to lower your 2014 GMC Sierra 3500HD insurance rates. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the lowest priced car insurance comes from the smaller companies.

As you restructure your insurance plan, you should never buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped collision coverage only to discover later they didn’t have enough coverage. Your goal should be to get the best coverage possible at an affordable rate.

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