Cheapest Rates for GMC Sierra 3500HD Insurance in Tulsa

Amazingly, a recent NerdWallet.com study showed that nearly 70% of consumers have bought auto insurance from the same company for over three years, and approximately 40% of consumers have never even shopped around for lower-cost coverage. Most drivers in Oklahoma could save about 35% each year by just comparing quotes, but they underestimate how much savings they would realize if they switched to a cheaper policy.

The best way we recommend to get low-cost GMC Sierra 3500HD insurance in Tulsa is to start doing a yearly price comparison from insurance carriers who provide auto insurance in Oklahoma. Rate comparisons can be done by following these steps.

First, take a few minutes and learn about how companies set rates and the measures you can take to keep rates in check. Many rating factors that result in higher prices such as tickets, at-fault accidents, and an unfavorable credit rating can be improved by being financially responsible and driving safely. Keep reading for more information to get cheaper rates and get additional discounts.

Second, compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from a single company like GEICO and State Farm, while independent agents can quote rates for many different companies.

Third, compare the new rate quotes to the price on your current policy and determine if there is any savings. If you can save some money and buy the policy, make sure there is no lapse in coverage.

The critical component of shopping around is to compare identical limits and deductibles on each price quote and and to get prices from as many different companies as possible. This ensures the most accurate price comparison and the best price selection.

Obtaining price quotes for the most affordable car insurance coverage in Tulsa is not as hard as you think. If you have coverage now or are shopping for new coverage, you will benefit by learning to get lower rates while maximizing coverage. Shoppers just have to know the quickest way to find the lowest price online.

Most larger insurance companies make it easy to get pricing on the web. Getting quotes for GMC Sierra 3500HD insurance in Tulsa doesn’t take a lot of time as you simply enter the coverage amounts you desire into the quote form. When complete, the company’s rating system will obtain your driving and credit reports and generates pricing information. This simplifies rate comparisons, and it’s absolutely necessary to compare as many rates as possible in order to find cheaper prices.

To compare pricing, compare quotes from the companies shown below. If you have your current policy handy, we recommend you input deductibles and limits just like they are on your policy. This helps ensure you’re receiving a fair comparison using the exact same coverages.

The providers in the list below are ready to provide free rate quotes in Oklahoma. If multiple companies are listed, we suggest you get rates from several of them to get the most competitive price.

Don’t overlook these GMC Sierra 3500HD insurance discounts

Car insurance is easily one of your largest bills, but discounts can save money and there are some available that can help lower your rates. Some discounts will apply when you get a quote, but a few must be inquired about before being credited.

• Theft Deterrent – Cars, trucks, and SUVs that have factory anti-theft systems are stolen less frequently and will qualify for a discount on a Tulsa auto insurance quote.
• Use Seat Belts – Forcing all vehicle occupants to fasten their seat belts can save 10% or more off the medical payments premium.
• Paper-free Discount – A handful of car insurance companies may give you up to $50 just for signing your application online.
• Early Payment Discounts – If you pay your bill all at once rather than paying monthly you can avoid the installment charge.
• Discount for Good Grades – Being a good student can be rewarded with saving of up to 25%. You can use this discount normally until age 25.
• Air Bags and Passive Restraints – Factory options such as air bags or motorized seat belts may earn rate discounts up to 30%.
• Active Service Discounts – Being deployed in the military could qualify you for better car insurance rates.

Discounts save money, but please remember that some of the credits will not apply to the entire cost. Some only reduce the price of certain insurance coverages like comprehensive or collision. So even though you would think you can get free auto insurance, it’s just not the way it works.

The diagram below illustrates the difference between GMC Sierra 3500HD auto insurance rates with and without discounts being applied to the rates. Data assumes a female driver, no tickets, no at-fault accidents, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-policy, multi-car, and claim-free discounts applied.

Auto insurance companies that have most of the discounts above possibly include:

• Progressive
• SAFECO
• American Family
• MetLife
• GEICO
• The Hartford

Before purchasing a policy, check with each company to apply every possible discount. Some discounts might not be available to policyholders in your area. For a list of providers that offer multiple discounts in Oklahoma, click this link.

Car insurance statistics for a GMC Sierra 3500HD

The coverage information shown below showcases estimates of coverage prices for GMC Sierra 3500HD models. Understanding how rate quotes are calculated helps drivers make decisions on the best policy to buy.

Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate information does not factor in specific Tulsa garaging location which can revise premiums noticeably.

Deductible comparison

One of the most common car insurance questions is how high should the physical damage coverage deductibles be. The tables below may help to illustrate the price difference when you buy lower versus higher insurance deductibles. The first rate comparisons uses a $250 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Table data does not factor in garaging location in Tulsa which can change coverage prices noticeably.

Based on these figures, using a $250 deductible will cost you approximately $39 more each month or $468 annually than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 19 months between claims, you would probably be better off if you opt for a higher deductible.

Cost of full coverage in Tulsa

The illustration below illustrates the difference between GMC Sierra 3500HD insurance rates with and without physical damage coverage. The data is based on no claims or driving violations, $500 deductibles, drivers are single, and no discounts are applied.

Are you wasting money paying for full coverage?

There is no exact rule for phasing out physical damage coverage, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to buy liability only.

For example, let’s assume your GMC Sierra 3500HD book value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $6,000 after paying your policy deductible. If it’s costing in excess of $600 a year for your policy with full coverage, then you might consider buying liability only.

There are some circumstances where buying only liability insurance is not financially feasible. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not opt for liability only.

Car insurance quotes from local Tulsa insurance agencies

Many drivers just want to talk to an insurance agent and often times that is recommended Good insurance agents can help you build your policy and help file insurance claims. One of the benefits of price shopping on the web is the fact that drivers can get cheap car insurance quotes and also buy local. Supporting small agencies is important especially in Tulsa.

By using this simple form, your coverage information is sent to local insurance agents who want to provide quotes for your coverage. You won’t need to contact any agents as quotes are delivered to your email. If you have a need to compare rates from one company in particular, just visit that company’s website and give them your coverage information.

When finding a local agent, you must know there are a couple different agency structures and how they can write your policy. Car insurance agents are categorized either independent agents or exclusive agents depending on their employer. Either one can sell and service car insurance coverage, but it is a good idea to know the difference between them because it can factor into the selection process.

Independent Car Insurance Agencies or Brokers

These type of agents are not required to write business for one company so as a result can place your coverage with many different companies and possibly get better coverage at lower prices. If premiums increase, they simply move your policy to a different company and you stay with the same agent.

When searching for an agent, you should always include rate quotes from at a minimum one independent agency to ensure the widest selection of prices.

The following are Tulsa independent agents that may be able to give you free rate quotes.

More insurance agents

Exclusive Car Insurance Agents

Agents of this type normally can only provide a single company’s rates like Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agencies are unable to give you multiple price quotes so they are skilled at selling on more than just price. These agents are highly trained on their company’s products and that can be a competitive advantage.

The following is a list of exclusive insurance agencies in Tulsa who can help you get comparison quotes.

More insurance agents

Selecting an car insurance agent shouldn’t rely on just the premium amount. Any agent in Tulsa should be willing to answer these questions.

• Which companies do they recommend if they are an independent agency?
• Are they in the agency full-time?
• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Do they have a Better Business Bureau rating in Tulsa?
• Is coverage determined by price?
• Does the agency have a current Errors and Omissions policy?
• Do the agents have professional certifications like CPCU or CIC?
• Is vehicle damage repaired with OEM or aftermarket parts?

After talking to the agent and getting satisfactory answers to any questions you have and a good coverage price, most likely you have located an insurance agency that can be trusted to insure your vehicles. It’s important to know that it’s your coverage and you can cancel coverage at any point so don’t feel you’re contractually obligated to a specific agent for a certain time period.

Get GMC Sierra 3500HD Insurance Cheaper

Part of the insurance buying process is learning some of the factors that help determine the level of your policy premiums. When you know what positively or negatively determines premiums, this empowers consumers to make smart changes that can help you get much lower annual insurance costs. Multiple criteria are used when premium rates are determined. Some are obvious like an MVR report, although others are less apparent such as your marital status or how financially stable you are.

Shown below are some of the most common factors that factor into your rates.

Get married and pay less – Walking down the aisle helps lower the price on your insurance policy. It usually means you are less irresponsible and insurance companies reward insureds because being married results in fewer claims.

Which gender costs less? – Statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that females are better drivers. Both genders have accidents at about the same rate, but men tend to have more serious accidents. In addition to higher claims, males also get ticketed for serious violations such as reckless driving. Teenage male drivers have the highest risk to insure so it costs more to insure them.

The information below shows the difference between GMC Sierra 3500HD annual premium costs for male and female drivers. Data assumes a clean driving record, no at-fault accidents, full coverage, $500 deductibles, drivers are single, and no discounts are factored in.

No insurance policy gaps is important – Having an insurance coverage lapse will be a guaranteed way to trigger a rate increase. And not only will insurance be more expensive, being ticketed for driving with no insurance could earn you a fine, jail time, or a revoked license. You may need to provide proof of insurance in the form of an SR-22 filing with the Oklahoma motor vehicle department.

GPS tracking and theft deterrents reduce premiums – Selecting a car model with a theft deterrent system can help lower your premiums. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder car theft.

Protect yourself with liability coverage – A critical coverage on your policy, liability insurance is the protection if ever a court rules you are at fault for causing damage or personal injury in an accident. This coverage provides for a legal defense starting from day one. Liability insurance is pretty cheap compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.

Cautious drivers pay the best costs – Being a careful driver has a big impact on rates. Only having one citation could increase your next policy renewal forty percent or more. Drivers who don’t get tickets receive lower rates compared to drivers with tickets. Drivers unfortunate enough to have license-revoking tickets like reckless driving or DUI are required to prove financial responsibility with their state DMV in order to continue driving.

The example below illustrates how speeding tickets and fender-benders influence GMC Sierra 3500HD insurance costs for different ages of insureds. The data is based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.

Multiple policies with one company can save – The majority of companies allow lower prices to policyholders who buy several policies from them. It’s known as a multi-policy discount. If you currently are using one company, consumers should still compare GMC Sierra 3500HD rates in Tulsa to help guarantee you have the best rates.

Credit rating impacts prices – Having a bad credit rating factor in calculating your insurance rates. If your credit rating leaves room for improvement, you could be paying less to insure your GMC Sierra 3500HD by taking the time to improve your credit score. Insureds with excellent credit scores tend to be better drivers and file fewer claims than drivers with lower credit scores.

Why insurance is not optional

Despite the potentially high cost of GMC Sierra 3500HD insurance, paying for insurance serves an important purpose.

• Just about all states have minimum liability requirements which means state laws require a minimum amount of liability protection in order to license the vehicle. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you have a loan on your GMC, it’s guaranteed your bank will have a requirement that you have full coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank may insure your GMC for a lot more money and make you pay for it.
• Insurance protects both your GMC and your personal assets. Insurance will also pay for medical bills for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also pays expenses related to your legal defense in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of buying insurance definitely exceed the price paid, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $850 per year so compare quotes from several companies at every renewal to make sure the price is not too high.

Don’t give up on cheaper rates

As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. In many cases, an accident victim reduced full coverage only to regret that it was a big error on their part. The proper strategy is to buy enough coverage for the lowest price, but do not skimp to save money.

More affordable insurance in Tulsa is available from both online companies as well as from independent agents in Tulsa, and you need to price shop both to get a complete price analysis. Some companies do not provide internet price quotes and many times these smaller companies only sell coverage through independent agencies.

Additional detailed information is located in these articles:

• Teen Driver Statistics (Insurance Information Institute)
• What Insurance is Cheapest for Drivers Over Age 70 in Tulsa? (FAQ)
• Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
• Vehicle Safety Ratings (iihs.org)
• Property Damage Coverage (Liberty Mutual)
• Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)