Unthinkable but true, nearly 70% of customers have purchased from the same company for more than four years, and just under half have never quoted car insurance rates at all. Many consumers in Alaska could save about 35% each year just by shopping around, but they don’t understand how simple it is to shop around.
If your goal is the lowest price, then the best way to save money on GMC Sierra 3500HD insurance in Anchorage is to start comparing prices yearly from insurance carriers that insure vehicles in Alaska. Price quotes can be compared by following these steps.
- Step 1: Read and learn about auto insurance and the measures you can control to prevent high rates. Many risk factors that cause rate increases like at-fault accidents, careless driving, and a not-so-good credit score can be controlled by paying attention to minor details.
- Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while independent agencies can provide price quotes from multiple companies.
- Step 3: Compare the new rates to your existing policy and see if there is a cheaper rate in Anchorage. If you can save some money, make sure coverage is continuous and does not lapse.
The critical component of shopping around is to try to compare similar deductibles and liability limits on each price quote and to quote with as many companies as you can. Doing this ensures an accurate price comparison and a thorough selection of prices.
If you’re already insured or just want to save money, you can use these techniques to get lower rates and possibly find even better coverage. Finding the cheapest insurance coverage in Anchorage can be easy if you know a few tricks. Smart shoppers only have to learn the quickest method to compare insurance rates on the web.
The companies shown below are ready to provide quotes in Anchorage, AK. If you wish to find cheap auto insurance in Anchorage, it’s highly recommended you visit several of them to get the lowest price.
GMC Sierra 3500HD insurance statistics and information
The price information shown below outlines a range of coverage costs for GMC Sierra 3500HD models. Being more informed about how policy rates are figured can be useful when making smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 3500HD SLE Regular Cab 2WD | $228 | $410 | $308 | $18 | $92 | $1,056 | $88 |
| Sierra 3500HD SLE Regular Cab 4WD | $228 | $470 | $384 | $22 | $116 | $1,220 | $102 |
| Sierra 3500HD SLE Crew Cab 2WD | $228 | $410 | $308 | $18 | $92 | $1,056 | $88 |
| Sierra 3500HD SLE Extended Cab 2WD | $228 | $410 | $308 | $18 | $92 | $1,056 | $88 |
| Sierra 3500HD SLE Extended Cab 4WD | $228 | $470 | $384 | $22 | $116 | $1,220 | $102 |
| Sierra 3500HD SLE Crew Cab 4WD | $228 | $470 | $384 | $22 | $116 | $1,220 | $102 |
| Sierra 3500HD SLT Extended Cab 2WD | $228 | $410 | $308 | $18 | $92 | $1,056 | $88 |
| Sierra 3500HD SLT Crew Cab 4WD | $228 | $470 | $384 | $22 | $116 | $1,220 | $102 |
| Sierra 3500HD SLT Extended Cab 4WD | $228 | $470 | $384 | $22 | $116 | $1,220 | $102 |
| Sierra 3500HD SLT Crew Cab 2WD | $250 | $470 | $308 | $18 | $92 | $1,138 | $95 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Premium amounts do not factor in garaging location in Anchorage which can revise coverage rates noticeably.
The information below highlights how deductible selection and can affect GMC Sierra 3500HD insurance rates for each different age category. The costs are based on a single male driver, comp and collision included, and no discounts are applied to the premium.
Impact of citations and accidents on Anchorage insurance rates
The information below highlights how speeding tickets and at-fault collisions impact GMC Sierra 3500HD premium costs for different insured age categories. The premiums are based on a married male driver, comp and collision included, $100 deductibles, and no discounts are applied.
Difference between full coverage and liability only rates
The diagram below visualizes the comparison of GMC Sierra 3500HD insurance prices when comparing full coverage to state minimum liability only. The data assumes no tickets, no at-fault accidents, $250 deductibles, single marital status, and no policy discounts are applied.
When to eliminate full coverage
There is no definitive formula for phasing out full coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s say your GMC Sierra 3500HD replacement cost is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after the deductible is paid. If it’s costing you more than $200 annually to have full coverage, then you might consider buying liability only.
There are a few cases where eliminating full coverage is not advised. If you haven’t satisfied your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.
Auto insurance agents can give valuable advice
A small number of people just want to have an agent’s advice and that is a smart decision Most agents can help you build your policy and help file insurance claims. One of the best bonuses of getting free rate quotes online is you may find cheap auto insurance rates and still have an agent to talk to.
After completing this quick form, the coverage information is submitted to participating agents in Anchorage that can provide free Anchorage auto insurance quotes and help you find cheaper coverage. There is no need to search for an agent because prices are sent to you instantly. In the event you want to get a comparison quote for a specific company, feel free to find their quoting web page and fill out the quote form the provide.
Choosing the best insurance company should include more criteria than just the bottom line cost. The questions below may impact your decision as well.
- What company holds the largest book of business for them?
- Do the companies they represent have a solid financial rating?
- How long have they been in business?
- Is insurance their full-time profession?
- Does the agency have a positive business rating?
If you would like to find a local insurance agency, there are two different types of agencies that you can select. Auto insurance agents in Anchorage are considered either independent or exclusive. Both sell and service auto insurance coverage, but it’s worth learning the difference in the companies they write for since it may influence which agent you choose.
Exclusive Agents
Agents that elect to be exclusive can usually just insure with one company and some examples include Allstate, State Farm and Farm Bureau. They are unable to shop your coverage around so they have to upsell other benefits. Exclusive agents are trained well in insurance sales which helps them sell on service rather than price.
Listed below is a list of exclusive agents in Anchorage who can help you get comparison quotes.
Tim Graham – State Farm Insurance Agent
1417 W Northern Lights Blvd A – Anchorage, AK 99503 – (907) 561-4000 – View Map
State Farm: Todd Jackson
1330 Huffman Rd Suite E – Anchorage, AK 99515 – (907) 345-0214 – View Map
Allstate Insurance: William R. McVitty
550 E Tudor Rd Ste 201 – Anchorage, AK 99503 – (907) 563-9690 – View Map
Independent Insurance Agents
These type of agents are not employed by one company so they can insure your vehicles with an assortment of companies and help determine which has the cheapest rates. If you want to switch companies, the agent simply finds a different carrier which requires no work on your part.
If you are trying to find cheaper rates, we recommend you get rate quotes from at a minimum one independent agency to get the best comparison.
The following are Anchorage independent agencies that are able to give price quotes.
Alaska National Insurance Co
7001 Jewel Lake Rd – Anchorage, AK 99502 – (907) 248-2642 – View Map
Dewar Insurance Agency
205 E Benson Blvd – Anchorage, AK 99503 – (907) 258-8888 – View Map
Randall Moss Insurance
2960 C St #200 – Anchorage, AK 99503 – (907) 562-6224 – View Map