The best way we recommend to save money on car insurance rates is to regularly compare price quotes from companies that sell auto insurance in Fort Wayne.
- Try to understand the coverage provided by your policy and the steps you can take to drop your rates. Many policy risk factors that are responsible for high rates such as traffic citations and a low credit score can be remedied by making minor changes to your lifestyle.
- Compare prices from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like GEICO and State Farm, while agents who are independent can provide rate quotes from many different companies. View insurance agents
- Compare the new rate quotes to your existing policy to determine if you can save on Sierra 2500HD insurance in Fort Wayne. If you can save money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
A good tip to remember is that you use identical coverage information on every price quote and and to get prices from as many companies as possible. Doing this helps ensure a fair price comparison and the most accurate and complete price analysis.
Surprisingly, a recent survey revealed that most drivers kept buying from the same company for well over three years, and almost 40% of drivers have never compared quotes from other companies. The average driver in Indiana can save hundreds of dollars each year just by getting comparison quotes, but they don’t believe the big savings they would realize if they switched to a more affordable policy.
Getting a cheaper price on insurance is a great way to save money. You just need to spend a few minutes to compare rates from online providers.
Comparing rate quotes online is fast and free, and it takes the place of having to physically go to each insurance agency near you. Comparing GMC Sierra 2500HD insurance rate quotes online makes this unnecessary unless you have a need for the extra assistance of an agent trained in personal lines coverage. Although you can get the lowest quotes online and have a local agent actually service the policy.
The companies shown below offer price quotes in Indiana. If multiple companies are listed, we recommend you compare several of them in order to get a fair rate comparison.
Affordable rates on GMC Sierra 2500HD insurance in Fort Wayne with these discounts
Car insurance companies don’t list all possible discounts in an easy-to-find place, so the list below gives a summary of some of the more common and also the more inconspicuous credits that you can use to lower your rates.
- Student in College – Any of your kids who are attending college and do not take a car to college could qualify for this discount.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can avoid accidents and will save you 10% or more on Sierra 2500HD insurance in Fort Wayne.
- Passive Restraints – Cars that have air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
- Smart Student Discounts – Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
- Government Employees – Active or retired federal employment can earn a discount up to 10% with certain companies.
- Military Rewards – Being deployed in the military may qualify for rate reductions.
- Include Life Insurance and Save – If the company offers life insurance, you could get a lower price if you buy some life insurance too.
One thing to note about discounts is that most of the big mark downs will not be given to the entire cost. The majority will only reduce individual premiums such as comprehensive or collision. Just because you may think you could get a free auto insurance policy, it’s just not the way it works.
The diagram below compares GMC Sierra 2500HD annual premium costs with and without policy discounts. The prices are based on a male driver, no driving violations, no at-fault accidents, Indiana state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, claim-free, safe-driver, and homeowner discounts applied.
For a list of companies that offer some of these discounts in Indiana, click this link.
GMC Sierra 2500HD coverage statistics
The coverage table shown below covers estimates of insurance rates for GMC Sierra 2500HD models. Understanding how insurance policy rates are determined can aid in making smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 2500HD SLE Regular Cab 4WD | $118 | $230 | $270 | $16 | $80 | $714 | $60 |
| Sierra 2500HD SLE Regular Cab 2WD | $118 | $230 | $304 | $18 | $92 | $762 | $64 |
| Sierra 2500HD SLE Crew Cab 4WD | $118 | $230 | $270 | $16 | $80 | $714 | $60 |
| Sierra 2500HD SLE Extended Cab 4WD | $118 | $230 | $270 | $16 | $80 | $714 | $60 |
| Sierra 2500HD SLE Crew Cab 2WD | $118 | $266 | $304 | $18 | $92 | $798 | $67 |
| Sierra 2500HD SLE Extended Cab 2WD | $118 | $266 | $304 | $18 | $92 | $798 | $67 |
| Sierra 2500HD SLT Crew Cab 4WD | $118 | $266 | $270 | $16 | $80 | $750 | $63 |
| Sierra 2500HD SLT Extended Cab 4WD | $118 | $266 | $270 | $16 | $80 | $750 | $63 |
| Sierra 2500HD SLT Extended Cab 2WD | $118 | $266 | $304 | $18 | $92 | $798 | $67 |
| Sierra 2500HD SLT Crew Cab 2WD | $132 | $266 | $304 | $18 | $92 | $812 | $68 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Estimates do not factor in Fort Wayne location which can alter rates considerably.
Can higher deductibles save money?
A question often asked by Fort Wayne drivers is how high should the deductibles for physical damage be. The following tables highlight the rate differences when you buy lower versus higher insurance deductibles. The first rate comparisons uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 2500HD SLE Regular Cab 4WD | $244 | $430 | $280 | $16 | $84 | $1,079 | $90 |
| Sierra 2500HD SLE Regular Cab 2WD | $244 | $430 | $318 | $18 | $94 | $1,129 | $94 |
| Sierra 2500HD SLE Crew Cab 4WD | $244 | $430 | $280 | $16 | $84 | $1,079 | $90 |
| Sierra 2500HD SLE Extended Cab 4WD | $244 | $430 | $280 | $16 | $84 | $1,079 | $90 |
| Sierra 2500HD SLE Crew Cab 2WD | $244 | $496 | $318 | $18 | $94 | $1,195 | $100 |
| Sierra 2500HD SLE Extended Cab 2WD | $244 | $496 | $318 | $18 | $94 | $1,195 | $100 |
| Sierra 2500HD SLT Crew Cab 4WD | $244 | $496 | $280 | $16 | $84 | $1,145 | $95 |
| Sierra 2500HD SLT Extended Cab 4WD | $244 | $496 | $280 | $16 | $84 | $1,145 | $95 |
| Sierra 2500HD SLT Extended Cab 2WD | $244 | $496 | $318 | $18 | $94 | $1,195 | $100 |
| Sierra 2500HD SLT Crew Cab 2WD | $272 | $496 | $318 | $18 | $94 | $1,223 | $102 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 2500HD SLE Regular Cab 4WD | $200 | $348 | $280 | $16 | $84 | $928 | $77 |
| Sierra 2500HD SLE Regular Cab 2WD | $200 | $348 | $318 | $18 | $94 | $978 | $82 |
| Sierra 2500HD SLE Crew Cab 4WD | $200 | $348 | $280 | $16 | $84 | $928 | $77 |
| Sierra 2500HD SLE Extended Cab 4WD | $200 | $348 | $280 | $16 | $84 | $928 | $77 |
| Sierra 2500HD SLE Crew Cab 2WD | $200 | $400 | $318 | $18 | $94 | $1,030 | $86 |
| Sierra 2500HD SLE Extended Cab 2WD | $200 | $400 | $318 | $18 | $94 | $1,030 | $86 |
| Sierra 2500HD SLT Crew Cab 4WD | $200 | $400 | $280 | $16 | $84 | $980 | $82 |
| Sierra 2500HD SLT Extended Cab 4WD | $200 | $400 | $280 | $16 | $84 | $980 | $82 |
| Sierra 2500HD SLT Extended Cab 2WD | $200 | $400 | $318 | $18 | $94 | $1,030 | $86 |
| Sierra 2500HD SLT Crew Cab 2WD | $222 | $400 | $318 | $18 | $94 | $1,052 | $88 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rate information does not factor in vehicle garaging location which can influence auto insurance rates considerably.
Based on this data, we can arrive at the conclusion that using a $250 deductible would cost the average driver about $14 more each month or $168 annually than buying the higher $500 deductible. Because you would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 18 months between claim filings, you would save more money going with the higher deductible.
How accidents and tickets impact rates in Fort Wayne
The information below demonstrates how traffic citations and at-fault claims can impact GMC Sierra 2500HD premium costs for different categories of driver ages. The rates are based on a single female driver, full coverage, $100 deductibles, and no discounts are applied.
Full coverage rates compared to liability-only
The example below shows the difference between GMC Sierra 2500HD annual premium costs with full coverage and liability only. The premium estimates are based on no accidents or driving violations, $250 deductibles, single marital status, and no additional discounts are factored in.
When to drop comprehensive and collision
There is no clear-cut rule to stop buying physical damage coverage on your policy, but there is a broad guideline. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your GMC Sierra 2500HD settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $7,000 after you pay the deductible. If it’s costing you more than $700 annually to have full coverage, then you may want to consider only buying liability coverage.
There are some conditions where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.
Buying from car insurance agents
Some consumers just prefer to sit down with an agent and doing so can bring peace of mind Agents can make sure you are properly covered and will help you if you have claims. The biggest benefit of comparing auto insurance online is the fact that you can find better rates but also keep your business local. And providing support for local agencies is still important in Fort Wayne.
For easy comparison, once you complete this short form, your insurance data gets sent to agents in your area who will give competitive quotes for your business. There is no need to contact an agency as quotes are delivered to your email. If you need to get a price quote from a specific insurance company, you would need to jump over to their website and submit a quote form there.
Compare rates from both independent and exclusive auto insurance agents
If you want to use a good insurance agency, it can be helpful to understand the types of agencies and how they are distinctly different. Auto insurance agencies can either be exclusive or independent (non-exclusive). Both write policy coverage, but it is important to understand the difference in how they write coverage since it can impact which type of agent you select.
Independent Auto Insurance Agencies or Brokers
Agents in the independent channel are not employed by any specific company so they can write business amongst many companies and get you the best rates possible. If they find a lower price, they simply move the coverage in-house and you stay with the same agent.
When comparing rate quotes, we highly recommend that you get quotes from at a minimum one independent agency for the best price selection.
The following are independent agencies in Fort Wayne that can possibly get you price quotes.
Sourceone Group
6628 Constitution Dr – Fort Wayne, IN 46804 – (260) 436-3544 – View Map
G A MacDonald Associates
2200 Lake Ave #120 – Fort Wayne, IN 46805 – (260) 422-5377 – View Map
Hupe Insurance Services
7011 Stellhorn Rd – Fort Wayne, IN 46815 – (800) 701-5909 – View Map
Exclusive Auto Insurance Agencies
These type of agents can only quote rates from one company such as Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agents cannot provide rate quotes from other companies so they have no alternatives for high prices. Exclusive agents receive extensive training on what they offer which can be an advantage.
Listed below are exclusive insurance agents in Fort Wayne willing to provide comparison quotes.
Allstate Insurance: Rolly Bhargava
4660 W Jefferson Blvd Ste 100 – Fort Wayne, IN 46804 – (260) 459-7673 – View Map
John Hayes – State Farm Insurance Agent
6407 Stellhorn Rd – Fort Wayne, IN 46815 – (260) 486-4711 – View Map
Larry Ice II – State Farm Insurance Agent
6221 Maplecrest Rd – Fort Wayne, IN 46835 – (260) 484-8572 – View Map
Finding a good insurance agency requires more thought than just a low price. These are valid questions to ask:
- What are their preferred companies if they are an independent agency?
- Do they have cheaper tiers of coverage?
- Is insurance their full-time profession?
- What kind of financial rating does the company have?
- Does the agent recommend any additional coverage?
- Will the agent help in case of a claim?
Learn How to Lower Your Insurance Rates
Consumers need to have an understanding of the different types of things that play a part in calculating your premiums. If you have some idea of what controls the rates you pay, this allows you to make good choices that may reward you with better insurance rates.
The items below are some of the factors used by companies to determine your premiums.
- What are good liability protection limits? – The liability section of your policy will provide protection in the event that you are found to be at fault for personal injury or accident damage. This coverage provides legal defense to defend your case. This coverage is very inexpensive compared to other policy coverages, so drivers should carry high limits.
- Bundle policies to earn discounts – Many insurers give a discount to policyholders who carry more than one policy in the form of a multi-policy discount. This can amount to ten percent or more. Even with this discount, you still need to compare other Fort Wayne Sierra 2500HD insurance rates to ensure the best deal.
- Don’t cancel your coverage without a new one in place – Driving any period of time without insurance is illegal and you will pay a penalty because you let your coverage have a gap. Not only will you pay more, getting caught without coverage will get you a fine, jail time, or a revoked license. You may have to file a SR-22 with the Indiana department of motor vehicles.
- Having a spouse is a good thing – Your spouse may cut your premiums on insurance. Having a significant other translates into being less irresponsible and it’s statistically proven that drivers who are married are more cautious.
-
Older drivers are lower risk – Inexperience drivers are statistically shown to get distracted easily when driving with friends so insurance rates are higher. Having to add a young driver to your insurance policy can be very expensive. Mature drivers tend to be more responsible, file fewer claims, and receive fewer citations.
The following data is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.
Why you need to buy insurance
Despite the potentially high cost of GMC Sierra 2500HD insurance, insurance serves a purpose in several ways.
First, most states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability coverage in order to drive the car. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your Sierra 2500HD has a lienholder, most banks will force you to buy insurance to protect their interest in the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your GMC at a more expensive rate and require you to reimburse them for the expensive policy.
Third, insurance safeguards your GMC and your assets. It will also reimburse you for medical bills for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of an accident. If your GMC gets damaged, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying insurance definitely exceed the cost, especially if you ever need it. As of last year, the average driver in Indiana is overpaying more than $850 per year so we recommend shopping around at every renewal to save money.
You can find cheap coverage
When searching for affordable Fort Wayne car insurance quotes, you should never reduce needed coverages to save money. Too many times, an accident victim reduced liability limits or collision coverage and learned later that the savings was not a smart move. Your goal is to purchase a proper amount of coverage for the lowest cost but still have enough coverage for asset protection.
Some insurance providers don’t offer the ability to get a quote online and many times these small insurance companies provide coverage only through independent agents. Lower-priced GMC Sierra 2500HD insurance in Fort Wayne is definitely available both online in addition to many Fort Wayne insurance agents, and you need to comparison shop both in order to have the best chance of saving money.
Additional car insurance information is located below:
- Liability Insurance Coverage (Nationwide)
- What Car Insurance is Cheapest for a Ford Fusion in Fort Wayne? (FAQ)
- Who Has Affordable Fort Wayne Auto Insurance Rates for Drivers Over Age 50? (FAQ)
- What Insurance is Cheapest for a Chevrolet Equinox in Fort Wayne? (FAQ)
- Who Has Cheap Auto Insurance for Veterans in Fort Wayne? (FAQ)
- What is the Cheapest Auto Insurance in Fort Wayne, IN? (FAQ)
- Teen Driving Statistics (iihs.org)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Frontal Crash Tests (iihs.org)