Really, the only way to get more affordable car insurance rates is to compare prices once a year from insurers who can sell car insurance in New Orleans. Drivers can shop around by following these steps.
Step 1: Spend some time learning about car insurance and the steps you can take to lower rates. Many rating factors that cause rate increases such as careless driving and a poor credit rating can be remedied by improving your driving habits or financial responsibility.
Step 2: Compare rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from one company like GEICO and State Farm, while agents who are independent can give you price quotes from many different companies. View insurance agents
Step 3: Compare the new rate quotes to your existing policy and determine if there is any savings. If you can save some money and switch companies, make sure there is no coverage gap between policies.
An important bit of advice to remember is to try to compare identical coverages on every price quote and and to analyze every company you can. Doing this provides a level playing field and a thorough selection of prices.
Unbelievable but true according to a study the vast majority of car insurance customers renewed their policy with the same company for more than four years, and approximately 38% of consumers have never quoted car insurance rates at all. Consumers in New Orleans can save nearly $900 each year by just comparing quotes, but they just feel it’s too hard to compare rates.
If you are paying for car insurance now, you will surely be able to find better prices using this strategy. Finding affordable auto insurance coverage in New Orleans is actually very simple if you learn how to start. Nevertheless, Louisiana car owners must comprehend how insurance companies set your policy premium and use it to your advantage.
When comparison shopping, more quotes helps locate the best price. Some regional insurers cannot provide New Orleans Sierra 3500HD insurance quotes over the internet, so it’s important to compare price quotes on coverage from those companies, too.
The car insurance companies shown below can provide free rate quotes in Louisiana. To get cheap car insurance in Louisiana, it’s highly recommended you visit several of them to find the most affordable car insurance rates.
Three good reasons to insure your vehicle
Despite the high cost of buying insurance for a GMC Sierra 3500HD in New Orleans, buying insurance is not optional due to several reasons.
- Almost all states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability in order to license the vehicle. In Louisiana these limits are 15/30/25 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your GMC Sierra 3500HD has a loan, more than likely the lender will make it mandatory that you have physical damage coverage to protect their interest in the vehicle. If you default on your policy, the bank will be required to insure your GMC at a much higher rate and force you to pay for the much more expensive policy.
- Insurance safeguards both your GMC Sierra 3500HD and your assets. It also can pay for many types of medical costs for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your Sierra 3500HD greatly outweigh the cost, particularly for liability claims. Today the average American driver overpays more than $865 each year so you should quote your policy with other companies once a year at a minimum to ensure rates are inline.
Rates and statistics
The table shown below covers different rate quotes for GMC Sierra 3500HD models. Learning how premiums are figured can help you make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 3500HD SLE Regular Cab 2WD | $438 | $698 | $474 | $28 | $142 | $1,780 | $148 |
| Sierra 3500HD SLE Regular Cab 4WD | $438 | $804 | $592 | $36 | $178 | $2,048 | $171 |
| Sierra 3500HD SLE Crew Cab 2WD | $438 | $698 | $474 | $28 | $142 | $1,780 | $148 |
| Sierra 3500HD SLE Extended Cab 2WD | $438 | $698 | $474 | $28 | $142 | $1,780 | $148 |
| Sierra 3500HD SLE Extended Cab 4WD | $438 | $804 | $592 | $36 | $178 | $2,048 | $171 |
| Sierra 3500HD SLE Crew Cab 4WD | $438 | $804 | $592 | $36 | $178 | $2,048 | $171 |
| Sierra 3500HD SLT Extended Cab 2WD | $438 | $698 | $474 | $28 | $142 | $1,780 | $148 |
| Sierra 3500HD SLT Crew Cab 4WD | $438 | $804 | $592 | $36 | $178 | $2,048 | $171 |
| Sierra 3500HD SLT Extended Cab 4WD | $438 | $804 | $592 | $36 | $178 | $2,048 | $171 |
| Sierra 3500HD SLT Crew Cab 2WD | $482 | $804 | $474 | $28 | $142 | $1,930 | $161 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Estimates do not factor in New Orleans location which can revise prices considerably.
How high should deductibles be?
One frequently asked question is which comprehensive and collision deductibles to buy. The following insurance rates outline the differences in price of buying low and high policy deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 3500HD SLE Regular Cab 2WD | $452 | $712 | $464 | $28 | $140 | $1,821 | $152 |
| Sierra 3500HD SLE Regular Cab 4WD | $452 | $820 | $580 | $34 | $174 | $2,085 | $174 |
| Sierra 3500HD SLE Crew Cab 2WD | $452 | $712 | $464 | $28 | $140 | $1,821 | $152 |
| Sierra 3500HD SLE Extended Cab 2WD | $452 | $712 | $464 | $28 | $140 | $1,821 | $152 |
| Sierra 3500HD SLE Extended Cab 4WD | $452 | $820 | $580 | $34 | $174 | $2,085 | $174 |
| Sierra 3500HD SLE Crew Cab 4WD | $452 | $820 | $580 | $34 | $174 | $2,085 | $174 |
| Sierra 3500HD SLT Extended Cab 2WD | $452 | $712 | $464 | $28 | $140 | $1,821 | $152 |
| Sierra 3500HD SLT Crew Cab 4WD | $452 | $820 | $580 | $34 | $174 | $2,085 | $174 |
| Sierra 3500HD SLT Extended Cab 4WD | $452 | $820 | $580 | $34 | $174 | $2,085 | $174 |
| Sierra 3500HD SLT Crew Cab 2WD | $498 | $820 | $464 | $28 | $140 | $1,975 | $165 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sierra 3500HD SLE Regular Cab 2WD | $366 | $574 | $464 | $28 | $140 | $1,572 | $131 |
| Sierra 3500HD SLE Regular Cab 4WD | $366 | $662 | $580 | $34 | $174 | $1,816 | $151 |
| Sierra 3500HD SLE Crew Cab 2WD | $366 | $574 | $464 | $28 | $140 | $1,572 | $131 |
| Sierra 3500HD SLE Extended Cab 2WD | $366 | $574 | $464 | $28 | $140 | $1,572 | $131 |
| Sierra 3500HD SLE Extended Cab 4WD | $366 | $662 | $580 | $34 | $174 | $1,816 | $151 |
| Sierra 3500HD SLE Crew Cab 4WD | $366 | $662 | $580 | $34 | $174 | $1,816 | $151 |
| Sierra 3500HD SLT Extended Cab 2WD | $366 | $574 | $464 | $28 | $140 | $1,572 | $131 |
| Sierra 3500HD SLT Crew Cab 4WD | $366 | $662 | $580 | $34 | $174 | $1,816 | $151 |
| Sierra 3500HD SLT Extended Cab 4WD | $366 | $662 | $580 | $34 | $174 | $1,816 | $151 |
| Sierra 3500HD SLT Crew Cab 2WD | $404 | $662 | $464 | $28 | $140 | $1,698 | $142 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Information does not factor in vehicle location which can raise or lower rates significantly.
Based on the data above, we can derive that using a $250 deductible costs about $22 more each month or $264 each year across all GMC Sierra 3500HD models than buying the higher $500 deductible. Since you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at least 11 months between claim filings, you would probably be better off if you choose the higher deductible. Below is how you can come to your own conclusion.
| Average monthly premium for $250 deductibles: | $164 |
| Average monthly premium for $500 deductibles (subtract): | – $142 |
| Monthly savings from raising deductible: | $22 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $22 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
One important issue to know is that a higher deductible level results in more money out-of-pocket when you have to file a claim. You need to make sure you have some money saved in order to pay the higher deductible.
The chart below illustrates how your choice of deductibles and can affect GMC Sierra 3500HD insurance costs for each different age category. Data assumes a single female driver, full physical damage coverage, and no discounts are taken into consideration.
GMC Sierra 3500HD insurance premiums by gender in New Orleans
The information below shows the comparison of GMC Sierra 3500HD insurance costs for male and female drivers. The rate quotes are based on no claims or driving citations, full physical damage coverage, $250 deductibles, marital status is single, and no other discounts are factored in.
Take advantage of these money saving discounts
Companies do not advertise their entire list of discounts in a way that’s easy to find, so the list below contains both the well known and the more hidden credits available to lower your premiums when you buy New Orleans auto insurance online.
- Defensive Driver – Taking time to complete a defensive driver course could cut 5% off your bill and easily pay for the cost of the class.
- New Orleans Homeowners Pay Less – Owning your own home or condo can save a few bucks since home ownership is proof that your finances are in order.
- Multiple Cars – Insuring multiple cars or trucks with one company can get a discount on all vehicles.
- Anti-lock Brake System – Cars, trucks, and SUVs with ABS and/or traction control have fewer accidents so you can save 10 percent or more.
- Discounts for Federal Employees – Active or retired federal employment may reduce rates when you quote New Orleans auto insurance depending on your auto insurance provider.
Remember that most credits do not apply to your bottom line cost. Most cut individual premiums such as collision or personal injury protection. Despite the appearance that all the discounts add up to a free policy, companies don’t profit that way.
The illustration below shows the comparison of GMC Sierra 3500HD insurance rates with and without discounts applied to the premium. The premiums are based on a female driver, no driving violations, no at-fault accidents, Louisiana state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, multi-policy, claim-free, safe-driver, and marriage discounts applied.
Popular auto insurance companies and their offered discounts are included below.
- Esurance offers discounts including claim free, multi-car, defensive driver, good driver, and anti-lock brakes.
- The Hartford has savings for vehicle fuel type, anti-theft, defensive driver, driver training, air bag, and good student.
- AAA offers premium reductions for pay-in-full, multi-car, multi-policy, AAA membership discount, education and occupation, and good driver.
- GEICO has discounts for five-year accident-free, air bags, good student, daytime running lights, multi-vehicle, and driver training.
- State Farm discounts include anti-theft, driver’s education, good driver, student away at school, and passive restraint.
If you want the cheapest GMC Sierra 3500HD rate quotes, ask each company or agent which discounts you qualify for. Some of the earlier mentioned discounts may not be offered in New Orleans. To see auto insurance companies who offer cheap GMC Sierra 3500HD insurance quotes in Louisiana, click this link.
You may need advice from an agent
A small number of people would prefer to buy from a local agent and that is just fine! One of the best bonuses of comparing rates online is that you can find the lowest rates but still work with a licensed agent.
To make it easy to find an agent, after completing this short form, your coverage information is transmitted to participating agents in New Orleans who will gladly provide quotes for your business. You won’t even need to contact an agency since price quotes are sent instantly to you. You can get cheaper insurance rates without requiring a lot of work. In the event you want to get a comparison quote from one company in particular, you would need to find their quoting web page and fill out their quote form.
Picking an insurance company should include more criteria than just a cheap quote. Any agent in New Orleans should have no problem answering these questions:
- Does the company have a local claim office in New Orleans?
- Is the quote a firm price?
- Does the agent recommend any additional coverage?
- How experienced are they in personal risk management?
- Are they involved in claim handling?
- What is their Better Business Bureau rating?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Do you qualify for any additional discounts?
Louisiana car insurance companies
Selecting the right auto insurance provider can be a challenge considering how many companies sell coverage in Louisiana. The ranking information displayed below can help you decide which companies you want to consider comparing rates from.
Top 10 New Orleans Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Top 10 New Orleans Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Quote. Compare. Save.
In this article, we covered a lot of tips how to reduce GMC Sierra 3500HD insurance prices online in New Orleans. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest prices are with a lesser-known regional company. These smaller insurers may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate or State Farm.
As you prepare to switch companies, never buy less coverage just to save a little money. Too many times, consumers will sacrifice liability coverage limits only to regret at claim time that it was a big error on their part. The ultimate goal is to buy the best coverage you can find for the lowest cost while still protecting your assets.
More resources
- Senior Drivers (Insurance Information Institute)
- How Much is Auto Insurance for Drivers with Good Credit in New Orleans? (FAQ)
- What Auto Insurance is Cheapest for Felons in New Orleans? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Safe Drivers in New Orleans? (FAQ)
- Information for Teen Drivers (GEICO)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Driving in Bad Weather (Insurance Information Institute)
- Keeping Children Safe in Crashes Video (iihs.org)