Cheaper 2010 GMC Yukon XL Insurance Rates

Want the cheapest insurance rates for your GMC Yukon XL? Tired of trying to scrape together enough money to pay your car insurance bill each month? Your situation is no different than the majority of other car owners. Drivers have so many insurers to pick from, and although it’s a good thing to have a choice, it makes it harder to find the lowest cost provider.

It’s a good habit to get comparison quotes every six months because prices are constantly changing. Just because you had the best price on Yukon XL insurance two years ago there is a good chance you can find better rates now. There is a lot of wrong information about insurance online but I’m going to show you some guaranteed methods to find cheap insurance.

Cheap Car Insurance Comparisons

Finding a lower price on 2010 GMC Yukon XL insurance is not a difficult process. The only requirement is to invest a little time to get quotes provided by online insurance companies. This can be done using a couple different methods.

  1. Probably the best way consumers can make multiple comparisons is an all-inclusive rate comparison like this one (opens in new window). This method saves time by eliminating repetitive form submissions for every car insurance company. One simple form will return quotes direct from many companies.
  2. Another way to compare rate quotes consists of visiting each individual company website to complete their respective quote request forms. For example, we’ll assume you want rates from Liberty Mutual, Safeco and Progressive. You would have to take the time to go to each site and enter your information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.
  3. The least efficient way to compare rates is driving around to different agent offices. The internet can eliminate the need for a local agent unless you have a need for the professional guidance of a local agent. You can, however, comparison shop online but buy from a local insurance agent and we’ll cover that in a bit.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples deductibles and coverage limits for each comparison quote. If each company quotes differing limits you can’t possibly truly determine the lowest rate.

Save money by taking advantage of these discounts

Insurance can be prohibitively expensive, but you can get discounts to help offset the cost. Larger premium reductions will be automatically applied when you quote, but some must be specially asked for before you will receive the discount. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
  • Safe Drivers – Safe drivers may save up to 50% more on Yukon XL insurance than drivers with accidents.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class if offered at their school.
  • Use Seat Belts – Drivers who require all occupants to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Early Signing – Some companies give discounts for switching policies prior to your current policy expiring. This can save 10% or more.
  • Federal Employees – Being employed by or retired from a federal job can save as much as 8% on Yukon XL insurance depending on your company.
  • Pay Now and Pay Less – By paying your policy upfront instead of paying each month you may reduce your total bill.
  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.

Consumers should know that most credits do not apply to all coverage premiums. A few only apply to specific coverage prices like liability and collision coverage. So when it seems like all the discounts add up to a free policy, you’re out of luck. Any amount of discount will reduce the cost of coverage.

Companies that possibly offer some of the above discounts may include but are not limited to:

Double check with each insurance company how you can save money. All car insurance discounts may not apply in every state.

When should I use an insurance agent?

When buying coverage for your personal vehicles, there is no one size fits all plan. Everyone’s needs are different so your insurance should reflect that For example, these questions may help highlight if you would benefit from an agent’s advice.

  • Do I need added coverage for expensive stereo equipment?
  • Is my teenager covered with friends in the car?
  • Am I covered when pulling a rental trailer?
  • Do I really need UM/UIM coverage?
  • Do I have coverage for damage caused while driving under the influence?
  • What can I do if my company denied a claim?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Insurance coverages explained

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages available from insurance companies.

Auto liability insurance – Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as pain and suffering, attorney fees, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like theft, hitting a deer, a tree branch falling on your vehicle and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for bills for prosthetic devices, doctor visits and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverages – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as backing into a parked car, hitting a mailbox, rolling your car, scraping a guard rail and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your GMC Yukon XL.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.