Compare 2016 GMC Yukon Insurance Rates

Want cheaper auto insurance rates for your GMC Yukon? No one in their right mind is fond of buying auto insurance, especially when their premiums are too high. With vehicle owners having so many choices, it’s nearly impossible to locate the most cost effective auto insurance provider.

It’s smart to price shop coverage before your next renewal because prices are adjusted regularly by insurance companies. Even if you think you had the lowest rates for Yukon insurance last year a different company probably has better premium rates today. Forget all the misinformation about auto insurance because it’s time to teach you one of the best ways to properly buy coverages and cut your premium.

How to get affordable insurance

Effectively comparing insurance prices can be challenging if you aren’t aware of the most efficient way to do it. You can waste hours driving to insurance agencies in your area, or you could save time and use the internet for quick rates.

The majority of car insurance companies enroll in a system where prospective buyers send in one quote, and each company can give them a price. This system prevents you from having to do quote forms to each individual insurance company.

To use this form to compare rates click here (opens in new window).

The single downside to pricing coverage this way is you don’t know exactly which companies to get pricing from. So if you prefer to choose specific insurance companies to receive pricing from, we have assembled a list of companies who write insurance in your area. Click here to view list.

It’s up to you how you get prices quotes, just ensure you are comparing the same coverages and limits with every price quote. If you compare higher or lower deductibles you can’t possibly make a fair comparison for your GMC Yukon.

More discounts mean affordable premiums

Insurance is neither fun to buy or cheap, but there are discounts available that could drop your premiums quite a bit. Most are applied at the time of purchase, but some discounts are required to be manually applied before you get the savings.

Claim Free – Drivers who don’t have accidents get the best insurance rates in comparison with insureds who have frequent claims or accidents.
Waiver for an Accident – Not necessarily a discount, but a few companies such as Allstate, Progressive, and Geico may permit one accident before hitting you with a surcharge if you are claim-free prior to being involved in the accident.
Early Payment Discounts – By paying your entire bill at once instead of making monthly payments you may have a lower total premium amount.
Auto/Home Discount – If you insure your home and vehicles with one company they may give you a discount of 10% to 20% off each policy.
Driver Education Discount – Have your child sucessfully take a drivers education course if it’s offered in school.
Good Grades Discount – A discount for being a good student could provide a savings of up to 20% or more. Many companies even apply the discount to college students well after school through age 25.
Service Members Pay Less – Being on active duty in the military could trigger a small discount.

You can save money using discounts, but most credits do not apply to the entire cost. Some only apply to specific coverage prices like medical payments or collision. Just because you may think you would end up receiving a 100% discount, it’s just not the way it works. Any amount of discount will positively reduce the amount you pay for coverage.

Companies and a selection of discounts include:

State Farm policyholders can earn discounts including anti-theft, Steer Clear safe driver discount, accident-free, defensive driving training, good student, and Drive Safe & Save.
Farmers Insurance discounts include pay in full, youthful driver, switch companies, mature driver, distant student, and teen driver.
Progressive may have discounts that include good student, multi-vehicle, multi-policy, online signing, and continuous coverage.
Geico may offer discounts for daytime running lights, good student, military active duty, five-year accident-free, and air bags.
Auto-Owners Insurance offers discounts for student away at school, group or association, mature driver, anti-theft, good student, and anti-lock brakes.
The Hartford includes discounts for air bag, defensive driver, driver training, anti-theft, and bundle.
Farm Bureau offers premium reductions for multi-vehicle, driver training, youthful driver, multi-policy, safe driver, and 55 and retired.
USAA offers discounts including new vehicle, safe driver, loyalty savings, family discount, and annual mileage.

If you need affordable auto insurance quotes, ask every company to apply every possible discount. Savings may not apply to policyholders everywhere.

It’s not one size fits all

When buying adequate coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that might help in determining whether you may require specific advice.

Is business property covered if stolen from my car?
Is rental equipment covered for theft or damage?
Is extra glass coverage worth it?
Do I have coverage if my license is suspended?
Will my insurance pay for OEM parts?
Is a new car covered when I drive it off the dealer lot?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Insurance policy specifics

Knowing the specifics of your policy can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from insurance companies.

Comprehensive or Other Than Collision

This covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like hitting a deer, damage from flooding, hail damage and falling objects. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM Coverage

This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your GMC Yukon.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for liability

Liability insurance provides protection from damage or injury you incur to other people or property in an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like attorney fees, medical services, pain and suffering, repair costs for stationary objects and legal defense fees. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.

Collision coverage

This pays for damage to your Yukon resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like sideswiping another vehicle, colliding with a tree and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as doctor visits, nursing services and hospital visits. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay