1993 GMC Yukon Insurance Quotes – 5 Ways to Save

Car insurance shoppers not familiar with comparing rates online are likely to find purchasing cheaper auto insurance can be quite challenging.

If you have car insurance now, you will be able to reduce your rates substantially using these methods. Locating affordable protection is not that difficult. But consumers need to learn how companies determine prices and apply this information to your search.

Get lower rates with these five auto insurance discounts

Companies do not list the complete list of policy discounts in an easy-to-find place, so the following is a list of both the well known and also the more inconspicuous savings tricks you should be using when you buy auto insurance online.

  • Responsible Driver Discounts – Safe drivers can save as much as half off their rates for Yukon coverage as compared to drivers with claims.
  • Active Military Service – Being on active deployment in the military may qualify for rate reductions.
  • Passive Restraints and Air Bags – Factory options such as air bags or motorized seat belts could see savings up to 30%.
  • Claim Free – Drivers who stay claim-free can earn big discounts in comparison to drivers who are more careless.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.

You can save money using discounts, but some of the credits will not apply to the overall cost of the policy. Most only cut individual premiums such as physical damage coverage or medical payments. So even though it sounds like adding up those discounts means a free policy, you’re out of luck. Any amount of discount should help reduce the premium cost.

Large auto insurance companies and a selection of discounts are detailed below.

  • Progressive discounts include multi-vehicle, online signing, homeowner, online quote discount, and good student.
  • SAFECO offers discounts for safe driver, anti-lock brakes, multi-car, bundle discounts, anti-theft, drive less, and homeowner.
  • American Family offers discounts including mySafetyValet, TimeAway discount, multi-vehicle, good driver, bundled insurance, Steer into Savings, and defensive driver.
  • MetLife may have discounts that include multi-policy, claim-free, good driver, defensive driver, accident-free, good student
  • Geico may include discounts for federal employee, multi-policy, membership and employees, five-year accident-free, anti-lock brakes, and air bags.
  • The Hartford has savings for anti-theft, good student, defensive driver, driver training, and air bag.

Check with each company or agent which discounts you may be entitled to. Some discounts might not be available to policyholders in your area.

Auto insurance can get complicated

When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs.

For example, these questions might point out whether you could use an agent’s help.

  • How much liability coverage do I need in my state?
  • Do I need an umbrella policy?
  • When does my teenage driver need to be added to my policy?
  • Am I missing any policy discounts?
  • Do I have newly-aquired coverage?
  • Does my personal policy cover me when driving out-of-state?
  • Do I benefit by insuring my home with the same company?
  • Which companies will insure high-risk drivers?
  • What are the financial responsibility laws in my state?
  • Are all vehicle passengers covered by medical payments coverage?

If you’re not sure about those questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, complete this form.

Parts of your car insurance policy

Knowing the specifics of car insurance can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Coverage for uninsured or underinsured drivers – This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims 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, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive car insurance – This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as theft, damage from a tornado or hurricane, damage from flooding and fire damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability auto insurance – Liability insurance will cover damage that occurs to other’s property or people that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things like repair bills for other people’s vehicles, court costs, loss of income, repair costs for stationary objects and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – This coverage pays to fix your vehicle from damage resulting 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 protects against things such as crashing into a ditch, crashing into a building, hitting a parking meter, colliding with another moving vehicle and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Coverage for medical expenses – Med pay and PIP coverage provide coverage for short-term medical expenses such as EMT expenses, doctor visits, dental work and surgery. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Smart shoppers get results

We covered many ways to save on 1993 GMC Yukon insurance. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding the cheapest auto insurance. Consumers may even find the lowest priced insurance coverage comes from a lesser-known regional company.

When getting auto insurance quotes online, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, someone sacrificed full coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

Insureds who switch companies do it for a variety of reasons including delays in responding to claim requests, policy cancellation, denial of a claim and even questionable increases in premium. Whatever your reason, finding the right insurance coverage provider is pretty easy and you might even save some money in the process.

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