View 2014 GMC Yukon XL Car Insurance Rates

Looking for the cheapest car insurance rates for your GMC Yukon XL? Are you tired of sacrificing other expenses to insure your GMC every month? You have the same problem as millions of other consumers. Consumers have multiple insurers to buy insurance from, and though it is a good thing to have a selection, too many choices makes it more difficult to find the best rates.

It’s a great practice to get comparison quotes on a regular basis because insurance rates tend to go up over time. Even if you got the best premium rates on Yukon XL coverage at your last renewal other companies may now be cheaper. You can find a lot of misleading information regarding car insurance on the internet, but in just a couple of minutes you can learn some good information on how to put money back in your pocket.

Finding the best rates is easy if you know what you’re doing. If you are insured now or need a new policy, you can use these techniques to shop for the lowest rates and still get good coverage. Drivers just need to know the proper methods to shop over the internet.

Compare auto insurance quotes

Effectively comparing auto insurance prices can be challenging if you don’t utilize the easiest way. You could waste time talking about coverages with insurance agencies in your area, or you could use online quoting to accomplish the same thing much quicker.

The majority of car insurance companies participate in a marketplace that allows shoppers to submit one quote, and at least one company can provide price quotes determined by their information. This eliminates the need for quote forms to each individual auto insurance company.

To participate in this free quote system, click to open in new window.

The one disadvantage to comparing rates this way is you can’t choose the providers you want to price. So if you want to select specific providers for rate comparison, we have a page of the cheapest auto insurance companies in your area. Click here to view list.

Whichever way you use, do your best to enter the exact same deductibles and coverage limits for each quote you get. If you use mixed coverages you will not be able to determine which rate is truly the best.

Auto insurance discounts help lower rates

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to cut the cost considerably. Some trigger automatically at the time of purchase, but lesser-known reductions have to be specially asked for before they will apply.

  • No Accidents – Insureds who avoid accidents and claims can earn big discounts compared to accident-prone drivers.
  • College Student Discount – Older children who are enrolled in a college that is more than 100 miles from home and do not have a car could get you a discount.
  • Responsible Driver Discount – Accident-free drivers may save up to 50% more on Yukon XL coverage as compared to drivers with claims.
  • Safety Restraint Discount – Using a seat belt and requiring all passengers to wear their seat belts may be able to save a few bucks on the medical payments or PIP coverage costs.
  • Theft Deterent – Vehicles that have factory anti-theft systems have a lower chance of being stolen so companies will give you a small discount.
  • Multi-policy Discount – When you have multiple policies and place coverage with the same company you may save 10% to 20% off each policy.
  • Fewer Miles Equal More Savings – Driving less could qualify for better rates on cars that stay parked.

Remember that most of the big mark downs will not be given to all coverage premiums. A few only apply to specific coverage prices like liability, collision or medical payments. If you do the math and it seems like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

A few of the larger companies and some of the discounts are included below.

  • State Farm has savings for good student, driver’s education, Steer Clear safe driver discount, passive restraint, safe vehicle, anti-theft, and multiple policy.
  • American Family includes discounts for Steer into Savings, good driver, TimeAway discount, early bird, multi-vehicle, and mySafetyValet.
  • Geico has discounts for good student, emergency military deployment, military active duty, federal employee, daytime running lights, air bags, and five-year accident-free.
  • 21st Century offers premium reductions for defensive driver, early bird, air bags, teen driver, good student, and automatic seat belts.
  • Progressive policyholders can earn discounts including homeowner, multi-policy, online signing, good student, multi-vehicle, and online quote discount.

When quoting, ask every insurance company which credits you are entitled to. Some of the earlier mentioned discounts might not be offered on policies in your area.

Which is the best insurance coverage?

When buying the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different so this has to be addressed. For example, these questions might help in determining whether you would benefit from professional advice.

  • Am I covered when using my vehicle for business?
  • How does medical payments coverage work?
  • Do I pay less if my vehicle is kept in my garage?
  • How can I find cheaper teen driver insurance?
  • When does my teenage driver need to be added to my policy?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What should my uninsured motorist coverage limits be in my state?
  • When should I buy a commercial auto policy?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Educate yourself about insurance coverages

Understanding the coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by insurance companies.

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your GMC Yukon XL.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Collision coverage – This will pay to fix damage to your Yukon XL resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like crashing into a building, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Coverage for medical payments – Med pay and PIP coverage kick in for expenses like ambulance fees, chiropractic care and nursing services. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover you and your occupants and also covers being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Liability – This coverage provides protection from damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims like loss of income, funeral expenses, structural damage and medical services. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Comprehensive coverages – This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like falling objects, hitting a deer and fire damage. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

And the best car insurance company is…

When shopping online for car insurance, don’t be tempted to buy less coverage just to save a little money. There have been many cases where someone dropped comprehensive coverage or liability limits and learned later that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the lowest possible cost while still protecting your assets.

In this article, we presented some good ideas how to save on 2014 GMC Yukon XL insurance. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. You may even find the lowest priced car insurance comes from the least-expected company. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm and Allstate.

Lower-priced 2014 GMC Yukon XL insurance is available online in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. Some companies do not offer online price quotes and many times these small, regional companies provide coverage only through independent insurance agencies.

Even more information is available in the articles below: