View 2016 GMC Yukon XL Insurance Rates

Trying to find lower auto insurance rates for your GMC Yukon XL? Feel like you’re a prisoner to an underperforming, overpriced auto insurance policy? Don’t sweat it because there are a lot of people just like you who feel imprisoned by their auto insurance policy. Multiple auto insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies and get the definite best rates possible.

It’s important to check auto insurance prices before your policy renews because insurance prices change quite often. Just because you had the lowest price on Yukon XL coverage a few years ago the chances are good that you can find a lower rate quote today. There is a lot of bad advice regarding auto insurance on the internet, but in just a couple of minutes you can learn some proven techniques to slash your auto insurance rates.

If you are insured now or are looking for a new policy, you can use these techniques to get lower rates while maximizing coverage. Buying car insurance is not rocket science. Drivers just need to know the best way to buy insurance coverage online.

Quote car insurance online

Finding cheap 2016 GMC Yukon XL car insurance rates can be relatively painless. You just need to invest a few minutes to compare rate quotes to find the company with the cheapest auto insurance quotes. This can be accomplished using one of these methods.

  1. One of the fastest ways consumers can analyze rates is an all-inclusive rate comparison click to view form in new window. This form prevents you from having to do repetitive form entry for every company. A single, simple form gets you price quotes from all major companies.
  2. Another way to get comparison quotes requires visiting each company’s website and fill out a new quote form. For sake of this example, let’s say you want to get rates from USAA, State Farm and Liberty Mutual. To get each rate you have to visit each site to enter the same coverage data repeatedly, which can get old fast. For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverages for each price quote. If you use different coverage information it will be nearly impossible to make a fair comparison for your GMC Yukon XL.

Take policy discounts and save

Companies do not advertise every discount very clearly, so the following list contains both the well known as well as the least known credits available to bring down your rates.

  • No Charge for an Accident – but some insurance companies may permit one accident before hitting you with a surcharge so long as you haven’t had any claims prior to being involved in the accident.
  • Claim Free – Insureds with no claims or accidents get the best auto insurance rates compared to accident-prone drivers.
  • E-sign – Some larger companies may give you up to $50 for buying your policy online.
  • Defensive Driving Course – Taking part in a course that instructs on driving safety is a good idea and can lower rates and make you a better driver.
  • Payment Discounts – By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Multi-policy Discount – If you can combine your auto and homeowners policy with the same insurance company you will save at least 10% off all policies.
  • Homeowners Discount – Simply owning a home can save a few bucks since home ownership requires personal responsibility.
  • Telematics Discount – People who choose to allow their insurance company to monitor driving habits remotely such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates if their driving habits are good.

As a sidenote, many deductions do not apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, nobody gets a free ride.

The best auto insurance companies and a selection of discounts are outlined below.

  • Geico has savings for emergency military deployment, daytime running lights, air bags, good student, membership and employees, five-year accident-free, and multi-policy.
  • Travelers has discounts for driver training, home ownership, save driver, hybrid/electric vehicle, payment discounts, and multi-car.
  • Nationwide offers discounts for good student, multi-policy, defensive driving, Farm Bureau membership, and family plan.
  • Farmers Insurance discounts include switch companies, electronic funds transfer, youthful driver, multi-car, and bundle discounts.
  • Esurance may have discounts that include Switch & Save, good driver, Pac-12 alumni, online shopper, DriveSense, online quote, and safety device.
  • State Farm offers premium reductions for passive restraint, multiple autos, good driver, Drive Safe & Save, safe vehicle, and accident-free.
  • Progressive offers discounts including online quote discount, multi-policy, online signing, homeowner, multi-vehicle, and continuous coverage.
  • Mercury Insurance includes discounts for age of vehicle, multi-policy, location of vehicle, professional/association, accident-free, and ease of repair.

Double check with every company how many discounts you can get. Savings might not apply in your area. For a list of insurers who offer discounts, click here.

Which policy gives me the best coverage?

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Every situation is different so this has to be addressed. For example, these questions might point out if your insurance needs would benefit from professional advice.

  • Should I carry comprehensive and collision coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Are my friends covered when driving my car?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • What are the financial responsibility laws in my state?
  • Is extra glass coverage worth it?
  • Should I bundle my homeowners policy with my auto?

If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Insurance coverage options for a GMC Yukon XL

Learning about specific coverages of your insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are the usual coverages offered by insurance companies.

Collision coverage

This covers damage to your Yukon XL from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as scraping a guard rail, sideswiping another vehicle, colliding with a tree, crashing into a ditch and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for ambulance fees, doctor visits and X-ray expenses. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like falling objects, damage from flooding and damage from getting keyed. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability coverage protects you from injuries or damage you cause to other people or property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like bail bonds, funeral expenses and legal defense fees. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.