2016 GMC Yukon XL Insurance Quotes – 10 Tricks for Cheaper Rates

Finding low-cost insurance for a GMC Yukon XL could be an all-consuming task, but you can use our auto insurance buying tips to find lower rates. There is a better way to find auto insurance online and we’ll show you the quickest way to compare rates for your GMC and get the lowest possible price from local insurance agents and online providers.

It is always a good idea to compare rates before your policy renews because prices fluctuate regularly. Just because you found the lowest quotes for Yukon XL insurance at your last renewal there may be better deals available now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to one of the quickest ways to lower your rates without sacrificing coverage.

Lower rates by qualifying for these ten discounts

Insurance can cost an arm and a leg, but you may find discounts that many consumers don’t even know exist. Most are applied when you purchase, but a few must be specially asked for in order for you to get them.

  • Drivers Education – Teen drivers should successfully complete driver’s ed class if offered at their school.
  • Bundle and Save – If you combine your auto and homeowners policies with the same company you will save up to 20% and get you cheap insurance coverage.
  • Student in College – Youth drivers who are enrolled in a college that is more than 100 miles from home and leave their car at home could get you a discount.
  • Passive Restraints and Air Bags – Options like air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Student Discounts – Performing well in school can earn a discount of 20% or more. This discount can apply up to age 25.
  • Pay Early and Save – If you pay your bill all at once instead of making monthly payments you may have a lower total premium amount.
  • Safe Driver Discount – Insureds who avoid accidents could pay up to 40% less for Yukon XL insurance compared to accident prone drivers.
  • Active Military Service – Having a deployed family member may qualify for rate reductions.
  • Accident Forgiveness Coverage – Not a discount per se, but companies like Libery Mutual, GEICO and Allstate may permit one accident without getting socked with a rate hike if your claims history is clear before the accident.
  • Discount for Low Mileage – Keeping the miles down on your GMC could be rewarded with lower prices on the low mileage vehicles.

It’s important to understand that some credits don’t apply to all coverage premiums. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears you would end up receiving a 100% discount, nobody gets a free ride.

Insurance companies that have most of the discounts above include:

If you need affordable insurance coverage quotes, ask each company what discounts are available to you. Savings might not be offered in your area.

Insurance coverage is unique, just like you

When it comes to choosing proper insurance coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

For example, these questions might help in determining whether your personal situation could use an agent’s help.

  • How much can I save by bundling my policies?
  • Does my personal policy cover me when driving out-of-state?
  • How high should deductibles be on a 2016 GMC Yukon XL?
  • When should my teen driver be added to my policy?
  • What if I total my 2016 GMC Yukon XL and owe more than it’s worth?
  • When should I remove comp and collision on my 2016 GMC Yukon XL?
  • What is medical payments coverage?
  • Am I covered when pulling a rental trailer?
  • Am I covered if hit by an uninsured driver?
  • When should I buy a commercial auto policy?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance coverages

Having a good grasp of a car insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like fire damage, damage from a tornado or hurricane and theft. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

This coverage covers damage to your Yukon XL resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like crashing into a ditch, crashing into a building, sideswiping another vehicle, sustaining damage from a pot hole and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Liability insurance

Liability insurance provides protection from damages or injuries you inflict on a person or their property in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like repair bills for other people’s vehicles, court costs, repair costs for stationary objects, attorney fees and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as much as you can afford.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as damage to your 2016 GMC Yukon XL.

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 is very important.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like doctor visits, pain medications, EMT expenses, prosthetic devices and X-ray expenses. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

More choices the merrier

We just showed you quite a bit of information on how to shop for 2016 GMC Yukon XL insurance online. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding cheap insurance coverage. Consumers could even find that the lowest priced auto insurance comes from a small local company.

Drivers change insurance companies for any number of reasons including extreme rates for teen drivers, delays in responding to claim requests, unfair underwriting practices and even poor customer service. Regardless of your reason, switching companies can be less work than you think.

Cheaper auto insurance is attainable online in addition to local insurance agencies, and you should compare price quotes from both to have the best chance of lowering rates. Some companies do not provide online rate quotes and many times these regional carriers only sell through independent insurance agents.

Even more information can be read by following these links: