When you work with an independent insurance agent to find low rates for your GMC Yukon coverage, you'll get access to quotes from dozens of companies. Many factors contribute to how an insurance company sets your rates. Depending on where you live and your driving habits, you may want extra coverage for certain things. You need car insurance personalized for you and your GMC Yukon.
Not sure where to look?
TrustedChoice.com has a find-an-agent tool that can match you with a local independent insurance agent who will walk you through your options and help you find the best possible coverage for your GMC Yukon.
What Kind of Insurance Do You Need for Your GMC Yukon?
Bodily injury liability
Bodily injury liability coverage handles the costs associated with an accident you cause if someone else requires medical attention. Hospital, ambulance, and physical therapy bills add up fast, and this type of coverage protects you from having to pay those costs on your own if you hurt someone while driving.
Property damage liability
If you cause damage to someone else's property while driving your GMC Yukon, property damage liability coverage covers the costs up to the policy's limits. Some states require this coverage, so talk with your agent about the minimum required amount and whether it's smart to buy extra coverage.
Medical payments/Personal injury protection
Medical payments or personal injury protection coverage handles medical bills associated with recovering from an accident. While laws differ depending on where you live, many states require some type of medical coverage. After a covered accident, this coverage pays medical bills associated with recovery if you and your passengers sustain injuries in a crash.
Uninsured motorist coverage
Even with laws in place requiring minimum liability auto insurance, some drivers don't have enough (or any) coverage. If you are in an accident with someone who is uninsured or underinsured, you may have to fix your car and pay your medical bills out of your savings. With uninsured and underinsured motorist coverage, you'll get help paying those bills for a covered accident.
Collision coverage pays to repair or replace your GMC Yukon if you hit something or are in an accident with another car. This type of coverage isn't right for everyone, so talk with your agent about the pros and cons of including collision coverage on an older Yukon.
If you are in an accident caused by an animal in the road or are a victim of vandalism, you'll need comprehensive coverage to get your repair bill paid for. The insurance company will handle the cost of repairing or replacing your Yukon, minus your deductible, up to its fair market value for covered incidents.
Replacing a windshield can cost hundreds of dollars, but the expense is often less than your auto insurance deductible. Glass coverage with a zero deductible covers the cost of glass replacement, so you don't have to worry about coming up with the cash on your own.
If you didn't buy gap coverage at the dealership where you purchased your new GMC Yukon and you owe more than the vehicle's fair market value, talk with your agent about adding gap coverage to your policy. If you are in an at-fault accident, your insurance doesn't automatically pay off your loan. You could be financially responsible for paying the difference between the insurance company's settlement and the total amount owed.
What Affects the Cost of Insurance for Your GMC Yukon?
Annual mileage: Driving more than about 10,000 per year could set you up to pay slightly higher insurance premiums. Your agent can help you figure out how much a high mileage auto insurance plan may cost for your GMC Yukon.
Your driving record: Drivers who haven't been in an at-fault accident and who don't have moving violations on their records pay about 40% less for auto insurance.
The value of your vehicle: In general, vehicles that have a higher starting price as new cars cost more to insure. It's more expensive to fix or replace a high cost vehicle.
A GMC Yukon driver who is 40 years old and has a good driving record pays an average annual auto insurance premium of $1,500 each year. This full coverage policy includes comprehensive and collision coverage, and it also has a $500 deductible.
A liability-only policy costs the same driver just $438 per year.
It's important to get a personalized quote, however. Your agent can walk you through your options and help you find the best auto insurance coverage for your location, age, and driving record.
The Safety of Your GMC Yukon
The National Highway Traffic Safety Administration (NHTSA) gave the 2020 GMC Yukon with four-wheel drive an overall four-star safety rating. In addition, the NHTSA recommends that GMC Yukon drivers choose an SUV with the following important safety features:
- Forward collision warning
- Lane departure warning
Both of these features are optional with the 2020 GMC Yukon.
How Location Affects Your GMC Yukon Insurance
Because your location has such a dramatic effect on your car insurance rates, it's crucial to get a personalized quote from your agent. Here's how average GMC Yukon full coverage insurance rates for a 40-year-old driver with a good driving record and a $500 deductible vary from one place to the next:
|Los Angeles, California:||Chicago, Illinois:||Columbus, Ohio:|
Additional Factors That Affect Your GMC Yukon Insurance Premiums
- Safety features like anti-theft devices
Average Cost to Insure a GMC Yukon
|Average annual cost to insure a GMC Yukon with full coverage:||$1,500|
|Average insurance rates by coverage type:|
|Top three most expensive states for GMC Yukon insurance:|
|New York, Louisiana, Michigan||$2,400|
|Top three most affordable states for GMC Yukon insurance:|
|Iowa, Maine, Idaho||$990|
Top Independent Insurance Carriers That Insure the GMC Yukon
According to a recent US Independent Insurance Agent Satisfaction Study by JD Power, the following companies provide excellent service to their insurance customers:
Get a GMC Yukon Quote
Your independent agent shops multiple insurance companies to get the best possible auto insurance rates. The best part is that you only have to make one call and you have a single point of communication. You can use the TrustedChoice.com find-an-agent
tool to contact an agent in your area right now. Get started today and secure great rates with the right coverage for your GMC Yukon.
TrustedChoice.com Article | Reviewed by Greg Safford
©2020, Consumer Agent Portal, LLC. All rights reserved.
IIHS, Consumer Reports, Quote Inspector, iii.org, JD Power, Car and Driver