View 2002 GMC Yukon Insurance Quotes

Want lower auto insurance rates for your GMC Yukon? Are you a victim of overpriced auto insurance? Trust us when we tell you many consumers feel financially strained by their auto insurance policy. Insurance companies such as State Farm, Farmers Insurance, GEICO and Allstate promote their brand names with fancy advertisements and it can be hard to ignore the promise of big savings and do the work needed to find the best deal.

It’s important to compare rates periodically due to the fact that insurance rates fluctuate regularly. Even if you think you had the best price for Yukon insurance a few years ago 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 the quickest way to find better coverage at a better price.

If you have a current insurance coverage policy or are shopping for new coverage, you will benefit by learning to find better prices and still get good coverage. Finding the best rates is easy if you know what you’re doing. Vehicle owners just need to know the most efficient way to shop for insurance coverage over the internet.

Compare Insurance Coverage Today

Finding cheaper 2002 GMC Yukon insurance coverage prices is actually quite simple. All you need to do is invest a few minutes comparing rate quotes provided by online insurance companies. This can be done in just a few minutes using one of these methods.

  1. Probably the best way to find the lowest comparison rates is an all-inclusive rate comparison click to view form in new window. This method eliminates the need for separate quotes to each individual insurance coverage company. One simple form will return price quotes from several companies.
  2. A slightly less efficient method to analyze rates requires a visit to each company website and complete a new quote form. For instance, let’s say you want to compare rates from Auto-Owners, Esurance and Progressive. To find out each rate you need to take the time to go to each site to input your insurance information, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  3. The most time-consuming way to compare rates is to spend time driving to local insurance agencies. The ability to buy insurance online has reduced the need for local agents unless you want the professional guidance that only a license agent can provide. It is possible to price shop online and still use a local agent.

It’s up to you how you get prices quotes, just make absolute certain that you use the exact same coverage limits and deductibles on every quote. If you are comparing different deductibles then you won’t be able to determine the lowest rate for your GMC Yukon.

Don’t overlook these discounts

Auto insurance companies do not list every discount in a way that’s easy to find, so we took the time to find some of the more common and the more hidden car insurance savings. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Defensive Driver – Completing a driver safety course could possibly earn you a 5% discount if your company offers it.
  • Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education if it’s offered in school.
  • Air Bag Discount – Factory air bags or motorized seat belts can get savings of more than 20%.
  • Distant Student – Youth drivers who are attending college and don’t have a car can be insured at a reduced rate.
  • Early Signing – Some insurance companies reward drivers for switching to them prior to your current policy expiration. This can save 10% or more.
  • Discount for New Cars – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.
  • One Accident Forgiven – A few companies will forgive one accident before your rates go up so long as you haven’t had any claims for a particular time prior to the accident.

A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only cut specific coverage prices like collision or personal injury protection. Just because you may think you can get free auto insurance, you’re out of luck.

Insurance companies who might offer some of the above discounts include:

Before buying, ask each company which discounts you may be entitled to. Discounts may not be available everywhere.

Is my situation unique?

When choosing coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions might point out whether you could use an agent’s help.

  • Why does it cost so much to insure a teen driver?
  • Is motorclub coverage worth it?
  • Am I covered when driving a rental car?
  • Is my trailer covered?
  • Should I buy additional glass protection?
  • Do all my vehicles need collision coverage?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

GMC Yukon premiums are determined by many factors

It’s important that you understand the different types of things that come into play when calculating the price you pay for insurance. Having a good understanding of what impacts premium levels helps enable you to make changes that can help you get lower insurance prices.

  • Protect your assets with liability insurance – Liability insurance is the coverage that protects you if you are found to be at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
  • High crash test scores lower rates – Safer cars are cheaper to insure. Safer cars result in less severe injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If the GMC Yukon is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Always keep insurance in force – Having an insurance coverage lapse is a guaranteed way to bump up your insurance costs. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a steep fine or even jail time.You may need to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Where you live – Being located in small towns and rural areas has it’s advantages when insuring your vehicles. Drivers who live in large cities tend to have congested traffic and longer commutes to work. Less people living in that area means a lower chance of having an accident and a lower car theft rate.
  • Men are more aggressive – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Women and men have accidents at about the same rate, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations such as reckless driving. Young males are several times more likely to be in an accident and are penalized with high insurance rates.
  • Your credit rating is important – Having a bad credit history is a huge factor in determining your rates. If your credit history is not that good, you could be paying less to insure your 2002 GMC Yukon by improving your rating. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower credit scores.

Is there truth in advertising?

Drivers get pounded daily by advertisements for cheaper car insurance by State Farm, Allstate and GEICO. All the companies have a common claim of big savings if you change to their company.

How do they all say the same thing?

All companies can use profiling for the driver that makes them money. An example of a driver they prefer might be between the ages of 30 and 50, is a homeowner, and drives newer vehicles. Any new insured who matches those parameters is entitled to the best price and therefore will save when they switch companies.

Consumers who do not match the requirements will be charged a more expensive rate and ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “people who quote” save that kind of money. That is how companies can truthfully state the savings. That is why drivers must get a wide range of price quotes. Because you never know the company that will fit your personal profile best.

Insurance coverage options for a 2002 GMC Yukon

Understanding the coverages of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages available from insurance companies.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as hitting a bird, a broken windshield and damage from a tornado or hurricane. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

Collision insurance pays for damage to your Yukon caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with another moving vehicle, scraping a guard rail and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Auto liability insurance

Liability coverage provides protection from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims like repair bills for other people’s vehicles, repair costs for stationary objects, medical services, medical expenses and funeral expenses. How much coverage you buy is a decision to put some thought into, but consider buying as high a limit as you can afford.

Coverage for medical expenses

Med pay and PIP coverage kick in for bills like ambulance fees, funeral costs, EMT expenses and prosthetic devices. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Make an honest buck

The cheapest 2002 GMC Yukon insurance is definitely available online and with local insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies do not offer the ability to get a quote online and these small, regional companies work with independent agents.

We’ve covered some good ideas how you can lower your insurance rates. The most important thing to understand is the more companies you get rates for, the better your comparison will be. You may even discover the lowest rates come from a company that doesn’t do a lot of advertising. These companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate and Progressive.

As you shop your coverage around, do not sacrifice coverage to reduce premiums. There have been many cases where an insured dropped comprehensive coverage or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

Additional insurance coverage information can be found on the following sites: