Have you had enough of scraping the payment together each month for car insurance? You are no different than many other drivers. Drivers have so many insurers to choose from, and although it’s a good thing to have multiple companies, having more insurers makes it harder to compare rates and find the lowest cost car insurance.
Smart consumers take time to compare prices before your policy renews because insurance rates are adjusted regularly by insurance companies. Just because you found the best deal on Yukon insurance six months ago you may be paying too much now. Starting now, forget all the misinformation about car insurance because I’m going to teach you the proper way to remove unneeded coverages and save money.
Getting a cheaper price on 2013 GMC Yukon insurance can be quick and easy. All that’s required is to spend a little time to compare quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.
It’s your choice how you get your quotes, but double check that you are using exactly the same coverages and limits for each comparison quote. If you enter different deductibles it’s impossible to make an equal comparison.
When choosing coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help highlight whether your personal situation might need professional guidance.
If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.
Understanding the coverages of your car insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by car insurance companies.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for hospital visits, ambulance fees, surgery, rehabilitation expenses and doctor visits. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible
Comprehensive coverage (or Other than Collision)
This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like damage from getting keyed, falling objects, hitting a deer and vandalism. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability coverage can cover damage that occurs to people or other property that is your fault. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage protects against things like repair bills for other people’s vehicles, funeral expenses, loss of income, legal defense fees and court costs. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your GMC Yukon.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these coverages do not exceed the liability coverage limits.
Collision coverage covers damage to your Yukon resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims like colliding with another moving vehicle, driving through your garage door, sustaining damage from a pot hole, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.