How Much Does 2017 GMC Yukon XL Insurance Cost in 2024?

Trying to find better insurance rates for your GMC Yukon XL? Searching for better insurance prices for a GMC Yukon XL can be an all-consuming task, but you can learn our insurance buying tips and make it easy.

There are both good and bad ways to compare insurance rates so we’re going to tell you the best way to get price quotes for your GMC and obtain the lowest possible price either online or from local insurance agents.

You should take the time to do price comparisons before your next renewal since prices are usually higher with each renewal. Just because you found the best deal on Yukon XL coverage a year ago other companies may now be cheaper. There is a lot of bad information regarding insurance out there, but in just a couple of minutes you can learn some good information on how to lower your insurance rates.

If you have a current auto insurance policy or need new coverage, you can use this information to cut your premiums while maximizing coverage. Locating the best protection can be fairly easy. Drivers just need to learn the tricks to shop their coverage around on the web.

The fastest way that we advise to compare car insurance company rates takes advantage of the fact almost all companies allow for online access to compare their rates. To get started, all you need to do is give them some information like your education level, whether or not you need a SR-22, which vehicles you own, and daily mileage. Your details is sent automatically to multiple car insurance providers and you should receive rate quotes instantly.

To start a rate quote now, click here and see if a lower rate is available.

Do you qualify for discounts?

Some insurers don’t always list every available discount in an easy-to-find place, so we researched a few of the more well known and the more hidden discounts that may be available.

• Accident Free – Drivers who stay claim-free have much lower rates compared to policyholders that have many claims.
• Student in College – College-age children who live away from home to go to college and leave their car at home may qualify for this discount.
• Professional Organizations – Belonging to a professional or civic organization could trigger savings when shopping for car insurance.
• Sign Online – Many larger companies give back up to $50 just for signing your application on the web.
• Discounts for Cautious Drivers – Insureds who avoid accidents can save as much as half off their rates on Yukon XL coverage compared to accident prone drivers.
• Government Employees – Active or retired federal employment may reduce rates when you quote insurance coverage on Yukon XL coverage depending on your car insurance provider.
• First Accident Forgiveness – Not necessarily a discount, but certain companies will forgive one accident before they charge you more for coverage if your claims history is clear before the accident.
• Lower Rates for Military – Being on active deployment in the military could trigger a small discount.
• Multi-car Discount – Buying a policy with multiple cars on one policy can reduce rates for all insured vehicles.

Don’t be shocked that most discounts do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as comprehensive or collision. Even though the math looks like you could get a free car insurance policy, it just doesn’t work that way. Any qualifying discounts will help lower the amount you pay for coverage.

Larger car insurance companies and some of their more popular discounts are:

• 21st Century policyholders can earn discounts including good student, automatic seat belts, theft prevention, defensive driver, and early bird.
• Progressive has savings for homeowner, continuous coverage, good student, multi-policy, multi-vehicle, and online quote discount.
• State Farm offers discounts for accident-free, Drive Safe & Save, good driver, anti-theft, defensive driving training, and passive restraint.
• Nationwide includes discounts for accident-free, family plan, Farm Bureau membership, easy pay, and business or organization.
• Esurance discounts include claim free, online quote, good driver, defensive driver, multi-policy, good student, and Switch & Save.
• The Hartford may offer discounts for vehicle fuel type, good student, driver training, anti-theft, air bag, defensive driver, and bundle.

Check with every prospective company how many discounts you can get. Depending on the company, some discounts may not be offered in your state.

Don’t assume everyone needs the same auto insurance coverage

When it comes to choosing the right insurance coverage, there really is not a one size fits all plan. Everyone’s situation is a little different.

For instance, these questions might point out whether or not you could use an agent’s help.

• Should I put collision coverage on all my vehicles?
• Is my trailer covered?
• Is a new car covered when I drive it off the dealer lot?
• When does my teenage driver need to be added to my policy?
• How does medical payments coverage work?
• Can I rent a car in Mexico?
• Does my policy cover me when driving someone else’s vehicle?
• Does my policy cover my teen driver if they drive my company car?
• Is my GMC Yukon XL covered if I use it for business?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, fill out your zip code. It is quick, free and can provide invaluable advice.

Why you might pay higher rates

Many different elements are part of the equation when premium rates are determined. Some are pretty understandable such as traffic violations, but some are more transparent like your continuous coverage and annual miles driven. Part of the car insurance buying process is learning the factors that help determine the level of your policy premiums. When you know what positively or negatively influences your rates, this enables informed choices that may result in cheaper rates.

The list below includes most of the major factors utilized by car insurance companies to help set premiums.

• Use but don’t abuse your insurance – If you tend to file frequent claims, you should expect either a policy non-renewal or much higher rates. Insurance companies award most affordable rates to insureds who are claim-free. Auto insurance is intended for larger claims.
• Guys pay higher costs – Over time, data shows that females tend to be a little less risky than males. The data does not necessarily mean that women are BETTER drivers than men. They both tend to get into at-fault accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.
• Teenage drivers are expensive to insure – Older drivers are more cautious drivers, file fewer claims . Drivers with little experience have a tendency to be easily distracted in a vehicle so car insurance rates are higher.
• High physical damage deductibles lower rates – The deductibles are the amount of money you are willing to pay if a covered claim is submitted. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some examples of claims that would be covered are collision with another vehicle, collision with a deer, and damage from wind. The higher the amount you’re willing to pay, the less money you will pay for car insurance on Yukon XL coverage.
• Credit rating impacts premium premiums – Credit score is a big factor in determining your rates. Insureds with excellent credit tend to be better drivers and file fewer claims than drivers with lower ratings. If your credit rating is not that good, you could pay less to insure your 2017 GMC Yukon XL if you clean up your credit.
• Job and insurance rates – Occupations such as fire fighters, air traffic controllers and financial analysts tend to pay higher premium rates attributed to intense work requirements and lots of time spent away from family. On the flip side, careers such as scientists, historians and retirees pay lower than average rates on Yukon XL coverage.
• Defend yourself with liability insurance – A critical coverage on your policy, liability insurance will afford coverage if ever you are ruled to be at fault for physical damage or personal injury to other. Your liability coverage provides for a legal defense to defend your case. This coverage is relatively inexpensive when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.

Misconceptions in auto insurance advertisements

Drivers can’t get away from all the ads for the lowest price auto insurance by 21st Century, Allstate and State Farm. All the companies convey the message that you’ll save big just by moving your auto insurance policy to them.

How is it plausible that every one can offer you a better deal? Just pay attention to how they say it.

Many companies look for specific characteristics for the right customer that will not have excessive claims. An example of this type of driver could be over the age of 45, owns a home, and drives newer vehicles. Any new insured who fits that profile receive the lowest rate quotes and as a result will probably save a lot of money.

Potential customers who do not match this stringent profile will have to pay higher premium rates and this can result in business going elsewhere. If you listen to the ad wording, they say “customers that switch” but not “all drivers who get quotes” save that much when switching. That’s why companies can make claims like that.

Because each company has a different risk profile, you really need to compare price quotes frequently. It’s not possible to predict which auto insurance company will fit your personal profile best.

Car insurance coverage information

Having a good grasp of your insurance policy helps when choosing the best coverages for your vehicles. Policy terminology can be confusing and coverage can change by endorsement.

Liability auto insurance – This can cover injuries or damage you cause to other’s property or people that is your fault. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

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 limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like medical expenses, loss of income, court costs, attorney fees and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, damage from a tornado or hurricane, falling objects, damage from getting keyed and a tree branch falling on your vehicle. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like doctor visits, prosthetic devices and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your GMC Yukon XL.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liability limits.

Collision – This pays for 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 things like crashing into a ditch, crashing into a building, sustaining damage from a pot hole, damaging your car on a curb and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

More quotes mean more savings

Drivers who switch companies do it for many reasons like delays in responding to claim requests, unfair underwriting practices, extreme rates for teen drivers or even an unsatisfactory settlement offer. No matter why you want to switch, finding a new car insurance company is easier than you think.

When you buy insurance coverage online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are many occasions where an accident victim reduced comprehensive coverage or liability limits only to discover later that it was a big error on their part. The proper strategy is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

You just learned a lot of information how to shop for 2017 GMC Yukon XL insurance online. The key concept to understand is the more you quote insurance coverage, the higher the chance of saving money. Consumers may even find the most savings is with a lesser-known regional company.