View 1994 GMC Yukon Car Insurance Rates

Searching for low-cost insurance for your GMC Yukon can normally be a painful process, but you can learn a few tricks to find lower rates.

There are more efficient ways to compare insurance rates so we’re going to tell you the absolute fastest way to compare rates for a new or used GMC and find the lowest possible price from both online companies and local agents.

It’s a good habit to quote other rates every six months since insurance prices change quite often. Just because you had the best quotes on Yukon insurance a year ago you will most likely find a better rate today. Ignore everything you know about insurance because we’re going to show you the proper way to save money, get proper coverage and the best rates.

Seven factors that impact insurance prices

One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that are used to determine car insurance rates. If you have some idea of what controls the rates you pay, this allows you to make good choices that can earn you lower premium levels.

Listed below are some of the items used by insurance companies to determine your prices.

  • Lower rates with uninterrupted coverage – Driving your car without having proper coverage can get you a ticket and any future policy may cost more because you let your insurance lapse. And not only will your rates increase, being ticketed for driving with no insurance could earn you fines or a revoked license.
  • If you don’t need it don’t buy it – Insurance companies have many add-on coverages that can add up on your car insurance policy. Insurance for things like rental car coverage, towing, and additional equipment coverage may be wasting your money. These may sound like a good investment when discussing your needs, but if you’ve never needed them in the past remove them and pocket the money.
  • Vehicles with better crash test results mean better car insurance rates – Vehicles that have high safety ratings cost less to insure. Safe vehicles protect occupants better and lower injury rates translates into fewer and smaller insurance claims and cheaper rates on your policy.
  • More traffic equals higher rates – Choosing to live in areas with lower population may provide you with better prices when trying to find low car insurance rates. Fewer drivers means fewer accidents in addition to fewer liability claims. Drivers who live in large cities regularly have traffic congestion and more time behind the wheel. Longer commute distances statistically corresponds to a higher accident and claim rate.
  • Liability protection is peace of mind – Liability insurance is the protection if ever a court rules you are at fault for causing damage or personal injury in an accident. This coverage provides you with a defense in court starting from day one. It is affordable coverage compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
  • Single vs. married – Having a significant other may earn you lower rates when shopping for car insurance. Marriage means you’re more stable financially and statistics show being married results in fewer claims.
  • Keep policy claims to a minimum – If you file claims often, you should expect much higher rates or policy non-renewal. Auto insurance companies give discounts to drivers who do not file claims often. Your insurance policy is designed for claims that pose a financial burden.

The quickest method to compare car insurance company rates is to know the trick car insurance companies provide online access to provide you with free rate quotes. To start a quote, the only thing you need to do is provide information like if the car is leased, an estimate of your credit level, any included safety features, and if you have an active license. That information gets transmitted to many highly-rated insurers and you will get price comparisons very quickly.

If you would like to compare rates now, click here and enter your zip code.

Find hidden discounts on auto insurance

Some companies do not list all disounts very clearly, so we researched a few of the more common as well as some of the hidden discounts that you may qualify for.

  • Fewer Miles Equal More Savings – Keeping the miles down on your GMC can qualify you for slightly better rates than normal.
  • ABS Braking Discount – Cars and trucks equipped with ABS or steering control are much safer to drive and the ABS can save up to 10%.
  • E-sign Discounts</strong – Certain insurance companies will give you a small discount for buying your policy on your computer.
  • Senior Citizen Rates – If you’re over the age of 55, you may receive a small decrease in premiums on Yukon insurance.
  • Include Life Insurance and Save – Larger insurance carriers have a discount if you purchase some life insurance in addition to your auto policy.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to use a seat belt can save a little off the personal injury premium cost.
  • First Accident Forgiveness – This one isn’t a discount, but a handful of insurance companies allow you one accident before they charge you more for coverage with the catch being you have to be claim-free for a certain period of time.
  • Good Students Pay Less – Excelling in school could provide a savings of up to 20% or more. The good student discount can last up until you turn 25.
  • Early Renewal Discounts – Some insurance companies reward drivers for switching policies before your current coverage expires. You could save around 10% when you buy insurance online.

A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as comp or med pay. Despite the fact that it seems like adding up those discounts means a free policy, companies don’t profit that way.

A partial list of companies who might offer some of the above discounts include:

Before buying, ask each company how you can save money. Depending on the company, some discounts may not be offered in your area. To see providers that have a full spectrum of discounts, follow this link.

Tailor your auto insurance coverage to you

When choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help you determine if your situation may require specific advice.

  • Am I covered if I crash into my own garage door?
  • Am I covered when driving someone else’s vehicle?
  • How much liability insurance is required?
  • Do I need replacement cost coverage?
  • Which companies will insure high-risk drivers?
  • What companies insure drivers after a DUI or DWI?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. To find an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance 101

Having a good grasp of a insurance policy can help you determine the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and coverage can change by endorsement.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as ambulance fees, hospital visits, X-ray expenses, dental work and prosthetic devices. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

UM/UIM Coverage

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your GMC Yukon.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hitting a bird, vandalism and damage from flooding. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision insurance

Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like scraping a guard rail, damaging your car on a curb, colliding with a tree, hitting a mailbox and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability

This protects you from damages or injuries you inflict on other people or property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use a combined limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as medical services, funeral expenses, attorney fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

And the best car insurance company is…

Some auto insurance companies do not provide internet price quotes small, regional companies only sell coverage through independent agencies. Cheaper 1994 GMC Yukon insurance can be purchased from both online companies and from local insurance agents, and you need to comparison shop both to have the best selection.

You just learned a lot of information how to compare 1994 GMC Yukon insurance rates online. The key concept to understand is the more quotes you get, the better likelihood of getting affordable insurance. Drivers may discover the best price on auto insurance is with the least-expected company.

When you buy insurance online, it’s a bad idea to sacrifice coverage to reduce premiums. In too many instances, an insured cut liability coverage limits only to find out that it was a big mistake. Your goal is to get the best coverage possible at the lowest possible cost while not skimping on critical coverages.

Additional information is available at these links:

Comments About 1994 GMC Yukon Insurance

  1. Shanda Moody

    If you have a good history and live in the vicinity of Cedar Rapids, Iowa, check out Progressive. They seem to be cheaper. I get multi-vehicle and multi-policy discounts.

  2. Jenae Patrick

    Well-written and thought out article. Checking in from Birmingham, Alabama. Quoted with GEICO, Erie, and The General for my Yukon and saved just over $80 a year. I have several vehicles insured with them. I got a quote from their website. I dropped full coverage awhile back.

  3. Eleanor Swanson

    Found cheapest coverage with The General for my Yukon and saved around $100 a year. Thankfully I have a good driving record.

  4. Coletta Avila

    Affordable car insurance is a myth. Lifelong resident of Dallas, TX. Quoted with Travelers, AIG Insurance, GMAC, and MetLife for my Yukon and I’m now saving $10 a month. Not sure about claim service.

  5. Fidel Burton

    This is too expensive. I’m from Montgomery, AL. Received quotes with 21st Century, Eastwood, and Liberty Mutual for my 1994 GMC Yukon and saved just over $100 a year. I used their online quote form to compare rates.

  6. Jerry Huber

    I live south of Montgomery, AL. Quoted prices online for a 1994 GMC Yukon. Ended up at about $70 savings annually. Went with State Farm.

  7. Hallie Hess

    In Grand Rapids, MI, AAA had the best rates for my 1994 GMC Yukon. Not worth enough to pay for comprehensive and collision.

  8. Claris Sherman

    Do I have to have car insurance in Alabama?

  9. Sharita Dotson

    Will State Farm raise rates after an accident?

  10. Kim Reese

    I live in a small town just outside of Columbia, South Carolina. Compared rates from a lot of places. Saved right around $30 a month. 21st Century was the cheapest option for me. Even increased coverage a bit. I only have liability coverage on it.

  11. Shanti Faulkner

    I’ve bought from Allstate forever. Cheapest rates in North Charleston, SC.

  12. Dulcie Lucas

    I compared a lot of rate quotes for a 1994 GMC Yukon in Phoenix, AZ. Ended up at roughly $70 every six months with AIG Insurance. I recommend comparing lots of rates.