The most effective way to find low-cost prices for car insurance rates in Irvine is to begin comparing prices regularly from providers who can sell car insurance in California.
- Step 1: It will benefit you to learn about how auto insurance works and the factors you can control to keep rates low. Many things that cause rate increases such as at-fault accidents, careless driving, and an unacceptable credit rating can be eliminated by being financially responsible and driving safely. Later in this article we will cover the details to help prevent high rates and get additional discounts that may have been overlooked.
- Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from one company like Progressive or Farmers Insurance, while independent agencies can quote prices for a wide range of companies. Find an Irvine insurance agent
- Step 3: Compare the new rates to your existing coverage to see if cheaper Yukon coverage is available. If you can save some money and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Provide written notification to your current company to cancel your current auto insurance policy and submit a down payment and signed policy application for your new policy. As soon as you have the new policy, keep the new certificate verifying proof of insurance along with your vehicle registration.
One thing to point out is to make sure you enter similar coverage information on every quote request and and to get prices from every company you can. This ensures a fair rate comparison and maximum price selection.
It’s hard to believe, but a large majority of auto insurance policyholders have been with the same company for at least four years, and nearly 40% of drivers have never compared auto insurance rates at all. Many consumers in California could save almost $500 each year just by comparing rates, but they think it’s difficult to find cheaper insurance by shopping around.
If you have insurance now, you will most likely be able to cut your premiums using the techniques covered below. Buying the cheapest insurance in Irvine is easy if you know what you’re doing. Nevertheless, California vehicle owners do need to learn the methods companies use to charge you for coverage and use it to your advantage.
The fastest way that we advise to compare insurance rates from multiple companies is to understand most of the bigger providers will pay a fee to compare rate quotes. All you need to do is provide the companies a bit of rating information such as the ages of drivers, daily mileage, what your job is, and how you use your vehicles. That rating information is instantly submitted to all major companies and they return rate quotes instantly.
To compare cheaper GMC Yukon insurance rates now, click here and see if a lower rate is available in Irvine.
The providers in the list below are ready to provide price quotes in Irvine, CA. If you want cheap car insurance in California, it’s highly recommended you visit several of them to get a more complete price comparison.
Insurance statistics and figures
The price information below covers estimates of coverage prices for GMC Yukon models. Having insight into how premiums are determined can be of help when making smart choices when comparing insurance quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Yukon SLE 2WD||$230||$354||$450||$26||$134||$1,194||$100|
|Yukon SLE 4WD||$230||$354||$450||$26||$134||$1,194||$100|
|Yukon SLT 2WD||$230||$354||$450||$26||$134||$1,194||$100|
|Yukon SLT 4WD||$258||$354||$450||$26||$134||$1,222||$102|
|Yukon Denali 2WD||$258||$418||$450||$26||$134||$1,286||$107|
|Yukon Denali 4WD||$258||$418||$450||$26||$134||$1,286||$107|
|Yukon Hybrid 2WD||$258||$482||$510||$30||$152||$1,432||$119|
|Yukon Hybrid 4WD||$258||$482||$510||$30||$152||$1,432||$119|
|Yukon Hybrid Denali 2WD||$284||$544||$510||$30||$152||$1,520||$127|
|Yukon Hybrid Denali 4WD||$284||$544||$510||$30||$152||$1,520||$127|
|Get Your Own Custom Quote Go|
Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Estimates do not factor in specific location information which can increase or decrease premiums greatly.
Men versus women drivers and insurance cost
The chart below shows the difference between GMC Yukon yearly insurance costs for male and female drivers. The rate quotes are based on no accidents, no driving violations, full coverage, $100 deductibles, single status, and no discounts are applied to the premium.
How much more does full coverage cost?
The diagram below visualizes the comparison of GMC Yukon insurance costs with liability coverage only compared to full coverage. The premium estimates are based on no violations or accidents, $100 deductibles, single status, and no discounts are factored in.
When to drop comp and collision
There is no definitive rule to delete full coverage on your policy, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.
For example, let’s say your GMC Yukon claim settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $4,000 after the deductible is paid. If you are paying more than $400 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are some scenarios where only buying liability is not recommended. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should keep full coverage in place.
Three reasons to not skimp on car insurance
Despite the high insurance cost for a GMC Yukon in Irvine, car insurance is required for several reasons.
First, just about all states have compulsory liability insurance requirements which means the state requires a specific level of liability insurance in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your GMC Yukon has a lienholder, most lenders will stipulate that you buy insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the lender will be forced to insure your GMC for a lot more money and require you to fork over for it.
Third, insurance safeguards both your vehicle and your assets. It will also provide coverage for all forms of medical expenses for not only you but also any passengers injured in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit in the event you are sued. If your GMC gets damaged, your car insurance policy will pay to restore your vehicle to like-new condition.
The benefits of insuring your car greatly outweigh the cost, especially if you ever need it. The average driver in California is overpaying more than $825 a year so shop around at every renewal to make sure the price is not too high.
When to get professional advice
Always remember that when buying adequate coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different and a cookie cutter policy won’t apply.
For example, these questions might point out if your situation would benefit from an agent’s advice.
- Is my teenager covered with friends in the car?
- Should I waive the damage coverage when renting a car?
- Is my custom paint covered by insurance?
- Can I rent a car in Mexico?
- What exactly is covered by my policy?
- Will I be non-renewed for getting a DUI or other conviction?
- Am I covered if I crash into my own garage door?
- Does every company file a SR-22 automatically?
- Should I have combined single limit or split liability limits?
If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.
Car insurance coverage options for a GMC Yukon
Learning about specific coverages of a car insurance policy can help you determine appropriate coverage for your vehicles. Car insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages found on most car insurance policies.
Med pay and Personal Injury Protection (PIP)
Medical payments and Personal Injury Protection insurance reimburse you for expenses for hospital visits, nursing services and X-ray expenses. They are used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your GMC Yukon.
Because many people only carry the minimum required liability limits (California limits are 15/30/5), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are set the same as your liability limits.
This can cover injuries or damage you cause to other’s property or people in an accident. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 15/30/5 which stand for $15,000 in coverage for each person’s injuries, a per accident bodily injury limit of $30,000, and a limit of $5,000 paid for damaged property. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage protects against things like legal defense fees, pain and suffering and attorney fees. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible. California state law requires minimum liability limits of 15/30/5 but drivers should carry more coverage.
The chart below shows why buying the state minimum limits may not be adequate.
Collision insurance covers damage to your Yukon from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as rolling your car, crashing into a building, colliding with another moving vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also increase the deductible on your Yukon in order to get cheaper collision rates.
Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as a tree branch falling on your vehicle, damage from a tornado or hurricane, rock chips in glass, hitting a bird and hitting a deer. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Cheaper auto insurance premiums are possible
Affordable GMC Yukon insurance in Irvine can be bought from both online companies and from local insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who may not offer online quoting and many times these small insurance companies provide coverage only through independent agents.
As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. In many instances, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your objective should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.
To read more, feel free to browse these articles:
- State Laws for Cellphones and Texting (iihs.org)
- How Much is Auto Insurance for Good Students in Irvine? (FAQ)
- What is Gap Insurance? (Insurance Information Institute)
- Where can I buy Insurance? (Insurance Information Institute)
- Teen Driving Statistics (GEICO)
- Winter Driving (Insurance Information Institute)