GMC Yukon Insurance Rates in Indianapolis

We don’t have to tell you that car insurance companies want to keep your business as long as possible. Consumers who get comparison quotes at least once a year are inclined to switch to a new company because of the high probability of getting low-cost coverage. Surprisingly, a recent survey revealed that consumers who compared rates annually saved on average $72 a month compared to other drivers who never compared rates.

If finding low prices for GMC Yukon insurance is your target objective, learning how to quote prices and compare cheaper coverage can help make the process easier and more efficient.

Insurance quote for GMC Yukon in IndianapolisThe best way to find cheaper prices for car insurance rates in Indianapolis is to begin comparing prices regularly from different companies in Indiana.

  1. Spend some time learning about individual coverages and the factors you can control to lower rates. Many rating criteria that cause rate increases such as accidents, traffic tickets, and a not-so-good credit score can be improved by being financially responsible and driving safely. Later in this article we will cover instructions to prevent high rates and find overlooked discounts.
  2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from one company like Progressive or Allstate, while independent agents can give you price quotes from multiple companies.
  3. Compare the new quotes to the premium of your current policy and determine if there is any savings. If you can save money and change companies, make sure coverage is continuous and does not lapse.
  4. Notify your current company to cancel the current policy. Submit any necessary down payment along with the completed application to the new insurer. Make sure you put the certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.

The key thing to know about shopping around is that you’ll want to make sure you compare the same deductibles and limits on every price quote and and to get price estimates from every company you can. Doing this guarantees the most accurate price comparison and a better comparison of the market.

Companies offering affordable GMC Yukon rate quotes in Indianapolis, IN

The following companies offer free quotes in Indianapolis, IN. If the list has multiple companies, we suggest you visit two to three different companies to find the cheapest car insurance rates.

GMC Yukon insurance coverage information

The rate information shown next highlights different insurance costs for GMC Yukon models. Learning more about how prices are formulated can help drivers make decisions when shopping your coverage around.

GMC Yukon Insurance Rates in Indianapolis, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Yukon 2WD $222 $336 $290 $18 $86 $952 $79
Yukon SLE 2WD $222 $336 $290 $18 $86 $952 $79
Yukon 4WD $222 $336 $290 $18 $86 $952 $79
Yukon SLE 4WD $222 $336 $290 $18 $86 $952 $79
Yukon SLT 2WD $222 $336 $290 $18 $86 $952 $79
Yukon SLT 4WD $248 $336 $290 $18 $86 $978 $82
Yukon Denali 2WD $248 $396 $290 $18 $86 $1,038 $87
Yukon Denali 4WD $248 $396 $290 $18 $86 $1,038 $87
Yukon Hybrid 2WD $248 $456 $326 $20 $98 $1,148 $96
Yukon Hybrid 4WD $248 $456 $326 $20 $98 $1,148 $96
Yukon Hybrid Denali 2WD $274 $516 $326 $20 $98 $1,234 $103
Yukon Hybrid Denali 4WD $274 $516 $326 $20 $98 $1,234 $103
Get Your Own Custom Quote Go

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in vehicle garaging location which can alter prices significantly.

Analysis of deductible levels

One common question asked by Indianapolis drivers is how high should the physical damage coverage deductibles be. The premium rates below illustrate the rate fluctuation when you buy lower versus higher insurance deductibles. The first pricing table uses a $250 physical damage deductible and the second set of rates uses a $500 deductible.

GMC Yukon insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Yukon 2WD $244 $366 $280 $16 $84 $1,015 $85
Yukon SLE 2WD $244 $366 $280 $16 $84 $1,015 $85
Yukon 4WD $244 $366 $280 $16 $84 $1,015 $85
Yukon SLE 4WD $244 $366 $280 $16 $84 $1,015 $85
Yukon SLT 2WD $244 $366 $280 $16 $84 $1,015 $85
Yukon SLT 4WD $272 $366 $280 $16 $84 $1,043 $87
Yukon Denali 2WD $272 $430 $280 $16 $84 $1,107 $92
Yukon Denali 4WD $272 $430 $280 $16 $84 $1,107 $92
Yukon Hybrid 2WD $272 $496 $318 $18 $94 $1,223 $102
Yukon Hybrid 4WD $272 $496 $318 $18 $94 $1,223 $102
Yukon Hybrid Denali 2WD $300 $562 $318 $18 $94 $1,317 $110
Yukon Hybrid Denali 4WD $300 $562 $318 $18 $94 $1,317 $110
Get Your Own Custom Quote Go

GMC Yukon insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Yukon 2WD $200 $294 $280 $16 $84 $874 $73
Yukon SLE 2WD $200 $294 $280 $16 $84 $874 $73
Yukon 4WD $200 $294 $280 $16 $84 $874 $73
Yukon SLE 4WD $200 $294 $280 $16 $84 $874 $73
Yukon SLT 2WD $200 $294 $280 $16 $84 $874 $73
Yukon SLT 4WD $222 $294 $280 $16 $84 $896 $75
Yukon Denali 2WD $222 $348 $280 $16 $84 $950 $79
Yukon Denali 4WD $222 $348 $280 $16 $84 $950 $79
Yukon Hybrid 2WD $222 $400 $318 $18 $94 $1,052 $88
Yukon Hybrid 4WD $222 $400 $318 $18 $94 $1,052 $88
Yukon Hybrid Denali 2WD $244 $452 $318 $18 $94 $1,126 $94
Yukon Hybrid Denali 4WD $244 $452 $318 $18 $94 $1,126 $94
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in specific Indianapolis garaging location which can revise premium rates significantly.

Using the data above, we can ascertain that using a $250 deductible will cost in the ballpark of $13 more each month or $156 each year across all GMC Yukon models than choosing the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally average more than 19 months between claim filings, you would probably be better off if you choose a higher deductible.

How to determine when to raise deductibles

Average monthly premium for $250 deductibles: $93
Average monthly premium for $500 deductibles (subtract): – $80
Monthly savings from raising deductible: $13
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $13
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

The illustration below shows how choosing a deductible and can affect GMC Yukon insurance prices for different age groups. The data assumes a married male driver, comp and collision included, and no discounts are factored in.

Safe drivers Indianapolis pay cheaper rates

The example below illustrates how speeding tickets and at-fault collisions increase GMC Yukon car insurance rates for each age group. The rate quotes are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.

Gender-based insurance rates in Indianapolis

The information below shows the comparison of GMC Yukon insurance prices for male and female drivers. Data assumes no claims or driving citations, full physical damage coverage, $1,000 deductibles, marital status is single, and no discounts are factored in.

Price comparison of only insuring for liability

The illustration below illustrates the difference between GMC Yukon insurance prices with and without full coverage. The rates are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are single, and no additional discounts are factored in.

When to eliminate full coverage

There isn’t a written rule for phasing out physical damage insurance, but there is a general guideline you can use. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your GMC Yukon replacement cost is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $6,000 after paying the physical damage deductible. If it’s costing you more than $600 a year to have full coverage, then you might want to think about dropping full coverage.

There are some scenarios where dropping full coverage is not a good idea. If you haven’t paid off your loan, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.

Save Money with These Tips

Lots of factors are considered when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, but some are not as apparent such as whether you are married and annual miles driven.

Shown below are most of the major factors used by companies to determine your rates.

Lower-cost GMC Yukon insurance in Indianapolis

Companies offering auto insurance don’t necessarily list all discounts very clearly, so we break down both well-publicized and also the more inconspicuous ways to save on insurance.Save money with discounts

A little note about advertised discounts, some of the credits will not apply to the whole policy. The majority will only reduce individual premiums such as liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, insurance companies aren’t that generous.

The information below illustrates the difference between GMC Yukon auto insurance rates with and without discounts applied. The costs are based on a male driver, no claims or violations, Indiana state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, claim-free, homeowner, marriage, and multi-policy discounts applied.

If you would like to view insurance companies who offer insurance discounts in Indianapolis, follow this link.

Shop online but buy locally

A small number of people still like to go talk to an agent and we recommend doing that Licensed agents are trained risk managers and help you file claims. The biggest benefit of comparing insurance prices online is you can get the lowest rates and also buy local.

Find insurance agent in IndianapolisBy using this short form, the quote information is sent to local insurance agents that can give you free Indianapolis car insurance quotes for your auto insurance coverage. There is no need to find an agent on your own due to the fact that quote results will go directly to your email. If you wish to get a price quote from a particular provider, don’t hesitate to jump over to their website and fill out their quote form.

Selecting an company needs to be determined by more than just a cheap quote. Some important questions to ask are:

The difference between Indianapolis car insurance agents

If you want to buy auto insurance from a reliable insurance agency, there are two different types of agents that differ in how they can insure your vehicles. Auto insurance agents can either be independent agents or exclusive agents depending on their employer. Both can sell and service auto insurance coverage, but we need to point out the differences because it can impact your selection of an agent.

Exclusive Agencies

These type of agents normally can only provide a single company’s rates like Allstate, Farmers Insurance or State Farm. Exclusive agents cannot provide prices from multiple companies so they have no alternatives for high prices. These agents are usually quite knowledgeable on their company’s products which can be an advantage.

The following are Indianapolis exclusive agencies who can help you get price quotes.

Charlotte Adams-Jones – State Farm Insurance Agent
5034 E 56th StIndianapolis, IN 46226(317) 252-5933View Map

6124 N College AveIndianapolis, IN 46220(317) 255-2700View Map

6120 E Thompson Rd Ste BIndianapolis, IN 46237(317) 802-1550View Map

More Indianapolis agents

Independent Agents (or Brokers)

Agents that elect to be independent are not required to write business for one company so they can insure your vehicles through many companies and find you the best rates. To move your coverage to a new company, the agent simply finds a different carrier and you don’t have to do anything. If you are comparing auto insurance prices, you should always get rate quotes from a few independent agents so that you have a good selection of quotes to compare.

The following is a list of independent agencies in Indianapolis willing to provide price quotes.

2425 N Meridian StIndianapolis, IN 46208(317) 923-7722View Map

8365 Keystone Crossing #202Indianapolis, IN 46240(317) 334-3743View Map

9801 Fall Creek Rd #156Indianapolis, IN 46256(317) 476-6141View Map

More Indianapolis agents

There’s no such thing as the perfect insurance policy

When it comes to the best insurance coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different.Higher deductibles save money

Here are some questions about coverages that may help highlight if your situation might need an agent’s assistance.

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 agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and you can get the answers you need.

Cheaper insurance is a realistic goal

We just presented many ideas to compare GMC Yukon insurance prices in Indianapolis. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may even be surprised to find that the best prices are with an unexpected company.

Drivers leave their current company for a variety of reasons including high rates after DUI convictions, delays in responding to claim requests, policy non-renewal or delays in paying claims. Whatever your reason, finding a new insurance company is not as difficult as it may seem.

When shopping online for insurance, it’s a bad idea to buy poor coverage just to save money. There have been many cases where an insured cut comprehensive coverage or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy enough coverage at the best possible price while still protecting your assets.

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