Scraping up a payment for pricey GMC Yukon insurance in Tulsa can drain your budget and force you to make tough financial choices.
Sadly, most drivers have been with the same company for at least four years, and almost 40% of drivers have never compared rate quotes at all. Most drivers in Oklahoma can cut their rates by almost 35% a year by just comparing quotes, but they mistakenly think it’s difficult to compare rates.
Steps to finding cheaper GMC Yukon insurance in Tulsa
Truthfully, the best way to find low-cost GMC Yukon insurance in Tulsa is to do an annual price comparison from different companies that insure vehicles in Oklahoma. This can be done by completing these steps.
- Step 1: Learn about how companies set rates and the things you can control to drop your rates. Many risk factors that drive up the price like getting speeding tickets and a negative credit rating can be remedied by being financially responsible and driving safely.
- Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like Progressive or Allstate, while independent agents can quote prices for a wide range of insurance providers. View prices
- Step 3: Compare the new rate quotes to the price on your current policy to see if switching to a new carrier will save money. If you can save some money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
One key aspect of rate comparisons is to use identical coverages on each quote request and to quote with as many auto insurance providers as possible. Doing this enables a level playing field and the best price selection.
Many car insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurers and get the best coverage at the cheapest price on GMC Yukon insurance in Tulsa.
If you have coverage now or are just looking to switch companies, follow these tips to get lower rates without sacrificing coverage. Buying affordable car insurance in Tulsa is not that difficult as long as you know where to start. Vehicle owners only need an understanding of the most effective way to find the lowest price online.
Companies offering low-cost GMC Yukon prices in Tulsa, OK
The providers in the list below are ready to provide quotes in Oklahoma. If multiple companies are listed, we recommend you compare several of them to find the most affordable auto insurance rates.
GMC Yukon insurance charts and tables
The premium information displayed below covers a range of prices for GMC Yukon models. Having a good understanding how car insurance premiums are determined helps drivers make decisions when shopping your coverage around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Yukon SLE 2WD||$306||$532||$584||$34||$174||$1,630||$136|
|Yukon SLE 4WD||$306||$532||$584||$34||$174||$1,630||$136|
|Yukon SLT 2WD||$306||$532||$584||$34||$174||$1,630||$136|
|Yukon SLT 4WD||$340||$532||$584||$34||$174||$1,664||$139|
|Yukon Denali 2WD||$340||$628||$584||$34||$174||$1,760||$147|
|Yukon Denali 4WD||$340||$628||$584||$34||$174||$1,760||$147|
|Yukon Hybrid 2WD||$340||$722||$658||$38||$198||$1,956||$163|
|Yukon Hybrid 4WD||$340||$722||$658||$38||$198||$1,956||$163|
|Yukon Hybrid Denali 2WD||$374||$816||$658||$38||$198||$2,084||$174|
|Yukon Hybrid Denali 4WD||$374||$816||$658||$38||$198||$2,084||$174|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Information does not factor in zip code location which can decrease or increase price quotes noticeably.
Physical damage deductible comparison
One frequently asked question is how high should your deductibles be. The following tables illustrate the cost difference when you buy lower versus higher coverage deductibles. The first data table uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Yukon SLE 2WD||$436||$698||$448||$26||$134||$1,767||$147|
|Yukon SLE 4WD||$436||$698||$448||$26||$134||$1,767||$147|
|Yukon SLT 2WD||$436||$698||$448||$26||$134||$1,767||$147|
|Yukon SLT 4WD||$486||$698||$448||$26||$134||$1,817||$151|
|Yukon Denali 2WD||$486||$822||$448||$26||$134||$1,941||$162|
|Yukon Denali 4WD||$486||$822||$448||$26||$134||$1,941||$162|
|Yukon Hybrid 2WD||$486||$946||$506||$30||$152||$2,145||$179|
|Yukon Hybrid 4WD||$486||$946||$506||$30||$152||$2,145||$179|
|Yukon Hybrid Denali 2WD||$536||$1070||$506||$30||$152||$2,319||$193|
|Yukon Hybrid Denali 4WD||$536||$1070||$506||$30||$152||$2,319||$193|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Yukon SLE 2WD||$242||$368||$448||$26||$134||$1,218||$102|
|Yukon SLE 4WD||$242||$368||$448||$26||$134||$1,218||$102|
|Yukon SLT 2WD||$242||$368||$448||$26||$134||$1,218||$102|
|Yukon SLT 4WD||$270||$368||$448||$26||$134||$1,246||$104|
|Yukon Denali 2WD||$270||$432||$448||$26||$134||$1,310||$109|
|Yukon Denali 4WD||$270||$432||$448||$26||$134||$1,310||$109|
|Yukon Hybrid 2WD||$270||$498||$506||$30||$152||$1,456||$121|
|Yukon Hybrid 4WD||$270||$498||$506||$30||$152||$1,456||$121|
|Yukon Hybrid Denali 2WD||$296||$564||$506||$30||$152||$1,548||$129|
|Yukon Hybrid Denali 4WD||$296||$564||$506||$30||$152||$1,548||$129|
|Get Your Own Custom Quote Go|
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Estimates do not factor in vehicle location which can lower or raise prices significantly.
Based on the above data, using a $100 deductible will cost you about $52 more each month or $624 for a full year than quoting the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 17 months between claim filings, you would come out ahead if you choose a higher deductible.
How to determine when to raise your deductibles
|Average monthly premium for $100 deductibles:||$163|
|Average monthly premium for $1,000 deductibles (subtract):||– $111|
|Monthly savings from raising deductible:||$52|
|Difference between deductibles ($1,000 – $100):||$900|
|Divide difference by monthly savings:||$900 / $52|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||17 months|
One big caveat is that increasing deductibles to lower your rates means you will have to pay more of your own money when you have a physical damage claim. That will require some available funds in the event you have to pay the deductible.
The information below illustrates how your deductible choice and can increase or decrease GMC Yukon premium costs for different age groups. The rate quotes are based on a single female driver, full physical damage coverage, and no discounts are applied.
Safe drivers pay less for car insurance
The chart below illustrates how traffic citations and accidents drive up GMC Yukon insurance premiums for each different age category. The premium estimates are based on a married female driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.
Car insurance rates by age and gender
The chart below illustrates the difference between GMC Yukon insurance prices for male and female drivers. The rate quotes are based on no violations or claims, full physical damage coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.
Cost of full coverage in Tulsa
The information below illustrates the comparison of GMC Yukon insurance costs with full coverage and liability only. The data assumes no accidents or driving violations, $1,000 deductibles, single marital status, and no other discounts are factored in.
When to drop full coverage
There is no set guideline for excluding physical damage insurance, but there is a general convention. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let’s assume your GMC Yukon replacement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $3,000 after the policy deductible has been paid. If it’s costing in excess of $300 a year to have full coverage, then you might want to consider buying only liability coverage.
There are some circumstances where removing full coverage is not in your best interest. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.
Do you qualify for these eight discounts?
Insuring your fleet can be pricey, but there could be significant discounts that can drop the cost substantially. Most are applied when you complete an application, but once in a while a discount must be specifically requested in order for you to get them.
- Multi-Vehicle Discounts – Drivers who insure more than one vehicle with one company may reduce the rate for each vehicle.
- Resident Student – Any of your kids who are enrolled in a college that is more than 100 miles from Tulsa without a vehicle on campus could get you a discount.
- 55 and Retired – If you’re over the age of 55, you can get a discount up to 10%.
- Savings for New Vehicles – Insuring a vehicle that is new can get you a discount compared to insuring an older model.
- Early Renewal Discounts – Some insurance companies provide a discount for buying a policy early. Ten percent is about the average savings.
- Low Miles Discount – Driving fewer miles could qualify for better car insurance rates on cars that stay parked.
- Discount for Good Grades – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
- Paperwork-free – Many larger companies provide a small discount for buying your policy over the internet.
Keep in mind that most discounts do not apply to the whole policy. Most only apply to individual premiums such as liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
The diagram below visualizes the comparison of GMC Yukon insurance rates with and without discounts applied. The price estimates are based on a female driver, no claims, a clean driving record, Oklahoma state minimum liability limits, comp and collision included, and $1,000 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, multi-policy, and marriage discounts applied.
Large car insurance companies and their offered discounts are shown below.
- GEICO includes discounts for anti-theft, defensive driver, anti-lock brakes, federal employee, five-year accident-free, daytime running lights, and seat belt use.
- Travelers offers discounts for new car, student away at school, multi-policy, payment discounts, home ownership, and continuous insurance.
- Farm Bureau offers premium reductions for good student, 55 and retired, renewal discount, youthful driver, multi-policy, multi-vehicle, and safe driver.
- Liberty Mutual may include discounts for new vehicle discount, multi-policy, new move discount, hybrid vehicle, and preferred payment discount.
- American Family has savings for accident-free, bundled insurance, defensive driver, early bird, and multi-vehicle.
- Progressive policyholders can earn discounts including good student, homeowner, online quote discount, multi-policy, online signing, multi-vehicle, and continuous coverage.
If you want low cost Tulsa auto insurance quotes, ask all companies you are considering what discounts are available to you. Discounts may not apply in every state. To see insurance companies offering car insurance discounts in Oklahoma, follow this link.
Insurance is unique, just like you
When selecting insurance from an agent or online for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that may help highlight if your insurance needs would benefit from an agent’s advice.
- Do I have coverage when making deliveries for my home business?
- Who sells insurance for high-risk drivers?
- Am I covered if I drive in a foreign country?
- I have health insurance so do I need medical payments coverage?
- Is a new car covered when I drive it off the dealer lot?
- Does my GMC Yukon need full coverage?
- Will my rates increase for filing one claim?
- Which is better, split liability limits or combined limits?
If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and can provide invaluable advice.
Get rate quotes but buy from a local Tulsa insurance agent
Some people still like to go talk to an agent and we recommend doing that Most agents will help you protect your assets and help submit paperwork. The best thing about price shopping on the web is you may find cheap insurance rates but still work with a licensed agent. Buying from neighborhood agents is important particularly in Tulsa.
To help locate an agent, after submitting this short form, your insurance data is instantly submitted to local insurance agents that can provide free Tulsa auto insurance quotes for your coverage. It makes it easy because there is no need to search for any insurance agencies since rate quotes are delivered straight to your inbox. In the event you want to get a comparison quote from a particular provider, you would need to find their quoting web page and give them your coverage information.
If you want to use a local insurance agency, it helps to know the two types of agencies that you can select. Insurance policy providers can be described as either independent or exclusive. Both types of agents can insure your vehicles properly, but it’s good to learn the subtle differences since it could factor into your selection of an agent.
Independent Insurance Agents
Agents that choose to be independent can quote rates with many companies and that enables them to quote your coverage with an assortment of companies and find you the best rates. To move your coverage to a new company, they simply switch companies in-house without you having to go to a different agency. If you are trying to find cheaper rates, you need to get rate quotes from independent agents so that you can do a thorough price comparison.
Shown below is a partial list of independent agents in Tulsa who may be able to give you cheap rate quotes.
Agents of this type can only provide one company’s prices like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot provide other company’s prices so you might not find the best rates. Exclusive agencies receive extensive training on their company’s products which helps them compete with independent agents.
Shown below are exclusive insurance agencies in Tulsa willing to provide comparison quotes.
Picking the best car insurance agent is decision based upon more than just the premium amount. The questions below may impact your decision as well.
- Do they offer accident forgiveness?
- Do they specialize in personal lines coverage in Tulsa?
- Do the agents have professional certifications like CPCU or CIC?
- How experienced are they in personal risk management?
- Can glass claims be handled at your home?
- Is there any savings for paying the full premium?
- How long has the business existed?
If you get acceptable answers to your questions as well as a affordable price, it’s possible that you found an insurance agency that is a good match to adequately provide insurance.
Learn about car insurance coverages for a GMC Yukon
Having a good grasp of your car insurance policy can be of help when determining appropriate coverage for your vehicles. Car insurance terms can be difficult to understand and coverage can change by endorsement.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for expenses like funeral costs, nursing services and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your GMC Yukon.
Due to the fact that many Oklahoma drivers only carry the minimum required liability limits (Oklahoma limits are 25/50/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually these limits are identical to your policy’s liability coverage.
Liability coverages – Liability insurance will cover damage that occurs to a person or their property that is your fault. It protects you against claims from other people. It does not cover your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage protects against things like court costs, funeral expenses, repair bills for other people’s vehicles and medical services. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible. Oklahoma state minimum liability requirements are 25/50/25 but it’s recommended drivers buy more liability than the minimum.
The illustration below demonstrates why minimum state limits may not be adequate.
Collision coverage – This pays for damage to your Yukon resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as damaging your car on a curb, sideswiping another vehicle, crashing into a building, colliding with a tree and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also increase the deductible on your Yukon in order to get cheaper collision rates.
Comprehensive auto coverage – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims like rock chips in glass, hitting a bird and hail damage. 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 not worth carrying full coverage.
One last thing about your coverage
We just covered quite a bit of information on how to save on GMC Yukon insurance in Tulsa. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the most savings is with a small local company.
As you quote Tulsa auto insurance, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice liability limits or collision coverage and discovered at claim time that the savings was not a smart move. Your strategy should be to buy the best coverage you can find at the best cost.
There are still a few companies who may not offer rates over the internet and these small insurance companies only sell coverage through independent agents. Affordable GMC Yukon insurance in Tulsa is attainable from both online companies as well as from insurance agents, and you should compare price quotes from both in order to have the best chance of saving money.
Steps to buying low-cost GMC Yukon insurance in Tulsa
If you want to save money, the best way to get budget GMC Yukon insurance in Tulsa is to do an annual price comparison from insurance carriers that sell auto insurance in Oklahoma.
Step 1: Try to understand auto insurance and the measures you can take to prevent rate increases. Many policy risk factors that cause rate increases like at-fault accidents, careless driving, and bad credit can be remedied by improving your driving habits or financial responsibility.
Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from one company like GEICO or Farmers Insurance, while independent agents can give you price quotes for many different companies.
Step 3: Compare the new rates to the premium of your current policy and see if there is a cheaper rate. If you find a lower rate quote and change companies, make sure there is no coverage gap between policies.
Step 4: Give notification to your current company of your intent to cancel your current auto insurance policy. Submit a completed application and payment to your new agent or company. Immediately keep the new certificate of insurance above your visor, in the console, or in the glove compartment.
A good piece of advice is that you’ll want to make sure you compare the same level of coverage on each quote and and to get rates from as many different companies as possible. Doing this ensures a fair price comparison and the best rate selection.
Much more information about auto insurance in Oklahoma is available at these links:
- Anti-Lock Brake FAQ (iihs.org)
- Who Has the Cheapest Tulsa Auto Insurance for 19 Year Olds? (FAQ)
- Who Has the Cheapest Auto Insurance for a Company Car in Tulsa? (FAQ)
- Who Has the Cheapest Tulsa Auto Insurance for Drivers with Good Credit? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a 20 Year Old Female in Tulsa? (FAQ)
- Who Has Affordable Auto Insurance for a Jeep Wrangler in Tulsa? (FAQ)
- Airbag FAQ (iihs.org)
- Distracted Driving (Insurance Information Institute)