If saving the most money is your goal, then the best way to get discount auto insurance rates is to do a yearly price comparison from different companies who provide auto insurance in San Jose.
- First, take a few minutes and learn about how your policy works and the measures you can control to prevent expensive coverage. Many factors that drive up the price like traffic tickets, fender benders, and an unacceptable credit score can be rectified by making lifestyle changes or driving safer. Read the full article for more information to get better rates and find additional discounts.
- Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or State Farm, while independent agents can quote prices from multiple companies.
- Third, 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 decide to switch, make sure coverage does not lapse between policies.
An important part of this process is to make sure you enter the same physical damage deductibles and liability limits on every price quote and and to get price estimates from every insurance company. This helps ensure a fair price comparison and the best price selection.
A recent survey discovered that the vast majority of California auto insurance customers have bought auto insurance from the same company for at least four years, and virtually 40% of consumers have never compared rates from other carriers. The average driver in the United States can cut their rates by approximately 47% a year by just shopping around, but they assume it’s a waste of time to compare rates.
If you have auto insurance now, you will surely be able to buy cheaper auto insurance using the concepts you’re about to learn. Locating more affordable policy in San Jose is quite easy. But California car owners benefit from understanding the methods companies use to compete online because it varies considerably.
How to buy GMC Yukon insurance online
When price shopping your coverage, quoting more helps you find a better price.
The providers in the list below are our best choices to provide free rate quotes in San Jose, CA. If multiple companies are shown, it’s highly recommended you visit as many as you can in order to find the lowest rates.
Why you need Yukon insurance in California
Even though it’s not necessarily cheap to insure a GMC in San Jose, paying for auto insurance serves several important purposes.
First, just about all states have minimum liability requirements which means you are required to carry a minimum amount of liability insurance coverage in order to license the vehicle. 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 Yukon has a lienholder, most banks will require that you buy full coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the lender will be forced to insure your GMC at a more expensive rate and require you to pay for the expensive policy.
Third, auto insurance preserves not only your GMC Yukon but also your assets. It will also cover most medical and hospital costs for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of an accident. If your GMC gets damaged, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your Yukon greatly outweigh the cost, particularly when you have a large claim. On average, a vehicle owner in San Jose overpays more than $869 every year so compare rate quotes at least once a year to ensure rates are inline.
Rates and information analytics
The table displayed next outlines estimates of insurance coverage prices for GMC Yukon models. Having insight into how insurance prices are calculated can be of help when making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yukon 2WD | $234 | $416 | $534 | $32 | $160 | $1,376 | $115 |
| Yukon SLE 2WD | $234 | $416 | $534 | $32 | $160 | $1,376 | $115 |
| Yukon 4WD | $234 | $416 | $534 | $32 | $160 | $1,376 | $115 |
| Yukon SLE 4WD | $234 | $416 | $534 | $32 | $160 | $1,376 | $115 |
| Yukon SLT 2WD | $234 | $416 | $534 | $32 | $160 | $1,376 | $115 |
| Yukon SLT 4WD | $260 | $416 | $534 | $32 | $160 | $1,402 | $117 |
| Yukon Denali 2WD | $260 | $490 | $534 | $32 | $160 | $1,476 | $123 |
| Yukon Denali 4WD | $260 | $490 | $534 | $32 | $160 | $1,476 | $123 |
| Yukon Hybrid 2WD | $260 | $564 | $604 | $36 | $180 | $1,644 | $137 |
| Yukon Hybrid 4WD | $260 | $564 | $604 | $36 | $180 | $1,644 | $137 |
| Yukon Hybrid Denali 2WD | $286 | $638 | $604 | $36 | $180 | $1,744 | $145 |
| Yukon Hybrid Denali 4WD | $286 | $638 | $604 | $36 | $180 | $1,744 | $145 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Price information does not factor in specific location which can revise premium rates substantially.
Physical damage deductibles: Should you raise them?
One of the most common auto insurance questions is how high should your deductibles be. The comparison tables below summarize the rate difference when you buy lower versus higher coverage deductibles. The first table uses a $100 physical damage deductible and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yukon 2WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Yukon SLE 2WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Yukon 4WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Yukon SLE 4WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Yukon SLT 2WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Yukon SLT 4WD | $478 | $686 | $442 | $26 | $132 | $1,789 | $149 |
| Yukon Denali 2WD | $478 | $810 | $442 | $26 | $132 | $1,913 | $159 |
| Yukon Denali 4WD | $478 | $810 | $442 | $26 | $132 | $1,913 | $159 |
| Yukon Hybrid 2WD | $478 | $932 | $500 | $30 | $150 | $2,115 | $176 |
| Yukon Hybrid 4WD | $478 | $932 | $500 | $30 | $150 | $2,115 | $176 |
| Yukon Hybrid Denali 2WD | $528 | $1054 | $500 | $30 | $150 | $2,287 | $191 |
| Yukon Hybrid Denali 4WD | $528 | $1054 | $500 | $30 | $150 | $2,287 | $191 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yukon 2WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Yukon SLE 2WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Yukon 4WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Yukon SLE 4WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Yukon SLT 2WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Yukon SLT 4WD | $348 | $464 | $442 | $26 | $132 | $1,412 | $118 |
| Yukon Denali 2WD | $348 | $546 | $442 | $26 | $132 | $1,494 | $125 |
| Yukon Denali 4WD | $348 | $546 | $442 | $26 | $132 | $1,494 | $125 |
| Yukon Hybrid 2WD | $348 | $630 | $500 | $30 | $150 | $1,658 | $138 |
| Yukon Hybrid 4WD | $348 | $630 | $500 | $30 | $150 | $1,658 | $138 |
| Yukon Hybrid Denali 2WD | $384 | $712 | $500 | $30 | $150 | $1,776 | $148 |
| Yukon Hybrid Denali 4WD | $384 | $712 | $500 | $30 | $150 | $1,776 | $148 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Rate quotes do not factor in specific zip code location which can modify coverage prices significantly.
Using the data above, we can ascertain that using a $100 deductible will cost you approximately $35 more each month or $420 annually than selecting the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at least 11 months between claim filings, you would most likely save money if you choose the higher deductible.
How to determine if raising deductibles makes sense
| Average monthly premium for $100 deductibles: | $161 |
| Average monthly premium for $500 deductibles (subtract): | – $126 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
One important note is that a higher deductible means you will have to pay more out-of-pocket when you have a comprehensive or collision claim. It will be required that you have some savings in the bank in the event you have to pay the higher deductible in order to repair your vehicle.
GMC Yukon liability rates compared to full coverage
The chart below visualizes the comparison of GMC Yukon auto insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no accidents or driving violations, $250 deductibles, single marital status, and no other discounts are factored in.
When to drop comprehensive and collision
There is no definitive rule of when to phase out full coverage, but there is a general convention. If the annual cost of having full coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s assume your GMC Yukon book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after paying the physical damage deductible. If premium cost is more than $200 a year for your policy with full coverage, then you might consider buying liability only.
There are some cases where dropping full coverage is not advised. If you haven’t paid off your loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not drop full coverage.
Take policy discounts and save on GMC Yukon insurance in San Jose
Companies don’t list every discount they offer very well, so here is a list a few of the more well known and also the more inconspicuous discounts that you may qualify for.
- Government Employees – Having worked for a branch of the government could provide a small rate reduction depending on your car insurance provider.
- Resident Student – Children who are enrolled in higher education away from home and don’t have a car may be insured at a cheaper rate.
- Auto/Life Discount – Larger insurance carriers have a discounted car insurance rate on car insurance if you buy a life insurance policy as well.
- Drivers Education – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in high school.
- Student Discounts – Being a good student can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up to age 25.
- Bundle and Save – When you have multiple policies with the same insurance company you could get a discount of nearly 15% which can help you find low cost GMC Yukon insurance.
- Safety Course Discount – Taking part in a course teaching defensive driver skills could possibly earn you a 5% discount and also improve your driving technique.
- Home Ownership Discount – Being a homeowner can earn you a little savings because of the fact that having a home requires personal responsibility.
- Full Payment Discount – If you pay your entire premium ahead of time rather than paying monthly you may have a lower total premium amount.
Don’t be surprised that some credits don’t apply to the entire cost. Some only reduce the cost of specific coverages such as collision or personal injury protection. Even though the math looks like you would end up receiving a 100% discount, that’s just not realistic. But all discounts will lower your overall bill.
The diagram below shows the comparison of GMC Yukon insurance rates with and without discounts applied to the policy rates. The costs are based on a male driver, no violations or accidents, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, multi-car, homeowner, and multi-policy discounts applied.
Companies and a selection of discounts are shown below.
- GEICO includes discounts for emergency military deployment, seat belt use, multi-policy, air bags, and five-year accident-free.
- SAFECO has discounts for teen safe driver, anti-lock brakes, homeowner, safe driver, anti-theft, and multi-car.
- State Farm offers discounts including accident-free, multiple policy, Steer Clear safe driver discount, safe vehicle, Drive Safe & Save, good student, and driver’s education.
- MetLife may offer discounts for accident-free, defensive driver, multi-policy, good driver, good student, and claim-free.
- 21st Century policyholders can earn discounts including 55 and older, early bird, homeowners, automatic seat belts, and theft prevention.
- Progressive offers discounts for multi-policy, homeowner, online signing, good student, and online quote discount.
When comparing rates, check with every insurance company which credits you are entitled to. Some of the discounts discussed earlier might not be offered in every state. For a list of insurers who offer car insurance discounts in California, click this link.
Exclusive or independent insurance agencies
A lot of people prefer to visit with an insurance agent and that is recommended in a lot of cases The biggest benefit of getting online price quotes is the fact that drivers can get lower rates but still work with a licensed agent. Buying from and supporting neighborhood insurance agencies is especially important in San Jose.
By using this short form, your coverage information is transmitted to agents in your area that can give you free San Jose car insurance quotes and help you find cheaper coverage. You won’t need to even leave your home since price quotes are sent to you directly. It’s the lowest rates without the usual hassles of price shopping. If for some reason you want to get a price quote from a specific auto insurance provider, feel free to navigate to their website to submit a rate quote request.
If you would like to find a reliable insurance agent, it’s important to understand the types of agencies and how they function. Agents in San Jose can be categorized as either exclusive or independent.
Independent Auto Insurance Agencies or Brokers
Agents of this type do not have single company limitations so they can quote policies with an assortment of companies depending on which coverage is best. If your premiums go up, the business is moved internally and you won’t have to switch agencies.
If you need lower rates, we recommend you get several quotes from a few independent agents so that you can do a thorough price comparison. Most also have access to mutual insurance companies that can offer cheaper rates than bigger companies.
Shown below are San Jose independent agencies who may provide comparison quotes.
- HealthMarkets Insurance Agency
543 W Capitol Expy – San Jose, CA 95136 – (408) 441-7777 – View Map - Harrington Insurance Agency
6920 Santa Teresa Blvd #101 – San Jose, CA 95119 – (408) 754-9000 – View Map - Taylor Benefits Insurance Agency
4820 Harwood Rd #130 – San Jose, CA 95124 – (408) 358-7502 – View Map
Exclusive Auto Insurance Agents
These agents have only one company to place business with and examples are American Family, State Farm, and Allstate. These agents are unable to provide other company’s prices so keep that in mind. Exclusive agents receive a lot of sales training on their products and sales techniques which helps offset the inability to provide other markets. Some people will only use the same agent mostly because of loyalty to the company rather than low price.
Shown below are San Jose exclusive insurance agencies that can give you rate quotes.
- Farmers Insurance
1080 Minnesota Ave # 4 – San Jose, CA 95125 – (408) 294-4348 – View Map - Art Holland – State Farm Insurance Agent
5520 Almaden Expy – San Jose, CA 95118 – (408) 229-7870 – View Map - Allstate Insurance: Phuong Tran
510 N 1st St Ste 224 – San Jose, CA 95112 – (408) 993-9898 – View Map
Choosing a insurance agency should depend on more than just a cheap price quote. These are some questions you should get answers to.
- How would your car be valued if totaled?
- Is vehicle damage repaired with OEM or aftermarket parts?
- How are they compensated?
- Does the agent have a valid license to sell insurance in California?
- Is insurance their full-time profession?
- Can you choose the body shop in case repairs are needed?
Upon receiving answers to your satisfaction to any questions you have as well as cheap Yukon insurance quotes, you have narrowed it down to an insurance agency that can be trusted to properly service your auto insurance policy. But keep in mind you are able to cancel your coverage at any time so don’t think that you’re stuck with a specific agent with no way to switch.
What is YOUR best insurance company?
Drivers leave their current company for many reasons like delays in paying claims, high prices, poor customer service and even policy non-renewal. Whatever your reason, finding a great new company is pretty easy and you might even save some money in the process.
Cheaper GMC Yukon insurance in San Jose can be found from both online companies in addition to many San Jose insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance providers may not provide the ability to get a quote online and these regional carriers work with local independent agencies.
We just showed you a lot of information how to get a better price on GMC Yukon insurance in San Jose. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable GMC Yukon insurance quotes. Drivers may even discover the lowest prices come from some of the lesser-known companies.
Other resources
- Senior Drivers (Insurance Information Institute)
- How Much is Auto Insurance for High School Students in San Jose? (FAQ)
- Who Has the Cheapest San Jose Car Insurance Quotes for a Toyota Camry? (FAQ)
- What Car Insurance is Cheapest for a Toyota Tundra in San Jose? (FAQ)
- Who Has Affordable San Jose Auto Insurance for Infrequent Drivers? (FAQ)
- Information for Teen Drivers (GEICO)
- Safety Tips for Teen Drivers (Insurance Information Institute)