While buying a used car, the cost of insuring it can be the major chunk of your total expenses. Insurance is, however, an inevitable cost. You need to add the cost of the first year’s insurance to the price of the car to calculate the total cost of the car.
The GMC Yukon is a full-size SUV that can seat as many as nine passengers, as well as their luggage. The interiors are roomy, and the boot space ample. A great car for families, the Yukon is also popular in the used car market.
The average annual insurance cost for the Yukon ranges from $ 905 to $ 2479. The median price ranges from $12,328 to $ 40,840. This car is the cheapest in Virginia, where its median price is $12,328. This is the only state where it is available for a price below $13,000.
The average annual insurance rate for the Yukon is below $1,000 in Maine, North Carolina, Iowa, and New Hampshire, set at $905, $945, $946, and $990, respectively. In Ohio and Idaho, the average annual insurance rates are $1056 and $1067, respectively.
Illinois, Indiana, Washington, Oregon, Arizona, Colorado, and Wyoming pay an annual average rate between $1100 and $1200 to insure a Yukon.
A majority of the states pay an annual average insurance rate between $1200 and $1300, viz. Wisconsin, Nevada, South Carolina, Virginia, Tennessee, New Mexico, Utah, New York, and Minnesota.
If you live in Alaska, Nebraska, Mississippi, Maryland, South Dakota, Hawaii, Florida, or Kansas, you would have to pay an annual average insurance rate between $1300 and $1400.
In the states of Arkansas, Texas, Pennsylvania, and North Dakota, a Yukon can be insured for an annual average cost between $1400 and $1500.
The cost of insuring your Yukon is high in Massachusetts, New Jersey, Delaware, Kentucky, Alabama, Missouri, Connecticut, Montana, and California. It is between $1500 and $1700 in these states.
In Michigan and Louisiana, the average annual insurance rate is above $2000. These are the two most expensive states to buy insurance for a GMC Yukon.