According to our study, the average cost of GMC Yukon vehicle insurance is about $190 per month — or $2,280 per year. With a base price of around $66,000, this puts the insurance cost-to-base car price ratio at 3.5 percent, which is lower than the ratio for most big SUVs and far lower than sedans, which can have a ratio as high as 10%.
The Yukon, which debuted in 1991, is the successor of GMC’s famous Jimmy SUV. Although it was originally offered with two and four doors, the Yukon is now only available as a four-door full-size SUV. Chevrolet also sells the Tahoe, a virtually similar full-size SUV. The two vehicles share many characteristics and designs and are built on the same chassis and engine.
How to compare insurance for the GMC Yukon
After budgeting for vehicle payments and other monthly costs, the last thing you want to think about is auto insurance. Shopping for insurance may be costly and aggravating since many companies employ ambiguous wording and pricing schemes. This makes it difficult to select the best coverage for your needs. However, knowing what to look for makes comparing your alternatives easier.
Here are a few things to think about:
- Price. Compare suppliers to discover the best deal and any discounts that may be available to you.
- Deductible. Your deductible is the amount you must pay in the event of an accident. Choose an amount that you can pay if you need to submit a claim, but that will not significantly increase your monthly rates.
- Coverage. Before you buy a policy, be sure that it satisfies your state’s minimum auto insurance requirements. If you reside in a high-crime or flood-prone region, consider purchasing additional coverage such as comprehensive or collision.
- Extras. Policy provisions might differ between providers. Decide which features you’re prepared to spend more for when you examine your alternatives.
- Restrictions. To avoid gaps in coverage or refused claims, find out whether your insurance has any limits.
- Loyalty discount. Depending on the model of automobile you drive, certain insurance providers offer unique loyalty discounts. For example, National General Insurance provides discounts and advantages to GM drivers alone.
- Warranty. GMC provides a five-year or 60,000-mile powertrain warranty that covers roadside assistance and courtesy transportation, so you may probably forgo including these benefits in your insurance policy for the time being.
What factors affect car insurance for the GMC Yukon?
Your rates are calculated by insurance companies based on your likelihood of submitting claims and the expense of paying them out. Because performance, safety features, theft rates, and other characteristics vary between makes and models, the car you choose has a major impact on the amount you pay for auto insurance.
Here are some factors that may influence the cost of insurance for the GMC Yukon:
- Body type. The Yukon is a four-door SUV aimed towards families. While it is capable of pulling and transporting freight, it is unlikely to be operated in dangerous conditions.
- Type of car. The GMC Yukon is a higher-end big SUV that may be costly to replace or repair.
- Theft. This car has one of the highest theft rates among new automobiles, which will almost certainly raise the cost of insurance.
- Repairs. The Yukon’s average repair cost is about $200, which is lower than the class average.
- Safety ratings. The GMC Yukon is a well-constructed SUV with excellent safety ratings. The majority of insurance providers offer discounts for safety measures.
- Fuel type. Gas cars, such as the GMC Yukon, are less expensive to insure than diesel or hybrid vehicles.
- Trims and packages. Trims and packages that boost the vehicle’s power or value may result in higher premiums, but additions that improve visibility or safety may have the reverse impact.
Yukon insurance discounts
Because your GMC Yukon is equipped with several safety measures, you may be able to save money on vehicle insurance. Your Yukon should be eligible for the following auto insurance discounts:
- Anti Lock brake discount
- Antitheft discount
- Passive restraint discount
- Emergency roadside assistance discount
- New car discount
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GMC Yukon safety and reliability ratings
The National Highway Traffic Safety Administration gives the 2018 GMC Yukon 4WD an overall safety rating of 4 out of 5 stars (NHTSA). Only the Yukon’s child seat anchors were assessed by the Insurance Institute for Highway Safety (IIHS), and they received an acceptable rating.
While its safety ratings are excellent, the 2018 GMC Yukon’s dependability ratings are mediocre. It receives a 2.5 out of 5 dependability rating, which is lower than the industry average for vehicles in its class.
U.S. News offers this full-size SUV an overall grade of 7.8 out of 10 based on performance, interior, safety, reliability, and critical scores.
GMC Yukon series maintenance
The Yukon is a tough, all-purpose SUV that can tackle nearly any task you throw at it. Its wide wheelbase and strong drivetrain allow it to operate effectively on almost any terrain, including highways, gravel roads, paved streets, and even snow. Its tough construction needs little care, but periodic maintenance may help guarantee that it runs well for years to come.
- GMC advises changing the oil every 7,500 miles. This service period also includes tire rotation and oil filter inspection.
- The average cost of an oil change for a GMC Yukon is $85. However, the actual cost may vary based on where you take your car for servicing, how long it has been since your last oil change, and other considerations.
- The Yukon’s average yearly repair cost is around $200. This is less than other vehicles in its class.
Is an extended warranty worth it for the Yukon?
The Yukon is covered by a bumper-to-bumper warranty for three years or 36,000 miles, a powertrain warranty for five years or 60,000 miles, corrosion protection for three years or 36,000 miles, and rust-through protection for six years or 100,000 miles. Furthermore, it comes with five years or 60,000 miles of roadside assistance and complimentary transportation if your car requires warranty maintenance.
GMC does not provide an official extended warranty for the Yukon. It does, however, provide a variety of protection options, including prepaid maintenance, tire and wheel protection, lease protection, and more. Because the Yukon has below-average dependability ratings, these policies may give additional security and peace of mind.
The GMC Yukon is a popular full-size SUV that serves as an excellent all-around vehicle. It has excellent safety ratings and crashes test results, which may save you money on insurance. However, its dependability ratings are below average, so you should investigate GMC’s protection plans or extra coverage choices from your insurance provider.
As usual, check vehicle insurance quotes to choose the company that best meets your needs and budget.
Visit our review of Cadillac Escalade Insurance Cost for another car insurance review.