GMC Sierra Insurance Rates

How much is a GMC Sierra 1500 insurance policy? The average GMC Sierra insurance rates are $1,460 a year, or $121 a month.

While the average insurance cost for a 2018 GMC Sierra may be slightly different than a 2016 GMC Sierra cost of insurance, vehicles’ rates shouldn’t vary drastically among model years. Read through our guide to learn how you can secure cheap car insurance rates for your GMC Sierra 1500.

To start saving on GMC Sierra insurance and to receive rates for insurance on GMC vehicles, enter your five-digit ZIP code into our free tool above.

Average insurance prices for a GMC Sierra are $908 every 12 months including full coverage. Comprehensive costs approximately $138, collision insurance costs $170, and liability coverage costs $442. A liability-only policy costs as little as $496 a year, and high-risk insurance costs around $1,950. Teens receive the highest rates at up to $3,718 a year.

Average premium for full coverage: $908

Rate estimates by individual coverage type:

Prices are based on $500 deductible amounts, liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and for all Sierra models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on car insurance prices. Rural locations tend to have more infrequent comprehensive and collision claims than cities with more traffic congestion. The example below illustrates the effect of geographic area on auto insurance prices.

These examples highlight why everyone should compare rates using their specific location and their own driving history, rather than using averaged prices.

Use the form below to get customized rates for your location.

Detailed Rate Analysis

The chart below breaks down average GMC Sierra insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $560
• Drivers who choose higher $1,000 deductibles will pay $72 every year
• The average price for a 40-year-old driver who chooses $500 deductibles is $908
• Selecting pricier low deductibles for comprehensive and collision insurance increases the price to $1,040
• High-risk insureds with serious driving violations could pay around $1,950
• The cost to insure a teenage driver for full coverage can cost $3,718 a year

View Chart as Image

Insurance rates for a GMC Sierra can also vary considerably based on policy deductibles and limits, your driving characteristics, and the model of your Sierra.

Choosing higher comprehensive and collision insurance deductibles could save up to $210 a year, whereas buying more liability protection will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $398 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles may only pay around $900 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay in the ballpark of $3,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying anywhere from $1,100 to $1,500 extra per year, depending on your age. GMC Sierra insurance for high-risk drivers can cost around 40% to 134% more than the average policy. View High Risk Driver Rates

Where you live makes a big difference in GMC Sierra insurance rates. A 40-year-old driver could pay as low as $700 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,300 on average in Louisiana, New York, and Michigan.

View Chart as Image

Insurance Rates by Trim Level and Model Year

Rates assume 1991 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for Affordable GMC Sierra Insurance

Saving money on auto insurance not only requires having a good driving record, but also having good credit, not filing small claims, and possibly raising deductibles. Take the time to compare rates once a year by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local car insurance providers.

The next list is a brief review of the data that was covered in the above illustrations.

• You may be able to save around $100 per year just by quoting online well ahead of the renewal date
• Consumers who purchase increased levels of liability coverage will pay approximately $490 per year to go from a minimum limit to a 250/500 level
• Drivers age 20 and younger are expensive to insure, as much as $310 per month if they have full coverage
• Drivers with DUI or reckless driving convictions could be charged and average of $1,040 more per year to buy GMC Sierra insurance

The best way to save on the GMC truck cost of insurance is to shop online for quotes. If you haven’t bought a car yet, you can still shop for quotes to find out the GMC Sierra price range for different model years and trims, such as 2006 versus 2009 GMC Sierra trim levels.

Remember, the age of your model will impact your rates. But by how much for a GMC Sierra? The average insurance cost for a 2018 GMC Sierra will be few hundred dollars higher annually than the 2014 GMC Sierra costs.

If you are ready to start shopping around to find out answers to questions like how much does a 2014 GMC Sierra 1500 cost to insure in my area, or 2018 GMC Sierra costs, enter your ZIP code in our free tool below.

What are the safety ratings of the GMC Sierra 1500?

It is easier to find cheap insurance for a GMC Sierra 1500 if the GMC Sierra 1500’s safety ratings and features are better than average. The GMC Sierra 1500 does have some great safety features, such as traction control, a blind-spot monitor, and cross-traffic alert.

The Insurance Institute for Highway Safety (IIHS) has also crash-tested the 2020 GMC Sierra 1500 pickup. Take a look at the resulting ratings below.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Marginal
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

Good is the highest rating, so the GMC Sierra 1500 did well.

Check to the GMC Sierra 1500 crash test ratings as performed by the National Highway Traffic Safety Administration in the table below.

GMC Sierra 1500 Crash Test Ratings

A 5-star rating is the highest possible score given by the National Highway Traffic Safety Administration. Over the years, the GMC Sierra performed well and never scored lower than 4-stars.

GMC Sierra 1500 Compared Against Other Vehicles in the Same Class

The GMC Sierra 1500 is a large pickup, which sometimes can mean higher liability rates, as larger cars can do more damages. Luckily, the IIHS rated the GMC Sierra 1500’s liability losses as average and better than average in comparison to other large pickups.

See the GMC Sierra 1500 insurance loss probability details in the table below.

GMC Sierra 1500 Insurance Loss Probability

The lower the number, the better the insurance loss ratio. For this vehicle, the collision loss ratios are substantially better than average. However, the property damage ratio is worse than average.

To see how the GMC Sierra’s 1500 rates compare to other large pickups, view the vehicles below.

• Chevrolet Silverado
• Ford F-150
• Nissan Titan

If you’re wondering how much does a GMC truck cost, expect to pay around $40,000 or less. How much does a 2014 GMC Sierra cost? Just under $30,000.

We hope you have a better idea of GMC Sierra’s price range for insurance.

To find out how much a GMC Sierra 1500 or other GMC truck will cost to insure in your area, just enter your five-digit ZIP code into our FREE online quote tool.

References

1. https://www.iihs.org/ratings/vehicle/gmc/sierra-1500-crew-cab-pickup/2020