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.

The average insurance prices for a GMC Sierra are $908 every 12 months for full coverage. Comprehensive costs around $138 each year, collision insurance costs $170, and liability is estimated at $442. A liability-only policy costs approximately $496 a year, and high-risk insurance costs around $1,950. 16-year-old drivers cost the most to insure at up to $3,718 a year.

Average premium for full coverage: $908

Policy rates for type of insurance:

Price estimates include $500 deductible amounts, liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all states and Sierra models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on auto insurance rates. Areas with sparse population are shown to have more infrequent accident claims than congested cities. The graphic below illustrates how where you live affects auto insurance rates.

The examples above show why all drivers should get quotes for a specific zip code and their own driving history, instead of using rate averages.

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

Detailed Rate Analysis

The chart below shows average GMC Sierra insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $560
• Choosing higher $1,000 deductibles can save about $72 a year
• The average price for a good driver age 40 using $500 deductibles is $908
• Buying low deductibles for comp and collision coverage increases the price to $1,040
• Unlucky drivers with multiple tickets or accidents could pay at least $1,950
• Policy cost to insure a teen driver can be $3,718 each year

View Chart as Image

Car insurance rates for a GMC Sierra also range considerably based on liability limits and deductibles, your driver profile, and the trim level and model year.

Opting for high physical damage deductibles can save as much as $210 every year, whereas increasing liability limits will increase rates. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $398 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged as much as $3,700 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying at least $1,100 to $1,500 extra every year, depending on your age. Insurance for high-risk drivers ranges as much as 40% to 134% more than the average rate. View High Risk Driver Rates

Your home state plays a big part in determining prices for GMC Sierra insurance prices. A good driver about age 40 could pay as low as $600 a year in states like Idaho, Maine, and Iowa, or at least $1,300 on average in Michigan, Louisiana, and New York.

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 Cheaper GMC Sierra Insurance

Finding cheaper rates on car insurance takes having a good driving record, maintaining a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Take the time to comparison shop once a year by obtaining price quotes from direct carriers, and also from local exclusive and independent agents.

The next list is a condensed summary of the data that was touched on in the above illustrations.

• Drivers can save up to $100 per year just by quoting online in advance
• Policyholders who may need increased levels of liability coverage will pay around $490 each year to raise limits from a 30/60 limit to a 250/500 level
• Drivers age 20 and younger are the costliest to insure, costing up to $310 each month if the policy includes full coverage
• Higher risk drivers with multiple at-fault accidents may pay on average $1,040 more every 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