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.

U.S. average insurance rates for a GMC Sierra are $908 a year including full coverage. Comprehensive costs approximately $138 a year, collision costs $170, and liability is estimated at $442. Liability-only coverage costs approximately $496 a year, with high-risk coverage costing around $1,950. Teen drivers pay the highest rates at $3,718 a year or more.

Average premium for full coverage: $908

Price estimates by individual coverage:

Prices are based on $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 U.S. states and Sierra trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on car insurance prices. Rural locations have a lower frequency of comprehensive and collision claims than larger metro areas.

The diagram below illustrates how geographic area affects auto insurance prices.

The ranges above highlight why it is important to get quotes using their specific location and risk profile, instead of using price averages.

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

More Rate Information

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

• The lowest rate with discounts is $560
• Choosing higher $1,000 deductibles can save $836 every year
• The average rate for the average middle-age driver who chooses $500 deductibles is $908
• Choosing low $100 deductibles for comp and collision coverage will increase the cost to $1,040
• Unlucky drivers with multiple violations and an at-fault accident could pay around $1,950 or more
• The price for full coverage for a teen driver can cost $3,718 each year

View Chart as Image

Auto insurance prices for a GMC Sierra are also quite variable based on your driving record, the model of your Sierra, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high deductibles may pay as little as $900 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers will have to pay in the ballpark of $3,700 a year. View Rates by Age

The state you live in plays a big part in determining prices for GMC Sierra insurance prices. A good driver about age 40 could pay as low as $700 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,300 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles can save as much as $210 every year, while buying higher liability limits will push prices upward. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $398 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying anywhere from $1,100 to $1,500 in extra premium each year, depending on your age. A high-risk auto insurance policy ranges as much as 40% to 134% more than average. View High Risk Driver Rates

Since prices can be so different, the best way to figure out who has the best auto insurance prices is to get quotes and see which company has the best price. Each auto insurer uses a different rate calculation, and quoted prices may be quite different from one company to the next.

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 Find Affordable GMC Sierra Insurance

Getting lower rates on car insurance takes being a low-risk driver, having good credit, being claim-free, and not having any coverage lapses. Invest the time to compare rates every other policy renewal by obtaining price quotes from direct car insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

The items below are a brief review of the ideas that were presented in the illustrations above.

• Teen drivers have the highest car insurance prices, possibly costing $310 a month if they have full coverage
• Higher risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,040 more per year to insure their Sierra
• Increasing physical damage deductibles can save around $200 each year
• You may be able to save around $100 per year simply by quoting early and online

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