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.

Estimated insurance rates for a GMC Sierra are $908 a year with full coverage. Comprehensive insurance costs on average $138, collision insurance costs $170, and liability coverage is estimated at $442. A liability-only policy costs approximately $496 a year, and high-risk insurance costs $1,950 or more. Teenage drivers pay the most at up to $3,718 a year.

Average premium for full coverage: $908

Premium estimates by type of coverage:

Prices are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all U.S. states and for different Sierra trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on auto insurance rates. Rural areas are statistically proven to have a lower frequency of collision claims than densely populated cities. The price range example below illustrates how rural and urban location affects car insurance rates.

These rate differences demonstrate why anyone shopping for car insurance should get quotes based on a specific location and risk profile, rather than using average rates.

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

Additional Rate Analysis

The chart below details average GMC Sierra insurance rates for different risk profiles and scenarios.

• The best discount rate is $560
• Choosing higher $1,000 deductibles can save around $72 annually
• The average rate for a 40-year-old good driver with $500 deductibles is $908
• Using more expensive low deductibles for comp and collision coverage will cost an extra $132 each year
• Drivers who are prone to accidents and violations could pay upwards of $1,950
• An auto insurance policy for full coverage for a teenage driver with full coverage may cost $3,718 each year

View Chart as Image

Auto insurance prices for a GMC Sierra also have a wide range based on your driving characteristics, the trim level and model year, and policy deductibles and limits.

An older driver with a good driving record and high deductibles may only pay around $900 annually on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay upwards of $3,700 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for GMC Sierra insurance rates. A good driver about age 40 could pay as low as $660 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,230 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can save as much as $210 a year, while increasing your policy's liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will cost up to $398 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out at a minimum $1,100 to $1,500 in extra premium annually, depending on your age. High-risk driver insurance ranges around 40% to 134% more than a normal policy. View High Risk Driver Rates

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

Finding better rates on auto insurance takes avoiding accidents and claims, having good credit, being claim-free, and deciding if full coverage is necessary. Set aside time to shop around every other policy renewal by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from local insurance agents.

The points below are a brief review of the ideas that were raised in the charts and tables above.

• Drivers under the age of 20 are charged the highest prices, possibly costing $310 per month if they have full coverage
• Drivers with DUI or reckless driving convictions may be required to pay an average of $1,040 more each year to insure a GMC Sierra
• Increasing policy deductibles can save around $200 each year
• You may be able to save as much as $100 per year just by shopping 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