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 with full coverage. Comprehensive costs approximately $138, collision insurance costs $170, and liability insurance costs $442. Liability-only coverage costs as little as $496 a year, and high-risk coverage costs around $1,950. 16-year-old drivers pay the highest rates at up to $3,718 a year.

Average premium for full coverage: $908

Price estimates by individual coverage:

Full coverage includes $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all U.S. states and for all Sierra models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on the price of insurance. Rural locations have lower incidents of collision claims than congested cities. The example below illustrates how location helps determine auto insurance prices.

The ranges above demonstrate why everyone should compare rates using their specific location, rather than relying on rate averages.

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

Additional Rate Details

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

• The best full coverage rate is $560
• Drivers who choose higher $1,000 deductibles will pay $72 annually
• The estimated price for the average middle-age driver who chooses $500 deductibles is $908
• Buying pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,040
• High risk drivers with multiple tickets or accidents could pay around $1,950
• The price that insures a teen driver for full coverage can cost $3,718 a year

View Chart as Image

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

If you have some driving violations or you caused an accident, you may be forking out anywhere from $1,100 to $1,500 in extra premium each year, depending on your age. GMC Sierra insurance for high-risk drivers can cost anywhere from 40% to 134% more than the average rate. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles could pay as little as $900 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will have to pay in the ballpark of $3,700 a year. View Rates by Age

The state you live in makes a big difference in GMC Sierra insurance rates. A 40-year-old driver could pay as low as $660 a year in states like Utah, Ohio, and New Hampshire, or at least $1,230 on average in New York, Michigan, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $210 each year, whereas buying more liability protection will push prices upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $398 extra every year. View Rates by Deductible or Liability Limit

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 More Affordable GMC Sierra Insurance

Getting lower rates on GMC Sierra insurance not only requires avoiding accidents and violations, but also maintaining a good credit score, avoid buying unnecessary coverage, and possibly higher deductibles. Comparison shop every couple of years by getting rate quotes from direct companies, and also from local insurance agencies.

The list below is a summary of the material that was covered in the charts and tables above.

• Drivers who purchase higher liability limits will pay around $490 every year to go from a low limit to the 250/500 level
• Teenagers have the highest car insurance prices, costing up to $310 a month if the policy includes full coverage
• High-risk drivers who have multiple accidents or major violations may have to pay on average $1,040 more per year for car insurance
• Increasing physical damage deductibles can save approximately $200 each year

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