GMC Sierra Insurance Rates

Estimated insurance rates for a GMC Sierra are $1,210 a year for full coverage insurance. Comprehensive insurance costs an estimated $224 a year, collision costs $368, and liability coverage is estimated at $460. A policy with only liability insurance costs approximately $510 a year, with a high-risk policy costing $2,618 or more. Teens pay the most at $4,702 a year or more.

Average premium for full coverage: $1,210

Premium estimates broken down by type of coverage:

Rate estimates include $500 physical damage deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 states and 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 the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than cities with more traffic congestion.

The diagram below illustrates the difference location can make on insurance prices.

These rate differences illustrate why it is important to get quotes for a targeted area and risk profile, rather than using averaged prices.

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

Rate Comparisons

The chart below illustrates estimated GMC Sierra insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $712
• Choosing higher $1,000 deductibles can save approximately $1,076 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,210
• Selecting low $100 deductibles for comp and collision coverage will cost an extra $260 each year
• Drivers with serious driving violations could pay up to $2,618 or more
• An auto insurance policy for full coverage for a teenage driver can cost as much as $4,702 each year

View Chart as Image

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

Older drivers with no driving violations and high deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will be charged at least $4,700 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 $790 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,640 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $400 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy ranges around 43% to 129% more than the average policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out which insurance company is cheapest is to get quotes and see how they stack up. Each auto insurer calculates prices differently, so rate quotes will be substantially different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2017 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 the Best GMC Sierra Insurance

Finding better rates on auto insurance takes being a safe and courteous driver, having above-average credit, paying for small claims out-of-pocket, and not having any coverage lapses. Make time to compare rates once a year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a brief recap of the data that was touched on in this article.

• It is possible to save approximately $140 per year simply by quoting early and online
• Consumers who want higher levels of liability will pay approximately $510 annually to raise limits from 30/60 bodily injury limits to 250/500 limits
• Teenage drivers have the highest car insurance prices, with premiums being up to $392 per month if full coverage is included
• Drivers who tend to receive serious violations pay on average $1,410 more annually for auto insurance