GMC Sierra Insurance Rates

The average insurance rates for a GMC Sierra are $1,210 a year with full coverage. Comprehensive insurance costs on average $224, collision costs $368, and liability is $460. Liability-only insurance costs around $510 a year, with high-risk driver insurance costing $2,618 or more. Teenage drivers cost the most to insure at $4,702 a year or more.

Average premium for full coverage: $1,210

Policy rates by type of insurance:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all U.S. states and for all Sierra models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on auto insurance rates. Rural areas are shown to have lower incidents of collision claims than densely populated cities.

The example below illustrates the difference location can make on car insurance rates.

The examples above demonstrate why everyone should compare rates quotes based on a specific location, instead of using average rates.

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

Additional Rate Analysis

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

• The best discount rate is $712
• Raising to $1,000 deductibles will save around $134 annually
• The estimated price for a good driver age 40 with $500 deductibles is $1,210
• Using pricier low deductibles will cost an additional $260 every year
• At-risk drivers who are prone to accidents and violations could pay upwards of $2,618 or more
• Policy cost that insures a teen driver for full coverage may cost $4,702

View Chart as Image

Auto insurance rates for a GMC Sierra also range considerably based on the model of your Sierra, your age and driving habits, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at a minimum $1,400 to $2,000 in extra premium every year, depending on your age. GMC Sierra insurance for high-risk drivers is expensive and can cost as much as 43% to 129% more than a normal policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay upwards of $4,700 a year. View Rates by Age

Your home state also has a big influence on GMC Sierra insurance prices. A middle-age driver might find rates as low as $870 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,640 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $400 every year, whereas buying more liability protection will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out exactly what you will pay is to regularly compare rates and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and quoted rates will be varied.

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 Low Cost GMC Sierra Insurance

Finding cheaper rates on car insurance consists of having a decent driving record, maintaining a good credit score, not filing small claims, and taking advantage of discounts. Compare prices every couple of years by obtaining price quotes from direct companies, and also from several local insurance agents.

The following items are a review of the material that was touched on in this article.

• Policyholders who require additional liability coverage will pay an extra $510 every year to raise from a 30/60 limit to the 250/500 level
• 16 to 18-year-old drivers are charged the highest rates, as much as $392 each month if the policy includes full coverage
• Higher risk drivers who have several accidents or serious violations pay on average $1,410 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save approximately $400 each year