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.

Average insurance prices for a GMC Sierra are $908 every 12 months with full coverage. Comprehensive costs around $138, collision insurance costs $170, and liability insurance costs $442. A liability-only policy costs as little as $496 a year, and high-risk insurance costs around $1,950. Teens receive the highest rates at up to $3,718 a year.

Average premium for full coverage: $908

Rate estimates for individual coverage type:

Price estimates include $500 physical damage deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all U.S. states and for all Sierra models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on insurance rates. Areas with sparse population tend to have more infrequent collision claims than cities with more traffic congestion. The example below illustrates how your location can change auto insurance rates.

These examples demonstrate why everyone should compare rates for a specific zip code and their own driving history, rather than relying on averaged prices.

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

Additional Rate Analysis

The chart below details average GMC Sierra insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $560
• Drivers who choose higher $1,000 deductibles will pay about $72 annually
• The average price for a 40-year-old driver using $500 deductibles is $908
• Selecting pricier low deductibles for comprehensive and collision insurance increases the price to $1,040
• High risk drivers with serious driving violations could pay at least $1,950
• The cost to insure a teen driver for full coverage can be $3,718 a year

View Chart as Image

Insurance rates for a GMC Sierra can also vary considerably based on policy deductibles and limits, your driving record, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles could save up to $210 each year, whereas buying more liability protection will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $398 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles could pay as little as $900 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay as much as $3,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out at least $1,100 to $1,500 extra per year, depending on your age. GMC Sierra insurance for high-risk drivers can cost anywhere from 40% to 134% more than the average policy. View High Risk Driver Rates

Where you live 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 New Hampshire, Ohio, and Utah, or have to pay at least $1,230 on average in Florida, Michigan, and New York.

View Chart as Image

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 Shop for Cheaper GMC Sierra Insurance

Saving money on GMC Sierra insurance not only requires being a safe and courteous driver, but also having good credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Invest the time to shop around every couple of years by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below is a condensed summary of the material that was illustrated above.

• Drivers who may need higher levels of liability will pay approximately $490 every year to go from a minimum limit to a 250/500 level
• Teenage drivers pay higher rates, with premiums as much as $310 per month if they have full coverage
• High-risk drivers with multiple at-fault accidents pay on average $1,040 more every year for auto insurance
• Increasing deductibles could save as much as $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