GMC Sierra Insurance Rates

The average insurance rates for a GMC Sierra are $1,258 a year for full coverage insurance. Comprehensive costs an estimated $240 each year, collision insurance costs $400, and liability costs $460. Buying just liability costs as little as $510 a year, and insurance for high-risk drivers costs around $2,720. Teenage drivers cost the most to insure at up to $4,852 a year.

Average premium for full coverage: $1,258

Policy rates broken down by type of insurance:

Rates are based on $500 physical damage deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Sierra models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than densely populated cities. The graphic below illustrates the difference between rural and urban areas on insurance prices.

The examples above illustrate why all drivers should compare rates for a targeted area, instead of making a decision based on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $736
• Drivers who choose higher $1,000 deductibles will pay approximately $146 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,258
• Using low deductibles for comprehensive and collision insurance bumps up the cost to $1,538
• Drivers who are prone to accidents and violations could pay up to $2,720
• Policy cost that insures a 16-year-old driver can cost as much as $4,852 a year

View Chart as Image

Insurance rates for a GMC Sierra also range considerably based on the trim level and model year, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers can cost from 43% to 133% more than a normal policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay at least $4,800 a year. View Rates by Age

Your home state makes a big difference in GMC Sierra insurance prices. A 40-year-old driver could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,700 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $430 annually, whereas increasing liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 more per year. View Rates by Deductible or Liability Limit

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 Cheap GMC Sierra Insurance

Finding cheaper rates on insurance for a GMC Sierra not only requires being a safe and courteous driver, but also having above-average credit, being claim-free, and deciding if full coverage is necessary. Compare prices every time your policy renews by requesting rates from direct insurance companies, and also from local insurance agencies.

Below is a quick review of the information covered above.

• It is possible to save approximately $150 per year just by quoting online in advance
• Teenage drivers are charged the highest rates, possibly costing $404 each month if full coverage is included
• Increasing comprehensive and collision deductibles can save approximately $425 each year
• Drivers considered higher risk with a DUI or reckless driving violation may have to pay on average $1,460 more annually for auto insurance
• Insureds who want higher levels of liability will pay an extra $510 annually to go from a 30/60 limit to the 250/500 level