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.

The average auto insurance rates for a GMC Sierra are $908 annually with full coverage. Comprehensive insurance costs an estimated $138 a year, collision insurance costs $170, and liability is $442. Liability-only insurance costs around $496 a year, and high-risk driver insurance costs $1,950 or more. Teenage drivers cost the most to insure at up to $3,718 a year.

Average premium for full coverage: $908

Policy rates broken down by type of insurance:

Includes $500 policy deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and Sierra trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. More rural locations are shown to have fewer collision claims than densely populated cities. The diagram below illustrates the difference location can make on insurance prices.

The examples above demonstrate why it is important to compare rates quotes for a targeted area and their own personal driving habits, instead of using average rates.

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

Additional Rate Details

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

• The best discount rate is $560
• Raising to $1,000 deductibles will save approximately $836 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $908
• Using low $100 deductibles costs an additional $132 every year
• At-risk drivers who are prone to accidents and violations could pay up to $1,950
• Policy cost with full coverage for a teen driver can cost as much as $3,718

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

Older drivers with a good driving record and high physical damage deductibles may pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay at least $3,700 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out $1,100 to $1,500 in extra premium every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 40% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $210 every year, while buying higher liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $398 extra every year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on GMC Sierra insurance prices. A middle-age driver might find rates as low as $660 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,230 on average in New York, Michigan, and Florida.

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 Buy the Cheapest GMC Sierra Insurance

Finding cheaper rates on car insurance consists of avoiding accidents and claims, having above-average credit, not filing small claims, and consideration of higher deductibles. Make time to compare rates every couple of years by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The points below are a recap of the material that was touched on in this article.

• Policyholders who want increased liability limits will pay an extra $490 every year to raise from a 30/60 limit to higher 250/500 limits
• Drivers under the age of 20 are the costliest to insure, as much as $310 each month if full coverage is included
• Higher risk drivers that have major violations or accidents pay on average $1,040 more annually to insure a GMC Sierra
• Increasing comprehensive and collision deductibles could save up to $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.

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.

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