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.

U.S. average insurance rates for a GMC Sierra are $1,310 a year including full coverage. Comprehensive insurance costs an estimated $250, collision costs $446, and liability coverage costs around $456. Buying just liability costs as low as $508 a year, with insurance for high-risk drivers costing $2,842 or more. Teens pay the highest rates at $5,026 a year or more.

Average premium for full coverage: $1,310

Price estimates broken down by individual coverage:

Prices include $500 policy deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and for all Sierra models.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on the price of auto insurance. More rural locations have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The example below illustrates how your location can change insurance prices.

The ranges above highlight why everyone should compare prices for a targeted area and risk profile, rather than using averaged prices.

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

Detailed Rate Analysis

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

• The cheapest rate after discounts is $760
• Using higher $1,000 deductibles will save approximately $158 every year
• The average rate for the average middle-age driver who has $500 deductibles is $1,310
• Selecting pricier low deductibles for physical damage coverage will cost an extra $308 each year
• Higher-risk drivers with serious driving violations could pay up to $2,842 or more
• The price for full coverage for a teenage driver for full coverage can cost as much as $5,026 or more

View Chart as Image

Insurance prices for a GMC Sierra are also quite variable based on your driving record, the model of your Sierra, and liability limits and deductibles.

A more mature driver with no violations or accidents and high deductibles may only pay around $1,200 a year for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay at least $5,000 a year. View Rates by Age

The state you live in has a huge impact on GMC Sierra insurance rates. A driver around age 40 might see prices as low as $1,010 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,870 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $470 a year, whereas buying more liability protection will increase premiums. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $411 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying $1,600 to $2,200 additional each year, depending on your age. GMC Sierra insurance for high-risk drivers can be around 44% to 136% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the best way to figure out which car insurance is cheapest is to regularly compare prices and see how they stack up. Each insurance company calculates prices differently, and prices may be quite different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2016 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 Right GMC Sierra Insurance

Getting lower rates on auto insurance requires being a good driver, having a good credit history, being claim-free, and maximizing policy discounts. Invest the time to shop around at every policy renewal by requesting quotes from direct car insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The following list is a quick rundown of the data illustrated above.

• Consumers who want an increased level of liability coverage will pay approximately $500 per year to increase from a low limit to 250/500 limits
• You may be able to save approximately $160 per year simply by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save around $475 each year
• Drivers age 16 to 20 are expensive to insure, possibly costing $419 a month including comprehensive and collision insurance

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