2024 GMC Hummer EV Car Insurance Calculator

Find out how choices you make impact the insurance cost for a 2024 GMC Hummer EV. Experiment with options like your location, homeowner status, and credit score to see how rates are affected. Immediately see if the choice you made raises or lower rates and why.

The average estimated car insurance premium for a 2024 GMC Hummer EV is $2,728 per year, or about $227 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,728

Cost Per Month

$227

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

GMC Hummer EV Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2024 GMC Hummer EV.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,728
Average Rate
Your Rate
$2,728

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2024 GMC Hummer EV trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2024 GMC Hummer EV is $2,728.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2024 GMC Hummer EV vs. the Large SUV Segment

The table below compares insurance rates for the 2024 GMC Hummer EV against all other models in the large SUV segment. The GMC Hummer EV is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the GMC Hummer EV, with green values denoting cheaper rates and red values indicating more expensive rates compared to the GMC Hummer EV.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2024 GMC Hummer EV Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Chevrolet Tahoe$2,198-$530
2Chevrolet Suburban$2,324-$404
3Nissan Armada$2,428-$300
4GMC Yukon$2,522-$206
5Ford Expedition$2,524-$204
2024 Large SUV Average$2,587-$141
6Jeep Grand Wagoneer$2,720-$8
7GMC Hummer EV$2,728--
8Jeep Wagoneer$2,912$184
9Toyota Sequoia$2,930$202

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2024 Hummer EV Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 GMC Hummer EV.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2024 GMC Hummer EV Insurance Rates by Trim Level
2024 GMC Hummer EV Trim Level Annual Premium Cost Per Month
2X$2,602$217
3X$2,684$224
2X Extreme Off-Road$2,708$226
3X Extreme Off-Road$2,776$231
3X Omega Edition$2,874$240

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2024 GMC Hummer EV for different driver ages.

2024 GMC Hummer EV Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,801$817
17$9,493$791
18$8,499$708
19$7,735$645
20$5,915$493
21$5,643$470
22$5,046$421
23$4,141$345
24$3,912$326
25$3,170$264
30$2,912$243
35$2,804$234
40$2,728$227
45$2,552$213
50$2,418$202
55$2,256$188
60$2,262$189
65$2,414$201
70$2,614$218
75$3,084$257
80$3,804$317

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all GMC Hummer EV trim levels.