Chevrolet Silverado vs. GMC Sierra – Which Insurance is Cheapest?

• At an average cost of $2,654 per year, a 2024 GMC Sierra has cheaper overall car insurance rates than a 2024 Chevrolet Silverado by an average of $4 per year.
• Out of seven models in the 2024 large truck segment, the Chevrolet Silverado ranks third and the GMC Sierra ranks second for overall car insurance affordability.

Is insurance cheaper for a Chevy Silverado or GMC Sierra?

For the 2024 model year, the model with cheaper average insurance rates is the GMC Sierra. Average car insurance rates for the Chevrolet Silverado are $2,654 per year, while insurance for a GMC Sierra averages $2,650 per year.

For a 2024 Chevrolet Silverado, rates range from the cheapest price of $2,248 per year for the EV WT model up to the most expensive rate of $3,146 for the EV RST First Edition model. For a 2024 GMC Sierra, rates range from $2,296 per year for the Pro Regular Cab 2WD model up to $3,032 for the most expensive to insure EV Denali Edition 1 model.

When rates are compared for both models, the cheapest vehicle to insure is the Chevrolet Silverado EV WT at an average cost of $2,248 per year. The most expensive model and trim level is the Chevrolet Silverado EV RST First Edition costing $3,146 per year.

For a 2024 Chevrolet Silverado, the cheapest models to insure are the EV WT, WT Regular Cab 4WD, and WT Double Cab 4WD.

The cheapest GMC Sierra models to insure include the Pro Regular Cab 2WD, Pro Double Cab 2WD, and Pro Regular Cab 4WD.

The next table compares the annual and monthly cost of car insurance for 2024 Chevrolet Silverado and GMC Sierra models, broken down by individual trim level.

The rate chart below demonstrates the average cost to insure both models for the 20, 30, 40, and 50-year-old driver age groups.

For a 2024 Chevrolet Silverado, the average cost of car insurance ranges from $2,358 to $5,388 per year for the age groups used in the chart.

A 2024 GMC Sierra costs from $2,340 to $5,372 to insure per year.

For the 27 trims available for the 2024 Chevrolet Silverado, the cheapest model to insure is the EV WT model at an average cost of $2,248 per year, or around $187 per month.

For the 23 trim levels available for the GMC Sierra, the cheapest 2024 trim to insure is the Pro Regular Cab 2WD model at a cost of $2,296 per year, or around $191 per month.

When comparing car insurance rates for both models by trim level, the cheapest model and trim level to insure is the Chevrolet Silverado EV WT at an average of $2,248 per year, and the most expensive model and trim level is the Chevrolet Silverado EV RST First Edition at a cost of $3,146 per year.

The two tables below display trim level insurance rates for each 2024 model, as well as an average rate for each model.

2022 Chevrolet Silverado vs. GMC Sierra

Insurance rates for a 2022 Chevrolet Silverado average $2,354 per year, while insurance for a 2022 GMC Sierra costs an average of $2,232 per year, making the GMC Sierra the cheaper of the two by $122 per year.

Within each model, however, rates vary considerably for different trim levels.

For a 2022 Chevrolet Silverado, car insurance rates range from $2,074 per year for the WT Regular Cab 4WD model up to the most expensive rate of $2,576 for the High Country Crew Cab 4WD model. For a 2022 GMC Sierra, rates can range from $2,006 per year for the Pro Regular Cab 2WD model up to $2,448 for the most expensive Denali Crew Cab 2WD model.

When trim-level rates for both models are compared, the overall cheapest vehicle to insure is the GMC Sierra Pro Regular Cab 2WD at an average rate of $2,006 per year, and the overall most expensive vehicle to insure is the Chevrolet Silverado High Country Crew Cab 4WD at a cost of $2,576 per year.

For a 2022 Chevrolet Silverado, the cheapest models are the WT Regular Cab 4WD, WT Double Cab 4WD, and WT Regular Cab 2WD. The cheapest GMC Sierra models include the Pro Regular Cab 2WD, Pro Regular Cab 4WD, and Pro Double Cab 4WD.

Car insurance rates for all 2022 Chevrolet Silverado and GMC Sierra models and trims range from $167 to $215 per month.

The table below compares the cost of car insurance for 2022 Chevrolet Silverado and GMC Sierra models, showing average cost by trim level for each model.

The chart below plots average rates by driver age for Chevy Silverado insurance compared to GMC Sierra insurance for the 2022 model year.

The tables below detail insurance rates for all trim levels of 2022 Silverado and Sierra models. The 2022 Chevrolet Silverado has an average insurance cost of $2,354 and the 2022 GMC Sierra is $2,232, making the GMC Sierra cheaper by $122 per year.

2021 Chevrolet Silverado vs. GMC Sierra

When comparing car insurance rates for 2021 models, the Chevrolet Silverado costs an average of $2,354 per year to insure and the GMC Sierra costs $2,254, making the GMC Sierra the winner by $100.

The rate chart below illustrates the average cost to insure both models with different ages of drivers. For a 2021 Chevrolet Silverado, insurance cost ranges from $2,090 to $4,802 per year for the illustrated age groups. A 2021 GMC Sierra costs from $1,996 to $4,602 to insure per year.

Out of 28 trims for the 2021 Chevrolet Silverado, the cheapest rates are on the WT Regular Cab 4WD model at a cost of $2,076 per year, or about $173 per month. Out of the 22 trims available for the GMC Sierra, the cheapest 2021 trim level to insure is the Crew Cab 4WD model at a cost of $2,036 per year, or $170 per month.

When average car insurance prices for all 50 trim levels for both vehicles are compared, the most affordable model and trim level to insure is the GMC Sierra Crew Cab 4WD at an average cost of $2,036 per year, and the most expensive model and trim level is the Chevrolet Silverado High Country Crew Cab 2WD at an average of $2,664 per year.

The next tables show average car insurance rates for every trim level for both 2021 models, including an overall average rate. The winner for the 2021 car insurance battle is the GMC Sierra.

2020 Chevy Silverado vs GMC Sierra

When comparing insurance cost for 2020 models, a Chevrolet Silverado costs an average of $2,288 per year to insure and a GMC Sierra costs $2,184, making the GMC Sierra cheaper to insure by $104 per year for this comparison year.

The rate chart below illustrates the average cost to insure both models for a range of driver ages. For a 2020 Chevrolet Silverado, average car insurance cost ranges from $2,032 to $4,664 per year for the age groups used in this illustration. A 2020 GMC Sierra costs from $1,936 to $4,462 to insure per year.

The 2020 Chevrolet Silverado has 28 trims available, with the cheapest trim level to insure being the WT Regular Cab 4WD model at an average cost of $2,018 per year. For the 22 trims available for the GMC Sierra, the cheapest 2020 trim level to insure is the Crew Cab 4WD model at a cost of $1,974 per year, or about $165 per month.

When insurance prices for all 50 trim levels for the 2020 model year of both models are compared, the cheapest trim to insure is the GMC Sierra Crew Cab 4WD at a cost of $1,974 per year. The most expensive model and trim level is the Chevrolet Silverado High Country Crew Cab 2WD costing an average of $2,588 per year.

The two tables below display the expected annual car insurance cost by trim level for both 2020 models, including an overall average rate. The cheapest to insure for the 2020 model year is the GMC Sierra.

2019 Chevy Silverado vs GMC Sierra

When comparing car insurance rates for 2019 models, the Chevrolet Silverado costs an average of $2,180 per year to insure and the GMC Sierra costs $2,130, making the GMC Sierra the winner by $50 for the 2019 comparison year.

The chart below displays the average cost to insure the two models for drivers from age 20 to 50. For a 2019 Chevrolet Silverado, the average cost of car insurance ranges from $1,936 to $4,448 per year for the driver ages used. A 2019 GMC Sierra costs from $1,888 to $4,348 to insure per year.

For the 28 trim levels available for the 2019 Chevrolet Silverado, the cheapest trim level to insure is the Double Cab 4WD model at an average cost of $2,036 per year, or about $170 per month. The 2019 GMC Sierra has 20 trims available, with the cheapest trim to insure being the Crew Cab 4WD model at an average cost of $1,976 per year.

When comparing rates by trim level for both models, the cheapest vehicle to insure is the GMC Sierra Crew Cab 4WD at a cost of $1,976 per year. The highest-cost model and trim is the Chevrolet Silverado High Country Crew Cab 2WD at an average cost of $2,388 per year.

The tables below show the expected annual car insurance cost by trim level for both 2019 models, along with an average cost for each model. The 2019 GMC Sierra takes the trophy over the 2019 Chevrolet Silverado for the cheapest average car insurance rates.

2018 Chevy Silverado vs GMC Sierra

When comparing average insurance rates for 2018 models, a Chevrolet Silverado costs an average of $2,070 per year to insure and a GMC Sierra costs $2,010, making the GMC Sierra cheaper to insure by $60 per year.

The next chart shows the average cost to insure both models for drivers aged 20 to 50. The average cost of car insurance ranges from $1,846 to $4,218 per year for a 2018 Chevrolet Silverado, and $1,786 to $4,094 for a 2018 GMC Sierra for the included age groups.

The 2018 Chevrolet Silverado has 32 trims available, with the cheapest model to insure being the WT Regular Cab 4WD trim at an average cost of $1,892 per year, or about $158 per month.

The 2018 GMC Sierra has 22 trim levels available, with the cheapest trim to insure being the Regular Cab 4WD trim at an average cost of $1,754 per year, or about $146 per month.

When comparing car insurance rates for both models by trim level, the cheapest model and trim level to insure is the GMC Sierra Regular Cab 4WD at an average rate of $1,754 per year, and the most expensive vehicle to insure is the Chevrolet Silverado High Country Crew Cab 2WD costing an average of $2,284 per year.

The tables below display the average cost to insure all 2018 trim levels, plus the average rate for each model. The winner for the 2018 car insurance cost comparison is the GMC Sierra.

2017 Chevy Silverado vs GMC Sierra

For 2017 Chevrolet Silverado and GMC Sierra models, the GMC Sierra is cheaper to insure by an average of $42 per year for this model year.

The next chart demonstrates the average cost to insure both models for the 20 to 50-year-old driver age groups. Average car insurance cost ranges from $1,764 to $4,022 per year for a 2017 Chevrolet Silverado, and $1,720 to $3,934 for a 2017 GMC Sierra for these driver ages.

The 2017 Chevrolet Silverado has 30 trim levels available, with the cheapest trim to insure being the LS Regular Cab 4WD trim at an average cost of $1,822 per year, or $152 per month. The 2017 GMC Sierra has 13 trims available, with the cheapest trim to insure being the Regular Cab 4WD trim at an average cost of $1,750 per year.

When looking at the aggregated rates by trim for both models, the lowest-cost model and trim level to insure is the GMC Sierra Regular Cab 4WD at a cost of $1,750 per year. The highest-cost model and trim is the Chevrolet Silverado High Country Crew Cab 2WD at an average cost of $2,200 per year.

The tables shown below illustrate average car insurance cost by trim level for each 2017 model, as well as the overall average rate for each model.

2016 Chevy Silverado vs GMC Sierra

For 2016 Chevrolet Silverado and GMC Sierra models, the Chevrolet Silverado is cheaper to insure by an average of $42 per year.

The next chart visualizes the average cost to insure both models using a range of rated driver ages. For a 2016 Chevrolet Silverado, the average cost of car insurance ranges from $1,706 to $3,874 per year for the driver ages used. A 2016 GMC Sierra costs from $1,746 to $3,966 to insure per year.

Out of 30 trim levels for the 2016 Chevrolet Silverado, the cheapest auto insurance rates are on the LS Regular Cab 4WD model at a cost of $1,758 per year, or about $147 per month.

Out of the 20 trim levels available for the GMC Sierra, the cheapest 2016 trim to insure is the WT Regular Cab 4WD model at a cost of $1,708.

When comparing both models at a trim-level basis, the most affordable model and trim level to insure is the GMC Sierra WT Regular Cab 4WD at an average cost of $1,708 per year, and the most expensive trim is the GMC Sierra Denali Crew Cab 2WD at an average of $2,266 per year.

The rate tables below show average car insurance rates for each trim level, as well as an average rate for each model.

2015 Chevy Silverado vs GMC Sierra

For 2015 Chevrolet Silverado and GMC Sierra models, the GMC Sierra is cheaper to insure by an average of $90 per year.

The chart shown below visualizes the average cost to insure both models rated for different driver ages. For a 2015 Chevrolet Silverado, average insurance cost ranges from $1,590 to $3,582 per year for these driver ages. A 2015 GMC Sierra costs from $1,504 to $3,404 to insure per year.

The 2015 Chevrolet Silverado has 25 trim levels available, with the cheapest trim level to insure being the LS Regular Cab 4WD model at an average cost of $1,564 per year, or about $130 per month.

For the 20 trims available for the GMC Sierra, the cheapest 2015 trim to insure is the WT Regular Cab 2WD trim at a cost of $1,534 per year, or $128 per month.

When rates for all 45 trim levels for both vehicles are compared, the cheapest vehicle to insure is the GMC Sierra WT Regular Cab 2WD at an average of $1,534 per year, and the most expensive model and trim level is the Chevrolet Silverado High Country Crew Cab 2WD at an average cost of $2,004 per year.

The two tables below illustrate average car insurance cost by trim level for a 2015 Chevrolet Silverado and GMC Sierra, plus an average rate for each model. The winner for the 2015 car insurance rate comparison is the GMC Sierra.

Additional Chevrolet Silverado and GMC Sierra Resources

• Chevrolet Silverado Insurance Rates
• GMC Sierra Insurance Rates
• Large Truck Insurance Rate Comparisons