Ford F150 vs GMC Sierra Insurance Cost

• At an average cost of $2,684 per year, a 2024 GMC Sierra has cheaper car insurance rates than a 2024 Ford F150 by an average of $34 per year.
• Average car insurance cost per month for the Ford F150 is 1.3% more expensive than the GMC Sierra, at $224 versus $221, a difference of $3.
• Out of seven models in the 2024 large truck segment, the Ford F150 ranks fourth and the GMC Sierra ranks second for car insurance affordability.

Is insurance cheaper for a Ford F150 or GMC Sierra?

Insurance rates for a 2024 Ford F150 average $2,684 per year, whereas insurance for a GMC Sierra costs an average of $2,650 per year, making the GMC Sierra the model with more affordable average car insurance rates.

Out of 27 trim levels for the 2024 Ford F150, the cheapest average insurance prices are on the XL Super Cab 4WD trim at a cost of $2,254 per year.

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

When trim-level rates for both models are compared, the lowest-cost model and trim is the Ford F150 XL Super Cab 4WD at an average rate of $2,254 per year. The most expensive model and trim level is the Ford F150 Lightning Platinum Black Special Edition costing an average of $3,120 per year.

The rate table below compares and ranks the annual and monthly cost of car insurance for 2024 Ford F150 and GMC Sierra models, with average rates for each trim level.

The chart below demonstrates the average cost to insure the two models for the 20, 30, 40, and 50-year-old driver age groups. The average cost of car insurance ranges from $2,378 to $5,432 per year for a 2024 Ford F150, and $2,340 to $5,372 for a 2024 GMC Sierra for the illustrated age groups.

The next tables display trim level insurance cost averages for both 2024 models, including an overall average rate. The cheapest model to insure for the 2024 model year is the GMC Sierra.

2023 Ford F150 vs. GMC Sierra

Insurance on a 2023 Ford F150 averages $2,370 per year, while insurance for a 2023 GMC Sierra averages $2,546 per year, making the Ford F150 the cheaper model to insure.

The table shown below compares the cost of car insurance for 2023 Ford F150 and GMC Sierra models, broken down by individual trim level.

For a 2023 Ford F150, average insurance rates range from the cheapest price of $2,032 per year for the XL Super Cab 4WD model up to $2,618 for the Lightning Platinum model.

For a 2023 GMC Sierra, rates can range from $2,232 per year for the Pro Regular Cab 2WD model up to $2,830 for the most expensive Denali Ultimate Crew Cab 4WD model.

For a 2023 Ford F150, the cheapest models are the XL Super Cab 4WD, XL Regular Cab, and XL Super Cab. The cheapest GMC Sierra models include the Pro Regular Cab 2WD, Pro Double Cab 2WD, and Pro Regular Cab 4WD.

The next chart shows the average cost to insure both 2023 models for a range of driver ages. Insurance cost ranges from $2,100 to $4,736 per year for a 2023 Ford F150, and $2,252 to $5,168 for a 2023 GMC Sierra for the age groups used in the chart.

For the 27 trim levels available for the 2023 Ford F150, the cheapest trim level to insure is the XL Super Cab 4WD trim at an average cost of $2,032 per year.

Out of the 20 trim levels available for the GMC Sierra, the cheapest 2023 trim to insure is the Pro Regular Cab 2WD model at a cost of $2,232 per year, or $186 per month.

When all 47 trims of both models are combined and compared, the cheapest vehicle to insure is the Ford F150 XL Super Cab 4WD at an average of $2,032 per year, and the most expensive model and trim level is the GMC Sierra Denali Ultimate Crew Cab 4WD at an average cost of $2,830 per year.

The next two tables show average car insurance cost by trim level for each 2023 model, including an overall average rate. The cheapest of the two models to insure for the 2023 model year is the Ford F150.

2022 Ford F150 vs. GMC Sierra

Insurance cost for a 2022 Ford F150 averages $2,118 per year, whereas insurance for a GMC Sierra costs an average of $2,232 per year, making the Ford F150 the cheaper model to insure by $114 per year.

Within each model, however, the cost of car insurance varies significantly for each of the different trim levels. For a 2022 Ford F150, car insurance rates range from $1,826 per year for the XL Regular Cab 4WD model up to $2,408 for the Limited SuperCrew model. For a 2022 GMC Sierra, rates range from $2,006 per year for the Pro Regular Cab 2WD model up to $2,448 for the most expensive to insure Denali Crew Cab 2WD model.

When trim-level rates for both models are compared, the lowest-cost model and trim level is the Ford F150 XL Regular Cab 4WD at a cost of $1,826 per year, and the most expensive vehicle to insure is the GMC Sierra Denali Crew Cab 2WD at an average of $2,448 per year.

For a 2022 Ford F150, the cheapest models are the XL Regular Cab 4WD, XL Super Cab 4WD, and XLT Regular Cab 4WD. The cheapest GMC Sierra models include the Pro Regular Cab 2WD, Pro Regular Cab 4WD, and Pro Double Cab 4WD.

From a cost-per-month basis, car insurance rates for all 2022 Ford F150 and GMC Sierra models and trims range from $152 to $204 per month.

For prior model years, average car insurance premiums compare as shown below. Click any model year to show complete cost data for that year.

• 2021 Model Year – For this model year, the F150 averages $2,138 per year to insure and the Sierra costs $2,254 per year. The model with cheaper insurance is the Ford F150 by $116 per year.
• 2020 Model Year – With the F150 averaging $2,074 per year to insure and the Sierra costing an average of $2,184, the Ford F150 is cheaper by $110 per year for this model year.
• 2019 Model Year – At $180 less per year, the Ford F150 has lower insurance rates than the GMC Sierra.
• 2018 Model Year – With the F150 costing an average of $1,842 per year to insure and the Sierra costing an average of $2,010, the Ford F150 costs $168 less to insure per year for 2018.
• 2017 Model Year – Averaging $166 less per year, the Ford F150 has more affordable rates than the GMC Sierra for this model year.
• 2016 Model Year – With the F150 costing $1,688 per year for full-coverage insurance and the Sierra costing an average of $1,954, the Ford F150 is cheaper by $266 per year for 2016.
• 2015 Model Year – With the F150 costing $1,692 per year to insure and the Sierra costing an average of $1,682, the GMC Sierra is cheaper by $10 per year for 2015.

The table shown below ranks the cost of car insurance for 2022 Ford F150 and GMC Sierra models, showing cost for each trim level of both models.

The bar chart below details annual average prices by driver age for Ford F-150 insurance compared to GMC Sierra insurance for the 2022 model year.

The tables below detail insurance rates for all trim levels of 2022 F150 and Sierra models. The 2022 Ford F150 has an average insurance cost of $2,118 and the 2022 GMC Sierra is $2,232, making the Ford F150 cheaper by $114 per year.

2021 Ford F150 vs GMC Sierra

For 2021 Ford F150 and GMC Sierra models, the Ford F150 has lower-cost car insurance by an average of $116 per year.

The rate chart below shows the average cost to insure the two models using drivers aged 20 to 50. For a 2021 Ford F150, insurance cost ranges from $1,896 to $4,340 per year for the age groups used in the chart. A 2021 GMC Sierra costs from $1,996 to $4,602 to insure per year.

Out of 43 Ford F150 trims, the cheapest 2021 trim to insure is the XL Regular Cab 6.5 4WD trim at an average cost of $1,904 per year. Out of the 22 trim levels 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 around $170 per month.

When comparing aggregated rates for both models from a trim-level perspective, the cheapest vehicle to insure is the Ford F150 XL Regular Cab 6.5 4WD at an average rate of $1,904 per year. The most expensive vehicle to insure is the Ford F150 Limited Super Cab 2WD costing an average of $2,530 per year.

The next two tables show trim level insurance rates for each 2021 model, including an overall average rate. The winner for the 2021 car insurance rate comparison is the Ford F150.

2020 Ford F150 vs GMC Sierra

When comparing insurance cost for 2020 models, the Ford F150 costs an average of $2,074 per year to insure and the GMC Sierra costs $2,184, making the Ford F150 the winner by $110 for the 2020 comparison year.

The rate chart below demonstrates the average cost to insure the two models with different driver age groups. Insurance cost ranges from $1,840 to $4,210 per year for a 2020 Ford F150, and $1,936 to $4,462 for a 2020 GMC Sierra for these driver ages.

For the 43 trim levels available for the 2020 Ford F150, the cheapest trim to insure is the XL Regular Cab 6.5 4WD model at an average cost of $1,848 per year.

For the 22 trim levels available for the GMC Sierra, the cheapest 2020 trim to insure is the Crew Cab 4WD trim at a cost of $1,974 per year, or $165 per month.

When comparing rates by trim level for both models, the lowest-cost model and trim to insure is the Ford F150 XL Regular Cab 6.5 4WD at a cost of $1,848 per year, and the highest-cost model and trim level is the Ford F150 Limited Super Cab 2WD at a cost of $2,454 per year.

The two tables below show the cost to insure the available trim levels for both 2020 models, as well as the overall average rate for each model. The model with the cheapest overall car insurance rates for 2020 is the Ford F150.

2019 Ford F150 vs GMC Sierra

For the 2019 Ford F150 and GMC Sierra models, the Ford F150 has cheaper car insurance cost by an average of $180 per year.

The next chart displays the average cost to insure both models with different drivers at the wheel. For a 2019 Ford F150, insurance cost ranges from $1,734 to $3,964 per year for the included driver ages. A 2019 GMC Sierra costs from $1,888 to $4,348 to insure per year.

The 2019 Ford F150 has 24 trim levels available, with the cheapest model to insure being the XL Regular Cab 4WD model at an average cost of $1,670 per year.

For the 20 trims available for the GMC Sierra, the cheapest 2019 model to insure is the Crew Cab 4WD model at a cost of $1,976.

When rates are compared for the 44 trim levels of both 2019 models, the cheapest trim to insure is the Ford F150 XL Regular Cab 4WD at an average cost of $1,670 per year. The overall most expensive vehicle to insure is the GMC Sierra Denali Crew Cab 2WD at an average cost of $2,384 per year.

The next two rate tables illustrate average car insurance rates for every trim level for both 2019 models, along with an average cost for each model. The cheapest to insure for the 2019 model year is the Ford F150.

2018 Ford F150 vs GMC Sierra

For 2018 Ford F150 and GMC Sierra models, the Ford F150 has lower-cost car insurance by an average of $168 per year.

The next chart illustrates the average cost to insure both 2018 models for the 20, 30, 40, and 50-year-old driver age groups. For a 2018 Ford F150, average car insurance cost ranges from $1,640 to $3,734 per year for the age groups used in this illustration. A 2018 GMC Sierra costs from $1,786 to $4,094 to insure per year.

Out of 24 Ford F150 trim levels, the cheapest 2018 trim level to insure is the XL Regular Cab 4WD model at an average cost of $1,600 per year, or about $133 per month.

For the 22 trims available for the GMC Sierra, the cheapest 2018 trim level to insure is the Regular Cab 4WD trim at a cost of $1,754.

When comparing both models at a trim-level basis, the cheapest trim to insure is the Ford F150 XL Regular Cab 4WD at a cost of $1,600 per year. The highest-cost model and trim level is the GMC Sierra Denali Crew Cab 2WD costing an average of $2,276 per year.

The next tables illustrate the expected annual car insurance cost by trim level for both 2018 models, including an overall average rate. The 2018 Ford F150 comes out on top over the 2018 GMC Sierra for cheapest overall car insurance cost.

2017 Ford F150 vs GMC Sierra

When comparing insurance rates for 2017 models, a Ford F150 costs an average of $1,768 per year to insure and a GMC Sierra costs $1,934, making the Ford F150 cheaper to insure by $166 per year.

The chart below demonstrates the average cost to insure both models with different drivers at the wheel. Average car insurance cost ranges from $1,576 to $3,582 per year for a 2017 Ford F150, and $1,720 to $3,934 for a 2017 GMC Sierra.

For the 24 trim levels available for the 2017 Ford F150, the cheapest model to insure is the XL Regular Cab 4WD model at an average cost of $1,542 per year, or $129 per month.

For the 13 trims available for the GMC Sierra, the cheapest 2017 trim to insure is the Regular Cab 4WD trim at a cost of $1,750.

When comparing rates by trim level for both models, the cheapest trim to insure is the Ford F150 XL Regular Cab 4WD at an average cost of $1,542 per year, and the most expensive trim is the GMC Sierra Denali Crew Cab 2WD at an average of $2,184 per year.

The rate tables below show the expected annual car insurance cost by trim level for both 2017 models, including an overall average cost for each model. The 2017 Ford F150 has cheaper average car insurance rates than the 2017 GMC Sierra.

2016 Ford F150 vs GMC Sierra

For the 2016 Ford F150 and GMC Sierra models, the Ford F150 is cheaper to insure by an average of $266 per year for this comparison year.

The chart shown below illustrates the average cost to insure both models with different driver age groups. The average car insurance cost ranges from $1,506 to $3,420 per year for a 2016 Ford F150, and $1,746 to $3,966 for a 2016 GMC Sierra for the age groups used in this illustration.

The 2016 Ford F150 has 22 trims available, with the cheapest model to insure being the XL Regular Cab 4WD trim at an average cost of $1,494 per year, or about $125 per month.

Out of the 20 trims available for the GMC Sierra, the cheapest 2016 trim level to insure is the WT Regular Cab 4WD model at a cost of $1,708 per year, or about $142 per month.

When trim-level rates for both models are compared, the lowest-cost model and trim level to insure is the Ford F150 XL Regular Cab 4WD at an average cost of $1,494 per year. The most expensive vehicle to insure is the GMC Sierra Denali Crew Cab 2WD at an average cost of $2,266 per year.

The tables below display average car insurance rates for every trim level for both 2016 models, plus the average rate for each model. The cheapest model to insure for the 2016 model year is the Ford F150.

2015 Ford F150 vs GMC Sierra

For 2015 Ford F150 and GMC Sierra models, the GMC Sierra is cheaper to insure by an average of $10 per year for this model year.

The rate chart below shows the average cost to insure both 2015 models for four different driver age groups. For a 2015 Ford F150, insurance cost ranges from $1,514 to $3,450 per year for the age groups used in the chart. A 2015 GMC Sierra costs from $1,504 to $3,404 to insure per year.

The 2015 Ford F150 has 20 trims available, with the cheapest trim to insure being the XL Regular Cab 2WD trim at an average cost of $1,490 per year. For the 20 trim levels available for the GMC Sierra, the cheapest 2015 trim level to insure is the WT Regular Cab 2WD trim at a cost of $1,534 per year, or $128 per month.

When trim-level rates for both models are compared, the cheapest model and trim level to insure is the Ford F150 XL Regular Cab 2WD at an average of $1,490 per year. The overall most expensive vehicle to insure is the Ford F150 Lariat Crew Cab Platinum Edition 2WD costing $1,854 per year.

The next two tables illustrate average cost to insure each trim level for a 2015 Ford F150 and GMC Sierra, including the average rate for each model. The model with the cheapest average car insurance rates for 2015 is the GMC Sierra.

Additional Ford F150 and GMC Sierra Resources

• Ford F150 Insurance Rates
• GMC Sierra Insurance Rates
• Large Truck Insurance Rate Comparisons