- Hummer EV insurance costs an average of $2,728 per year, or around $227 per month for full coverage.
- Drivers can find the cheapest insurance on the 2X trim at $2,602 per year.
- The Hummer EV 3X Omega Edition has the highest rates at $2,874 per year.
- Out of nine other large SUVs in the 2024 model year, the Hummer EV ranks seventh for insurance cost.
How much does GMC Hummer EV insurance cost?
Drivers can plan on paying about $2,728 annually to insure a 2024 GMC Hummer EV. Rates can range from as low as $2,074 up to $3,100 or more, hover, depending on the state you live in.
Average monthly insurance cost for the Hummer ranges from $217 to $240, depending on the trim level being insured. The cheapest 2X trim (MSRP of $99,470) is the cheapest model to insure, while the more expensive 3X Omega Edition model (MSRP of $130,300) costs the most to insure.
The bar chart below illustrates how other factors such as driver age, policy limits, and driving record can impact average Hummer EV auto insurance prices.
As mentioned above, the trim level you’re insuring can cause rates to be more or less than the average rate. The table below shows the average cost to insure each trim level for the 2024 GMC Hummer EV.
| 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. Updated June 27, 2025
Is GMC Hummer EV insurance expensive?
The GMC Hummer EV ranks seventh out of nine total vehicles in the 2024 large SUV class for most affordable car insurance cost. The Hummer EV costs an estimated $2,728 per year for an auto insurance policy with full coverage, while the class average policy cost is $2,587 per year, a difference of $141 per year.
When compared directly to some other full-size SUVs, insurance prices for a GMC Hummer EV cost $530 more per year than the Chevrolet Tahoe, $204 more than the Ford Expedition, and $206 more than the GMC Yukon.
The table displayed below shows how insurance cost for a GMC Hummer EV compares to the rest of the large SUV segment.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Chevrolet Tahoe | $2,198 | -$530 |
| 2 | Chevrolet Suburban | $2,324 | -$404 |
| 3 | Nissan Armada | $2,428 | -$300 |
| 4 | GMC Yukon | $2,522 | -$206 |
| 5 | Ford Expedition | $2,524 | -$204 |
| 6 | Jeep Grand Wagoneer | $2,720 | -$8 |
| 7 | GMC Hummer EV | $2,728 | -- |
| 8 | Jeep Wagoneer | $2,912 | $184 |
| 9 | Toyota 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 vehicle from the 2024 model year. Updated June 26, 2025
Additional rates and observations
Additional key data observations regarding the cost of insurance for a GMC Hummer EV include:
- Older drivers tend to pay cheaper insurance rates. The difference in insurance rates for a 2024 Hummer EV between a 60-year-old driver ($2,262 per year) and a 20-year-old driver ($5,516 per year) is $3,254, or a savings of 83.7%.
- Car insurance is expensive for high-risk drivers. For a 20-year-old driver, having enough accidents and violations to require a high-risk insurance policy could inflate rates by $4,338 or more per year.
- Avoiding accidents saves money. At-fault accidents increase insurance cost, potentially up to $3,936 per year for a 20-year-old driver and even as much as $1,146 per year for a 40-year-old driver.
- Improve your credit rating to save on insurance. Having an excellent credit score over 800 could save an average of $428 per year when compared to a credit score between 670-739. Conversely, a below average credit score could cost around $496 more per year.
- Your job could lower your rates. Some auto insurance companies offer policy discounts for working in professions like scientists, police officers and law enforcement, college professors, dentists, members of the military, and others. If you’re employed in a qualifying profession, you could potentially save between $82 and $228 on your yearly Hummer EV insurance premium.
- Teenage drivers are expensive to insure. Average rates for full coverage Hummer EV insurance costs $9,801 per year for a 16-year-old driver, $9,493 per year for a 17-year-old driver, $8,499 per year for an 18-year-old driver, and $7,735 per year for a 19-year-old driver.
- Get cheaper rates by researching policy discounts. Discounts may be available if the policyholders sign their policy early, work in certain occupations, drive a vehicle with safety or anti-theft features, insure their home and car with the same company, are homeowners, or many other policy discounts which could save the average driver as much as $466 per year on GMC Hummer EV insurance.