GMC Sierra Insurance Cost for 2023

We compared rate quotes for the Pro Regular Cab 2WD trim level up to the more appointed Denali Ultimate Crew Cab 4WD model to find out how insurance rates for the Sierra measure up to similar large trucks.

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How much does GMC Sierra insurance cost?

GMC Sierra insurance costs an average of $1,978 a year. Depending on your truck’s trim level, monthly car insurance cost for a 2023 GMC Sierra ranges from $145 to $183 and averages $165 a month.

On average, expect to pay about $11 more annually for GMC Sierra insurance compared to the average rate for all full-size half-ton pickups, and $250 more per year than the all-vehicle national average of $1,728.

The chart below details how average insurance rates on a 2023 GMC Sierra change based on driver age and comprehensive and collision deductibles. The cost estimates range from a low of $1,490 per year for a 60-year-old driver with high policy deductibles to the most expensive rate of $4,614 annually for a driver age 20 with a $250 policy deductible.

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Chart Data Details: Chart shows average insurance cost for a 2023 GMC Sierra with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all GMC Sierra trim levels.Data last updated on August 12, 2023
GMC Sierra Insurance Rate Summary
2023 GMC Sierra Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,334$278
$500$3,958$330
$250$4,614$385
30$1,000$1,740$145
$500$2,084$174
$250$2,444$204
40$1,000$1,662$139
$500$1,978$165
$250$2,308$192
50$1,000$1,520$127
$500$1,802$150
$250$2,100$175
60$1,000$1,490$124
$500$1,768$147
$250$2,062$172

The insurance rates above show an intentionally limited set of data points from an enormous number of possibilities. If we included every rate for every scenario, including every Sierra pickup trim level and every zip code in the U.S., the resulting chart would have around 1,935,360,000,000 unique insurance rates for a GMC Sierra.

To help you grasp the massive variability in insurance rates, consider that insuring a GMC Sierra pickup truck for only liability insurance in the most affordable parts of Indiana or Virginia may cost as little as $207 a year, while a 16-year-old driver with an accident and a violation in certain areas in New York City may be required to pay as much as $16,810 a year for a policy with full coverage.

That’s a lot of possible rates with a very wide range. We recommend getting some free car insurance quotes in order to find out exactly how much it will cost to insure a Sierra for your location and situation.

The following table shows average GMC Sierra car insurance rates for the 2013 to 2023 model years.

GMC Sierra Insurance Cost for 2013-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 GMC Sierra$1,978$989$165
2022 GMC Sierra$1,730$865$144
2021 GMC Sierra$1,748$874$146
2020 GMC Sierra$1,724$862$144
2019 GMC Sierra$1,688$844$141
2018 GMC Sierra$1,626$813$136
2017 GMC Sierra$1,562$781$130
2016 GMC Sierra$1,626$813$136
2015 GMC Sierra$1,402$701$117
2014 GMC Sierra$1,406$703$117
2013 GMC Sierra$1,348$674$112

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Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
GMC Sierra Insurance Rates by Model Year

How does GMC Sierra car insurance cost rank?

The GMC Sierra 1500 pickup ranks fourth out of seven comparison vehicles in the 2023 large truck class. The Sierra costs an average of $1,978 per year for full coverage insurance, while the category average is $1,967 annually, a difference of $11 per year.

When compared to other half-ton pickups, insurance for a GMC Sierra costs $136 more per year than the Ford F150, $4 less than the Ram Truck, $6 less than the Chevrolet Silverado, and $74 more than the Toyota Tundra.

The chart below shows how average Sierra insurance rates compare to the rest of the full-size half-ton truck segment for insurance affordability.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year GMC Sierra, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all GMC Sierra trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
GMC Sierra vs Large Trucks Insurance Rate Comparison
GMC Sierra Insurance Cost Compared to All Large Trucks
Rank Make/Model Insurance Cost Difference
1Nissan Titan$1,792-$186
2Ford F150$1,842-$136
3Toyota Tundra$1,904-$74
4GMC Sierra$1,978--
5Ram Truck$1,982$4
6Chevrolet Silverado$1,984$6
7GMC Hummer EV Pickup$2,286$308

What is the cheapest GMC Sierra insurance?

The cheapest GMC Sierra model to insure is the Pro Regular Cab 2WD costing an average of $1,736 per year. The second cheapest model to insure is the Pro Double Cab 2WD at $1,804 per year.

The three most expensive trim levels to insure are the Sierra AT4 Crew Cab 4WD, the Denali Crew Cab 4WD, and the Denali Ultimate Crew Cab 4WD trim levels at an estimated $2,112,  $2,126, and $2,196 per year, respectively.

The table below shows average car insurance cost for all 2023 GMC Sierra trim levels and powertrain options. Rates are broken out for annual and 6-month policy terms, as well as the monthly cost for each trim level.

2023 GMC Sierra Insurance Cost by Trim Level
GMC Sierra Trim Level Annual Policy Six-Month Policy Per Month
Pro Regular Cab 2WD$1,736$868$145
Pro Double Cab 2WD$1,804$902$150
Pro Regular Cab 4WD$1,828$914$152
Pro Crew Cab 2WD$1,846$923$154
Pro Double Cab 4WD$1,862$931$155
Pro Crew Cab 4WD$1,900$950$158
SLE Double Cab 2WD$1,954$977$163
Elevation Double Cab 2WD$1,974$987$165
SLE Crew Cab 2WD$1,980$990$165
SLE Double Cab 4WD$1,992$996$166
Elevation Crew Cab 2WD$2,002$1,001$167
Elevation Double Cab 4WD$2,010$1,005$168
SLE Crew Cab 4WD$2,018$1,009$168
SLT Crew Cab 2WD$2,018$1,009$168
Elevation Crew Cab 4WD$2,038$1,019$170
SLT Crew Cab 4WD$2,050$1,025$171
Denali Crew Cab 2WD$2,100$1,050$175
AT4 Crew Cab 4WD$2,112$1,056$176
Denali Crew Cab 4WD$2,126$1,063$177
Denali Ultimate Crew Cab 4WD$2,196$1,098$183

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 GMC Sierra, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
GMC Sierra Insurance Cost by Trim Level

The rates in the above table are for a new 2023 GMC Sierra, but many older models are roadworthy but may not justify carrying (and paying for) full coverage. The next section details the savings available when insuring your Sierra for liability only.

How much is liability insurance for a GMC Sierra?

Insuring an older model Sierra for only liability insurance could save upwards of $650 a year when compared to the full coverage rate. The table below compares liability-only car insurance rates to full coverage rates for the 2000 to 2012 model years.

GMC Sierra Insurance Rates for 2000 to 2012 Model Years
Vehicle Model Year Full Coverage Insurance Liability Insurance
2012 GMC Sierra$1,310$684
2011 GMC Sierra$1,258$678
2010 GMC Sierra$1,216$674
2009 GMC Sierra$1,168$668
2008 GMC Sierra$1,118$656
2007 GMC Sierra$1,076$646
2006 GMC Sierra$1,060$640
2005 GMC Sierra$1,040$634
2004 GMC Sierra$1,010$630
2003 GMC Sierra$988$624
2002 GMC Sierra$968$612
2001 GMC Sierra$949$599
2000 GMC Sierra$930$587

Get Rates in Your AreaWhy is this important?

Table Data Details: Average insurance rates for each GMC Sierra model year assume a 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to premium amounts. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
GMC Sierra Liability Insurance Rates

Insurance cost by U.S. city

Depending upon where you live, the cost of insurance for a GMC Sierra can vary from cheaper premiums like $1,404 a year in Charlotte, NC, or $1,248 in Raleigh, NC, to higher rates like $3,436 a year in New York, NY and $3,374 in New Orleans, LA.

Insurance rates in some additional cities include Dallas, TX, at $2,018 per year, Louisville, KY, at an estimated $2,920, El Paso, TX, costing $1,762, and Colorado Springs, CO, at $2,256.

The chart below illustrates average GMC Sierra insurance rates for the thirty largest urban areas in the United States. Additionally, the chart is followed by a table showing both annual and monthly rates by city for a 2023 GMC Sierra.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2023 GMC Sierra, 40-year-old married male driver with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are the average for all GMC Sierra trim levels.Data last updated on August 12, 2023
GMC Sierra Insurance Rates in Large U.S. Cities
GMC Sierra Insurance Rates by Location
City/State Annual Rate Monthly Rate
New York, NY$3,436$286
Philadelphia, PA$3,054$255
Las Vegas, NV$3,044$254
Los Angeles, CA$3,038$253
San Francisco, CA$2,636$220
Kansas City, MO$2,348$196
Oklahoma City, OK$2,348$196
Denver, CO$2,304$192
Memphis, TN$2,304$192
Atlanta, GA$2,276$190
San Jose, CA$2,212$184
Phoenix, AZ$2,156$180
Portland, OR$2,128$177
San Diego, CA$2,118$177
Boston, MA$2,108$176
Jacksonville, FL$2,098$175
Chicago, IL$2,048$171
Dallas, TX$2,018$168
Houston, TX$2,008$167
Seattle, WA$2,002$167
Nashville, TN$1,926$161
Milwaukee, WI$1,916$160
Albuquerque, NM$1,884$157
San Antonio, TX$1,826$152
Omaha, NE$1,772$148
Fort Worth, TX$1,766$147
Austin, TX$1,744$145
Indianapolis, IN$1,592$133
Columbus, OH$1,470$123
Charlotte, NC$1,404$117

Additional facts and figures

If you’ve digested all the rate information so far, here are some additional factors that can have an impact on how much you’ll pay to insure your Sierra pickup.

  • Your employment could lower your rates. Many car insurance companies offer policy discounts for working in professions like college professors, lawyers, engineers, emergency medical technicians, architects, and others. If you qualify, you may save between $59 and $183 on your annual car insurance bill, subject to the policy coverages selected.
  • Older drivers tend to pay less than younger drivers. The difference in insurance cost on a Sierra truck between a 50-year-old driver ($1,802 per year) and a 20-year-old driver ($3,958 per year) is $2,156, a decrease of 74.9%.
  • Raising deductibles results in a cheaper policy. Increasing deductibles from $500 to $1,000 could save around $316 per year for a 40-year-old driver and $624 per year for a 20-year-old driver.
  • Decreasing deductibles will cost more. Decreasing your policy deductibles from $500 to $250 could cost an additional $330 per year for a 40-year-old driver and $656 per year for a 20-year-old driver.
  • Insurance for teenage drivers is expensive. Average rates for full coverage Sierra car insurance costs $7,096 per year for a 16-year-old driver, $6,650 per year for a 17-year-old driver, and $6,216 per year for an 18-year-old driver.
  • Age and gender affect car insurance rates. For a 2023 GMC Sierra, a 20-year-old male pays an average rate of $3,958 per year, while a 20-year-old female pays an estimated $2,918, a difference of $1,040 per year in the women’s favor by a large margin. But by age 50, the cost for male drivers is $1,802 and female driver rates are $1,762, a difference of only $40.
  • It’s expensive to buy high-risk insurance. For a 30-year-old driver, having to buy a high-risk insurance policy can cause a rate increase of $2,434 or more per year. High-risk insurance policies are generally only required if you cannot get coverage in the standard market due to excessive violations or at-fault accidents.