- GMC Sierra insurance costs an average of $1,544 per year, or around $129 per month for full coverage.
- Out of seven vehicles in the 2022 full-size pickup truck segment, the Sierra ranks #2 for insurance affordability.
- The Sierra Pro Regular Cab 2WD trim level is the cheapest to insure at around $1,386 per year, or around $116 per month, while the most expensive model to insure is the Denali Crew Cab 2WD at $1,694 per year, or around $129 per month.
- Dropping full coverage on an older model Sierra could save $650 or more each year.
How much does GMC Sierra insurance cost?
GMC Sierra insurance costs an average of $1,544 a year. Depending on your truck’s trim level, monthly car insurance cost for a 2022 GMC Sierra ranges from $116 to $141 and averages $129 a month.
On average, expect to pay about $100 less annually for GMC Sierra insurance compared to the average rate for all full-size half-ton pickups, and $7 less per year than the all-vehicle national average of $1,551.
The chart below details how average insurance rates on a 2022 GMC Sierra change based on driver age and comprehensive and collision deductibles. The cost estimates range from a low of $1,166 per year for a 60-year-old driver with high policy deductibles to the most expensive rate of $3,600 annually for a driver age 20 with a $250 policy deductible.
|Driver Age||Deductible||Annual Cost||Monthly Cost|
The insurance rates above shows 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 1,838,592,000,000 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 $14,430 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 2022 model years.
|Model Year and Vehicle||Annual Rate||6-month Rate||Monthly Rate|
|2022 GMC Sierra||$1,544||$772||$129|
|2021 GMC Sierra||$1,550||$775||$129|
|2020 GMC Sierra||$1,520||$760||$127|
|2019 GMC Sierra||$1,506||$753||$126|
|2018 GMC Sierra||$1,448||$724||$121|
|2017 GMC Sierra||$1,412||$706||$118|
|2016 GMC Sierra||$1,456||$728||$121|
|2015 GMC Sierra||$1,278||$639||$107|
|2014 GMC Sierra||$1,270||$635||$106|
|2013 GMC Sierra||$1,206||$603||$101|
How does GMC Sierra car insurance cost rank?
The GMC Sierra 1500 pickup ranks #2 out of seven comparison vehicles in the 2022 large truck class. The Sierra costs an average of $1,544 per year for full coverage insurance, while the category average is $1,644 annually, a difference of $100 per year.
When compared to other half-ton pickups, insurance for a GMC Sierra costs $82 more per year than the Ford F150, $182 less than the Ram Truck, $82 less than the Chevrolet Silverado, and $84 less 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.
|7||GMC Hummer EV Pickup||$1,926||$382|
What is the cheapest GMC Sierra insurance?
The cheapest GMC Sierra model to insure is the Pro Regular Cab 2WD costing an average of $1,386 per year. The second cheapest model to insure is the Pro Regular Cab 4WD at $1,398 per year.
The three most expensive trim levels to insure are the Sierra SLT Crew Cab 2WD, the Denali Crew Cab 4WD, and the Denali Crew Cab 2WD trim levels at an estimated $1,628, $1,640, and $1,694 per year, respectively.
The table below shows average car insurance cost for all 2022 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.
|GMC Sierra Trim Level||Annual Policy||6-month Policy||Per Month|
|Pro Regular Cab 2WD||$1,386||$693||$116|
|Pro Regular Cab 4WD||$1,398||$699||$117|
|Pro Double Cab 4WD||$1,438||$719||$120|
|Pro Double Cab 2WD||$1,462||$731||$122|
|Pro Crew Cab 4WD||$1,470||$735||$123|
|Pro Crew Cab 2WD||$1,500||$750||$125|
|Elevation Double Cab 2WD||$1,510||$755||$126|
|SLE Double Cab 4WD||$1,524||$762||$127|
|SLE Crew Cab 4WD||$1,550||$775||$129|
|SLE Double Cab 2WD||$1,564||$782||$130|
|Elevation Crew Cab 4WD||$1,566||$783||$131|
|Elevation Double Cab 4WD||$1,576||$788||$131|
|SLT Crew Cab 4WD||$1,580||$790||$132|
|SLE Crew Cab 2WD||$1,592||$796||$133|
|Elevation Crew Cab 2WD||$1,612||$806||$134|
|AT4 Crew Cab 4WD||$1,618||$809||$135|
|SLT Crew Cab 2WD||$1,628||$814||$136|
|Denali Crew Cab 4WD||$1,640||$820||$137|
|Denali Crew Cab 2WD||$1,694||$847||$141|
The rates in the above table are for a new 2022 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.
|Vehicle Model Year||Full Coverage Insurance||Liability Insurance|
|2012 GMC Sierra||$1,170||$600|
|2011 GMC Sierra||$1,138||$596|
|2010 GMC Sierra||$1,094||$590|
|2009 GMC Sierra||$1,058||$586|
|2008 GMC Sierra||$1,014||$580|
|2007 GMC Sierra||$972||$572|
|2006 GMC Sierra||$936||$562|
|2005 GMC Sierra||$922||$556|
|2004 GMC Sierra||$906||$552|
|2003 GMC Sierra||$880||$548|
|2002 GMC Sierra||$858||$542|
|2001 GMC Sierra||$841||$531|
|2000 GMC Sierra||$824||$521|
Are Sierra insurance rates affected by where I live?
Depending upon where you live, the cost of insurance for a GMC Sierra can vary from cheaper premiums like $1,110 a year in Charlotte, NC, or $968 in Raleigh, NC, to higher rates like $2,930 a year in New York, NY and $3,632 in New Orleans, LA.
The chart below illustrates average GMC Sierra insurance rates for the 15 largest urban areas in the United States. Additionally, you can view a more comprehensive table that shows costs for the 50 largest metro areas below the chart.
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 $46 and $158 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 ($1,408 per year) and a 20-year-old driver ($3,090 per year) is $1,682, a decrease of 54.4%.
- Raising deductibles results in a cheaper policy. Increasing deductibles from $500 to $1,000 could save around $246 per year for a 40-year-old driver and $482 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 $254 per year for a 40-year-old driver and $510 per year for a 20-year-old driver.
- Insurance for teenage drivers is expensive. Average rates for full coverage Sierra car insurance costs $5,566 per year for a 16-year-old driver, $5,214 per year for a 17-year-old driver, and $4,872 per year for a 18-year-old driver.
- Age and gender affect car insurance rates. For a 2022 GMC Sierra, a 20-year-old male pays an average rate of $3,090 per year, while a 20-year-old female pays an estimated $2,276, a difference of $814 per year in the women’s favor by a large margin. But by age 50, the cost for male drivers is $1,408 and female driver rates are $1,378, a difference of only $30.
- 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 $1,906 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.