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.

Start QuoteCompare Sierra car insurance rates and save on your next policy.

How much does GMC Sierra insurance cost?

GMC Sierra insurance costs an average of $1,926 a year. Depending on your truck’s trim level, monthly car insurance cost for a 2023 GMC Sierra ranges from $141 to $178 and averages $161 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 $241 more per year than the all-vehicle national average of $1,685.

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 $1,450 per year for a 60-year-old driver with high policy deductibles to the most expensive rate of $4,494 annually for a driver age 20 with a $250 policy deductible.

Get Rates in Your AreaWhy is this important?

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 January 23, 2023
GMC Sierra Insurance Rate Summary
GMC Sierra Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,246$271
$500$3,852$321
$250$4,494$375
30$1,000$1,698$142
$500$2,034$170
$250$2,384$199
40$1,000$1,618$135
$500$1,926$161
$250$2,246$187
50$1,000$1,478$123
$500$1,754$146
$250$2,044$170
60$1,000$1,450$121
$500$1,722$144
$250$2,008$167

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 $16,606 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$1,926$963$161
2022 GMC Sierra$1,688$844$141
2021 GMC Sierra$1,702$851$142
2020 GMC Sierra$1,678$839$140
2019 GMC Sierra$1,644$822$137
2018 GMC Sierra$1,582$791$132
2017 GMC Sierra$1,522$761$127
2016 GMC Sierra$1,582$791$132
2015 GMC Sierra$1,366$683$114
2014 GMC Sierra$1,368$684$114
2013 GMC Sierra$1,312$656$109

Get Rates in Your AreaWhy is this important?

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 January 23, 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 $1,926 per year for full coverage insurance, while the category average is $1,915 annually, a difference of $11 per year.

When compared to other half-ton pickups, insurance for a GMC Sierra costs $132 more per year than the Ford F150, $2 less than the Ram Truck, $4 less than the Chevrolet Silverado, and $70 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 January 23, 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$1,746-$180
2Ford F150$1,794-$132
3Toyota Tundra$1,856-$70
4GMC Sierra$1,926--
5Ram Truck$1,928$2
6Chevrolet Silverado$1,930$4
7GMC Hummer EV Pickup$2,228$302

What is the cheapest GMC Sierra insurance?

The cheapest GMC Sierra model to insure is the Pro Regular Cab 2WD costing an average of $1,690 per year. The second cheapest model to insure is the Pro Double Cab 2WD at $1,758 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 $2,058,  $2,070, and $2,140 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 6-month Policy Per Month
Pro Regular Cab 2WD$1,690$845$141
Pro Double Cab 2WD$1,758$879$147
Pro Regular Cab 4WD$1,782$891$149
Pro Crew Cab 2WD$1,798$899$150
Pro Double Cab 4WD$1,814$907$151
Pro Crew Cab 4WD$1,848$924$154
SLE Double Cab 2WD$1,902$951$159
Elevation Double Cab 2WD$1,922$961$160
SLE Crew Cab 2WD$1,928$964$161
SLE Double Cab 4WD$1,940$970$162
Elevation Crew Cab 2WD$1,950$975$163
Elevation Double Cab 4WD$1,958$979$163
SLE Crew Cab 4WD$1,966$983$164
SLT Crew Cab 2WD$1,966$983$164
Elevation Crew Cab 4WD$1,984$992$165
SLT Crew Cab 4WD$1,996$998$166
Denali Crew Cab 2WD$2,046$1,023$171
AT4 Crew Cab 4WD$2,058$1,029$172
Denali Crew Cab 4WD$2,070$1,035$173
Denali Ultimate Crew Cab 4WD$2,140$1,070$178

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 January 23, 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$1,274$666
2011 GMC Sierra$1,226$660
2010 GMC Sierra$1,186$656
2009 GMC Sierra$1,138$650
2008 GMC Sierra$1,088$640
2007 GMC Sierra$1,046$628
2006 GMC Sierra$1,034$624
2005 GMC Sierra$1,014$618
2004 GMC Sierra$982$612
2003 GMC Sierra$960$606
2002 GMC Sierra$941$594
2001 GMC Sierra$922$582
2000 GMC Sierra$904$570

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 January 23, 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 $1,362 a year in Charlotte, NC, or $1,206 in Raleigh, NC, to higher rates like $3,392 a year in New York, NY and $3,338 in New Orleans, LA.

Insurance rates in some additional cities include Dallas, TX, at $1,976 per year, Louisville, KY, at an estimated $2,878, El Paso, TX, costing $1,720, and Colorado Springs, CO, at $2,212.

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 January 23, 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$3,392$283
Philadelphia, PA$3,010$251
Las Vegas, NV$3,004$250
Los Angeles, CA$2,996$250
San Francisco, CA$2,592$216
Kansas City, MO$2,308$192
Oklahoma City, OK$2,308$192
Denver, CO$2,264$189
Memphis, TN$2,264$189
Atlanta, GA$2,234$186
San Jose, CA$2,170$181
Phoenix, AZ$2,116$176
Portland, OR$2,086$174
San Diego, CA$2,072$173
Boston, MA$2,066$172
Jacksonville, FL$2,064$172
Chicago, IL$2,008$167
Dallas, TX$1,976$165
Houston, TX$1,964$164
Seattle, WA$1,962$164
Nashville, TN$1,884$157
Milwaukee, WI$1,876$156
Albuquerque, NM$1,842$154
San Antonio, TX$1,780$148
Omaha, NE$1,730$144
Fort Worth, TX$1,722$144
Austin, TX$1,702$142
Indianapolis, IN$1,550$129
Columbus, OH$1,428$119
Charlotte, NC$1,362$114

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 $58 and $178 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 ($1,754 per year) and a 20-year-old driver ($3,852 per year) is $2,098, a decrease of 54.5%.
  • Raising deductibles results in a cheaper policy. Increasing deductibles from $500 to $1,000 could save around $308 per year for a 40-year-old driver and $606 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 $320 per year for a 40-year-old driver and $642 per year for a 20-year-old driver.
  • Insurance for teenage drivers is expensive. Average rates for full coverage Sierra car insurance costs $6,914 per year for a 16-year-old driver, $6,480 per year for a 17-year-old driver, and $6,056 per year for a 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 $3,852 per year, while a 20-year-old female pays an estimated $2,840, a difference of $1,012 per year in the women’s favor by a large margin. But by age 50, the cost for male drivers is $1,754 and female driver rates are $1,718, a difference of only $36.
  • 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 $2,366 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.