GMC Hummer EV insurance averages $158 per month for liability-only coverage and $288 for full coverage. Compared to the national average of $182 per month for full coverage and $103 for liability-only coverage, Hummer EV insurance rates are roughly 48% higher.
The Hummer EV line is a relatively recent addition to the electric vehicle (EV) market. GMC introduced the Hummer EV truck in 2021, followed by the Hummer EV SUV in 2023. Since then, EVs continue to grow in popularity, with GMC reporting sales of more than 32,000 electric vehicles in the third quarter of 2024.1
Pricewise, the Hummer EV is more expensive than its competitors. The Rivian R1T, for example, has a starting manufacturer’s suggested retail price (MSRP) of $69,900, while the Hummer EV’s starting MSRP is $99,045.
If you’re considering buying a Hummer EV or want to compare rates, here’s what you need to know.
GMC launched the Hummer EV truck in 2021 and the EV SUV in 2023.
While Hummer EV insurance averages $223 per month, USAA, State Farm, and Allstate have the cheapest insurance rates on average for this vehicle. The table below shows average monthly quotes by model year.
The 2026 Hummer EV is scheduled for release in late summer 2025, with Car and Driver estimating its MSRP between $100,000 and $120,000. A full-coverage policy for the 2026 model will cost an average of $316 per month, and a liability-only policy will cost about $170.
The following table displays average monthly quotes from several of the best insurance companies, according to Insurify data.
The 2025 Hummer EV pickup and SUV models have a starting MSRP of $99,045, according to Kelley Blue Book (KBB).2 3 Full coverage costs an average of $292 per month, and a liability-only policy averages $158.
The table below shows average monthly quotes for this model year from several of the cheapest insurers.
The 2024 Hummer EV SUV’s base MSRP was $80,395, according to KBB, and the EV pickup truck had a starting MSRP of $98,845, according to KBB. Full coverage costs an average of $282 per month, and liability-only coverage averages $152.
Average monthly quotes for the 2024 Hummer EV appear in the table below.
The 2023 Hummer EV pickup truck’s MSRP ranged between $100,395 and $113,290, and the EV SUV had a starting base MSRP of $86,645. The table below shows average monthly quotes from the cheapest companies.
The 2022 Hummer EV pickup had a starting MSRP of $110,295 and boasts an estimated 329 miles per charge. Full-coverage and liability-only rates from the cheapest insurers appear in the following table.
The 2021 Hummer EV was the first model released and had a starting MSRP of $110,295. Average monthly quotes for the 2021 Hummer EV aren’t included due to insufficient data.
Car insurance rates vary by company and location.4 The cheapest state to insure a Hummer in is North Carolina, with an average monthly premium of $76.
The map below highlights average Hummer insurance premiums across all models by state. Alaska and Hawaii are not included due to insufficient data.
When it comes to car insurance, you have several coverage options to choose from.5 For example, if you finance your car, your lender will likely require you to have comprehensive and collision insurance. Beyond that, your choices depend on your needs, budget, and the risks you face based on where you live and your driving habits.
Consider the following coverages to protect you and your Hummer:
Many factors influence your Hummer EV car insurance premium. Answers to the following frequently asked questions can provide additional information.
The cheapest company for Hummer EV insurance is USAA, with full coverage averaging $113 per month and liability-only coverage costing about $60. But USAA is available only to military members and their families. State Farm also has cheap Hummer EV insurance, averaging $136 per month for full coverage and $71 for liability-only coverage.
Yes. Insuring a Hummer EV averages $2,676 per year. This is about 48% higher than the national average cost of insurance in the U.S., which is $1,712.
It costs $223 per month, on average, to insure a Hummer EV. Full-coverage insurance averages $288 per month, and liability-only coverage averages $158.
Insurance premiums for EVs are typically more expensive than for non-electric models. For comparison, the Hummer H2’s overall insurance premium averages $138 per month, and the Hummer H3’s average monthly premium is $112. Tesla premiums average $220 per month, which is comparable to the Hummer EV’s average insurance costs.
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