The GMC Sierra 1500 has excellent towing capacity and some of the best fuel economy among pickup trucks, according to Kelley Blue Book.1 Despite a hefty starting price of just over $40,000, the Sierra 1500 is relatively inexpensive to insure compared to other vehicles.
On average, Sierra 1500 insurance costs $1,176 per year for basic liability, with full coverage costing $2,208. While that’s a bit high compared to similar truck models, others are more expensive to insure. For example, the Dodge Ram 1500 averages $1,296 per year for liability coverage and $2,424 for full coverage.
If you own a GMC Sierra 1500 or are considering buying one, here’s what you need to know as you compare insurance rates.
The average monthly premium for GMC Sierra 1500 drivers is $141, but that rate can vary based on the age of your truck. As vehicles depreciate over time, the repair or replacement cost typically decreases, often resulting in lower premiums.2
While USAA, State Farm, and Allstate offer some of the cheapest insurance rates for the Sierra 1500, it’s important to shop around and compare several options. Here’s a look at average monthly rates based on model year.
The 2025 GMC Sierra 1500 has a starting manufacturer’s suggested retail price (MSRP) of $40,495, according to Kelley Blue Book (KBB). But that price can go up significantly for double-cab and crew-cab models.
The table below shows how average rates can vary depending on the insurance company.
The starting MSRP for the 2024 GMC Sierra 1500 was $39,695. The following table shows full-coverage and liability-only rates from several of the best insurance companies.
The 2023 GMC Sierra 1500 had a starting MSRP of just $32,200. This is significantly less than prices for the 2024 and 2025 model years, although insurance rates are comparable.
Here’s a look at rates from some of the top car insurance companies.
The 2022 GMC Sierra 1500 had a base-price MSRP of $28,555, according to KBB.
See the table below for how insurance rates compare among companies with the cheapest average quotes.
At the time of release, the 2021 GMC Sierra 1500 had an MSRP starting at $24,166. Check out the table below for the insurers with the cheapest average quotes.
A brand-new 2020 GMC Sierra 1500 had a base MSRP starting at $22,599, according to KBB. The following table includes data from top insurers to help you compare insurance options.
The 2019 GMC Sierra 1500’s base model had a starting MSRP of $20,153.
The table below shows average monthly rates from several top insurance companies.
When the 2018 GMC Sierra 1500 was released, its base MSRP was $18,582.
Rate data from several of the cheapest insurers appears in the table below to help you compare options.
The 2017 GMC Sierra 1500 had a starting MSRP of $13,558, according to KBB.
The table below shows average monthly quotes from several companies.
The 2016 GMC Sierra 1500 base model had a starting price of $13,800.
The following table breaks down average monthly quotes from several major insurers.
Where you live can affect your car insurance costs significantly, thanks to differences in accident rates, theft, and other local risks.3
The map below shows how much drivers pay across all GMC models for coverage in each state. Alaska and Hawaii are not included due to lack of data.
Whether for a fender bender, a cracked windshield, or a stolen car, the right coverage can help protect you from major financial setbacks. As you assess your insurance needs and budget, consider the following types of coverage:4
Below, you’ll find answers to a handful of commonly asked questions about GMC Sierra 1500 car insurance.
USAA offers the lowest average insurance premium for the Sierra 1500, followed by State Farm and Allstate.
Compared to all other vehicles, the Sierra 1500 is slightly below average in terms of insurance costs. But some similar pickup trucks are less expensive to insure.
The GMC Sierra 1500 costs an average of $98 per month for liability-only insurance and $184 for full coverage. But your rate may vary based on your driving record, age, and other factors.
GMC trucks and SUVs cost an average of $133 per month to insure, which is lower than the national average monthly cost of $143, according to Insurify data.
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