Key Takeaways
Drivers who own a GMC know that it is a workhorse, so it makes sense that car insurance for these cars should also be reliable. Having the best car insurance for your needs protects you financially if you are in an accident and gives you a way to pay for the other person's accident costs if you are at fault. Get an overview of the various insurance rates for the car brand based on models and insurers. Also, learn the effective methods to lower the insurance cost.
The GMC auto insurance costs are moderately high when compared to the brands such as Jeep, Chevrolet, and Ford. The average annual insurance cost for the car is $1,689. Check your estimated car insurance rate for a GMC in comparison with the competitors in the table below.
As the table below shows, getting multiple quotes from different insurance companies is the best method to find the cheapest GMC car insurance companies. In general, Texas Farm Bureau, Erie, and State Farm offer the lowest rates. Understand your car insurance choices for GMC cars from the table below.
| Cheapest Insurance Companies | Average Annual Cost | Average Monthly Rate |
|---|---|---|
| Texas Farm Bureau | $637 | $53 |
| Erie | $694 | $58 |
| State Farm | $736 | $61 |
| Progressive | $777 | $65 |
| Vermont Mutual | $780 | $65 |
| Tennessee Farmers | $803 | $67 |
| USAA | $804 | $67 |
| Nationwide | $896 | $75 |
| Safeco | $928 | $77 |
| Cincinnati Insurance | $961 | $80 |
| Country | $963 | $80 |
GMC as a brand generally focuses on optimizing the fleet of cars in the pickup, crossover, and SUV segments. While the average annual insurance rate for the car brand is $1,689, the cheapest car from the brand to insure is the GMC Sierra 3500HD. The model costs $672 on average per year, and the costliest one is the GMC Yukon XL, which costs $2,004 on average per year. The selected models of GMCs and their average insurance costs are available in the table below.
| GMC Model | Average Annual Rates | Average Monthly Rates |
|---|---|---|
| GMC Sierra 3500HD | $672 | $56 |
| GMC Canyon | $1,344 | $112 |
| GMC Sierra 1500 | $1,512 | $126 |
| GMC Yukon | $1,860 | $155 |
| GMC Yukon XL | $2,004 | $167 |
GMC Sierra 3500 HD insurance costs, on average, $672 per year. The cheapest insurer for the car model is Erie, offering an average annual rate of $509.
GMC launched this pickup truck in direct response to the demand for vehicles in the heavy-duty segment during the early 2000s. The well-built truck gave direct competition to the market-leading models such as the Ford F-350 Super Duty, Ram 3500, etc.
Lower GMC Sierra 3500 HD insurance rates are so low that you can find the cheapest ones with carriers like Erie, State Farm, Progressive, and some others, as mentioned in the table below.
| Cheapest Insurance Companies | Average Annual Cost | Average Monthly Rate |
|---|---|---|
| Erie | $509 | $42 |
| State Farm | $547 | $46 |
| Progressive | $640 | $53 |
| USAA | $641 | $53 |
| Texas Farm Bureau | $674 | $56 |
| Tennessee Farmers | $693 | $58 |
| Vermont Mutual | $740 | $62 |
| Country | $756 | $63 |
| Nationwide | $792 | $66 |
| Acuity | $832 | $69 |
| American Family | $860 | $72 |
The average annual insurance rate of the GMC Canyon is $1,344. The smaller and fuel-efficient midsize truck, reintroduced in 2015, and the latest models are being optimized for off-road driving. You can find the insurance rate for the car model as low as $673 from Tennessee Farmers. More insurers offer cheap GMC Canyon insurance rates based on the model year and trim levels. Find the average annual and monthly rates by various carriers in the table below.
| Cheapest Insurance Companies | Average Annual Cost | Average Monthly Rate |
|---|---|---|
| Tennessee Farmers | $673 | $56 |
| Progressive | $675 | $56 |
| Vermont Mutual | $743 | $62 |
| State Farm | $756 | $63 |
| Nationwide | $802 | $67 |
| Erie | $808 | $67 |
| USAA | $818 | $68 |
| American Family | $870 | $72 |
| Arbella | $882 | $74 |
| Country | $910 | $76 |
| Acuity | $968 | $81 |
The overall average annual GMC Sierra 1500 insurance rate is $1,512. Though the ongoing fifth-generation upgrade of this light-duty pickup truck is up to date, the insurance rates are moderately high. However, in our research, Erie is found to be the cheapest insurer for the car model with an average annual offer of $508. State Farm, USAA, and Texas Farm Bureau are some of the cheapest insurance providers for the Sierra 1500. Go through the table below and find the best carrier for your truck.
| Cheapest Insurance Companies | Average Annual Cost | Average Monthly Rate |
|---|---|---|
| Erie | $508 | $42 |
| State Farm | $568 | $47 |
| USAA | $586 | $49 |
| Texas Farm Bureau | $608 | $51 |
| Progressive | $614 | $51 |
| Tennessee Farmers | $752 | $63 |
| Vermont Mutual | $782 | $65 |
| Nationwide | $794 | $66 |
| American Family | $855 | $71 |
| Country | $859 | $72 |
| Acuity | $902 | $75 |
GMC Yukon is one of the most expensive GMCs to insure. The average annual insurance rate for this large family SUV is $1,860. All the same, Texas Farm Bureau offers much cheaper average rates for the car model. The annual rate offered by the carrier is $638. Go through the average annual and monthly rates by various insurers that are cheaper than the model average in the table below.
| Cheapest Insurance Companies | Average Annual Cost | Average Monthly Rate |
|---|---|---|
| Texas Farm Bureau | $638 | $53 |
| Erie | $720 | $60 |
| Vermont Mutual | $808 | $67 |
| Tennessee Farmers | $893 | $74 |
| USAA | $896 | $75 |
| State Farm | $998 | $83 |
| Progressive | $999 | $83 |
| Plymouth Rock Insurance | $1,040 | $87 |
| Nationwide | $1,047 | $87 |
| Arbella | $1,050 | $87 |
| Acuity | $1,118 | $93 |
Yukon XL insurance cost is the highest for a GMC model. The average annual cost for the extended SUV is 18% more than the average cost for the brand. However, the Texas Farm Bureau offers the cheapest annual average premium for the car model at $666. Find cheap insurance for the Yukon XL in the table below.
| Cheapest Insurance Companies | Average Annual Cost | Average Monthly Rate |
|---|---|---|
| Texas Farm Bureau | $666 | $56 |
| Vermont Mutual | $816 | $68 |
| Tennessee Farmers | $876 | $73 |
| Erie | $899 | $75 |
| State Farm | $912 | $76 |
| Progressive | $980 | $82 |
| Acuity | $1,043 | $87 |
| Arbella | $1,093 | $91 |
| USAA | $1,104 | $92 |
| Country | $1,119 | $93 |
| Plymouth Rock Insurance | $1,125 | $94 |
Choose the Right Coverage for Your Model: If your GMC is older, then the collision and comprehensive coverage won't compensate the market price adequately. Therefore, consider dropping the coverage, provided you have a clean driving history.
Use Low Mileage: As the GMCs are often used as secondary cars, the annual mileage is generally low. So, consider applying for low mileage discounts.
Leverage Occupation, Utility, or Commercial Discounts: If you are a farmer or business owner, carriers offer discounts for the mentioned professionals, considering their occupation as low risk.
Maintain a Clean Driving Record: Your driving history is always a matter of interest for the carriers. Therefore, avoid speed tickets, DUIs, or accidents in your name, which will lead to a sharp spike in the GMC insurance rate.
Shop Around Annually: Due to various factors such as depreciation, claim rates, theft rates, etc., the providers revise insurance rates for each model annually. Though the criteria are mostly the same, rates vary across the car insurers. Therefore, it is best advised to shop around annually to find cheap GMC car insurance quotes. You can use comparison tools such as the Way app for this purpose.
Garage the Vehicle & Install Anti-Theft Devices: Safeguarding your car is a primary concern for your insurer as it is for you. Therefore, ensuring garage parking and installing anti-theft devices can lower car insurance rates. Don't forget to declare the added devices/features in your insurance application.
Avoid Aftermarket Modifications: Aftermarket modifications, such as a lift kit, increase the car value and loss percentage in the event of a crash. Hence, installing such features will increase the cost of GMC auto insurance.
When it comes to GMC insurance, keep in mind that your rates will be determined by the model you drive as well as other criteria specific to you.
Way.com can help you find the best rates for the coverage you need. Way.com will find you quotes from over 140 leading insurance companies in 45 seconds or less, ensuring you always get the best price for the coverage you need.
Way can assist you in obtaining the best auto insurance rates regardless of your location, demographics, or GMC model. It is the most convenient way to find a better insurance policy tailored to your registered broker and auto super app requirements.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
Yes. The average cost of car insurance for a GMC is $1,689 per year.
Yes, they are. The average cost of car insurance for a GMC Yukon is about $1,860 a year. The cheapest insurer for the car model is Texas Farm Bureau.
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