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. Before you think about how much it will cost to insure your GMC, you might want to figure out how much car insurance you need.
GMC has been a trusted brand of bigger cars for more than 100 years, ever since it was founded in 1911. Formally, the company is a division of General Motors of North America Brand. Its main products are SUVs, pickup trucks, vans, and light-duty trucks. Even though this is their main business, the brand has also made parts for firetrucks, motorhomes, military vehicles, public transportation buses, and more.
GMC has a long and prestigious history among the big car companies in North America, and it still does a great job of serving a very specific market. The Rapid Motor Vehicle Company in Pontiac, Michigan, was where GMC Motors got its start. Some of the first one-ton trucks in the country were made by the company, which was owned by two brothers.
The business did pretty well, and in 1909, their truck was the first to win a road race up "Pike's Peak." In the same year, their main owner, William Durant, who had just started the General Motors Holding Company a year before, sold them to General Motors. In 1911, the Rapid Motor Vehicle Company changed its name to the General Motors Truck Company, which became known as GMC soon after.
From the 1960s to the 1980s, GMC made a lot of new models. They were involved in almost everything, from motorhomes to minivans to smaller, more useful buses to a more modern and useful SUV. Even though many of them have been taken off the market since then, some from the 1990s can still be seen on the company's production lines. GMC still makes vehicles like the Savana commercial van, the Yukon and Yukon XL, the Terrain, the Acadia, and more.
General Motors sold just under 6.3 million cars and trucks in 2021. This is compared to about 6.83 million units in 2020, which is a drop of about 8% from the previous year.
Chevrolet, GMC, Buick, and Cadillac are all brands owned by GM. Based on sales in the U.S. in the fourth quarter of 2021, Chevrolet and GMC were two of the top eleven automakers. Figures showed that the industry as a whole slowed down a lot that year, with sales going up by less than 2% compared to 2020.
Part of these changes can be traced back to the economic effects of the COVID-19 pandemic, which led to a drop in demand and stopped production. In the fourth quarter of 2020, sales started to go up again, but the global chip shortage hurt the sector even more in 2021, causing less vehicles to be made and less to be in stock.
Tesla is known for being at the forefront of innovation in the field of electric vehicles (EVs). General Motors and other established car companies are planning to join the fiercely competitive U.S. electric vehicle market.
In 2021, Tesla sold just under 302,000 battery-electric vehicles in the U.S., which was about 14.6% of the market, while GM only had 8.6%. General Motors, on the other hand, plans to put around $20 billion (US) into its lineup of electric vehicles (EVs), which will include SUVs and pickup trucks, by 2025.
GMC, which is known for making trucks and SUVs, has insurance costs that are about average. The average cost of car insurance for a GMC is $1,769 per year.
Car insurance companies use a number of things, including the car itself, to figure out how much to charge for coverage. Here are some factors that can affect the GMC car insurance premium:
Vehicle model | Average annual premium |
---|---|
Acadia | $1,736 |
Acadia Limited | $1,052 |
Canyon | $1,424 |
Savana | $1,520 |
Sierra 1500 | $1,592 |
Sierra 1500 Hybrid | $908 |
Sierra 2500HD | $776 |
Sierra 3500HD | $752 |
Sierra 3500HD CC | $764 |
GMC Terrain | $1,556 |
Yukon | $1,940 |
Yukon XL | $2,084 |
GMC Acadia
Acadia car insurance type | Average annual premium |
---|---|
Minimum coverage | $490 |
Full coverage | $1,472 |
GMC Sierra
Sierra car insurance type | Average annual premium |
---|---|
Minimum coverage | $491 |
Full coverage | $1,522 |
GMC Terrain
Terrain car insurance type | Average annual premium |
---|---|
Minimum coverage | $480 |
Full coverage | $1,466 |
GMC Yukon
Yukon car insurance type | Average annual premium |
---|---|
Minimum coverage | $496 |
Full coverage | $1,692 |
Compared to other brands, the average cost of car insurance for a GMC is 6.4% more expensive per year than Chevrolet, 6.4% more expensive than Ford, more expensive than Honda by 12.5%, 1.7% more expensive than Nissan, 1.7% less expensive than Ram and 6.2% more expensive each year than a Toyota.
Automotive brand | Insurance cost | Difference |
---|---|---|
GMC | $1,769 | -- |
Acura | $1,891 | $122 |
Audi | $2,206 | $437 |
BMW | $2,232 | $463 |
Cadillac | $1,784 | $15 |
Chevrolet | $1,671 | -$98 |
Dodge | $2,140 | $371 |
Ford | $1,670 | -$99 |
Honda | $1,587 | -$182 |
Hyundai | $1,660 | -$109 |
Infiniti | $2,056 | $287 |
Jaguar | $2,092 | $323 |
Jeep | $1,804 | $35 |
Kia | $1,644 | -$125 |
Land Rover | $2,004 | $235 |
Lexus | $1,945 | $176 |
Lincoln | $1,839 | $70 |
Mazda | $1,532 | -$237 |
Mercedes-Benz | $2,245 | $476 |
Mitsubishi | $1,745 | -$24 |
Nissan | $1,741 | -$28 |
Subaru | $1,585 | -$184 |
Tesla | $2,095 | $326 |
Toyota | $1,673 | -$96 |
Volkswagen | $1,613 | -$156 |
Volvo | $1,787 | $18 |
All of the cheapest GMC models' average annual insurance rates are listed below.
As the table below shows, getting multiple quotes from different insurance companies is the best way to find the cheapest GMC car insurance companies. In general, Amica's rates for different GMC models are about the same as USAA's.
State Farm, on the other hand, is at the high end of the scale. But average rates don't mean you should avoid State Farm or any other insurance company. Don't forget that your own rates will depend on a number of things, some of which are unique to you. Also, some carriers might have rules about who is eligible or might not be available in all states.
Car insurance company | GMC Acadia | GMC Sierra | GMC Terrain | GMC Yukon |
---|---|---|---|---|
USAA | $1,190 | $1,201 | $1,165 | $1,359 |
Amica | $1,214 | $1,154 | $1,176 | $1,219 |
Erie | $1,065 | $994 | $1,132 | $1,113 |
State Farm | $1,234 | $1,241 | $1,188 | $1,364 |
State | Average annual premium |
---|---|
Alabama | $1,890 |
Alaska | $1,566 |
Arizona | $1,773 |
Arkansas | $1,942 |
California | $2,157 |
Colorado | $2,015 |
Connecticut | $2,577 |
Delaware | $2,134 |
Florida | $2,534 |
Georgia | $2,068 |
Hawaii | $833 |
Idaho | $1,440 |
Illinois | $1,502 |
Indiana | $1,545 |
Iowa | $1,228 |
Kansas | $1,631 |
Kentucky | $2,349 |
Louisiana | $3,017 |
Maine | $1,147 |
Maryland | $1,851 |
Massachusetts | $1,481 |
Michigan | $3,572 |
Minnesota | $1,477 |
Mississippi | $1,780 |
Missouri | $1,673 |
Montana | $1,703 |
Nebraska | $1,444 |
Nevada | $2,375 |
New Hampshire | $1,650 |
New Jersey | $1,819 |
New Mexico | $1,862 |
New York | $1,724 |
North Carolina | $1,066 |
North Dakota | $1,460 |
Ohio | $1,307 |
Oklahoma | $2,081 |
Oregon | $1,889 |
Pennsylvania | $1,594 |
Rhode Island | $2,662 |
South Carolina | $1,809 |
South Dakota | $1,619 |
Tennessee | $1,906 |
Texas | $1,923 |
Utah | $1,636 |
Vermont | $1,256 |
Virginia | $1,185 |
Washington | $1,572 |
West Virginia | $1,581 |
Wisconsin | $1,571 |
Wyoming | $1,469 |
Based on minimum coverage and full coverage
>Minimum coverage
Coverage type | Protection offered |
---|---|
Bodily injury liability (per person and per accident) | Covers the costs of the harm you've caused to other people. |
Property damage liability (per accident) | Covers damage to other people's property or vehicles that you cause. |
Uninsured motorist protection (per person and per accident) | When you're not at fault for a car accident but the driver who caused it doesn't have insurance to pay for your injuries or property damage. |
Underinsured motorist protection (per person and per accident) | You can file a claim if the at-fault driver has liability insurance but it's not enough to pay for your damages or your injuries. |
Personal injury protection (per person and per accident) | Covers your own medical expenses after a car accident |
>Full coverage
Coverage type | Protection offered |
---|---|
Collision | Applies if you hit someone else's car or something else. |
Comprehensive | Applies if your car is damaged by something other than a crash or rollover, like bad weather or vandalism, you can use this coverage. |
Based on GMC by year
Year | Average annual premium |
---|---|
2022 | $3,417 |
2021 | $2,919 |
2020 | $2,921 |
2019 | $2,691 |
2018 | $2,926 |
2017 | $2,799 |
2016 | $2,689 |
2015 | $2,650 |
2014 | $2,941 |
2013 | $2,410 |
2012 | $2,723 |
2011 | $2,685 |
2010 | $2,921 |
2009 | $2,280 |
2008 | $2,474 |
2007 | $2,581 |
2006 | $2,263 |
2005 | $2,172 |
2004 | $2,264 |
2003 | $2,083 |
2002 | $1,943 |
Based on GMC in your city
City | Average annual premium |
---|---|
Atlanta | $2,845 |
Houston | $2,460 |
Jacksonville | $3,447 |
Lorain | $2,010 |
Lubbock | $2,258 |
Malvern | $2,061 |
Philadelphia | $2,817 |
San-Antonio | $2,229 |
Tucson | $2,203 |
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 100 leading insurance companies in 45 seconds or less, ensuring you always get the best price for the coverage you need.
Way.com can assist you in obtaining the best auto insurance rates regardless of your location, demographics, or GMC model. Way.com 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
On average, full coverage insurance for a GMC Acadia costs $1,736 per year. At about $1,456 per year, the Acadia SLE 2WD trim level is the least expensive to insure.
Yes. The average cost of car insurance for a GMC is $1,769 per year.
Yes, they are. The average cost of car insurance for a GMC Yukon, is about $1,940 a year.
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