Finding cheaper coverage for a GMC Sierra is dependent upon many rating factors such as the safety rating for your Sierra, the size of your vehicle, and if you have tickets or violations. Drivers pay around $1,052 each year to insure their Sierra, but that price is a valuation using a 30-year-old married female driver with full physical damage coverage and $100 deductibles.
The issue that arises when projecting rates is that it’s very likely that you may not be 30 years old (or even female), possibly single instead of married, or maybe you just want liability only instead of full coverage. Just a minor difference in rating criteria or coverage limits could end up in a significant change in the cost of insurance.
Having different needs demonstrates why the only real way to find the cheapest rates for your GMC is to do the rate comparisons yourself. It only takes a couple of minutes and you will be able to compare rates from the best auto insurance companies that insure GMC vehicles in Alaska.
Cheapest GMC Sierra Insurance Rates
The trim level of your Sierra can impact the insurance rate, so the price to insure a Sierra SLE Regular Cab 2WD model will be $206 less expensive the insurance cost for the fancier Sierra Denali Crew Cab 4WD trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sierra SLE Regular Cab 2WD||$228||$414||$278||$16||$84||$1,020||$85|
|Sierra SL Extended Cab 2WD||$228||$414||$278||$16||$84||$1,020||$85|
|Sierra SLE Crew Cab 2WD||$228||$414||$278||$16||$84||$1,020||$85|
|Sierra SL Crew Cab 2WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLE Crew Cab 2WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLE Regular Cab 4WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLE Extended Cab 4WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLE Crew Cab 4WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLT Extended Cab 2WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SL Crew Cab 4WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLT Extended Cab 4WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLT Crew Cab 2WD||$256||$488||$278||$16||$84||$1,122||$94|
|Sierra SLT Crew Cab 4WD||$286||$562||$278||$16||$84||$1,226||$102|
|Sierra Denali Crew Cab 2WD||$286||$562||$278||$16||$84||$1,226||$102|
|Sierra Denali Crew Cab 4WD||$286||$562||$278||$16||$84||$1,226||$102|
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Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in specific garaging location which can influence insurance rates greatly.
Determining which companies offer the cheapest insurance rates for a GMC Sierra may require a bit more work in order to find the best policy.
Each auto insurer has their own unique process to determine rates, so let’s rank the lowest cost insurance companies in Anchorage. It’s important that you understand Alaska insurance rates are impacted by many things that control the price of coverage. Simply having another birthday, moving to a new city, or getting a DUI may generate price changes resulting in some rates now being cheaper than others.
Lowest Insurance Price Quotes for Your Truck
Umialik may have some of the cheapest car insurance rates in Anchorage at around $892 a year. USAA, State Farm, Progressive, and GEICO are also some of the cheaper Anchorage, AK car insurance companies.
In this example, if you currently have a policy with State Farm and switched to Umialik, you could realize an annual premium reduction of roughly $73. Drivers with Progressive may save as much as $318 a year, and GEICO customers might cut rates by $994 a year.
To discover how much you can save, click here to start a quote or visit any of the companies below.
Understand that those premiums are averaged for all insureds and vehicles and and are not figured with an exact location for a GMC Sierra. So the auto insurance company that fits your age and vehicle best may not even be in the list above. That emphasizes why you need to get quotes using your own driver information and specific vehicle type.
How to get discounts on Anchorage insurance
Car insurance companies that provide policies for a GMC Sierra may additionally offer price discounts that could reduce prices by as much as 40% or more if you are eligible for them. The best insurance companies and their offered discounts can be read below.
- State Farm includes discounts for multiple policy, defensive driving training, student away at school, good student, passive restraint, good driver, and driver’s education.
- Progressive offers discounts including homeowner, online quote discount, online signing, multi-vehicle, and multi-policy.
- Travelers may have discounts that include payment discounts, save driver, new car, hybrid/electric vehicle, continuous insurance, and multi-car.
- American Family has savings for air bags, multi-vehicle, good driver, Steer into Savings, TimeAway discount, good student, and bundled insurance.
- Liberty Mutual policyholders can earn discounts including safety features, new move discount, multi-policy, newly retired, and teen driver discount.
The example below shows the comparison of auto insurance rates with and without discounts applied to the policy premium. The premiums assume a male driver, no accidents or driving violations, Alaska state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with claim-free, multiple vehicle, vehicle safety, homeowner, marriage, and passive restraint discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on insurance for a GMC Sierra is 28% or $513.
Insurance rates are higher with tickets and accidents
A great way to find good insurance premiums for a Sierra pickup is to be a good driver and not receive tickets or have accidents. The illustration below illustrates how speeding tickets and accident claims can affect car insurance rates for different age categories. The premiums assume a married female driver, full physical damage coverage, $100 deductibles, and no other discounts are factored in.
In the chart above, the average cost of a car insurance policy in Alaska per year with no violations or accidents is $1,706. Receive two speeding tickets and the average cost rises to $2,439, an increase of $733 each year. Next add one accident along with the two speeding tickets and the annual cost of insurance for a GMC Sierra jumps again to an average of $3,179. That’s an increase of $1,473, or $123 per month, just for not driving safely!
How to find budget-friendly car insurance for a GMC Sierra
The list below details some thrifty suggestions that can help Anchorage drivers locate cheap coverage.
- Drive safe vehicles
- On older vehicles, drop full coverage
- Pay cheaper rates with good credit scores
- Do not get traffic tickets
- Higher physical damage deductibles lower rates
- Maintain a safe distance and avoid accidents
- Compare rates and switch if you can find a better deal
The last idea is remarkably valuable, as was pointed out in the article above. Prices charged by auto insurers can change in a short period of time, so don’t hesitate to change to a new company if a cheaper price is available. We understand brand loyalty, but it’s not a great idea if it’s costing you a considerable chunk of change every month. Spend a few minutes and shop around and find cheaper auto insurance for a GMC Sierra in Anchorage.
If you have questions and prefer to have some advice when buying car insurance for a GMC Sierra, the professional agents shown below are a good start to provide answers to your questions and help you determine which coverage meets your needs best.
To find an agent by location nearest to you, click the button link following the list or click here to compare price quotes now.
State Farm Insurance
Anchorage, AK 99508 – Anchorage, AK 99508 – (907) 333-6575
Alaskan General Insurance
1400 W Benson Blvd # 500 – Anchorage, AK 99503 – (907) 297-4500
Allstate Insurance: M. Diane Johnson
4045 Lake Otis Pkwy Ste 206 – Anchorage, AK 99508 – (907) 569-6900