Cheapest Insurance for a GMC Sierra in Michigan

When writing about auto insurance, the words “cheap” or “affordable” really should not be used as a descriptor for auto insurance rates. It’s just reality that cheap car insurance for a GMC Sierra is pretty hard to find. Don’t let that discourage you, because we are going to tell you how you can still find and buy insurance that is easier on your budget.

Your odds of finding cheap car insurance for a GMC Sierra in Michigan is dependent upon a complicated formula that considers factors like how old the vehicle is, your current insurance company, and the deductible amount you use. Michigan drivers on average will pay $2,120 each year to buy GMC Sierra insurance, but that is a projection based on cost data for a 40-year-old single male driver who needs full coverage including both comprehensive and collision and $1,000 policy deductibles.

There is a high probability that you’re not a 40-year-old male, you might be married instead of single, and you want different coverage limits than the example. Even a slight difference in rating factors or requested coverage amount can result in a big discrepancy in the cost of a policy.

Car insurance coverage is unique to each driver, so this is why the most reliable method for finding the cheapest insurance price for your GMC is to do your own rate comparisons.

Insure Your GMC for Less

The trim level of your GMC will most likely have an effect on the cost of coverage, so the rate you pay to insure a Sierra SLE Regular Cab 2WD trim level will cost $314 less than the insurance cost for the high end Sierra Denali Crew Cab 4WD model, as shown in the prices below.

Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Price estimates do not factor in vehicle garaging location which can impact price quotes considerably.

Insuring your vehicle with the highest-rated company is difficult considering how many choices there are in Michigan. The ranking data below may help you analyze which auto insurers to look at shopping your coverage with. These ratings are only comprised of large nationwide companies, so smaller companies are not included in these rankings.

Top 10 Large Car Insurance Companies in Michigan Ranked by Value

1. The Hartford
2. Farmers Insurance
3. AAA Insurance
4. 21st Century
5. Safeco Insurance
6. State Farm
7. Progressive
8. American Family
9. GEICO
10. Liberty Mutual

Top 10 Large Car Insurance Companies in Michigan Ranked by A.M. Best Rating

1. State Farm – A++
2. USAA – A++
3. GEICO – A++
4. The Hartford – A+
5. Allstate – A+
6. Nationwide – A+
7. Esurance – A+
8. Progressive – A+
9. Safeco Insurance – A
10. Liberty Mutual – A

Top Companies for GMC Sierra Insurance in Michigan

Types of discounts on Michigan insurance

Insurance companies that offer the cheapest insurance for a GMC Sierra in Michigan could also offer premium discounts that can reduce rates by as much as 25% or more if you meet specific eligibility requirements. Companies and some of their more popular discounts are outlined below.

• American Family offers discounts including good student, multi-vehicle, early bird, air bags, and good driver.
• Farm Bureau offers premium reductions for safe driver, multi-vehicle, multi-policy, driver training, and 55 and retired.
• State Farm offers discounts for good student, accident-free, anti-theft, multiple policy, driver’s education, good driver, and Steer Clear safe driver discount.
• Travelers may have discounts that include driver training, hybrid/electric vehicle, student away at school, multi-policy, early quote, and multi-car.
• The Hartford has savings for air bag, bundle, driver training, anti-theft, defensive driver, vehicle fuel type, and good student.
• GEICO includes discounts for multi-vehicle, defensive driver, military active duty, daytime running lights, good student, seat belt use, and anti-theft.
• Progressive has discounts for online quote discount, continuous coverage, homeowner, online signing, multi-vehicle, good student, and multi-policy.

The information below visualizes the comparison of auto insurance rates with and without discounts applied. The premium estimates are based on a male driver, no claims or driving citations, Michigan state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with claim-free, anti-theft, marriage, multiple vehicle, safe-driver, and homeowner discounts applied. When drivers take advantage of discounts, the average amount saved each year on auto insurance for a GMC Sierra is 28% or $1,422.

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Allstate, Progressive, State Farm, or Geico: Who is cheapest?

When shopping around for car insurance, four companies to take a look at are Allstate, Progressive, State Farm, and Geico. If you add them together, they insure over 45% of all auto insurance policies in force. They all have different optional coverages and features that you can select from. The next table compares price and claims rank as well as some different options that may be available in Michigan.