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The GMC Hummer EV Pickup does a lot of things big. The Hummer EV weighs 9,000 pounds, can hit 60 miles per hour in three seconds, and has a 350-mile range. It costs as much as some houses. It’s also more than 18 feet long and 7.25 feet wide. Now, add one more big thing: insurance premiums.

How much is the Hummer EV truck to insure?

A white Hummer EV in the desert
GMC Hummer EV Pickup | GMC

According to online insurance carrier the GMC Hummer EV Pickup is the most expensive truck to insure today. It will cost about $462 more on average, annually, to insure the truck, compared to the Ford F-150, which is the cheapest full-sized truck to insure. It will cost about $1,940 a year to insure it. But, if you can afford the $110,295 purchase price of an Edition 1 Hummer EV, a few hundred dollars more a year isn’t that big a deal. Base Hummer EVs are

How many Hummer EVs were sold?

The interior of the Hummer EV Pickup
Hummer EV Pickup interior | GMC

So far General Motors has more than 77,000 reservations for the GMC Hummer EV Truck. But, GMC delivered less than 400, according to Business Insider. While many are waiting for their Hummer EV Trucks to be delivered, buyers are snapping them up at a premium on auction sites like Cars and Bids or Bring a Trailer for much more than their MSRP.

What is the Hummer EV Truck?

GMC Hummer EV in the Desert
GMC Hummer EV in the Desert | GMC

General Motors wanted to re-launch the Hummer brand with something that still said (or yelled) “Hummer,” but without the gas-guzzling image that the brand had before. So, it went electric. But a Hummer can’t be subtle, and the EV is anything but. From its 1,000-horsepower three-motor powertrain to its removable roof and its four-wheel steering system. Next year GMC is promising an SUV version, too.

The Hummer EV truck seats five, and does many truck things. It can tow 7,500 pounds, hold 1,500 pounds in its five-foot bed, and go off-road with aplomb with a sophisticated four-wheel drive system.

What trim levels is the Hummer EV available in?

2024 Hummer SUV in greeen
2024 Hummer EV SUV | GMC

The Hummer EV comes in four versions. The most expensive, the Hummer EV Edition 1 sold out at $110,295 apiece. The Hummer EV2 starts at $84,650 and has two motors making 625 horsepower and a range of 250 miles. The Hummer EV2X starts at $94,650 and has the same two-motor powertrain, but up to 300 miles of range. The 2X adds four-wheel steering, adaptive air suspension, ride control, and is 800-volt fast charge capable.

The EV3X is the premium version and includes everything from the 2X and torque vectoring steering, larger 35-inch tires, and more. It gets the three-motor drivetrain with 830 horsepower, Watts to Freedom mode, and a 300-mile range. You can add transparent panels, or the extreme off-road package, too.


We Knew It: New Electric Trucks Command a Premium at Auction Sites