GMC Canyon Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Dec 10, 2021

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Average auto insurance rates for a GMC Canyon are $1,268 annually for full coverage. Comprehensive costs approximately $238 each year, collision costs $430, and liability coverage is $442. A policy with just liability insurance costs around $496 a year, with coverage for high-risk drivers costing around $2,752. Teen drivers receive the highest rates at $4,882 a year or more.

Average premium for full coverage: $1,268

Rate estimates by individual coverage type:

Comprehensive $238
Collision $430
Liability $442

Full coverage includes $500 deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all states and Canyon models.

Price Range by Coverage and Risk

For a 40-year-old driver, prices range go from as cheap as $496 for just liability coverage to a high rate of $2,752 for a driver required to buy high-risk insurance.

Liability Only $496
Full Coverage $1,268
High Risk $2,752

Price Range by Location

Choosing to live in a large city has a large influence on car insurance rates. Rural locations tend to have fewer accident claims than larger metro areas.

The graphic below illustrates how your location can change auto insurance prices.

Rural Areas $951
Small Cities $1,331
Large Cities $1,712

These examples show why all drivers should compare rates quotes using their specific location and their own personal driving habits, rather than using price averages.

Use the form below to get customized rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Detailed Rate Analysis

The chart below shows estimated GMC Canyon insurance rates for additional coverage and risk scenarios.

  • The lowest rate with discounts is $736
  • Raising to $1,000 deductibles will save $152 a year
  • The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,268
  • Choosing low deductibles will cost $1,562
  • Unlucky drivers with multiple violations and an at-fault accident could pay around $2,752 or more
  • The cost with full coverage for a teenage driver can cost $4,882

View Chart as Image

GMC Canyon insurance cost comparison chart
Column chart showing full coverage GMC Canyon insurance rates range from $736 to $4,882

Insurance rates for a GMC Canyon can also vary considerably based on the trim level of your Canyon, your driver profile, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high physical damage deductibles may only pay around $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,800 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying anywhere from $1,500 to $2,100 additional per year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce rates by up to $450 a year, whereas increasing liability limits will push rates upward. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $398 more each year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on GMC Canyon insurance rates. A middle-age driver might find rates as low as $840 a year in states like Iowa, Maine, and Idaho, or as much as $1,810 on average in New York, Louisiana, and Michigan.

GMC Canyon Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,148 -$120 -9.5%
Alaska $974 -$294 -23.2%
Arizona $1,054 -$214 -16.9%
Arkansas $1,268 -$0 0.0%
California $1,444 $176 13.9%
Colorado $1,212 -$56 -4.4%
Connecticut $1,304 $36 2.8%
Delaware $1,436 $168 13.2%
Florida $1,586 $318 25.1%
Georgia $1,172 -$96 -7.6%
Hawaii $912 -$356 -28.1%
Idaho $858 -$410 -32.3%
Illinois $944 -$324 -25.6%
Indiana $954 -$314 -24.8%
Iowa $854 -$414 -32.6%
Kansas $1,206 -$62 -4.9%
Kentucky $1,732 $464 36.6%
Louisiana $1,880 $612 48.3%
Maine $782 -$486 -38.3%
Maryland $1,048 -$220 -17.4%
Massachusetts $1,016 -$252 -19.9%
Michigan $2,204 $936 73.8%
Minnesota $1,060 -$208 -16.4%
Mississippi $1,520 $252 19.9%
Missouri $1,124 -$144 -11.4%
Montana $1,362 $94 7.4%
Nebraska $1,000 -$268 -21.1%
Nevada $1,520 $252 19.9%
New Hampshire $912 -$356 -28.1%
New Jersey $1,418 $150 11.8%
New Mexico $1,124 -$144 -11.4%
New York $1,338 $70 5.5%
North Carolina $730 -$538 -42.4%
North Dakota $1,038 -$230 -18.1%
Ohio $878 -$390 -30.8%
Oklahoma $1,304 $36 2.8%
Oregon $1,162 -$106 -8.4%
Pennsylvania $1,210 -$58 -4.6%
Rhode Island $1,692 $424 33.4%
South Carolina $1,148 -$120 -9.5%
South Dakota $1,072 -$196 -15.5%
Tennessee $1,112 -$156 -12.3%
Texas $1,528 $260 20.5%
Utah $940 -$328 -25.9%
Vermont $868 -$400 -31.5%
Virginia $760 -$508 -40.1%
Washington $982 -$286 -22.6%
West Virginia $1,162 -$106 -8.4%
Wisconsin $878 -$390 -30.8%
Wyoming $1,132 -$136 -10.7%

View Chart as Image

GMC Canyon insurance rates by U.S. city

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to do a rate comparison and see how they stack up. Every auto insurance company uses a different rate calculation, and rates can be significantly different between companies.

Insurance Rates by Trim Level and Model Year

GMC Canyon Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
GMC Canyon SLE Regular Cab 2WD $1,172 $98
GMC Canyon SLE Ext Cab 2WD $1,208 $101
GMC Canyon SLE Ext Cab Z71 2WD $1,208 $101
GMC Canyon SLE Crew Cab 2WD $1,246 $104
GMC Canyon SLE Crew Cab Z71 2WD $1,284 $107
GMC Canyon SLE Regular Cab 4WD $1,176 $98
GMC Canyon SLT Ext Cab 2WD $1,284 $107
GMC Canyon SLE Ext Cab 4WD $1,216 $101
GMC Canyon SLT Crew Cab 2WD $1,322 $110
GMC Canyon SLE Ext Cab Z71 4WD $1,252 $104
GMC Canyon SLE Crew Cab 4WD $1,290 $108
GMC Canyon SLE Crew Cab Z71 4WD $1,328 $111
GMC Canyon SLT Crew Cab 4WD $1,328 $111
GMC Canyon SLT Ext Cab 4WD $1,328 $111

Rates assume 2018 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

GMC Canyon Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2018 GMC Canyon $238 $430 $442 $1,268
2015 GMC Canyon $210 $338 $460 $1,166
2012 GMC Canyon $184 $272 $474 $1,088
2006 GMC Canyon $140 $166 $460 $924
2005 GMC Canyon $136 $160 $452 $906
2004 GMC Canyon $126 $152 $446 $882

Rates are averaged for all GMC Canyon models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Buy More Affordable GMC Canyon Insurance

Saving money on auto insurance consists of not taking risks behind the wheel, having good credit, eliminating unneeded coverage, and qualifying for all possible discounts. Invest the time to shop around at every policy renewal by obtaining price quotes from direct carriers like Progressive and GEICO, and also from several local insurance agents.

The following is a summary of the data illustrated above.

  • Consumers who purchase higher liability limits will pay about $490 each year to raise from a minimum limit to higher 250/500 limits
  • Drivers can save around $150 per year simply by quoting online in advance
  • Increasing deductibles could save up to $450 each year
  • Teens are the costliest to insure, costing as high as $407 per month if they have full coverage

Rates by Driver Age

GMC Canyon Insurance Rates by Driver Age
Driver Age Premium
16 $4,882
20 $2,936
30 $1,312
40 $1,268
50 $1,162
60 $1,138

Full coverage, $500 deductibles

Rates by Deductible

GMC Canyon Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,562
$250 $1,426
$500 $1,268
$1,000 $1,116

Full coverage, driver age 40

Rates by Liability Limit

GMC Canyon Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,268
50/100 $1,416
100/300 $1,527
250/500 $1,814
100 CSL $1,461
300 CSL $1,704
500 CSL $1,881

Full coverage, driver age 40

Rates for High Risk Drivers

GMC Canyon Insurance Rates for High Risk Drivers
Age Premium
16 $6,942
20 $4,680
30 $2,800
40 $2,752
50 $2,630
60 $2,606

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $177

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $67
Multi-vehicle $68
Homeowner $20
5-yr Accident Free $90
5-yr Claim Free $82
Paid in Full/EFT $55
Advance Quote $61
Online Quote $89
Total Discounts $532
Rate after discounts $736

Discounts are estimated and may not be available from every company or in every state.

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