GMC Canyon Insurance Rates
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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:
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.
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.
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
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.
| 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% |
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
| 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.
| 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
Rate Tables and Charts
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
| Deductible | Premium |
|---|---|
| $100 | $1,562 |
| $250 | $1,426 |
| $500 | $1,268 |
| $1,000 | $1,116 |
Full coverage, driver age 40
Rates by Liability Limit
| 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
| 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.
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 |
Discounts are estimated and may not be available from every company or in every state.
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