GMC Canyon Insurance Rates
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UPDATED: Jun 6, 2023
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U.S. average insurance rates for a GMC Canyon are $1,238 a year including full coverage. Comprehensive insurance costs on average $228 each year, collision costs $400, and liability is $452. Liability-only coverage costs around $504 a year, with high-risk coverage costing $2,680 or more. 16-year-old drivers pay the highest rates at $4,788 a year or more.
Average premium for full coverage: $1,238
Price estimates by individual coverage:
Price estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 U.S. states and Canyon models.
Price Range from Low to High
For the average 40-year-old driver, GMC Canyon insurance prices go from as low as $504 for your basic liability-only policy to a high rate of $2,680 for a high-risk insurance policy.
Geographic Price Range
Choosing to live in a large city can have significant affects on car insurance rates. Rural areas have a lower frequency of comprehensive and collision claims than congested cities.
The graphic below illustrates the difference location can make on car insurance rates.
The ranges above highlight why all drivers should compare rates quotes based on a specific location and risk profile, instead of using rate 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.
More Rate Information
The chart below breaks down estimated GMC Canyon insurance rates for different risk profiles and scenarios.
- The best full coverage rate is $724
- Raising to $1,000 deductibles will save around $142 every year
- The average rate for the average middle-age driver with $500 deductibles is $1,238
- Buying low deductibles will cost an extra $276 every year
- At-risk drivers with multiple tickets or accidents could pay upwards of $2,680 or more
- The price for full coverage for a teen driver may cost $4,788
Auto insurance prices for a GMC Canyon are also quite variable based on your driving record, the model of your Canyon, and policy deductibles and limits.
More mature drivers with a good driving record and high deductibles may pay as little as $1,200 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even good drivers will have to pay upwards of $4,700 a year. View Rates by Age
The state you live in also has a big influence on GMC Canyon insurance prices. A middle-age driver might find prices as low as $950 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,770 on average in Michigan, New York, and Louisiana.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,120 | -$118 | -9.5% |
| Alaska | $948 | -$290 | -23.4% |
| Arizona | $1,028 | -$210 | -17.0% |
| Arkansas | $1,238 | -$0 | 0.0% |
| California | $1,410 | $172 | 13.9% |
| Colorado | $1,182 | -$56 | -4.5% |
| Connecticut | $1,272 | $34 | 2.7% |
| Delaware | $1,400 | $162 | 13.1% |
| Florida | $1,550 | $312 | 25.2% |
| Georgia | $1,142 | -$96 | -7.8% |
| Hawaii | $888 | -$350 | -28.3% |
| Idaho | $836 | -$402 | -32.5% |
| Illinois | $922 | -$316 | -25.5% |
| Indiana | $932 | -$306 | -24.7% |
| Iowa | $834 | -$404 | -32.6% |
| Kansas | $1,176 | -$62 | -5.0% |
| Kentucky | $1,690 | $452 | 36.5% |
| Louisiana | $1,832 | $594 | 48.0% |
| Maine | $762 | -$476 | -38.4% |
| Maryland | $1,020 | -$218 | -17.6% |
| Massachusetts | $990 | -$248 | -20.0% |
| Michigan | $2,150 | $912 | 73.7% |
| Minnesota | $1,034 | -$204 | -16.5% |
| Mississippi | $1,482 | $244 | 19.7% |
| Missouri | $1,096 | -$142 | -11.5% |
| Montana | $1,330 | $92 | 7.4% |
| Nebraska | $976 | -$262 | -21.2% |
| Nevada | $1,486 | $248 | 20.0% |
| New Hampshire | $892 | -$346 | -27.9% |
| New Jersey | $1,382 | $144 | 11.6% |
| New Mexico | $1,096 | -$142 | -11.5% |
| New York | $1,302 | $64 | 5.2% |
| North Carolina | $714 | -$524 | -42.3% |
| North Dakota | $1,014 | -$224 | -18.1% |
| Ohio | $856 | -$382 | -30.9% |
| Oklahoma | $1,270 | $32 | 2.6% |
| Oregon | $1,132 | -$106 | -8.6% |
| Pennsylvania | $1,182 | -$56 | -4.5% |
| Rhode Island | $1,650 | $412 | 33.3% |
| South Carolina | $1,120 | -$118 | -9.5% |
| South Dakota | $1,044 | -$194 | -15.7% |
| Tennessee | $1,084 | -$154 | -12.4% |
| Texas | $1,492 | $254 | 20.5% |
| Utah | $916 | -$322 | -26.0% |
| Vermont | $848 | -$390 | -31.5% |
| Virginia | $740 | -$498 | -40.2% |
| Washington | $956 | -$282 | -22.8% |
| West Virginia | $1,134 | -$104 | -8.4% |
| Wisconsin | $856 | -$382 | -30.9% |
| Wyoming | $1,104 | -$134 | -10.8% |
Opting for high physical damage deductibles can reduce prices by up to $420 every year, whereas increasing liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $407 extra every year. View Rates by Deductible or Liability Limit
If you have some driving violations or tend to cause accidents, you are likely paying at a minimum $1,500 to $2,100 in extra premium each year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 44% to 135% more than the average rate. View High Risk Driver Rates
Since prices can be so different, the best way to figure out exactly what you will pay is to do a rate comparison and see which company has the best price. Every auto insurance company utilizes a different rate formula, and quoted prices may be quite different from one company to the next.
Insurance Rates by Trim Level and Model Year
| Model and Trim | Annual Premium | Monthly Premium |
|---|---|---|
| GMC Canyon SLE Regular Cab 2WD | $1,146 | $96 |
| GMC Canyon SLE Ext Cab 2WD | $1,180 | $98 |
| GMC Canyon SLE Ext Cab Z71 2WD | $1,180 | $98 |
| GMC Canyon SLE Crew Cab 2WD | $1,216 | $101 |
| GMC Canyon SLE Crew Cab Z71 2WD | $1,252 | $104 |
| GMC Canyon SLE Regular Cab 4WD | $1,154 | $96 |
| GMC Canyon SLT Ext Cab 2WD | $1,252 | $104 |
| GMC Canyon SLE Ext Cab 4WD | $1,188 | $99 |
| GMC Canyon SLT Crew Cab 2WD | $1,288 | $107 |
| GMC Canyon SLE Ext Cab Z71 4WD | $1,222 | $102 |
| GMC Canyon SLE Crew Cab 4WD | $1,260 | $105 |
| GMC Canyon SLE Crew Cab Z71 4WD | $1,294 | $108 |
| GMC Canyon SLT Crew Cab 4WD | $1,294 | $108 |
| GMC Canyon SLT Ext Cab 4WD | $1,294 | $108 |
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 | $228 | $400 | $452 | $1,238 |
| 2015 GMC Canyon | $196 | $310 | $460 | $1,124 |
| 2012 GMC Canyon | $172 | $252 | $474 | $1,056 |
| 2006 GMC Canyon | $136 | $160 | $452 | $906 |
| 2005 GMC Canyon | $126 | $152 | $446 | $882 |
| 2004 GMC Canyon | $120 | $144 | $442 | $864 |
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 Find Cheaper GMC Canyon Insurance
Getting lower rates on car insurance consists of being a safe and courteous driver, having good credit, being claim-free, and taking advantage of discounts. Make time to compare rates at least every other year by requesting rates from direct car insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.
Below is a condensed summary of the car insurance concepts touched on in this article.
- Higher risk drivers with multiple at-fault accidents may pay on average $1,440 more each year for auto insurance
- You may be able to save as much as $150 per year simply by quoting online in advance
- Increasing physical damage deductibles can save around $425 each year
- Policyholders who require higher levels of liability will pay around $500 per year to raise from a low limit to 250/500 limits
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $4,788 |
| 20 | $2,860 |
| 30 | $1,276 |
| 40 | $1,238 |
| 50 | $1,134 |
| 60 | $1,112 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,514 |
| $250 | $1,386 |
| $500 | $1,238 |
| $1,000 | $1,096 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,238 |
| 50/100 | $1,384 |
| 100/300 | $1,497 |
| 250/500 | $1,791 |
| 100 CSL | $1,430 |
| 300 CSL | $1,678 |
| 500 CSL | $1,859 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $6,802 |
| 20 | $4,556 |
| 30 | $2,724 |
| 40 | $2,680 |
| 50 | $2,562 |
| 60 | $2,540 |
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 | $65 |
| Multi-vehicle | $66 |
| Homeowner | $20 |
| 5-yr Accident Free | $86 |
| 5-yr Claim Free | $80 |
| Paid in Full/EFT | $52 |
| Advance Quote | $59 |
| Online Quote | $86 |
| Total Discounts | $514 |
Discounts are estimated and may not be available from every company or in every state.
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