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: Jun 6, 2023

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U.S. average insurance rates for a GMC Canyon are $1,268 a year for full coverage. Comprehensive costs approximately $238 each year, collision costs $430, and liability insurance costs $442. Liability-only coverage costs as little as $496 a year, with high-risk coverage costing around $2,752. Teenage drivers pay the highest rates at $4,882 a year or more.

Average premium for full coverage: $1,268

Price estimates by individual coverage:

Comprehensive $238
Collision $430
Liability $442

Price estimates include $500 deductible amounts, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Canyon models.

Price Range from Low to High

Using a 40-year-old driver as an example, GMC Canyon insurance prices go from as low as $496 for just liability coverage to a high rate of $2,752 for coverage for higher-risk drivers.

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

Geographic Price Range

Your location has a significant impact on car insurance rates. Rural locations have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates how rural and urban location affects auto insurance prices.

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

The ranges above show why all drivers should compare rates using their specific location and risk profile, rather than relying on average rates.

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 best discount rate is $736
  • Drivers who choose higher $1,000 deductibles will pay $152 a year
  • The average rate for the average middle-age driver who chooses $500 deductibles is $1,268
  • Using low deductibles for comprehensive and collision insurance will increase the cost to $1,562
  • High risk drivers who are prone to accidents and violations could pay around $2,752 or more
  • The price for full coverage for a teen driver can cost $4,882 a year

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

Auto insurance prices for a GMC Canyon are also quite variable based on your driving record, the trim level of your Canyon, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high deductibles could pay as little as $1,200 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay in the ballpark of $4,800 a year. View Rates by Age

The state you live in makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $840 a year in states like Iowa, Maine, and Idaho, or be forced to pay 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

Using high physical damage deductibles could save up to $450 each year, whereas increasing liability limits will push prices upward. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $398 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying anywhere from $1,500 to $2,100 in extra premium each year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to know who has the cheapest car insurance prices is to do a rate comparison from as many companies as possible. Every company uses a different method to calculate prices, and quoted prices may be quite different from one company to the next.

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 Find Cheaper GMC Canyon Insurance

Getting lower rates on GMC Canyon insurance not only requires having a good driving record, but also having good credit, eliminating unnecessary coverage, and not having any coverage lapses. Set aside time to shop around at least once a year by requesting quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The next list is a condensed summary of the primary concepts that were raised in the charts and tables above.

  • Drivers can save around $150 per year simply by quoting online in advance
  • High-risk drivers with multiple at-fault accidents may pay on average $1,480 more per year to buy GMC Canyon insurance
  • Increasing physical damage deductibles can save around $450 each year
  • Drivers age 20 and younger have the highest car insurance prices, with premiums as much as $407 a 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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