GMC Canyon Insurance Rates

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

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

Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

UPDATED: May 17, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

The average insurance prices for a GMC Canyon are $998 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $156, collision costs $210, and liability is $474. Buying just liability costs around $522 a year, with insurance for high-risk drivers costing $2,148 or more. Teen drivers cost the most to insure at $4,040 a year or more.

Average premium for full coverage: $998

Policy rates by type of insurance:

Comprehensive $156
Collision $210
Liability $474

Prices include $500 deductible amounts, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and for different Canyon trim levels.

Price Range Variability

Using a middle-aged driver as an example, GMC Canyon insurance rates go from the cheapest price of $522 for just liability insurance to a much higher rate of $2,148 for a driver who requires high-risk insurance.

Liability Only $522
Full Coverage $998
High Risk $2,148

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than larger metro areas.

The price range example below illustrates how where you live affects auto insurance prices.

Rural Areas $749
Small Cities $1,048
Large Cities $1,347

The examples above illustrate why anyone shopping for car insurance should compare rates quotes using their specific location and their own driving history, instead of 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.

More Rate Details

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

  • The lowest rate with discounts is $606
  • Raising to $1,000 deductibles will save $84 each year
  • The average price for a good driver age 40 who chooses $500 deductibles is $998
  • Choosing more expensive low deductibles costs an extra $156 every year
  • At-risk drivers with multiple violations and an at-fault accident could pay around $2,148 or more
  • Policy cost to insure a teen driver with full coverage can cost $4,040

View Chart as Image

GMC Canyon insurance cost comparison chart
Column chart showing full coverage GMC Canyon insurance prices range from $606 to $4,040

Insurance rates for a GMC Canyon also range considerably based on liability limits and deductibles, your risk profile, and the model of your Canyon.

Choosing high deductibles can reduce rates by up to $240 every year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay in the ballpark of $4,000 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance is expensive and can cost as much as 42% to 134% more than average. View High Risk Driver Rates

Your home state also has a big influence on GMC Canyon insurance prices. A middle-age driver might find rates as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,350 on average in Florida, New York, and Michigan.

GMC Canyon Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $902 -$96 -9.6%
Alaska $762 -$236 -23.6%
Arizona $826 -$172 -17.2%
Arkansas $998 -$0 0.0%
California $1,134 $136 13.6%
Colorado $952 -$46 -4.6%
Connecticut $1,026 $28 2.8%
Delaware $1,130 $132 13.2%
Florida $1,248 $250 25.1%
Georgia $920 -$78 -7.8%
Hawaii $716 -$282 -28.3%
Idaho $674 -$324 -32.5%
Illinois $742 -$256 -25.7%
Indiana $748 -$250 -25.1%
Iowa $672 -$326 -32.7%
Kansas $948 -$50 -5.0%
Kentucky $1,360 $362 36.3%
Louisiana $1,474 $476 47.7%
Maine $616 -$382 -38.3%
Maryland $820 -$178 -17.8%
Massachusetts $798 -$200 -20.0%
Michigan $1,732 $734 73.5%
Minnesota $834 -$164 -16.4%
Mississippi $1,192 $194 19.4%
Missouri $884 -$114 -11.4%
Montana $1,070 $72 7.2%
Nebraska $786 -$212 -21.2%
Nevada $1,196 $198 19.8%
New Hampshire $716 -$282 -28.3%
New Jersey $1,114 $116 11.6%
New Mexico $884 -$114 -11.4%
New York $1,050 $52 5.2%
North Carolina $574 -$424 -42.5%
North Dakota $816 -$182 -18.2%
Ohio $688 -$310 -31.1%
Oklahoma $1,024 $26 2.6%
Oregon $912 -$86 -8.6%
Pennsylvania $952 -$46 -4.6%
Rhode Island $1,328 $330 33.1%
South Carolina $902 -$96 -9.6%
South Dakota $840 -$158 -15.8%
Tennessee $874 -$124 -12.4%
Texas $1,200 $202 20.2%
Utah $738 -$260 -26.1%
Vermont $684 -$314 -31.5%
Virginia $596 -$402 -40.3%
Washington $772 -$226 -22.6%
West Virginia $912 -$86 -8.6%
Wisconsin $690 -$308 -30.9%
Wyoming $888 -$110 -11.0%

View Chart as Image

GMC Canyon insurance rates by U.S. city

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to compare rates and see which company has the best rate. Every auto insurance company uses a different rate calculation, so the rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2011 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
2024 GMC Canyon $280 $482 $390 $1,310
2023 GMC Canyon $270 $478 $398 $1,304
2022 GMC Canyon $260 $466 $416 $1,300
2021 GMC Canyon $250 $446 $430 $1,284
2020 GMC Canyon $238 $430 $442 $1,268
2019 GMC Canyon $228 $400 $452 $1,238
2018 GMC Canyon $218 $376 $456 $1,208
2017 GMC Canyon $210 $338 $460 $1,166
2016 GMC Canyon $196 $310 $460 $1,124
2015 GMC Canyon $190 $292 $464 $1,104
2012 GMC Canyon $166 $228 $478 $1,030
2011 GMC Canyon $156 $210 $474 $998
2010 GMC Canyon $146 $190 $474 $968
2006 GMC Canyon $126 $152 $446 $882
2005 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 Shop for the Right GMC Canyon Insurance

Finding cheaper rates on car insurance consists of having a good driving record, having good credit, being claim-free, and maximizing policy discounts. Take the time to comparison shop at every other renewal by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The next list is a quick rundown of the concepts that were touched on in the above illustrations.

  • Higher risk drivers with reckless driving or DUI convictions may have to pay on average $1,150 more per year to buy GMC Canyon insurance
  • Drivers age 20 and younger are expensive to insure, possibly costing $337 each month if they have full coverage
  • It is possible to save around $110 per year simply by shopping early and online
  • Increasing comprehensive and collision deductibles could save as much as $250 each year
  • It is possible to save around $110 per year simply by shopping early and online

Rates by Driver Age

GMC Canyon Insurance Rates by Driver Age
Driver Age Premium
16 $4,040
20 $2,282
30 $1,012
40 $998
50 $914
60 $896

Full coverage, $500 deductibles

Rates by Deductible

GMC Canyon Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,154
$250 $1,082
$500 $998
$1,000 $914

Full coverage, driver age 40

Rates by Liability Limit

GMC Canyon Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $998
50/100 $1,125
100/300 $1,243
250/500 $1,551
100 CSL $1,172
300 CSL $1,433
500 CSL $1,623

Full coverage, driver age 40

Rates for High Risk Drivers

GMC Canyon Insurance Rates for High Risk Drivers
Age Premium
16 $5,688
20 $3,640
30 $2,162
40 $2,148
50 $2,054
60 $2,032

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 $134

Potential Rate Discounts

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

Discount Savings
Multi-policy $50
Multi-vehicle $54
Homeowner $18
5-yr Accident Free $60
5-yr Claim Free $63
Paid in Full/EFT $36
Advance Quote $44
Online Quote $67
Total Discounts $392
Rate after discounts $606

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

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

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

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles