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GMC Canyon Insurance Rates

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Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Apr 30, 2020

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The average insurance prices for a GMC Canyon are $1,310 every 12 months including full coverage. Comprehensive costs an estimated $280 each year, collision costs $482, and liability insurance costs $390. Buying just liability costs as little as $452 a year, with insurance for high-risk drivers costing around $2,822. Teenage drivers cost the most to insure at $4,896 a year or more.

Average premium for full coverage: $1,310

Policy rates broken down by type of insurance:

Comprehensive $280
Collision $482
Liability $390

Prices include $500 deductibles, 30/60 liability coverage, and includes uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Canyon models.

Price Range Variability

Using a 40-year-old driver as an example, GMC Canyon insurance rates go from the cheapest price of $452 for only liability insurance to a high rate of $2,822 for a policy for a high-risk driver.

Liability Only $452
Full Coverage $1,310
High Risk $2,822

Urban vs. Rural Price Range

Your location has a significant impact on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than densely populated cities.

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

Rural Areas $983
Small Cities $1,376
Large Cities $1,769

The examples above highlight why all drivers should compare rates for a targeted area and their own driving history, 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.

Insurance Rate Analysis

The chart below breaks down estimated GMC Canyon insurance rates for other coverage scenarios.

  • The best discount rate is $761
  • Drivers who choose higher $1,000 deductibles will pay approximately $172 every year
  • The average price for a good driver age 40 who has $500 deductibles is $1,310
  • Using low deductibles for comprehensive and collision insurance increases the price to $1,644
  • High risk drivers who are prone to accidents and violations could pay up to $2,822 or more
  • Policy cost to insure a teen driver can cost as much as $4,896 a year

View Chart as Image

GMC Canyon insurance cost comparison chart
Column chart showing full coverage GMC Canyon insurance rates range from $761 to $4,896

Insurance rates for a GMC Canyon also range considerably based on liability limits and deductibles, your driving characteristics, and the model year and trim level.

Using high physical damage deductibles could save up to $510 each year, whereas increasing liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $351 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles could pay as little as $1,200 per year on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay at least $4,800 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 likely paying $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 128% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $1,010 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,870 on average in Louisiana, New York, and Michigan.

GMC Canyon Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,184 -$126 -9.6%
Alaska $1,004 -$306 -23.4%
Arizona $1,088 -$222 -16.9%
Arkansas $1,310 -$0 0.0%
California $1,492 $182 13.9%
Colorado $1,252 -$58 -4.4%
Connecticut $1,346 $36 2.7%
Delaware $1,484 $174 13.3%
Florida $1,640 $330 25.2%
Georgia $1,210 -$100 -7.6%
Hawaii $942 -$368 -28.1%
Idaho $886 -$424 -32.4%
Illinois $976 -$334 -25.5%
Indiana $986 -$324 -24.7%
Iowa $884 -$426 -32.5%
Kansas $1,244 -$66 -5.0%
Kentucky $1,786 $476 36.3%
Louisiana $1,940 $630 48.1%
Maine $808 -$502 -38.3%
Maryland $1,080 -$230 -17.6%
Massachusetts $1,048 -$262 -20.0%
Michigan $2,278 $968 73.9%
Minnesota $1,094 -$216 -16.5%
Mississippi $1,568 $258 19.7%
Missouri $1,164 -$146 -11.1%
Montana $1,408 $98 7.5%
Nebraska $1,036 -$274 -20.9%
Nevada $1,570 $260 19.8%
New Hampshire $942 -$368 -28.1%
New Jersey $1,466 $156 11.9%
New Mexico $1,160 -$150 -11.5%
New York $1,380 $70 5.3%
North Carolina $754 -$556 -42.4%
North Dakota $1,074 -$236 -18.0%
Ohio $906 -$404 -30.8%
Oklahoma $1,346 $36 2.7%
Oregon $1,200 -$110 -8.4%
Pennsylvania $1,250 -$60 -4.6%
Rhode Island $1,748 $438 33.4%
South Carolina $1,188 -$122 -9.3%
South Dakota $1,104 -$206 -15.7%
Tennessee $1,150 -$160 -12.2%
Texas $1,580 $270 20.6%
Utah $970 -$340 -26.0%
Vermont $896 -$414 -31.6%
Virginia $784 -$526 -40.2%
Washington $1,012 -$298 -22.7%
West Virginia $1,202 -$108 -8.2%
Wisconsin $906 -$404 -30.8%
Wyoming $1,168 -$142 -10.8%

View Chart as Image

GMC Canyon insurance rates by U.S. city

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to do a rate comparison from as many companies as possible. Every company uses a different method to calculate rates, so the rates will be varied.

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 $1,198 $100
GMC Canyon SLE Ext Cab 2WD $1,242 $104
GMC Canyon SLE Ext Cab Z71 2WD $1,242 $104
GMC Canyon SLE Crew Cab 2WD $1,284 $107
GMC Canyon SLE Crew Cab Z71 2WD $1,328 $111
GMC Canyon SLE Regular Cab 4WD $1,208 $101
GMC Canyon SLT Ext Cab 2WD $1,328 $111
GMC Canyon SLE Ext Cab 4WD $1,250 $104
GMC Canyon SLT Crew Cab 2WD $1,370 $114
GMC Canyon SLE Ext Cab Z71 4WD $1,294 $108
GMC Canyon SLE Crew Cab 4WD $1,336 $111
GMC Canyon SLE Crew Cab Z71 4WD $1,380 $115
GMC Canyon SLT Crew Cab 4WD $1,380 $115
GMC Canyon SLT Ext Cab 4WD $1,380 $115

Rates assume 2020 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
2020 GMC Canyon $280 $482 $390 $1,310
2019 GMC Canyon $270 $478 $398 $1,304
2018 GMC Canyon $260 $466 $416 $1,300
2017 GMC Canyon $250 $446 $430 $1,284
2016 GMC Canyon $238 $430 $442 $1,268
2015 GMC Canyon $228 $400 $452 $1,238
2012 GMC Canyon $196 $310 $460 $1,124
2011 GMC Canyon $190 $292 $464 $1,104
2010 GMC Canyon $184 $272 $474 $1,088
2009 GMC Canyon $172 $252 $474 $1,056
2008 GMC Canyon $166 $228 $478 $1,030
2007 GMC Canyon $156 $210 $474 $998
2006 GMC Canyon $146 $190 $474 $968
2005 GMC Canyon $142 $170 $468 $938
2004 GMC Canyon $140 $166 $460 $924

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 GMC Canyon insurance not only requires being a safe driver, but also having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Set aside time to shop around every year by requesting rates from direct car insurance companies, and also from local insurance agencies.

Here is a quick rundown of the coverage data raised in the charts and tables above.

  • You may be able to save approximately $160 per year simply by quoting online in advance
  • Increasing comprehensive and collision deductibles could save as much as $500 each year
  • Young drivers are charged the highest rates, with premiums being up to $408 each month if they have full coverage
  • High-risk drivers with reckless driving or DUI convictions may have to pay on average $1,510 more annually for insurance

Rates by Driver Age

GMC Canyon Insurance Rates by Driver Age
Driver Age Premium
16 $4,896
20 $3,012
30 $1,362
40 $1,310
50 $1,196
60 $1,172

Full coverage, $500 deductibles

Rates by Deductible

GMC Canyon Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,644
$250 $1,490
$500 $1,310
$1,000 $1,138

Full coverage, driver age 40

Rates by Liability Limit

GMC Canyon Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,310
50/100 $1,458
100/300 $1,556
250/500 $1,809
100 CSL $1,497
300 CSL $1,712
500 CSL $1,868

Full coverage, driver age 40

Rates for High Risk Drivers

GMC Canyon Insurance Rates for High Risk Drivers
Age Premium
16 $6,972
20 $4,788
30 $2,880
40 $2,822
50 $2,692
60 $2,668

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 $180

Potential Rate Discounts

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

Discount Savings
Multi-policy $69
Multi-vehicle $68
Homeowner $19
5-yr Accident Free $94
5-yr Claim Free $84
Paid in Full/EFT $59
Advance Quote $64
Online Quote $92
Total Discounts $549
Rate after discounts $761

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

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