GMC Canyon Insurance Rates
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UPDATED: May 17, 2024
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Estimated insurance prices for a GMC Canyon are $1,030 every 12 months for full coverage. Comprehensive costs on average $166 each year, collision costs $228, and liability insurance costs $478. Liability-only coverage costs as little as $526 a year, with high-risk coverage costing around $2,222. 16-year-old drivers pay the most at $4,154 a year or more.
Average premium for full coverage: $1,030
Premium estimates by type of coverage:
Includes $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all states and Canyon models.
Insurance Price Range by Risk and Coverage
For a 40-year-old driver, insurance rates for a GMC Canyon go from the cheapest price of $526 for the bare minimum liability coverage to a high rate of $2,222 for a high-risk driver policy.
Insurance Price Range by Location
Your location has a significant impact on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than congested cities.
The graphic below illustrates how your location can change car insurance rates.
These rate differences show why all drivers should compare rates based on a specific location and their own driving history, rather than relying on 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.
Additional Rate Information
The chart below shows estimated GMC Canyon insurance rates for different risk profiles and scenarios.
- The best full coverage rate is $623
- Drivers who choose higher $1,000 deductibles will pay around $90 a year
- The average price for a 40-year-old good driver with $500 deductibles is $1,030
- Buying low deductibles for comprehensive and collision insurance increases the price to $1,202
- High risk drivers with multiple tickets or accidents could pay upwards of $2,222 or more
- An auto insurance policy to insure a teen driver may cost $4,154 a year
Insurance prices for a GMC Canyon also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the trim level of your Canyon.
Opting for high physical damage deductibles could save up to $270 each year, whereas increasing liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost up to $430 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 $1,000 per year on average, or $83 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers can expect to pay upwards of $4,100 a year. View Rates by Age
If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,200 to $1,800 extra annually, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 129% more than the average rate. View High Risk Driver Rates
Where you choose to live makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $680 a year in states like Idaho, Maine, and Iowa, or at least $1,470 on average in Michigan, Louisiana, and New York.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $932 | -$98 | -9.5% |
| Alaska | $792 | -$238 | -23.1% |
| Arizona | $856 | -$174 | -16.9% |
| Arkansas | $1,030 | -$0 | 0.0% |
| California | $1,174 | $144 | 14.0% |
| Colorado | $984 | -$46 | -4.5% |
| Connecticut | $1,062 | $32 | 3.1% |
| Delaware | $1,166 | $136 | 13.2% |
| Florida | $1,290 | $260 | 25.2% |
| Georgia | $952 | -$78 | -7.6% |
| Hawaii | $740 | -$290 | -28.2% |
| Idaho | $698 | -$332 | -32.2% |
| Illinois | $768 | -$262 | -25.4% |
| Indiana | $776 | -$254 | -24.7% |
| Iowa | $694 | -$336 | -32.6% |
| Kansas | $982 | -$48 | -4.7% |
| Kentucky | $1,408 | $378 | 36.7% |
| Louisiana | $1,524 | $494 | 48.0% |
| Maine | $636 | -$394 | -38.3% |
| Maryland | $850 | -$180 | -17.5% |
| Massachusetts | $826 | -$204 | -19.8% |
| Michigan | $1,794 | $764 | 74.2% |
| Minnesota | $864 | -$166 | -16.1% |
| Mississippi | $1,236 | $206 | 20.0% |
| Missouri | $916 | -$114 | -11.1% |
| Montana | $1,108 | $78 | 7.6% |
| Nebraska | $814 | -$216 | -21.0% |
| Nevada | $1,236 | $206 | 20.0% |
| New Hampshire | $742 | -$288 | -28.0% |
| New Jersey | $1,154 | $124 | 12.0% |
| New Mexico | $912 | -$118 | -11.5% |
| New York | $1,086 | $56 | 5.4% |
| North Carolina | $594 | -$436 | -42.3% |
| North Dakota | $844 | -$186 | -18.1% |
| Ohio | $712 | -$318 | -30.9% |
| Oklahoma | $1,058 | $28 | 2.7% |
| Oregon | $944 | -$86 | -8.3% |
| Pennsylvania | $984 | -$46 | -4.5% |
| Rhode Island | $1,376 | $346 | 33.6% |
| South Carolina | $934 | -$96 | -9.3% |
| South Dakota | $870 | -$160 | -15.5% |
| Tennessee | $904 | -$126 | -12.2% |
| Texas | $1,244 | $214 | 20.8% |
| Utah | $766 | -$264 | -25.6% |
| Vermont | $706 | -$324 | -31.5% |
| Virginia | $618 | -$412 | -40.0% |
| Washington | $796 | -$234 | -22.7% |
| West Virginia | $944 | -$86 | -8.3% |
| Wisconsin | $714 | -$316 | -30.7% |
| Wyoming | $920 | -$110 | -10.7% |
With such a large range in prices, the only way to know exactly what you will pay is to do a rate comparison from as many companies as possible. Every company utilizes a different rate formula, so the prices will be substantially different.
Insurance Rates by Trim Level and Model Year
| Model and Trim | Annual Premium | Monthly Premium |
|---|---|---|
| GMC Canyon SLE Regular Cab 2WD | $972 | $81 |
| GMC Canyon SLE Ext Cab 2WD | $994 | $83 |
| GMC Canyon SLE Ext Cab Z71 2WD | $994 | $83 |
| GMC Canyon SLE Crew Cab 2WD | $1,014 | $85 |
| GMC Canyon SLE Crew Cab Z71 2WD | $1,038 | $87 |
| GMC Canyon SLE Regular Cab 4WD | $980 | $82 |
| GMC Canyon SLT Ext Cab 2WD | $1,038 | $87 |
| GMC Canyon SLE Ext Cab 4WD | $1,002 | $84 |
| GMC Canyon SLT Crew Cab 2WD | $1,060 | $88 |
| GMC Canyon SLE Ext Cab Z71 4WD | $1,024 | $85 |
| GMC Canyon SLE Crew Cab 4WD | $1,046 | $87 |
| GMC Canyon SLE Crew Cab Z71 4WD | $1,070 | $89 |
| GMC Canyon SLT Crew Cab 4WD | $1,070 | $89 |
| GMC Canyon SLT Ext Cab 4WD | $1,070 | $89 |
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.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 GMC Canyon | $294 | $500 | $372 | $1,324 |
| 2023 GMC Canyon | $280 | $482 | $390 | $1,310 |
| 2022 GMC Canyon | $270 | $478 | $398 | $1,304 |
| 2021 GMC Canyon | $260 | $466 | $416 | $1,300 |
| 2020 GMC Canyon | $250 | $446 | $430 | $1,284 |
| 2019 GMC Canyon | $238 | $430 | $442 | $1,268 |
| 2018 GMC Canyon | $228 | $400 | $452 | $1,238 |
| 2017 GMC Canyon | $218 | $376 | $456 | $1,208 |
| 2016 GMC Canyon | $210 | $338 | $460 | $1,166 |
| 2015 GMC Canyon | $196 | $310 | $460 | $1,124 |
| 2012 GMC Canyon | $172 | $252 | $474 | $1,056 |
| 2011 GMC Canyon | $166 | $228 | $478 | $1,030 |
| 2010 GMC Canyon | $156 | $210 | $474 | $998 |
| 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 Shop for the Cheapest GMC Canyon Insurance
Finding better rates on GMC Canyon insurance not only requires being a low-risk driver, but also having good credit, not filing small claims, and bundling your home and auto policies. Invest the time to shop around every time your policy renews by getting rate quotes from direct carriers, and also from local independent and exclusive agents.
The items below are a recap of the information illustrated above.
- Drivers can save as much as $120 per year simply by quoting online in advance
- Teen drivers pay the highest prices, as much as $346 per month if they have full coverage
- Increasing policy deductibles could save as much as $250 each year
- High-risk drivers that have major violations or accidents pay an average of $1,190 more each year to insure their Canyon
- Drivers who require more liability coverage will pay around $530 each year to go from 30/60 bodily injury limits to a 250/500 level
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $4,154 |
| 20 | $2,362 |
| 30 | $1,048 |
| 40 | $1,030 |
| 50 | $948 |
| 60 | $928 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,202 |
| $250 | $1,124 |
| $500 | $1,030 |
| $1,000 | $940 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,030 |
| 50/100 | $1,166 |
| 100/300 | $1,285 |
| 250/500 | $1,596 |
| 100 CSL | $1,213 |
| 300 CSL | $1,476 |
| 500 CSL | $1,668 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $5,856 |
| 20 | $3,768 |
| 30 | $2,242 |
| 40 | $2,222 |
| 50 | $2,126 |
| 60 | $2,104 |
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 | $52 |
| Multi-vehicle | $56 |
| Homeowner | $18 |
| 5-yr Accident Free | $63 |
| 5-yr Claim Free | $65 |
| Paid in Full/EFT | $38 |
| Advance Quote | $45 |
| Online Quote | $70 |
| Total Discounts | $407 |
Discounts are estimated and may not be available from every company or in every state.
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