GMC Canyon Insurance Rates
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UPDATED: Jun 3, 2023
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U.S. average insurance prices for a GMC Canyon are $1,030 every 12 months for full coverage. Comprehensive costs on average $166 a year, collision insurance costs $228, and liability is estimated at $478. Buying just liability costs approximately $526 a year, and insurance for high-risk drivers costs around $2,222. Teen drivers pay the highest rates at up to $4,154 a year.
Average premium for full coverage: $1,030
Price estimates by individual coverage:
Estimates include $500 deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Canyon trim levels.
Price Range from Low to High
For a driver around age 40, GMC Canyon insurance prices range from the cheapest price of $526 for just liability coverage to a high of $2,222 for a driver who has had serious violations or accidents.
Geographic Price Range
Living in a larger city can make a big difference on car insurance rates. Rural areas have more infrequent accident claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on car insurance rates.
The ranges above show why it is important to get quotes based on a specific location and their own driving history, instead of making a decision based on 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.
Detailed Rate Analysis
The chart below shows average GMC Canyon insurance rates for different risk profiles and scenarios.
- The lowest rate with discounts is $623
- Choosing higher $1,000 deductibles can save around $940 a year
- The average price for the average middle-age driver with $500 deductibles is $1,030
- Choosing low $100 deductibles for comp and collision coverage increases the price to $1,202
- Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,222
- The price to insure a 16-year-old driver may cost $4,154 each year
Insurance prices for a GMC Canyon are also quite variable based on deductibles and policy limits, your driver profile, and the trim level of your Canyon.
Choosing high deductibles can save as much as $270 annually, while buying higher liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $430 more each year. View Rates by Deductible or Liability Limit
Older drivers with no violations or accidents and higher deductibles may pay as low as $1,000 annually on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers should be prepared to pay upwards of $4,100 a year. View Rates by Age
If you have some driving violations or you were responsible for an accident, you could be paying at a minimum $1,200 to $1,800 additional each year, depending on your age. A high-risk auto insurance policy ranges from 43% to 129% more than average. View High Risk Driver Rates
The state you live in plays a big part in determining prices for GMC Canyon insurance prices. A good driver about age 40 could pay as low as $680 a year in states like Idaho, Maine, and Iowa, or as much as $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% |
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 Low Cost GMC Canyon Insurance
Getting lower rates on insurance for a GMC Canyon takes not taking risks behind the wheel, having above-average credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Set aside time to compare rates every other policy renewal by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.
The following is a review of the ideas that were covered above.
- Teens pay higher prices, with premiums as much as $346 a month if full coverage is included
- Drivers considered higher risk who have several accidents or serious violations pay an average of $1,190 more each year for Canyon insurance
- Increasing physical damage deductibles could save as much as $250 each year
- Drivers can save as much as $120 per year just by quoting early and online
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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