Online GMC Canyon Insurance Rates [Coverage Guide]

If you want to buy cheap GMC Canyon insurance coverage then you should know that a policy will cost $109 per month ($1,304 per year) on average. On average, GMC Canyon comprehensive insurance coverage costs $318, collision coverage costs $464, and liability coverage costs $368.

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Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

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Cynthia Lanctot is an insurance professional with ten years of industry experience. Cynthia is licensed in several states, and holds an associate in claims law, as well as a bachelor’s degree in English. Cynthia’s experience includes the New England and Northeast states. She currently works as a liability claims professional and an occasional online contributor.

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Reviewed by Cynthia Lanctot
Licensed Agent

UPDATED: Jul 16, 2021

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Key takeaways:

  • Full coverage costs around $1,304 a year or $109 each month
  • A liability-only policy costs around $522 a year or $44 each month
  • Highest rates are for teenage drivers at around $4,766 a year or $397 each month
  • Good drivers can save as much as $538 a year by earning policy discounts
  • GMC Canyon insurance costs around $215 less per year than the average vehicle

Do you need help finding cheap GMC Canyon insurance rates? Full coverage for a GMC Canyon costs around $1,304 a year, or $109 each month. Multiple factors determine these rates, from the GMC Canyon’s model year to the driver’s age. Learn more.

You can start comparing quotes for GMC Canyon car insurance rates from some of the best car insurance companies by using our free online tool now.

GMC Canyon Insurance Cost

The average car insurance costs for a GMC Canyon are $1,304 a year or $109 a month.

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Are GMC Canyons Expensive to Insure?

The chart below details how GMC Canyon insurance rates compare to other trucks like the Chevrolet Silverado 2500HD, GMC Sierra 3500HD, and Honda Ridgeline.

Vehicle Comprehensive Collision Liability Total
GMC Canyon $270 $478 $398 $1,304
Chevrolet Silverado 2500HD $362 $688 $420 $1,650
GMC Sierra 3500HD $376 $656 $420 $1,632
Honda Ridgeline $306 $536 $450 $1,472
GMC Sierra $336 $594 $372 $1,460
Ford F-150 $322 $470 $372 $1,322
Toyota Tundra $320 $512 $440 $1,452
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However, there are a few things you can do to find the cheapest GMC insurance rates online.

What Impacts the Cost of GMC Canyon Insurance?

The GMC Canyon trim and model you choose can impact the total price you will pay for GMC Canyon car insurance coverage.

Age of the Vehicle

Older GMC Canyon models generally cost less to insure. For example, auto insurance rates for a 2018 GMC Canyon are $1,304, while 2010 GMC Canyon rates are $1,104, a difference of $200.

Model Year Comprehensive Collision Liability Total
2018 GMC Canyon $270 $478 $398 $1,304
2017 GMC Canyon $260 $466 $416 $1,300
2016 GMC Canyon $250 $446 $430 $1,284
2015 GMC Canyon $238 $430 $442 $1,268
2012 GMC Canyon $210 $338 $460 $1,166
2011 GMC Canyon $196 $310 $460 $1,124
2010 GMC Canyon $190 $292 $464 $1,104
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Driver Age

Driver age can have a significant effect on the cost of GMC Canyon car insurance. For example, a 20-year-old driver could pay around $133 more each month for their GMC Canyon car insurance than 30-year-old driver.

Driver Location

Where you live can have a large impact on GMC Canyon insurance rates. For example, drivers in Phoenix may pay $717 a year less than drivers in Los Angeles.

Your Driving Record

Your driving record can have an impact on the cost of GMC Canyon car insurance. Teens and drivers in their 20’s see the highest jump in their GMC Canyon auto insurance rates with violations on their driving record.

GMC Canyon Safety Ratings

Your GMC Canyon car insurance rates are tied to the safety ratings of the GMC Canyon. See the breakdown below:

Test Type Rating
Small overlap front: driver-side Good
Small overlap front: passenger-side Marginal
Moderate overlap front Good
Side Good
Roof strength Good
Head restraints and seats Good
Source: Insurance Institute for Highway Safety
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GMC Canyon Crash Test Ratings

Good GMC Canyon crash test ratings can lower your GMC Canyon auto insurance rates. See GMC Canyon crash test results below:

Vehicle Tested Overall Frontal Side Rollover
2020 GMC Canyon PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2020 GMC Canyon PU/EC 2WD 4 stars 4 stars 5 stars 3 stars
2020 GMC Canyon PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
2020 GMC Canyon PU/CC 2WD 4 stars 4 stars 5 stars 3 stars
2019 GMC Canyon PU/EC RWD 4 stars 4 stars 5 stars 3 stars
2019 GMC Canyon PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2019 GMC Canyon PU/CC RWD 4 stars 4 stars 5 stars 3 stars
2019 GMC Canyon PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
2018 GMC Canyon PU/EC RWD 4 stars 4 stars 5 stars 3 stars
2018 GMC Canyon PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2018 GMC Canyon PU/CC RWD 4 stars 4 stars 5 stars 3 stars
2018 GMC Canyon PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
2017 GMC Canyon PU/EC RWD 4 stars 4 stars 5 stars 3 stars
2017 GMC Canyon PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2017 GMC Canyon PU/CC RWD 4 stars 4 stars 5 stars 3 stars
2017 GMC Canyon PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
2016 GMC Canyon PU/EC RWD 4 stars 4 stars 5 stars 3 stars
2016 GMC Canyon PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2016 GMC Canyon PU/CC RWD 4 stars 4 stars 5 stars 3 stars
2016 GMC Canyon PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration
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GMC Canyon Safety Features

Good GMC Canyon safety features can result in insurers giving you car insurance discounts. The safety features for the 2020 GMC Canyon are:

  • Driver Air Bag
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Air Bag
  • Front Side Air Bag
  • 4-Wheel ABS
  • 4-Wheel Disc Brakes
  • Electronic Stability Control
  • Daytime Running Lights
  • Traction Control

GMC Canyon Insurance Loss Probability

The GMC Canyon’s insurance loss ratio varies between different coverage types. While some types of insurance loss ratios are higher for the GMC Canyon, others are more favorable and lead to lower insurance rates.

Insurance Coverage Category Loss Rate
Collision -46%
Property Damage no data
Comprehensive -12%
Personal Injury no data
Medical Payment no data
Bodily Injury no data
Source: Insurance Institute for Highway Safety
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GMC Canyon Finance and Insurance Cost

If you are financing a GMC Canyon, you will pay more if you purchase GMC Canyon car insurance at the dealership, so be sure to shop around and compare GMC Canyon car insurance quotes from the best companies using our FREE tool below.

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Ways to Save on GMC Canyon Insurance

You have more options at your disposal to save money on your GMC Canyon car insurance costs. For example, try these five tips:

  • Spy on Your Teen Driver
  • Compare GMC Canyon Quotes for Free Online
  • Understand that Insurance Companies Can’t Change Your GMC Canyon Auto Insurance Rate Mid-Term Based on Changes to Your Credit Score
  • Get Married and Ask for a Discount
  • Renew Your GMC Canyon Insurance Coverage to Avoid Lapses

Top GMC Canyon Insurance Companies

Who is the best auto insurance company for GMC Canyon insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering GMC Canyon auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the GMC Canyon offers.

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO $46,106,971 6.6%
3 Progressive $39,222,879 5.6%
4 Liberty Mutual $35,600,051 5.1%
5 Allstate $35,025,903 5.0%
6 Travelers $28,016,966 4.0%
7 USAA $23,483,080 3.3%
8 Chubb $23,388,385 3.3%
9 Farmers $20,643,559 2.9%
10 Nationwide $18,442,145 2.6%
Source: Insurance Information Institute
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Compare Free GMC Canyon Insurance Quotes Online

You can start comparing quotes for GMC Canyon insurance from some of the top car insurance companies by using our free online tool today.

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