2022 GMC Canyon Car Insurance Calculator

Observe in real-time how changes to driver risk factors and vehicle options impact the insurance cost for a 2022 GMC Canyon. Tailor settings like coverage amounts, annual mileage, and vehicle usage to see their impact on rates. Immediately see if your choice increases or decreases premium and learn exactly why.

The average estimated car insurance premium for a 2022 GMC Canyon is $2,046 per year, or about $171 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,046

Cost Per Month

$171

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

GMC Canyon Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2022 GMC Canyon.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,046
Average Rate
Your Rate
$2,046

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2022 GMC Canyon trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2022 GMC Canyon is $2,046.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2022 GMC Canyon vs. the Midsize Truck Segment

The table below compares insurance rates for the 2022 GMC Canyon against all other models in the midsize truck segment. The GMC Canyon is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the GMC Canyon, with green values denoting cheaper rates and red values indicating more expensive rates compared to the GMC Canyon.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2022 GMC Canyon Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Chevrolet Colorado$1,760-$286
2Ford Maverick$1,826-$220
3Ford Ranger$1,898-$148
4Toyota Tacoma$1,988-$58
5Nissan Frontier$2,034-$12
6GMC Canyon$2,046--
2022 Midsize Truck Average$2,051$5
7Hyundai Santa Cruz$2,054$8
8Honda Ridgeline$2,084$38
9Jeep Gladiator$2,102$56
10Rivian R1T$2,720$674

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2022 Canyon Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2022 GMC Canyon.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2022 GMC Canyon Insurance Rates by Trim Level
2022 GMC Canyon Trim Level Annual Premium Cost Per Month
Elevation Standard Extended Cab$1,852$154
Elevation Standard Crew Cab$1,896$158
Elevation Extended Cab$1,930$161
Elevation Crew Cab$1,972$164
Elevation Extended Cab 4WD$2,036$170
AT4 Cloth Crew Cab$2,042$170
Elevation Standard Extended Cab 4WD$2,048$171
AT4 Leather Crew Cab$2,068$172
Denali Crew Cab$2,078$173
Elevation Crew Cab 4WD$2,134$178
AT4 Cloth Crew Cab 4WD$2,148$179
AT4 Leather Crew Cab 4WD$2,174$181
Denali Crew Cab 4WD$2,224$185

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2022 GMC Canyon for different driver ages.

2022 GMC Canyon Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,347$612
17$7,066$589
18$6,237$520
19$5,726$477
20$4,367$364
21$4,168$347
22$3,722$310
23$3,102$259
24$2,919$243
25$2,368$197
30$2,174$181
35$2,108$176
40$2,046$171
45$1,922$160
50$1,826$152
55$1,700$142
60$1,702$142
65$1,810$151
70$1,974$165
75$2,342$195
80$2,878$240

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all GMC Canyon trim levels.