Toyota Tacoma vs. GMC Canyon Insurance Cost Comparison for 2022

• The Toyota Tacoma ranks #4 and the GMC Canyon ranks #7 for overall insurance affordability out of 10 models in the 2022 midsize truck segment.
• When compared to the average U.S. car insurance rate of $1,567 per year, the Toyota Tacoma costs an average of $153 less per year, while the GMC Canyon costs $97 less per year.
• For a 2022 Toyota Tacoma, car insurance rates range from $1,290 to $1,602 per year, while car insurance for a 2022 GMC Canyon ranges from $1,322 to $1,588, depending on trim level and options.

Is a Toyota Tacoma or GMC Canyon cheaper to insure?

Average car insurance rates for a 2022 Toyota Tacoma are $1,414 per year, and insurance for a 2022 GMC Canyon averages $1,470 per year, making the Toyota Tacoma the model with lower average insurance cost.

On a 2022 Toyota Tacoma, car insurance rates range from $1,290 per year for the SR Access Cab 4WD model up to the most expensive rate of $1,602 for the TRD Pro AWD Automatic model.

For the 2022 GMC Canyon, rates can range from $1,322 per year on the Elevation Standard Extended Cab model up to $1,588 for the Denali Crew Cab 4WD model.

For a 2022 Toyota Tacoma, the cheapest models to insure are the SR Access Cab 4WD, SR Access Cab 2WD, and SR Double Cab 2WD, while the cheapest GMC Canyon models to insure are the Elevation Standard Extended Cab, Elevation Standard Crew Cab, and Elevation Extended Cab.

For model years prior to 2022, U.S. national average auto insurance prices for a Tacoma and a Canyon compare as follows. Click on any linked model year to view the full rate comparisons.

• 2021 Model Year Comparison – At $104 less per year, the Toyota Tacoma has lower insurance rates between the 2021 Tacoma and Canyon models.
• 2020 Model Year Comparison – With potential savings of $106 per year, the Toyota Tacoma costs less to insure than the GMC Canyon.
• 2019 Model Year Comparison – With the Tacoma averaging $1,270 per year for full-coverage insurance and the Canyon costing an average of $1,288, the Toyota Tacoma is cheaper by $18 per year for this model year.
• 2018 Model Year Comparison – At $186 less per year, the GMC Canyon has cheaper rates between the 2018 Tacoma and Canyon models.
• 2017 Model Year Comparison – Costing an average of $148 less per year, the GMC Canyon has cheaper rates than the Toyota Tacoma.
• 2016 Model Year Comparison – For this model year, the Tacoma costs an average of $1,326 per year for full-coverage insurance and the Canyon averages $1,150 annually, therefore the GMC Canyon is the model having cheaper insurance rates by $176 per year.
• 2015 Model Year Comparison – The Tacoma costs $1,200 per year to insure and the Canyon costs an average of $1,186. The model with lower insurance rates is the GMC Canyon by $14 per year.

The table below compares the annual and monthly car insurance cost for 2022 Toyota Tacoma and GMC Canyon models, with average rates for each trim level.

The following chart demonstrates the average insurance cost for both models rated for drivers age 20 to 50. Average car insurance cost ranges from $1,292 to $2,822 per year for a 2022 Toyota Tacoma, and $1,338 to $2,890 on a 2022 GMC Canyon for the driver ages used.

Out of 19 Toyota Tacoma trim levels, the cheapest 2022 trim to insure is the SR Access Cab 4WD model at an average cost of $1,290 per year.

For the 13 trim levels available for the GMC Canyon, the cheapest 2022 model to insure is the Elevation Standard Extended Cab model at a cost of $1,322.

When comparing car insurance rates for both models by trim level, the lowest-cost model and trim to buy insurance for is the Toyota Tacoma SR Access Cab 4WD at an average rate of $1,290 per year. The highest-cost model and trim is the Toyota Tacoma TRD Pro AWD Automatic at a cost of $1,602 per year.

The next two tables illustrate average car insurance rates for every trim level for both 2022 models, along with an average cost for each model. The winner for the 2022 car insurance cost comparison is the Toyota Tacoma.

2021 Toyota Tacoma vs. GMC Canyon

When comparing car insurance rates for 2021 models, a Toyota Tacoma costs an average of $1,316 per year to insure while a GMC Canyon costs $1,420, making the Toyota Tacoma more affordable to insure by $104 per year.

The chart below shows the average insurance cost for both 2021 models with different drivers at the wheel. For a 2021 Toyota Tacoma, the average cost of car insurance ranges from $1,200 to $2,612 per year for the five different driver ages shown in the chart. Full-coverage car insurance for a 2021 GMC Canyon ranges from $1,294 to $2,806 on average per year.

Out of 14 Toyota Tacoma trim levels, the cheapest 2021 model to insure is the Access Cab SR5 2WD model at an average cost of $1,200 per year.

For the 16 trim levels available for the GMC Canyon, the cheapest 2021 trim to insure is the Extended Cab 2WD model at a cost of $1,242 per year, or $104 per month.

When looking at the aggregated rates by trim level for both models, the lowest-cost model and trim level to buy insurance for is the Toyota Tacoma Access Cab SR5 2WD at an average rate of $1,200 per year. The highest-cost model and trim level is the GMC Canyon Denali Crew Cab 2WD Turbo Diesel costing an average of $1,598 per year.

The next tables show average car insurance rates for each trim level, including an overall average cost for each model. The cheapest model to insure for the 2021 model year is the Toyota Tacoma.

2020 Toyota Tacoma vs. GMC Canyon

A 2020 Toyota Tacoma costs $106 less per year to insure per year on average than a 2020 GMC Canyon, a difference of 7.6%.

The rate chart below shows the average car insurance cost for both models for four different driver age groups. The average cost of car insurance ranges from $1,176 to $2,564 per year on a 2020 Toyota Tacoma, and $1,274 to $2,762 on a 2020 GMC Canyon for the age groups in the chart.

Out of 14 trims for the 2020 Toyota Tacoma, the cheapest average car insurance prices are on the Access Cab SR5 2WD trim at a cost of $1,182 per year.

Out of the 16 trim and option levels available for the GMC Canyon, the cheapest 2020 trim to insure is the Extended Cab 2WD trim at a cost of $1,228 per year, or around $102 per month.

When comparing rates by trim level for both models, the cheapest vehicle to put coverage on is the Toyota Tacoma Access Cab SR5 2WD at an average rate of $1,182 per year. The most expensive trim is the GMC Canyon Denali Crew Cab 2WD Turbo Diesel costing an average of $1,572 per year.

The two tables below illustrate the average cost to insure all 2020 trim levels, plus an average rate for each model.

2019 Toyota Tacoma vs. GMC Canyon

For 2019 Toyota Tacoma and GMC Canyon models, the Toyota Tacoma has cheaper car insurance rates by an average of $18 per year.

The rate chart below visualizes the average cost to insure the two models for a range of driver ages. A full-coverage car insurance policy ranges from $1,160 to $2,530 per year on a 2019 Toyota Tacoma, and $1,178 to $2,560 on a 2019 GMC Canyon for the five different driver ages shown in the chart.

Out of 14 trims for the 2019 Toyota Tacoma, the cheapest average car insurance prices are on the Access Cab SR5 2WD trim at a cost of $1,166 per year. For the 19 different trims available for the GMC Canyon, the cheapest 2019 trim level to insure is the Extended Cab 2WD trim at a cost of $1,158.

When comparing combined rates for both models from a trim-level perspective, the cheapest vehicle to buy insurance for is the GMC Canyon Extended Cab 2WD at a cost of $1,158 per year. The highest-cost model and trim level is the GMC Canyon Denali Crew Cab 2WD Turbo Diesel at a cost of $1,446 per year.

The rate tables below display average cost to insure each trim level for a 2019 Toyota Tacoma and GMC Canyon, including the average rate for each model. The winner for the 2019 car insurance battle is the Toyota Tacoma.

2018 Toyota Tacoma vs. GMC Canyon

When comparing insurance cost for 2018 models, a Toyota Tacoma costs an average of $1,428 per year to insure and a GMC Canyon costs $1,242, making the GMC Canyon cheaper to insure by $186 per year.

The chart below displays the average cost to insure the two models for different driver ages. A full-coverage car insurance policy ranges from $1,306 to $2,856 per year for a 2018 Toyota Tacoma, and $1,132 to $2,468 on a 2018 GMC Canyon for the driver examples in the chart.

The 2018 Toyota Tacoma has 18 trim levels available, with the cheapest trim to insure being the Access Cab SR 2WD model at an average cost of $1,276 per year.

The 2018 GMC Canyon has 14 different option levels available, with the cheapest model to insure being the Extended Cab 2WD trim at an average cost of $1,136 per year.

When trim-level rates for both models are compared, the lowest-cost model and trim to insure is the GMC Canyon Extended Cab 2WD at an average of $1,136 per year. The highest-cost model and trim is the Toyota Tacoma Double Cab TRD Pro 4WD costing $1,552 per year.

The next two tables detail trim level insurance cost averages for both 2018 models, as well as an average rate for each model. The 2018 GMC Canyon can declare victory over the 2018 Toyota Tacoma for cheapest auto insurance rates.

2017 Toyota Tacoma vs. GMC Canyon

A 2017 GMC Canyon costs $148 less per year to insure per year on average than a 2017 Toyota Tacoma, a difference of 12.1%.

The following chart visualizes the average insurance cost for both 2017 models for a range of driver ages. For a 2017 Toyota Tacoma, average car insurance cost ranges from $1,252 to $2,742 per year. Auto insurance on a 2017 GMC Canyon costs from $1,116 to $2,434 on average per year.

The 2017 Toyota Tacoma has 18 trims available, with the cheapest trim level to insure being the Access Cab SR 2WD model at an average cost of $1,244 per year. For the 20 trim and option levels available for the GMC Canyon, the cheapest 2017 trim level to insure is the SL Extended Cab 2WD trim at a cost of $1,030.

When rates for all 38 trims of both models are combined sorted by cost, the most affordable model and trim level to insure is the GMC Canyon SL Extended Cab 2WD at an average cost of $1,030 per year. The most expensive trim is the Toyota Tacoma Double Cab TRD Pro 4WD at an average of $1,512 per year.

The two tables below display average car insurance cost by trim level for each 2017 model, as well as an average rate for each model.

2016 Toyota Tacoma vs. GMC Canyon

A 2016 GMC Canyon is $176 cheaper to insure per year on average than a 2016 Toyota Tacoma, a difference of 15.3%.

The next chart visualizes the average cost to insure the two models for the 20 to 50-year-old driver age groups. The average full-coverage insurance policy ranges from $1,212 to $2,656 per year for a 2016 Toyota Tacoma, and $1,054 to $2,292 on a 2016 GMC Canyon for the age groups used in this illustration.

For the 17 trims available for the 2016 Toyota Tacoma, the cheapest trim level to insure is the Access Cab SR 2WD trim at an average cost of $1,192 per year. For the 17 trim options available for the GMC Canyon, the cheapest 2016 model to insure is the SL Extended Cab 2WD trim at a cost of $944 per year, or $79 per month.

When comparing rates by trim level for both models, the cheapest model and trim level to buy insurance for is the GMC Canyon SL Extended Cab 2WD at an average cost of $944 per year, and the most expensive model and trim level is the Toyota Tacoma Double Cab Limited 4WD costing an average of $1,440 per year.

The two tables below break down trim level insurance cost averages for both 2016 models, as well as the overall average rate for each model. The model with the cheapest average car insurance rates for 2016 is the GMC Canyon.

2015 Toyota Tacoma vs. GMC Canyon

For the 2015 Toyota Tacoma and GMC Canyon models, the GMC Canyon has cheaper car insurance cost by an average of $14 per year.

The rate chart below shows the average car insurance cost for the two models for a range of driver ages. For a 2015 Toyota Tacoma, average insurance cost ranges from $1,096 to $2,394 per year for the age groups used in the chart. Full-coverage car insurance on a 2015 GMC Canyon costs from $1,084 to $2,360 on average per year.

For the 13 trims available for the 2015 Toyota Tacoma, the cheapest model to insure is the Access Cab 2WD model at an average cost of $1,054 per year, or about $88 per month. Out of the 12 different trims available for the GMC Canyon, the cheapest 2015 trim to insure is the SL Extended Cab 2WD trim at a cost of $1,044 per year, or $87 per month.

When comparing combined rates for both models from a trim-level perspective, the cheapest trim to buy insurance for is the GMC Canyon SL Extended Cab 2WD at an average of $1,044 per year, and the overall most expensive vehicle to insure is the Toyota Tacoma Double Cab TRD Pro 4WD costing an average of $1,328 per year.

The next two rate tables illustrate trim level insurance cost averages for both 2015 models, including the average rate for each model.

Additional Toyota Tacoma and GMC Canyon Resources

• Toyota Tacoma Insurance Cost
• GMC Canyon Insurance Cost
• Midsize Truck Insurance Cost Comparisons