GMC Canyon Car Insurance Rates for 2023

Does a GMC Canyon have expensive car insurance?

We compared average insurance rates from the Elevation Extended Cab model up to the pricier Denali Crew Cab 4WD trim to look at how Canyon insurance ranks when compared to the entire 2023 midsize truck segment.

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  • GMC Canyon insurance costs an average of $1,602 per year or around $134 per month, depending on the trim level.
  • The cheapest GMC Canyon insurance is on the Canyon Elevation Extended Cab trim level at an estimated $1,384 per year.
  • The Canyon Denali Crew Cab 4WD is the most expensive to insure at $1,716 per year.
  • The GMC Canyon ranks fifth out of 10 vehicles in the midsize truck class for insurance affordability.

How much does GMC Canyon car insurance cost?

Insurance for a GMC Canyon costs an average of $1,602 per year for a policy with full coverage. Monthly insurance cost for the Canyon ranges from $115 to $143, depending on the trim level.

With the average midsize truck costing $1,666 a year to insure, drivers can expect to pay around $64 less per year to insure a GMC Canyon when compared to the segment average.

The following chart details how average GMC Canyon car insurance cost changes based on driver age and a range of policy deductibles. The rates shown are per year and range from $1,222 per year for a driver age 60 with $1,000 deductibles to $3,634 per year for a driver age 20 with low policy deductibles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 GMC Canyon with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all GMC Canyon trim levels.Data last updated on January 23, 2023
GMC Canyon Insurance Rate Summary
GMC Canyon Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,706$226
$500$3,158$263
$250$3,634$303
30$1,000$1,422$119
$500$1,682$140
$250$1,946$162
40$1,000$1,366$114
$500$1,602$134
$250$1,846$154
50$1,000$1,246$104
$500$1,458$122
$250$1,678$140
60$1,000$1,222$102
$500$1,428$119
$250$1,644$137

Expect to pay much higher rates for teen drivers on a GMC Canyon. For example, a 16-year-old male driver with a clean driving record would pay around $5,758 while a 16-year-old female would pay about $5,070. By age 18, rates drop to around $4,992 for males and $4,328 for female drivers.

What is the cheapest GMC Canyon insurance?

The cheapest trim level of GMC Canyon to insure is the Elevation Extended Cab at around $1,384 per year. The next cheapest model is the Elevation Crew Cab at $1,436 per year, and the third cheapest trim level to insure is the Elevation Standard Extended Cab 4WD at $1,576 per year.

The most expensive models of Canyon to insure are the Denali Crew Cab 4WD at $1,716 and the AT4 Leather Crew Cab 4WD at $1,700 per year. Those trim levels will cost an extra $332 and $316 per year, respectively, over the cheapest Elevation Extended Cab model.

The rate table below displays average GMC Canyon car insurance rates for both annual and 6-month policy terms, in addition to a monthly budget estimate.

2023 GMC Canyon Insurance Cost by Trim Level
GMC Canyon Trim Level Annual Policy 6-month Policy Per Month
Elevation Extended Cab$1,384$692$115
Elevation Crew Cab$1,436$718$120
Elevation Standard Extended Cab 4WD$1,576$788$131
Elevation Crew Cab 4WD$1,664$832$139
AT4 Cloth Crew Cab 4WD$1,664$832$139
Denali Crew Cab$1,680$840$140
AT4 Leather Crew Cab 4WD$1,700$850$142
Denali Crew Cab 4WD$1,716$858$143

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
GMC Canyon Insurance Cost by Trim Level

Is GMC Canyon insurance cheap?

When compared to the rest of the 2023 mid-size pickup truck class, the GMC Canyon ranks fifth out of 10 total vehicles. The Canyon costs an estimated $1,602 per year to insure for full coverage, while the class average rate is $1,666 per year, a difference of $64 per year.

When compared to all vehicles (not just midsize pickups), the Canyon fares better. The national average all-vehicle rate is $1,685, so insurance on a GMC Canyon is actually $83 cheaper per year on average.

When rates are compared directly to other similar midsize pickups, insurance for a GMC Canyon costs $12 less per year than the Toyota Tacoma, $132 more than the Chevrolet Colorado, $36 more than the Ford Ranger, and $80 more than the Nissan Frontier.

The table below shows how well Canyon insurance rates compare to the entire midsize pickup truck segment. It also shows how much less the other models cost when compared to the GMC Canyon.

Insurance Cost Comparison: GMC Canyon vs Midsize Trucks
Rank Make/Model Insurance Cost Difference
1Ford Maverick$1,464-$138
2Chevrolet Colorado$1,470-$132
3Nissan Frontier$1,522-$80
4Ford Ranger$1,566-$36
5GMC Canyon$1,602--
6Toyota Tacoma$1,614$12
7Hyundai Santa Cruz$1,640$38
8Honda Ridgeline$1,752$150
9Jeep Gladiator$1,834$232
10Rivian R1T$2,194$592

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Insurance Cost Comparison: GMC Canyon vs Midsize Trucks

GMC Canyon insurance cost for prior model years

The following sections detail GMC Canyon insurance rates for every trim level since the 2015 model year.

2022 GMC Canyon Insurance Cost

A 2022 GMC Canyon costs an average of $1,590 per year to insure, or around $133 per month. Rates range from $1,440 per year for the Canyon Elevation Standard Extended Cab to $1,724 for the Canyon Denali Crew Cab 4WD.

2022 GMC Canyon Insurance Cost by Trim Level
2022 GMC Canyon Trim Level Annual Rate Per Month
Elevation Standard Extended Cab$1,440$120
Elevation Standard Crew Cab$1,472$123
Elevation Extended Cab$1,498$125
Elevation Crew Cab$1,528$127
Elevation Extended Cab 4WD$1,582$132
AT4 Cloth Crew Cab$1,582$132
Elevation Standard Extended Cab 4WD$1,592$133
AT4 Leather Crew Cab$1,602$134
Denali Crew Cab$1,612$134
Elevation Crew Cab 4WD$1,656$138
AT4 Cloth Crew Cab 4WD$1,666$139
AT4 Leather Crew Cab 4WD$1,686$141
Denali Crew Cab 4WD$1,724$144

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2022 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2022 GMC Canyon Insurance Cost by Trim Level

2021 GMC Canyon Insurance Cost

Average insurance rates for a 2021 GMC Canyon are $1,550 per year, or around $129 per month. Rates range from $1,362 per year for the Canyon Extended Cab 2WD to $1,744 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2021 GMC Canyon Insurance Cost by Trim Level
2021 GMC Canyon Trim Level Annual Rate Per Month
Extended Cab 2WD$1,362$114
Crew Cab 2WD$1,418$118
All Terrain Crew Cab 4WD$1,424$119
Extended Cab 4WD 2WD$1,436$120
SLE Extended Cab 2WD$1,466$122
SLE Extended Cab 2WD 4 Cyl Flex$1,466$122
SLE Crew Cab 2WD$1,514$126
SLE Extended Cab 4WD$1,534$128
SLT Crew Cab 4WD$1,584$132
SLE Crew Cab 2WD Turbo Diesel$1,600$133
SLT Crew Cab 2WD$1,600$133
SLE Crew Cab 4WD$1,606$134
Denali Crew Cab 4WD$1,656$138
Denali Crew Cab 2WD$1,696$141
SLT Crew Cab 4WD Turbo Diesel$1,716$143
Denali Crew Cab 2WD Turbo Diesel$1,744$145

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2021 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2021 GMC Canyon Insurance Cost by Trim Level

2020 GMC Canyon Insurance Cost

Average insurance rates for a 2020 GMC Canyon are $1,530 per year, or around $128 per month. Rates range from $1,348 per year for the Canyon Extended Cab 2WD to $1,720 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2020 GMC Canyon Insurance Cost by Trim Level
2020 GMC Canyon Trim Level Annual Rate Per Month
Extended Cab 2WD$1,348$112
Crew Cab 2WD$1,400$117
All Terrain Crew Cab 4WD$1,404$117
Extended Cab 4WD 2WD$1,418$118
SLE Extended Cab 2WD$1,448$121
SLE Extended Cab 2WD 4 Cyl Flex$1,448$121
SLE Crew Cab 2WD$1,496$125
SLE Extended Cab 4WD$1,514$126
SLT Crew Cab 4WD$1,562$130
SLE Crew Cab 2WD Turbo Diesel$1,578$132
SLT Crew Cab 2WD$1,578$132
SLE Crew Cab 4WD$1,586$132
Denali Crew Cab 4WD$1,634$136
Denali Crew Cab 2WD$1,674$140
SLT Crew Cab 4WD Turbo Diesel$1,692$141
Denali Crew Cab 2WD Turbo Diesel$1,720$143

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2020 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2020 GMC Canyon Insurance Cost by Trim Level

2019 GMC Canyon Insurance Cost

Insurance rates for a 2019 GMC Canyon average $1,404 per year, or about $117 per month. Rates range from $1,262 per year for the Canyon Extended Cab 2WD to $1,572 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2019 GMC Canyon Insurance Cost by Trim Level
2019 GMC Canyon Trim Level Annual Rate Per Month
Extended Cab 2WD$1,262$105
Crew Cab 2WD$1,276$106
WT Crew Cab 2WD$1,276$106
WT Extended Cab 2WD$1,296$108
WT Extended Cab 4WD$1,320$110
SLE Extended Cab 2WD$1,356$113
SLE Crew Cab 4WD$1,380$115
SLE Extended Cab 4WD$1,380$115
WT Crew Cab 4WD$1,388$116
SLE Crew Cab 2WD$1,402$117
SLE Crew Cab 2WD Turbo Diesel$1,402$117
All Terrain Crew Cab 4WD$1,424$119
SLT Crew Cab 4WD$1,424$119
Denali Crew Cab 4WD$1,472$123
Denali Extended Cab 4WD$1,472$123
SLT Crew Cab 2WD$1,478$123
SLT Crew Cab 2WD Turbo Diesel$1,478$123
Denali Crew Cab 2WD$1,572$131
Denali Crew Cab 2WD Turbo Diesel$1,572$131

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2019 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2019 GMC Canyon Insurance Cost by Trim Level

2018 GMC Canyon Insurance Cost

2018 GMC Canyon insurance rates average $1,346 per year, or around $112 per month. Cost ranges from $1,236 per year for the Canyon Extended Cab 2WD to $1,470 for the Canyon Denali Crew Cab 2WD.

2018 GMC Canyon Insurance Cost by Trim Level
2018 GMC Canyon Trim Level Annual Rate Per Month
Extended Cab 2WD$1,236$103
WT Extended Cab 2WD$1,236$103
Crew Cab 2WD$1,248$104
WT Crew Cab 2WD$1,248$104
WT Extended Cab 4WD$1,276$106
SLE Extended Cab 2WD$1,294$108
SLE Extended Cab 4WD$1,318$110
SLE Crew Cab 2WD$1,368$114
SLE Crew Cab 4WD$1,398$117
SLT Crew Cab 4WD$1,418$118
SLT Crew Cab 2WD$1,428$119
Denali Crew Cab 4WD$1,464$122
SLT Crew Cab 4WD Turbo Diesel$1,464$122
Denali Crew Cab 2WD$1,470$123

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2018 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2018 GMC Canyon Insurance Cost by Trim Level

2017 GMC Canyon Insurance Cost

A 2017 GMC Canyon averages $1,312 per year for full coverage insurance, or around $109 per month. Rates range from $1,118 per year for the Canyon SL Extended Cab 2WD to $1,448 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2017 GMC Canyon Insurance Cost by Trim Level
2017 GMC Canyon Trim Level Annual Rate Per Month
SL Extended Cab 2WD$1,118$93
WT Extended Cab 2WD$1,158$97
SLE Extended Cab 2WD$1,212$101
WT Crew Cab 2WD$1,212$101
WT Extended Cab 4WD$1,230$103
SLE Crew Cab 2WD$1,252$104
SLE Extended Cab 4WD$1,270$106
SLT Extended Cab 2WD$1,294$108
WT Crew Cab 2WD Turbo Diesel$1,294$108
SLE Crew Cab 4WD$1,324$110
SLE Crew Cab 2WD Turbo Diesel$1,366$114
SLE Crew Cab 4WD Turbo Diesel$1,366$114
SLT Extended Cab 4WD$1,366$114
SLT Crew Cab 2WD$1,366$114
SLT Crew Cab 4WD$1,366$114
Denali Crew Cab 2WD$1,406$117
SLT Crew Cab 2WD Turbo Diesel$1,406$117
Denali Crew Cab 4WD$1,408$117
SLT Crew Cab 4WD Turbo Diesel$1,408$117
Denali Crew Cab 2WD Turbo Diesel$1,448$121

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2017 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2017 GMC Canyon Insurance Cost by Trim Level

2016 GMC Canyon Insurance Cost

Average insurance cost for a 2016 GMC Canyon is $1,240 per year, or around $103 per month. Rates range from $1,022 per year for the Canyon SL Extended Cab 2WD to $1,448 for the Canyon SLT Crew Cab 4WD Turbo Diesel.

2016 GMC Canyon Insurance Cost by Trim Level
2016 GMC Canyon Trim Level Annual Rate Per Month
SL Extended Cab 2WD$1,022$85
WT Extended Cab 2WD$1,060$88
WT Crew Cab 2WD$1,100$92
SLE Extended Cab 2WD$1,112$93
SLE Crew Cab 2WD$1,150$96
WT Crew Cab 2WD Turbo Diesel$1,150$96
SLE Crew Cab 2WD Turbo Diesel$1,190$99
SLT Extended Cab 2WD$1,190$99
SLT Crew Cab 2WD$1,256$105
WT Extended Cab 4WD$1,280$107
SLT Crew Cab 2WD Turbo Diesel$1,296$108
SLE Extended Cab 4WD$1,318$110
SLE Crew Cab 4WD$1,370$114
SLT Extended Cab 4WD$1,370$114
SLE Crew Cab 4WD Turbo Diesel$1,410$118
SLT Crew Cab 4WD$1,410$118
SLT Crew Cab 4WD Turbo Diesel$1,448$121

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2016 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2016 GMC Canyon Insurance Cost by Trim Level

2015 GMC Canyon Insurance Cost

Insurance rates average $1,262 per year for a 2015 GMC Canyon, or around $105 per month. Rates range from $1,116 per year for the Canyon SL Extended Cab 2WD to $1,392 for the Canyon SLT Crew Cab 4WD.

2015 GMC Canyon Insurance Cost by Trim Level
2015 GMC Canyon Trim Level Annual Rate Per Month
SL Extended Cab 2WD$1,116$93
WT Extended Cab 2WD$1,152$96
WT Crew Cab 2WD$1,190$99
SLE Extended Cab 2WD$1,224$102
WT Extended Cab 4WD$1,238$103
SLE Crew Cab 2WD$1,260$105
SLT Extended Cab 2WD$1,260$105
SLT Crew Cab 2WD$1,296$108
SLE Extended Cab 4WD$1,310$109
SLE Crew Cab 4WD$1,356$113
SLT Extended Cab 4WD$1,356$113
SLT Crew Cab 4WD$1,392$116

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2015 GMC Canyon, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2015 GMC Canyon Insurance Cost by Trim Level