Exploring GMC Canyon Car Insurance Costs: Ultimate Rate Breakdown

Does a GMC Canyon have expensive car insurance?

We compared average insurance rates from the Elevation 2WD model up to the pricier AT4X AEV trim to look at how Canyon insurance ranks when compared to the entire 2024 midsize truck segment.

Start a Free QuoteCompare GMC Canyon insurance quotes and save on your next policy.

How much does GMC Canyon car insurance cost?

Insurance for a GMC Canyon costs an average of $1,952 per year for a policy with full coverage. Monthly insurance cost for the Canyon ranges from $149 to $175, depending on the trim level.

With the average midsize truck costing $1,911 a year to insure, drivers can expect to pay around $41 more 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 $1,370 per year for a driver age 60 with $1,000 deductibles to $4,586 per year for a driver age 20 with low policy deductibles.

Figure 1: Average 2024 GMC Canyon car insurance premiums for different driver ages and policy deductibles. Rates updated on February 23, 2024.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average premiums are based on a 2024 model year GMC Canyon. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

GMC Canyon Insurance Rate Summary
2024 GMC Canyon Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$3,338$278
$500$3,946$329
$250$4,586$382
30-Year-Old$1,000$1,748$146
$500$2,084$174
$250$2,434$203
40-Year-Old$1,000$1,644$137
$500$1,952$163
$250$2,274$190
50-Year-Old$1,000$1,464$122
$500$1,730$144
$250$2,010$168
60-Year-Old$1,000$1,370$114
$500$1,618$135
$250$1,880$157

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2024 GMC Canyon. Updated February 23, 2024

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 $6,990 while a 16-year-old female would pay about $6,529. By age 18, rates drop to around $6,067 for males and $5,597 for female drivers.

What is the cheapest GMC Canyon insurance?

The cheapest trim level of GMC Canyon to insure is the Elevation 2WD at around $1,790 per year. The next cheapest model is the Elevation 4WD at $1,854 per year, and the third cheapest trim level to insure is the AT4 at $1,914 per year.

The most expensive models of Canyon to insure are the AT4X AEV at $2,100 and the AT4X at $2,050 per year. Those trim levels will cost an extra $310 and $260 per year, respectively, over the cheapest Elevation 2WD 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.

2024 GMC Canyon Insurance Rates by Trim Level
2024 GMC Canyon Trim Level Annual Premium Cost Per Month
Elevation 2WD$1,790$149
Elevation 4WD$1,854$155
AT4$1,914$160
Denali$2,004$167
AT4X$2,050$171
AT4X AEV$2,100$175

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. Updated February 23, 2024

GMC Canyon Insurance Cost by Trim Level

Is GMC Canyon insurance cheap?

When compared to the rest of the 2024 mid-size pickup truck class, the GMC Canyon ranks eighth out of 10 total vehicles. The Canyon costs an estimated $1,952 per year to insure for full coverage, while the class average rate is $1,911 per year, a difference of $41 per year.

When compared to all vehicles (not just midsize pickups), the Canyon fares better. The national average all-vehicle rate is $1,883, so insurance on a GMC Canyon is actually $69 cheaper per year on average.

When rates are compared directly to other similar midsize pickups, insurance for a GMC Canyon costs $32 more per year than the Toyota Tacoma, $328 more than the Chevrolet Colorado, $138 more than the Ford Ranger, and $156 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 and Model Annual Premium Difference
1Chevrolet Colorado$1,624-$328
2Nissan Frontier$1,796-$156
3Ford Ranger$1,814-$138
4Ford Maverick$1,842-$110
5Honda Ridgeline$1,882-$70
6Hyundai Santa Cruz$1,914-$38
7Toyota Tacoma$1,920-$32
8GMC Canyon$1,952--
9Jeep Gladiator$1,998$46
10Rivian R1T$2,368$416

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 vehicle from the 2024 model year. Updated February 23, 2024

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 $1,660 per year to insure, or around $138 per month. Rates range from $1,502 per year for the Canyon Elevation Standard Extended Cab to $1,802 for the Canyon Denali Crew Cab 4WD.

2022 GMC Canyon Insurance Cost by Trim Level
2022 GMC Canyon Trim Level Annual Premium Cost Per Month
Elevation Standard Extended Cab$1,502$125
Elevation Standard Crew Cab$1,536$128
Elevation Extended Cab$1,562$130
Elevation Crew Cab$1,598$133
Elevation Extended Cab 4WD$1,648$137
AT4 Cloth Crew Cab$1,654$138
Elevation Standard Extended Cab 4WD$1,660$138
AT4 Leather Crew Cab$1,676$140
Denali Crew Cab$1,684$140
Elevation Crew Cab 4WD$1,730$144
AT4 Cloth Crew Cab 4WD$1,740$145
AT4 Leather Crew Cab 4WD$1,762$147
Denali Crew Cab 4WD$1,802$150

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 22, 2024

2022 GMC Canyon Insurance Cost by Trim Level

2021 GMC Canyon Insurance Cost

Average insurance rates for a 2021 GMC Canyon are $1,618 per year, or around $135 per month. Rates range from $1,410 per year for the Canyon Extended Cab 2WD to $1,820 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2021 GMC Canyon Insurance Cost by Trim Level
2021 GMC Canyon Trim Level Annual Premium Cost Per Month
Extended Cab 2WD$1,410$118
Crew Cab 2WD$1,472$123
All Terrain Crew Cab 4WD$1,496$125
Extended Cab 4WD 2WD$1,496$125
SLE Extended Cab 2WD$1,524$127
SLE Extended Cab 2WD 4 Cyl Flex$1,524$127
SLE Crew Cab 2WD$1,574$131
SLE Extended Cab 4WD$1,598$133
SLT Crew Cab 4WD$1,652$138
SLE Crew Cab 2WD Turbo Diesel$1,664$139
SLT Crew Cab 2WD$1,664$139
SLE Crew Cab 4WD$1,678$140
Denali Crew Cab 4WD$1,730$144
Denali Crew Cab 2WD$1,770$148
SLT Crew Cab 4WD Turbo Diesel$1,790$149
Denali Crew Cab 2WD Turbo Diesel$1,820$152

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 22, 2024

2021 GMC Canyon Insurance Cost by Trim Level

2020 GMC Canyon Insurance Cost

Average insurance rates for a 2020 GMC Canyon are $1,572 per year, or around $131 per month. Rates range from $1,376 per year for the Canyon Extended Cab 2WD to $1,770 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2020 GMC Canyon Insurance Cost by Trim Level
2020 GMC Canyon Trim Level Annual Premium Cost Per Month
Extended Cab 2WD$1,376$115
Crew Cab 2WD$1,434$120
All Terrain Crew Cab 4WD$1,452$121
Extended Cab 4WD 2WD$1,456$121
SLE Extended Cab 2WD$1,482$124
SLE Extended Cab 2WD 4 Cyl Flex$1,482$124
SLE Crew Cab 2WD$1,534$128
SLE Extended Cab 4WD$1,556$130
SLT Crew Cab 4WD$1,604$134
SLE Crew Cab 2WD Turbo Diesel$1,618$135
SLT Crew Cab 2WD$1,618$135
SLE Crew Cab 4WD$1,630$136
Denali Crew Cab 4WD$1,682$140
Denali Crew Cab 2WD$1,718$143
SLT Crew Cab 4WD Turbo Diesel$1,740$145
Denali Crew Cab 2WD Turbo Diesel$1,770$148

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 23, 2024

2020 GMC Canyon Insurance Cost by Trim Level

2019 GMC Canyon Insurance Cost

Insurance rates for a 2019 GMC Canyon average $1,430 per year, or about $119 per month. Rates range from $1,282 per year for the Canyon Extended Cab 2WD to $1,604 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2019 GMC Canyon Insurance Cost by Trim Level
2019 GMC Canyon Trim Level Annual Premium Cost Per Month
Extended Cab 2WD$1,282$107
Crew Cab 2WD$1,296$108
WT Crew Cab 2WD$1,296$108
WT Extended Cab 2WD$1,316$110
WT Extended Cab 4WD$1,350$113
SLE Extended Cab 2WD$1,378$115
SLE Crew Cab 4WD$1,412$118
SLE Extended Cab 4WD$1,412$118
WT Crew Cab 4WD$1,412$118
SLE Crew Cab 2WD$1,426$119
SLE Crew Cab 2WD Turbo Diesel$1,426$119
All Terrain Crew Cab 4WD$1,460$122
SLT Crew Cab 4WD$1,460$122
Denali Crew Cab 4WD$1,508$126
Denali Extended Cab 4WD$1,508$126
SLT Crew Cab 2WD$1,508$126
SLT Crew Cab 2WD Turbo Diesel$1,508$126
Denali Crew Cab 2WD$1,604$134
Denali Crew Cab 2WD Turbo Diesel$1,604$134

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 22, 2024

2019 GMC Canyon Insurance Cost by Trim Level

2018 GMC Canyon Insurance Cost

2018 GMC Canyon insurance rates average $1,350 per year, or around $113 per month. Cost ranges from $1,234 per year for the Canyon Extended Cab 2WD to $1,476 for the Canyon Denali Crew Cab 2WD.

2018 GMC Canyon Insurance Cost by Trim Level
2018 GMC Canyon Trim Level Annual Premium Cost Per Month
Extended Cab 2WD$1,234$103
WT Extended Cab 2WD$1,234$103
Crew Cab 2WD$1,248$104
WT Crew Cab 2WD$1,248$104
WT Extended Cab 4WD$1,278$107
SLE Extended Cab 2WD$1,294$108
SLE Extended Cab 4WD$1,324$110
SLE Crew Cab 2WD$1,370$114
SLE Crew Cab 4WD$1,406$117
SLT Crew Cab 4WD$1,430$119
SLT Crew Cab 2WD$1,432$119
Denali Crew Cab 4WD$1,472$123
SLT Crew Cab 4WD Turbo Diesel$1,472$123
Denali Crew Cab 2WD$1,476$123

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 23, 2024

2018 GMC Canyon Insurance Cost by Trim Level

2017 GMC Canyon Insurance Cost

A 2017 GMC Canyon averages $1,318 per year for full coverage insurance, or around $110 per month. Rates range from $1,110 per year for the Canyon SL Extended Cab 2WD to $1,452 for the Canyon Denali Crew Cab 2WD Turbo Diesel.

2017 GMC Canyon Insurance Cost by Trim Level
2017 GMC Canyon Trim Level Annual Premium Cost Per Month
SL Extended Cab 2WD$1,110$93
WT Extended Cab 2WD$1,152$96
SLE Extended Cab 2WD$1,208$101
WT Crew Cab 2WD$1,208$101
WT Extended Cab 4WD$1,234$103
SLE Crew Cab 2WD$1,252$104
SLE Extended Cab 4WD$1,276$106
SLT Extended Cab 2WD$1,294$108
WT Crew Cab 2WD Turbo Diesel$1,294$108
SLE Crew Cab 4WD$1,334$111
SLE Crew Cab 2WD Turbo Diesel$1,366$114
SLT Crew Cab 2WD$1,366$114
SLE Crew Cab 4WD Turbo Diesel$1,376$115
SLT Extended Cab 4WD$1,376$115
SLT Crew Cab 4WD$1,376$115
Denali Crew Cab 2WD$1,410$118
SLT Crew Cab 2WD Turbo Diesel$1,410$118
Denali Crew Cab 4WD$1,418$118
SLT Crew Cab 4WD Turbo Diesel$1,418$118
Denali Crew Cab 2WD Turbo Diesel$1,452$121

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 22, 2024

2017 GMC Canyon Insurance Cost by Trim Level

2016 GMC Canyon Insurance Cost

Average insurance cost for a 2016 GMC Canyon is $1,214 per year, or around $101 per month. Rates range from $998 per year for the Canyon SL Extended Cab 2WD to $1,418 for the Canyon SLT Crew Cab 4WD Turbo Diesel.

2016 GMC Canyon Insurance Cost by Trim Level
2016 GMC Canyon Trim Level Annual Premium Cost Per Month
SL Extended Cab 2WD$998$83
WT Extended Cab 2WD$1,036$86
WT Crew Cab 2WD$1,074$90
SLE Extended Cab 2WD$1,086$91
SLE Crew Cab 2WD$1,128$94
WT Crew Cab 2WD Turbo Diesel$1,128$94
SLE Crew Cab 2WD Turbo Diesel$1,166$97
SLT Extended Cab 2WD$1,166$97
SLT Crew Cab 2WD$1,232$103
WT Extended Cab 4WD$1,246$104
SLT Crew Cab 2WD Turbo Diesel$1,270$106
SLE Extended Cab 4WD$1,288$107
SLE Crew Cab 4WD$1,338$112
SLT Extended Cab 4WD$1,338$112
SLE Crew Cab 4WD Turbo Diesel$1,376$115
SLT Crew Cab 4WD$1,376$115
SLT Crew Cab 4WD Turbo Diesel$1,418$118

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 23, 2024

2016 GMC Canyon Insurance Cost by Trim Level

2015 GMC Canyon Insurance Cost

Insurance rates average $1,228 per year for a 2015 GMC Canyon, or around $102 per month. Rates range from $1,080 per year for the Canyon SL Extended Cab 2WD to $1,358 for the Canyon SLT Crew Cab 4WD.

2015 GMC Canyon Insurance Cost by Trim Level
2015 GMC Canyon Trim Level Annual Premium Cost Per Month
SL Extended Cab 2WD$1,080$90
WT Extended Cab 2WD$1,118$93
WT Crew Cab 2WD$1,154$96
SLE Extended Cab 2WD$1,190$99
WT Extended Cab 4WD$1,202$100
SLE Crew Cab 2WD$1,226$102
SLT Extended Cab 2WD$1,226$102
SLT Crew Cab 2WD$1,264$105
SLE Extended Cab 4WD$1,276$106
SLE Crew Cab 4WD$1,324$110
SLT Extended Cab 4WD$1,324$110
SLT Crew Cab 4WD$1,358$113

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. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 22, 2024

2015 GMC Canyon Insurance Cost by Trim Level