Key Takeaways
If you are looking for a midsize pickup truck that offers the perfect balance between rugged capability and advanced features, then the GMC Canyon is the best option for you. But how about the cost of insuring your GMC Canyon? Insurance rates may differ based on the model year and trim level you choose. So, it is always best to compare different insurance providers so that your selection does not lead to coverage gaps or financial loss. Read further to learn more about the GMC Canyon car insurance cost.
The average insurance cost of a GMC Canyon is around $1,344 per year. Shopping around and comparing quotes can help you find the right insurance provider that can meet your insurance needs, along with offering affordable rates. The Way app can help you with the process by letting you compare multiple providers in minutes.
GMC Canyon car insurance cost is in the midrange when compared to that of other midsize pickup trucks. Its affordable cost profile is mainly due to its strong safety ratings, lower repair costs, and high reliability.
| Midsize Pickup Trucks | Average Annual Premium |
|---|---|
| Ford Ranger | $732 |
| GMC Canyon | $1,344 |
| Nissan Frontier | $1,356 |
| Chevrolet Colorado | $1,404 |
| Honda Ridgeline | $1,548 |
| Toyota Tacoma | $1,560 |
Insurance companies normally consider several factors when determining your GMC Canyon car insurance rate. Some of the most common factors are given below.
Older GMC Canyon models usually have lower insurance costs since newer models come with advanced features, which leads to more expensive repairs and replacements. However, certain older model years cost more to insure due to rarely available parts or certain features found within a specific model year. The insurance costs for different model years of the GMC Canyon are given below.
| Model Year | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| 2020 GMC Canyon | $113 | $1,351 |
| 2019 GMC Canyon | $118 | $1,422 |
| 2018 GMC Canyon | $73 | $876 |
| 2017 GMC Canyon | $74 | $893 |
| 2016 GMC Canyon | $102 | $1,226 |
| 2015 GMC Canyon | $68 | $819 |
| 2012 GMC Canyon | $56 | $671 |
| 2011 GMC Canyon | $53 | $634 |
According to our research, Texas Farm Bureau offers the cheapest GMC Canyon car insurance rates. The average annual premium is just $586. However, the cheapest cost cannot always guarantee the best value. To get the maximum benefits, it is important to compare quotes from various providers and ensure that they have all the required features.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $49 | $586 |
| Progressive | $56 | $675 |
| Vermont Mutual | $62 | $743 |
| State Farm | $63 | $756 |
| Tennessee Farmers | $65 | $782 |
Vermont Mutual offers the most competitive insurance rates for the 2020 GMC Canyon at just $541 per annum. Otherwise, it costs around $1,351 per year to insure a 2020 model on average.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Vermont Mutual | $45 | $541 |
| Nationwide | $66 | $788 |
| Country | $67 | $802 |
| Arbella | $76 | $917 |
| Acuity | $78 | $938 |
| Southern Farm Bureau | $85 | $1,023 |
| MetLife | $91 | $1,090 |
| USAA | $96 | $1,146 |
| Auto Owners | $98 | $1,179 |
| Erie | $102 | $1,226 |
| State Farm | $102 | $1,229 |
Generally, it costs around $1,422 per year to insure a 2019 GMC Canyon. Country offers the most competitive insurance rates for the 2019 model at $780 per annum.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Country | $65 | $780 |
| Cincinnati Insurance | $65 | $784 |
| Auto Owners | $70 | $844 |
| Acuity | $72 | $867 |
| Arbella | $76 | $906 |
| Nationwide | $77 | $929 |
| Southern Farm Bureau | $84 | $1,007 |
| Liberty Mutual | $84 | $1,011 |
| Erie | $91 | $1,093 |
| USAA | $101 | $1,216 |
| MetLife | $103 | $1,240 |
The insurance cost for a 2018 GMC Canyon is usually $876 per year. However, the cheapest provider is State Farm, with an average annual premium of $671.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| State Farm | $56 | $671 |
| Progressive | $58 | $697 |
| USAA | $60 | $724 |
| Erie | $62 | $746 |
| Nationwide | $62 | $750 |
| American Family | $79 | $945 |
| Vermont Mutual | $82 | $982 |
| Plymouth Rock Insurance | $87 | $1,038 |
| Acuity | $87 | $1,040 |
| Tennessee Farmers | $87 | $1,047 |
| Country | $91 | $1,088 |
Insuring a 2017 GMC Canyon typically costs about $893 annually, with Progressive providing the most competitive rate at $697 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Progressive | $58 | $697 |
| State Farm | $59 | $706 |
| Erie | $60 | $725 |
| USAA | $60 | $726 |
| Texas Farm Bureau | $63 | $756 |
| Nationwide | $67 | $800 |
| Vermont Mutual | $82 | $982 |
| American Family | $84 | $1,009 |
| Plymouth Rock Insurance | $85 | $1,018 |
| Acuity | $89 | $1,073 |
| Country | $91 | $1,088 |
For a 2016 GMC Canyon, the average insurance cost is approximately $1,226 yearly, while Vermont Mutual presents the best rate at $688 annually.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Vermont Mutual | $57 | $688 |
| Texas Farm Bureau | $58 | $701 |
| Nationwide | $68 | $817 |
| Arbella | $81 | $976 |
| Country | $84 | $1,004 |
| Erie | $87 | $1,040 |
| USAA | $89 | $1,073 |
| State Farm | $91 | $1,093 |
| Southern Farm Bureau | $92 | $1,100 |
| Acuity | $93 | $1,111 |
| MetLife | $93 | $1,117 |
You can expect to pay around $819 per year for 2015 GMC Canyon car insurance. However, State Farm offers the cheapest premium rate at just $618 per annum.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| State Farm | $51 | $618 |
| USAA | $53 | $631 |
| Erie | $55 | $660 |
| Texas Farm Bureau | $58 | $692 |
| Progressive | $61 | $736 |
| Nationwide | $66 | $796 |
| Tennessee Farmers | $70 | $844 |
| Vermont Mutual | $73 | $881 |
| American Family | $77 | $920 |
| Plymouth Rock Insurance | $80 | $962 |
| Acuity | $82 | $989 |
On average, insuring a 2012 GMC Canyon will cost you around $671 per year. Texas Farm Bureau has the most affordable rate at just $394 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $33 | $394 |
| Erie | $39 | $468 |
| State Farm | $43 | $511 |
| USAA | $44 | $525 |
| Vermont Mutual | $49 | $592 |
| Progressive | $53 | $631 |
| Tennessee Farmers | $54 | $644 |
| American Family | $63 | $752 |
| Acuity | $63 | $756 |
| Nationwide | $68 | $810 |
| Country | $70 | $842 |
The average annual insurance premium for a 2011 GMC Canyon is $634. The cheapest rates are provided by Texas Farm Bureau at just $386 per year. State Farm also offers competitive deals at just $462 per annum.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $32 | $386 |
| State Farm | $39 | $462 |
| USAA | $42 | $499 |
| Erie | $42 | $502 |
| Vermont Mutual | $45 | $534 |
| Tennessee Farmers | $49 | $592 |
| Progressive | $51 | $613 |
| American Family | $60 | $722 |
| Nationwide | $61 | $728 |
| Arbella | $61 | $729 |
| Country | $64 | $769 |
Crash test ratings directly indicate a vehicle's safety performance, which can largely affect the insurance premiums. GMC Canyon has satisfactory crash test ratings across different model years, which can help reduce the yearly insurance cost.
| Vehicle | Overall | Frontal Crash | Side Crash | Rollover |
|---|---|---|---|---|
| 2020 GMC Canyon
PU/EC 2WD |
4 Stars | 4 Stars | 5 Stars | 3 Stars |
| 2020 GMC Canyon
PU/CC 2WD |
4 Stars | 4 Stars | 5 Stars | 3 Stars |
| 2020 GMC Canyon
PU/EC 4WD |
4 Stars | 4 Stars | 5 Stars | 3 Stars |
| 2020 GMC Canyon
PU/CC 4WD |
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/CC 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 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/CC 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 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/CC 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 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/CC 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 4WD |
4 Stars | 4 Stars | 5 Stars | 3 Stars |
| 2015 GMC Canyon
PU/EC RWD |
4 Stars | 4 Stars | 5 Stars | 3 Stars |
| 2015 GMC Canyon
PU/EC 4WD |
4 Stars | 4 Stars | 5 Stars | 3 Stars |
The GMC Canyon has several safety features, which can reduce insurance rates by getting you qualified for available discounts.
Some of the installed features include:
GMC Canyon has overall good safety ratings, which indicate a lower risk of injury, damage, and repair costs, which can lower its insurance rates. Since insurance companies often consider safety ratings when determining a car model's premium rates, Canyon's safety ratings play a key role in its insurance pricing.
| Category | IIHS Rating |
|---|---|
| Small Overlap Front (Driver Side) | Marginal |
| Small Overlap Front (Passenger Side) | Good |
| Moderate Overlap Front (original test) | Good |
| Side Impact (Original Side Test) | Good |
| Rear Impact | Good |
| Roof Strength | Good |
| Head Restraints & Seats | Good |
Download the Way app or head to the Way.com website to start your auto insurance journey and get a free quote in just minutes. On our platform, you can compare offers from more than 140 different insurance providers. This will help you choose the best option that can reduce your GMC Canyon car insurance costs.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
The GMC Canyon insurance cost typically falls around $1,344 per year, depending on factors like the driver's age, location, driving history, and coverage level.
Full coverage is needed only if your Canyon is new, leased, or financed. If your car is older and fully paid off, liability coverage may be enough.
The GMC Canyon car insurance cost is in the midrange compared to the insurance price range of its direct competitors in the midsize pickup truck segment.
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