GMC Canyon Car Insurance Rates

GMC Canyon car insurance rates on average $128 a month, or $1,536 a year, according to our investigation. Your precise price is determined by a variety of variables, including your driving record, how many miles you drive annually, and your age and gender.

How to compare insurance for the GMC Canyon

GMC Canyon Car Insurance Rates - GMC Logo

Consider the following variables while comparing GMC Canyon insurance quotes:

  • Price. Because the GMC Canyon is a more compact pickup vehicle, you’ll save money on insurance. To get the most for your money, compare discounts offered by various service providers.
  • Deductible. Increasing your deductible is an option if you want to save money on your insurance premiums. Be certain, though, that you have the funds put aside in case you need to make a claim, since you will have to pay your deductible before your insurance coverage kicks in.
  • Coverage. Verify that your insurance coverage covers the bare minimums required by your state.. Beyond those requirements, you might want to add extra coverage like collision, comprehensive and uninsured and underinsured motorist, depending on your budget and needs.
  • Offers made by the manufacturer. GMC’s five-year powertrain warranty covers all new cars and includes 24-hour roadside assistance and towing service if needed.

What factors affect car insurance for the GMC Canyon?

Insuring a GMC Canyon should not be too expensive since it’s a mid-range pickup with a number of accessible safety features. Depending on whatever trim package you choose, your insurance rates may go up or down.

A car’s insurance premiums tend to rise in direct proportion to its purchase price. Although it may be more costly, some optional sophisticated safety features may actually help you save money, even if the overall model is more expensive.

GMC Canyon’s basic package was quoted at $115 per month by Erie Insurance while the GMC Canyon’s most costly model was priced at $110 per month.

Driver factors and insurance costs

Apart from your car’s make and model, additional aspects like age, marital status, place of residence, and accident history may influence your insurance costs. Gender and credit score are usually taken into account by insurance providers. Statistics indicate that women incur less risks while driving than males, therefore their insurance premiums tend to be lower. In most jurisdictions, those with better credit scores also get cheaper rates.

Does the GMC Canyon qualify for discounts?

Yes. Along with receiving a new vehicle discount, you may be able to lower your GMC Canyon insurance premiums because of optional safety features like:

  • Forward collision alerts
  • Lane departure warnings
  • A teen driver program, which lets parents set speed and volume limits
  • Child seat latch points
  • A rearview camera
  • Airbags
  • An anti theft alarm system

Reliability and safety ratings for the GMC Canyon

The GMC Canyon was rated as the third best small pickup truck by U.S. News & World Report in 2018. This reasonable vehicle has an average dependability rating of three out of five stars, but it has above-average safety and performance scores that swung the scales in its favor

With an overall score of four out of five stars from the NHTSA and the Insurance Institute for Highway Safety (IIHS), the GMC Canyon has excellent safety ratings from both organizations. Side impact results for the extended cab variant were barely passable.

There is a safety recall on 2016 GMC Canyons that you should be aware of:

  • Airbags. The driver’s airbags may improperly inflate, which could increase the risk of injury.

The GMC Canyon series maintenance

The GMC Canyon’s maintenance costs should be around typical for a small pickup truck. A full-size truck’s maintenance and repairs should be less expensive than a sedan, but it’s likely to be more expensive than one.

Because of its compact size, the Canyon gets better fuel efficiency, with a city rating of 22 mpg and a highway rating of 30 mpg.

Bottom line

The small GMC Canyon may be a fantastic choice if you want the advantages of a pickup truck without the bulk or higher insurance costs that come with some of your bigger choices. You may also be able to get premium reductions while looking for insurance because of its high safety ratings.

For additional car insurance review, check out our review of Ford Ranger Car Insurance Rates.