How Much Does GMC Terrain Car Insurance Cost? | Finder Canada

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How much does GMC Terrain insurance cost?

What to expect when insuring this compact SUV, including average costs, reliability ratings and more

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According to our research, the average cost to insure a GMC Terrain is around $161 a month — or $1,936 a year. Your actual cost depends on your driving record, the number of kilometres you drive in a year, your age, gender and other factors.

Compare free car insurance quotes online for your GMC Terrain

Name Product Roadside assistance Third-Party Liability Collision Coverage Comprehensive Coverage Discounts Available Available Provinces
Sonnet Auto Insurance
Up to 25%
Alberta, New Brunswick, Nova Scotia, Ontario, PEI, Quebec
Get auto insurance with Sonnet in just five minutes. Save up to 25% on your auto insurance through discounts and bundling options.

Who it might be good for: Drivers looking to apply and manage their car insurance completely online.
Intact Car Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Get car insurance with Intact and enjoy a quick turnaround on any lodged claims. Get a free quote through Surex.

Who it might be good for: Drivers looking to get rewarded for good driving behaviour.
Aviva Car Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Aviva car insurance offers customizable policies, discounts and optional insurance coverage add-ons. Get a free quote through Surex.

Who it might be good for: Drivers looking to customize their auto policy.
Travelers Car Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Travelers auto insurance offers a selection of coverage options for just about any type of vehicle. Get a free quote through Surex.

Who it might be good for: Drivers looking to get car, motorcycle, classic car, motorhome or recreational vehicle coverage.
Surex Auto Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Submit one application and receive quotes from 10+ insurers. Save up to 25% on your car insurance, plus get access to an insurance advisor.

Who it might be good for: Drivers looking to use an insurance broker to compare multiple pricing and coverage options.
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How to compare insurance for the GMC Terrain

When comparing insurance options for your GMC Terrain, consider these factors:

  • Price. Because the GMC Terrain comes with several standard safety features, you may be able to unlock discounts to lower the cost of your monthly premium.
  • Deductible. You could choose a policy with a higher deductible to lower your premium, just make sure you have that cash on hand in case of an accident.
  • Coverage. Make sure your insurance policy covers your province or territory’s minimum requirements. If you have an upgraded trim package, you may want to consider collision and comprehensive coverage.
  • Manufacturer offers. Every new GMC comes with 2 warranties: a 3-year, 60,000-km limited warranty, which includes tires, and a 5-year, 160,000-km powertrain warranty.

What factors affect car insurance for the GMC Terrain?

As a relatively reliable midrange compact SUV with high safety ratings, the GMC Terrain shouldn’t break the bank to insure. However, the trim package you choose could affect your insurance premium.

The 2020 GMC Terrain is available in SLE, SLT and Denali packages in order of increasing price. It could cost you more each month to insure your GMC Terrain Denali than it will to insure the SLE version.

    Driver factors and insurance costs

    Beyond the make and model of your vehicle, other factors like your age, gender, location, credit history and accident history can affect your car insurance rates.

    Insurance companies in all provinces except Ontario and Newfoundland and Labrador, can use your credit score to calculate your premium under specific circumstances, and individuals with high scores generally lock in low rates. Women are also known to qualify for lower insurance premiums — regardless of their age.

    Does the GMC Terrain qualify for discounts?

    Yes. You should be able to snap up a few premium discounts for your GMC Terrain, thanks to advanced safety features like:

    • A teen driver feature that allows you to set speed and volume limits for specific drivers
    • A rearview camera
    • Airbags
    • Four-wheel antilock braking system
    • Four-wheel disc brakes
    • Electronic stability control
    • Traction control
    • Antitheft security system

    Reliability and safety ratings for the GMC Terrain

    Like many other GMC and Chevrolet vehicles, the 2020 GMC Terrain rates high in both reliability and safety. The JD Power Consumer Rating gives this compact SUV an 83 out of 100 reliability rating. The 2019 model was a JD Power Performance Award Winner, which is awarded to models with the highest design and performance ratings from owners within 90 days of purchasing. The Insurance Institute for Highway Safety (IIHS) gave the GMC Terrain a “good” score in all crashworthiness tests, which is the highest possible rating. However, the Terrain’s headlights earned a poor rating from the IIHS.

    The GMC Terrain series maintenance

    The GMC Terrain is a compact SUV built with fuel efficiency and relatively low routine maintenance costs in mind. Like its cousin, the Chevrolet Equinox, the GMC Terrain should get up to 9.2 L/100 km in the city and 7.8 L/100 km on the highway. And oil changes, brake pad replacements, tire rotation and other routine services shouldn’t be too pricey.

    Bottom line

    Average insurance rates combined with modest repair and routine maintenance costs and above-average fuel economy make the GMC Terrain a smart choice for a mix of value and luxury. If you have a clean driving history and qualify for paperless billing, bundling of your home and auto policies or other insurance discounts, you could save even more.

    To get the best rate for your GMC Terrain, compare car insurance providers against your budget and needs.

    Frequently asked questions about the GMC Terrain

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