GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $968 every 12 months including full coverage. Comprehensive costs around $146 a year, collision costs $190, and liability insurance is estimated at $474. A liability-only policy costs approximately $522 a year, with high-risk insurance costing around $2,084. Teen drivers pay the most at $3,952 a year or more.

Average premium for full coverage: $968

Premium estimates for type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 U.S. states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on the price of insurance. Areas with sparse population are statistically proven to have more infrequent comprehensive and collision claims than larger metro areas.

The diagram below illustrates how location impacts auto insurance rates.

These rate differences highlight why it is important to get quotes for a specific zip code and their own driving history, rather than relying on price averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below breaks down estimated GMC Canyon insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $589
• Choosing higher $1,000 deductibles can save about $890 every year
• The average price for a 40-year-old good driver using $500 deductibles is $968
• Choosing low $100 deductibles for comp and collision coverage increases the price to $1,114
• High-risk insureds with multiple violations and an at-fault accident could pay at least $2,084 or more
• An auto insurance policy to insure a teen driver can be $3,952 each year

View Chart as Image

Auto insurance prices for a GMC Canyon also have a wide range based on physical damage deductibles and liability limits, your driving characteristics, and the trim level and model year.

Choosing high deductibles can save as much as $230 each year, while buying higher liability limits will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will have to pay as much as $3,900 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying at least $1,200 to $1,700 in extra premium annually, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 138% more than average. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,380 on average in Michigan, New York, and Louisiana.

View Chart as Image

With such a large range in prices, the best way to figure out your exact price is to get quotes from as many companies as possible. Each auto insurer uses a different rate calculation, and quoted prices will be substantially different.

Insurance Rates by Trim Level and Model Year

Rates assume 2011 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for the Best GMC Canyon Insurance

Finding better rates on GMC Canyon insurance takes having a decent driving record, having a good credit score, refrain from filing small claims, and maximizing policy discounts. Spend time shopping around at least once a year by requesting rates from direct car insurance companies, and also from insurance agencies where you live.

The following items are a brief recap of the primary concepts that were touched on above.

• You may be able to save up to $110 per year simply by quoting early and online
• High-risk drivers who tend to receive serious violations could be forced to pay on average $1,120 more every year than a driver with a clean driving record
• Increasing policy deductibles could save as much as $225 each year
• 16 to 18-year-old drivers are expensive to insure, with the cost nearing $329 per month if comprehensive and collision insurance is included