GMC Canyon Insurance Rates

Average auto insurance rates for a GMC Canyon are $968 annually for full coverage insurance. Comprehensive costs approximately $146 a year, collision costs $190, and liability costs around $474. Buying just liability costs as low as $522 a year, with insurance for high-risk drivers costing around $2,084. Teenage drivers receive the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Rate estimates by individual coverage type:

Estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and Canyon trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can make a big difference on the price of auto insurance. Rural locations tend to have fewer physical damage claims than densely populated cities.

The diagram below illustrates how where you live affects auto insurance prices.

These examples illustrate why it is important to compare prices using their specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below illustrates estimated GMC Canyon insurance rates for additional coverage and risk scenarios.

• The best discount rate is $589
• Using higher $1,000 deductibles will save $890 each year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $968
• Using low $100 deductibles for physical damage coverage will cost $1,114
• High-risk insureds who are prone to accidents and violations could pay around $2,084 or more
• The cost with full coverage for a 16-year-old driver can cost $3,952 or more

View Chart as Image

Auto insurance rates for a GMC Canyon can also vary considerably based on the trim level of your Canyon, your risk profile, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high physical damage deductibles may pay as low as $900 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay in the ballpark of $3,900 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,200 to $1,700 in extra premium per year, depending on your age. A high-risk auto insurance policy can be from 43% to 138% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $230 annually, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

Where you live has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see rates as low as $640 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,310 on average in Florida, New York, and Michigan.

View Chart as Image

With so much variability in rates, the only way to figure out who has the best car insurance rates is to get quotes from multiple companies. Each insurance company uses a different method to calculate rates, and quoted rates can be significantly different between companies.

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 Buy Low Cost GMC Canyon Insurance

Saving money on insurance for a GMC Canyon requires having a good driving record, having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Take the time to comparison shop every other policy renewal by obtaining price quotes from direct insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

The next list is a review of the ideas that were touched on in the above illustrations.

• Drivers age 20 and younger have the highest car insurance rates, costing up to $329 per month if full coverage is included
• Drivers considered higher risk who have several accidents or serious violations could be forced to pay on average $1,120 more per year to buy GMC Canyon insurance
• Increasing deductibles could save up to $225 each year
• It is possible to save around $110 per year simply by quoting early and online