GMC Canyon Insurance Rates

The average auto insurance rates for a GMC Canyon are $968 annually for full coverage. Comprehensive insurance costs on average $146, collision insurance costs $190, and liability coverage costs around $474. A liability-only policy costs as low as $522 a year, and high-risk insurance costs $2,084 or more. Teenage drivers cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates by type of insurance:

Includes $500 physical damage deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance rates. Rural areas are shown to have fewer accident claims than densely populated cities. The price range example below illustrates the difference location can make on car insurance rates.

The examples above show why anyone shopping for car insurance should compare prices based on a specific location and their own personal driving habits, rather than using average rates.

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

Additional Rate Analysis

The chart below shows average GMC Canyon insurance rates for different risk profiles and scenarios.

• The best discount rate is $589
• Using higher $1,000 deductibles will save around $78 a year
• The estimated rate for a good driver age 40 with $500 deductibles is $968
• Using more expensive low deductibles for physical damage coverage costs an additional $146 each year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,084
• Policy cost with full coverage for a teenage driver with full coverage may cost $3,952 or more

View Chart as Image

Car insurance rates for a GMC Canyon also range considerably based on the model year and trim level, your driver profile, and policy deductibles and limits.

An older driver with no driving violations and high physical damage deductibles may only pay around $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged upwards of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at a minimum $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance can be around 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 a year, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state has a huge impact on GMC Canyon insurance rates. A driver around age 40 might see rates as low as $640 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,380 on average in Michigan, Louisiana, and New York.

View Chart as Image

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 the Cheapest GMC Canyon Insurance

Finding cheaper rates on auto insurance requires being a safe and courteous driver, having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Make time to compare rates at least every other year by obtaining price quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local insurance agents.

Below is a recap of the car insurance concepts touched on in this article.

• Drivers that have major violations or accidents may be required to pay an average of $1,120 more each year for auto insurance
• Drivers can save as much as $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Consumers who require higher levels of liability will pay an extra $520 each year to increase from a 30/60 limit to higher 250/500 limits