GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive costs approximately $146 each year, collision insurance costs $190, and liability coverage is estimated at $474. Buying just liability costs approximately $522 a year, and insurance for high-risk drivers costs around $2,084. 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:

Estimates include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how location impacts auto insurance prices.

The examples above highlight why all drivers should get quotes using their specific location, rather than using average rates.

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

Detailed Rate Analysis

The chart below breaks down average GMC Canyon insurance rates for additional coverage and risk scenarios.

• The best discount rate is $589
• Choosing higher $1,000 deductibles can save $78 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $968
• Using low deductibles for comp and collision coverage bumps up the cost to $1,114
• Drivers who are prone to accidents and violations could pay around $2,084
• Policy cost that insures a teenage driver can cost $3,952 each year

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on the trim level and model year, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,200 to $1,700 extra every year, depending on your age. Insurance for high-risk drivers ranges around 43% to 138% more than a normal policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $3,900 a year. View Rates by Age

Your home state 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 Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,380 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $230 a year, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

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 Find Low Cost GMC Canyon Insurance

Finding cheaper rates on auto insurance takes being a low-risk driver, having above-average credit, paying for small claims out-of-pocket, and possibly raising deductibles. Compare prices at least once a year by getting quotes from direct car insurance companies, and also from local auto insurance providers.

The items below are a review of the primary concepts that were touched on above.

• You may be able to save around $110 per year just by quoting online in advance
• Drivers who have several accidents or serious violations will likely pay on average $1,120 more per year to insure their Canyon
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• Teen drivers are expensive to insure, with premiums being up to $329 each month if full coverage is included