GMC Canyon Insurance Rates

The average insurance prices for a GMC Canyon are $968 every 12 months for full coverage insurance. Comprehensive insurance costs on average $146, collision costs $190, and liability insurance costs around $474. Liability-only insurance costs as low as $522 a year, with high-risk driver insurance costing $2,084 or more. Teenage drivers cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates by type of insurance:

Price estimates include $500 policy deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for all Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on insurance rates. Rural areas are shown to have more infrequent physical damage claims than densely populated cities.

The example below illustrates the difference between rural and urban areas on car insurance rates.

The examples above illustrate why everyone should compare prices based on a specific location and their own driving history, rather than relying on average rates.

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

More Rate Information

The chart below illustrates estimated 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 each year
• The average price for a good driver age 40 with $500 deductibles is $968
• Using pricier low deductibles for physical damage coverage costs an extra $146 a year
• Drivers who are prone to accidents and violations could pay upwards of $2,084 or more
• Policy cost to insure a teen driver for full coverage may cost $3,952 or more

View Chart as Image

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

Using high physical damage deductibles could cut rates by as much as $230 each year, whereas buying more liability protection will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

A more mature driver with a good driving record and higher deductibles could pay as little as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay upwards of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying at a minimum $1,200 to $1,700 in extra premium every year, depending on your age. GMC Canyon insurance for high-risk drivers can be anywhere from 43% to 138% more than a normal policy. View High Risk Driver Rates

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 Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,310 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out exactly what you will pay is to regularly compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, and quoted rates will be varied.

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 Cheaper GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance requires being safe and accident-free, having a good credit score, being claim-free, and taking advantage of discounts. Set aside time to compare rates at least every other year by obtaining price quotes from direct insurance companies, and also from several local insurance agents.

Below you'll find a condensed summary of the car insurance concepts covered above.

• High-risk drivers with multiple at-fault accidents pay on average $1,120 more each year than a low-risk driver
• It is possible to save as much as $110 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $225 each year
• Drivers who require more liability protection will pay an extra $520 annually to increase from a 30/60 limit to a 250/500 level