GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $968 a year with full coverage. Comprehensive costs an estimated $146 each year, collision costs $190, and liability insurance is estimated at $474. A policy with just liability insurance costs approximately $522 a year, with coverage for high-risk drivers costing around $2,084. Teens pay the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Price estimates broken down by individual coverage:

Estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all U.S. states and Canyon models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on car insurance rates. More rural locations have a lower frequency of collision claims than cities with more traffic congestion.

The graphic below illustrates the difference location can make on insurance prices.

The ranges above demonstrate why all drivers should get quotes for a targeted area and risk profile, rather than relying on averaged prices.

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

More Rate Information

The chart below details estimated GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $589
• Choosing higher $1,000 deductibles can save approximately $78 annually
• The average rate for the average middle-age driver who has $500 deductibles is $968
• Selecting low deductibles for comp and collision coverage will increase the cost to $1,114
• High-risk insureds with serious driving violations could pay up to $2,084 or more
• The price for full coverage for a teen driver can cost as much as $3,952 each year

View Chart as Image

Insurance prices for a GMC Canyon are also quite variable based on your driving record, the trim level and model year, and liability limits and deductibles.

More mature drivers with a clean driving record and high deductibles could pay as little as $900 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay at least $3,900 a year. View Rates by Age

The state you live in plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $700 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,310 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $230 each year, whereas increasing liability limits will increase premiums. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out $1,200 to $1,700 extra each year, depending on your age. Insurance for high-risk drivers ranges anywhere from 43% to 138% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the best way to find out which car insurance is cheapest is to do a rate comparison from as many companies as possible. Each auto insurer calculates prices differently, so the prices may be quite different from one company to the next.

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

Getting lower rates on GMC Canyon insurance takes being a good driver, maintaining good credit, avoid buying unnecessary coverage, and taking advantage of discounts. Make time to compare rates at every other renewal by requesting rates from direct companies like Progressive and GEICO, and also from local exclusive and independent agents.

The following list is a review of the concepts that were touched on in this article.

• High-risk drivers who have several accidents or serious violations may pay on average $1,120 more annually than a safer driver
• Drivers age 16 to 20 are charged the highest prices, costing up to $329 a month for full coverage
• You may be able to save approximately $110 per year simply by quoting online in advance
• Increasing physical damage deductibles can save around $225 each year
• You may be able to save approximately $110 per year simply by quoting online in advance