GMC Canyon Insurance Rates

The average auto insurance rates for a GMC Canyon are $968 annually for full coverage. Comprehensive insurance costs around $146 a year, collision costs $190, and liability coverage costs $474. Buying just liability costs as little as $522 a year, with insurance for high-risk drivers costing $2,084 or more. 16-year-old drivers cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates for type of insurance:

Includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all states and Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on auto insurance rates. Areas with sparse population are shown to have fewer accident claims than congested cities.

The diagram below illustrates the effect of geographic area on auto insurance rates.

The examples above show why it is important to compare rates for a specific zip code and their own personal driving habits, rather than using rate averages.

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

Detailed Rate Analysis

The chart below shows estimated GMC Canyon insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $589
• Drivers who choose higher $1,000 deductibles will pay about $890 a year
• The estimated rate for a good driver age 40 using $500 deductibles is $968
• Buying low $100 deductibles for comprehensive and collision insurance costs an additional $146 each year
• High-risk insureds with multiple tickets or accidents could pay at least $2,084 or more
• Policy cost with full coverage for a teenage driver can be $3,952 a year

View Chart as Image

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

Older drivers with a clean driving record and high physical damage deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay as much as $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 least $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy can cost around 43% to 138% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $230 a year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $640 a year in states like Idaho, Maine, and Iowa, or at least $1,380 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know your exact price is to get quotes and see how they stack up. Every company utilizes a different rate formula, so the rates will be varied 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 the Cheapest GMC Canyon Insurance

Finding cheaper rates on auto insurance not only requires having a decent driving record, but also having a good credit history, avoid buying unnecessary coverage, and insuring your home and auto with the same company. Take the time to compare rates once a year by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following items are a recap of the data that was covered in the above illustrations.

• Drivers can save up to $110 per year simply by quoting early and online
• Consumers who may need additional liability coverage will pay around $520 each year to go from a 30/60 limit to higher 250/500 limits
• 16 to 18-year-old drivers pay higher rates, costing up to $329 each month including comprehensive and collision insurance
• Drivers that have major violations or accidents pay an average of $1,120 more every year than a driver with a clean driving record