GMC Canyon Insurance Rates

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

Average premium for full coverage: $968

Premium estimates by type of coverage:

These estimates include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes both medical and uninsured motorist insurance. Rates include averaging for all 50 states and for all Canyon models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on insurance rates. Rural areas are statistically proven to have a lower frequency of physical damage claims than densely populated cities.

The example below illustrates how location impacts car insurance rates.

These rate differences illustrate why everyone should compare prices based on a specific location and risk profile, instead of using average rates.

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

Additional Rate Details

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 rate for a 40-year-old good driver with $500 deductibles is $968
• Using pricier low deductibles for physical damage coverage will cost an extra $146 every year
• Drivers who are prone to accidents and violations could pay upwards of $2,084 or more
• An auto insurance policy for full coverage for a teen driver for full coverage may cost $3,952 or more

View Chart as Image

Auto insurance prices for a GMC Canyon also have a wide range based on your driving characteristics, the model year and trim level, and policy deductibles and limits.

A more mature driver with a good driving record and high deductibles may pay as little as $900 a year, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay upwards of $3,900 a year. View Rates by Age

Where you choose to live has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see prices 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

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

If you have a few violations or tend to cause accidents, you are probably paying at a minimum $1,200 to $1,700 in extra premium annually, depending on your age. GMC Canyon insurance for high-risk drivers can be as much as 43% to 138% more than a normal policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out exactly what you will pay is to regularly compare prices and see which company has the best price. Each insurance company uses a different method to calculate prices, and quoted prices will be substantially 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 Cheap GMC Canyon Insurance

Finding better rates on car insurance requires having a decent driving record, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Spend time shopping around at every other renewal by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following items are a brief summary of the concepts that were touched on above.

• Higher risk drivers that tend to have accidents or serious violations pay an average of $1,120 more each year than a driver with a clean driving record
• 16 to 18-year-old drivers are charged the highest prices, with premiums being up to $329 per month if they have full coverage
• It is possible to save as much as $110 per year simply by quoting online well ahead of the renewal date
• Increasing policy deductibles can save around $225 each year
• It is possible to save as much as $110 per year simply by quoting online well ahead of the renewal date