GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive costs approximately $146, collision costs $190, and liability costs around $474. Liability-only insurance costs as low as $522 a year, with high-risk driver insurance costing around $2,084. Teenage drivers pay the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Price estimates by individual coverage:

Estimates include $500 policy deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all 50 U.S. states and for all Canyon models.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on car insurance prices. Rural locations have lower incidents of comprehensive and collision claims than densely populated cities.

The example below illustrates the effect of geographic area on auto insurance prices.

The ranges above highlight why everyone should compare prices using their specific location, instead of making a decision based on average rates.

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

Additional Rate Details

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

• The best discount rate is $589
• Using higher $1,000 deductibles will save $78 every year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $968
• Using pricier low deductibles for physical damage coverage bumps up the cost to $1,114
• High-risk insureds who are prone to accidents and violations could pay around $2,084 or more
• The price that insures a 16-year-old driver for full coverage can cost $3,952 or more

View Chart as Image

Car insurance prices for a GMC Canyon are also quite variable based on the model of your Canyon, your driving record and age, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you are likely paying anywhere from $1,200 to $1,700 extra each year, depending on your age. GMC Canyon insurance for high-risk drivers can be from 43% to 138% more than a normal policy. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may pay as low as $900 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will be charged in the ballpark of $3,900 a year. View Rates by Age

The state you live in has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see prices 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 could cut prices by as much as $230 annually, whereas buying more liability protection will push prices upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

Since prices can be so different, the best way to figure out who has the best auto insurance prices is to regularly compare prices from multiple companies. Each insurance company uses a different method to calculate prices, so rate quotes may be quite different.

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 insurance for a GMC Canyon requires avoiding accidents and claims, having a positive credit history, being claim-free, and avoiding coverage lapses. Compare prices at every policy renewal by getting rate quotes from direct car insurance companies, and also from local auto insurance providers.

The points below are a review of the data covered in the above illustrations.

• Insureds who purchase increased liability limits will pay an extra $520 per year to increase from a low limit to the 250/500 level
• You may be able to save around $110 per year simply by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save approximately $225 each year
• Drivers under the age of 20 pay the highest auto insurance prices, possibly costing $329 a month if full coverage is purchased