GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year for full coverage insurance. Comprehensive costs an estimated $146 each year, collision insurance costs $190, and liability coverage is estimated at $474. Liability-only insurance costs approximately $522 a year, and high-risk driver insurance costs around $2,084. Teenage drivers cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates broken down by type of insurance:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than densely populated cities. The graphic below illustrates how location impacts insurance prices.

The examples above illustrate why all drivers should get quotes for a targeted area, rather than using average rates.

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

Additional Rate Information

The chart below illustrates average GMC Canyon insurance rates for other coverage scenarios.

• The best discount rate is $589
• Choosing higher $1,000 deductibles can save approximately $78 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $968
• Using low deductibles for comp and collision coverage bumps up the cost to $1,114
• Drivers who are prone to accidents and violations could pay up to $2,084
• Policy cost that insures a teenage driver can cost as much as $3,952 each year

View Chart as Image

Auto insurance rates for a GMC Canyon also range considerably based on the trim level and model year, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,200 to $1,700 in extra premium every year, depending on your age. Insurance for high-risk drivers ranges around 43% to 138% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay at least $3,900 a year. View Rates by Age

Your home state plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $640 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,310 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $230 a year, whereas increasing liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

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

Finding cheaper rates on auto insurance takes avoiding accidents and claims, maintaining a good credit score, being claim-free, and consideration of higher deductibles. Compare prices at least once a year by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The points below are a review of the primary concepts that were touched on above.

• It is possible to save approximately $110 per year just by quoting online in advance
• Drivers who have several accidents or serious violations may have to pay on average $1,120 more annually to insure a GMC Canyon
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• Drivers under the age of 20 are the costliest to insure, possibly costing $329 each month if the policy includes full coverage