GMC Canyon Insurance Rates

Estimated insurance rates for a GMC Canyon are $968 a year for full coverage. Comprehensive insurance costs approximately $146, collision insurance costs $190, and liability insurance is estimated at $474. Liability-only insurance costs approximately $522 a year, and high-risk driver insurance costs $2,084 or more. Teenage drivers pay the most at up to $3,952 a year.

Average premium for full coverage: $968

Premium estimates by type of coverage:

These estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and for different Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on car insurance rates. Rural locations are statistically proven to have lower incidents of accident claims than densely populated cities. The price range example below illustrates how location helps determine auto insurance prices.

These rate differences show why anyone shopping for car insurance should get quotes using their specific location, rather than relying on average rates.

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

Rate Comparisons

The chart below shows average GMC Canyon insurance rates for additional coverage and risk scenarios.

• The best discount rate is $589
• Choosing higher $1,000 deductibles can save $78 a year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $968
• Using more expensive low deductibles for comp and collision coverage will cost an additional $146 a year
• High-risk insureds who are prone to accidents and violations could pay around $2,084
• An auto insurance policy that insures a teen driver with full coverage can cost $3,952 each year

View Chart as Image

Insurance prices for a GMC Canyon also have a wide range based on the model year and trim level, how you drive, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you could be paying anywhere from $1,200 to $1,700 additional annually, depending on your age. High-risk driver insurance ranges anywhere from 43% to 138% more than a normal policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $3,900 a year. View Rates by Age

Where you choose to live 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 Iowa, Maine, and Idaho, or be forced to pay as much as $1,380 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $230 each year, while increasing your policy's liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more each 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 Cheap GMC Canyon Insurance

Finding better rates on GMC Canyon insurance takes avoiding accidents and violations, having a good credit score, not filing small claims, and consideration of higher deductibles. Compare prices every couple of years by requesting quotes from direct carriers, and also from insurance agencies where you live.

The list below is a brief summary of the material that was covered in the charts and tables above.

• Drivers who purchase higher liability limits will pay an extra $520 each year to raise limits from 30/60 bodily injury limits to the 250/500 level
• Teenagers are the costliest to insure, as much as $329 per month if comprehensive and collision insurance is included
• High-risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,120 more per year for car insurance
• Increasing policy deductibles can save approximately $225 each year