GMC Canyon Insurance Rates

U.S. average insurance prices for a GMC Canyon are $998 every 12 months with full coverage. Comprehensive costs around $156, collision insurance costs $210, and liability is $474. Buying just liability costs around $522 a year, and insurance for high-risk drivers costs around $2,148. Teenage drivers pay the highest rates at up to $4,040 a year.

Average premium for full coverage: $998

Price estimates for individual coverage:

Price estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and for different Canyon trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on insurance rates. Areas with sparse population have more infrequent collision claims than densely populated cities. The price range example below illustrates how geographic area affects auto insurance rates.

The ranges above demonstrate why anyone shopping for car insurance should compare rates quotes for a specific zip code and their own driving history, instead of using average rates.

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

Additional Rate Analysis

The chart below details average GMC Canyon insurance rates for additional coverage choices and driver risks.

• The best discount rate is $606
• Raising to $1,000 deductibles will save about $84 annually
• The average price for the average middle-age driver using $500 deductibles is $998
• Using more expensive low deductibles increases the price to $1,154
• At-risk drivers who are prone to accidents and violations could pay at least $2,148
• The price to insure a teen driver with full coverage can be $4,040

View Chart as Image

Insurance prices for a GMC Canyon are also quite variable based on deductibles and policy limits, your driving record, and the trim level and model year.

Using high physical damage deductibles can reduce prices by up to $240 every year, while increasing your policy's liability limits will increase prices. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as little as $900 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers should be prepared to pay as much as $4,000 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out at least $1,200 to $1,700 additional each year, depending on your age. High-risk driver insurance is expensive and can cost as much as 42% to 134% more than a normal policy. View High Risk Driver Rates

The state you live in also has a big influence on GMC Canyon insurance prices. A middle-age driver might find prices as low as $720 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,350 on average in Florida, Michigan, and New York.

View Chart as Image

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 Shop for Cheaper GMC Canyon Insurance

Getting lower rates on car insurance consists of being a good driver, having above-average credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Invest the time to compare rates at every other renewal by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a condensed summary of the concepts that were presented in the illustrations above.

• Higher risk drivers with multiple at-fault accidents pay on average $1,150 more every year than a safer driver
• Drivers age 16 to 20 are charged the highest prices, costing up to $337 a month if full coverage is included
• You may be able to save up to $110 per year just by shopping early and online
• Increasing physical damage deductibles could save as much as $250 each year
• You may be able to save up to $110 per year just by shopping early and online