GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $968 every 12 months for full coverage. Comprehensive insurance costs an estimated $146 each year, 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 broken down by type of coverage:

Prices include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all states and Canyon models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than densely populated cities.

The graphic below illustrates the difference location can make on insurance prices.

These rate differences show why all drivers should compare prices for a targeted area and their own driving history, instead of using average rates.

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

Detailed Rate Analysis

The chart below shows estimated GMC Canyon insurance rates for other coverage scenarios.

• The best discount rate is $589
• Using higher $1,000 deductibles will save approximately $78 a year
• The average price for a 40-year-old good driver who has $500 deductibles is $968
• Using low deductibles for physical damage coverage costs an extra $146 every year
• Drivers who are prone to accidents and violations could pay up to $2,084 or more
• An auto insurance policy to insure a teen driver can cost as much as $3,952 or more

View Chart as Image

Auto insurance prices for a GMC Canyon also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model year and trim level.

Using high physical damage deductibles could cut prices by as much as $230 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher 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, since even excellent drivers will have to pay at least $3,900 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying $1,200 to $1,700 in extra premium annually, depending on your age. Insurance for high-risk drivers can be as much as 43% to 138% more than a normal policy. View High Risk Driver Rates

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 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

With such a large range in prices, the only way to know which insurance company is cheapest is to do a rate comparison 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.

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 the Right GMC Canyon Insurance

Finding better rates on car insurance requires being a low-risk driver, having a good credit score, not filing small claims, and qualifying for all possible discounts. Make time to compare rates every time your policy renews by obtaining price quotes from direct carriers, and also from several local insurance agents.

The items below are a quick rundown of the information touched on in this article.

• Drivers can save approximately $110 per year simply by quoting online in advance
• Teen drivers are the costliest to insure, as much as $329 per month if comprehensive and collision insurance is included
• Increasing policy deductibles could save as much as $225 each year
• Higher risk drivers with reckless driving or DUI convictions pay on average $1,120 more annually to insure their Canyon
• Policyholders who want more liability coverage will pay an extra $520 each year to increase from 30/60 bodily injury limits to a 250/500 level