GMC Canyon Insurance Rates

Estimated auto insurance rates for a GMC Canyon are $968 annually including full coverage. Comprehensive costs around $146 a year, collision costs $190, and liability insurance 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 most at $3,952 a year or more.

Average premium for full coverage: $968

Premium estimates for type of coverage:

Prices are based on $500 deductible amounts, split liability limits of 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all 50 U.S. states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a significant impact on the price of insurance. Areas with sparse population are statistically proven to have fewer comprehensive and collision claims than densely populated cities.

The diagram below illustrates how location helps determine auto insurance rates.

These rate differences highlight why it is important to compare prices for a specific zip code and their own personal driving habits, rather than relying on average rates.

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

Rates by State, City, and Model

The chart below breaks down estimated GMC Canyon insurance rates for additional coverage choices and driver risks.

• The best discount rate is $589
• Using higher $1,000 deductibles will save about $890 every year
• The estimated rate for a 40-year-old good driver using $500 deductibles is $968
• Using low $100 deductibles for physical damage coverage will cost $1,114
• Drivers who are prone to accidents and violations could pay at least $2,084 or more
• An auto insurance policy with full coverage for a teen driver can be $3,952 or more

View Chart as Image

Insurance prices for a GMC Canyon also have a wide range based on the model of your Canyon, your driving characteristics, and deductibles and policy limits.

Older drivers with no violations or accidents and high physical damage deductibles could pay as little as $900 a year, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they should be prepared to pay as much as $3,900 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are likely paying at least $1,200 to $1,700 additional annually, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 138% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut prices by as much as $230 each year, while buying higher liability limits will increase prices. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

Where you choose to live has a huge impact on GMC Canyon insurance rates. A driver around age 40 might see prices as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,380 on average in Michigan, New York, and Louisiana.

View Chart as Image

With such a large range in prices, the best way to figure out your exact price is to get quotes from as many companies as possible. Each insurance company uses a different method to calculate prices, and prices will be substantially different between companies.

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 Buy Affordable GMC Canyon Insurance

Finding better rates on GMC Canyon insurance requires having a good driving record, having good credit, refrain from filing small claims, and taking advantage of discounts. Invest time comparing rates at least once a year by quoting rates from direct car insurance companies, and also from your local independent and exclusive agents.

The next list is a brief review of the primary concepts that were covered in the charts and tables above.

• You may be able to save up to $110 per year simply by quoting early and online
• High-risk drivers with DUI or reckless driving convictions may pay on average $1,120 more every year to buy GMC Canyon insurance
• Increasing policy deductibles could save up to $225 each year
• Drivers age 20 and younger are charged the highest prices, with the cost nearing $329 per month if they have full coverage