GMC Canyon Insurance Rates

Estimated insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive costs an estimated $146, collision costs $190, and liability coverage costs $474. A liability-only policy costs as little as $522 a year, with high-risk insurance costing around $2,084. Teens pay the most at $3,952 a year or more.

Average premium for full coverage: $968

Premium estimates broken down by type of coverage:

These estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for all Canyon models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on the price of auto insurance. More rural locations are statistically proven to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The example below illustrates how your location can change insurance prices.

These rate differences highlight why everyone should compare rates for a targeted area and risk profile, rather than using averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $589
• Drivers who choose higher $1,000 deductibles will pay approximately $78 every year
• The average rate for a 40-year-old good driver who has $500 deductibles is $968
• Selecting pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,114
• High-risk insureds with serious driving violations could pay up to $2,084 or more
• An auto insurance policy for full coverage for a teenage driver for full coverage can cost as much as $3,952 a year

View Chart as Image

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

A more mature driver with a good driving record and high deductibles may only pay around $900 per year on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay at least $3,900 a year. View Rates by Age

Where you choose to live makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $740 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,380 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $230 a year, whereas buying more liability protection will increase premiums. Changing from a 50/100 limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying $1,200 to $1,700 in extra premium annually, depending on your age. GMC Canyon insurance for high-risk drivers can cost around 43% to 138% more than the average policy. View High Risk Driver Rates

With such a large range in prices, the best way to figure out which insurance company is cheapest is to regularly compare prices and see how they stack up. Every company calculates prices differently, and quoted prices will be substantially different from one company to the next.

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 auto insurance not only requires having a decent driving record, but also having good credit, refrain from filing small claims, and qualifying for all possible discounts. Invest the time to shop around every other policy renewal by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following items are a brief summary of the ideas that were illustrated above.

• 16 to 18-year-old drivers are the costliest to insure, with the cost nearing $329 per month if they have full coverage
• Drivers that tend to have accidents or serious violations may pay on average $1,120 more annually than a driver with a clean driving record
• Increasing policy deductibles can save around $225 each year
• You may be able to save approximately $110 per year simply by quoting online well ahead of the renewal date