GMC Canyon Insurance Rates

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

Average premium for full coverage: $968

Premium estimates broken down by type of coverage:

Includes $500 policy deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on the price of insurance. More rural locations are statistically proven to have lower incidents of physical damage claims than cities with more traffic congestion. The diagram below illustrates how rural and urban location affects insurance prices.

These rate differences illustrate why it is important to compare rates quotes for a targeted area, instead of using averaged prices.

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

Additional Rate Analysis

The chart below illustrates average GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $589
• Raising to $1,000 deductibles will save approximately $890 each year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $968
• Selecting low $100 deductibles will cost an additional $146 every year
• At-risk drivers with serious driving violations could pay up to $2,084
• An auto insurance policy that insures a teen driver can cost as much as $3,952

View Chart as Image

Insurance prices for a GMC Canyon also have a wide range based on the trim level of your Canyon, your age and driving record, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are probably paying $1,200 to $1,700 additional annually, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 43% to 138% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $900 every 12 months 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 at least $3,900 a year. View Rates by Age

Where you choose to live also has a big influence on GMC Canyon insurance prices. A middle-age driver might find prices as low as $640 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,310 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $230 every year, while buying higher liability limits will increase premiums. Switching 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 the Cheapest GMC Canyon Insurance

Finding better rates on car insurance consists of being safe and accident-free, having a good credit score, paying for small claims out-of-pocket, and possibly raising deductibles. Compare rates once a year by requesting rates from direct insurance companies, and also from local insurance agencies.

Below you'll find a recap of the data that was raised in the charts and tables above.

• It is possible to save approximately $110 per year just by quoting early and online
• Policyholders who want more liability protection will pay approximately $520 annually to raise from 30/60 bodily injury limits to the 250/500 level
• Youthful drivers are expensive to insure, with premiums being up to $329 per month if comprehensive and collision insurance is included
• Higher risk drivers that have major violations or accidents may have to pay on average $1,120 more annually than a low-risk driver