GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $968 every 12 months including full coverage. Comprehensive costs on average $146, collision insurance costs $190, and liability is estimated at $474. A liability-only policy costs approximately $522 a year, and high-risk insurance costs around $2,084. Teenage drivers pay the most at up to $3,952 a year.

Average premium for full coverage: $968

Premium estimates by type of coverage:

Full coverage includes $500 physical damage deductibles, 30/60 split liability limits, and includes uninsured motorist and medical 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

Living in a larger city can make a big difference on car insurance rates. Rural areas are statistically proven to have more infrequent comprehensive and collision claims than densely populated cities. The example below illustrates how location helps determine car insurance rates.

These rate differences highlight why everyone should get quotes based on a specific location and their own driving history, instead of making a decision based on average rates.

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

Additional Rate Information

The chart below breaks down average GMC Canyon insurance rates for different risk profiles and scenarios.

• The best discount rate is $589
• Choosing higher $1,000 deductibles can save around $78 every year
• The average price for a 40-year-old good driver with $500 deductibles is $968
• Using pricier low deductibles for comp and collision coverage increases the price to $1,114
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,084
• An auto insurance policy to insure a 16-year-old driver for full coverage may cost $3,952 each year

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

Using high physical damage deductibles can save as much as $230 annually, whereas buying more liability protection will cost you more. Changing 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

A more mature driver with a good driving record and higher deductibles may pay as low as $900 annually on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will have to pay upwards of $3,900 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying at a minimum $1,200 to $1,700 in extra premium annually, depending on your age. GMC Canyon insurance for high-risk drivers ranges from 43% to 138% more than a normal policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for GMC Canyon insurance prices. A good driver about age 40 could pay 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.

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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 More Affordable GMC Canyon Insurance

Finding better rates on insurance for a GMC Canyon takes being a safe and courteous driver, having a good credit score, refrain from filing small claims, and deciding if full coverage is necessary. Invest time comparing rates at least every other year by obtaining price quotes from direct car insurance companies, and also from your local independent and exclusive agents.

Below is a summary of the car insurance concepts covered in the charts and tables above.

• Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,120 more each year for auto insurance
• You may be able to save as much as $110 per year just by quoting online well ahead of the renewal date
• Increasing policy deductibles could save as much as $225 each year
• Insureds who require higher levels of liability will pay an extra $520 per year to raise limits from 30/60 bodily injury limits to a 250/500 level