GMC Canyon Insurance Rates

The average insurance prices for a GMC Canyon are $968 every 12 months with full coverage. Comprehensive insurance costs an estimated $146 each year, collision costs $190, and liability costs around $474. Liability-only coverage costs as low as $522 a year, with high-risk coverage costing $2,084 or more. Teens cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates broken down by type of insurance:

Prices include $500 physical damage deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance rates. More rural locations are shown to have more infrequent collision claims than cities with more traffic congestion.

The graphic below illustrates the effect of geographic area on insurance prices.

The examples above demonstrate why all drivers should compare prices for a targeted area and their own driving history, instead of using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $589
• Using higher $1,000 deductibles will save approximately $78 annually
• The average price for a good driver age 40 who has $500 deductibles is $968
• Selecting low deductibles for physical damage coverage costs an extra $146 every year
• Drivers with serious driving violations could pay up to $2,084 or more
• Policy cost to insure a teen driver can cost as much as $3,952 or more

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on liability limits and deductibles, your driving record, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $230 every year, whereas increasing liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as little as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay at least $3,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out $1,200 to $1,700 additional every year, depending on your age. Insurance for high-risk drivers can be as much as 43% to 138% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see rates as low as $700 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,310 on average in New York, Michigan, and Florida.

View Chart as Image

Because rates have so much variability, the best way to find out which auto insurance is cheapest is to do a rate comparison and see which company has the best rate. Each insurance company calculates rates differently, and rates will be varied.

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 cheaper rates on car insurance requires being a safe and courteous driver, having above-average credit, not filing small claims, and maximizing policy discounts. Take the time to compare rates at least once a year by getting quotes from direct companies, and also from your local independent and exclusive agents.

Below is a quick rundown of the primary concepts that were covered in the above illustrations.

• You may be able to save approximately $110 per year simply by quoting online in advance
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,120 more annually for auto insurance
• Increasing comprehensive and collision deductibles could save as much as $225 each year
• Teenage drivers are expensive to insure, as much as $329 each month if full coverage is included