GMC Canyon Insurance Rates

Average insurance rates for a GMC Canyon are $968 a year for full coverage insurance. Comprehensive costs around $146 each year, collision costs $190, and liability is $474. A policy with just liability insurance costs around $522 a year, with coverage for high-risk drivers costing around $2,084. Teenage drivers receive the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Rate estimates for individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and Canyon models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Areas with sparse population tend to have lower incidents of physical damage claims than densely populated cities.

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

These examples illustrate why all drivers should compare rates quotes for a specific zip code, instead of using average rates.

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

Additional Charts and Tables

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

• The best discount rate is $589
• Raising to $1,000 deductibles will save about $78 each year
• The estimated price for a 40-year-old driver using $500 deductibles is $968
• Using low deductibles bumps up the cost to $1,114
• At-risk drivers who are prone to accidents and violations could pay at least $2,084 or more
• The cost that insures a teen driver can be $3,952

View Chart as Image

Insurance rates for a GMC Canyon can also vary considerably based on the trim level and model year, your age and driving record, and deductibles and policy limits.

If you like to drive fast or you caused an accident, you are probably paying at least $1,200 to $1,700 additional per year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 138% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $900 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records should be prepared to pay as much as $3,900 a year. View Rates by Age

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

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $230 every year, whereas increasing liability limits will increase rates. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out your exact price is to do a rate comparison and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and rates can be significantly different.

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 Best Cheap GMC Canyon Insurance

Saving money on car insurance consists of having a decent driving record, having a good credit score, avoid buying unnecessary coverage, and taking advantage of discounts. Compare prices every other policy renewal by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The following items are a quick review of the ideas that were covered in the above illustrations.

• 16 to 18-year-old drivers are charged the highest rates, costing up to $329 per month if comprehensive and collision insurance is included
• Higher risk drivers with a DUI or reckless driving violation could be forced to pay on average $1,120 more every year than a driver with a clean driving record
• Increasing deductibles can save approximately $225 each year
• It is possible to save up to $110 per year simply by quoting online in advance