GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $968 a year with full coverage. Comprehensive insurance costs approximately $146 each year, collision costs $190, and liability is $474. Liability-only insurance costs around $522 a year, with high-risk driver insurance costing $2,084 or more. Teen drivers pay the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Price estimates by individual coverage:

These estimates include $500 policy deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all U.S. states and Canyon models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can make a big difference on the price of insurance. Rural locations have a lower frequency of collision claims than larger metro areas.

The graphic below illustrates how geographic area affects auto insurance prices.

The ranges above demonstrate why all drivers should compare rates quotes using their specific location and risk profile, instead of making a decision based on price averages.

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

Detailed Rate Analysis

The chart below details estimated GMC Canyon insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $589
• Raising to $1,000 deductibles will save $78 annually
• The average rate for the average middle-age driver who chooses $500 deductibles is $968
• Choosing low deductibles will cost an extra $146 annually
• Drivers with multiple violations and an at-fault accident could pay around $2,084 or more
• The price for full coverage for a 16-year-old driver can cost $3,952

View Chart as Image

Car insurance prices for a GMC Canyon are also quite variable based on your driving record, the trim level and model year, and physical damage deductibles and liability limits.

More mature drivers with no driving violations and high deductibles may pay as low as $900 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even good drivers will be charged in the ballpark of $3,900 a year. View Rates by Age

The state you live in also has a big influence on GMC Canyon insurance prices. A middle-age driver might find prices as low as $700 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,310 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing high deductibles can reduce prices by up to $230 annually, whereas increasing liability limits will push prices upward. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out anywhere from $1,200 to $1,700 extra each year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 43% to 138% more than average. View High Risk Driver Rates

Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to do a rate comparison from multiple companies. Every auto insurance company uses a different rate calculation, so rate quotes may be quite 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

Getting lower rates on insurance for a GMC Canyon consists of being a good driver, having above-average credit, avoid buying unnecessary coverage, and avoiding coverage lapses. Invest the time to compare rates at least once a year by getting rate quotes from direct companies like Progressive and GEICO, and also from several local insurance agents.

The following list is a brief summary of the primary concepts that were presented in the illustrations above.

• You may be able to save around $110 per year simply by quoting online in advance
• Drivers considered higher risk that tend to have accidents or serious violations pay on average $1,120 more per year than a safer driver
• Increasing physical damage deductibles can save around $225 each year
• Drivers age 16 to 20 pay the highest auto insurance prices, costing up to $329 a month if full coverage is included