GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive insurance costs on average $146, collision insurance costs $190, and liability insurance is estimated at $474. A liability-only policy costs approximately $522 a year, and high-risk insurance costs $2,084 or more. Teenage drivers cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates by type of insurance:

Estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than densely populated cities. The price range example below illustrates the difference between rural and urban areas on car insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes based on a specific location and risk profile, rather than relying on average rates.

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

Additional Rate Details

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 rate for a good driver age 40 with $500 deductibles is $968
• Using more expensive low deductibles for comp and collision coverage will cost an extra $146 a year
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,084
• Policy cost for full coverage for a teen driver with full coverage may cost $3,952 each year

View Chart as Image

Car insurance rates for a GMC Canyon also range considerably based on your risk profile, the model of your Canyon, and policy deductibles and limits.

An older driver with no driving violations and high deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged upwards of $3,900 a year. View Rates by Age

Your home state plays a big part in determining prices for GMC Canyon insurance rates. 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.

View Chart as Image

Using high physical damage deductibles can save as much as $230 each year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at a minimum $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance ranges anywhere from 43% to 138% more than a normal policy. View High Risk Driver Rates

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 Low Cost GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance takes being a good driver, having above-average credit, paying for small claims out-of-pocket, and possibly raising deductibles. Set aside time to compare rates at every other renewal by obtaining price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following list is a review of the concepts that were covered above.

• High-risk drivers who have several accidents or serious violations may pay on average $1,120 more each year than a safer driver
• Drivers age 16 to 20 are expensive to insure, with premiums being up to $329 each month if full coverage is included
• You may be able to save as much as $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• You may be able to save as much as $110 per year just by shopping early and online