GMC Canyon Insurance Rates

Average insurance prices for a GMC Canyon are $968 every 12 months for full coverage. Comprehensive insurance costs an estimated $146 a year, collision costs $190, and liability coverage is $474. Buying just liability costs around $522 a year, with insurance for high-risk drivers costing $2,084 or more. Teenage drivers receive the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Rate estimates broken down by individual coverage type:

Rate estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Rates are averaged for all states and Canyon trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. More rural locations tend to have more infrequent accident claims than densely populated cities.

The diagram below illustrates how your location can change insurance prices.

These examples show why it is important to compare rates quotes for a targeted area and their own driving history, rather than using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $589
• Raising to $1,000 deductibles will save approximately $890 a year
• The average price for a 40-year-old driver who has $500 deductibles is $968
• Using low $100 deductibles costs an extra $146 each year
• Unlucky drivers who are prone to accidents and violations could pay up to $2,084 or more
• The cost to insure a teenage driver can cost as much as $3,952

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Auto insurance rates for a GMC Canyon can also vary considerably based on policy deductibles and limits, your driver profile, and the model year and trim level.

Using high physical damage deductibles can reduce rates by up to $230 a year, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may only pay around $900 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers will have to pay at least $3,900 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying $1,200 to $1,700 in extra premium per year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 43% to 138% more than a normal policy. View High Risk Driver Rates

Where you live also has a big influence on GMC Canyon insurance rates. A middle-age driver might find rates as low as $640 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,380 on average in New York, Louisiana, and Michigan.

View Chart as Image

With so much variability in rates, the only way to know which company is cheapest is to get quotes and see how they stack up. Every auto insurance company uses a different method to calculate rates, and quoted 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 Shop for the Best GMC Canyon Insurance

Saving money on auto insurance consists of having a decent driving record, having a good credit score, eliminating unneeded coverage, and qualifying for all possible discounts. Invest the time to shop around once a year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a brief recap of the data that was illustrated above.

• Drivers can save approximately $110 per year simply by quoting early and online
• Consumers who want additional liability coverage will pay an extra $520 each year to raise from a minimum limit to a 250/500 level
• 16 to 18-year-old drivers are the costliest to insure, costing as high as $329 per month if comprehensive and collision insurance is included
• Drivers who tend to receive serious violations pay on average $1,120 more annually than a driver with a clean driving record