GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year with full coverage. Comprehensive costs an estimated $146, collision costs $190, and liability insurance costs $474. Buying just liability costs as little as $522 a year, with insurance for high-risk drivers costing around $2,084. Teen drivers 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:

Estimates include $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and for all Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance rates. More rural locations are shown to have a lower frequency of collision claims than larger metro areas.

The example below illustrates how geographic area affects insurance prices.

The examples above demonstrate why everyone should compare rates for a targeted area and risk profile, rather than relying on price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $589
• Drivers who choose higher $1,000 deductibles will pay approximately $78 annually
• The average rate for a good driver age 40 who has $500 deductibles is $968
• Choosing pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,114
• High risk drivers with multiple violations and an at-fault accident could pay up to $2,084 or more
• Policy cost for full coverage for a teen driver for full coverage can cost as much as $3,952 a year

View Chart as Image

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

A more mature driver with a clean driving record and high deductibles could pay as little as $900 per year on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay at least $3,900 a year. View Rates by Age

Your home state makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay 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 could save up to $230 each year, whereas buying more liability protection will increase premiums. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out $1,200 to $1,700 extra every year, depending on your age. GMC Canyon insurance for high-risk drivers can cost anywhere from 43% to 138% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to find out which auto insurance is cheapest is to regularly compare rates from as many companies as possible. Every company uses a different rate calculation, so the rates will be varied 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 Low Cost GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance not only requires being a low-risk driver, but also maintaining good credit, not filing small claims, and taking advantage of discounts. Invest the time to compare rates at every other renewal by obtaining price quotes from direct companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The items below are a review of the concepts that were presented in the illustrations above.

• High-risk drivers who have several accidents or serious violations may pay on average $1,120 more annually to insure their Canyon
• Teen drivers are charged the highest rates, as much as $329 each month for full coverage
• You may be able to save approximately $110 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $225 each year
• You may be able to save approximately $110 per year simply by quoting online well ahead of the renewal date