GMC Canyon Insurance Rates

Average insurance rates for a GMC Canyon are $968 a year for full coverage. Comprehensive costs an estimated $146 a 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. Teens 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:

Prices include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes uninsured/under-insured motorist 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 can make a big difference on insurance rates. More rural locations tend to have a lower frequency of accident claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects insurance prices.

These examples show why it is important to compare rates quotes for a targeted area and risk profile, instead of making a decision based on averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $589
• Raising to $1,000 deductibles will save approximately $890 a year
• The average rate for a 40-year-old driver who has $500 deductibles is $968
• Selecting low $100 deductibles will increase the cost to $1,114
• Drivers with serious driving violations could pay up to $2,084 or more
• The cost for full coverage for a 16-year-old driver can cost as much as $3,952

View Chart as Image

Insurance rates for a GMC Canyon can also vary considerably based on your driver profile, the trim level of your Canyon, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles may pay as low as $900 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $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 Iowa, Maine, and Idaho, or have to pay at least $1,380 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $230 annually, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying $1,200 to $1,700 additional per year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 43% to 138% more than the average policy. View High Risk Driver Rates

With so much variability in rates, the only way to know which company is cheapest is to get quotes from multiple companies. Every auto insurance company calculates rates differently, and rates can be significantly 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 the Right GMC Canyon Insurance

Saving money on insurance for a GMC Canyon consists of being a low-risk driver, having a good credit history, eliminating unneeded coverage, and maximizing policy discounts. Invest the time to compare rates every time your policy renews by requesting rates from direct carriers like GEICO and Progressive, and also from local independent and exclusive agents.

The items below are a quick rundown of the information presented in the illustrations above.

• Drivers can save approximately $110 per year simply by quoting early and online
• Teen drivers are expensive to insure, costing as high as $329 per month including comprehensive and collision insurance
• Increasing deductibles can save around $225 each year
• Drivers considered higher risk with reckless driving or DUI convictions pay an average of $1,120 more annually to insure their Canyon
• Insureds who want more liability coverage will pay approximately $520 each year to raise from a minimum limit to 250/500 limits