GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $968 a year for full coverage insurance. Comprehensive costs an estimated $146, collision insurance costs $190, and liability insurance is estimated at $474. Buying just liability costs approximately $522 a year, and insurance for high-risk drivers costs around $2,084. Teens pay the highest rates at up to $3,952 a year.

Average premium for full coverage: $968

Price estimates broken down by individual coverage:

Price estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all 50 states and for all Canyon models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on the price of insurance. More rural locations have a lower frequency of physical damage claims than cities with more traffic congestion. The example below illustrates how location impacts insurance prices.

The ranges above illustrate why everyone should get quotes for a targeted area and risk profile, rather than relying on averaged prices.

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

Additional Rate Analysis

The chart below illustrates average GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $589
• Choosing higher $1,000 deductibles can save approximately $78 each year
• The average rate for the average middle-age driver who has $500 deductibles is $968
• Selecting pricier low deductibles for comp and collision coverage will increase the cost to $1,114
• High-risk insureds with serious driving violations could pay up to $2,084
• The price for full coverage for a teen driver for full coverage can cost as much as $3,952 each year

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

A more mature driver with no violations or accidents and high deductibles could pay as little as $900 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay at least $3,900 a year. View Rates by Age

The state you live in plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $640 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,310 on average in Florida, New York, and Michigan.

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Choosing higher comprehensive and collision insurance deductibles can save as much as $230 each year, whereas buying more liability protection will increase premiums. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying $1,200 to $1,700 additional each year, depending on your age. GMC Canyon insurance for high-risk drivers ranges anywhere from 43% to 138% more than the average 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 Cheaper GMC Canyon Insurance

Getting lower rates on GMC Canyon insurance takes being a low-risk driver, having a good credit history, not filing small claims, and possibly raising deductibles. Spend time shopping around every couple of years by requesting quotes from direct insurance companies like Progressive and GEICO, and also from several local insurance agents.

The items below are a condensed summary of the material that was touched on above.

• Drivers who want more liability coverage will pay approximately $520 annually to raise limits from a low limit to 250/500 limits
• Teen drivers are expensive to insure, as much as $329 a month including comprehensive and collision insurance
• High-risk drivers with multiple at-fault accidents pay on average $1,120 more annually to insure their Canyon
• Increasing physical damage deductibles can save around $225 each year