GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $968 every 12 months for full coverage insurance. Comprehensive costs an estimated $146 a year, collision insurance costs $190, and liability is estimated at $474. Liability-only coverage costs approximately $522 a year, and high-risk coverage costs around $2,084. Teen drivers pay the most at up to $3,952 a year.

Average premium for full coverage: $968

Premium estimates broken down by type of coverage:

These estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all 50 states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on the price of insurance. More rural locations are statistically proven to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates the effect of geographic area on insurance prices.

These rate differences illustrate why it is important to get quotes for a targeted area and their own driving history, instead of using price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $589
• Choosing higher $1,000 deductibles can save approximately $890 each year
• The average price for a 40-year-old good driver who has $500 deductibles is $968
• Choosing low $100 deductibles for comp and collision coverage increases the price to $1,114
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,084
• An auto insurance policy to insure a teen driver can cost as much as $3,952 each year

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Insurance prices for a GMC Canyon also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the model year and trim level.

Choosing high deductibles can save as much as $230 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers can expect to pay at least $3,900 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying $1,200 to $1,700 extra annually, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 138% more than average. View High Risk Driver Rates

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

View Chart as Image

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 Cheap GMC Canyon Insurance

Finding better rates on car insurance takes being safe and accident-free, having good credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Take the time to compare rates every other policy renewal by quoting rates from direct insurance companies, and also from insurance agencies where you live.

Below you'll find a brief summary of the ideas that were covered in the above illustrations.

• Youthful drivers are charged the highest prices, with premiums being up to $329 per month if they have full coverage
• Higher risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,120 more annually than a low-risk driver
• Increasing policy deductibles could save as much as $225 each year
• It is possible to save approximately $110 per year just by quoting early and online