GMC Canyon Insurance Rates

The average auto insurance rates for a GMC Canyon are $968 annually including full coverage. Comprehensive costs on average $146 each year, collision costs $190, and liability insurance costs around $474. Buying just liability costs as low as $522 a year, with insurance for high-risk drivers costing around $2,084. Teenage drivers cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates by type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. Rural areas are shown to have fewer comprehensive and collision claims than densely populated cities.

The graphic below illustrates how your location can change car insurance rates.

The examples above highlight why all drivers should compare prices based on a specific location and their own personal driving habits, rather than relying on average rates.

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

More Rate Information

The chart below breaks down estimated GMC Canyon insurance rates for different risk profiles and scenarios.

• The best discount rate is $589
• Using higher $1,000 deductibles will save around $78 every year
• The estimated rate for a good driver age 40 with $500 deductibles is $968
• Using low deductibles for physical damage coverage will cost $1,114
• Drivers who are prone to accidents and violations could pay upwards of $2,084 or more
• Policy cost with full coverage for a teen driver may cost $3,952 or more

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on the model year and trim level, your driving characteristics, and policy deductibles and limits.

More mature drivers with a clean driving record and high physical damage deductibles could pay as little as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay upwards of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at a minimum $1,200 to $1,700 extra every year, depending on your age. Insurance for high-risk drivers can be anywhere from 43% to 138% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $230 each year, whereas increasing liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on GMC Canyon insurance rates. A driver around age 40 might see rates as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,380 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out exactly what you will pay is to do a rate comparison from as many companies as possible. Each insurance company uses a different method to calculate rates, so the rates will be varied between companies.

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 Buy Cheap GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance requires being a good driver, having a good credit history, paying for small claims out-of-pocket, and bundling your home and auto policies. Invest the time to shop around every couple of years by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a brief summary of the material that was illustrated above.

• Drivers who require an increased level of liability coverage will pay an extra $520 per year to increase from a 30/60 limit to higher 250/500 limits
• Drivers age 16 to 20 pay the highest rates, with premiums being up to $329 each month including comprehensive and collision insurance
• High-risk drivers that tend to have accidents or serious violations pay on average $1,120 more each year than a safer driver
• Increasing comprehensive and collision deductibles could save up to $225 each year