GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $998 a year with full coverage. Comprehensive insurance costs approximately $156 a year, collision costs $210, and liability is $474. Liability-only coverage costs around $522 a year, with high-risk coverage costing $2,148 or more. Teens cost the most to insure at $4,040 a year or more.

Average premium for full coverage: $998

Policy rates by type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. Rural locations are shown to have lower incidents of collision claims than cities with more traffic congestion.

The diagram below illustrates how where you live affects auto insurance prices.

The examples above demonstrate why it is important to compare rates quotes using their specific location, instead of making a decision based on averaged prices.

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

Rates by State, City, and Model

The chart below details estimated GMC Canyon insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $606
• Raising to $1,000 deductibles will save $914 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $998
• Selecting low $100 deductibles will cost an additional $156 annually
• Drivers with serious driving violations could pay around $2,148 or more
• Policy cost that insures a 16-year-old driver can cost $4,040

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on the trim level of your Canyon, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,200 to $1,700 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 134% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,000 a year. View Rates by Age

Your home state also has a big influence on GMC Canyon insurance prices. A middle-age driver might find rates as low as $720 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,350 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $240 annually, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to get quotes from multiple companies. Every auto insurance company calculates rates differently, and rates will be varied.

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 Best GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon consists of having a decent driving record, having a good credit score, not filing small claims, and qualifying for all possible discounts. Compare rates at least once a year by getting quotes from direct companies, and also from local insurance agencies.

The following items are a brief recap of the primary concepts that were touched on in the above illustrations.

• You may be able to save around $110 per year simply by quoting early and online
• Drivers considered higher risk who tend to receive serious violations may have to pay on average $1,150 more per year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• 16 to 18-year-old drivers are the costliest to insure, as much as $337 each month if comprehensive and collision insurance is included