GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year with full coverage. Comprehensive costs approximately $146 a year, collision costs $190, and liability costs around $474. A liability-only policy costs as low as $522 a year, with high-risk insurance costing around $2,084. Teens cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates by type of insurance:

Full coverage includes $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than cities with more traffic congestion.

The diagram below illustrates the effect of geographic area on auto insurance prices.

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

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

Additional Rate Details

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

• The cheapest rate after discounts is $589
• Using higher $1,000 deductibles will save $890 annually
• The average rate for a good driver age 40 who chooses $500 deductibles is $968
• Selecting low $100 deductibles for physical damage coverage will increase the cost to $1,114
• High-risk insureds with serious driving violations could pay around $2,084 or more
• Policy cost for full coverage for a 16-year-old driver can cost $3,952 or more

View Chart as Image

Car insurance rates for a GMC Canyon also range considerably based on your risk profile, the trim level and model year, and physical damage deductibles and liability limits.

Older drivers with no driving violations and high deductibles may pay as low as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged in the ballpark of $3,900 a year. View Rates by Age

Your home state has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see rates as low as $700 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,310 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $230 annually, while buying higher liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out anywhere from $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy can be from 43% to 138% more than the average policy. View High Risk Driver Rates

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. Each insurance company calculates rates differently, so rate quotes will be varied 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 More Affordable GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon requires being a safe and courteous driver, having above-average credit, not filing small claims, and avoiding coverage lapses. Take the time to compare rates every other policy renewal by requesting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below is a summary of the ideas that were covered in the above illustrations.

• Teenage drivers pay the highest auto insurance rates, as much as $329 each month if full coverage is included
• Drivers considered higher risk who have multiple accidents or major violations pay on average $1,120 more per year for auto insurance
• Increasing comprehensive and collision deductibles can save around $225 each year
• You may be able to save around $110 per year simply by quoting early and online