GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $968 every 12 months with full coverage. Comprehensive insurance costs an estimated $146 a year, collision costs $190, and liability coverage costs around $474. Liability-only insurance costs as low as $522 a year, with high-risk driver insurance costing $2,084 or more. Teens pay the most at $3,952 a year or more.

Average premium for full coverage: $968

Premium estimates broken down by type of coverage:

Full coverage includes $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all U.S. states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. More rural locations are statistically proven to have more infrequent collision claims than cities with more traffic congestion.

The diagram below illustrates how rural and urban location affects insurance prices.

These rate differences demonstrate why it is important to compare prices for a targeted area and their own driving history, rather than using averaged prices.

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

Additional Charts and Tables

The chart below details estimated GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $589
• Using higher $1,000 deductibles will save approximately $890 annually
• The average price for a 40-year-old good driver who has $500 deductibles is $968
• Selecting low $100 deductibles for physical damage coverage costs an extra $146 each year
• Higher-risk drivers with serious driving violations could pay up to $2,084 or more
• An auto insurance policy to insure a teenage driver can cost as much as $3,952 or more

View Chart as Image

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

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $230 a year, while buying higher liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may only pay around $900 a year, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared 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 may be forking out $1,200 to $1,700 additional annually, depending on your age. A high-risk auto insurance policy can be around 43% to 138% more than the average policy. View High Risk Driver Rates

Where you choose to live has a huge impact on GMC Canyon insurance rates. A driver around age 40 might see prices 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

With such a large range in prices, the best way to find out which insurance company is cheapest is to get quotes and see how they stack up. Each insurance company calculates prices differently, and prices will be substantially different.

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 More Affordable GMC Canyon Insurance

Finding better rates on auto insurance requires being a low-risk driver, having above-average credit, being claim-free, and maximizing policy discounts. Set aside time to shop around every time your policy renews by requesting rates from direct companies, and also from your local independent and exclusive agents.

The items below are a summary of the information raised in the charts and tables above.

• You may be able to save approximately $110 per year simply by quoting early and online
• Teen drivers are expensive to insure, possibly costing $329 per month if full coverage is included
• Increasing policy deductibles could save as much as $225 each year
• Drivers who have multiple accidents or major violations may pay on average $1,120 more annually to insure their Canyon
• Consumers who want more liability coverage will pay approximately $520 every year to increase from 30/60 bodily injury limits to a 250/500 level