GMC Canyon Insurance Rates

Average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive costs approximately $146 each year, collision costs $190, and liability costs $474. A liability-only policy costs as little as $522 a year, with high-risk insurance costing around $2,084. Teenage drivers receive the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Rate estimates by individual coverage type:

Full coverage includes $500 deductible amounts, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 50 U.S. states and Canyon models.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on car insurance prices. Rural locations tend to have a lower frequency of comprehensive and collision claims than densely populated cities.

The graphic below illustrates how your location can change auto insurance prices.

These examples highlight why all drivers should compare rates using their specific location and risk profile, instead of making a decision based on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $589
• Drivers who choose higher $1,000 deductibles will pay $78 every year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $968
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,114
• Drivers who are prone to accidents and violations could pay around $2,084 or more
• The cost for full coverage for a 16-year-old driver can cost $3,952 a year

View Chart as Image

Insurance rates for a GMC Canyon can also vary considerably based on your driver profile, the model of your Canyon, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high deductibles may pay as low as $900 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay in the ballpark of $3,900 a year. View Rates by Age

Where you live makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $740 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,380 on average in Louisiana, New York, and Michigan.

View Chart as Image

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

If you like to drive fast or tend to cause accidents, you are likely paying anywhere from $1,200 to $1,700 extra per year, depending on your age. Insurance for high-risk drivers can cost from 43% to 138% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the best way to figure out who has the best auto insurance rates is to do a rate comparison from multiple companies. Every company uses a different method to calculate rates, so the rates can be significantly different 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

Saving money on insurance for a GMC Canyon not only requires having a good driving record, but also maintaining good credit, not filing small claims, and maximizing policy discounts. Invest the time to shop around every time your policy renews by getting quotes from direct car insurance companies like GEICO and Progressive, and also from insurance agencies where you live.

The next list is a summary of the information illustrated above.

• You may be able to save around $110 per year simply by quoting online in advance
• Drivers age 20 and younger are expensive to insure, as much as $329 per month for full coverage
• Increasing deductibles can save around $225 each year
• Drivers considered higher risk who have multiple accidents or major violations could be forced to pay on average $1,120 more per year to buy GMC Canyon insurance
• Insureds who purchase increased levels of liability coverage will pay an extra $520 per year to go from a minimum limit to 250/500 limits