GMC Canyon Insurance Rates

U.S. average insurance prices for a GMC Canyon are $998 every 12 months for full coverage insurance. Comprehensive insurance costs on average $156 a year, collision costs $210, and liability costs $474. Buying just liability costs as little as $522 a year, with insurance for high-risk drivers costing $2,148 or more. Teen drivers pay the highest rates at $4,040 a year or more.

Average premium for full coverage: $998

Price estimates by individual coverage:

Prices are based on $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and Canyon trim levels.

Price Range from Low to High

Geographic Price Range

Your location can make a big difference on insurance rates. Rural areas have more infrequent physical damage claims than larger metro areas.

The diagram below illustrates the effect of geographic area on car insurance rates.

The ranges above illustrate why it is important to compare rates based on a specific location and their own driving history, instead of making a decision based on price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $606
• Drivers who choose higher $1,000 deductibles will pay around $914 each year
• The average price for the average middle-age driver with $500 deductibles is $998
• Choosing low $100 deductibles for comprehensive and collision insurance costs an extra $156 annually
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,148 or more
• The price to insure a 16-year-old driver may cost $4,040 a year

View Chart as Image

Insurance prices for a GMC Canyon are also quite variable based on deductibles and policy limits, your risk profile, and the trim level of your Canyon.

Choosing high deductibles could save up to $240 annually, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as low as $900 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers should be prepared to pay upwards of $4,000 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are probably paying at a minimum $1,200 to $1,700 additional each year, depending on your age. A high-risk auto insurance policy can cost from 42% to 134% more than average. View High Risk Driver Rates

The state you live in makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $650 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,350 on average in Michigan, New York, and Florida.

View Chart as Image

Since prices can be so different, the only way to figure out exactly what you will pay is to get quotes from multiple companies. Every company uses a different rate calculation, and prices may be quite 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 Affordable GMC Canyon Insurance

Getting lower rates on insurance for a GMC Canyon not only requires being a safe and courteous driver, but also having above-average credit, not filing small claims, and insuring your home and auto with the same company. Take the time to compare rates at every other renewal by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a brief review of the concepts that were covered in the above illustrations.

• Drivers considered higher risk with DUI or reckless driving convictions pay on average $1,150 more each year for auto insurance
• Teenage drivers pay higher prices, as much as $337 a month if full coverage is included
• It is possible to save as much as $110 per year simply by quoting early and online
• Increasing physical damage deductibles could save as much as $250 each year
• It is possible to save as much as $110 per year simply by quoting early and online