GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year for full coverage insurance. Comprehensive insurance costs an estimated $146, collision insurance costs $190, and liability is $474. Liability-only coverage costs around $522 a year, and high-risk coverage costs $2,084 or more. Teens cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates broken down by type of insurance:

Price estimates include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and for all Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of insurance. More rural locations are shown to have a lower frequency of physical damage claims than cities with more traffic congestion. The example below illustrates how location helps determine insurance prices.

The examples above illustrate why everyone should compare rates quotes for a targeted area and risk profile, instead of using averaged prices.

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

Additional Charts and Tables

The chart below illustrates average GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $589
• Raising to $1,000 deductibles will save approximately $78 each year
• The average rate for a good driver age 40 who has $500 deductibles is $968
• Selecting pricier low deductibles will cost an extra $146 every year
• At-risk drivers with serious driving violations could pay up to $2,084
• Policy cost for full coverage for a teen driver for full coverage can cost as much as $3,952

View Chart as Image

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

A more mature driver with no violations or accidents and high deductibles may pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay at least $3,900 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 $640 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,310 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $230 every year, whereas buying more liability protection will increase premiums. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying $1,200 to $1,700 additional every year, depending on your age. GMC Canyon insurance for high-risk drivers is expensive and can cost as much as 43% to 138% more than the average policy. View High Risk Driver Rates

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 Cheaper GMC Canyon Insurance

Finding cheaper rates on car insurance consists of avoiding accidents and violations, having a good credit history, being claim-free, and possibly raising deductibles. Invest time comparing rates at every other renewal by requesting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a condensed summary of the concepts that were covered in the charts and tables above.

• Higher risk drivers with multiple at-fault accidents pay on average $1,120 more annually for car insurance
• Teenagers are expensive to insure, possibly costing $329 each month including comprehensive and collision insurance
• It is possible to save approximately $110 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $225 each year
• It is possible to save approximately $110 per year just by quoting online well ahead of the renewal date