GMC Canyon Insurance Rates

The average auto insurance rates for a GMC Canyon are $1,030 annually for full coverage insurance. Comprehensive insurance costs on average $166, collision costs $228, and liability insurance costs $478. Buying just liability costs as little as $526 a year, with insurance for high-risk drivers costing $2,222 or more. Teen drivers cost the most to insure at $4,154 a year or more.

Average premium for full coverage: $1,030

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. Rural areas are shown to have fewer physical damage claims than larger metro areas.

The price range example below illustrates the difference location can make on car insurance rates.

The examples above illustrate why anyone shopping for car insurance should compare rates based on a specific location and their own personal driving habits, rather than relying on price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $623
• Drivers who choose higher $1,000 deductibles will pay around $90 each year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,030
• Choosing more expensive low deductibles for comprehensive and collision insurance costs an additional $172 a year
• High risk drivers with multiple violations and an at-fault accident could pay upwards of $2,222 or more
• Policy cost with full coverage for a teen driver with full coverage may cost $4,154 a year

View Chart as Image

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

An older driver with a clean driving record and high physical damage deductibles could pay as little as $1,000 per year on average, or $83 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay upwards of $4,100 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying at a minimum $1,200 to $1,800 extra every year, depending on your age. High-risk driver insurance can cost anywhere from 43% to 129% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $270 each year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $430 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $680 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,390 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out exactly what you will pay is to compare rates from as many companies as possible. Every company uses a different rate calculation, so the rates will be varied between companies.

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 Buy Affordable GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance not only requires being a safe and courteous driver, but also having a good credit history, being claim-free, and bundling your home and auto policies. Make time to compare rates every year by quoting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below is a brief review of the coverage data touched on in this article.

• It is possible to save as much as $120 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $250 each year
• Teenage drivers pay the highest rates, possibly costing $346 each month including comprehensive and collision insurance
• High-risk drivers with DUI or reckless driving convictions may pay on average $1,190 more each year for auto insurance