GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $1,268 a year for full coverage. Comprehensive costs approximately $238 each year, collision costs $430, and liability insurance costs $442. Liability-only coverage costs as little as $496 a year, with high-risk coverage costing around $2,752. Teenage drivers pay the highest rates at $4,882 a year or more.

Average premium for full coverage: $1,268

Price estimates by individual coverage:

Price estimates include $500 deductible amounts, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Canyon models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on car insurance rates. Rural locations have a lower frequency of accident claims than densely populated cities.

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

The ranges above show why all drivers should compare rates using their specific location and risk profile, rather than relying on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $736
• Drivers who choose higher $1,000 deductibles will pay $152 a year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,268
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,562
• High risk drivers who are prone to accidents and violations could pay around $2,752 or more
• The price for full coverage for a teen driver can cost $4,882 a year

View Chart as Image

Auto insurance prices for a GMC Canyon are also quite variable based on your driving record, the trim level of your Canyon, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high deductibles could pay as little as $1,200 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay in the ballpark of $4,800 a year. View Rates by Age

The state you live in makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $840 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,810 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $450 each year, whereas increasing liability limits will push prices upward. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $398 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying anywhere from $1,500 to $2,100 in extra premium each year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to know who has the cheapest car insurance prices is to do a rate comparison from as many companies as possible. Every company uses a different method to calculate prices, and quoted prices may be quite different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2018 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

Getting lower rates on GMC Canyon insurance not only requires having a good driving record, but also having good credit, eliminating unnecessary coverage, and not having any coverage lapses. Set aside time to shop around at least once a year by requesting quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The next list is a condensed summary of the primary concepts that were raised in the charts and tables above.

• Drivers can save around $150 per year simply by quoting online in advance
• High-risk drivers with multiple at-fault accidents may pay on average $1,480 more per year to buy GMC Canyon insurance
• Increasing physical damage deductibles can save around $450 each year
• Drivers age 20 and younger have the highest car insurance prices, with premiums as much as $407 a month if they have full coverage