GMC Canyon Insurance Rates

Average auto insurance rates for a GMC Canyon are $998 annually for full coverage. Comprehensive insurance costs approximately $156 a year, collision insurance costs $210, and liability is $474. A policy with just liability insurance costs around $522 a year, and coverage for high-risk drivers costs $2,148 or more. Teenage drivers receive the highest rates at up to $4,040 a year.

Average premium for full coverage: $998

Rate estimates by individual coverage type:

Price estimates include $500 policy deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and Canyon trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations tend to have fewer accident claims than densely populated cities. The diagram below illustrates how location helps determine auto insurance prices.

These examples show why it is important to compare rates quotes using their specific location and their own personal driving habits, instead of using average rates.

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

More Rate Information

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

• The best discount rate is $606
• Raising to $1,000 deductibles will save $914 a year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $998
• Using low $100 deductibles costs an additional $156 every year
• At-risk drivers who are prone to accidents and violations could pay around $2,148
• The cost with full coverage for a teen driver can cost $4,040

View Chart as Image

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

Older drivers with no violations or accidents and high physical damage deductibles may pay as little as $900 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,000 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying anywhere from $1,200 to $1,700 additional per year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 42% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $240 every year, while buying higher liability limits will push rates upward. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on GMC Canyon insurance prices. A middle-age driver might find rates as low as $660 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,420 on average in New York, Louisiana, and Michigan.

View Chart as Image

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 Cheaper GMC Canyon Insurance

Saving money on car insurance consists of avoiding accidents and claims, having good credit, eliminating unneeded coverage, and consideration of higher deductibles. Invest time comparing rates every couple of years by getting quotes from direct carriers like Progressive and GEICO, and also from several local insurance agents.

The points below are a condensed summary of the material that was covered in the charts and tables above.

• Policyholders who purchase increased liability limits will pay an extra $520 each year to raise from a minimum limit to higher 250/500 limits
• Drivers under the age of 20 are the costliest to insure, costing as high as $337 per month if they have full coverage
• Higher risk drivers with multiple at-fault accidents pay on average $1,150 more per year to insure a GMC Canyon
• Increasing deductibles could save up to $250 each year