GMC Canyon Insurance Rates

Average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive insurance costs an estimated $146, collision costs $190, and liability coverage costs $474. Liability-only coverage costs as little as $522 a year, with high-risk coverage costing $2,084 or more. Teenage drivers receive the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Rate estimates broken down by individual coverage type:

Full coverage includes $500 policy deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and for different Canyon trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of auto insurance. More rural locations tend to have lower incidents of comprehensive and collision claims than densely populated cities.

The price range example below illustrates the difference between rural and urban areas on insurance prices.

These examples highlight why anyone shopping for car insurance should compare rates for a targeted area, rather than using average rates.

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

Detailed Rate Analysis

The chart below breaks down estimated GMC Canyon insurance rates for other coverage scenarios.

• The best discount rate is $589
• Drivers who choose higher $1,000 deductibles will pay approximately $78 every year
• The estimated price for a 40-year-old driver who has $500 deductibles is $968
• Using more expensive low deductibles for comprehensive and collision insurance will cost an additional $146 each year
• High-risk insureds who are prone to accidents and violations could pay up to $2,084 or more
• The cost that insures a teenage driver with full coverage can cost as much as $3,952 a year

View Chart as Image

Car insurance rates for a GMC Canyon can also vary considerably based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are likely paying $1,200 to $1,700 extra per year, depending on your age. High-risk driver insurance can cost around 43% to 138% more than a normal policy. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles may only pay around $900 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will be charged at least $3,900 a year. View Rates by Age

Where you live makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $740 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,380 on average in Louisiana, New York, and Michigan.

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Using high physical damage deductibles could save up to $230 a year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to figure out which company is cheapest is to compare rates and see how they stack up. Every company uses a different method to calculate rates, so rate quotes can be significantly 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 Find More Affordable GMC Canyon Insurance

Saving money on auto insurance not only requires avoiding accidents and claims, but also having a positive credit history, not filing small claims, and not having any coverage lapses. Compare prices at least every other year by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The points below are a summary of the car insurance concepts covered above.

• Drivers who have multiple accidents or major violations could be charged and average of $1,120 more annually to insure a GMC Canyon
• You may be able to save approximately $110 per year simply by shopping early and online
• Increasing deductibles can save approximately $225 each year
• Consumers who want increased liability limits will pay an extra $520 per year to go from a minimum limit to the 250/500 level