GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year for full coverage. Comprehensive insurance costs approximately $146, collision insurance costs $190, and liability costs around $474. Buying just liability costs as low as $522 a year, and insurance for high-risk drivers costs $2,084 or more. Teen drivers cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance rates. Rural locations are shown to have lower incidents of accident claims than larger metro areas. The price range example below illustrates how your location can change auto insurance prices.

The examples above show why anyone shopping for car insurance should compare prices using their specific location, instead of using price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $589
• Using higher $1,000 deductibles will save $78 a year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $968
• Choosing more expensive low deductibles for physical damage coverage will cost an additional $146 every year
• Drivers with multiple violations and an at-fault accident could pay around $2,084
• Policy cost that insures a teen driver with full coverage can cost $3,952 or more

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on the model year and trim level, how you drive, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance can be as much as 43% to 138% more than average. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $900 a year, or $75 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $3,900 a year. View Rates by Age

Your home state has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see rates as low as $640 a year in states like Iowa, Maine, and Idaho, or as much as $1,380 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $230 every year, while increasing your policy's liability limits will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

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 Affordable GMC Canyon Insurance

Finding cheaper rates on car insurance requires being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and possibly raising deductibles. Shop around at least every other year by obtaining price quotes from direct carriers, and also from insurance agencies where you live.

The items below are a brief review of the car insurance concepts illustrated above.

• Higher risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,120 more per year to insure their Canyon
• Drivers can save around $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• Policyholders who purchase more liability coverage will pay about $520 each year to increase from a 30/60 limit to the 250/500 level