GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $968 a year with full coverage. Comprehensive costs approximately $146, collision costs $190, and liability coverage is estimated at $474. Liability-only insurance costs approximately $522 a year, with high-risk driver insurance costing around $2,084. Teenage drivers pay the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Price estimates by individual coverage:

Rate estimates include $500 physical damage deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all U.S. states and for all Canyon models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. Rural locations have a lower frequency of collision claims than densely populated cities.

The example below illustrates how geographic area affects auto insurance prices.

The ranges above demonstrate why everyone should get quotes using their specific location and risk profile, rather than using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $589
• Choosing higher $1,000 deductibles can save $78 annually
• The average rate for the average middle-age driver who chooses $500 deductibles is $968
• Using pricier low deductibles for comp and collision coverage will increase the cost to $1,114
• Drivers who are prone to accidents and violations could pay around $2,084 or more
• The price for full coverage for a teenage driver for full coverage can cost $3,952 each year

View Chart as Image

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

A more mature driver with no driving violations and high deductibles may only pay around $900 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged in the ballpark of $3,900 a year. View Rates by Age

The state you live in plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $700 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,310 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can save as much as $230 a year, whereas buying more liability protection will push prices upward. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out anywhere from $1,200 to $1,700 extra each year, depending on your age. GMC Canyon insurance for high-risk drivers ranges around 43% to 138% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to regularly compare prices and see how they stack up. Each auto insurer uses a different method to calculate prices, so rate quotes may be quite different from one company to the next.

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 the Best GMC Canyon Insurance

Getting lower rates on auto insurance takes being a safe and courteous driver, having above-average credit, avoid buying unnecessary coverage, and avoiding coverage lapses. Invest the time to compare rates every couple of years by getting rate quotes from direct companies like Progressive and GEICO, and also from several local insurance agents.

Below is a brief recap of the material that was presented in the illustrations above.

• Consumers who purchase higher levels of liability will pay an extra $520 every year to raise limits from a low limit to 250/500 limits
• Teenage drivers pay the highest auto insurance prices, costing up to $329 a month if full coverage is included
• Drivers who tend to receive serious violations pay on average $1,120 more per year for auto insurance
• Increasing physical damage deductibles can save around $225 each year