GMC Canyon Insurance Rates

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

Average premium for full coverage: $968

Policy rates by type of insurance:

Includes $500 policy deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than larger metro areas.

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

The examples above show why anyone shopping for car insurance should compare rates quotes based on a specific location and risk profile, rather than relying on price averages.

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

Additional Rate Details

The chart below shows estimated GMC Canyon insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $589
• Raising to $1,000 deductibles will save around $78 a year
• The average rate for a good driver age 40 with $500 deductibles is $968
• Choosing more expensive low deductibles will increase the cost to $1,114
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,084 or more
• Policy cost for full coverage for a teen driver with full coverage may cost $3,952

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on your risk profile, the trim level of your Canyon, and policy deductibles and limits.

An older driver with a clean driving record and high deductibles could pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay upwards of $3,900 a year. View Rates by Age

Your home state also has a big influence on GMC Canyon insurance rates. A middle-age driver might find rates as low as $640 a year in states like Idaho, Maine, and Iowa, or as much as $1,380 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles can reduce rates by up to $230 each year, while increasing your policy's liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at a minimum $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 43% to 138% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to know exactly what you will pay is to compare rates from as many companies as possible. Every auto insurance company uses a different rate calculation, so the rates will be varied 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 Cheapest GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance consists of being a good driver, maintaining good credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Set aside time to compare rates at least every other year by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

The following list is a recap of the car insurance concepts covered above.

• High-risk drivers that have major violations or accidents will pay on average $1,120 more each year than a safer driver
• Drivers can save as much as $110 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• Drivers who require an increased level of liability coverage will pay about $520 each year to raise from a 30/60 limit to 250/500 limits