GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive costs an estimated $146, collision costs $190, and liability costs around $474. A liability-only policy costs as low as $522 a year, with high-risk insurance costing around $2,084. Teenage drivers cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates broken down by type of insurance:

Rates are based on $500 policy deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and for all Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities.

The example below illustrates how your location can change insurance prices.

The examples above highlight why everyone should compare prices for a targeted area, instead of using average rates.

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

Additional Rate Information

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

• The best discount rate is $589
• Using higher $1,000 deductibles will save approximately $78 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $968
• Using pricier low deductibles for physical damage coverage bumps up the cost to $1,114
• Drivers who are prone to accidents and violations could pay up to $2,084 or more
• Policy cost that insures a teen driver for full coverage can cost as much as $3,952 or more

View Chart as Image

Car insurance rates for a GMC Canyon also range considerably based on the model of your Canyon, your driving record and age, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are likely paying $1,200 to $1,700 extra every year, depending on your age. GMC Canyon insurance for high-risk drivers can be as much as 43% to 138% more than a normal policy. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may pay as little as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged at least $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 $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.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $230 every year, whereas buying more liability protection will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to regularly compare rates and see which company has the best rate. Each insurance company uses a different method to calculate rates, so rate quotes will be varied.

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 Cheap GMC Canyon Insurance

Finding cheaper rates on car insurance requires being safe and accident-free, having a positive credit history, paying for small claims out-of-pocket, and not having any coverage lapses. Compare prices every time your policy renews by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

Below you'll find a quick review of the information illustrated above.

• You may be able to save approximately $110 per year simply by quoting online well ahead of the renewal date
• Youthful drivers have the highest car insurance rates, with premiums being up to $329 each month if full coverage is purchased
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• Higher risk drivers with a DUI or reckless driving violation could be charged and average of $1,120 more annually than a low-risk driver
• Policyholders who want more liability protection will pay an extra $520 per year to increase from a 30/60 limit to the 250/500 level