GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year including full coverage. Comprehensive insurance costs around $146, collision costs $190, and liability is estimated at $474. Liability-only insurance costs approximately $522 a year, with high-risk driver insurance costing $2,084 or more. Teens cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates for type of insurance:

Estimates include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. Areas with sparse population are shown to have lower incidents of comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates the effect of geographic area on auto insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes for a specific zip code, instead of making a decision based on averaged prices.

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

Rates by State, City, and Model

The chart below breaks down estimated GMC Canyon insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $589
• Choosing higher $1,000 deductibles can save about $78 every year
• The estimated price for a good driver age 40 using $500 deductibles is $968
• Selecting more expensive low deductibles for comp and collision coverage will cost an additional $146 annually
• Higher-risk drivers with serious driving violations could pay at least $2,084 or more
• Policy cost that insures a 16-year-old driver with full coverage can be $3,952 each year

View Chart as Image

Auto insurance rates for a GMC Canyon also range considerably based on the model year and trim level, your driving record and age, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you are likely paying at least $1,200 to $1,700 in extra premium every year, depending on your age. High-risk driver insurance ranges from 43% to 138% more than the average policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may pay as low as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay as much as $3,900 a year. View Rates by Age

Your home state plays a big part in determining prices for GMC Canyon insurance prices. A good driver about age 40 could pay as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,380 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $230 annually, while increasing your policy's liability limits will increase rates. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out your exact price is to compare rates from multiple companies. Each auto insurer calculates rates differently, and quoted rates 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 Low Cost GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon takes being a safe and courteous driver, maintaining a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Compare rates at every other renewal by obtaining price quotes from direct car insurance companies, and also from local insurance agencies.

Below is a review of the concepts that were covered in the above illustrations.

• Drivers considered higher risk who have several accidents or serious violations may have to pay on average $1,120 more every year for auto insurance
• Teenage drivers are expensive to insure, with premiums being up to $329 each month if the policy includes full coverage
• You may be able to save up to $110 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• You may be able to save up to $110 per year simply by shopping early and online