GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $998 a year for full coverage insurance. Comprehensive insurance costs approximately $156, collision insurance costs $210, and liability coverage costs $474. A policy with just liability insurance costs as little as $522 a year, and coverage for high-risk drivers costs $2,148 or more. 16-year-old drivers pay the highest rates at up to $4,040 a year.

Average premium for full coverage: $998

Price estimates by individual coverage:

Estimates include $500 policy deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 states and for different Canyon trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of auto insurance. Rural locations have lower incidents of physical damage claims than congested cities. The price range example below illustrates how location impacts auto insurance prices.

The ranges above illustrate why anyone shopping for car insurance should compare rates using their specific location, rather than using rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $606
• Drivers who choose higher $1,000 deductibles will pay $84 each year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $998
• Buying more expensive low deductibles for comprehensive and collision insurance will cost an additional $156 each year
• High-risk insureds with multiple tickets or accidents could pay around $2,148
• The price that insures a teenage driver with full coverage can cost $4,040 a year

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

If you have some driving violations or you caused an accident, you are probably paying anywhere from $1,200 to $1,700 extra each year, depending on your age. High-risk driver insurance can cost around 42% to 134% more than the average rate. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may only pay around $900 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records can expect to pay in the ballpark of $4,000 a year. View Rates by Age

The state you live in makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,350 on average in Florida, New York, and Michigan.

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Opting for high physical damage deductibles could save up to $240 a year, while increasing your policy's liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $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 Low Cost GMC Canyon Insurance

Getting lower rates on auto insurance not only requires being safe and accident-free, but also having above-average credit, not filing small claims, and possibly raising deductibles. Comparison shop every couple of years by obtaining price quotes from direct insurance companies, and also from your local car insurance providers.

Below you'll find a review of the material that was touched on above.

• Consumers who purchase more liability protection will pay around $520 annually to go from a low limit to the 250/500 level
• Youthful drivers are expensive to insure, as much as $337 a month if full coverage is included
• Drivers who have several accidents or serious violations could be charged and average of $1,150 more per year than a low-risk driver
• Increasing physical damage deductibles can save approximately $250 each year