GMC Canyon Insurance Rates

Estimated insurance rates for a GMC Canyon are $968 a year for full coverage insurance. Comprehensive insurance costs approximately $146 a year, collision insurance costs $190, and liability insurance costs $474. A policy with only liability insurance costs as little as $522 a year, and a high-risk policy costs $2,084 or more. Teens pay the most at up to $3,952 a year.

Average premium for full coverage: $968

Premium estimates by type of coverage:

These estimates include $500 physical damage insurance deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Rates include averaging for all 50 states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than cities with more traffic congestion. The diagram below illustrates how where you live affects auto insurance prices.

These rate differences illustrate why it is important to compare rates using their specific location, rather than relying on averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $589
• Drivers who choose higher $1,000 deductibles will pay $890 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $968
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an additional $146 a year
• High risk drivers with serious driving violations could pay around $2,084
• An auto insurance policy that insures a teen driver can cost $3,952 a year

View Chart as Image

Car insurance prices for a GMC Canyon also have a wide range based on the trim level of your Canyon, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,200 to $1,700 extra annually, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 138% more than the average policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles could pay as little as $900 per year on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will be charged in the ballpark of $3,900 a year. View Rates by Age

Where you choose to live makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $640 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,310 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $230 each year, while buying higher liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 extra every 12 months. 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 Cheap GMC Canyon Insurance

Finding better rates on GMC Canyon insurance not only requires being a low-risk driver, but also having a positive credit history, paying for small claims out-of-pocket, and attention to physical damage deductibles. Compare rates every year by requesting quotes from direct insurance companies, and also from your local car insurance providers.

The items below are a brief summary of the coverage data touched on in the above illustrations.

• It is possible to save around $110 per year just by quoting early and online
• Increasing policy deductibles can save approximately $225 each year
• Teen drivers pay the highest auto insurance prices, with premiums being up to $329 per month if full coverage is purchased
• High-risk drivers that tend to have accidents or serious violations could be charged and average of $1,120 more per year to insure their Canyon