GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year for full coverage. Comprehensive insurance costs approximately $146 each year, collision costs $190, and liability is $474. A liability-only policy costs around $522 a year, with high-risk insurance costing $2,084 or more. Teenage 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 physical damage insurance deductibles, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations are shown to have lower incidents of accident claims than densely populated cities.

The graphic below illustrates how geographic area affects auto insurance prices.

The examples above show why all drivers should compare rates quotes using their specific location, instead of using average rates.

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

Additional Charts and Tables

The chart below shows estimated GMC Canyon insurance rates for additional coverage and risk scenarios.

• The best discount rate is $589
• Raising to $1,000 deductibles will save $78 a year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $968
• Using low deductibles will cost an additional $146 every year
• At-risk drivers who are prone to accidents and violations could pay around $2,084 or more
• Policy cost that insures a teen driver can cost $3,952

View Chart as Image

Car insurance rates for a GMC Canyon also range considerably based on the trim level and model year, how you drive, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $1,200 to $1,700 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 138% more than a normal policy. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged in the ballpark of $3,900 a year. View Rates by Age

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

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $230 every year, whereas increasing liability limits will push rates upward. Going 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 only way to know who has the cheapest car insurance rates is to do a rate comparison and see which company has the best rate. Every auto 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 Cheapest GMC Canyon Insurance

Finding cheaper rates on car insurance consists of being a low-risk driver, having a positive credit history, avoid buying unnecessary coverage, and avoiding coverage lapses. Compare prices once a year by getting rate quotes from direct carriers, and also from insurance agencies where you live.

The items below are a recap of the data that was presented in the illustrations above.

• Drivers can save around $110 per year simply by quoting online in advance
• Policyholders who purchase more liability coverage will pay an extra $520 each year to raise from a 30/60 limit to the 250/500 level
• Teen drivers pay the highest auto insurance rates, costing up to $329 each month if full coverage is purchased
• Higher risk drivers that have major violations or accidents could be forced to pay on average $1,120 more per year to insure their Canyon