GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $968 every 12 months including full coverage. Comprehensive insurance costs approximately $146, collision costs $190, and liability costs around $474. A policy with only liability insurance costs as low as $522 a year, with a high-risk policy costing $2,084 or more. Teenage drivers pay the most at $3,952 a year or more.

Average premium for full coverage: $968

Premium estimates by type of coverage:

These estimates include $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for all Canyon models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can make a big difference on car insurance prices. Rural locations are statistically proven to have more infrequent comprehensive and collision claims than densely populated cities.

The example below illustrates the difference location can make on auto insurance prices.

These rate differences highlight why everyone should compare prices using their specific location and their own driving history, instead of making a decision based on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $589
• Using higher $1,000 deductibles will save $78 every year
• The average price for a 40-year-old good driver who chooses $500 deductibles is $968
• Using pricier low deductibles for physical damage coverage costs an extra $146 annually
• High-risk insureds who are prone to accidents and violations could pay around $2,084 or more
• An auto insurance policy to insure a 16-year-old driver for full coverage can cost $3,952 or more

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

Using high physical damage deductibles could cut prices by as much as $230 annually, whereas buying more liability protection will push prices upward. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

A more mature driver with no driving violations and higher deductibles may pay as low as $900 a year, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will be charged in the ballpark of $3,900 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying anywhere from $1,200 to $1,700 extra annually, depending on your age. GMC Canyon insurance for high-risk drivers can be from 43% to 138% more than a normal policy. View High Risk Driver Rates

Where you choose to live has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see prices 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

With such a large range in prices, the best way to figure out who has the best auto insurance prices is to regularly compare prices from multiple companies. Each insurance company uses a different method to calculate prices, so rate quotes will be substantially different.

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 Shop for Cheap GMC Canyon Insurance

Finding better rates on insurance for a GMC Canyon requires being safe and accident-free, maintaining a good credit score, refrain from filing small claims, and avoiding coverage lapses. Make time to compare rates every year by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

Below you'll find a brief summary of the coverage data touched on in this article.

• You may be able to save around $110 per year simply by quoting online well ahead of the renewal date
• Increasing policy deductibles could save as much as $225 each year
• Youthful drivers pay the highest auto insurance prices, with the cost nearing $329 per month if the policy includes full coverage
• Drivers considered higher risk that tend to have accidents or serious violations could be charged and average of $1,120 more per year than a low-risk driver