GMC Canyon Insurance Rates

The average insurance prices for a GMC Canyon are $968 every 12 months with full coverage. Comprehensive costs around $146, collision insurance costs $190, and liability costs $474. Buying just liability costs as little as $522 a year, and insurance for high-risk drivers costs around $2,084. Teenage drivers cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates for type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all U.S. states and for all Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than densely populated cities. The example below illustrates the effect of geographic area on auto insurance rates.

The examples above demonstrate why everyone should compare rates for a specific zip code 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.

Additional Rate Information

The chart below details average GMC Canyon insurance rates for additional coverage choices and driver risks.

• The best discount rate is $589
• Drivers who choose higher $1,000 deductibles will pay about $78 annually
• The average price for a good driver age 40 using $500 deductibles is $968
• Using pricier low deductibles for comprehensive and collision insurance increases the price to $1,114
• Drivers who are prone to accidents and violations could pay at least $2,084
• Policy cost to insure a 16-year-old driver for full coverage can be $3,952 a year

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Insurance rates for a GMC Canyon also range considerably based on liability limits and deductibles, your driving record, and the trim level and model year.

Using high physical damage deductibles could save up to $230 annually, whereas buying more liability protection will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles may pay as low as $900 per year on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay as much as $3,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out at least $1,200 to $1,700 extra every year, depending on your age. GMC Canyon insurance for high-risk drivers can cost from 43% to 138% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $700 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,310 on average in Florida, Michigan, and New York.

View Chart as Image

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 the Right GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon not only requires having a decent driving record, but also having good credit, not filing small claims, and dropping full coverage on older vehicles. Take the time to compare rates at every other renewal by getting quotes from direct companies, and also from several local insurance agents.

The following items are a quick rundown of the concepts that were covered in the above illustrations.

• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,120 more every year than a driver with a clean driving record
• 16 to 18-year-old drivers pay higher rates, as much as $329 each month if they have full coverage
• You may be able to save up to $110 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $225 each year
• You may be able to save up to $110 per year just by quoting online well ahead of the renewal date