GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $968 a year with full coverage. Comprehensive costs approximately $146 a year, collision costs $190, and liability coverage is estimated at $474. Buying just liability costs approximately $522 a year, with insurance for high-risk drivers costing around $2,084. 16-year-old drivers pay the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Price estimates by individual coverage:

Includes $500 deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all U.S. states and Canyon trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. Rural locations have a lower frequency of collision claims than congested cities.

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

The ranges above demonstrate why it is important to get quotes using their specific location and risk profile, rather than using rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $589
• Choosing higher $1,000 deductibles can save $890 annually
• The average rate for the average middle-age driver who chooses $500 deductibles is $968
• Buying low $100 deductibles for comp and collision coverage will increase the cost to $1,114
• Drivers with multiple tickets or accidents could pay around $2,084 or more
• The price for full coverage for a teenage driver can cost $3,952 each year

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles may only pay around $900 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers should be prepared to pay in the ballpark of $3,900 a year. View Rates by Age

The state you live in plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $700 a year in states like Utah, Ohio, and New Hampshire, or at least $1,310 on average in New York, Michigan, and Florida.

View Chart as Image

Opting for high physical damage deductibles can save as much as $230 a year, while buying higher liability limits will push prices upward. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out anywhere from $1,200 to $1,700 additional each year, depending on your age. A high-risk auto insurance policy ranges around 43% to 138% more than the average rate. View High Risk Driver Rates

Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to get quotes and see how they stack up. Each auto insurer utilizes a different rate formula, and prices may be quite different from one company to the next.

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

Getting lower rates on auto insurance takes not taking risks behind the wheel, having a good credit history, avoid buying unnecessary coverage, and qualifying for all possible discounts. Make time to compare rates every time your policy renews by getting quotes from direct companies like Progressive and GEICO, and also from several local insurance agents.

The following is a recap of the information touched on in this article.

• You may be able to save around $110 per year simply by quoting early and online
• Teens are the costliest to insure, costing up to $329 a month including comprehensive and collision insurance
• Increasing physical damage deductibles can save around $225 each year
• Drivers that have major violations or accidents pay on average $1,120 more per year for Canyon insurance
• Consumers who purchase higher liability limits will pay around $520 every year to raise limits from a low limit to 250/500 limits