GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $1,030 a year including full coverage. Comprehensive costs on average $166, collision insurance costs $228, and liability costs $478. Liability-only coverage costs as little as $526 a year, and high-risk coverage costs around $2,222. Teens cost the most to insure at up to $4,154 a year.

Average premium for full coverage: $1,030

Policy rates by type of insurance:

Estimates include $500 deductible amounts, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for all Canyon models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion. The example below illustrates the effect of geographic area on car insurance rates.

The examples above highlight why everyone should compare rates based on a specific location and risk profile, instead of using averaged prices.

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

Additional Rate Details

The chart below breaks down average GMC Canyon insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $623
• Drivers who choose higher $1,000 deductibles will pay around $90 every year
• The average rate for a good driver age 40 with $500 deductibles is $1,030
• Selecting pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,202
• Higher-risk drivers with serious driving violations could pay upwards of $2,222
• Policy cost for full coverage for a teen driver for full coverage may cost $4,154 a year

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on your risk profile, the model of your Canyon, and policy deductibles and limits.

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,000 per year on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay upwards of $4,100 a year. View Rates by Age

Your home state makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $790 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,470 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $270 every year, whereas buying more liability protection will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $430 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at a minimum $1,200 to $1,800 additional every year, depending on your age. GMC Canyon insurance for high-risk drivers can cost as much as 43% to 129% more than the average policy. View High Risk Driver Rates

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 Low Cost GMC Canyon Insurance

Finding cheaper rates on car insurance not only requires having a good driving record, but also having a good credit history, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Take the time to compare rates every time your policy renews by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a review of the information covered in the above illustrations.

• You may be able to save as much as $120 per year just by quoting online well ahead of the renewal date
• Drivers age 20 and younger pay higher rates, with premiums being up to $346 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles can save around $250 each year
• Higher risk drivers who have several accidents or serious violations may pay on average $1,190 more each year to buy GMC Canyon insurance
• Policyholders who require increased levels of liability coverage will pay approximately $530 per year to go from a 30/60 limit to 250/500 limits