GMC Canyon Insurance Rates

Estimated auto insurance rates for a GMC Canyon are $998 annually for full coverage. Comprehensive costs approximately $156, collision costs $210, and liability insurance costs $474. Liability-only insurance costs as little as $522 a year, with high-risk driver insurance costing around $2,148. Teen drivers pay the most at $4,040 a year or more.

Average premium for full coverage: $998

Premium estimates by type of coverage:

Prices are based on $500 deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and for all Canyon models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on car insurance rates. Rural locations are statistically proven to have fewer accident claims than larger metro areas.

The example below illustrates the difference between rural and urban areas on auto insurance prices.

These rate differences show why everyone should compare rates using their specific location and their own personal driving habits, rather than relying on price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $606
• Drivers who choose higher $1,000 deductibles will pay $84 a year
• The estimated rate for a 40-year-old good driver who chooses $500 deductibles is $998
• Choosing pricier low deductibles for comprehensive and collision insurance will cost $1,154
• High risk drivers with multiple violations and an at-fault accident could pay around $2,148 or more
• An auto insurance policy with full coverage for a teen driver for full coverage can cost $4,040 a year

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Insurance prices for a GMC Canyon also have a wide range based on the model of your Canyon, your driver profile, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents and high physical damage deductibles could pay as little as $900 per year on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,000 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying anywhere from $1,200 to $1,700 additional annually, depending on your age. GMC Canyon insurance for high-risk drivers can cost anywhere from 42% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $240 each year, whereas buying more liability protection will push prices upward. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

Where you choose to live makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $660 a year in states like Iowa, Maine, and Idaho, or as much as $1,420 on average in New York, Louisiana, and Michigan.

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With such a large range in prices, the only way to know who has the cheapest car insurance prices is to regularly compare prices from as many companies as possible. Every company uses a different rate calculation, and prices will be substantially different between companies.

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 Buy Affordable GMC Canyon Insurance

Finding better rates on GMC Canyon insurance not only requires not taking risks behind the wheel, but also having good credit, not filing small claims, and qualifying for all possible discounts. Set aside time to compare rates at every policy renewal by getting rate quotes from direct carriers, and also from several local insurance agents.

The following is a brief review of the data covered above.

• Drivers who purchase higher liability limits will pay about $520 each year to go from 30/60 bodily injury limits to higher 250/500 limits
• Drivers can save around $110 per year simply by quoting online well ahead of the renewal date
• Increasing policy deductibles could save up to $250 each year
• Teens are the costliest to insure, as much as $337 per month if they have full coverage