GMC Canyon Insurance Rates

U.S. average auto insurance rates for a GMC Canyon are $998 annually for full coverage. Comprehensive costs approximately $156 a year, collision costs $210, and liability is estimated at $474. Buying just liability costs approximately $522 a year, with insurance for high-risk drivers costing around $2,148. Teenage drivers pay the highest rates at $4,040 a year or more.

Average premium for full coverage: $998

Price estimates by individual coverage:

Prices are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Estimates are averaged for all states and Canyon trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on car insurance rates. Rural locations have fewer accident claims than densely populated cities.

The diagram below illustrates how rural and urban location affects auto insurance prices.

The ranges above show why it is important to get quotes using their specific location and their own personal driving habits, instead of using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $606
• Choosing higher $1,000 deductibles can save $914 a year
• The estimated rate for the average middle-age driver who chooses $500 deductibles is $998
• Using low $100 deductibles for comp and collision coverage will cost $1,154
• Unlucky drivers who are prone to accidents and violations could pay around $2,148 or more
• The price with full coverage for a teen driver can cost $4,040 each year

View Chart as Image

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

Older drivers with no violations or accidents and high physical damage deductibles may pay as little as $900 annually on average for full coverage. Prices are much higher for teenage drivers, 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 some driving violations or you caused a few accidents, you could be paying anywhere from $1,200 to $1,700 additional each year, depending on your age. A high-risk auto insurance policy ranges as much as 42% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $240 every year, while buying higher liability limits will push prices upward. Going from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

The state you live in plays a big part in determining prices for GMC Canyon insurance prices. A good driver about age 40 could pay as low as $660 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,420 on average in New York, Louisiana, and Michigan.

View Chart as Image

Since prices can be so different, the only way to know who has the cheapest car insurance prices is to get quotes and see which company has the best price. Each auto insurer uses a different method to calculate prices, and prices may be quite 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

Getting lower rates on car insurance takes having a decent driving record, having good credit, eliminating unnecessary coverage, and qualifying for all possible discounts. Set aside time to shop around at least once a year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a brief review of the primary concepts that were raised in the charts and tables above.

• Drivers can save around $110 per year simply by quoting early and online
• Higher risk drivers with DUI or reckless driving convictions pay on average $1,150 more per year than a driver with a clean driving record
• Increasing physical damage deductibles could save up to $250 each year
• 16 to 18-year-old drivers are the costliest to insure, with premiums as much as $337 a month if they have full coverage