GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $998 a year including full coverage. Comprehensive costs on average $156, collision costs $210, and liability costs around $474. A liability-only policy costs as low as $522 a year, with high-risk insurance costing around $2,148. Teenage drivers cost the most to insure at $4,040 a year or more.

Average premium for full coverage: $998

Policy rates by type of insurance:

Prices are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The price range example below illustrates the difference between rural and urban areas on car insurance rates.

The examples above highlight why anyone shopping for car insurance should compare prices based on a specific location and risk profile, instead of making a decision based on average rates.

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

More Rate Details

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

• The best discount rate is $606
• Using higher $1,000 deductibles will save around $84 every year
• The average rate for a good driver age 40 with $500 deductibles is $998
• Using more expensive low deductibles for physical damage coverage will increase the cost to $1,154
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,148 or more
• Policy cost for full coverage for a 16-year-old driver with full coverage may cost $4,040 or more

View Chart as Image

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

An older driver with no driving violations and high deductibles may pay as low as $900 a year, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged upwards of $4,000 a year. View Rates by Age

Your home state has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see rates as low as $770 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,420 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $240 annually, while increasing your policy's liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. 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 $1,700 extra every year, depending on your age. High-risk driver insurance can be from 42% to 134% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out exactly what you will pay is to compare rates from multiple companies. Each insurance company uses a different method to calculate rates, so rate quotes will be varied 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 Affordable GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon requires being safe and accident-free, having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Set aside time to compare rates every other policy renewal by obtaining price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

Below you'll find a brief review of the ideas that were covered above.

• Youthful drivers are expensive to insure, with premiums being up to $337 each month if full coverage is included
• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,150 more each year than a low-risk driver
• Increasing comprehensive and collision deductibles can save around $250 each year
• You may be able to save as much as $110 per year simply by shopping early and online