GMC Canyon Insurance Rates

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

Average premium for full coverage: $968

Price estimates broken down by individual coverage:

Prices include $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Canyon models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on insurance rates. More rural locations have lower incidents of accident claims than cities with more traffic congestion.

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

The ranges above show why all drivers should compare rates for a targeted area, rather than relying on averaged prices.

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

Detailed Rate Analysis

The chart below shows estimated GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $589
• Drivers who choose higher $1,000 deductibles will pay approximately $78 a year
• The estimated price for the average middle-age driver who has $500 deductibles is $968
• Selecting low deductibles for comprehensive and collision insurance will cost an additional $146 a year
• High risk drivers with serious driving violations could pay up to $2,084 or more
• The price that insures a teen driver can cost as much as $3,952 a year

View Chart as Image

Insurance prices for a GMC Canyon are also quite variable based on the trim level and model year, how you drive, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you could be paying $1,200 to $1,700 additional each year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 138% more than the average policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $900 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay at least $3,900 a year. View Rates by Age

The state you live in makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $640 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,380 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $230 each year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know which car insurance is cheapest is to do a rate comparison from as many companies as possible. Every company calculates prices differently, and prices may be quite different.

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 Right GMC Canyon Insurance

Getting lower rates on GMC Canyon insurance not only requires being a good driver, but also having a good credit score, eliminating unnecessary coverage, and maximizing policy discounts. Compare rates at every other renewal by getting quotes from direct carriers, and also from your local independent and exclusive agents.

The following list is a quick rundown of the concepts that were raised in the charts and tables above.

• High-risk drivers with reckless driving or DUI convictions may pay on average $1,120 more annually than a safer driver
• Drivers age 16 to 20 are expensive to insure, with premiums as much as $329 a month if comprehensive and collision insurance is included
• Drivers can save approximately $110 per year simply by quoting online in advance
• Increasing physical damage deductibles can save approximately $225 each year
• Drivers can save approximately $110 per year simply by quoting online in advance