GMC Canyon Insurance Rates

The average insurance prices for a GMC Canyon are $968 every 12 months for full coverage. Comprehensive insurance costs on average $146 a year, collision costs $190, and liability is estimated at $474. Buying just liability costs approximately $522 a year, with insurance for high-risk drivers costing $2,084 or more. Teen drivers cost the most to insure at $3,952 a year or more.

Average premium for full coverage: $968

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance rates. Rural areas are shown to have more infrequent accident claims than larger metro areas.

The diagram below illustrates how rural and urban location affects car insurance rates.

The examples above show why it is important to get quotes based on a specific location and their own driving history, instead of using price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $589
• Choosing higher $1,000 deductibles can save around $890 a year
• The average price for a good driver age 40 with $500 deductibles is $968
• Choosing low $100 deductibles for comp and collision coverage costs an extra $146 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,084 or more
• Policy cost to insure a teen driver may cost $3,952 each year

View Chart as Image

Insurance rates for a GMC Canyon also range considerably based on liability limits and deductibles, your driver profile, and the trim level of your Canyon.

Choosing high deductibles can save as much as $230 every year, while buying higher liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay upwards of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying at a minimum $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 138% more than average. View High Risk Driver Rates

Your home state plays a big part in determining prices for GMC Canyon insurance prices. A good driver about age 40 could pay as low as $640 a year in states like Idaho, Maine, and Iowa, or as much as $1,380 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know exactly what you will pay is to get quotes and see which company has the best rate. Each auto insurer uses a different rate calculation, so the rates will be varied.

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 Shop for Cheaper GMC Canyon Insurance

Finding cheaper rates on car insurance takes avoiding accidents and claims, having good credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Set aside time to shop around at every other renewal by getting price quotes from direct carriers, and also from local independent and exclusive agents.

The points below are a condensed summary of the concepts that were raised in the charts and tables above.

• Higher risk drivers with multiple at-fault accidents pay an average of $1,120 more each year to insure a GMC Canyon
• Drivers under the age of 20 pay the highest rates, costing up to $329 each month if they have full coverage
• Drivers can save as much as $110 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $225 each year
• Drivers can save as much as $110 per year simply by quoting early and online