GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year for full coverage. Comprehensive insurance costs approximately $146 a year, collision insurance costs $190, and liability is estimated at $474. Liability-only insurance costs approximately $522 a year, and high-risk driver insurance costs $2,084 or more. Teens cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates by type of insurance:

Estimates include $500 policy deductibles, 30/60 split liability limits, and includes both medical and UM/UIM 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 locations are shown to have a lower frequency of accident claims than cities with more traffic congestion. The diagram below illustrates how rural and urban location affects auto insurance prices.

The examples above show why it is important to get quotes using their specific location and risk profile, instead of using averaged prices.

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

Rate Comparisons

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

• The cheapest rate after discounts is $589
• Choosing higher $1,000 deductibles can save $890 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $968
• Selecting low $100 deductibles for comp and collision coverage will cost an extra $146 every year
• Unlucky drivers with serious driving violations could pay around $2,084
• Policy cost for full coverage for a teen driver can cost $3,952 each year

View Chart as Image

Auto insurance rates for a GMC Canyon also range considerably based on your risk profile, the trim level of your Canyon, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay in the ballpark of $3,900 a year. View Rates by Age

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 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 can save as much as $230 every year, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying anywhere from $1,200 to $1,700 in extra premium every year, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 138% more than the average policy. View High Risk Driver Rates

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 Low Cost GMC Canyon Insurance

Finding cheaper rates on car insurance takes being a good driver, having good credit, avoid buying unnecessary coverage, and possibly higher deductibles. Set aside time to shop around at least every other year by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following list is a review of the car insurance concepts raised in the charts and tables above.

• Higher risk drivers who have several accidents or serious violations may pay on average $1,120 more per year than a safer driver
• Drivers can save around $110 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• Policyholders who purchase an increased level of liability coverage will pay approximately $520 each year to raise limits from a 30/60 limit to 250/500 limits