GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $998 a year for full coverage insurance. Comprehensive costs an estimated $156, collision insurance costs $210, and liability costs $474. Liability-only insurance costs as little as $522 a year, and high-risk driver insurance costs around $2,148. Teens cost the most to insure at up to $4,040 a year.

Average premium for full coverage: $998

Policy rates broken down by type of insurance:

Rates are based on $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than cities with more traffic congestion. The price range example below illustrates how your location can change insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates for a targeted area, instead of making a decision based on averaged prices.

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

Additional Charts and Tables

The chart below illustrates average GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $606
• Drivers who choose higher $1,000 deductibles will pay approximately $84 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $998
• Selecting more expensive low deductibles for comprehensive and collision insurance bumps up the cost to $1,154
• Drivers with serious driving violations could pay up to $2,148
• Policy cost that insures a 16-year-old driver with full coverage can cost as much as $4,040 a year

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Auto insurance rates for a GMC Canyon also range considerably based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,200 to $1,700 in extra premium every year, depending on your age. High-risk driver insurance can cost from 42% to 134% more than the average policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may pay as low as $900 per year on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay at least $4,000 a year. View Rates by Age

Your home state makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,350 on average in Florida, New York, and Michigan.

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Choosing higher comprehensive and collision insurance deductibles could save up to $240 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

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 Best Cheap GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon not only requires being a good driver, but also maintaining a good credit score, being claim-free, and consideration of higher deductibles. Compare rates at every other renewal by requesting quotes from direct insurance companies, and also from local insurance agencies.

The following list is a quick review of the concepts that were illustrated above.

• Drivers considered higher risk with a DUI or reckless driving violation may have to pay on average $1,150 more annually than a safer driver
• Drivers age 16 to 20 are the costliest to insure, possibly costing $337 each month if the policy includes full coverage
• It is possible to save approximately $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• It is possible to save approximately $110 per year just by shopping early and online