GMC Canyon Insurance Rates

The average insurance prices for a GMC Canyon are $998 every 12 months for full coverage insurance. Comprehensive insurance costs an estimated $156, collision insurance costs $210, and liability coverage costs around $474. A liability-only policy costs as low as $522 a year, and high-risk insurance costs $2,148 or more. 16-year-old drivers 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:

Rate estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, 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

Where you live has a large influence on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than congested cities. The price range example below illustrates how geographic area affects insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare prices for a targeted area and their own driving history, rather than using rate averages.

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 best full coverage rate is $606
• Using higher $1,000 deductibles will save approximately $84 each year
• The average price for a good driver age 40 who has $500 deductibles is $998
• Buying more expensive low deductibles for physical damage coverage costs an extra $156 each year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,148
• Policy cost to insure a teenage driver with full coverage can cost as much as $4,040 or more

View Chart as Image

Car insurance rates for a GMC Canyon also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Opting for high physical damage deductibles could cut rates by as much as $240 a year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may only pay around $900 a year, or $75 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged at least $4,000 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance can be around 42% to 134% more than the average rate. View High Risk Driver Rates

Your home state has a huge impact on GMC Canyon insurance rates. A driver around age 40 might see rates as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,350 on average in Florida, New York, and Michigan.

View Chart as Image

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 the Best GMC Canyon Insurance

Finding cheaper rates on auto insurance requires having a decent driving record, maintaining a good credit score, being claim-free, and possibly higher deductibles. Invest the time to compare rates once a year by getting rate quotes from direct insurance companies, and also from insurance agencies where you live.

The following items are a brief recap of the data that was presented in the illustrations above.

• It is possible to save approximately $110 per year just by shopping early and online
• Consumers who want additional liability coverage will pay around $520 annually to increase from a 30/60 limit to a 250/500 level
• 16 to 18-year-old drivers have the highest car insurance rates, possibly costing $337 each month if the policy includes full coverage
• Drivers who tend to receive serious violations could be forced to pay on average $1,150 more annually than a driver with a clean driving record