GMC Canyon Insurance Rates

Estimated insurance rates for a GMC Canyon are $998 a year including full coverage. Comprehensive costs approximately $156 a year, collision costs $210, and liability coverage is estimated at $474. A policy with only liability insurance costs approximately $522 a year, with a high-risk policy costing around $2,148. Teens pay the most at $4,040 a year or more.

Average premium for full coverage: $998

Premium estimates by type of coverage:

These estimates include $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 U.S. states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on car insurance prices. Rural locations are statistically proven to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The diagram below illustrates how where you live affects auto insurance prices.

These rate differences highlight why it is important to get quotes using their specific location and risk profile, rather than using averaged prices.

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

Rate Comparisons

The chart below breaks down estimated GMC Canyon insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $606
• Choosing higher $1,000 deductibles can save $914 every year
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $998
• Selecting low $100 deductibles for comp and collision coverage will increase the cost to $1,154
• Drivers with serious driving violations could pay around $2,148 or more
• An auto insurance policy for full coverage for a teenage driver can cost $4,040 each year

View Chart as Image

Car insurance prices for a GMC Canyon also have a wide range based on your driving characteristics, the model of your Canyon, and physical damage deductibles and liability limits.

Older drivers with no driving violations and high deductibles may only pay around $900 annually on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will be charged in the ballpark of $4,000 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $770 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,420 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $240 a year, while buying higher liability limits will push prices upward. Changing from a 50/100 limit to a 250/500 limit will cost up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying anywhere from $1,200 to $1,700 extra annually, depending on your age. A high-risk auto insurance policy ranges around 42% to 134% more than the average policy. View High Risk Driver Rates

With such a large range in prices, the best way to figure out who has the best auto insurance prices is to get quotes and see how they stack up. Each auto insurer calculates prices differently, so rate quotes will be substantially different from one company to the next.

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 Cheap GMC Canyon Insurance

Finding better rates on auto insurance takes being a low-risk driver, having above-average credit, refrain from filing small claims, and avoiding coverage lapses. Take the time to comparison shop every other policy renewal by requesting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The items below are a brief summary of the ideas that were touched on in the above illustrations.

• Teen drivers pay the highest auto insurance prices, with the cost nearing $337 per month if full coverage is included
• Drivers that tend to have accidents or serious violations could be forced to pay on average $1,150 more per year to insure their Canyon
• Increasing policy deductibles can save around $250 each year
• You may be able to save around $110 per year simply by quoting early and online