GMC Canyon Insurance Rates

Estimated insurance rates for a GMC Canyon are $998 a year for full coverage. Comprehensive costs approximately $156 a year, collision costs $210, and liability costs $474. Liability-only insurance costs as little as $522 a year, with high-risk driver insurance 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:

Includes $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Rates include averaging for all states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can have significant affects on car insurance rates. Rural locations are statistically proven to have lower incidents of accident claims than cities with more traffic congestion.

The diagram below illustrates how rural and urban location affects auto insurance prices.

These rate differences show why it is important to compare rates using their specific location, instead of using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $606
• Drivers who choose higher $1,000 deductibles will pay $914 a year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $998
• Selecting low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,154
• Higher-risk drivers with serious driving violations could pay around $2,148 or more
• An auto insurance policy that insures a teen driver can cost $4,040 a year

View Chart as Image

Insurance prices for a GMC Canyon also have a wide range based on the trim level of your Canyon, how you drive, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you could be paying anywhere from $1,200 to $1,700 additional annually, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 134% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $900 per year on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,000 a year. View Rates by Age

Where you choose to live makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $660 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,420 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $240 every year, while buying higher liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know who has the cheapest car insurance prices is to get quotes and see which company has the best price. Every company calculates prices differently, and prices will be substantially different.

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 Cheapest GMC Canyon Insurance

Finding better rates on car insurance not only requires avoiding accidents and violations, but also having a good credit score, not filing small claims, and qualifying for all possible discounts. Compare rates at every policy renewal by getting quotes from direct carriers, and also from insurance agencies where you live.

The list below is a recap of the data raised in the charts and tables above.

• Policyholders who purchase higher liability limits will pay approximately $520 each year to go from 30/60 bodily injury limits to the 250/500 level
• Drivers can save around $110 per year simply by quoting early and online
• Increasing policy deductibles can save approximately $250 each year
• Teenagers are the costliest to insure, as much as $337 per month if comprehensive and collision insurance is included