GMC Canyon Insurance Rates

U.S. average insurance prices for a GMC Canyon are $968 every 12 months including full coverage. Comprehensive costs around $146, collision costs $190, and liability coverage costs $474. Liability-only coverage costs as little as $522 a year, with high-risk coverage costing around $2,084. Teen drivers pay the highest rates at $3,952 a year or more.

Average premium for full coverage: $968

Price estimates for individual coverage:

Price estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 U.S. states and for different Canyon trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of insurance. Areas with sparse population have more infrequent comprehensive and collision claims than larger metro areas.

The price range example below illustrates how location impacts auto insurance rates.

The ranges above highlight why anyone shopping for car insurance should compare rates for a specific zip code and their own driving history, rather than using price averages.

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 choices and driver risks.

• The lowest rate with discounts is $589
• Drivers who choose higher $1,000 deductibles will pay about $78 every year
• The average price for the average middle-age driver using $500 deductibles is $968
• Choosing more expensive low deductibles for comprehensive and collision insurance increases the price to $1,114
• High-risk insureds with multiple violations and an at-fault accident could pay at least $2,084 or more
• The price to insure a teenage driver with full coverage can be $3,952 a year

View Chart as Image

Auto insurance prices for a GMC Canyon are also quite variable based on deductibles and policy limits, your driving characteristics, and the trim level and model year.

Choosing high deductibles could save up to $230 a year, while increasing your policy's liability limits will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $426 extra every year. View Rates by Deductible or Liability Limit

An older driver with a good driving record and higher deductibles may only pay around $900 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers will have to pay as much as $3,900 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying at least $1,200 to $1,700 in extra premium each year, depending on your age. High-risk driver insurance can cost around 43% to 138% more than average. View High Risk Driver Rates

The state you live in makes a big difference in GMC Canyon insurance rates. A 40-year-old driver could pay as low as $740 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,380 on average in Michigan, New York, and Louisiana.

View Chart as Image

Since prices can be so different, the best way to figure out your exact price is to compare prices and see how they stack up. Every company uses a different rate calculation, and quoted prices may be quite 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 Shop for Cheaper GMC Canyon Insurance

Getting lower rates on auto insurance not only requires having a decent driving record, but also having a good credit score, being claim-free, and maximizing policy discounts. Spend time shopping around at least once a year by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The following items are a condensed summary of the primary concepts that were touched on above.

• You may be able to save up to $110 per year simply by shopping early and online
• Drivers with multiple at-fault accidents could be forced to pay on average $1,120 more every year than a driver with a clean driving record
• Increasing physical damage deductibles could save as much as $225 each year
• 16 to 18-year-old drivers are expensive to insure, possibly costing $329 a month if comprehensive and collision insurance is included