GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $1,238 a year for full coverage insurance. Comprehensive insurance costs approximately $228 each year, collision insurance costs $400, and liability costs around $452. Liability-only insurance costs as low as $504 a year, and high-risk driver insurance costs $2,680 or more. 16-year-old drivers pay the highest rates at up to $4,788 a year.

Average premium for full coverage: $1,238

Price estimates by individual coverage:

Estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 states and Canyon models.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on the price of auto insurance. Rural locations have lower incidents of physical damage claims than congested cities. The graphic below illustrates how location helps determine auto insurance prices.

The ranges above illustrate why all drivers should compare prices using their specific location, instead of making a decision based on rate averages.

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

Rates by State, City, and Model

The chart below illustrates average GMC Canyon insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $724
• Using higher $1,000 deductibles will save $142 each year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,238
• Buying low deductibles for physical damage coverage will cost an additional $276 annually
• High-risk insureds with multiple tickets or accidents could pay around $2,680
• The price that insures a 16-year-old driver can cost $4,788 or more

View Chart as Image

Car insurance prices for a GMC Canyon are also quite variable based on the trim level and model year, your age and driving record, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you are probably paying anywhere from $1,500 to $2,100 extra each year, depending on your age. Insurance for high-risk drivers can be from 44% to 135% more than the average rate. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,200 a year for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will be charged in the ballpark of $4,700 a year. View Rates by Age

The state you live in has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see prices as low as $810 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,670 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $420 annually, whereas increasing liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $407 extra every 12 months. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Rates assume 2018 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 Low Cost GMC Canyon Insurance

Getting lower rates on insurance for a GMC Canyon requires avoiding accidents and violations, having a positive credit history, not filing small claims, and attention to physical damage deductibles. Comparison shop every other policy renewal by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The list below is a review of the ideas that were covered in the charts and tables above.

• Teenagers pay the highest auto insurance prices, as much as $399 a month if full coverage is purchased
• Drivers considered higher risk who have several accidents or serious violations could be charged and average of $1,440 more per year for car insurance
• Increasing physical damage deductibles can save approximately $425 each year
• It is possible to save around $150 per year just by quoting online in advance