GMC Canyon Insurance Rates

The average insurance rates for a GMC Canyon are $968 a year for full coverage insurance. Comprehensive costs around $146, collision insurance costs $190, and liability costs $474. Liability-only coverage costs as little as $522 a year, and high-risk coverage costs around $2,084. Teens cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $968

Policy rates for type of insurance:

Estimates include $500 deductible amounts, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and for different Canyon trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. Areas with sparse population are shown to have a lower frequency of physical damage claims than cities with more traffic congestion. The price range example below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above illustrate why anyone shopping for car insurance should compare rates for a specific zip code and risk profile, instead of making a decision based on averaged prices.

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

Additional Rate Information

The chart below illustrates average GMC Canyon insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $589
• Drivers who choose higher $1,000 deductibles will pay about $78 each year
• The average rate for a good driver age 40 using $500 deductibles is $968
• Selecting more expensive low deductibles for comprehensive and collision insurance will increase the cost to $1,114
• Drivers with serious driving violations could pay at least $2,084
• Policy cost for full coverage for a 16-year-old driver with full coverage can be $3,952 a year

View Chart as Image

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

An older driver with no violations or accidents and high deductibles may pay as low as $900 per year on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay as much as $3,900 a year. View Rates by Age

Your home state makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $640 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,310 on average in Michigan, New York, and Florida.

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Choosing higher comprehensive and collision insurance deductibles could save up to $230 annually, while increasing your policy's liability limits will increase rates. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying at least $1,200 to $1,700 additional every year, depending on your age. High-risk driver insurance can cost from 43% to 138% more than the average policy. View High Risk Driver Rates

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 Low Cost GMC Canyon Insurance

Finding cheaper rates on insurance for a GMC Canyon not only requires having a good driving record, but also having a good credit history, being claim-free, and deciding if full coverage is necessary. Set aside time to compare rates at least every other year by getting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a review of the car insurance concepts covered above.

• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,120 more every year to buy GMC Canyon insurance
• It is possible to save up to $110 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• Insureds who may need increased levels of liability coverage will pay approximately $520 annually to go from a 30/60 limit to 250/500 limits