GMC Canyon Insurance Rates

U.S. average insurance rates for a GMC Canyon are $998 a year for full coverage. Comprehensive costs around $156, collision insurance costs $210, and liability coverage costs around $474. Buying just liability costs as low as $522 a year, and insurance for high-risk drivers costs around $2,148. Teenage drivers pay the highest rates at up to $4,040 a year.

Average premium for full coverage: $998

Price estimates for individual coverage:

Rate estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and for all Canyon models.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on auto insurance rates. Areas with sparse population have lower incidents of accident claims than densely populated cities. The example below illustrates how location impacts auto insurance rates.

The ranges above show why everyone should compare prices for a specific zip code, rather than using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $606
• Using higher $1,000 deductibles will save about $84 a year
• The estimated price for the average middle-age driver using $500 deductibles is $998
• Using pricier low deductibles for physical damage coverage bumps up the cost to $1,154
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,148
• The price that insures a teenage driver for full coverage can be $4,040 or more

View Chart as Image

Insurance prices for a GMC Canyon are also quite variable based on the model of your Canyon, how you drive, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you could be paying at least $1,200 to $1,700 additional each year, depending on your age. GMC Canyon insurance for high-risk drivers can be around 42% to 134% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $900 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay as much as $4,000 a year. View Rates by Age

The state you live in has a huge impact on GMC Canyon insurance rates. A driver around age 40 might see prices as low as $660 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,420 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $240 a year, whereas buying more liability protection will increase prices. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

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 Best GMC Canyon Insurance

Getting lower rates on auto insurance requires avoiding accidents and violations, having a good credit score, eliminating unnecessary coverage, and deciding if full coverage is necessary. Compare prices every couple of years by obtaining price quotes from direct carriers, and also from several local insurance agents.

The list below is a brief recap of the material that was touched on above.

• Consumers who may need higher liability limits will pay an extra $520 each year to increase from a low limit to the 250/500 level
• Teenagers are charged the highest prices, with premiums as much as $337 a month if comprehensive and collision insurance is included
• Drivers who tend to receive serious violations pay on average $1,150 more every year for car insurance
• Increasing physical damage deductibles can save approximately $250 each year