GMC Canyon Insurance Rates

The average auto insurance rates for a GMC Canyon are $998 annually including full coverage. Comprehensive costs on average $156 a year, collision insurance costs $210, and liability insurance is estimated at $474. Buying just liability costs approximately $522 a year, and insurance for high-risk drivers costs around $2,148. Teenage drivers cost the most to insure at up to $4,040 a year.

Average premium for full coverage: $998

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on car insurance rates. Rural areas are shown to have fewer comprehensive and collision claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on car insurance rates.

The examples above highlight why it is important to get quotes based on a specific location and their own personal driving habits, rather than relying on average rates.

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

Detailed Rate Analysis

The chart below breaks down average GMC Canyon insurance rates for different risk profiles and scenarios.

• The best discount rate is $606
• Choosing higher $1,000 deductibles can save around $914 every year
• The estimated rate for a good driver age 40 with $500 deductibles is $998
• Using low $100 deductibles for comp and collision coverage will cost $1,154
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,148
• Policy cost with full coverage for a teen driver may cost $4,040 each year

View Chart as Image

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

Older drivers with a clean driving record and high physical damage deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay upwards of $4,000 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at a minimum $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 42% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $240 each year, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for GMC Canyon insurance rates. A good driver about age 40 could pay as low as $770 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,420 on average in Michigan, New York, and Louisiana.

View Chart as Image

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 Buy Low Cost GMC Canyon Insurance

Finding cheaper rates on GMC Canyon insurance takes being safe and accident-free, having a good credit history, paying for small claims out-of-pocket, and determing if full coverage is necessary. Set aside time to compare rates at least every other year by getting price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below you'll find a review of the car insurance concepts covered above.

• High-risk drivers who have several accidents or serious violations pay on average $1,150 more each year than a low-risk driver
• You may be able to save as much as $110 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $250 each year
• Drivers who require more liability protection will pay an extra $520 per year to raise limits from a 30/60 limit to higher 250/500 limits