GMC Canyon Insurance Rates

Average auto insurance rates for a GMC Canyon are $998 annually including full coverage. Comprehensive costs around $156 each year, collision costs $210, and liability costs $474. Buying just liability costs as little as $522 a year, with insurance for high-risk drivers costing around $2,148. Teen drivers receive the highest rates at $4,040 a year or more.

Average premium for full coverage: $998

Rate estimates for individual coverage type:

Prices include $500 policy deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 50 U.S. states and Canyon models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of insurance. Areas with sparse population tend to have fewer comprehensive and collision claims than larger metro areas.

The graphic below illustrates how location helps determine auto insurance rates.

These examples highlight why all drivers should compare rates for a specific zip code and their own personal driving habits, instead of using price averages.

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

Additional Rate Analysis

The chart below breaks down estimated GMC Canyon insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $606
• Drivers who choose higher $1,000 deductibles will pay about $84 every year
• The estimated rate for a 40-year-old driver using $500 deductibles is $998
• Choosing low deductibles for comprehensive and collision insurance will cost $1,154
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,148 or more
• The cost with full coverage for a teen driver can be $4,040 a year

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Auto insurance rates for a GMC Canyon can also vary considerably based on the trim level of your Canyon, your driving characteristics, and deductibles and policy limits.

More mature drivers with a good driving record and high physical damage deductibles may pay as little as $900 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they will have to pay as much as $4,000 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying at least $1,200 to $1,700 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost as much as 42% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $240 every year, whereas increasing liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in GMC Canyon insurance prices. A 40-year-old driver could pay as low as $770 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,420 on average in Michigan, New York, and Louisiana.

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With so much variability in rates, the best way to figure out your exact price is to do a rate comparison and see which company has the best rate. Every company uses a different rate calculation, and quoted rates can be significantly different between companies.

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 the Right GMC Canyon Insurance

Saving money on car insurance not only requires being a good driver, but also having above-average credit, not filing small claims, and maximizing policy discounts. Invest time comparing rates once a year by getting quotes from direct car insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The following list is a quick rundown of the data that was covered in the charts and tables above.

• You may be able to save up to $110 per year simply by quoting online in advance
• Policyholders who may need an increased level of liability coverage will pay about $520 per year to go from a minimum limit to higher 250/500 limits
• Drivers age 16 to 20 are expensive to insure, as much as $337 per month if full coverage is included
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,150 more every year than a safer driver