GMC Canyon Insurance Rates

Estimated insurance rates for a GMC Canyon are $968 a year for full coverage. Comprehensive costs an estimated $146, collision costs $190, and liability costs around $474. Liability-only insurance costs as low as $522 a year, with high-risk driver insurance costing around $2,084. Teenage drivers pay the most at $3,952 a year or more.

Average premium for full coverage: $968

Premium estimates broken down by type of coverage:

These estimates include $500 policy deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all states and for different Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on insurance rates. More rural locations are statistically proven to have lower incidents of accident claims than densely populated cities.

The price range example below illustrates how your location can change insurance prices.

These rate differences show why anyone shopping for car insurance should compare prices for a targeted area, instead of using average rates.

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

Additional Charts and Tables

The chart below shows estimated GMC Canyon insurance rates for other coverage scenarios.

• The best discount rate is $589
• Using higher $1,000 deductibles will save approximately $78 a year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $968
• Using more expensive low deductibles for physical damage coverage bumps up the cost to $1,114
• Drivers who are prone to accidents and violations could pay up to $2,084 or more
• An auto insurance policy that insures a teen driver with full coverage can cost as much as $3,952 or more

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Insurance prices for a GMC Canyon also have a wide range based on the model year and trim level, how you drive, and liability limits and deductibles.

If you have a few violations or you caused an accident, you could be paying $1,200 to $1,700 additional annually, depending on your age. High-risk driver insurance can be as much as 43% to 138% more than a normal policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $900 a year, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay at least $3,900 a year. View Rates by Age

Where you choose to live has a huge impact on GMC Canyon insurance prices. A driver around age 40 might see prices as low as $640 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,380 on average in New York, Louisiana, and Michigan.

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Using high physical damage deductibles could cut prices by as much as $230 every year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know which insurance company is cheapest is to compare prices and see which company has the best price. Each insurance company uses a different method to calculate prices, and prices will be substantially different.

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 Cheap GMC Canyon Insurance

Finding better rates on car insurance requires being a good driver, having a good credit score, not filing small claims, and maximizing policy discounts. Compare prices every couple of years by obtaining price quotes from direct carriers, and also from your local independent and exclusive agents.

The following list is a brief summary of the material that was illustrated above.

• Policyholders who want an increased level of liability coverage will pay an extra $520 each year to increase from 30/60 bodily injury limits to the 250/500 level
• Drivers age 16 to 20 are expensive to insure, as much as $329 per month if comprehensive and collision insurance is included
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,120 more annually than a safer driver
• Increasing policy deductibles can save approximately $225 each year