GMC Canyon Insurance Rates

Estimated insurance prices for a GMC Canyon are $998 every 12 months for full coverage insurance. Comprehensive costs an estimated $156 a year, collision insurance costs $210, and liability is estimated at $474. Liability-only coverage costs approximately $522 a year, and high-risk coverage costs around $2,148. Teens pay the most at up to $4,040 a year.

Average premium for full coverage: $998

Premium estimates broken down by type of coverage:

Prices include $500 policy deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all 50 states and Canyon trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on the price of insurance. More rural locations are statistically proven to have more infrequent physical damage claims than cities with more traffic congestion. The diagram below illustrates the difference between rural and urban areas on insurance prices.

These rate differences illustrate why it is important to get quotes for a targeted area and their own driving history, instead of using averaged prices.

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

Additional Charts and Tables

The chart below illustrates average GMC Canyon insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $606
• Choosing higher $1,000 deductibles can save approximately $914 each year
• The average price for a 40-year-old good driver who has $500 deductibles is $998
• Selecting low $100 deductibles for comp and collision coverage increases the price to $1,154
• Unlucky drivers with serious driving violations could pay up to $2,148
• An auto insurance policy to insure a teen driver can cost as much as $4,040 each year

View Chart as Image

Insurance prices for a GMC Canyon also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles can save as much as $240 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay at least $4,000 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying $1,200 to $1,700 extra annually, depending on your age. A high-risk auto insurance policy ranges as much as 42% to 134% more than the average policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for GMC Canyon insurance prices. A good driver about age 40 could pay as low as $650 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,350 on average in Florida, New York, and Michigan.

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 Shop for the Right GMC Canyon Insurance

Finding better rates on car insurance takes being safe and accident-free, having good credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Set aside time to compare rates every year by quoting rates from direct insurance companies, and also from insurance agencies where you live.

Below you'll find a quick rundown of the coverage data covered above.

• It is possible to save approximately $110 per year just by quoting early and online
• Increasing policy deductibles could save as much as $250 each year
• Youthful drivers are charged the highest prices, with premiums being up to $337 per month if they have full coverage
• Higher risk drivers with reckless driving or DUI convictions could be forced to pay on average $1,150 more annually than a low-risk driver