GMC Canyon Insurance Rates

U.S. average auto insurance rates for a GMC Canyon are $998 annually with full coverage. Comprehensive costs on average $156 each year, collision costs $210, and liability insurance is $474. Liability-only coverage costs around $522 a year, with high-risk coverage costing around $2,148. Teenage drivers pay the highest rates at $4,040 a year or more.

Average premium for full coverage: $998

Price estimates by individual coverage:

Price estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all U.S. states and Canyon models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on auto insurance rates. Rural areas have fewer collision claims than densely populated cities.

The graphic below illustrates how geographic area affects car insurance rates.

The ranges above demonstrate why all drivers should compare rates 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.

Additional Rate Information

The chart below details estimated GMC Canyon insurance rates for different risk profiles and scenarios.

• The best discount rate is $606
• Raising to $1,000 deductibles will save around $84 annually
• The estimated rate for the average middle-age driver with $500 deductibles is $998
• Using low deductibles will cost $1,154
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,148 or more
• The price with full coverage for a teen driver may cost $4,040

View Chart as Image

Auto insurance prices for a GMC Canyon are also quite variable based on the trim level and model year, your driving record, and policy deductibles and limits.

More mature drivers with a good driving record and high physical damage deductibles could pay as little as $900 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they will have to pay upwards of $4,000 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out at a minimum $1,200 to $1,700 in extra premium each year, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 42% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce prices by up to $240 each year, whereas increasing liability limits will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $426 extra every year. View Rates by Deductible or Liability Limit

The state you live in also has a big influence on GMC Canyon insurance rates. A middle-age driver might find prices as low as $720 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,350 on average in Florida, Michigan, and New York.

View Chart as Image

Since prices can be so different, the best way to find out exactly what you will pay is to do a rate comparison from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and quoted prices may be quite 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 Cheaper GMC Canyon Insurance

Getting lower rates on GMC Canyon insurance consists of avoiding accidents and violations, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Invest the time to compare rates at least every other year by requesting rates from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The list below is a condensed summary of the car insurance concepts presented in the illustrations above.

• High-risk drivers with multiple at-fault accidents pay an average of $1,150 more each year for car insurance
• You may be able to save as much as $110 per year simply by quoting online in advance
• Increasing physical damage deductibles could save up to $250 each year
• Drivers who require higher liability limits will pay an extra $520 every year to raise from a low limit to higher 250/500 limits