Vehicles > GMC > Canyon

GMC Canyon Insurance Rates

Drivers have lots of options when trying to insure your GMC vehicle. You can buy direct from a local agent or go online to compare pricing from many different companies. Buying auto insurance from online companies can be fast and easy, plus you might just save a little.

If you're new to shopping for auto insurance online, you may be overwhelmed by the hoards of companies vying for your business. Finding a lower price on Canyon insurance is actually quite simple. You just have to take a little time to get quotes provided by online insurance companies. This can be accomplished by visiting this page.

Rates are impacted by...

Auto insurance rates on a GMC Canyon can fluctuate considerably depending on several factors. Including but not limited to:

  • Higher performance Canyon vehicles cost more
  • Accidents raise premiums
  • Multiple policies can save money
  • Pleasure use vs. commuting use
  • Add-on coverages such as rental reimbursement
  • Claims drive up premiums
  • Having continuous coverage saves you money
  • Home ownership saves money

A final factor that helps determine Canyon insurance rates is the model year. A newer vehicle cost more in comparison to later models so the cost to replace them may result in higher rates. Although more recent GMC vehicles may have a trim level with safety features included like lane departure warning system, dual-stage airbags, and sideview assist mirrors which may provide discounts that lower premiums.

To get a better understanding how much rates will be for your vehicle, select the year of your Canyon from the list below.

Liability coverage

This coverage will cover damage or injury you incur to people or other property in an accident. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Coverage is generally pretty cheap so consider buying as high a limit as you can afford.

Collision coverage

Collision insurance will pay to fix damage to your GMC resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in. Collision coverage for your Canyon can be pricey, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible in order to get cheaper Canyon insurance rates.

Comprehensive coverage

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by your GMC Canyon comprehensive insurance. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don't have enough coverage. Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage.

How Much are GMC Canyon Insurance Rates?