Vehicles > GMC > Canyon

GMC Canyon Insurance Rates

Shopping for car insurance from online rate quotes is easy and at the same time you can save money. The key is to get rates from all providers in order to have the best prices.

Consumers not familiar with comparison shopping may think finding affordable Canyon insurance is more work than they want to put in. There are several ways to get quotes from different insurance companies. One of the best ways to compare Canyon insurance cost consists of shopping online. It is quite easy and can be accomplished by comparing rates here.

What factors impact Canyon insurance quotes?

Car insurance premiums paid to insure a GMC Canyon can fluctuate considerably based upon several criteria. Taken into consideration are:

  • Your driving record
  • Credit rating impacts rates
  • Men typically pay more than women
  • Deductible amount directly impacts your rate
  • Your vehicle's safety rating
  • Your occupation
  • The level of coverage
  • Whether you rent or own your home

An additional factor that will help determine Canyon insurance rates is the year of the vehicle. Older cars and trucks have a reduced actual cash value than newer models so the costs to repair will push premiums down. Conversely, more recent GMC vehicles may have safety features such as a collision avoidance system, all-wheel drive, adaptive cruise control, and lane departure warning system which may lower rates.

To get a better idea how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

Liability insurance - Liability insurance will cover damages or injuries you inflict on a person or their property by causing an accident. Liability can pay for things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so you should buy as high a limit as you can afford.

Collision coverages - Collision coverage will pay to fix damage to your GMC from colliding with an object or car. A deductible applies and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive protection - This pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage. The most you can receive from a comprehensive claim is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured and underinsured coverage - This protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical expense coverage - Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. PIP is only offered in select states and gives slightly broader coverage than med pay.

How Much are GMC Canyon Insurance Rates?