GMC Canyon Insurance Rates

You have lots of choices when trying to insure your GMC vehicle. You can get prices from an insurance agent or shop online to compare pricing from multiple companies. Comparing car insurance online is easy and at the same time you may find lower rates.

Beginners to comparison shopping may think buying affordable Canyon insurance is very challenging. The are a couple different ways of comparing rates from car insurance companies in your area. The quickest method to find the lowest Canyon insurance quotes involves getting comparison quotes online. It is quite easy and can be accomplished by visiting this page.

What factors impact the rate you pay?

Insurance premiums paid to insure a GMC Canyon will vary greatly based upon several criteria. Taken into consideration are:

The performance level of your Canyon
Your accident history
Home and auto can earn discounts
How you use your vehicle
Special coverage such as replacement cost
Your job
The amount of protection requested
Whether you rent or own your home

One important consideration that can impact your rates is the age of the vehicle. Used vehicles have a reduced actual cash value compared to new GMC models so the costs to repair will push premiums down. But newer vehicles have more advanced features including sideview assist mirrors, pedestrian detection, lane departure warning system, and tire pressure monitors so those may provide discounts that lower premiums.

To get more specific information about how much rates will be for your vehicle, select the year of your Canyon from available model years below.

Liability coverage

Liability insurance can cover damages or injuries you inflict on a person or their property. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so buy as much as you can afford.

Collision coverage

This coverage covers damage to your GMC from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection when the "other guys" either are underinsured or have no liability coverage at all. Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for expenses like doctor visits, EMT expenses, and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. PIP is not an option in every state but can be used in place of medical payments coverage.

How Much are GMC Canyon Insurance Rates?