Compare 2010 GMC Canyon Car Insurance Quotes

Sick and tired of not being able to afford to insure your GMC every month? You’re in the same situation as most other car owners.

You have so many insurers to insure vehicles with, and although it’s nice to have a choice, lots of choices makes it harder to compare rates and find the lowest cost car insurance.

These factors can influence GMC Canyon insurance rates

It’s important that you understand the rating factors that play a part in calculating the rates you pay for insurance. Understanding what controls the rates you pay enables informed choices that will entitle you to big savings.

Shown below are a partial list of the pieces insurance companies consider when setting prices.

  • Safe vehicles cost less to insure – Cars with high safety ratings get lower rates. Safe vehicles reduce injuries and lower injury rates translates into savings for insurance companies passed on to you as lower rates. If your GMC Canyon has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Better credit scores mean better rates – Your credit history is a large factor in determining what you pay for insurance. If your credit score is not that good, you could be paying less to insure your 2010 GMC Canyon by improving your rating. People with excellent credit tend to be more responsible than drivers with lower credit scores.
  • An active claims history can cost you – Insurance companies award better rates to policyholders who are claim-free. If you frequently file small claims, you can look forward to either higher rates or even cancellation. Auto insurance is designed for larger claims.
  • Traffic violations increase rates – Good drivers tend to pay less for car insurance compared to drivers with tickets. Just one moving violation can increase rates by as much as thirty percent. Drivers who get flagrant violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
  • Rate your vehicle for proper use – The higher the mileage driven in a year the higher your rates will be. Most companies price each vehicle’s coverage based on how the vehicle is used. Cars left parked in the garage can get a lower rate compared to those used for work or business. If your policy improperly rates your Canyon can cost quite a bit. Make sure your insurance declarations sheet properly reflects the correct usage for each vehicle, because it can save money.

Low Cost Auto Insurance

There are a lot of ways you can shop for auto insurance but one way is less time-consuming than others. You can waste a lot of time discussing policy coverages with insurance companies in your area, or you can stay home and use online quoting for quick rates.

Many of the larger companies belong to a marketplace where prospective buyers enter their policy data once, and at least one company then returns a price quote based on that information. This prevents consumers from doing form submissions for each company.

To submit your quote information now, click here (opens in new window).

The only downside to using this type of form is that consumers can’t choose the companies to receive prices from. If you prefer to choose specific providers to compare rates, we have a listing of auto insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just make darn sure you compare the exact same coverages with every price quote. If each company quotes different values for each quote it will be next to impossible to decipher which rate is best. Having just a slight variation in insurance coverages may result in large price differences. Just remember that comparing a large number of companies helps locate the best price.

Don’t pay full price with these discounts

Car insurance is not cheap, but there are discounts available that can drop the cost substantially. Some trigger automatically when you get a quote, but less common discounts must be specially asked for before being credited.

  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.
  • Clubs and Organizations – Being a member of a professional or civic organization could qualify you for a break when shopping for insurance on Canyon insurance.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off on Canyon insurance with a few insurance companies.
  • Service Members Pay Less – Having a family member in the military can result in better rates.

A little note about advertised discounts, most discount credits are not given to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts will cut the amount you have to pay.

To see a list of providers who offer insurance discounts, follow this link.

Your personal situation dictates your coverage

When choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions may help highlight if your situation might need professional guidance.

  • Am I insured when driving a different vehicle?
  • Can I get a multi-policy discount?
  • How do I buy GAP insurance?
  • Is my trailer covered?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Why do I only qualify for high-risk insurance?
  • How can I find cheaper teen driver insurance?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage considerations

Having a good grasp of your policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types offered by insurance companies.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for surgery, chiropractic care and ambulance fees. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Liability coverage

Liability insurance provides protection from damage that occurs to a person or their property in an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like medical services, repair bills for other people’s vehicles, legal defense fees, emergency aid and bail bonds. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your GMC Canyon.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally the UM/UIM limits are set the same as your liablity limits.

Coverage for collisions

Collision coverage pays for damage to your Canyon resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like hitting a mailbox, driving through your garage door, colliding with a tree, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hail damage, hitting a deer, vandalism, a broken windshield and hitting a bird. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

A little work can save a LOT of money

Lower-priced 2010 GMC Canyon insurance can be found from both online companies in addition to many insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers do not provide online price quotes and most of the time these small insurance companies sell through independent agents.

While you’re price shopping online, don’t be tempted to sacrifice coverage to reduce premiums. There have been many situations where someone dropped uninsured motorist or liability limits only to regret that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

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