2015 GMC Canyon Insurance Quotes

Trying to find lower car insurance rates for your GMC Canyon? Wish you could get a refund on an overpriced car insurance policy? You’re in good company because you’re not the only one.

Multiple insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare insurance companies and uncover the absolute lowest price

It’s a great practice to quote other rates quite often because prices are constantly changing. Just because you found the best deal for Canyon coverage a few years ago you can probably find a better rate quote now. Forget all the misinformation about car insurance because you’re about to find out one of the quickest ways to eliminate unnecessary coverages and save money.

Are you receiving every discount?

Companies that sell car insurance don’t always advertise every available discount in a way that’s easy to find, so we break down both well-publicized and also the lesser-known discounts you could be receiving when you buy insurance online.

  • Policy Bundle Discount – If you can bundle your auto and home insurance with the same company you may earn at least 10% off all policies.
  • College Student Discount – Youth drivers who are enrolled in higher education away from home and do not have a car can be insured at a reduced rate.
  • Save over 55 – Older drivers can possibly qualify for lower premium rates for Canyon coverage.
  • Driver Education Discount – Cut your cost by having your teen driver sucessfully take a drivers education course as it will make them better drivers and lower rates.
  • Membership in Organizations – Participating in a qualifying organization could earn you a nice discount on your policy.
  • Discount for Home Ownership – Owning your own home or condo may earn you a small savings because owning a home requires personal responsibility.
  • One Accident Forgiven – This one isn’t a discount, but some companies like State Farm and Allstate will forgive one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
  • Theft Deterent System – Cars, trucks, and SUVs that have factory anti-theft systems are stolen with less frequency and will qualify for a discount on a insurance quote.
  • E-sign – Certain car insurance companies provide a small discount for completing your application over the internet.
  • Active Service Discounts – Having a deployed family member could qualify you for better premium rates.

Discounts lower rates, but most discounts do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. Even though the math looks like it’s possible to get free car insurance, it’s just not the way it works.

A list of car insurance companies and the discounts they provide are outlined below.

  • State Farm may have discounts that include driver’s education, Steer Clear safe driver discount, good student, passive restraint, good driver, and safe vehicle.
  • American Family discounts include good student, defensive driver, TimeAway discount, bundled insurance, accident-free, and Steer into Savings.
  • AAA has savings for good driver, pay-in-full, education and occupation, multi-car, good student, and multi-policy.
  • GEICO may offer discounts for membership and employees, anti-lock brakes, good student, driver training, and seat belt use.
  • Mercury Insurance offers premium reductions for professional/association, ease of repair, accident-free, low natural disaster claims, good student, age of vehicle, and anti-theft.
  • Farmers Insurance policyholders can earn discounts including homeowner, pay in full, mature driver, business and professional, and alternative fuel.
  • Progressive has discounts for multi-policy, homeowner, good student, multi-vehicle, continuous coverage, and online quote discount.

Before purchasing a policy, check with all companies you are considering to apply every possible discount. All car insurance discounts may not be offered in every state. To view providers with discount rates, follow this link.

Smart consumers save every year

Lots of things are part of the calculation when pricing auto insurance. Most are fairly basic such as your driving record, but other criteria are not quite as obvious like where you live or your financial responsibility.Smart consumers have a good feel for the different types of things that are used to determine your auto insurance rates. If you have a feel for what positively or negatively impacts your premiums, this helps enable you to make changes that may result in lower rates.

Shown below are some of the major factors companies use to determine your rates.

  • Cars with good safety ratings means cheaper rates – Safer cars get lower rates. These vehicles help reduce the chance of injuries in an accident and better occupant protection translates into fewer and smaller insurance claims and lower rates for you.
  • Do you know your coverage deductibles? – Physical damage coverage, also called comprehensive and collision insurance, is used to repair damage to your GMC. Some examples of claims that would be covered would be a dented fender, vandalism, and damage caused by flying debris. Comprehensive and collision coverage deductibles are how much you are required to spend in the event of a claim. The more expense you’re willing to pay, the better rate you will receive for Canyon coverage.
  • Put fewer miles on your vehicle – Driving a lot of miles in a year’s time the more it will cost to insure it. Most insurance companies price each vehicle’s coverage based on their usage. Cars and trucks not used for work or commuting get more affordable rates as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Canyon can result in significantly higher rates. Make sure your auto insurance policy states the right rating data, because improper ratings can cost you money.
  • Your employer and auto insurance rates – Did you know your occupation can influence how much you pay for auto insurance? Careers like fire fighters, business owners and financial analysts generally have higher rates than average attributed to job stress and long work days. On the other hand, occupations like scientists, students and the unemployed have the lowest average rates for Canyon coverage.
  • Gaps in coverage mean higher auto insurance rates – Letting your insurance expire will be a quick way to increase your auto insurance rates. Not only will rates go up, not being able to provide proof of insurance may result in fines and jail time. You will then be forced to file a SR-22 with your state motor vehicle department.

When in doubt talk to an agent

When choosing the best car insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s situation is unique so your insurance needs to address that. For example, these questions can aid in determining if your situation may require specific advice.

  • Should I buy additional glass protection?
  • Does my 2015 GMC Canyon need full coverage?
  • Am I covered when delivering products for my home-based business?
  • Is my dog or cat covered if injured in an accident?
  • Is my ex-spouse still covered by my policy?
  • What if I owe more than I can insure my car for?
  • What are the financial responsibility laws in my state?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Tricks in insurance coverage advertising

Allstate, GEICO and Progressive constantly bombard you with television, radio, and online ads. They all seem to say the same thing that you can save if you switch your coverage to them. But how can every company offer you a better deal? It’s all in the wording.

Most companies have specific guidelines for the type of customer that will be a good risk. One example of a profitable customer might have to be over the age of 50, has no driving citations, and drives less than 7,500 miles a year. Any person who fits that profile receive the lowest rate quotes and have a good chance to save money with a new company.

Insureds who fall outside this ideal profile will probably be forced to pay higher premiums which translates to the driver buying from a lower-cost company. The ad wording is “people who switch” but not “all drivers who get quotes” save that kind of money. That’s the way insurance companies can confidently make the claims of big savings. Because of the profiling, you really should get insurance quotes as often as possible. You cannot predict the company that will fit your personal profile best.

Auto insurance coverage information

Having a good grasp of your car insurance policy helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. These are the normal coverages found on most car insurance policies.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like rolling your car, sustaining damage from a pot hole, hitting a mailbox, hitting a parking meter and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Liability insurance – Liability coverage can cover damages or injuries you inflict on other people or property in an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage pays for things like medical services, medical expenses and bail bonds. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like rehabilitation expenses, hospital visits, nursing services and EMT expenses. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family and damage to your GMC Canyon.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive coverage (or Other than Collision) – This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like vandalism, a tree branch falling on your vehicle, damage from getting keyed and falling objects. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Quote often and quote early

You just learned a lot of techniques to reduce 2015 GMC Canyon insurance premium rates online. The key thing to remember is the more companies you get prices for, the better chance you’ll have of finding cheaper insurance. Drivers may discover the best premium rates are with a company that doesn’t do a lot of advertising. These smaller insurers may have significantly lower prices on certain market segments compared to the large companies like Progressive and GEICO.

Lower-priced 2015 GMC Canyon insurance can be found both online and from local insurance agents, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who don’t offer the ability to get a quote online and most of the time these smaller providers only sell through local independent agents.

To learn more, feel free to browse these articles: