Save Money on GMC Canyon Insurance in Jacksonville

  1. Home
  2. >
  3. Popular Vehicles
  4. >
  5. GMC Canyon

Price shopping your GMC Canyon insurance in Jacksonville is frustrating for drivers not familiar with buying insurance online. People have so many choices that it can turn into a challenge to find more affordable coverage rates on GMC Canyon insurance.

Discount GMC Canyon insuranceIt's well known that auto insurance companies don't want you to look for a cheaper policy. Drivers who compare price quotes are highly likely to switch car insurance companies because there is a significant possibility of finding good coverage at a lower price. A recent car insurance study discovered that drivers who regularly shopped around saved as much as $70 a month as compared to drivers who don't make a habit of comparing rates.

If finding the cheapest price on auto insurance is your ultimate target, understanding the best ways to shop for insurance can help make the process easier.

Finding the cheapest auto insurance coverage in Jacksonville can be much easier if you know how to start. Basically, every person who needs more affordable auto insurance most likely will be able to find lower rates. But Florida drivers need to have an understanding of the methods companies use to charge you for coverage and use it to find better rates.

Auto insurance discounts are available to get cheap rates

Insuring your vehicles can cost a lot, but you might find some hidden discounts that you may not even be aware of. Certain reductions will be credited at quote time, but a few must be asked about before you will receive the discount. If you do not check that you are getting every discount possible, you are not getting the best rate possible.

  • Bundle and Save - If you can combine your auto and home policy with one company you could get a discount of over 10 percent off each policy depending on the company.
  • First Accident Forgiveness - This isn't a discount exactly, but companies like GEICO, Progressive, and Allstate permit an accident before they charge you more for coverage so long as you haven't had any claims for a set time period.
  • Discounts for Government Workers - Being employed by or retired from a federal job could cut as much as 10% off depending on your company.
  • Data Collection Discounts - Insureds that choose to allow data collection to look at driving patterns by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they show good driving skills.
  • Life Insurance Discount - Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase a life insurance policy as well.
  • Discounts for New Vehicles - Insuring a new Canyon can save you some money due to better safety requirements for newer models.

We need to note that most discounts do not apply to the entire policy premium. Most cut the price of certain insurance coverages like liability, collision or medical payments. Even though it appears adding up those discounts means a free policy, you won't be that lucky. But all discounts will definitely reduce the cost of your policy.

The example below shows the difference between GMC Canyon annual premium costs with and without discounts applied to the rates. The data is based on a female driver, no accidents, no driving violations, Florida state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, marriage, multi-policy, homeowner, and claim-free discounts applied.

For a list of insurers with the best GMC Canyon insurance discounts in Jacksonville in Florida, follow this link.

It's important to know that comparing more prices will improve the odds of getting a better price. Not every company does online Jacksonville Canyon insurance quotes, so it's necessary to compare rates from those companies as well.

The companies shown below are our best choices to provide comparison quotes in Jacksonville, FL. If multiple providers are shown, we suggest you get rate quotes from several of them in order to find the most affordable rates.

GMC Canyon insurance coverage information

The rate table below showcases detailed analysis of policy rates for GMC Canyon models. Having insight into how auto insurance premiums are determined can help drivers make smart choices when purchasing an insurance policy.

GMC Canyon Insurance Rates in Jacksonville, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Canyon SLE Regular Cab 2WD $268 $522 $438 $26 $132 $1,386 $116
Canyon SLE Ext Cab 2WD $268 $636 $438 $26 $132 $1,500 $125
Canyon SLE Ext Cab Z71 2WD $268 $636 $438 $26 $132 $1,500 $125
Canyon SLE Crew Cab 2WD $268 $636 $438 $26 $132 $1,500 $125
Canyon SLE Regular Cab 4WD $308 $522 $438 $26 $132 $1,426 $119
Canyon SLE Crew Cab Z71 2WD $308 $636 $438 $26 $132 $1,540 $128
Canyon SLT Ext Cab 2WD $308 $636 $438 $26 $132 $1,540 $128
Canyon SLE Ext Cab 4WD $308 $522 $438 $26 $132 $1,426 $119
Canyon SLT Crew Cab 2WD $308 $748 $438 $26 $132 $1,652 $138
Canyon SLE Ext Cab Z71 4WD $308 $636 $438 $26 $132 $1,540 $128
Canyon SLE Crew Cab 4WD $348 $636 $438 $26 $132 $1,580 $132
Canyon SLE Crew Cab Z71 4WD $348 $636 $438 $26 $132 $1,580 $132
Canyon SLT Crew Cab 4WD $348 $636 $438 $26 $132 $1,580 $132
Canyon SLT Ext Cab 4WD $348 $636 $438 $26 $132 $1,580 $132
Get Your Own Custom Quote Go

Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Rate quotes do not factor in specific zip code location which can increase or decrease insurance rates greatly.

Analysis of deductible levels

When comparing car insurance rates, the most common question is how high should the deductibles for physical damage be. The comparisons below show the differences in premium rates when you choose different insurance deductibles. The first rate comparisons uses a $250 physical damage deductible and the second data table uses a $500 deductible.

GMC Canyon insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Canyon SLE Regular Cab 2WD $280 $446 $418 $24 $124 $1,317 $110
Canyon SLE Ext Cab 2WD $280 $544 $418 $24 $124 $1,415 $118
Canyon SLE Ext Cab Z71 2WD $280 $544 $418 $24 $124 $1,415 $118
Canyon SLE Crew Cab 2WD $280 $544 $418 $24 $124 $1,415 $118
Canyon SLE Regular Cab 4WD $322 $446 $418 $24 $124 $1,359 $113
Canyon SLE Crew Cab Z71 2WD $322 $544 $418 $24 $124 $1,457 $121
Canyon SLT Ext Cab 2WD $322 $544 $418 $24 $124 $1,457 $121
Canyon SLE Ext Cab 4WD $322 $446 $418 $24 $124 $1,359 $113
Canyon SLT Crew Cab 2WD $322 $640 $418 $24 $124 $1,553 $129
Canyon SLE Ext Cab Z71 4WD $322 $544 $418 $24 $124 $1,457 $121
Canyon SLE Crew Cab 4WD $364 $544 $418 $24 $124 $1,499 $125
Canyon SLE Crew Cab Z71 4WD $364 $544 $418 $24 $124 $1,499 $125
Canyon SLT Crew Cab 4WD $364 $544 $418 $24 $124 $1,499 $125
Canyon SLT Ext Cab 4WD $364 $544 $418 $24 $124 $1,499 $125
Get Your Own Custom Quote Go
GMC Canyon insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Canyon SLE Regular Cab 2WD $228 $360 $418 $24 $124 $1,154 $96
Canyon SLE Ext Cab 2WD $228 $438 $418 $24 $124 $1,232 $103
Canyon SLE Ext Cab Z71 2WD $228 $438 $418 $24 $124 $1,232 $103
Canyon SLE Crew Cab 2WD $228 $438 $418 $24 $124 $1,232 $103
Canyon SLE Regular Cab 4WD $262 $360 $418 $24 $124 $1,188 $99
Canyon SLE Crew Cab Z71 2WD $262 $438 $418 $24 $124 $1,266 $106
Canyon SLT Ext Cab 2WD $262 $438 $418 $24 $124 $1,266 $106
Canyon SLE Ext Cab 4WD $262 $360 $418 $24 $124 $1,188 $99
Canyon SLT Crew Cab 2WD $262 $516 $418 $24 $124 $1,344 $112
Canyon SLE Ext Cab Z71 4WD $262 $438 $418 $24 $124 $1,266 $106
Canyon SLE Crew Cab 4WD $296 $438 $418 $24 $124 $1,300 $108
Canyon SLE Crew Cab Z71 4WD $296 $438 $418 $24 $124 $1,300 $108
Canyon SLT Crew Cab 4WD $296 $438 $418 $24 $124 $1,300 $108
Canyon SLT Ext Cab 4WD $296 $438 $418 $24 $124 $1,300 $108
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate information does not factor in vehicle garaging location which can revise prices noticeably.

Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $15 more each month or $180 for a full year than selecting the higher $500 deductible. Since you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you normally average more than 17 months between claim filings, you would probably save some money if you choose a higher deductible.

Calculation for raising deductibles

Average monthly premium for $250 deductibles: $120
Average monthly premium for $500 deductibles (subtract): - $105
Monthly savings from raising deductible: $15
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $15
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

The diagram below demonstrates how deductible levels and can raise or lower GMC Canyon insurance premiums for different insured age categories. The premiums are based on a single female driver, full coverage, and no discounts are taken into consideration.

Rate difference between full and liability-only coverage

The information below shows the comparison of GMC Canyon insurance costs when comparing full coverage to liability only. The price estimates are based on no accidents, no driving violations, $250 deductibles, single marital status, and no discounts are applied.

When to stop buying physical damage coverage

There is no set rule to drop physical damage insurance, but there is a guideline you can use. If the annual cost of coverage is 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let's pretend your GMC Canyon claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after paying your policy deductible. If it's costing you more than $600 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are some situations where eliminating full coverage is not recommended. If you still have a lienholder on your title, you have to carry full coverage in order to keep the loan. Also, if you don't have enough money to buy a different vehicle if your current one is damaged, you should not buy liability only.

How You Can Control GMC Canyon Insurance Premiums

Many things are part of the equation when you quote your car insurance policy. Some are obvious such as traffic violations, but some are not as apparent like where you live or your financial responsibility.

The items below are some of the items used by your company to calculate premiums.

Lower premiums for safer vehicles - Safer cars tend to be cheaper to insure. Highly rated vehicles protect occupants better and reduced instances of injuries translates into savings for insurance companies which can mean better rates for you. If your GMC Canyon has ratings of a minimum four stars on Safercar.gov or an "acceptable" rating on iihs.org you may pay a lower rate.

Obey driving laws and save - Even one driving citation can increase the cost of insurance by as much as twenty percent. Careful drivers get better rates than people who have multiple driving citations. Drivers with license-revoking citations such as DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state's department of motor vehicles in order to legally drive a vehicle.

The diagram below shows how traffic citations and at-fault claims can drive up GMC Canyon insurance rates for each different age category. Data assumes a single female driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.

Where you call home factors in - Living in areas with lower population can be a good thing when buying auto insurance. Fewer drivers and short commutes means reduced accidents and lower theft and vandalism rates. People in densely populated areas regularly have more road rage incidents and longer commute times. Higher commute times can result in more accidents.

Occupation impacts prices - Do you have a high-stress occupation? Jobs like judges, architects, and emergency personnel have higher average rates due to intense work requirements and lengthy work days. Other careers like farmers, athletes and retirees have lower than average premiums.

Policy add-ons may be wasting money - There are a lot of extra add-on coverages that you can get tricked into buying if you don't pay attention. Things like rental car reimbursement, death and dismemberment, and motor club memberships are some examples. They may seem like a good idea initially, but your money might be better spent on other coverage so think about removing them and cutting costs.

Liability coverage limits are a factor - Your auto insurance policy's liability coverage is the coverage that protects you if ever a court rules you are at fault for damages from an accident. Liability insurance provides for a legal defense which can cost a lot. Liability insurance is pretty cheap compared to comp and collision, so drivers should make sure they buy enough to cover all assets.

Save money with higher deductibles - The deductibles define how much the insured will be required to pay if a claim is determined to be covered. Physical damage protection, also called 'full coverage', protects your car from damage. Some examples of claims that would be covered are collision with another vehicle, vandalism, and damage from wind. The more expense the insured has to pay upfront, the less money you will pay for auto insurance.

Insurance loss data for GMC Canyon vehicles - Insurance companies use statistical claims data when setting premium prices. Models that the statistics show to have increased losses will cost more for specific coverages. The data below shows the collected loss data for GMC Canyon vehicles.

For each type of coverage, the statistical loss for all vehicles averaged together is considered to be 100. Numbers under 100 indicate better than average losses, while percentage numbers above 100 indicate frequent claims or tendency to have higher losses.

Insurance Loss Ratings for GMC Canyon Vehicles
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
GMC Canyon Crew Cab 2WD 54 88
GMC Canyon Crew Cab 4WD 44 71
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

When to talk to an insurance agency

A lot of people still prefer to get professional advice from a licensed agent and that is a smart decision One of the benefits of getting online price quotes is the fact that drivers can get the best rates and also buy local.

Insurance agents in JacksonvilleOnce you complete this simple form, the coverage information is instantly submitted to companies in Jacksonville who will give competitive quotes for your insurance coverage. It simplifies rate comparisons since you won't have to contact an agency because quoted prices will be sent straight to your inbox. You can get cheaper insurance rates without a big time investment. If you wish to get a rate quote from one company in particular, feel free to find their quoting web page and give them your coverage information.

Deciding on an insurer shouldn't rely on just a cheap price quote. Any agent in Jacksonville should be willing to answer these questions.

  • Will they give you a referral list?
  • Are they paid to recommend certain coverages?
  • Will your rates increase after a single accident?
  • Does the company use OEM repair parts?
  • Will the quote change when the policy is issued?
  • Is working in the agency their full-time job?
  • If they are an independent agency in Jacksonville, which companies do they recommend?
  • Are you getting all the discounts the company offers?

The following are agents in Jacksonville that may be willing to give price quotes for GMC Canyon insurance in Jacksonville.

More Jacksonville agents

Car insurance protects more than just your car

Even though it can be expensive, insuring your vehicle is mandatory in Florida but it also protects more than you think.

First, just about all states have mandatory insurance requirements which means state laws require a specific minimum amount of liability insurance coverage in order to drive the car legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your GMC Canyon, more than likely the lender will require you to have full coverage to guarantee payment of the loan. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your GMC for a much higher rate and force you to pay for the much more expensive policy.

Third, car insurance protects not only your GMC Canyon but also your assets. It will also reimburse you for hospital and medical expenses incurred in an accident. One policy coverage, liability insurance, will also pay attorney fees if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of having insurance are definitely more than the cost, particularly for liability claims. According to a 2015 survey, the average American driver overpays more than $825 a year so compare rate quotes at every renewal to make sure the price is not too high.

Cover all your bases

A few companies may not provide online price quotes and usually these small insurance companies sell through local independent agents. Low-cost GMC Canyon insurance in Jacksonville can be sourced online and from local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.

As you restructure your insurance plan, you should never sacrifice coverage to reduce premiums. In too many instances, someone dropped comprehensive coverage or liability limits to discover at claim time that it was a big mistake. Your objective should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

In this article, we presented a lot of tips how to save on GMC Canyon insurance in Jacksonville. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting low cost Jacksonville auto insurance quotes. Drivers may even discover the best price on car insurance is with the least-expected company.

How to find affordable GMC Canyon insurance in Jacksonville

Really, the only way to get low-cost car insurance rates is to do a yearly price comparison from different companies who can sell car insurance in Jacksonville.

  1. Get an understanding of policy coverages and the steps you can take to drop your rates. Many factors that cause high rates such as careless driving and an imperfect credit score can be eliminated by making minor changes to your lifestyle.
  2. Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from a single company like Progressive and State Farm, while agents who are independent can quote rates for many different companies.
  3. Compare the new rate quotes to your existing coverage and see if you can save money. If you find a lower rate quote and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
  4. Provide written notification to your current company to cancel your current policy. Submit a down payment and signed policy application to your new insurance company. As soon as you receive it, put the new proof of insurance certificate in an easily accessible location in your vehicle.

A good tip to remember is to try to compare the same liability limits and deductibles on every price quote and and to look at as many carriers as you can. This guarantees an apples-to-apples comparison and the best price selection.

More information can be read below: