Unfortunately, the vast majority of insurance customers kept their coverage with the same insurance company for at least four years, and virtually 40% of consumers have never shopped around. With the average premium in California being $1,387, drivers could save themselves nearly $469 a year just by getting comparison quotes, but they just assume it’s a time-consuming process to save money by comparing rate quotes.
Truthfully, the best way to find the cheapest price for auto insurance rates is to regularly compare quotes from insurers who provide auto insurance in Riverside.
First, take a few minutes and learn about car insurance and the things you can change to keep rates in check. Many rating factors that cause rate increases like accidents, traffic violations, and an imperfect credit rating can be remedied by making small lifestyle or driving habit changes.
Second, request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or State Farm, while independent agents can give you price quotes from multiple sources.
Third, compare the new rates to your current policy premium and see if you can save money. If you find better rates and decide to switch, ensure there is no coverage lapse between policies.
Fourth, tell your current agent or company to cancel your current car insurance policy. Submit a completed policy application and payment to the new company. Once the paperwork is finalized, keep the new proof of insurance certificate with your registration paperwork.
A key point to remember is to make sure you enter identical coverages on each quote and and to get price estimates from as many different companies as possible. Doing this ensures an apples-to-apples comparison and a complete rate analysis.
Buy GMC Canyon Insurance More Affordably
The best way to find cheaper car insurance is to take a look at some of the factors that play a part in calculating car insurance rates. When consumers understand what controls the rates you pay, this allows you to make educated decisions that can earn you cheaper rates.
High coverage deductibles lower prices – Deductibles for physical damage tell how much you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some coverage claims would be a windshield broken by a bird, vandalism, and having a roll-over accident. The higher the amount you’re willing to pay, the less your company will charge you for insurance.
Younger driver insurance prices – Teen drivers in California tend to be careless and easily distracted when at the wheel of a vehicle so they pay higher car insurance rates. Older insureds tend to be more responsible, tend to file fewer claims, and are safer drivers.
The following data assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Prices for guys may be higher – Statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that males are worse at driving than females. Males and females tend to get into auto accidents in similar percentages, but men cause more damage and cost insurance companies more money. In addition to higher claims, males also get cited for more serious violations such as reckless driving. Young males generally have the highest accident percentage and therefore have the most expensive car insurance rates.
The example below illustrates the comparison of GMC Canyon auto insurance rates for male and female drivers. The costs are based on no claims, a clean driving record, full coverage, $250 deductibles, marital status is single, and no other discounts are factored in.
Lower rates for safer vehicles – Cars with high safety ratings cost less to insure. Vehicles built for safety protect occupants better and lower rates of occupant injuries means your insurance company pays less passed on to you as lower rates. If the GMC Canyon has at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
Save money with good credit – Your credit score will be a significant factor in calculating your premium rate. So if your credit history can use some improvement, you could pay less to insure your GMC Canyon by taking the time to improve your credit score. Insureds with very high credit ratings tend to be better risks to insure than drivers with bad credit.
Avoid tickets and save – Even a single citation can increase the cost of insurance by twenty percent. Careful drivers have lower premiums than their less careful counterparts. Drivers who have license-revoking tickets like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to prevent a license revocation.
The chart below illustrates how violations and at-fault claims increase GMC Canyon insurance costs for different age groups. The information is based on a single female driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
Insurance loss probability for a GMC Canyon – Companies include the past claim trends for vehicles when setting rates for each model. Models that the data shows to have a trend towards higher claims will have a higher premium rate.
The next table shows the historical insurance loss data for GMC Canyon vehicles. For each coverage category, the statistical loss for all vehicles, as an average, is equal to 100. Values below 100 mean the vehicle has better than average losses, while numbers above 100 indicate higher probability of having a loss or an increased chance of larger losses than average.
|Specific GMC 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|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Finding cheap auto insurance rates is not rocket science. The only requirement is to spend a few minutes on the computer comparing price quotes to find out which insurance company has affordable GMC Canyon insurance quotes.
The companies in the list below offer price comparisons in California. If multiple providers are shown, it’s highly recommended you visit as many as you can to get a more complete price comparison.
Statistics and details
The price information displayed next covers detailed analysis of insurance coverage prices for GMC Canyon models. Knowing how insurance rates are determined is important for drivers to make decisions on which insurance to purchase.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Canyon SLE Regular Cab 2WD||$256||$464||$500||$30||$150||$1,400||$117|
|Canyon SLE Ext Cab 2WD||$256||$564||$500||$30||$150||$1,500||$125|
|Canyon SLE Ext Cab Z71 2WD||$256||$564||$500||$30||$150||$1,500||$125|
|Canyon SLE Crew Cab 2WD||$256||$564||$500||$30||$150||$1,500||$125|
|Canyon SLE Regular Cab 4WD||$294||$464||$500||$30||$150||$1,438||$120|
|Canyon SLE Crew Cab Z71 2WD||$294||$564||$500||$30||$150||$1,538||$128|
|Canyon SLT Ext Cab 2WD||$294||$564||$500||$30||$150||$1,538||$128|
|Canyon SLE Ext Cab 4WD||$294||$464||$500||$30||$150||$1,438||$120|
|Canyon SLT Crew Cab 2WD||$294||$664||$500||$30||$150||$1,638||$137|
|Canyon SLE Ext Cab Z71 4WD||$294||$564||$500||$30||$150||$1,538||$128|
|Canyon SLE Crew Cab 4WD||$332||$564||$500||$30||$150||$1,576||$131|
|Canyon SLE Crew Cab Z71 4WD||$332||$564||$500||$30||$150||$1,576||$131|
|Canyon SLT Crew Cab 4WD||$332||$564||$500||$30||$150||$1,576||$131|
|Canyon SLT Ext Cab 4WD||$332||$564||$500||$30||$150||$1,576||$131|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Rate information does not factor in zip code location which can lower or raise premiums noticeably.
Analysis of deductible levels
One of the more difficult decisions when buying auto insurance is which comprehensive and collision deductibles to buy. The comparison tables below illustrate how much more rates are when you choose different physical damage coverage deductibles. The first set of prices uses a $100 deductible and the second price grid uses a $500 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Canyon SLE Regular Cab 2WD||$332||$564||$442||$26||$132||$1,521||$127|
|Canyon SLE Ext Cab 2WD||$332||$686||$442||$26||$132||$1,643||$137|
|Canyon SLE Ext Cab Z71 2WD||$332||$686||$442||$26||$132||$1,643||$137|
|Canyon SLE Crew Cab 2WD||$332||$686||$442||$26||$132||$1,643||$137|
|Canyon SLE Regular Cab 4WD||$380||$564||$442||$26||$132||$1,569||$131|
|Canyon SLE Crew Cab Z71 2WD||$380||$686||$442||$26||$132||$1,691||$141|
|Canyon SLT Ext Cab 2WD||$380||$686||$442||$26||$132||$1,691||$141|
|Canyon SLE Ext Cab 4WD||$380||$564||$442||$26||$132||$1,569||$131|
|Canyon SLT Crew Cab 2WD||$380||$810||$442||$26||$132||$1,815||$151|
|Canyon SLE Ext Cab Z71 4WD||$380||$686||$442||$26||$132||$1,691||$141|
|Canyon SLE Crew Cab 4WD||$430||$686||$442||$26||$132||$1,741||$145|
|Canyon SLE Crew Cab Z71 4WD||$430||$686||$442||$26||$132||$1,741||$145|
|Canyon SLT Crew Cab 4WD||$430||$686||$442||$26||$132||$1,741||$145|
|Canyon SLT Ext Cab 4WD||$430||$686||$442||$26||$132||$1,741||$145|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Canyon SLE Regular Cab 2WD||$242||$382||$442||$26||$132||$1,224||$102|
|Canyon SLE Ext Cab 2WD||$242||$464||$442||$26||$132||$1,306||$109|
|Canyon SLE Ext Cab Z71 2WD||$242||$464||$442||$26||$132||$1,306||$109|
|Canyon SLE Crew Cab 2WD||$242||$464||$442||$26||$132||$1,306||$109|
|Canyon SLE Regular Cab 4WD||$278||$382||$442||$26||$132||$1,260||$105|
|Canyon SLE Crew Cab Z71 2WD||$278||$464||$442||$26||$132||$1,342||$112|
|Canyon SLT Ext Cab 2WD||$278||$464||$442||$26||$132||$1,342||$112|
|Canyon SLE Ext Cab 4WD||$278||$382||$442||$26||$132||$1,260||$105|
|Canyon SLT Crew Cab 2WD||$278||$546||$442||$26||$132||$1,424||$119|
|Canyon SLE Ext Cab Z71 4WD||$278||$464||$442||$26||$132||$1,342||$112|
|Canyon SLE Crew Cab 4WD||$314||$464||$442||$26||$132||$1,378||$115|
|Canyon SLE Crew Cab Z71 4WD||$314||$464||$442||$26||$132||$1,378||$115|
|Canyon SLT Crew Cab 4WD||$314||$464||$442||$26||$132||$1,378||$115|
|Canyon SLT Ext Cab 4WD||$314||$464||$442||$26||$132||$1,378||$115|
|Get Your Own Custom Quote Go|
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Table data does not factor in vehicle location which can increase or decrease premium rates noticeably.
Based on the data above, we can derive that using a $100 deductible will cost you about $29 more each month or $348 a year than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 14 months between claims, you would save more money if you decide on a higher deductible.
Price comparison of only insuring for liability
The example below shows the comparison of GMC Canyon insurance prices with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no violations or accidents, $250 deductibles, drivers are not married, and no discounts are factored in.
When to drop comprehensive and collision coverage
There is no clear-cut rule to stop buying full coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your GMC Canyon replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $8,000 after paying your policy deductible. If it’s costing you more than $800 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are a few cases where dropping full coverage is not a good idea. If you still have a lienholder on your title, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not buy liability only.
Choosing Canyon insurance is an important decision
Even though it’s not necessarily cheap to insure a GMC in Riverside, paying for insurance is required by state law in California and it also provides benefits you may not be aware of.
- The majority of states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability protection if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your GMC, it’s most likely the lender will require that you have full coverage to guarantee loan repayment. If you do not keep the policy in force, the bank or lender will purchase a policy for your GMC at an extremely high rate and require you to reimburse them for the expensive policy.
- Insurance safeguards your vehicle and your assets. Insurance will also pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, your policy will pay to repair the damage.
The benefits of insuring your Canyon are without a doubt worth the cost, especially if you ever need it. The average driver in America is overpaying over $865 each year so you should quote your policy with other companies at every renewal to help ensure money is not being wasted.
Affordable Riverside auto insurance rates with discounts
Companies that sell car insurance don’t always advertise every possible discount very clearly, so the list below gives a summary of some of the more common and also the lesser-known credits available to you.
- Anti-lock Brake System – Cars, trucks, and SUVs with ABS and/or traction control have fewer accidents and will save you 10% or more on Canyon insurance in Riverside.
- Senior Citizen Rates – Drivers that qualify as senior citizens are able to get better auto insurance rates.
- Federal Government Employee – Simply working for the federal government can earn a discount up to 10% with some auto insurance companies.
- Lower Rates for Military – Having a family member in the military could qualify you for better auto insurance rates.
- Discount for Multiple Policies – If you have multiple policies with one insurance company you could earn a discount of up to 20% and get you inexpensive GMC Canyon insurance in Riverside.
- College Student – Children who attend college more than 100 miles from Riverside and do not take a car to college could qualify for this discount.
- Fewer Miles Equal More Savings – Fewer annual miles on your GMC could be rewarded with cheaper auto insurance rates.
- Own a Home – Simply owning a home can earn you a little savings because maintaining a house requires personal responsibility.
As a footnote on discounts, many deductions do not apply to the whole policy. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates all those discounts means the company will pay you, auto insurance companies aren’t that generous.
The information below visualizes the comparison of GMC Canyon car insurance costs with and without discounts applied. The premium estimates are based on a female driver, no violations or accidents, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, homeowner, safe-driver, and multi-policy discounts applied.
A few popular companies and a summarized list of policyholder discounts are outlined below.
- State Farm discounts include Drive Safe & Save, multiple autos, safe vehicle, accident-free, and passive restraint.
- Progressive has savings for multi-vehicle, multi-policy, online quote discount, homeowner, continuous coverage, and online signing.
- Progressive offers discounts for continuous coverage, homeowner, good student, multi-vehicle, online signing, and multi-policy.
- MetLife offers discounts including good driver, multi-policy, accident-free, defensive driver, and claim-free.
- Farm Bureau may offer discounts for multi-policy, multi-vehicle, renewal discount, good student, driver training, and 55 and retired.
- GEICO may include discounts for air bags, good student, seat belt use, daytime running lights, and federal employee.
- SAFECO offers premium reductions for drive less, multi-car, teen safety rewards, teen safe driver, bundle discounts, and homeowner.
Check with every insurance company how many discounts you can get. Some of the earlier mentioned discounts may not be available in your state. To find insurance companies with significant discounts in Riverside, click here.
You may want advice from a local insurance agent
Certain consumers prefer to talk to a local agent and that is recommended in a lot of cases Good agents can help determine the best coverages and help submit paperwork. One of the benefits of comparing car insurance online is that you can obtain cheaper auto insurance rates and still choose a local agent.
To help locate an agent, after submitting this simple form, your insurance coverage information is instantly submitted to local insurance agents who can give free rate quotes for your car insurance coverage. There is no need to leave your house as quotes are delivered immediately to you. If for some reason you want to get a price quote from a specific insurance company, you would need to navigate to their website and give them your coverage information.
Finding the right insurance company needs to be determined by more than just a cheap price. The following questions are important to ask.
- Is their price quote a firm figure or are their hidden costs?
- Are they in the agency full-time?
- Is the agent and/or agency licensed to do business in California?
- Which companies can they place coverage with?
- Is assistance available after office hours?
- In the event of vehicle damage, can you pick the collision repair facility?
- Do you need full coverage on every vehicle?
Independent or Exclusive: It’s your choice
If you would like to find a reliable agent, there are a couple of types of agencies and how they function. Agents in Riverside are classified as either independent or exclusive. Both types of agents can properly insure your vehicles, but it’s important to point out why they differ since it can affect your selection of an agent.
Exclusive Car Insurance Agents
Exclusive agencies can usually just insure with one company like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot provide prices from multiple companies so you need to shop around if the rates are high. These agents are highly trained on their company’s products which helps them compete with independent agents. A lot of people purchase coverage from exclusives mainly due to the brand name and strong financial ratings.
The following is a short list of exclusive agents in Riverside willing to provide price quotes.
- Lynne Dattilo – State Farm Insurance Agent
6560 Van Buren Boulevard a – Riverside, CA 92503 – (951) 689-3700 – View Map
- Allstate: Gene P. Johnson
7201 Arlington Ave – Riverside, CA 92503 – (951) 689-3211 – View Map
- Farmers Insurance – Sampson Cummings
10250 Indiana Ave – Riverside, CA 92503 – (951) 364-8020 – View Map
Independent Insurance Agents
Independent insurance agents do not have single company limitations so they have the ability to put coverage through lots of different companies and find you the best rates. If they find a cheaper price, the business is moved internally and that require little work on your part. When comparing car insurance rates, we highly recommend that you include price quotes from independent agents to ensure the widest selection of prices. Most have the option of insuring with small mutual carriers which can be an advantage.
Listed below are Riverside independent insurance agencies willing to provide price quotes.
- Chris Folsom Insurance Agency
3727 6th St – Riverside, CA 92501 – (951) 680-0575 – View Map
- Dashers Insurance Riverside
10066 Magnolia Ave – Riverside, CA 92503 – (951) 689-2445 – View Map
- Danmar Insurance Services
9899 Indiana Ave #101 – Riverside, CA 92503 – (951) 509-0509 – View Map
After you get answers to your satisfaction for all questions you ask as well as an affordable premium quote, you may have found a car insurance agent that meets the criteria to provide car insurance coverage. It’s important to know that you can cancel coverage whenever you wish so never feel that you’re stuck with any specific agency for a certain time period.
What is the best auto insurance company in Riverside?
Picking a highly-rated car insurance company can be difficult considering how many companies provide coverage in California. The company ratings displayed below can help you select which coverage providers to look at when looking for cheaper rates.
Top 10 Riverside Car Insurance Companies Ranked by Customer Service
- AAA of Southern California
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Will just any policy work for me?
When it comes to buying proper insurance coverage, there is no one-size-fits-all type of policy. You are unique and your insurance should unique, too.
For instance, these questions might point out if your insurance needs could use an agent’s help.
- Does my car insurance cover rental cars?
- Will my GMC Canyon be repaired with OEM or aftermarket parts?
- What is no-fault insurance?
- Am I covered if I drive in a foreign country?
- Will I lose any money if I cancel my policy before it expires?
- Who does medical payments coverage extend to?
- How many claims can I have before being canceled?
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Cover all your bases
Some insurance providers may not provide rates over the internet and usually these small insurance companies only sell through independent agencies. Cheaper auto insurance in Riverside is available online and also from your neighborhood Riverside agents, and you need to comparison shop both to get a complete price analysis.
As you prepare to switch companies, don’t be tempted to reduce coverage to reduce premium. In too many instances, someone dropped collision coverage only to find out that the few dollars in savings costed them thousands. Your objective should be to get the best coverage possible at an affordable rate.
For more information, feel free to visit the following helpful articles:
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for Business Use in Riverside? (FAQ)
- Who Has Affordable Riverside Auto Insurance Quotes for Welfare Recipients? (FAQ)
- Who Has Affordable Riverside Auto Insurance Quotes for a 20 Year Old Female? (FAQ)
- Who Has Cheap Car Insurance Quotes for a Hyundai Elantra in Riverside? (FAQ)
- Who Has Affordable Riverside Car Insurance for a Toyota Tacoma? (FAQ)
- Who Has the Cheapest Riverside Car Insurance for First-time Drivers? (FAQ)
- What Auto Insurance is Cheapest with Multiple Speeding Tickets in Riverside? (FAQ)
- Who Has Affordable Riverside Auto Insurance for a Company Car? (FAQ)
- Teen Driving and Texting (State Farm)
- Determining Auto Insurance Rates (GEICO)