Save on GMC Canyon Insurance in Riverside

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.

Insurance for GMC CanyonTruthfully, 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.

GMC Canyon Insurance Loss Statistics
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 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.

GMC Canyon Insurance Rates in Riverside, CA
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.

GMC Canyon insurance policy rates with $100 deductibles
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

GMC Canyon insurance policy rates with $500 deductibles
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 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.Auto insurance discounts

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.

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.

Insurance agency in RiversideTo 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.

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.

View more Riverside agents

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.

View more Riverside agents

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

  1. AAA of Southern California
  2. GEICO
  3. State Farm
  4. The Hartford
  5. Mercury Insurance
  6. The General
  7. Progressive
  8. Allstate
  9. AAA Insurance
  10. 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.Insurance savings
For instance, these questions might point out if your insurance needs could use an agent’s help.

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.

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