How to Save on GMC Canyon Insurance in San Antonio

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Insurance rates GMC Canyon in San AntonioWould you like to save money by finding lower-priced GMC Canyon insurance in San Antonio? Searching for the cheapest insurance for a GMC Canyon in Texas can normally be a painful process, but you can use a few tricks to save time. There is a better way to find car insurance online so we're going to tell you the proper way to price shop coverage for a new or used GMC and get the best price possible from San Antonio insurance agents and online providers.

You should take the time to take a look at other company's rates once or twice a year since rates tend to go up over time. If you had the lowest premium rates on GMC Canyon insurance in San Antonio a few years ago the chances are good that you can find a lower price today. Forget anything you know (or think you know) about car insurance because you're about to learn the easiest way to find better coverage on GMC Canyon insurance in San Antonio at a better price.

How to get low cost GMC Canyon insurance in San Antonio, Texas

The companies shown below are ready to provide price comparisons in Texas. If multiple companies are shown, we suggest you get rate quotes from several of them to get a more complete price comparison.

San Antonio auto insurance discounts

Auto insurance is not an enjoyable expense, but there's a good chance there are discounts that you may not even know about. Many of these discounts will be applied automatically when you complete an application, but less common discounts must be asked for before being credited.Cheaper auto insurance with discounts

  • Resident Student - Children who are enrolled in a college that is more than 100 miles from San Antonio and do not take a car to college may be able to be covered for less.
  • Lower Rates for Military - Being deployed in the military could trigger a small discount.
  • ABS and Traction Control Discounts - Cars and trucks equipped with ABS or steering control are safer to drive and will save you 10% or more on Canyon insurance in San Antonio.
  • Discounts for Multiple Vehicles - Insuring more than one vehicle on one policy may reduce the rate for each vehicle.
  • Homeowners Savings - Owning your own home or condo can get you a discount because it is proof that your finances are in order.
  • Early Signing - Some larger companies reward drivers for buying a policy prior to your current Canyon insurance policy expiring. This discount can save up to 10%.
  • Seat Belts Save - Forcing all vehicle occupants to use their safety belts can save a little on the premium charged for medical payments and/or PIP.

Don't be shocked that most credits do not apply to the whole policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears you could get a free auto insurance policy, companies wouldn't make money that way.

The diagram below illustrates the difference between GMC Canyon auto insurance rates with and without discounts applied. The rate quotes are based on a male driver, no claims or driving citations, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, marriage, multi-policy, and claim-free discounts applied.

Large auto insurance companies and some of the premium reductions they offer include:

  • Progressive discounts include multi-vehicle, continuous coverage, online signing, homeowner, good student, multi-policy, and online quote discount.
  • AAA offers premium reductions for good student, education and occupation, anti-theft, AAA membership discount, multi-policy, pay-in-full, and good driver.
  • Farmers Insurance policyholders can earn discounts including homeowner, teen driver, alternative fuel, good student, mature driver, and multi-car.
  • GEICO has savings for five-year accident-free, anti-lock brakes, federal employee, driver training, and defensive driver.
  • Esurance may offer discounts for Pac-12 alumni, multi-policy, emergency road assistance, defensive driver, and good student.
  • SAFECO may have discounts that include multi-car, homeowner, accident prevention training, teen safety rewards, bundle discounts, and drive less.
  • State Farm includes discounts for Drive Safe & Save, multiple policy, Steer Clear safe driver discount, good student, good driver, and accident-free.

When quoting, ask all companies you are considering which discounts they offer. Some credits may not apply to policies in San Antonio. To view auto insurance companies that offer the discounts shown above in San Antonio, follow this link.

GMC Canyon insurance charts and tables

The rate table below highlights different rate quotes for GMC Canyon models. Learning more about how premiums are figured can assist in making smart policy decisions.

GMC Canyon Insurance Rates in San Antonio, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Canyon SLE Regular Cab 2WD $284 $502 $514 $30 $154 $1,484 $124
Canyon SLE Ext Cab 2WD $284 $610 $514 $30 $154 $1,592 $133
Canyon SLE Ext Cab Z71 2WD $284 $610 $514 $30 $154 $1,592 $133
Canyon SLE Crew Cab 2WD $284 $610 $514 $30 $154 $1,592 $133
Canyon SLE Regular Cab 4WD $326 $502 $514 $30 $154 $1,526 $127
Canyon SLE Crew Cab Z71 2WD $326 $610 $514 $30 $154 $1,634 $136
Canyon SLT Ext Cab 2WD $326 $610 $514 $30 $154 $1,634 $136
Canyon SLE Ext Cab 4WD $326 $502 $514 $30 $154 $1,526 $127
Canyon SLT Crew Cab 2WD $326 $720 $514 $30 $154 $1,744 $145
Canyon SLE Ext Cab Z71 4WD $326 $610 $514 $30 $154 $1,634 $136
Canyon SLE Crew Cab 4WD $368 $610 $514 $30 $154 $1,676 $140
Canyon SLE Crew Cab Z71 4WD $368 $610 $514 $30 $154 $1,676 $140
Canyon SLT Crew Cab 4WD $368 $610 $514 $30 $154 $1,676 $140
Canyon SLT Ext Cab 4WD $368 $610 $514 $30 $154 $1,676 $140
Get Your Own Custom Quote Go

Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Price estimates do not factor in specific garaging location which can decrease or increase insurance rates substantially.

Deductible comparison

When buying auto insurance, a common question is what deductibles to buy. The comparisons below can help you visualize the difference in cost of buying low and high deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.

GMC Canyon insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Canyon SLE Regular Cab 2WD $256 $408 $382 $22 $114 $1,207 $101
Canyon SLE Ext Cab 2WD $256 $496 $382 $22 $114 $1,295 $108
Canyon SLE Ext Cab Z71 2WD $256 $496 $382 $22 $114 $1,295 $108
Canyon SLE Crew Cab 2WD $256 $496 $382 $22 $114 $1,295 $108
Canyon SLE Regular Cab 4WD $294 $408 $382 $22 $114 $1,245 $104
Canyon SLE Crew Cab Z71 2WD $294 $496 $382 $22 $114 $1,333 $111
Canyon SLT Ext Cab 2WD $294 $496 $382 $22 $114 $1,333 $111
Canyon SLE Ext Cab 4WD $294 $408 $382 $22 $114 $1,245 $104
Canyon SLT Crew Cab 2WD $294 $584 $382 $22 $114 $1,421 $118
Canyon SLE Ext Cab Z71 4WD $294 $496 $382 $22 $114 $1,333 $111
Canyon SLE Crew Cab 4WD $332 $496 $382 $22 $114 $1,371 $114
Canyon SLE Crew Cab Z71 4WD $332 $496 $382 $22 $114 $1,371 $114
Canyon SLT Crew Cab 4WD $332 $496 $382 $22 $114 $1,371 $114
Canyon SLT Ext Cab 4WD $332 $496 $382 $22 $114 $1,371 $114
Get Your Own Custom Quote Go
GMC Canyon insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Canyon SLE Regular Cab 2WD $158 $256 $382 $22 $114 $932 $78
Canyon SLE Ext Cab 2WD $158 $312 $382 $22 $114 $988 $82
Canyon SLE Ext Cab Z71 2WD $158 $312 $382 $22 $114 $988 $82
Canyon SLE Crew Cab 2WD $158 $312 $382 $22 $114 $988 $82
Canyon SLE Regular Cab 4WD $182 $256 $382 $22 $114 $956 $80
Canyon SLE Crew Cab Z71 2WD $182 $312 $382 $22 $114 $1,012 $84
Canyon SLT Ext Cab 2WD $182 $312 $382 $22 $114 $1,012 $84
Canyon SLE Ext Cab 4WD $182 $256 $382 $22 $114 $956 $80
Canyon SLT Crew Cab 2WD $182 $368 $382 $22 $114 $1,068 $89
Canyon SLE Ext Cab Z71 4WD $182 $312 $382 $22 $114 $1,012 $84
Canyon SLE Crew Cab 4WD $206 $312 $382 $22 $114 $1,036 $86
Canyon SLE Crew Cab Z71 4WD $206 $312 $382 $22 $114 $1,036 $86
Canyon SLT Crew Cab 4WD $206 $312 $382 $22 $114 $1,036 $86
Canyon SLT Ext Cab 4WD $206 $312 $382 $22 $114 $1,036 $86
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Premium amounts do not factor in your specific San Antonio location which can increase or decrease rates substantially.

Based on this data, using a $250 deductible will cost you roughly $26 more each month or $312 each year averaged for all Canyon models than selecting the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 29 months between claims, you would most likely save money if you decide on a higher deductible. The illustration below shows how you can do this calculation yourself.

Average monthly premium for $250 deductibles: $110
Average monthly premium for $1,000 deductibles (subtract): - $84
Monthly savings from raising deductible: $26
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 29 months

One important note is that increasing deductibles to lower your rates results in a higher out-of-pocket expense if you have a claim. You should have some savings in the bank in the event you have to pay the deductible.

The illustration below demonstrates how choosing different deductibles and can raise or lower GMC Canyon insurance prices for each age group. The premiums are based on a married female driver, full coverage, and no policy discounts are applied.

Careless drivers pay higher rates

The illustration below shows how speeding tickets and at-fault accidents raise GMC Canyon annual premium costs for each different age category. The data assumes a single male driver, full coverage, $250 deductibles, and no discounts are factored in.

Compare rates but still have a local San Antonio insurance agency

Many drivers prefer to talk to a local agent. Agents are trained risk managers and give you someone to call. A nice benefit of comparing insurance online is that you can obtain cheaper premium rates and still buy from a local agent.

Find insurance agent in San AntonioTo make it easy to find an agent, after completing this form (opens in new window), the coverage information is emailed to local insurance agents in San Antonio who want to provide quotes for your insurance coverage. There is no reason to leave your computer as quotes are delivered immediately to your email address. In the event you want to get a rate quote from one company in particular, you can always go to their quote page and fill out their quote form.

Choosing the best insurance company requires you to look at more than just the quoted price. Any agent in San Antonio should have no problem answering these questions:

  • Are claim adjusters local or do you have to take your car somewhere else?
  • Can they provide you with a list of referrals?
  • Is there any savings for paying the full premium?
  • Do you have coverage for a rental car if your vehicle is in the repair shop?
  • How many years have they been established?
  • How often do they review coverages?
  • Do they have cheaper tiers of coverage?
  • Do they have 24-hour customer assistance?

If you want a good insurance agency, it helps to know the two types of agencies that you can select. Agents can either be exclusive or independent. Both can sell and service insurance coverage, but it is important to understand why they differ because it can impact buying decisions.

Exclusive Agencies

Agents in the exclusive channel normally can only provide a single company's rates and examples are AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot provide other company's prices so if the price isn't competitive there isn't much they can do. Exclusive agencies are well trained on their company's products which helps offset the inability to provide other markets. Drivers often use the same exclusive agent partially due to the prominent brand name instead of buying on price only.

Listed below are San Antonio exclusive insurance agencies that are able to give price quote information.

View more agents

Independent Insurance Agents

Independent agents are not employed by one company so they can quote policies through lots of different companies and find you the best rates. If your agent finds better pricing, they can switch companies in-house and you don't have to do anything. When searching for an agent, we recommend you compare prices from at least one independent agent to get the best comparison. Most also have access to smaller companies that may provide cheaper insurance rates.

Shown below is a list of independent agents in San Antonio that are able to give price quote information.

View more agents

Learn How to Lower Your Insurance Premiums

Lots of things are used when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, although some other factors are not as apparent like your continuous coverage or how safe your car is.

The following are a few of the "ingredients" companies use to determine premiums.

Poor credit decisions can cost you - A driver's credit score can be an important factor in calculating your auto insurance rates. Drivers who have high credit scores tend to be better risks to insure than drivers who have lower credit scores. Therefore, if your credit rating leaves room for improvement, you may save money insuring your GMC Canyon by spending a little time repairing your credit.

Companies want multiple policies - Most larger auto insurance companies allow lower prices to clients who have multiple policies with them, otherwise known as a multi-policy discount. The discount can add up to ten percent or more. Even if you qualify for this discount already, it's always a smart idea to check prices from other companies to ensure the best deal.

High performance vehicles cost more to insure - The type of car, truck or SUV you own makes a huge difference in determining your rates. The lowest rates will generally be found on small economy passenger cars, but the cost you end up paying is determined by many additional factors.

The next chart uses these assumptions: married male driver age 40, full coverage with $1000 deductibles, and no discounts or violations. It shows GMC Canyon insurance premiums compared to other models of vehicles that have different performance risks.

Keep auto insurance rates low by being claim-free - Insurance companies in Texas give the lowest premiums to drivers who do not file claims often. If you are the type of insured that files lots of claims you can expect much higher rates or policy non-renewal. Your insurance policy is designed for claims that pose a financial burden.

GMC Canyon insurance loss probability - Insurers analyze claim trends for every vehicle to help set a rate to offset losses. Vehicles that the statistics show to have higher claim frequency or loss amount will have increased rates. The information below illustrates the compiled insurance loss statistics for GMC Canyon vehicles.

For each insurance policy coverage type, the claim probability for all vehicles as a whole equals 100. Values below 100 imply a favorable loss record, while numbers above 100 indicate a higher chance of having a claim or statistically larger claims.

GMC Canyon Insurance Claim Statistics
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

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

Insurance in Texas serves several purposes

Even though it can be expensive, insurance serves an important purpose.

  • Most states have minimum liability requirements which means you are required to buy a specific minimum amount of liability protection if you want to drive legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If you bought your Canyon with a loan, it's most likely the lender will make it a condition of the loan that you have physical damage coverage to guarantee loan repayment. If you default on your policy, the lender will be forced to insure your GMC at a more expensive rate and require you to fork over for the expensive policy.
  • Insurance safeguards both your GMC Canyon and your personal assets. It will also reimburse you for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.

The benefits of carrying adequate insurance are definitely more than the cost, especially for larger claims. According to a 2015 survey, the average American driver is overpaying over $865 each year so smart consumers compare quotes at least once a year to ensure rates are inline.

You can find cheap coverage

As you quote San Antonio auto insurance, you should never reduce needed coverages to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits only to find out that the few dollars in savings costed them thousands. The goal is to find the BEST coverage for the lowest price while still protecting your assets.

More affordable insurance in San Antonio can be purchased on the web and from local agencies, and you should compare rates from both so you have a total pricing picture. Some companies may not offer internet price quotes and usually these regional insurance providers work with local independent agencies.

In this article, we presented a lot of ways to get a better price on GMC Canyon insurance in San Antonio. The key concept to understand is the more rate quotes you have, the better likelihood of getting low cost San Antonio auto insurance quotes. Consumers could even find that the biggest savings come from a smaller regional carrier.

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