Chevrolet Traverse Insurance Rates

The average insurance rates for a Chevrolet Traverse are $1,204 a year including full coverage. Comprehensive insurance costs approximately $286, collision costs $418, and liability coverage is estimated at $364. Liability-only insurance costs approximately $416 a year, with high-risk driver insurance costing $2,580 or more. Teenage drivers cost the most to insure at $4,426 a year or more.

Average premium for full coverage: $1,204

Policy rates by type of insurance:

Prices are based on $500 physical damage insurance deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities.

The price range example below illustrates how geographic area affects auto insurance prices.

The examples above highlight why anyone shopping for car insurance should get quotes using their specific location, rather than using average rates.

Use the form below to get customized rates for your location.

More Rate Details

The chart below breaks down estimated Chevrolet Traverse insurance rates for additional coverage and risk scenarios.

• The best discount rate is $704
• Choosing higher $1,000 deductibles can save $160 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,204
• Using more expensive low deductibles for comp and collision coverage will cost an additional $308 each year
• Drivers who are prone to accidents and violations could pay around $2,580 or more
• Policy cost that insures a teenage driver with full coverage can cost $4,426 each year

View Chart as Image

Auto insurance rates for a Chevrolet Traverse also range considerably based on the model year and trim level, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,400 to $1,900 in extra premium every year, depending on your age. High-risk driver insurance ranges around 43% to 130% more than a normal policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay in the ballpark of $4,400 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Traverse insurance rates. A good driver about age 40 could pay as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,720 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $470 a year, while increasing your policy's liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $327 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to compare rates and see how they stack up. Each auto insurer uses a different method to calculate rates, and quoted rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2021 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Affordable Chevrolet Traverse Insurance

Finding cheaper rates on auto insurance takes being a low-risk driver, maintaining a good credit score, paying for small claims out-of-pocket, and not having any coverage lapses. Compare prices every couple of years by getting rate quotes from direct car insurance companies, and also from local auto insurance providers.

The items below are a brief review of the material that was presented in the illustrations above.

• Consumers who purchase more liability coverage will pay an extra $400 per year to raise limits from a 30/60 limit to the 250/500 level
• Teen drivers have the highest car insurance rates, with premiums being up to $369 each month if the policy includes full coverage
• Drivers with DUI or reckless driving convictions will likely pay on average $1,380 more per year to insure their Traverse
• Increasing comprehensive and collision deductibles can save approximately $475 each year