Chevrolet Traverse Insurance Rates

Estimated insurance rates for a Chevrolet Traverse are $1,204 a year for full coverage. Comprehensive insurance costs an estimated $286 each year, collision costs $418, and liability coverage is estimated at $364. A policy with only liability insurance costs approximately $416 a year, with a high-risk policy costing $2,580 or more. Teens pay the most at $4,426 a year or more.

Average premium for full coverage: $1,204

Premium estimates broken down by type of coverage:

Rate estimates include $500 physical damage deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and Traverse models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on insurance rates. More rural locations are statistically proven to have lower incidents of accident claims than cities with more traffic congestion.

The graphic below illustrates how location impacts insurance prices.

These rate differences show why all drivers should get quotes for a targeted area, rather than using averaged prices.

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

Additional Rate Analysis

The chart below shows estimated Chevrolet Traverse insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $704
• Choosing higher $1,000 deductibles can save approximately $160 a year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,204
• Selecting low deductibles for comp and collision coverage will cost an additional $308 each year
• Drivers with serious driving violations could pay up to $2,580 or more
• An auto insurance policy that insures a teenage driver can cost as much as $4,426 each year

View Chart as Image

Car insurance prices for a Chevrolet Traverse also have a wide range based on the trim level and model year, how you drive, and liability limits and deductibles.

If you have a few violations or you caused an accident, you could be paying $1,400 to $1,900 extra annually, depending on your age. Insurance for high-risk drivers ranges around 43% to 130% more than the average policy. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will be charged at least $4,400 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Chevrolet Traverse insurance rates. A good driver about age 40 could pay as low as $800 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,720 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $470 a year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $327 extra every 12 months. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know which insurance company is cheapest is to do a rate comparison and see how they stack up. Each auto insurer calculates prices differently, so rate quotes will be substantially different.

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 the Best Chevrolet Traverse Insurance

Finding better rates on auto insurance takes being a safe and courteous driver, having a positive credit history, not filing small claims, and not having any coverage lapses. Compare rates at every policy renewal by requesting quotes from direct carriers, and also from your local independent and exclusive agents.

Below is a brief recap of the data touched on above.

• Consumers who want higher levels of liability will pay approximately $400 each year to raise limits from 30/60 bodily injury limits to the 250/500 level
• Drivers can save approximately $140 per year simply by quoting online in advance
• Increasing policy deductibles can save approximately $475 each year
• Teenage drivers have the highest car insurance prices, as much as $369 per month if full coverage is purchased