Chevrolet Traverse Insurance Rates

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View 2020 Chevrolet Traverse Insurance Quotes in 2025

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UPDATED: Apr 7, 2024

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Chevrolet Traverse insurance

Average insurance rates for a Chevrolet Traverse are $1,204 a year for full coverage insurance. Comprehensive insurance costs approximately $286 a year, collision insurance costs $418, and liability costs $364. A policy with just liability insurance costs as little as $416 a year, and coverage for high-risk drivers costs $2,580 or more. Teen drivers receive the highest rates at up to $4,426 a year.

Average premium for full coverage: $1,204

Rate estimates by individual coverage type:

Comprehensive $286
Collision $418
Liability $364

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and Traverse trim levels.

Price Range by Coverage and Risk

For a driver in their 40's, prices range range from the low end price of $416 for just liability coverage to a high of $2,580 for a driver required to buy high-risk insurance.

Liability Only $416
Full Coverage $1,204
High Risk $2,580

Price Range by Location

Your location can have significant affects on the price of auto insurance. Rural locations tend to have lower incidents of physical damage claims than larger metro areas. The diagram below illustrates how location helps determine auto insurance prices.

Rural Areas $903
Small Cities $1,264
Large Cities $1,625

These examples illustrate why it is important to compare rates using their specific location, instead of using price averages.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Detailed Rate Analysis

The chart below illustrates average Chevrolet Traverse insurance rates for additional coverage and risk scenarios.

  • The lowest rate with discounts is $704
  • Drivers who choose higher $1,000 deductibles will pay $1,044 each year
  • The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,204
  • Choosing low $100 deductibles for comprehensive and collision insurance will cost an additional $308 every year
  • Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,580
  • The cost that insures a teen driver can cost $4,426 a year

View Chart as Image

Chevrolet Traverse insurance cost comparison chart
Column chart showing Chevrolet Traverse insurance prices range from $704 to $4,426 for full coverage

Insurance rates for a Chevrolet Traverse can also vary considerably based on the trim level of your Traverse, your age and driving record, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you are probably paying anywhere from $1,400 to $1,900 additional per year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 130% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,400 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Traverse insurance prices. A 40-year-old driver could pay as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,620 on average in Florida, New York, and Michigan.

Chevrolet Traverse Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,088 -$116 -9.6%
Alaska $924 -$280 -23.3%
Arizona $1,000 -$204 -16.9%
Arkansas $1,204 -$0 0.0%
California $1,372 $168 14.0%
Colorado $1,150 -$54 -4.5%
Connecticut $1,236 $32 2.7%
Delaware $1,362 $158 13.1%
Florida $1,504 $300 24.9%
Georgia $1,114 -$90 -7.5%
Hawaii $866 -$338 -28.1%
Idaho $818 -$386 -32.1%
Illinois $898 -$306 -25.4%
Indiana $910 -$294 -24.4%
Iowa $812 -$392 -32.6%
Kansas $1,144 -$60 -5.0%
Kentucky $1,642 $438 36.4%
Louisiana $1,784 $580 48.2%
Maine $744 -$460 -38.2%
Maryland $996 -$208 -17.3%
Massachusetts $960 -$244 -20.3%
Michigan $2,090 $886 73.6%
Minnesota $1,010 -$194 -16.1%
Mississippi $1,444 $240 19.9%
Missouri $1,070 -$134 -11.1%
Montana $1,294 $90 7.5%
Nebraska $950 -$254 -21.1%
Nevada $1,444 $240 19.9%
New Hampshire $868 -$336 -27.9%
New Jersey $1,348 $144 12.0%
New Mexico $1,066 -$138 -11.5%
New York $1,266 $62 5.1%
North Carolina $692 -$512 -42.5%
North Dakota $986 -$218 -18.1%
Ohio $830 -$374 -31.1%
Oklahoma $1,236 $32 2.7%
Oregon $1,104 -$100 -8.3%
Pennsylvania $1,146 -$58 -4.8%
Rhode Island $1,606 $402 33.4%
South Carolina $1,090 -$114 -9.5%
South Dakota $1,018 -$186 -15.4%
Tennessee $1,054 -$150 -12.5%
Texas $1,452 $248 20.6%
Utah $892 -$312 -25.9%
Vermont $824 -$380 -31.6%
Virginia $720 -$484 -40.2%
Washington $928 -$276 -22.9%
West Virginia $1,104 -$100 -8.3%
Wisconsin $832 -$372 -30.9%
Wyoming $1,070 -$134 -11.1%

View Chart as Image

Chevrolet Traverse insurance rates by U.S. city

Choosing high deductibles could save up to $470 every year, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $327 more each year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Chevrolet Traverse Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Chevrolet Traverse LS 2WD $1,124 $94
Chevrolet Traverse LS AWD $1,164 $97
Chevrolet Traverse LT 2WD $1,164 $97
Chevrolet Traverse LT AWD $1,232 $103
Chevrolet Traverse LTZ 2WD $1,272 $106
Chevrolet Traverse LTZ AWD $1,272 $106

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.

Chevrolet Traverse Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Chevrolet Traverse $320 $452 $332 $1,240
2023 Chevrolet Traverse $306 $448 $338 $1,228
2022 Chevrolet Traverse $296 $436 $354 $1,222
2021 Chevrolet Traverse $286 $418 $364 $1,204
2020 Chevrolet Traverse $270 $404 $376 $1,186
2019 Chevrolet Traverse $260 $374 $384 $1,154
2018 Chevrolet Traverse $250 $352 $388 $1,126
2017 Chevrolet Traverse $240 $316 $390 $1,082
2016 Chevrolet Traverse $224 $292 $390 $1,042
2015 Chevrolet Traverse $216 $272 $394 $1,018
2014 Chevrolet Traverse $210 $254 $402 $1,002
2013 Chevrolet Traverse $194 $236 $402 $968
2012 Chevrolet Traverse $190 $214 $406 $946
2011 Chevrolet Traverse $176 $196 $402 $910
2010 Chevrolet Traverse $166 $178 $402 $882
2009 Chevrolet Traverse $162 $160 $398 $856

Rates are averaged for all Chevrolet Traverse models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find the Best Chevrolet Traverse Insurance

Saving money on car insurance not only requires being a good driver, but also having a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Shop around at every policy renewal by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The following list is a brief recap of the data covered in the charts and tables above.

  • Policyholders who purchase an increased level of liability coverage will pay about $400 annually to go from a minimum limit to the 250/500 level
  • It is possible to save around $140 per year just by quoting early and online
  • Increasing deductibles can save approximately $475 each year
  • Drivers age 16 to 20 are the costliest to insure, costing up to $369 per month if comprehensive and collision insurance is included

Rates by Driver Age

Chevrolet Traverse Insurance Rates by Driver Age
Driver Age Premium
16 $4,426
20 $2,732
30 $1,254
40 $1,204
50 $1,100
60 $1,078

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Traverse Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,512
$250 $1,370
$500 $1,204
$1,000 $1,044

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Traverse Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,204
50/100 $1,345
100/300 $1,436
250/500 $1,672
100 CSL $1,381
300 CSL $1,581
500 CSL $1,727

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Traverse Insurance Rates for High Risk Drivers
Age Premium
16 $6,312
20 $4,340
30 $2,634
40 $2,580
50 $2,456
60 $2,432

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $162

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $64
Multi-vehicle $61
Homeowner $18
5-yr Accident Free $85
5-yr Claim Free $77
Paid in Full/EFT $53
Advance Quote $57
Online Quote $85
Total Discounts $500
Rate after discounts $704

Discounts are estimated and may not be available from every company or in every state.

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