Chevrolet Traverse Insurance Rates

Estimated insurance rates for a Chevrolet Traverse are $1,186 a year including full coverage. Comprehensive costs on average $270 a year, collision insurance costs $404, and liability coverage is estimated at $376. A liability-only policy costs approximately $426 a year, and high-risk insurance costs around $2,544. Teenage drivers pay the most at up to $4,402 a year.

Average premium for full coverage: $1,186

Premium estimates by type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 U.S. states and Traverse trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on car insurance rates. Rural areas are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities. The diagram below illustrates how location impacts car insurance rates.

These rate differences highlight why it is important to get quotes based on a specific location, rather than using average rates.

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

Rate Comparisons

The chart below breaks down average Chevrolet Traverse insurance rates for different risk profiles and scenarios.

• The best discount rate is $692
• Choosing higher $1,000 deductibles can save around $1,034 every year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,186
• Using low $100 deductibles for comp and collision coverage bumps up the cost to $1,480
• Drivers who are prone to accidents and violations could pay upwards of $2,544
• An auto insurance policy that insures a teenage driver may cost $4,402 each year

View Chart as Image

Auto insurance prices for a Chevrolet Traverse also have a wide range based on the trim level of your Traverse, your driving record and age, and policy deductibles and limits.

If you have a few violations or you caused an accident, you are likely paying at a minimum $1,400 to $1,900 in extra premium annually, depending on your age. A high-risk auto insurance policy ranges around 43% to 132% more than a normal policy. View High Risk Driver Rates

Older drivers 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. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay upwards of $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 $910 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles can save as much as $450 a year, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $339 extra every year. View Rates by Deductible or Liability Limit

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 having a decent driving record, maintaining a good credit score, refrain from filing small claims, and deciding if full coverage is necessary. Compare prices at every policy renewal by quoting rates from direct car insurance companies, and also from insurance agencies where you live.

The following items are a brief recap of the data touched on above.

• Consumers who require additional liability coverage will pay an extra $410 per year to raise limits from 30/60 bodily injury limits to the 250/500 level
• You may be able to save as much as $140 per year just by quoting early and online
• Increasing policy deductibles can save approximately $450 each year
• 16 to 18-year-old drivers are charged the highest prices, with the cost nearing $367 per month if the policy includes full coverage