Chevrolet Traverse Insurance Rates

The average insurance prices for a Chevrolet Traverse are $1,186 every 12 months including full coverage. Comprehensive costs an estimated $270, collision insurance costs $404, and liability insurance costs $376. Liability-only coverage costs as little as $426 a year, and high-risk coverage costs around $2,544. Teen drivers cost the most to insure at up to $4,402 a year.

Average premium for full coverage: $1,186

Policy rates broken down by type of insurance:

Prices are based on $500 comprehensive and collision deductibles, liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for different Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than larger metro areas. The price range example below illustrates how rural and urban location affects insurance prices.

The examples above highlight why anyone shopping for car insurance should compare rates for a targeted area and their own driving history, rather than relying on price averages.

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

Additional Rate Details

The chart below breaks down average Chevrolet Traverse insurance rates for other coverage scenarios.

• The lowest rate with discounts is $692
• Drivers who choose higher $1,000 deductibles will pay approximately $152 every year
• The average price for a good driver age 40 who has $500 deductibles is $1,186
• Choosing more expensive low deductibles for comprehensive and collision insurance increases the price to $1,480
• High risk drivers with multiple violations and an at-fault accident could pay up to $2,544
• Policy cost to insure a teen driver with full coverage can cost as much as $4,402 a year

View Chart as Image

Insurance rates for a Chevrolet Traverse also range considerably based on liability limits and deductibles, your driving characteristics, and the model year and trim level.

Choosing high deductibles could save up to $450 each year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $339 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay at least $4,400 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying $1,400 to $1,900 additional every year, depending on your age. High-risk driver insurance can cost anywhere from 43% to 132% more than average. View High Risk Driver Rates

Your home state makes a big difference in Chevrolet Traverse insurance rates. A 40-year-old driver could pay as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,690 on average in Louisiana, New York, and Michigan.

View Chart as Image

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 Shop for Affordable Chevrolet Traverse Insurance

Finding cheaper rates on Chevrolet Traverse insurance not only requires having a decent driving record, but also having above-average credit, paying for small claims out-of-pocket, and possibly raising deductibles. Set aside time to shop around once a year by obtaining price quotes from direct car insurance companies, and also from local insurance agencies.

The following items are a brief review of the data that was raised in the charts and tables above.

• You may be able to save approximately $140 per year just by shopping early and online
• Drivers who want additional liability coverage will pay about $410 per year to go from a 30/60 limit to a 250/500 level
• 16 to 18-year-old drivers are expensive to insure, with premiums being up to $367 each month if full coverage is included
• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,360 more annually than a driver with a clean driving record