Chevrolet Traverse Insurance Rates

Estimated insurance rates for a Chevrolet Traverse are $1,186 a year for full coverage insurance. Comprehensive insurance costs on average $270 each year, collision costs $404, and liability coverage is $376. Liability-only insurance costs around $426 a year, with high-risk driver insurance costing $2,544 or more. Teenage drivers pay the most at $4,402 a year or more.

Average premium for full coverage: $1,186

Premium estimates by type of coverage:

These estimates include $500 policy deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all 50 states and Traverse models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. Rural areas are statistically proven to have lower incidents of physical damage claims than densely populated cities.

The graphic below illustrates how location helps determine car insurance rates.

These rate differences illustrate why all drivers should compare rates quotes based on a specific location, rather than using average rates.

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

Rates by State, City, and Model

The chart below illustrates estimated Chevrolet Traverse insurance rates for different risk profiles and scenarios.

• The best discount rate is $692
• Raising to $1,000 deductibles will save around $152 each year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,186
• Using low deductibles will cost an additional $294 each year
• Unlucky drivers who are prone to accidents and violations could pay upwards of $2,544 or more
• An auto insurance policy that insures a teenage driver may cost $4,402

View Chart as Image

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

If you have a few violations or you caused an accident, you are probably paying at a minimum $1,400 to $1,900 additional annually, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 132% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 every 12 months 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 should be prepared to pay upwards of $4,400 a year. View Rates by Age

Where you choose to live also has a big influence on Chevrolet Traverse insurance rates. A middle-age driver might find prices as low as $770 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,600 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $450 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $339 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out exactly what you will pay is to do a rate comparison and see how they stack up. Every auto insurance company uses a different method to calculate prices, and prices 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 Cheap Chevrolet Traverse Insurance

Finding better rates on auto insurance consists of being a good driver, having a good credit score, paying for small claims out-of-pocket, and insuring your home and auto with the same company. Compare prices at every policy renewal by quoting rates from direct insurance companies, and also from your local independent and exclusive agents.

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

• Consumers who require an increased level of liability coverage will pay an extra $410 annually to raise from 30/60 bodily injury limits to the 250/500 level
• It is possible to save as much as $140 per year simply by quoting online in advance
• Increasing policy deductibles can save approximately $450 each year
• Drivers age 16 to 20 pay higher prices, with premiums being up to $367 per month if comprehensive and collision insurance is included