Chevrolet Traverse Insurance Rates

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

Average premium for full coverage: $1,186

Policy rates broken down by type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for all Traverse models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than larger metro areas.

The example below illustrates the difference between rural and urban areas on insurance prices.

The examples above highlight why everyone should compare prices for a targeted area and their own driving history, rather than using price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $692
• Using higher $1,000 deductibles will save approximately $152 every year
• The average price for a good driver age 40 who has $500 deductibles is $1,186
• Choosing pricier low deductibles for physical damage coverage costs an extra $294 each year
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,544 or more
• Policy cost to insure a teenage driver for full coverage can cost as much as $4,402 or more

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 cut rates by as much as $450 a year, whereas buying more liability protection 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

A more mature driver with no violations or accidents and higher deductibles may only pay around $1,100 a year, 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. Chevrolet Traverse insurance for high-risk drivers can be around 43% to 132% more than average. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Traverse insurance rates. A driver around age 40 might see rates 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

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to regularly compare rates and see how they stack up. Each insurance company uses a different rate calculation, and rates will be varied.

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 the Best Chevrolet Traverse Insurance

Finding cheaper rates on auto insurance requires avoiding accidents and violations, having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Set aside time to compare rates every other policy renewal by requesting quotes from direct car insurance companies, and also from local insurance agencies.

The list below is a brief recap of the ideas that were covered above.

• Teenagers are expensive to insure, with premiums being up to $367 each month if full coverage is included
• Drivers who tend to receive serious violations may have to pay on average $1,360 more annually for car insurance
• Increasing comprehensive and collision deductibles could save as much as $450 each year
• You may be able to save approximately $140 per year simply by quoting online well ahead of the renewal date