Chevrolet Traverse Insurance Rates

The average auto insurance rates for a Chevrolet Traverse are $1,186 annually for full coverage insurance. Comprehensive costs approximately $270, collision insurance costs $404, and liability is $376. Buying just liability costs around $426 a year, and insurance for high-risk drivers costs around $2,544. Teenage drivers cost the most to insure at up to $4,402 a year.

Average premium for full coverage: $1,186

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of auto insurance. Rural locations are shown to have fewer physical damage claims than densely populated cities. The example below illustrates the effect of geographic area on auto insurance prices.

The examples above illustrate why everyone should compare rates quotes using their specific location and their own personal driving habits, instead of making a decision based on average rates.

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

More Rate Details

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

• The best discount rate is $692
• Raising to $1,000 deductibles will save $152 each year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,186
• Using pricier low deductibles will cost $1,480
• Drivers who are prone to accidents and violations could pay around $2,544
• Policy cost with full coverage for a 16-year-old driver for full coverage can cost $4,402

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Insurance rates for a Chevrolet Traverse also range considerably based on the model year and trim level, your risk profile, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high physical damage deductibles may pay as low as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $4,400 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying anywhere from $1,400 to $1,900 extra every year, depending on your age. Chevrolet Traverse insurance for high-risk drivers is expensive and can cost from 43% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $450 annually, whereas buying more liability protection will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $339 more per year. View Rates by Deductible or Liability Limit

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

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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 Buy Cheap Chevrolet Traverse Insurance

Finding cheaper rates on insurance for a Chevrolet Traverse consists of having a decent driving record, having a good credit history, being claim-free, and possibly raising deductibles. Take the time to compare rates once a year by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The following items are a brief summary of the data that was covered in the above illustrations.

• It is possible to save around $140 per year just by quoting online well ahead of the renewal date
• Insureds who purchase additional liability coverage will pay an extra $410 annually to raise from a 30/60 limit to higher 250/500 limits
• 16 to 18-year-old drivers are expensive to insure, possibly costing $367 each month including comprehensive and collision insurance
• Drivers considered higher risk that tend to have accidents or serious violations could be forced to pay on average $1,360 more per year than a driver with a clean driving record