Chevrolet Traverse Insurance Rates

U.S. average insurance rates for a Chevrolet Traverse are $1,186 a year for full coverage insurance. Comprehensive costs an estimated $270, collision costs $404, and liability coverage costs $376. Buying just liability costs as little as $426 a year, with insurance for high-risk drivers costing around $2,544. Teen drivers pay the highest rates at $4,402 a year or more.

Average premium for full coverage: $1,186

Price estimates broken down by individual coverage:

Rate estimates include $500 deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Estimates are averaged for all 50 states and for different Traverse trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of insurance. More rural locations have lower incidents of physical damage claims than larger metro areas.

The price range example below illustrates how geographic area affects insurance prices.

The ranges above illustrate why anyone shopping for car insurance should compare rates for a targeted area, rather than using price averages.

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

Additional Rate Details

The chart below illustrates estimated 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 each year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,186
• Choosing more expensive low deductibles for comprehensive and collision insurance bumps up the cost to $1,480
• High-risk insureds with multiple violations and an at-fault accident could pay up to $2,544 or more
• The price that insures a teenage driver with full coverage can cost as much as $4,402 a year

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Insurance prices for a Chevrolet Traverse are also quite variable based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you are probably paying $1,400 to $1,900 additional each year, depending on your age. High-risk driver insurance can cost around 43% to 132% more than average. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records should be prepared to pay at least $4,400 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Traverse insurance rates. A 40-year-old driver could pay as low as $770 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,600 on average in Florida, New York, and Michigan.

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

Since prices can be so different, the only way to figure out which car insurance is cheapest is to compare prices and see how they stack up. Every company uses a different rate calculation, and prices may be quite 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 the Best Chevrolet Traverse Insurance

Getting lower rates on auto insurance not only requires not taking risks behind the wheel, but also having a good credit score, not filing small claims, and maximizing policy discounts. Shop around at least once a year by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The following is a brief recap of the primary concepts that were presented in the illustrations above.

• It is possible to save approximately $140 per year simply by shopping early and online
• Drivers who tend to receive serious violations may have to pay on average $1,360 more annually for Traverse insurance
• Increasing physical damage deductibles can save approximately $450 each year
• Teens are expensive to insure, as much as $367 a month if comprehensive and collision insurance is included