Chevrolet Traverse Insurance Rates

The average auto insurance rates for a Chevrolet Traverse are $1,186 annually for full coverage insurance. Comprehensive costs on average $270 a year, collision insurance costs $404, and liability is estimated at $376. Buying just liability costs approximately $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:

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

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on insurance rates. Rural areas are shown to have fewer physical damage claims than densely populated cities. The diagram below illustrates how location helps determine car insurance rates.

The examples above illustrate why it is important to get quotes based on a 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.

Additional Rate Details

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

• The best discount rate is $692
• Choosing higher $1,000 deductibles can save around $1,034 each year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,186
• Using low $100 deductibles for comp and collision coverage will cost $1,480
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,544
• Policy cost with full coverage for a 16-year-old driver may cost $4,402 each year

View Chart as Image

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

Older drivers with a clean driving record and high physical damage deductibles may pay as low as $1,100 annually 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 upwards 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 at a minimum $1,400 to $1,900 extra every year, depending on your age. A high-risk auto insurance policy ranges from 43% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $450 annually, while buying higher liability limits will cost you more. 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 plays a big part in determining prices for Chevrolet Traverse insurance prices. A good driver about age 40 could pay 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

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 Low Cost Chevrolet Traverse Insurance

Finding cheaper rates on insurance for a Chevrolet Traverse takes being safe and accident-free, having a good credit history, being claim-free, and determing if full coverage is necessary. Invest time comparing rates once a year by getting price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below you'll find a review of the data that was covered in the charts and tables above.

• It is possible to save as much as $140 per year just by quoting early and online
• Insureds who require more liability protection will pay an extra $410 annually to raise limits from a 30/60 limit to higher 250/500 limits
• Youthful drivers pay the highest rates, possibly costing $367 each month including comprehensive and collision insurance
• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,360 more each year than a low-risk driver