Chevrolet Traverse Insurance Rates

The average insurance rates for a Chevrolet Traverse are $1,186 a year including full coverage. Comprehensive insurance costs approximately $270 each year, collision costs $404, and liability insurance costs $376. Liability-only insurance costs as little as $426 a year, with high-risk driver insurance costing $2,544 or more. Teens cost the most to insure at $4,402 a year or more.

Average premium for full coverage: $1,186

Policy rates by type of insurance:

Prices include $500 policy deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Traverse models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance prices. Rural locations are shown to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The graphic below illustrates how location helps determine auto insurance prices.

The examples above highlight why all drivers should compare rates using their specific location and risk profile, rather than relying on averaged prices.

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

Additional Rate Details

The chart below breaks down estimated Chevrolet Traverse insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $692
• Drivers who choose higher $1,000 deductibles will pay $152 every year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,186
• Selecting low deductibles for comprehensive and collision insurance will cost an extra $294 a year
• High risk drivers with serious driving violations could pay around $2,544 or more
• Policy cost for full coverage for a teen driver can cost $4,402 a year

View Chart as Image

Auto insurance rates for a Chevrolet Traverse also range considerably based on your risk profile, the model of your Traverse, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay in the ballpark of $4,400 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Traverse insurance rates. A 40-year-old driver could pay as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,690 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $450 each year, whereas increasing liability limits will push rates upward. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $339 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying anywhere from $1,400 to $1,900 in extra premium every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 132% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison from as many companies as possible. Every company calculates rates differently, and quoted rates will be varied from one company to the next.

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 Right Chevrolet Traverse Insurance

Finding cheaper rates on Chevrolet Traverse insurance not only requires avoiding accidents and claims, but also having good credit, paying for small claims out-of-pocket, and not having any coverage lapses. Invest time comparing rates every couple of years by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The points below are a quick rundown of the material that was covered in the charts and tables above.

• Drivers who purchase increased liability limits will pay approximately $410 per year to go from a 30/60 limit to 250/500 limits
• Drivers under the age of 20 have the highest car insurance rates, with premiums being up to $367 each month if they have full coverage
• High-risk drivers with reckless driving or DUI convictions could be forced to pay on average $1,360 more per year to insure a Chevrolet Traverse
• Increasing comprehensive and collision deductibles can save around $450 each year