Chevrolet Traverse Insurance Rates

The average insurance rates for a Chevrolet Traverse are $1,186 a year for full coverage. Comprehensive insurance costs on average $270, collision insurance costs $404, and liability coverage costs $376. Liability-only coverage costs as little as $426 a year, and high-risk coverage costs $2,544 or more. 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:

Prices are based on $500 policy deductibles, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all states and for different Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on car insurance rates. Rural areas are shown to have lower incidents of accident claims than densely populated cities. The price range example below illustrates the difference location can make on car insurance rates.

The examples above show why anyone shopping for car insurance should compare rates based on a specific location, rather than using average rates.

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

Additional Rate Information

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

• The best discount rate is $692
• Drivers who choose higher $1,000 deductibles will pay around $152 a year
• The estimated price for a good driver age 40 with $500 deductibles is $1,186
• Using more expensive low deductibles for comprehensive and collision insurance will cost an additional $294 each year
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,544
• Policy cost that insures a teenage driver with full coverage may cost $4,402 a year

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Insurance rates for a Chevrolet Traverse also range considerably based on the model year and trim level, how you drive, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you could be paying at a minimum $1,400 to $1,900 additional every year, depending on your age. High-risk driver insurance can cost around 43% to 132% more than a normal policy. 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, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay upwards 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 $780 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,690 on average in Michigan, Louisiana, and New York.

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Using high physical damage deductibles could save up to $450 a year, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $339 more each year. View Rates by Deductible or Liability Limit

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 Affordable Chevrolet Traverse Insurance

Finding cheaper rates on auto insurance not only requires being safe and accident-free, but also having a good credit score, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Compare prices at least every other year by requesting rates from direct carriers, and also from local exclusive and independent agents.

Below you'll find a brief review of the car insurance concepts touched on in this article.

• Drivers with DUI or reckless driving convictions may pay on average $1,360 more each year than a low-risk driver
• Drivers can save as much as $140 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $450 each year
• Consumers who require more liability protection will pay an extra $410 each year to go from a 30/60 limit to the 250/500 level