Chevrolet Traverse Insurance Rates

The average auto insurance rates for a Chevrolet Traverse are $1,204 annually for full coverage insurance. Comprehensive costs around $286 each year, collision costs $418, and liability coverage costs around $364. Liability-only coverage costs as low as $416 a year, with high-risk coverage costing around $2,580. Teenage drivers cost the most to insure at $4,426 a year or more.

Average premium for full coverage: $1,204

Policy rates for type of insurance:

Prices are based on $500 deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and Traverse models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance rates. Areas with sparse population are shown to have fewer physical damage claims than densely populated cities.

The graphic below illustrates the effect of geographic area on auto insurance rates.

The examples above illustrate why all drivers should compare prices for a specific zip code and their own personal driving habits, rather than using average rates.

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

Additional Rate Information

The chart below illustrates estimated Chevrolet Traverse insurance rates for additional coverage choices and driver risks.

• The best discount rate is $704
• Using higher $1,000 deductibles will save about $160 each year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,204
• Using low deductibles for physical damage coverage will cost $1,512
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,580 or more
• Policy cost with full coverage for a teenage driver can be $4,426 or more

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 deductibles and policy limits.

More mature drivers with no violations or accidents and high physical damage deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay as much as $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 least $1,400 to $1,900 additional every year, depending on your age. Insurance for high-risk drivers can be around 43% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $470 a year, whereas increasing liability limits will increase rates. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $327 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Chevrolet Traverse insurance rates. A driver around age 40 might see rates as low as $790 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,620 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out your exact price is to do a rate comparison and see how they stack up. Each insurance company uses a different method to calculate rates, and rates will be varied between companies.

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 Affordable Chevrolet Traverse Insurance

Finding cheaper rates on auto insurance requires not taking risks behind the wheel, having good credit, being claim-free, and taking advantage of discounts. Take the time to compare rates every year by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a brief review of the coverage data covered in the above illustrations.

• It is possible to save up to $140 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $475 each year
• Teens are charged the highest rates, possibly costing $369 each month if they have full coverage
• Drivers with DUI or reckless driving convictions pay on average $1,380 more every year for Traverse insurance