Chevrolet Traverse Insurance Rates

The average insurance rates for a Chevrolet Traverse are $1,222 a year including full coverage. Comprehensive insurance costs on average $296 a year, collision insurance costs $436, and liability costs around $354. Liability-only coverage costs as low as $406 a year, and high-risk coverage costs $2,616 or more. Teens cost the most to insure at up to $4,462 a year.

Average premium for full coverage: $1,222

Policy rates by type of insurance:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance rates. Rural areas are shown to have lower incidents of comprehensive and collision claims than cities with more traffic congestion. The diagram below illustrates the difference between rural and urban areas on car insurance rates.

The examples above highlight why it is important to compare prices based on a specific location, instead of using averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $712
• Using higher $1,000 deductibles will save around $1,056 every year
• The estimated price for a good driver age 40 with $500 deductibles is $1,222
• Selecting low $100 deductibles for physical damage coverage will cost an additional $320 every year
• Drivers with serious driving violations could pay upwards of $2,616
• Policy cost that insures a teen driver may cost $4,462 or more

View Chart as Image

Insurance rates for a Chevrolet Traverse also range considerably based on the trim level of your Traverse, your driving record and age, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you are likely paying at a minimum $1,400 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy can be as much as 45% to 128% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,100 a year, 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 has a huge impact on Chevrolet Traverse insurance prices. A driver around age 40 might see rates as low as $940 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $490 every year, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $318 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 Low Cost Chevrolet Traverse Insurance

Finding cheaper rates on car insurance requires being a good driver, having a good credit score, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Compare rates at least once a year by getting rate quotes from direct car insurance companies, and also from insurance agencies where you live.

The following list is a review of the primary concepts that were covered above.

• You may be able to save as much as $150 per year just by quoting early and online
• Higher risk drivers who have several accidents or serious violations could be forced to pay on average $1,390 more each year than a safer driver
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Drivers age 16 to 20 pay higher rates, with premiums being up to $372 each month if comprehensive and collision insurance is included