Chevrolet Traverse Insurance Rates

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UPDATED: Apr 7, 2024

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Chevrolet Traverse insurance

The average insurance prices for a Chevrolet Traverse are $1,204 every 12 months including full coverage. Comprehensive costs an estimated $286 each year, collision insurance costs $418, and liability costs around $364. Liability-only insurance costs as low as $416 a year, and high-risk driver insurance costs around $2,580. Teens cost the most to insure at up to $4,426 a year.

Average premium for full coverage: $1,204

Policy rates broken down by type of insurance:

Comprehensive $286
Collision $418
Liability $364

Prices include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and Traverse models.

Price Range Variability

For a 40-year-old driver, Chevrolet Traverse insurance rates range from the cheapest price of $416 for the bare minimum liability coverage to a high rate of $2,580 for a driver who has had serious violations or accidents.

Liability Only $416
Full Coverage $1,204
High Risk $2,580

Urban vs. Rural Price Range

Where you live can make a big difference on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than cities with more traffic congestion. The graphic below illustrates how your location can change insurance prices.

Rural Areas $903
Small Cities $1,264
Large Cities $1,625

The examples above highlight why all drivers should compare prices for a targeted area and their own driving history, instead of making a decision based on averaged prices.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Additional Rate Information

The chart below breaks down average Chevrolet Traverse insurance rates for other coverage scenarios.

  • The cheapest rate after discounts is $704
  • Using higher $1,000 deductibles will save approximately $160 every year
  • The average price for a good driver age 40 who has $500 deductibles is $1,204
  • Selecting low deductibles for physical damage coverage increases the price to $1,512
  • High-risk insureds with serious driving violations could pay up to $2,580
  • Policy cost to insure a 16-year-old driver can cost as much as $4,426 or more

View Chart as Image

Chevrolet Traverse insurance cost comparison chart
Column chart showing Chevrolet Traverse insurance rates range from $704 to $4,426 for full coverage

Auto insurance rates for a Chevrolet Traverse also range considerably based on liability limits and deductibles, your driving characteristics, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $470 annually, whereas increasing liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $327 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles may pay as low as $1,100 a year, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay at least $4,400 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying $1,400 to $1,900 in extra premium every year, depending on your age. Insurance for high-risk drivers can be from 43% to 130% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Traverse insurance prices. A driver around age 40 might see rates as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,720 on average in Louisiana, New York, and Michigan.

Chevrolet Traverse Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,088 -$116 -9.6%
Alaska $924 -$280 -23.3%
Arizona $1,000 -$204 -16.9%
Arkansas $1,204 -$0 0.0%
California $1,372 $168 14.0%
Colorado $1,150 -$54 -4.5%
Connecticut $1,236 $32 2.7%
Delaware $1,362 $158 13.1%
Florida $1,504 $300 24.9%
Georgia $1,114 -$90 -7.5%
Hawaii $866 -$338 -28.1%
Idaho $818 -$386 -32.1%
Illinois $898 -$306 -25.4%
Indiana $910 -$294 -24.4%
Iowa $812 -$392 -32.6%
Kansas $1,144 -$60 -5.0%
Kentucky $1,642 $438 36.4%
Louisiana $1,784 $580 48.2%
Maine $744 -$460 -38.2%
Maryland $996 -$208 -17.3%
Massachusetts $960 -$244 -20.3%
Michigan $2,090 $886 73.6%
Minnesota $1,010 -$194 -16.1%
Mississippi $1,444 $240 19.9%
Missouri $1,070 -$134 -11.1%
Montana $1,294 $90 7.5%
Nebraska $950 -$254 -21.1%
Nevada $1,444 $240 19.9%
New Hampshire $868 -$336 -27.9%
New Jersey $1,348 $144 12.0%
New Mexico $1,066 -$138 -11.5%
New York $1,266 $62 5.1%
North Carolina $692 -$512 -42.5%
North Dakota $986 -$218 -18.1%
Ohio $830 -$374 -31.1%
Oklahoma $1,236 $32 2.7%
Oregon $1,104 -$100 -8.3%
Pennsylvania $1,146 -$58 -4.8%
Rhode Island $1,606 $402 33.4%
South Carolina $1,090 -$114 -9.5%
South Dakota $1,018 -$186 -15.4%
Tennessee $1,054 -$150 -12.5%
Texas $1,452 $248 20.6%
Utah $892 -$312 -25.9%
Vermont $824 -$380 -31.6%
Virginia $720 -$484 -40.2%
Washington $928 -$276 -22.9%
West Virginia $1,104 -$100 -8.3%
Wisconsin $832 -$372 -30.9%
Wyoming $1,070 -$134 -11.1%

View Chart as Image

Chevrolet Traverse insurance rates by U.S. city

Insurance Rates by Trim Level and Model Year

Chevrolet Traverse Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Chevrolet Traverse LS 2WD $1,124 $94
Chevrolet Traverse LS AWD $1,164 $97
Chevrolet Traverse LT 2WD $1,164 $97
Chevrolet Traverse LT AWD $1,232 $103
Chevrolet Traverse LTZ 2WD $1,272 $106
Chevrolet Traverse LTZ AWD $1,272 $106

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.

Chevrolet Traverse Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Chevrolet Traverse $320 $452 $332 $1,240
2023 Chevrolet Traverse $306 $448 $338 $1,228
2022 Chevrolet Traverse $296 $436 $354 $1,222
2021 Chevrolet Traverse $286 $418 $364 $1,204
2020 Chevrolet Traverse $270 $404 $376 $1,186
2019 Chevrolet Traverse $260 $374 $384 $1,154
2018 Chevrolet Traverse $250 $352 $388 $1,126
2017 Chevrolet Traverse $240 $316 $390 $1,082
2016 Chevrolet Traverse $224 $292 $390 $1,042
2015 Chevrolet Traverse $216 $272 $394 $1,018
2014 Chevrolet Traverse $210 $254 $402 $1,002
2013 Chevrolet Traverse $194 $236 $402 $968
2012 Chevrolet Traverse $190 $214 $406 $946
2011 Chevrolet Traverse $176 $196 $402 $910
2010 Chevrolet Traverse $166 $178 $402 $882
2009 Chevrolet Traverse $162 $160 $398 $856

Rates are averaged for all Chevrolet Traverse models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Shop for the Right Chevrolet Traverse Insurance

Finding cheaper rates on insurance for a Chevrolet Traverse requires being a safe and courteous driver, having a good credit score, paying for small claims out-of-pocket, and consideration of higher deductibles. Invest the time to shop around every other policy renewal by obtaining price quotes from direct car insurance companies, and also from local insurance agencies.

Below is a quick rundown of the ideas that were illustrated above.

  • Teenage drivers are the costliest to insure, with premiums being up to $369 each month if comprehensive and collision insurance is included
  • Drivers considered higher risk with reckless driving or DUI convictions may have to pay on average $1,380 more annually for auto insurance
  • Increasing comprehensive and collision deductibles could save as much as $475 each year
  • You may be able to save approximately $140 per year just by quoting online in advance

Rates by Driver Age

Chevrolet Traverse Insurance Rates by Driver Age
Driver Age Premium
16 $4,426
20 $2,732
30 $1,254
40 $1,204
50 $1,100
60 $1,078

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Traverse Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,512
$250 $1,370
$500 $1,204
$1,000 $1,044

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Traverse Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,204
50/100 $1,345
100/300 $1,436
250/500 $1,672
100 CSL $1,381
300 CSL $1,581
500 CSL $1,727

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Traverse Insurance Rates for High Risk Drivers
Age Premium
16 $6,312
20 $4,340
30 $2,634
40 $2,580
50 $2,456
60 $2,432

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $162

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $64
Multi-vehicle $61
Homeowner $18
5-yr Accident Free $85
5-yr Claim Free $77
Paid in Full/EFT $53
Advance Quote $57
Online Quote $85
Total Discounts $500
Rate after discounts $704

Discounts are estimated and may not be available from every company or in every state.

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