Chevrolet Traverse Insurance Rates

The average insurance rates for a Chevrolet Traverse are $1,204 a year for full coverage. Comprehensive insurance costs approximately $286, collision costs $418, and liability costs $364. Buying just liability costs as little as $416 a year, with insurance for high-risk drivers costing $2,580 or more. 16-year-old drivers cost the most to insure at $4,426 a year or more.

Average premium for full coverage: $1,204

Policy rates by type of insurance:

Includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and for all Traverse models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. Rural locations are shown to have a lower frequency of accident claims than congested cities.

The example below illustrates how rural and urban location affects auto insurance prices.

The examples above show why everyone should compare rates using their specific location and risk profile, instead of using rate averages.

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

Additional Rate Details

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

• The best full coverage rate is $704
• Drivers who choose higher $1,000 deductibles will pay $160 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,204
• Buying pricier low deductibles for comprehensive and collision insurance will cost an extra $308 every year
• Higher-risk drivers with multiple tickets or accidents could pay around $2,580 or more
• Policy cost for full coverage for a teen driver for full coverage can cost $4,426 a year

View Chart as Image

Insurance rates for a Chevrolet Traverse also range considerably based on your risk profile, the trim level of your Traverse, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect 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 prices. A 40-year-old driver could pay as low as $800 a year in states like Iowa, Maine, and Idaho, or at least $1,720 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $470 every year, whereas buying more liability protection will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $327 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying anywhere from $1,400 to $1,900 extra every year, depending on your age. Chevrolet Traverse insurance for high-risk drivers can cost as much as 43% to 130% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to regularly compare rates and see which company has the best rate. Every company utilizes a different rate formula, so the 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 Cheapest Chevrolet Traverse Insurance

Finding cheaper rates on car insurance not only requires avoiding accidents and violations, but also maintaining good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Set aside time to shop around once a year by requesting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The list below is a recap of the data that was raised in the charts and tables above.

• Drivers can save around $140 per year simply by quoting online well ahead of the renewal date
• Policyholders who purchase higher liability limits will pay around $400 each year to go from a 30/60 limit to 250/500 limits
• Teenagers are expensive to insure, costing up to $369 each month for full coverage
• Higher risk drivers that have major violations or accidents may pay on average $1,380 more per year for car insurance