Chevrolet Traverse Insurance Rates

Estimated insurance rates for a Chevrolet Traverse are $1,204 a year including full coverage. Comprehensive costs approximately $286 a year, collision insurance costs $418, and liability coverage costs $364. Liability-only insurance costs as little as $416 a year, and high-risk driver insurance costs around $2,580. Teen drivers pay the most at up to $4,426 a year.

Average premium for full coverage: $1,204

Premium estimates by type of coverage:

These estimates include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Traverse trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on car insurance prices. Rural locations are statistically proven to have lower incidents of comprehensive and collision claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

These rate differences highlight why it is important to compare rates using their specific location, rather than using price averages.

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

Additional Charts and Tables

The chart below breaks down average Chevrolet Traverse insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $704
• Drivers who choose higher $1,000 deductibles will pay $1,044 every year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,204
• Choosing low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,512
• High-risk insureds with multiple violations and an at-fault accident could pay around $2,580
• An auto insurance policy that insures a teenage driver can cost $4,426 a year

View Chart as Image

Insurance prices for a Chevrolet Traverse also have a wide range based on the trim level of your Traverse, your driving record and age, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are likely paying anywhere from $1,400 to $1,900 additional annually, depending on your age. A high-risk auto insurance policy can cost around 43% to 130% more than average. View High Risk Driver Rates

Older drivers 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. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,400 a year. View Rates by Age

Where you choose to live makes a big difference in Chevrolet Traverse insurance rates. A 40-year-old driver could pay as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,720 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $470 a year, while buying higher liability limits will push prices upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $327 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 Cheap Chevrolet Traverse Insurance

Finding better rates on auto insurance not only requires being a safe and courteous driver, but also having a good credit score, refrain from filing small claims, and consideration of higher deductibles. Shop around at every other renewal by getting quotes from direct car insurance companies, and also from local auto insurance providers.

Below is a brief summary of the concepts that were covered above.

• Drivers that tend to have accidents or serious violations will likely pay on average $1,380 more per year for auto insurance
• Teenage drivers are the costliest to insure, with the cost nearing $369 per month if comprehensive and collision insurance is included
• You may be able to save around $140 per year just by quoting early and online
• Increasing policy deductibles can save approximately $475 each year
• You may be able to save around $140 per year just by quoting early and online