Chevrolet Traverse Insurance Rates

Average insurance rates for a Chevrolet Traverse are $1,204 a year including full coverage. Comprehensive insurance costs an estimated $286, collision costs $418, and liability insurance costs around $364. Liability-only coverage costs as low as $416 a year, with high-risk coverage costing $2,580 or more. Teens receive the highest rates at $4,426 a year or more.

Average premium for full coverage: $1,204

Rate estimates broken down by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and for different Traverse trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on the price of auto insurance. More rural locations tend to have lower incidents of comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates how location helps determine insurance prices.

These examples highlight why anyone shopping for car insurance should compare prices for a targeted area, rather than relying on averaged prices.

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

Rate Comparisons

The chart below breaks down estimated 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 estimated price for a 40-year-old driver who has $500 deductibles is $1,204
• Selecting more expensive low deductibles for physical damage coverage will cost an additional $308 a year
• Drivers with serious driving violations could pay up to $2,580 or more
• The cost that insures a teen driver with full coverage can cost as much as $4,426 or more

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Car insurance rates for a Chevrolet Traverse can also vary considerably based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are likely paying $1,400 to $1,900 extra per year, depending on your age. High-risk driver insurance can be anywhere from 43% to 130% more than the average policy. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,100 a year for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will be charged at least $4,400 a year. View Rates by Age

Where you live has a huge impact on Chevrolet Traverse insurance rates. 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.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $470 each year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $327 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to figure out which company is cheapest is to compare rates from as many companies as possible. Each insurance company calculates rates differently, so rate quotes can be significantly different.

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

Saving money on Chevrolet Traverse insurance requires avoiding accidents and violations, having a positive credit history, not filing small claims, and not having any coverage lapses. Compare rates once a year by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The list below is a brief summary of the data that was covered in the charts and tables above.

• You may be able to save approximately $140 per year simply by shopping early and online
• Drivers who want higher liability limits will pay approximately $400 per year to increase from a minimum limit to the 250/500 level
• Teenagers have the highest car insurance rates, as much as $369 per month if full coverage is purchased
• High-risk drivers that tend to have accidents or serious violations could be charged and average of $1,380 more annually for car insurance