Chevrolet Traverse Insurance Rates

U.S. average insurance prices for a Chevrolet Traverse are $1,186 every 12 months including full coverage. Comprehensive insurance costs around $270 a year, collision costs $404, and liability insurance is $376. Buying just liability costs around $426 a year, with insurance for high-risk drivers costing $2,544 or more. Teenage drivers pay the highest rates at $4,402 a year or more.

Average premium for full coverage: $1,186

Price estimates for individual coverage:

Rates are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Traverse trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on the price of insurance. Areas with sparse population have more infrequent comprehensive and collision claims than densely populated cities.

The diagram below illustrates how location helps determine auto insurance rates.

The ranges above highlight why it is important to compare rates quotes for a specific zip code and their own driving history, rather than relying on average rates.

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

Detailed Rate Analysis

The chart below breaks down estimated Chevrolet Traverse insurance rates for additional coverage choices and driver risks.

• The best discount rate is $692
• Raising to $1,000 deductibles will save about $1,034 every year
• The average price for the average middle-age driver using $500 deductibles is $1,186
• Using low $100 deductibles costs an extra $294 a year
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,544 or more
• The price to insure a teen driver can be $4,402

View Chart as Image

Insurance prices for a Chevrolet Traverse are also quite variable based on deductibles and policy limits, your driving characteristics, and the trim level and model year.

Using high physical damage deductibles can reduce prices by up to $450 each year, while buying higher liability limits will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $339 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles could pay as little as $1,100 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers should be prepared to pay as much as $4,400 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying at least $1,400 to $1,900 additional each year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

The state you live in also has a big influence on Chevrolet Traverse insurance rates. A middle-age driver might find prices as low as $910 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

Since prices can be so different, the best way to figure out your exact price is to get quotes from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and prices may be quite 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 Shop for the Best Cheap Chevrolet Traverse Insurance

Getting lower rates on Chevrolet Traverse insurance consists of being safe and accident-free, having above-average credit, being claim-free, and taking advantage of discounts. Invest time comparing rates every other policy renewal by quoting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below you'll find a quick review of the ideas that were covered in the charts and tables above.

• Youthful drivers are charged the highest prices, possibly costing $367 a month if full coverage is included
• High-risk drivers with a DUI or reckless driving violation could be forced to pay on average $1,360 more every year than a low-risk driver
• Increasing physical damage deductibles could save as much as $450 each year
• You may be able to save up to $140 per year simply by quoting early and online