Chevrolet Traverse Insurance Rates

The average auto insurance rates for a Chevrolet Traverse are $1,186 annually including full coverage. Comprehensive costs approximately $270, collision costs $404, and liability costs $376. Liability-only insurance costs as little as $426 a year, with high-risk driver insurance costing around $2,544. Teenage drivers cost the most to insure at $4,402 a year or more.

Average premium for full coverage: $1,186

Policy rates by type of insurance:

These estimates include $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for different Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than densely populated cities.

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

The examples above highlight why anyone shopping for car insurance should compare rates using their specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $692
• Drivers who choose higher $1,000 deductibles will pay $152 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,186
• Using more expensive low deductibles for comprehensive and collision insurance will cost $1,480
• Drivers who are prone to accidents and violations could pay around $2,544 or more
• Policy cost with full coverage for a 16-year-old driver with full coverage can cost $4,402 a year

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

An older driver with a good driving record and high physical damage deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay in the ballpark of $4,400 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying anywhere from $1,400 to $1,900 in extra premium every year, depending on your age. High-risk driver insurance can cost from 43% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $450 annually, while increasing your policy's liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $339 extra every year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Traverse insurance prices. A 40-year-old driver could pay as low as $910 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,690 on average in Louisiana, New York, and Michigan.

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Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to compare rates from multiple companies. Every company uses a different method to calculate rates, and quoted rates will be varied between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2019 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 Buy Cheap Chevrolet Traverse Insurance

Finding cheaper rates on insurance for a Chevrolet Traverse not only requires being a good driver, but also having above-average credit, paying for small claims out-of-pocket, and not having any coverage lapses. Invest time comparing rates every year by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following list is a brief summary of the coverage data covered in the charts and tables above.

• You may be able to save around $140 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $450 each year
• Drivers age 16 to 20 have the highest car insurance rates, with premiums being up to $367 each month if full coverage is included
• Drivers considered higher risk that tend to have accidents or serious violations may have to pay on average $1,360 more per year than a safer driver