Chevrolet Traverse Insurance Rates

The average insurance prices for a Chevrolet Traverse are $1,204 every 12 months with full coverage. Comprehensive insurance costs an estimated $286 a year, collision insurance costs $418, and liability is $364. A liability-only policy costs around $416 a year, and high-risk insurance costs $2,580 or more. Teens cost the most to insure at up to $4,426 a year.

Average premium for full coverage: $1,204

Policy rates broken down by type of insurance:

These estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. More rural locations are shown to have more infrequent collision claims than cities with more traffic congestion. The diagram below illustrates the effect of geographic area on insurance prices.

The examples above demonstrate why it is important to compare rates quotes for a targeted area and their own driving history, instead of using averaged prices.

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

Additional Charts and Tables

The chart below details average Chevrolet Traverse insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $704
• Raising to $1,000 deductibles will save approximately $1,044 annually
• The average price for a good driver age 40 who has $500 deductibles is $1,204
• Selecting low $100 deductibles costs an extra $308 every year
• At-risk drivers with serious driving violations could pay up to $2,580
• Policy cost to insure a teen driver can cost as much as $4,426

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

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $470 every year, while buying higher liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $327 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged at least $4,400 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out $1,400 to $1,900 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 43% to 130% more than the average policy. View High Risk Driver Rates

Your home state also has a big influence on Chevrolet Traverse insurance prices. A middle-age driver might find rates as low as $870 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,620 on average in New York, Michigan, and Florida.

View Chart as Image

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 Cheap Chevrolet Traverse Insurance

Finding cheaper rates on car insurance consists of being a safe and courteous driver, maintaining a good credit score, not filing small claims, and possibly higher deductibles. Take the time to compare rates every time your policy renews by obtaining price quotes from direct companies, and also from your local independent and exclusive agents.

Below is a brief summary of the information covered in the above illustrations.

• You may be able to save approximately $140 per year just by quoting early and online
• Teenage drivers have the highest car insurance rates, as much as $369 each month if the policy includes full coverage
• Increasing comprehensive and collision deductibles could save as much as $475 each year
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,380 more annually for auto insurance
• Policyholders who want higher levels of liability will pay approximately $400 every year to raise from a 30/60 limit to a 250/500 level