Chevrolet Traverse Insurance Rates

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

Average premium for full coverage: $1,186

Policy rates for type of insurance:

Includes $500 policy deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. Areas with sparse population are shown to have fewer physical damage claims than larger metro areas.

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

The examples above illustrate why it is important to compare rates for a specific zip code and their own personal driving habits, instead of using price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $692
• Drivers who choose higher $1,000 deductibles will pay about $1,034 each year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,186
• Choosing low $100 deductibles for comprehensive and collision insurance will cost $1,480
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,544 or more
• Policy cost with full coverage for a teen driver can be $4,402 a year

View Chart as Image

Car insurance rates for a Chevrolet Traverse also range considerably based on the model year and trim level, your risk profile, and deductibles and policy limits.

Older drivers with no driving violations and high physical damage deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will be charged as much as $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 probably paying at least $1,400 to $1,900 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $450 every year, while buying higher liability limits will increase rates. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $339 extra every 12 months. 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 $770 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,600 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out your exact price is to get quotes and see which company has the best rate. Every company uses a different rate calculation, so rate quotes will be varied between companies.

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 Buy the Cheapest Chevrolet Traverse Insurance

Finding cheaper rates on car insurance not only requires being safe and accident-free, but also having a good credit score, being claim-free, and qualifying for all possible discounts. Invest time comparing rates at least once a year by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below you'll find a recap of the primary concepts that were covered in the charts and tables above.

• It is possible to save up to $140 per year simply by quoting early and online
• Higher risk drivers that have major violations or accidents pay on average $1,360 more every year than a low-risk driver
• Increasing comprehensive and collision deductibles could save up to $450 each year
• Youthful drivers are the costliest to insure, possibly costing $367 each month if comprehensive and collision insurance is included