Chevrolet Traverse Insurance Rates

The average insurance rates for a Chevrolet Traverse are $1,204 a year with full coverage. Comprehensive costs on average $286 a year, collision costs $418, and liability insurance is estimated at $364. Buying just liability costs approximately $416 a year, with insurance for high-risk drivers costing around $2,580. Teens cost the most to insure at $4,426 a year or more.

Average premium for full coverage: $1,204

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on auto insurance rates. Rural areas are shown to have lower incidents of collision claims than cities with more traffic congestion.

The diagram below illustrates how rural and urban location affects car insurance rates.

The examples above demonstrate why it is important to get quotes based on a specific location, rather than relying on averaged prices.

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

Detailed Rate Analysis

The chart below details estimated Chevrolet Traverse insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $704
• Choosing higher $1,000 deductibles can save around $1,044 annually
• The estimated price for a good driver age 40 with $500 deductibles is $1,204
• Selecting low $100 deductibles for comp and collision coverage bumps up the cost to $1,512
• High-risk insureds with serious driving violations could pay upwards of $2,580 or more
• Policy cost that insures a teen driver may cost $4,426 each year

View Chart as Image

Insurance rates for a Chevrolet Traverse also range considerably based on the trim level of your Traverse, your age and driving habits, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at a minimum $1,400 to $1,900 extra every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 130% more than the average policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay upwards of $4,400 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Traverse insurance rates. A good driver about age 40 could pay as low as $870 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,620 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $470 each year, while buying higher liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $327 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out exactly what you will pay is to get quotes from as many companies as possible. Each auto insurer calculates rates differently, so the rates will be varied.

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 the Cheapest Chevrolet Traverse Insurance

Finding cheaper rates on Chevrolet Traverse insurance takes being a good driver, having above-average credit, not filing small claims, and bundling your home and auto policies. Compare rates at least every other year by getting price quotes from direct companies, and also from several local insurance agents.

The following list is a recap of the car insurance concepts raised in the charts and tables above.

• High-risk drivers that have major violations or accidents pay on average $1,380 more each year than a safer driver
• You may be able to save as much as $140 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Drivers who require an increased level of liability coverage will pay approximately $400 every year to raise limits from a 30/60 limit to the 250/500 level