Chevrolet Traverse Insurance Rates

Estimated insurance rates for a Chevrolet Traverse are $1,186 a year including full coverage. Comprehensive costs around $270 a year, collision insurance costs $404, and liability coverage is $376. Liability-only insurance costs around $426 a year, and high-risk driver insurance costs around $2,544. 16-year-old drivers pay the most at up to $4,402 a year.

Average premium for full coverage: $1,186

Premium estimates for type of coverage:

Full coverage includes $500 policy deductibles, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Traverse trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on the price of insurance. Areas with sparse population are statistically proven to have a lower frequency of comprehensive and collision claims than congested cities. The diagram below illustrates the effect of geographic area on auto insurance rates.

These rate differences highlight why it is important to compare rates quotes for a specific zip code and risk profile, rather than using rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $692
• Raising to $1,000 deductibles will save about $1,034 every year
• The average rate for a 40-year-old good driver using $500 deductibles is $1,186
• Buying low $100 deductibles will increase the cost to $1,480
• Unlucky drivers with multiple tickets or accidents could pay at least $2,544
• An auto insurance policy for full coverage for a teenage driver can be $4,402

View Chart as Image

Insurance prices for a Chevrolet Traverse also have a wide range based on your driving characteristics, the model of your Traverse, and deductibles and policy limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay as much as $4,400 a year. View Rates by Age

Where you choose to live 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 at least $1,690 on average in Michigan, New York, and Louisiana.

View Chart as Image

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

If you have a few violations or tend to cause accidents, you are likely paying at least $1,400 to $1,900 additional annually, depending on your age. A high-risk auto insurance policy is expensive and can cost around 43% to 132% more than the average rate. View High Risk Driver Rates

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 More Affordable Chevrolet Traverse Insurance

Finding better rates on auto insurance consists of being a good driver, having a good credit history, refrain from filing small claims, and deciding if full coverage is necessary. Take the time to compare rates at least once a year by quoting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a summary of the primary concepts that were covered in the above illustrations.

• You may be able to save up to $140 per year just by quoting early and online
• Drivers who have multiple accidents or major violations pay on average $1,360 more every year than a safer driver
• Increasing policy deductibles can save around $450 each year
• Drivers age 16 to 20 are charged the highest prices, with the cost nearing $367 per month including comprehensive and collision insurance