Chevrolet Traverse Insurance Rates

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

Average premium for full coverage: $1,204

Policy rates for type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The diagram below illustrates how location impacts auto insurance rates.

The examples above highlight why it is important to get quotes for a specific zip code and risk profile, rather than using price averages.

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

Additional Rate Details

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

• The lowest rate with discounts is $704
• Choosing higher $1,000 deductibles can save about $1,044 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,204
• Choosing low $100 deductibles for comp and collision coverage will cost an extra $308 each year
• Drivers with multiple violations and an at-fault accident could pay at least $2,580 or more
• Policy cost for full coverage for a teenage driver can be $4,426 each year

View Chart as Image

Auto insurance rates for a Chevrolet Traverse also range considerably based on your risk profile, the model of your Traverse, and deductibles and policy limits.

Older drivers with a good driving record and high deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers will have to pay as much as $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 $930 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,720 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles can save as much as $470 a year, while buying higher liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $327 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,400 to $1,900 in extra premium every year, depending on your age. A high-risk auto insurance policy ranges around 43% to 130% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to get quotes and see how they stack up. Each auto insurer uses a different rate calculation, and quoted rates will be varied from one company to the next.

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 Best Chevrolet Traverse Insurance

Finding cheaper rates on auto insurance takes avoiding accidents and violations, having good credit, paying for small claims out-of-pocket, and maximizing policy discounts. Spend time shopping around every time your policy renews by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a brief recap of the information touched on above.

• You may be able to save up to $140 per year simply by quoting early and online
• Teenagers are expensive to insure, with premiums being up to $369 each month if they have full coverage
• Increasing comprehensive and collision deductibles can save around $475 each year
• Drivers who tend to receive serious violations pay on average $1,380 more every year for car insurance
• Consumers who may need higher liability limits will pay about $400 per year to raise limits from a 30/60 limit to 250/500 limits