Compare 2021 Chevrolet Traverse Car Insurance Quotes in 2024

Want lower insurance rates? Drivers have many options when trying to find affordable Chevy Traverse insurance. You can either waste hours struggling with agents to get rate comparisons or utilize the internet to find the lowest rates. There are both good and bad ways to compare insurance rates and you need to know the best way to compare rates for your Chevy and obtain the cheapest rates either online or from local insurance agents.

It’s a good habit to compare rates before your policy renews since insurance prices go up and down regularly. If you had the best rate on Traverse coverage six months ago there may be better deals available now. Block out anything you think you know about insurance because you’re about to find out the tricks you need to know to eliminate unnecessary coverages and save money.

Auto Insurance Discounts

Insuring your fleet can be pricey, but there could be significant discounts to reduce the price significantly. Certain reductions will be credited when you complete an application, but some need to be specifically requested before you get the savings.

• Discounts for New Vehicles – Putting coverage on a new car can save you some money since newer vehicles have better safety ratings.
• Early Switch Discount – Some companies provide a discount for switching companies before your current coverage expires. You may see this discount when you get auto insurance quotes online.
• Low Mileage Discounts – Low annual miles can qualify you for lower auto insurance rates due to less chance of an accident.
• College Student – College-age children who attend college more than 100 miles from home and don’t have a car may be able to be covered for less.
• Lower Rates for Military – Being on active duty in the military can result in better prices.
• Mature Driver Discount – Drivers over the age of 55 may qualify for a slight reduction on a auto insurance quote on Traverse coverage.
• Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Traverse coverage than drivers with accidents.

A little note about advertised discounts, most discounts do not apply to the whole policy. Some only reduce specific coverage prices like liability and collision coverage. Even though it may seem like you could get a free auto insurance policy, it’s just not the way it works.

A list of auto insurance companies and some of their more popular discounts are:

• State Farm offers premium reductions for passive restraint, multiple autos, defensive driving training, Drive Safe & Save, and good driver.
• Liberty Mutual offers discounts including exclusive group savings, hybrid vehicle, new graduate, multi-policy, and newly married.
• American Family may offer discounts for Steer into Savings, TimeAway discount, mySafetyValet, bundled insurance, early bird, multi-vehicle, and good student.
• Progressive includes discounts for continuous coverage, online quote discount, good student, multi-vehicle, homeowner, and online signing.
• Farmers Insurance offers discounts for teen driver, distant student, early shopping, good student, and youthful driver.
• Auto-Owners Insurance policyholders can earn discounts including multi-policy, group or association, company car, anti-lock brakes, and good student.
• SAFECO has savings for anti-theft, accident prevention training, safe driver, multi-car, and bundle discounts.

Before purchasing a policy, check with each company or agent the best way to save money. Depending on the company, some discounts may not be available in your state. To see a list of providers offering auto insurance discounts, enter your zip code here.

Learn how to lower your insurance prices

Multiple criteria are used when premium rates are determined. Some of the criteria are obvious such as traffic violations, but others are less obvious like your continuous coverage or your commute time.

• Do you really need the extra coverages? – There are a ton of additional coverages that you can buy but may not be useful. Coverages like coverage for rental cars, towing coverage, and Farm Bureau memberships may be costing you every month. You may think they are a good idea when you first buy your policy, but your money might be better spent on other coverage so get rid of them and save.
• Premiums and your address – Residing in small towns and rural areas has it’s advantages when insuring your vehicles. Fewer drivers on the road means less chance of accidents as well as less vandalism and auto theft. Drivers in populated areas have to deal with more road rage incidents and more severe claims. More time on the road means more chances of being involved in an auto accident.
• Multi-policy discounts can save money – Lots of insurance companies afford a discount for people who consolidate policies with them. It’s known as a multi-policy discount. The discount can be ten or even up to twenty percent in some cases. Even if you’re getting this discount it’s still a good idea to compare other insurance prices to ensure the best deal. There is a chance you can save even more than the discount by insuring with multiple companies.
• Prevent insurance lapses – Driving without insurance coverage in place can get you a ticket and any future policy may cost more because you let your insurance lapse. In addition to paying higher rates, the inability to provide proof of insurance could result in a hefty fine and possibly a revoked license.
• Premiums can be impacted by your vocation – Jobs like military personnel, police officers and medical professionals are shown to have higher premiums than the average policyholder because of job stress and incredibly demanding work hours. Other jobs such as farmers, engineers and retirees pay lower than average rates on Traverse coverage.

Tailor your insurance coverage to you

When it comes to buying adequate coverage for your vehicles, there is no cookie cutter policy. Each situation is unique.

These are some specific questions might point out if your insurance needs could use an agent’s help.

• What is an SR-22 filing?
• Am I covered if I hit my neighbor’s mailbox?
• Should I file a claim if it’s only slightly more than my deductible?
• Do I have coverage for damage caused while driving under the influence?
• How do I insure my teen driver?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• What is medical payments coverage?
• Do I need PIP (personal injury protection) coverage in my state?
• Is Motor Club coverage worth it?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, fill out your zip code. It’s fast, doesn’t cost anything and may give you better protection.

The largest companies are not always cheapest

Consumers can’t avoid all the ads for cheaper insurance coverage by Progressive, Allstate and GEICO. All the ads try to convey promises about how much you will save just by moving your policy.

How is it plausible that every one can charge you a lower premium?

All the different companies quote their cheapest rates for the type of customer that makes them money. An example of a driver they prefer may be between the ages of 30 and 50, has no driving citations, and has great credit. A prospective insured who matches that profile will get low rates and will save money with a new company.

Drivers who are not a match for this ideal profile will be quoted higher premium rates and this can result in the customer buying from a different company. If you pay attention, the ads say “customers that switch” not “everybody who quotes” save that much. That’s why insurance companies can make claims that they all have the best prices. That is why drivers should compare quotes as often as possible. It’s just not possible to know the company that will provide you with the cheapest premium rates.

Coverages available on your policy

Having a good grasp of a car insurance policy can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Medical expense insurance

Med pay and PIP coverage kick in for bills for X-ray expenses, funeral costs, ambulance fees and nursing services. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, fire damage, theft and damage from getting keyed. The most your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

Collision coverage will pay to fix damage to your Traverse from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like damaging your car on a curb, colliding with another moving vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Chevy Traverse.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Liability coverage

Liability insurance will cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability insurance covers things such as emergency aid, repair costs for stationary objects, pain and suffering and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.

In Summary

As you prepare to switch companies, it’s not a good idea to buy less coverage just to save a little money. There have been many situations where an accident victim reduced liability limits or collision coverage only to regret at claim time that the few dollars in savings costed them thousands. The ultimate goal is to purchase plenty of coverage for the lowest price, but don’t skip important coverages to save money.

People who switch companies do it for a variety of reasons including policy cancellation, denial of a claim, unfair underwriting practices and even extreme rates for teen drivers. Regardless of your reason for switching companies, choosing a new company is pretty easy and you might even save some money in the process.

Lower-priced insurance can be purchased from both online companies and from local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance providers may not have rates over the internet and most of the time these small, regional companies work with independent insurance agencies.