Chevrolet Traverse LTZ 2WD Insurance Rates

The average insurance rates for a Chevrolet Traverse LTZ 2WD are $1,340 a year with full coverage. Comprehensive costs on average $354 a year, collision insurance costs $540, and liability coverage costs around $310. A liability-only policy costs as low as $370 a year, and high-risk insurance costs around $2,860. Teen drivers cost the most to insure at up to $4,740 a year.

Annual premium for full coverage: $1,340

Policy rates by individual coverage type:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Chevrolet Traverse Trim Level

Urban vs. Rural Price Range

Where you live has a large influence on auto insurance rates. Rural areas are shown to have lower incidents of collision claims than larger metro areas. The diagram below illustrates the effect of geographic area on car insurance rates.

These price differences demonstrate why it is important for drivers to compare prices based on a specific location, rather than using price averages.

Use the form below to get rates for your location.

Car insurance rates for a Chevrolet Traverse LTZ 2WD also range considerably based on the model year 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 $1,500 to $2,100 extra every year, depending on your age. A high-risk auto insurance policy can be around 44% to 126% more than average. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,200 a year, or $100 per month, for full coverage. Prices are highest for teenagers, since even teens with perfect driving records will be charged upwards of $4,700 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Traverse LTZ 2WD insurance rates. A driver around age 40 might see prices as low as $970 a year in states like Indiana, Ohio, and Vermont, or as much as $1,790 on average in New Jersey, Michigan, and Montana. Rates by state and city are shown later in the article.

Choosing high deductibles could cut prices by as much as $600 a 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 prices by up to $279 extra every 12 months. View Rates by Deductible or Liability Limit

Because prices have so much variability, the best way to find out exactly what you will pay is to get quotes and see how they stack up. Each insurance company uses a different rate calculation, so rate quotes will be varied.

View Chart as Image

The chart above shows Chevrolet Traverse LTZ 2WD insurance prices for various risks and coverage choices. The cheapest price with discounts is $774. Drivers who choose higher $1,000 deductibles will pay $1,138. The average price for a 40-year-old male driver using $500 deductibles is $1,340. Choosing low $100 deductibles for comp and collision coverage could cost up to $1,732. High risk drivers could be charged around $2,860. The cost for full coverage insurance for a teen driver can be as high as $4,740.

View Chart as Image