Chevrolet Tahoe Insurance Rates

Is a Chevy Tahoe expensive to insure? How much does it cost to insure a Chevy Tahoe compared to other vehicles? The average Chevrolet Tahoe insurance rates are $1,398 a year, or $116 a month, which is average.

While rates may be slightly different for those purchasing 2005 Chevy Tahoe insurance versus 2020 Chevy Tahoe auto insurance, rates should still be around this price range. Use our guide to learn more about Chevy Tahoe car insurance and how you can find an affordable Chevrolet Tahoe car insurance company near you.

Use our free rate comparison tool above to find the best Chevrolet Tahoe car insurance quotes in your area.

The average auto insurance rates for a Chevrolet Tahoe are $1,368 annually for full coverage. Comprehensive costs approximately $306, collision costs $506, and liability costs around $398. Liability-only insurance costs as low as $460 a year, with high-risk driver insurance costing around $2,950. Teenage drivers cost the most to insure at $5,078 a year or more.

Average premium for full coverage: $1,368

Policy rates by type of insurance:

Estimates include $500 policy deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all states and for different Tahoe trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. Rural locations are shown to have fewer accident claims than densely populated cities.

The price range example below illustrates how location impacts auto insurance prices.

The examples above show why anyone shopping for car insurance should compare prices using their specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Rate Information

The chart below shows estimated Chevrolet Tahoe insurance rates for additional coverage and risk scenarios.

• The best discount rate is $792
• Using higher $1,000 deductibles will save $182 a year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,368
• Using more expensive low deductibles for physical damage coverage will cost $1,726
• High-risk insureds who are prone to accidents and violations could pay around $2,950 or more
• Policy cost with full coverage for a 16-year-old driver with full coverage can cost $5,078 or more

View Chart as Image

Auto insurance rates for a Chevrolet Tahoe also range considerably based on the model year and trim level, your driver profile, and physical damage deductibles and liability limits.

An older driver with a good driving record and high physical damage deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay in the ballpark of $5,000 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying anywhere from $1,600 to $2,200 in extra premium every year, depending on your age. High-risk driver insurance can be from 43% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $540 annually, while increasing your policy's liability limits will push rates upward. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $358 extra every year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Chevrolet Tahoe insurance prices. A driver around age 40 might see rates as low as $900 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,960 on average in New York, Louisiana, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to compare rates from multiple companies. Each insurance company uses a different method to calculate rates, and quoted rates will be varied between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 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 Buy Low Cost Chevrolet Tahoe Insurance

Finding cheaper rates on insurance for a Chevrolet Tahoe requires avoiding accidents and claims, having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Spend time shopping around at every policy renewal by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The points below are a review of the data touched on above.

• Insureds who purchase increased liability limits will pay an extra $440 each year to increase from a 30/60 limit to higher 250/500 limits
• Drivers can save around $160 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $550 each year
• Drivers under the age of 20 have the highest car insurance rates, costing up to $423 each month if full coverage is included

To start shopping for Chevy Tahoe insurance rates now, use our free tool below.

What are the safety ratings of the Chevrolet Tahoe?

The Chevrolet Tahoe has some great safety features, which can help improve Chevrolet Tahoe safety ratings. Some of the more advanced safety features include 4-wheel disc brakes, adjustable pedals, lane departure warning, and lane-keeping assist.

Because the Chevrolet Tahoe has not been crash-tested by the Insurance Institute for Highway Safety (IIHS), there is no test data. This means that insurers will base their rates based on what they know about the Chevrolet Tahoe. This includes safety features, data on claims filed, and crash test ratings for similar models.

Chevrolet Tahoe Compared Against Other Vehicles in the Same Class

The Chevrolet Tahoe is a large SUV, which means it may have slightly higher liability rates than other vehicles. Why? Larger vehicles can do more damage to other vehicles in crashes, meaning higher liability claims may be filed. The good news is that the IIHS rated the Chevrolet Tahoe’s liability losses as average, so insurance rates should be average as well.

Take a look at the vehicles below to see how other large SUVs’ rates compare to the Chevrolet Tahoe’s insurance rates.

• Dodge Durango Insurance Rates
• Ford Expedition Insurance Rates
• GMC Yukon Insurance Rates

Ready to find savings on car insurance? Use our free rate comparison tool to find cheap Chevrolet Tahoe auto insurance rates in your area.

References:

1. https://www.iihs.org/ratings/insurance-losses-by-make-and-model