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 insurance rates for a Chevrolet Tahoe are $1,368 a year for full coverage insurance. Comprehensive insurance costs an estimated $306, collision insurance costs $506, and liability coverage is estimated at $398. Liability-only coverage costs approximately $460 a year, and high-risk coverage costs $2,950 or more. Teenage drivers cost the most to insure at up to $5,078 a year.

Average premium for full coverage: $1,368

Policy rates broken down by type of insurance:

Full coverage includes $500 physical damage insurance deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for different Tahoe trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than densely populated cities. The price range example below illustrates how location impacts insurance prices.

The examples above illustrate why anyone shopping for car insurance should get quotes for a targeted area, rather than using average rates.

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

More Rate Information

The chart below illustrates average Chevrolet Tahoe insurance rates for other coverage scenarios.

• The best discount rate is $792
• Choosing higher $1,000 deductibles can save approximately $182 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,368
• Using more expensive low deductibles for comp and collision coverage will cost an additional $358 each year
• Drivers who are prone to accidents and violations could pay up to $2,950
• Policy cost that insures a teenage driver with full coverage can cost as much as $5,078 each year

View Chart as Image

Insurance rates for a Chevrolet Tahoe also range considerably based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,600 to $2,200 additional every year, depending on your age. High-risk driver insurance ranges around 43% to 131% more than a normal policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $5,000 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Tahoe insurance rates. A good driver about age 40 could pay as low as $900 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,850 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $540 a year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $358 more each year. View Rates by Deductible or Liability Limit

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 Find More Affordable Chevrolet Tahoe Insurance

Finding cheaper rates on auto insurance takes being a low-risk driver, having a good credit score, being claim-free, and possibly raising deductibles. Compare prices at least every other year by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The items below are a summary of the car insurance concepts touched on above.

• Drivers who have multiple accidents or major violations may have to pay on average $1,580 more annually to insure their Tahoe
• It is possible to save approximately $160 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $550 each year
• Consumers who want more liability coverage will pay an extra $440 annually to raise limits from a 30/60 limit to the 250/500 level

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