Chevrolet Traverse Insurance Rates

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

Average premium for full coverage: $1,204

Policy rates broken down by type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for different Traverse trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. More rural locations are shown to have a lower frequency of physical damage claims than densely populated cities. The price range example below illustrates how your location can change insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates quotes for a targeted area and risk profile, instead of making a decision based on average rates.

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

More Rate Information

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

• The best discount rate is $704
• Raising to $1,000 deductibles will save approximately $160 each year
• The average rate for a good driver age 40 who has $500 deductibles is $1,204
• Using more expensive low deductibles will cost an extra $308 annually
• Drivers who are prone to accidents and violations could pay up to $2,580
• Policy cost for full coverage for a 16-year-old driver with full coverage can cost as much as $4,426

View Chart as Image

Insurance rates for a Chevrolet Traverse also range considerably based on your risk profile, the model year and trim level, and liability limits and deductibles.

An older driver with no violations or accidents and high deductibles may pay as low as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay at least $4,400 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Traverse insurance prices. A middle-age driver might find rates as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,620 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $470 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $327 more each 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 probably paying $1,400 to $1,900 additional every year, depending on your age. High-risk driver insurance is expensive and can cost from 43% to 130% more than a normal policy. View High Risk Driver Rates

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 Right Chevrolet Traverse Insurance

Finding cheaper rates on insurance for a Chevrolet Traverse consists of having a decent driving record, having a good credit history, being claim-free, and possibly raising deductibles. Invest the time to shop around at least every other year by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a quick rundown of the car insurance concepts illustrated above.

• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,380 more annually than a driver with a clean driving record
• It is possible to save approximately $140 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save around $475 each year
• Insureds who want additional liability coverage will pay an extra $400 annually to raise from a 30/60 limit to 250/500 limits