Compare Chevrolet Traverse Car Insurance Rates [2024]
Average Chevrolet Traverse car insurance rates cost $1,258 a year, or around $105 a month. Teens pay the highest rates at up to $4,598 a year, while good drivers may only pay $739. Chevrolet Traverse insurance costs around $261 less per year than the average vehicle. The average Chevrolet Traverse auto insurance rates are higher for newer models. For example, auto insurance rates for a 2020 Chevrolet Traverse cost $1,258, while 2010 Chevrolet Traverse rates are $1,018, a difference of $240.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
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UPDATED: May 5, 2024
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Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: May 5, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
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Key takeaways:
- Full coverage costs around $1,258 a year or $105 each month
- A liability-only policy costs around $505 a year or $42 each month
- Highest rates are for teenage drivers at around $4,598 a year or $383 each month
- Good drivers can save as much as $519 a year by earning policy discounts
- Chevrolet Traverse insurance costs around $261 less per year than the average vehicle
Cheap car insurance is possible with the Chevy Traverse. Chevrolet Traverse insurance rates average $1,258 a year or $105 a month for full coverage. Good drivers can save up to $519 a year in policy discounts on their Chevrolet Traverse insurance by practicing safe driving habits. Let’s take a closer look at Chevrolet Traverse insurance rates, crash test ratings, and more.
You can start comparing quotes for Chevrolet Traverse car insurance rates from some of the best car insurance companies by using our free online tool now.
Chevrolet Traverse Insurance Cost
The average Chevrolet Traverse car insurance rates are $1,258 a year or $105 a month.
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Are Chevrolet Traverses Expensive to Insure?
The chart below details how Chevrolet Traverse insurance rates compare to other SUVs like the GMC Terrain, Mercedes-Benz GLA 250, and Chevrolet Suburban.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Chevrolet Traverse | $336 | $470 | $316 | $1,258 |
| GMC Terrain | $322 | $562 | $316 | $1,336 |
| Mercedes-Benz GLA 250 | $370 | $714 | $450 | $1,714 |
| Chevrolet Suburban | $336 | $532 | $372 | $1,398 |
| Jeep Grand Cherokee | $322 | $562 | $372 | $1,414 |
| Chevrolet Tahoe | $336 | $532 | $372 | $1,398 |
| Toyota Sequoia | $332 | $566 | $398 | $1,454 |
However, there are a few things you can do to find the cheapest Chevrolet insurance rates online.
What Impacts the Cost of Chevrolet Traverse Insurance?
The Chevrolet Traverse trim and model you choose can impact the total price you will pay for affordable Chevrolet Traverse car insurance coverage.
Age of the Vehicle
The average Chevrolet Traverse auto insurance rates are higher for newer models. For example, auto insurance rates for a 2020 Chevrolet Traverse cost $1,258, while 2010 Chevrolet Traverse rates are $1,018, a difference of $240.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2020 Chevrolet Traverse | $336 | $470 | $316 | $1,258 |
| 2019 Chevrolet Traverse | $320 | $452 | $332 | $1,240 |
| 2018 Chevrolet Traverse | $306 | $448 | $338 | $1,228 |
| 2017 Chevrolet Traverse | $296 | $436 | $354 | $1,222 |
| 2016 Chevrolet Traverse | $286 | $418 | $364 | $1,204 |
| 2015 Chevrolet Traverse | $270 | $404 | $376 | $1,186 |
| 2014 Chevrolet Traverse | $260 | $374 | $384 | $1,154 |
| 2013 Chevrolet Traverse | $250 | $352 | $388 | $1,126 |
| 2012 Chevrolet Traverse | $240 | $316 | $390 | $1,082 |
| 2011 Chevrolet Traverse | $224 | $292 | $390 | $1,042 |
| 2010 Chevrolet Traverse | $216 | $272 | $394 | $1,018 |
Driver Age
Driver age can have a significant impact on Chevrolet Traverse auto insurance rates. For instance, a 30-year-old driver may pay $55 more each year for Chevrolet Traverse auto insurance than a 40-year-old driver.
Driver Location
Where you live can have a large impact on Chevrolet Traverse insurance rates. For example, drivers in Los Angeles may pay $692 a year more than drivers in Phoenix.
Your Driving Record
Your driving record can have an impact on the cost of Chevrolet Traverse auto insurance. Teens and drivers in their 20’s see sees the highest jump in their Chevrolet Traverse car insurance with violations on their driving record.
Chevrolet Traverse Safety Ratings
The Chevrolet Traverse’s safety ratings will affect your Chevrolet Traverse car insurance rates. See the chart below:
| Test Type | Rating |
| Small overlap front: driver-side | Good |
|---|---|
| Small overlap front: passenger-side | Not Tested |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
Chevrolet Traverse Crash Test Ratings
Good Chevrolet Traverse crash test ratings can lower your Chevrolet Traverse auto insurance rates. See Chevrolet Traverse crash test results below:
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Chevrolet Traverse SUV FWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2020 Chevrolet Traverse SUV AWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2019 Chevrolet Traverse SUV FWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2019 Chevrolet Traverse SUV AWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2018 Chevrolet Traverse SUV FWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2018 Chevrolet Traverse SUV AWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2017 Chevrolet Traverse SUV FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2017 Chevrolet Traverse SUV AWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2016 Chevrolet Traverse SUV FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2016 Chevrolet Traverse SUV AWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Chevrolet Traverse Safety Features
The Chevrolet Traverse safety features can help lower insurance costs. According to AutoBlog, the 2020 Chevrolet Traverse has the following safety features:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Electronic Stability Control
- Daytime Running Lights
- Child Safety Locks
- Traction Control
Chevrolet Traverse Insurance Loss Probability
Another contributing factor that affects Chevrolet Traverse car insurance rates is the loss probability for each type of coverage.
| Insurance Coverage Category | Loss Rate |
| Collision | -25% |
|---|---|
| Property Damage | 1% |
| Comprehensive | -28% |
| Personal Injury | -7% |
| Medical Payment | -10% |
| Bodily Injury | -10% |
| Source: Insurance Institute for Highway Safety | |
Chevrolet Traverse Finance and Insurance Cost
If you are financing a Chevrolet Traverse, you will pay more if you purchase Chevrolet Traverse car insurance at the dealership, so be sure to shop around and compare Chevrolet Traverse car insurance quotes from the best companies using our FREE tool below.
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Ways to Save on Chevrolet Traverse Insurance
There are many ways that you can save on Chevrolet Traverse car insurance to get the best value possible. Below are five scenarios you can explore to help keep your Chevrolet Traverse car insurance rates low.
- Avoid the Temptation to File a Claim for Minor Incidents
- Check Your Chevrolet Traverse Policy Carefully to Ensure All Information is Correct
- Ask About Farm and Ranch Vehicle Discounts
- Take a Refresher Course as an Older Driver
- Watch Your Insurer Closely When Your Chevrolet Traverse Needs Repairs
Top Chevrolet Traverse Insurance Companies
The best auto insurance companies for Chevrolet Traverse car insurance rates will offer competitive rates, discounts, and account for the Chevrolet Traverse’s safety features. The following list of car insurance companies outlines which companies hold the highest market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Factors That Determine Chevrolet Traverse Car Insurance Rates
While the value of your vehicle is something that is out of your control when the provider determines a rate to offer you, you can use other factors you can control to work in your favor.
Being a safe driver will help you get one of the lowest rates possible. Your driving history affects your insurance rates the most. Having a clean record, or at least very few accidents and moving traffic violations is probably the best thing you can use to lower your rates.
Check out this table to see just how much does a Chevy Traverse cost to insure if you have had any dings on your driving record.
Toyota Scion Average Annual Car Insurance Rates by Driving Record
| Companies | Rates with Clean Record | Rates with With 1 Accident | Rates with With 1 DUI | Rates with With 1 Speeding Violation |
|---|---|---|---|---|
| USAA | $1,933.68 | $2,516.24 | $3,506.03 | $2,193.25 |
| Geico | $2,145.96 | $3,192.77 | $4,875.87 | $2,645.43 |
| American Family | $2,693.61 | $3,722.75 | $4,330.24 | $3,025.74 |
| Nationwide | $2,746.18 | $3,396.95 | $4,543.20 | $3,113.68 |
| State Farm | $2,821.18 | $3,396.01 | $3,636.80 | $3,186.01 |
| Progressive | $3,393.09 | $4,777.04 | $3,969.65 | $4,002.28 |
| Travelers | $3,447.69 | $4,289.74 | $5,741.40 | $4,260.80 |
| Farmers | $3,460.60 | $4,518.73 | $4,718.75 | $4,079.01 |
| Allstate | $3,819.90 | $4,987.68 | $6,260.73 | $4,483.51 |
| Liberty Mutual | $4,774.30 | $6,204.78 | $7,613.48 | $5,701.26 |
Read more: Compare Scion Car Insurance Rates
One speeding ticket can cost you an average of $45 a month more than if you have a clean record. One accident will raise your monthly average rate by $80.
The more problems you have had in your past, whether you have many insurance claims, accidents, or tickets, the riskier you will be viewed as a person to insure. Practicing good driving habits is a very easy way to lower your car insurance and keep you safe.
Some states also allow insurers to look at your credit score when determining rates. Getting your credit score as high as you can will not only save you on car insurance, but it will also save you when you make a large purchase like a car or home.
Watch this video to learn some common factors that car insurance companies use to determine rates.
When you compare car insurance, make sure you know how each company looks at these factors. Some companies use age as a large factor, while other companies might use your address.
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Safety Features On The Chevrolet Traverse
Did you know that your car’s safety features can get you a discount on your insurance? Since these features can help you avoid an accident, insurers will sometimes offer discounts if your car has them.
Check out these safety features on the Traverse:
- Tire Pressure Monitoring System
- Electronic Stability Control
- Four-Wheel Anti-Lock Brakes
- Daytime Running Lights
- Child Seat Anchors
- Airbags (front, head, side)
- Seatbelt Pretensioners
- Auto Crash Notifying System (alerts authorities automatically)
According to the Insurance Institute for Highway Safety, the Chevy Traverse is a very safe vehicle. The Traverse was tested by the government for collisions and the results were very good.
- In frontal impacts, the vehicle received a perfect five stars for both the driver and passenger.
- Side-impact tests for the Traverse also got a perfect five out of five stars.
- Rollover tests resulted in four out of five stars.
Safety ratings are weighed heavily in the calculations of insurance providers, and the vehicles great score means you can expect a base insurance quote to be more than reasonable.
While it may not seem like a big deal, standard features like tire pressure monitors and daytime running lights can lead to discounts that save you some big money.
Again, each provider weighs certain safety features differently and offer different amounts of deductions for each. That means it is very important you shop around comparing as many quotes as possible.
The overall value of the vehicle will determine your Chevrolet Traverse insurance cost, along with safety features, and many other factors.
The age of your vehicle makes a difference as well. 2018 Chevrolet traverse insurance will be much cheaper than a newer model.
Tips To Help Lower Your Chevy Traverse Car Insurance Costs
Getting great Chevrolet Traverse car insurance cost rates doesn’t have to be too difficult. Choosing to have a higher coverage deductible will help lower costs because you agree to pay more out of your pocket if there is an accident or claim.
Those who aren’t safe drivers may not benefit from that, but if you are relatively certain that you can avoid an accident, it can be a great tool to utilize. Getting homeowners insurance, if possible, from the same company can also get you better discounts.
You can also change your coverage amount to lower your costs. Full coverage will cover your car and the other person’s car if you cause an accident, while liability-only coverage will only cover the other driver’s property and bodily injury. If you drive an older car, making this switch might make financial sense for you.
There are many discounts out there. Some of the more popular ones are:
- Multi-car or multi-policy
- Good student
- Military or occupation
- Senior driver
- Driver’s education
Keep in mind that not all companies offer the same discounts or the same discount amounts. Always be sure to check with a company to see what is offered and compare companies to get the best rates.
Other Chevy Traverse Car Insurance Aspects
Where you live can affect how much your Chevrolet Traverse automobile insurance rates cost as well. Living in a city will most likely mean you pay more for the same vehicle than someone who lives in a rural area. If an area has a high crime rate, you can bet your car insurance rates will go up.
How much you drive is important as well, because the more time you spend on the road, the higher your chances of having an accident are. Some companies charge more if you have a longer commute.
To make sure you get the best rate, shop around and compare quotes since they can vary greatly between insurance providers. Not every car insurance company will charge the same rates for your coverage, and many of them offer different discounts, too.
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Compare Free Chevrolet Traverse Insurance Quotes Online
Save money by comparing Chevrolet Traverse insurance rates with free quotes online now and, once you’ve found the best rates, buy your Chevy Traverse car insurance.
Frequently Asked Questions
How much does car insurance for a Chevrolet Traverse cost?
The cost of car insurance for a Chevrolet Traverse can vary depending on various factors, such as your location, driving history, age, and coverage needs. Insurance providers will also consider the model year of your Chevrolet Traverse, its safety features, and the cost of repairs or replacement. To get an accurate estimate, it’s recommended to request quotes from different insurance companies.
What are the typical coverage options for Chevrolet Traverse car insurance?
The typical coverage options for Chevrolet Traverse car insurance include liability coverage, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage, and personal injury protection. The coverage options you choose will depend on your needs and budget.
Are there any discounts available for insuring a Chevrolet Traverse?
Many insurance providers offer discounts that can help reduce the cost of insuring a Chevrolet Traverse. Common discounts include multi-policy discounts (insuring your home or other vehicles with the same company), good driver discounts, safety feature discounts (if your Chevrolet Traverse has anti-theft devices or advanced safety features), and discounts for completing driver education courses. Inquire with insurance providers to learn about the specific discounts they offer.
What factors can affect the cost of Chevrolet Traverse car insurance?
Several factors can impact the cost of Chevrolet Traverse car insurance, including your driving history, age, location, credit score, annual mileage, and the coverage options you choose. Additionally, factors such as the crime rate and accident statistics in your area, the cost of repairs for the Chevrolet Traverse, and the likelihood of theft may also influence insurance rates. Provide accurate information to insurance providers to ensure an accurate quote.
Are there any specialized insurance considerations for insuring a Chevrolet Traverse?
Insuring a Chevrolet Traverse typically does not have any specific specialized insurance considerations. However, it’s important to check with insurance providers for any vehicle-specific requirements or recommendations. Additionally, if you have customized or modified your Chevrolet Traverse, you may need to inform your insurance company to ensure proper coverage.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.