Gianetta Palmer is a writer, copywriter, and essayist. Her work has appeared in EverydayHealth.com, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

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Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He also has an MBA from the University of South Florid...

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Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jun 17, 2021

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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

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Are you looking for a new or used Chevrolet Traverse? And wondering how much it costs to insure by year? We researched average annual car insurance costs for each model year and have compiled the results for you below.

Chevrolet Traverse car insurance facts

  • Average full coverage auto insurance premium: $127/month

  • Most affordable companies: GEICO ($88/month) & Erie ($93/month)

  • Traverse car insurance cost vs. average rates: $39 less expensive than the average vehicle

Explore the pricing information below to find how much it will cost you to insure your Chevy Traverse by model year and auto insurer.

Make sure to comparison shop before making a new car purchase to save money. 

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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Below average Chevrolet Traverse insurer costs by state:

Risk factors affecting Chevrolet Traverse car insurance rates

The make and model of your vehicle, along with the year of manufacture, are the three most important factors in determining your car’s value, which in turn is the main factor in determining your car insurance premium. Your own personal driving history, age, marital status, credit scoretype of vehicle, coverage levels, and other personal factors are also important components of your rate.

How to save money on Chevy Traverse car insurance coverage?

Many driver discounts are available to people through most major auto insurance companies, such as

  • Student discounts

  • Safe drivers

  • Senior discounts

With all Chevrolet models, you can get the following car insurance discounts:

  • Passive restraint systems

  • Anti-lock brakes

  • Anti-theft devices

Chevrolet automobile brand

Chevrolet or referred to as Chevy, is a vehicle brand of General Motors specializing in popular, affordable cars for the United States market. The target market of Chevy is middle-class customers and the more affluent for higher-end models such as Cadillac. Chevrolet focuses on high quality, advanced technology, creative designs, and affordability. All Chevrolet automobiles have high safety ratings, with many of their cars getting “Top Safety Pick” and 5-star safety and crash test ratings from the National Highway Traffic Safety Administration (NHTSA). The Chevrolet Corvette, Tahoe, Silverado, and Suburban are some of their most popular vehicles.

Higher than average Chevy Traverse repair costs equal higher car insurance rates

Many consumers are attracted to Chevrolet’s creative designs, increased fuel efficiency, and driver-assist technologies, like Chevy’s Enhanced Driver Alert Package. Automotive parts are common but generally more expensive than popular vehicles, like the ToyotaHonda, or Subaru. Repairing a Chevrolet is higher than average since repair parts are slightly more expensive. For this reason, many Chevrolets are going to have higher than average car insurance rates to similar cars in their class.

Rapid depreciation for Chevrolet Traverse affecting auto policies

Another factor to consider for Chevrolets is rapid depreciation, affecting auto insurance rates. As your vehicle’s value goes down each year, your auto policy could go down at each renewal. On the other hand, in an auto accident, you need repair parts that rarely go down in price for all Chevy models. This could put you in a difficult situation position since many car insurance companies will subtract depreciation from the amount paid for your insurance claim resulting in a situation where your claim payout doesn’t fully cover your repair cost.

High IIHS and NHTSA safety ratings decreasing car insurance rates for drivers

Chevrolets are known for their safety ratings, safety features, 5-star crash test ratings, driver-assist technologies such as the Driver Alert Technology Package, and lower auto insurance rates for drivers with a good driving record, sometimes getting 20% driver discounts for passive restraints and safety features for most Chevrolet models. The Chevrolet Equinox, Cruze, and Bolt EV are the Insurance Institute for Highway Safety (IIHS) “Top Safety Picks,” and the NHTSA consistently gives Chevy automobiles top safety ratings each year, lowering your car insurance costs.

AutoInsureSavings.org licensed car insurance agents to recommend comprehensive and collision coverage, uninsured motorist coverage, and roadside assistance for new Chevrolet automobile owners when buying a car insurance policy.

Make sure to shop around with multiple car insurance carriers before making a new car purchase.

2021 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $2031
Acuity$2249
Allstate$1528
American Family$1219
Erie$1126
GEICO$1075
Kentucky Farm Bureau$1769
Liberty Mutual$1194
Nationwide$1260
Progressive$1748
Safe Auto$1586
State Farm$1495
Tennessee Farmers$1268
Texas Farm Bureau$1143
The Hanover$1969
Travelers$1359
USAA$1155

Compare all 2021 Chevrolet Traverse rates

Average Cost to Insure Per Year

$1529

List Price

$29800

Trims Available

L - LS - LT Cloth - LT Leather - RS - Premier - High Country - Base Engine: standard 310 horsepower 3.6L V6 engine with Chevy Safe Assist driver technologies: forward collision warning (FCW) with pedestrian detection, automatic emergency braking (AEB), lane departure warning (LDW), lane-keeping assistance (LKA), a following distance indicator, IntelliBeam automatic high-beam headlights, Standard and passive safety features: Adaptive Cruise Control, Lane Departure Warning, Rear Cross-Traffic Alert, Lane Change Alert with Side Blind Zone Alert, Safety Alert Seat, Onstar Safety and Security, Airbags, Anti-lock brakes, Stability control, Airbags, and Pretensioners

2020 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $2016
Allstate$1531
American Family$1216
Erie$1099
Farmers$1759
GEICO$1069
Liberty Mutual$1180
Mercury$1679
Nationwide$1259
Progressive$1746
State Farm$1490
Tennessee Farmers$1256
Texas Farm Bureau$1135
The Hanover$1956
Travelers$1298
USAA$1150

Compare all 2020 Chevrolet Traverse rates

Average Cost to Insure Per Year

$1469

List Price

$29800

Trims Available

L - LS - LT Cloth - LT Leather - RS - Premier - High Country - Base Engine: standard 310 horsepower 3.6L V6 engine with Chevy Safe Assist driver technologies: forward collision warning (FCW) with pedestrian detection, automatic emergency braking (AEB), lane departure warning (LDW), lane-keeping assistance (LKA), a following distance indicator, IntelliBeam automatic high-beam headlights, Standard and passive safety features: Adaptive Cruise Control, Lane Departure Warning, Rear Cross-Traffic Alert, Lane Change Alert with Side Blind Zone Alert, Safety Alert Seat, Onstar Safety and Security, Airbags, Anti-lock brakes, Stability control, Airbags, and Pretensioners

2019 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $2055
Allstate$1526
American Family$1203
Erie$1035
GEICO$1049
Kentucky Farm Bureau$1857
Liberty Mutual$1171
Mercury$1659
Nationwide$1354
Progressive$1735
State Farm$1478
Tennessee Farmers$1255
Texas Farm Bureau$1124
The Hanover$1964
Travelers$1290
USAA$1149

Compare all 2019 Chevrolet Traverse rates

Average Cost to Insure Per Year

$1420

List Price

$29930

Trims Available

L - LS - LT Cloth - LT Leather - RS - Premier - High Country - Base Engine: standard 310 horsepower 3.6L V6 engine with Chevy Safe Assist driver technologies: forward collision warning (FCW) with pedestrian detection, automatic emergency braking (AEB), lane departure warning (LDW), lane-keeping assistance (LKA), a following distance indicator, IntelliBeam automatic high-beam headlights, Standard and passive safety features: Adaptive Cruise Control, Lane Departure Warning, Rear Cross-Traffic Alert, Lane Change Alert with Side Blind Zone Alert, Safety Alert Seat, Onstar Safety and Security, Airbags, Anti-lock brakes, Stability control, Airbags, and Pretensioners

2018 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1039
Acuity$ 1039
Allied$ 977
Allied$ 977
Arbella$ 1110
Arbella$ 1110
Country$ 1062
Country$ 1062
Erie$ 935
Erie$ 935
GEICO$ 866
GEICO$ 866
Nationwide$ 1024
Nationwide$ 1024
Plymouth Rock Insurance$ 1061
Plymouth Rock Insurance$ 1061
Progressive$ 965
Progressive$ 965
State Farm$ 1031
State Farm$ 1031
USAA$ 1036
USAA$ 1036
Vermont Mutual$ 910
Vermont Mutual$ 910

Compare all 2018 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 1167

List Price

$ 29930

Trims Available

L - LS - LT Cloth - LT Leather - RS - Premier - High Country

2016 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 990
Acuity$ 990
Allied$ 997
Allied$ 997
Country$ 1005
Country$ 1005
Erie$ 683
Erie$ 683
GEICO$ 595
GEICO$ 595
Plymouth Rock Insurance$ 1009
Plymouth Rock Insurance$ 1009
Progressive$ 865
Progressive$ 865
State Farm$ 977
State Farm$ 977
Tennessee Farmers$ 908
Tennessee Farmers$ 908
Texas Farm Bureau$ 718
Texas Farm Bureau$ 718
USAA$ 862
USAA$ 862
Vermont Mutual$ 843
Vermont Mutual$ 843

Compare all 2016 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 968

List Price

$ 28700

Trims Available

LS - LT - LTZ

2015 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 960
Acuity$ 960
Allied$ 1008
Allied$ 1008
Country$ 998
Country$ 998
Erie$ 671
Erie$ 671
GEICO$ 588
GEICO$ 588
Plymouth Rock Insurance$ 990
Plymouth Rock Insurance$ 990
Progressive$ 886
Progressive$ 886
State Farm$ 889
State Farm$ 889
Tennessee Farmers$ 858
Tennessee Farmers$ 858
Texas Farm Bureau$ 727
Texas Farm Bureau$ 727
USAA$ 832
USAA$ 832
Vermont Mutual$ 811
Vermont Mutual$ 811

Compare all 2015 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 947

List Price

$ 30995

Trims Available

LS - LT - LTZ

2014 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 945
Acuity$ 945
Allied$ 986
Allied$ 986
Country$ 1000
Country$ 1000
Erie$ 649
Erie$ 649
GEICO$ 635
GEICO$ 635
Plymouth Rock Insurance$ 973
Plymouth Rock Insurance$ 973
Progressive$ 939
Progressive$ 939
State Farm$ 996
State Farm$ 996
Tennessee Farmers$ 847
Tennessee Farmers$ 847
Texas Farm Bureau$ 706
Texas Farm Bureau$ 706
USAA$ 852
USAA$ 852
Vermont Mutual$ 779
Vermont Mutual$ 779

Compare all 2014 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 958

List Price

$ 30795

Trims Available

LS - LT - LTZ

2013 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 908
Acuity$ 908
Arbella$ 946
Arbella$ 946
Country$ 971
Country$ 971
Erie$ 620
Erie$ 620
GEICO$ 539
GEICO$ 539
Plymouth Rock Insurance$ 942
Plymouth Rock Insurance$ 942
Progressive$ 837
Progressive$ 837
State Farm$ 871
State Farm$ 871
Tennessee Farmers$ 812
Tennessee Farmers$ 812
Texas Farm Bureau$ 746
Texas Farm Bureau$ 746
USAA$ 751
USAA$ 751
Vermont Mutual$ 743
Vermont Mutual$ 743

Compare all 2013 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 908

List Price

$ 30510

Trims Available

LS - LT - LTZ

2012 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 895
Acuity$ 895
Allied$ 985
Allied$ 985
Arbella$ 986
Arbella$ 986
Country$ 993
Country$ 993
Erie$ 678
Erie$ 678
GEICO$ 781
GEICO$ 781
Plymouth Rock Insurance$ 931
Plymouth Rock Insurance$ 931
State Farm$ 989
State Farm$ 989
Tennessee Farmers$ 835
Tennessee Farmers$ 835
Texas Farm Bureau$ 721
Texas Farm Bureau$ 721
USAA$ 860
USAA$ 860
Vermont Mutual$ 734
Vermont Mutual$ 734

Compare all 2012 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 965

List Price

$ 29660

Trims Available

LS - LT - LTZ

2011 Chevrolet Traverse

Cheapest Insurance CompaniesAverage Annual Cost
American Family$ 879
American Family$ 879
Arbella$ 828
Arbella$ 828
Country$ 877
Country$ 877
Erie$ 558
Erie$ 558
GEICO$ 478
GEICO$ 478
Plymouth Rock Insurance$ 896
Plymouth Rock Insurance$ 896
Progressive$ 733
Progressive$ 733
State Farm$ 747
State Farm$ 747
Tennessee Farmers$ 764
Tennessee Farmers$ 764
Texas Farm Bureau$ 676
Texas Farm Bureau$ 676
USAA$ 659
USAA$ 659
Vermont Mutual$ 659
Vermont Mutual$ 659

Compare all 2011 Chevrolet Traverse rates

Average Cost to Insure Per Year

$ 814

List Price

$ 29370

Trims Available

LS - LT - LTZ