2023 Chevrolet Traverse Car Insurance Calculator

Watch in real-time how different factors impact the insurance cost for a 2023 Chevrolet Traverse. Experiment with rate factors like gender of the driver, whether you're married or single, and the state and city you live in to see how insurance rates are affected. Instantly discover if rates increase or decrease and why.

The average estimated car insurance premium for a 2023 Chevrolet Traverse is $2,174 per year, or about $181 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,174

Cost Per Month

$181

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Chevrolet Traverse Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Chevrolet Traverse.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,174
Average Rate
Your Rate
$2,174

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Chevrolet Traverse trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Chevrolet Traverse is $2,174.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Chevrolet Traverse Segment Comparison

The table below compares insurance rates for the 2023 Chevrolet Traverse against all other models in the midsize SUV segment. The Chevrolet Traverse is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Chevrolet Traverse, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Chevrolet Traverse.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Chevrolet Traverse Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Honda Passport$1,774-$400
2Subaru Ascent$1,854-$320
3Ford Edge$1,932-$242
4Volkswagen Atlas$1,946-$228
5Ford Explorer$1,950-$224
6Nissan Murano$1,958-$216
7Subaru Outback$1,964-$210
8Volkswagen Atlas Cross Sport$2,036-$138
9Toyota Venza$2,076-$98
10Kia Sorento$2,092-$82
11Hyundai Palisade$2,118-$56
12Toyota 4Runner$2,134-$40
13GMC Acadia$2,168-$6
14Chevrolet Traverse$2,174--
15Honda Pilot$2,192$18
16Buick Enclave$2,196$22
17Nissan Pathfinder$2,210$36
18Mazda CX-9$2,220$46
2023 Midsize SUV Average$2,227$53
19Mitsubishi Outlander Sport$2,252$78
20Kia Telluride$2,266$92
21Toyota Highlander$2,284$110
22Chevrolet Blazer$2,306$132
23Hyundai Santa Fe$2,336$162
24Jeep Grand Cherokee$2,420$246
25Jeep Cherokee$2,464$290
26Jeep Wrangler$2,514$340
27Ford Bronco$2,536$362
28Tesla Model Y$2,548$374
29Mitsubishi Outlander PHEV$2,606$432
30Dodge Durango$2,708$534
31Rivian R1S$2,790$616

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 Traverse Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Chevrolet Traverse.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Chevrolet Traverse Insurance Rates by Trim Level
2023 Chevrolet Traverse Trim Level Annual Premium Cost Per Month
LS 2WD$2,010$168
LS AWD$2,052$171
LT Cloth 2WD$2,068$172
LT Cloth AWD$2,136$178
LT Leather 2WD$2,136$178
LT Leather AWD$2,166$181
RS 2WD$2,200$183
RS AWD$2,226$186
Premier 2WD$2,228$186
Premier AWD$2,264$189
High Country 2WD$2,286$191
High Country AWD$2,306$192

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Chevrolet Traverse for different driver ages.

2023 Chevrolet Traverse Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,730$644
17$7,464$622
18$6,643$554
19$6,075$506
20$4,651$388
21$4,441$370
22$3,973$331
23$3,289$274
24$3,102$259
25$2,520$210
30$2,312$193
35$2,236$186
40$2,174$181
45$2,034$170
50$1,930$161
55$1,800$150
60$1,804$150
65$1,916$160
70$2,080$173
75$2,452$204
80$3,014$251

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Chevrolet Traverse trim levels.