Chevy Traverse vs. Hyundai Santa Fe Insurance Cost

• For 2024 models, a Chevrolet Traverse has less-expensive car insurance than a Hyundai Santa Fe by an average of $188 per year.
• For a 2024 Chevrolet Traverse, insurance rates range from $2,116 to $2,370 per year, while car insurance for a 2024 Hyundai Santa Fe ranges from $2,184 to $2,578.
• Out of 34 models in the 2024 midsize SUV segment, the Chevrolet Traverse ranks 11^th and the Hyundai Santa Fe ranks 21^st for most affordable car insurance.
• If cheap car insurance is your top consideration, the LS 2WD and LS AWD trims are the cheapest Chevrolet Traverse models to insure, while the SE and SEL trims are the cheapest Hyundai Santa Fe models to insure.

Is insurance cheaper on a Chevy Traverse or Hyundai Santa Fe?

Average insurance rates for a 2024 Chevrolet Traverse are $2,238 per year, whereas the 2024 Hyundai Santa Fe costs an average of $2,426 per year, making the Chevrolet Traverse the cheapest to insure.

Out of seven trims for the 2024 Chevrolet Traverse, the cheapest average insurance prices are on the LS 2WD model at a cost of $2,116 per year. For the 10 trims available for the Hyundai Santa Fe, the cheapest 2024 model to insure is the SE model at a cost of $2,184 per year, or $182 per month.

When comparing car insurance rates for both models by trim level, the lowest-cost model and trim is the Chevrolet Traverse LS 2WD at an average rate of $2,116 per year, and the most expensive model and trim level is the Hyundai Santa Fe Plug-in Hybrid Limited costing an average of $2,578 per year.

The table shown below ranks the yearly and monthly cost of car insurance for 2024 Chevrolet Traverse and Hyundai Santa Fe models, with average rates for each trim level.

The chart shown below illustrates the average cost to insure the two models using a range of rated driver ages. Average car insurance cost ranges from $1,990 to $4,468 per year for a 2024 Chevrolet Traverse, and $2,142 to $4,910 for a 2024 Hyundai Santa Fe for the driver ages used.

The tables below display average cost to insure each trim level for a 2024 Chevrolet Traverse and Hyundai Santa Fe, as well as an average rate for each model. The model with cheapest overall car insurance cost for 2024 is the Chevrolet Traverse.

2023 Chevrolet Traverse vs. Hyundai Santa Fe

For the 2023 model year, the model with the lower car insurance rates is the Chevrolet Traverse. Insurance rates for the Chevrolet Traverse average $2,226 per year, and insurance for a Hyundai Santa Fe averages $2,392 per year.

Out of 12 Chevrolet Traverse trim levels, the cheapest 2023 trim to insure is the LS 2WD trim at an average cost of $2,058 per year, or $172 per month. For the 10 trim levels available for the Hyundai Santa Fe, the cheapest 2023 trim level to insure is the SE model at a cost of $2,168 per year, or about $181 per month.

When rates are compared for the 22 trim levels of both 2023 models, the lowest-cost model and trim to insure is the Chevrolet Traverse LS 2WD at an average of $2,058 per year. The highest-cost model and trim level is the Hyundai Santa Fe Plug-in Hybrid Limited at an average cost of $2,530 per year.

The rate table below compares and ranks the annual and monthly cost of car insurance for 2023 Chevrolet Traverse and Hyundai Santa Fe models, showing cost for each trim level of both models.

The next chart demonstrates the average cost to insure the two models for the 20 to 50-year-old driver age groups. Insurance cost ranges from $1,976 to $4,446 per year for a 2023 Chevrolet Traverse, and $2,118 to $4,838 for a 2023 Hyundai Santa Fe for the example age groups.

The two tables below display average car insurance rates for every trim level for both 2023 models, along with an average cost for each model.

2022 Chevrolet Traverse vs. Hyundai Santa Fe

Car insurance for a 2022 Chevrolet Traverse averages $2,252 per year, and insurance for a Hyundai Santa Fe costs an average of $2,282 per year, making the Chevrolet Traverse the winner by $30 per year.

Within each model, however, insurance rates vary greatly depending on the trim level.

For a 2022 Chevrolet Traverse, insurance rates range from the lowest rate of $2,012 per year for the LS 2WD model up to $2,418 for the High Country AWD model.

For a 2022 Hyundai Santa Fe, rates range from $2,120 per year for the SE model up to $2,430 for the most expensive to insure Plug-in Hybrid Limited model.

When comparing rates by trim level for both models, the cheapest vehicle to insure is the Chevrolet Traverse LS 2WD at an average of $2,012 per year, and the most expensive vehicle to insure is the Hyundai Santa Fe Plug-in Hybrid Limited at a cost of $2,430 per year.

For a 2022 Chevrolet Traverse, the cheapest models are the LS 2WD, LS AWD, and LT Cloth 2WD. The cheapest Hyundai Santa Fe models include the SE, SEL, and Hybrid Blue. Insurance rates for all 2022 Chevrolet Traverse and Hyundai Santa Fe trim levels range from $168 to $203 per month.

The table shown below compares and ranks the annual and monthly cost of car insurance for 2022 Chevrolet Traverse and Hyundai Santa Fe models, showing average cost for every trim level.

The bar chart below compares annual average 2022 Chevrolet Traverse car insurance rates and 2022 Hyundai Santa Fe insurance cost based on different driver ages.

Out of 12 trims for the 2022 Chevrolet Traverse, the cheapest rates are on the LS 2WD model at a cost of $2,012 per year, or around $168 per month.

For the 10 trims available for the Hyundai Santa Fe, the cheapest 2022 trim to insure is the SE trim at a cost of $2,120 per year, or about $177 per month.

When looking at the aggregated rates by trim for both models, the cheapest trim to insure is the Chevrolet Traverse LS 2WD at an average rate of $2,012 per year. The most expensive model and trim level is the Hyundai Santa Fe Plug-in Hybrid Limited costing an average of $2,430 per year.

The tables below show the expected annual car insurance cost by trim level for both 2022 models, along with an average cost for each model. The cheapest of the two models to insure for the 2022 model year is the Chevrolet Traverse.

2021 Chevrolet Traverse vs. Hyundai Santa Fe

When comparing average insurance rates for the 2021 Chevrolet Traverse and Hyundai Santa Fe models, the Chevrolet Traverse is cheaper by an average of $130 per year.

The rate chart below shows the average cost to insure both models rated for different driver ages. The average car insurance cost ranges from $1,896 to $4,282 per year for a 2021 Chevrolet Traverse, and $2,016 to $4,586 for a 2021 Hyundai Santa Fe for the included driver ages.

For the 13 trim levels available for the 2021 Chevrolet Traverse, the cheapest model to insure is the L 2WD trim at an average cost of $1,844 per year, or about $154 per month.

For the 14 trims available for the Hyundai Santa Fe, the cheapest 2021 trim level to insure is the SE 2WD model at a cost of $2,114 per year, or $176 per month.

When comparing car insurance rates for both models by trim level, the most affordable model and trim level to insure is the Chevrolet Traverse L 2WD at an average cost of $1,844 per year, and the highest-cost model and trim level is the Hyundai Santa Fe SEL 2.0 Plus Premium AWD at a cost of $2,378 per year.

The tables below show the expected annual car insurance cost by trim level for both 2021 models, as well as the overall average rate for each model. The model with the cheapest auto insurance rates for 2021 is the Chevrolet Traverse.

2020 Chevrolet Traverse vs. Hyundai Santa Fe

When comparing insurance rates for the 2020 Chevrolet Traverse and Hyundai Santa Fe models, the Chevrolet Traverse is cheaper to insure by an average of $128 per year.

The rate chart below shows the average cost to insure both 2020 models for different driver ages. For a 2020 Chevrolet Traverse, the average car insurance cost ranges from $1,842 to $4,162 per year for the included age groups. A 2020 Hyundai Santa Fe costs from $1,962 to $4,456 to insure per year.

The 2020 Chevrolet Traverse has 13 trims available, with the cheapest model to insure being the L 2WD trim at an average cost of $1,796 per year, or $150 per month.

For the 14 trims available for the Hyundai Santa Fe, the cheapest 2020 model to insure is the SE 2WD model at a cost of $2,056.

When trim-level rates for both models are compared, the overall cheapest vehicle to insure is the Chevrolet Traverse L 2WD at an average cost of $1,796 per year, and the highest-cost model and trim is the Hyundai Santa Fe SEL 2.0 Plus Premium AWD at a cost of $2,308 per year.

The rate tables below display the average cost to insure each trim level for a 2020 Chevrolet Traverse and Hyundai Santa Fe, including an overall average cost for each model.

2019 Chevrolet Traverse vs. Hyundai Santa Fe

For 2019 Chevrolet Traverse and Hyundai Santa Fe models, the Chevrolet Traverse has cheaper car insurance rates by an average of $240 per year for this model year.

The chart shown below illustrates the average cost to insure both models using a range of rated driver ages. Average insurance cost ranges from $1,624 to $3,652 per year for a 2019 Chevrolet Traverse, and $1,838 to $4,188 for a 2019 Hyundai Santa Fe for the age groups used in the chart.

For the 11 trim levels available for the 2019 Chevrolet Traverse, the cheapest trim to insure is the L 2WD model at an average cost of $1,578 per year. The 2019 Hyundai Santa Fe has 20 trims available, with the cheapest trim level to insure being the XL SE 2WD trim at an average cost of $1,846 per year.

When rates are compared for the 31 trim levels of both 2019 models, the cheapest trim to insure is the Chevrolet Traverse L 2WD at an average rate of $1,578 per year, and the highest-cost model and trim is the Hyundai Santa Fe Ultimate AWD costing an average of $2,242 per year.

The tables below illustrate average car insurance cost by trim level for a 2019 Chevrolet Traverse and Hyundai Santa Fe, including an overall average cost for each model. The 2019 Chevrolet Traverse comes out with a win over the 2019 Hyundai Santa Fe for cheapest auto insurance rates.

2018 Chevrolet Traverse vs. Hyundai Santa Fe

For the 2018 Chevrolet Traverse and Hyundai Santa Fe models, the Chevrolet Traverse has cheaper car insurance rates by an average of $368 per year.

The rate chart below illustrates the average cost to insure the two models using drivers aged 20 to 50. For a 2018 Chevrolet Traverse, the average cost of car insurance ranges from $1,544 to $3,468 per year for the age groups used in the chart. A 2018 Hyundai Santa Fe costs from $1,874 to $4,258 to insure per year.

The 2018 Chevrolet Traverse has nine trim levels available, with the cheapest trim to insure being the L 2WD trim at an average cost of $1,516 per year.

For the 12 trims available for the Hyundai Santa Fe, the cheapest 2018 trim to insure is the Sport 2WD trim at a cost of $1,976.

When comparing aggregated rates for both models from a trim-level perspective, the lowest-cost model and trim level to insure is the Chevrolet Traverse L 2WD at an average rate of $1,516 per year. The most expensive model and trim level is the Hyundai Santa Fe SE Ultimate AWD at an average of $2,204 per year.

The next two tables illustrate trim level insurance rates for each 2018 model, along with the average rate for each model. The 2018 Chevrolet Traverse has more affordable average car insurance rates than the 2018 Hyundai Santa Fe.

2017 Chevrolet Traverse vs. Hyundai Santa Fe

For the 2017 Chevrolet Traverse and Hyundai Santa Fe models, the Chevrolet Traverse is cheaper to insure by an average of $310 per year for this model year.

The rate chart below demonstrates the average cost to insure both 2017 models rated for different driver ages. The average cost of car insurance ranges from $1,476 to $3,296 per year for a 2017 Chevrolet Traverse, and $1,758 to $3,976 for a 2017 Hyundai Santa Fe.

For the six trims available for the 2017 Chevrolet Traverse, the cheapest trim level to insure is the LS 2WD trim at an average cost of $1,470 per year, or around $123 per month.

The 2017 Hyundai Santa Fe has 12 trims available, with the cheapest model to insure being the Sport 2WD trim at an average cost of $1,800 per year.

When insurance rates for all 18 trims of both models are combined and sorted by cost, the lowest-cost model and trim to insure is the Chevrolet Traverse LS 2WD at an average of $1,470 per year, and the most expensive model and trim level is the Hyundai Santa Fe Sport 2.0T Ultimate 2WD at an average cost of $2,070 per year.

The two tables below illustrate average car insurance rates for every trim level for both 2017 models, including the average rate for each model. The 2017 Chevrolet Traverse has more affordable average car insurance than the 2017 Hyundai Santa Fe.

2016 Chevrolet Traverse vs. Hyundai Santa Fe

When comparing average insurance rates for 2016 models, a Chevrolet Traverse costs an average of $1,548 per year to insure and a Hyundai Santa Fe costs $1,732, making the Chevrolet Traverse cheaper to insure by $184 per year.

The chart below visualizes the average cost to insure both models for a range of driver ages. The average car insurance cost ranges from $1,386 to $3,088 per year for a 2016 Chevrolet Traverse, and $1,548 to $3,502 for a 2016 Hyundai Santa Fe for the illustrated age groups.

Out of six Chevrolet Traverse trim levels, the cheapest 2016 trim to insure is the LS 2WD model at an average cost of $1,426 per year, or about $119 per month. For the 17 trims available for the Hyundai Santa Fe, the cheapest 2016 model to insure is the Sport 2WD model at a cost of $1,592 per year, or around $133 per month.

When rates are compared for the 23 trim levels of both 2016 models, the cheapest trim to insure is the Chevrolet Traverse LS 2WD at an average of $1,426 per year. The most expensive trim is the Hyundai Santa Fe Sport 2.0T Tech 4WD costing an average of $1,840 per year.

The two tables below illustrate the average cost to insure all 2016 trim levels, along with the average rate for each model.

2015 Chevrolet Traverse vs. Hyundai Santa Fe

When comparing car insurance rates for 2015 models, the Chevrolet Traverse costs an average of $1,590 per year to insure and the Hyundai Santa Fe costs $1,644, making the Chevrolet Traverse the winner by $54.

The chart shown below shows the average cost to insure the two models for the 20 to 50-year-old driver age groups. For a 2015 Chevrolet Traverse, the average cost of car insurance ranges from $1,426 to $3,202 per year for the illustrated age groups. A 2015 Hyundai Santa Fe costs from $1,472 to $3,336 to insure per year.

The 2015 Chevrolet Traverse has six trims available, with the cheapest model to insure being the LS 2WD model at an average cost of $1,498 per year.

The 2015 Hyundai Santa Fe has 15 trim levels available, with the cheapest trim to insure being the Sport 2WD trim at an average cost of $1,504 per year.

When trim-level rates for both models are compared, the overall cheapest vehicle to insure is the Chevrolet Traverse LS 2WD at an average rate of $1,498 per year. The most expensive vehicle to insure is the Hyundai Santa Fe Sport 2.0T Tech 4WD costing an average of $1,780 per year.

The tables shown below display average car insurance cost by trim level for each 2015 model, along with an average cost for each model. The cheapest model to insure for the 2015 model year is the Chevrolet Traverse.

Additional Chevrolet Traverse and Hyundai Santa Fe Resources

• Chevrolet Traverse Insurance Rates
• Hyundai Santa Fe Insurance Rates
• Midsize SUV Insurance Rate Comparisons