Ford Explorer vs. Chevy Traverse – Which is Cheaper to Insure?

Does the Ford Explorer or the Chevrolet Traverse have cheaper car insurance? We crunched the numbers for the 2015 through 2023 model years to find the answer.

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  • At an average cost of $1,504 per year, a 2023 Ford Explorer is cheaper to insure than a 2023 Chevrolet Traverse by an average of $180 per year.
  • For a 2023 Ford Explorer, car insurance rates range from $1,362 to $1,562 per year, while insurance on a 2023 Chevrolet Traverse ranges from $1,560 to $1,786 for full-coverage.
  • Out of 31 models in the 2023 midsize SUV segment, the Ford Explorer ranks fourth and the Chevrolet Traverse ranks 14th for cheapest overall car insurance rates.

Is a Ford Explorer or Chevy Traverse cheaper to insure?

Insurance rates on a 2023 Ford Explorer cost an average of $1,504 per year, and insurance for a 2023 Chevrolet Traverse costs an average of $1,684 per year, making the Ford Explorer the cheaper model to insure by $180 per year.

For the 17 trim levels available for the 2023 Ford Explorer, the cheapest trim to insure is the XLT 2WD model at an average cost of $1,362 per year.

For the 12 trims available for the Chevrolet Traverse, the cheapest 2023 model to insure is the LS 2WD model at a cost of $1,560.

When rates for all 29 trim levels for both vehicles are compared, the lowest-cost model and trim level to insure is the Ford Explorer XLT 2WD at a cost of $1,362 per year. The most expensive trim is the Chevrolet Traverse High Country AWD costing $1,786 per year.

On a monthly basis, car insurance rates for all 2023 Ford Explorer and Chevrolet Traverse models range from $114 to $149 per month.

The table below compares and ranks the yearly and monthly cost of car insurance for 2023 Ford Explorer and Chevrolet Traverse models, broken down by trim level.

2023 Ford Explorer vs Chevrolet Traverse Insurance Cost by Trim Level
Model and Trim Level Annual Cost Monthly Cost
$1,362$114
$1,394$116
$1,462$122
$1,478$123
$1,490$124
$1,496$125
$1,498$125
$1,498$125
$1,510$126
$1,524$127
$1,532$128
$1,536$128
$1,542$129
$1,544$129
$1,550$129
$1,556$130
$1,560$130
$1,562$130
$1,592$133
$1,604$134
$1,658$138
$1,658$138
$1,680$140
$1,706$142
$1,726$144
$1,726$144
$1,752$146
$1,772$148
$1,786$149

Get Rates in Your AreaWhy is this important?

Table Data Details: Average annual and monthly cost assumes a clean driving record and no at-fault accidents for a 40-year-old driver rated on a 2023 Ford Explorer and a 2023 Chevrolet Traverse. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
2023 Ford Explorer vs Chevrolet Traverse Insurance Cost by Trim Level

The next chart demonstrates the average cost to insure both 2023 models rated for different driver ages. For a 2023 Ford Explorer, average insurance cost ranges from $1,364 to $2,960 per year for the included age groups. A 2023 Chevrolet Traverse costs from $1,534 to $3,326 to insure per year.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2023 Ford Explorer and a 2023 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2023 Ford Explorer vs. 2023 Chevrolet Traverse Insurance Cost
2023 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$2,960$1,600$1,504$1,364
Chevrolet Traverse$3,326$1,770$1,684$1,534

The two tables below show average cost to insure each trim level for a 2023 Ford Explorer and Chevrolet Traverse, including an overall average rate.

2023 Ford Explorer

$1,504

Insurance Rates by Trim Level for 2023 Ford Explorer
2023 Ford Explorer TrimsRate
XLT 2WD$1,362
XLT 4WD1,394
ST-Line 2WD1,462
Limited 2WD1,478
ST-Line 4WD1,490
Base 2WD1,496
Limited 4WD1,498
Timberline 4WD1,498
ST 2WD1,510
ST 4WD1,524
Base 4WD1,532
Limited Hybrid 2WD1,536
Platinum 2WD1,542
King Ranch 2WD1,544
Limited Hybrid 4WD1,550
Platinum 4WD1,556
King Ranch 4WD1,562
2023 Ford Explorer Average Rate$1,504

2023 Chevrolet Traverse

$1,684

Insurance Rates by Trim Level for 2023 Ford Explorer
2023 Chevrolet Traverse TrimsRate
LS 2WD$1,560
LS AWD1,592
LT Cloth 2WD1,604
LT Cloth AWD1,658
LT Leather 2WD1,658
LT Leather AWD1,680
RS 2WD1,706
Premier 2WD1,726
RS AWD1,726
Premier AWD1,752
High Country 2WD1,772
High Country AWD1,786
2023 Chevrolet Traverse Average Rate$1,684

2022 Ford Explorer vs. Chevrolet Traverse

For 2022, the cheapest model to insure is the Ford Explorer. Average car insurance rates for the Ford Explorer are $1,554 per year, and insurance for the Chevrolet Traverse averages $1,704 per year.

Insurance cost varies significantly depending on the trim level, however. For a 2022 Ford Explorer, rates range from $1,430 per year for the XLT 2WD model up to $1,642 for the Platinum 4WD model. For a 2022 Chevrolet Traverse, rates can range from $1,526 per year for the LS 2WD model up to $1,826 for the High Country AWD model.

When comparing car insurance rates for both models by trim level, the cheapest vehicle to insure is the Ford Explorer XLT 2WD at a cost of $1,430 per year. The most expensive trim is the Chevrolet Traverse High Country AWD costing an average of $1,826 per year.

For a 2022 Ford Explorer, the cheapest models are the XLT 2WD, XLT 4WD, and 2WD. The cheapest Chevrolet Traverse models include the LS 2WD, LS AWD, and LT Cloth 2WD. From a cost-per-month basis, car insurance rates for all 2022 Ford Explorer and Chevrolet Traverse models and trims range from $119 to $152 per month.

The table below compares annual and monthly car insurance cost for a 2022 Ford Explorer and Chevrolet Traverse. Rates for both models are combined and sorted from lowest to highest cost to allow for easy comparison of cost for individual models.

2022 Ford Explorer vs Chevrolet Traverse Insurance Cost by Trim Level
Model and Trim Level Annual Cost Monthly Cost
$1,430$119
$1,458$122
$1,460$122
$1,494$125
$1,526$127
$1,538$128
$1,544$129
$1,550$129
$1,558$130
$1,564$130
$1,570$131
$1,584$132
$1,616$135
$1,620$135
$1,624$135
$1,626$136
$1,636$136
$1,642$137
$1,666$139
$1,670$139
$1,674$140
$1,726$144
$1,764$147
$1,768$147
$1,776$148
$1,814$151
$1,826$152

Get Rates in Your AreaWhy is this important?

Table Data Details: Average annual and monthly cost assumes a clean driving record and no at-fault accidents for a 40-year-old driver rated on a 2022 Ford Explorer and a 2022 Chevrolet Traverse. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
2022 Ford Explorer vs Chevrolet Traverse Insurance Cost by Trim Level

The chart below displays the average cost to insure both models for different driver ages. For a 2022 Ford Explorer, average insurance cost ranges from $1,410 to $3,072 per year for the driver ages used. A 2022 Chevrolet Traverse costs from $1,552 to $3,378 to insure per year.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2022 Ford Explorer and a 2022 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2022 Ford Explorer vs. 2022 Chevrolet Traverse Insurance Cost
2022 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$3,072$1,646$1,554$1,410
Chevrolet Traverse$3,378$1,794$1,704$1,552

Out of 15 Ford Explorer trims, the cheapest 2022 trim to insure is the XLT 2WD trim at an average cost of $1,430 per year, or $119 per month. The 2022 Chevrolet Traverse has 12 trims available, with the cheapest trim to insure being the LS 2WD trim at an average cost of $1,526 per year, or about $127 per month.

When auto insurance rates for all 27 trim levels for the 2022 model year of both models are compared, the overall cheapest vehicle to insure is the Ford Explorer XLT 2WD at an average rate of $1,430 per year. The highest-cost model and trim level is the Chevrolet Traverse High Country AWD at an average cost of $1,826 per year.

The tables shown below show average car insurance rates for every trim level for both 2022 models, as well as the overall average rate for each model. The 2022 Ford Explorer wins the head-to-head comparison over the 2022 Chevrolet Traverse for the cheapest average car insurance rates.

2022 Ford Explorer

$1,554

Insurance Rates by Trim Level for 2022 Ford Explorer
2022 Ford Explorer TrimsRate
XLT 2WD$1,430
XLT 4WD1,458
2WD1,460
4WD1,494
ST 2WD1,538
ST-Line 2WD1,544
Limited 2WD1,550
Timberline 4WD1,558
ST-Line 4WD1,564
Limited 4WD1,570
ST 4WD1,584
King Ranch 2WD1,620
Platinum 2WD1,624
King Ranch 4WD1,636
Platinum 4WD1,642
2022 Ford Explorer Average Rate$1,554

2022 Chevrolet Traverse

$1,704

Insurance Rates by Trim Level for 2022 Ford Explorer
2022 Chevrolet Traverse TrimsRate
LS 2WD$1,526
LS AWD1,616
LT Cloth 2WD1,626
LT Leather 2WD1,666
LT Cloth AWD1,670
LT Leather AWD1,674
RS 2WD1,726
RS AWD1,764
Premier 2WD1,768
Premier AWD1,776
High Country 2WD1,814
High Country AWD1,826
2022 Chevrolet Traverse Average Rate$1,704

2021 Ford Explorer vs. Chevrolet Traverse

For 2021 Ford Explorer and Chevrolet Traverse models, the Ford Explorer has cheaper car insurance rates by an average of $26 per year for this comparison year.

The rate chart below shows the average cost to insure both 2021 models for drivers aged 20 to 50. Average insurance cost ranges from $1,450 to $3,154 per year for a 2021 Ford Explorer, and $1,470 to $3,202 for a 2021 Chevrolet Traverse for the included driver ages.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2021 Ford Explorer and a 2021 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2021 Ford Explorer vs. 2021 Chevrolet Traverse Insurance Cost
2021 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$3,154$1,676$1,590$1,450
Chevrolet Traverse$3,202$1,696$1,616$1,470

For the 13 trims available for the 2021 Ford Explorer, the cheapest trim level to insure is the 2WD trim at an average cost of $1,400 per year, or about $117 per month.

For the 13 trim levels available for the Chevrolet Traverse, the cheapest 2021 model to insure is the L 2WD model at a cost of $1,402 per year, or $117 per month.

When trim-level rates for both models are compared, the cheapest trim to insure is the Ford Explorer 2WD at an average rate of $1,400 per year, and the highest-cost model and trim level is the Chevrolet Traverse High Country AWD costing an average of $1,744 per year.

The next two rate tables show all the available trims for both 2021 models, as well as the overall average rate for each model. The 2021 Ford Explorer has cheaper overall car insurance rates than the 2021 Chevrolet Traverse.

2021 Ford Explorer

$1,590

Insurance Rates by Trim Level for 2021 Ford Explorer
2021 Ford Explorer TrimsRate
2WD$1,400
4WD1,448
XLT 2WD1,498
XLT 4WD1,498
Police 4WD1,546
Limited 2WD1,594
Timberline 4WD1,628
Limited 4WD1,642
ST 4WD1,642
King Ranch 2WD1,676
King Ranch 4WD1,692
Platinum 2WD1,692
Platinum 4WD1,706
2021 Ford Explorer Average Rate$1,590

2021 Chevrolet Traverse

$1,616

Insurance Rates by Trim Level for 2021 Ford Explorer
2021 Chevrolet Traverse TrimsRate
L 2WD$1,402
LS 2WD1,450
LS AWD1,550
LT Cloth 2WD1,550
LT Cloth AWD1,598
LT Leather 2WD1,598
LT Leather AWD1,646
RS 2WD1,646
Premier 2WD1,694
Premier AWD1,694
RS AWD1,694
High Country 2WD1,744
High Country AWD1,744
2021 Chevrolet Traverse Average Rate$1,616

2020 Ford Explorer vs. Chevrolet Traverse

When comparing car insurance rates for the 2020 Ford Explorer and Chevrolet Traverse models, the Ford Explorer is cheaper by an average of $66 per year for 2020.

The rate chart below demonstrates the average cost to insure both models for the 20 to 50-year-old driver age groups. For a 2020 Ford Explorer, average insurance cost ranges from $1,394 to $3,036 per year for the example age groups. A 2020 Chevrolet Traverse costs from $1,452 to $3,162 to insure per year.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2020 Ford Explorer and a 2020 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2020 Ford Explorer vs. 2020 Chevrolet Traverse Insurance Cost
2020 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$3,036$1,608$1,528$1,394
Chevrolet Traverse$3,162$1,672$1,594$1,452

For the nine trim levels available for the 2020 Ford Explorer, the cheapest trim to insure is the 2WD trim at an average cost of $1,380 per year.

For the 13 trim levels available for the Chevrolet Traverse, the cheapest 2020 trim to insure is the L 2WD trim at a cost of $1,384.

When comparing car insurance rates for both models by trim level, the overall cheapest vehicle to insure is the Ford Explorer 2WD at a cost of $1,380 per year, and the most expensive vehicle to insure is the Chevrolet Traverse High Country AWD at a cost of $1,720 per year.

The tables below illustrate trim level insurance cost averages for both 2020 models, along with an average cost for each model.

2020 Ford Explorer

$1,528

Insurance Rates by Trim Level for 2020 Ford Explorer
2020 Ford Explorer TrimsRate
2WD$1,380
4WD1,428
XLT 2WD1,476
XLT 4WD1,476
Police 4WD1,522
Limited 2WD1,570
Limited 4WD1,618
ST 4WD1,618
Platinum 4WD1,668
2020 Ford Explorer Average Rate$1,528

2020 Chevrolet Traverse

$1,594

Insurance Rates by Trim Level for 2020 Ford Explorer
2020 Chevrolet Traverse TrimsRate
L 2WD$1,384
LS 2WD1,432
LS AWD1,528
LT Cloth 2WD1,528
LT Cloth AWD1,576
LT Leather 2WD1,576
LT Leather AWD1,622
RS 2WD1,622
Premier 2WD1,670
Premier AWD1,670
RS AWD1,670
High Country 2WD1,720
High Country AWD1,720
2020 Chevrolet Traverse Average Rate$1,594

2019 Ford Explorer vs. Chevrolet Traverse

When comparing insurance rates for 2019 models, the Ford Explorer costs an average of $1,490 per year to insure and the Chevrolet Traverse costs $1,410, making the Chevrolet Traverse the winner by $80 for the 2019 comparison year.

The chart shown below shows the average cost to insure both models for drivers aged 20 to 50. Average insurance cost ranges from $1,358 to $2,964 per year for a 2019 Ford Explorer, and $1,286 to $2,790 for a 2019 Chevrolet Traverse for the age groups used in the chart.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2019 Ford Explorer and a 2019 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2019 Ford Explorer vs. 2019 Chevrolet Traverse Insurance Cost
2019 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$2,964$1,566$1,490$1,358
Chevrolet Traverse$2,790$1,480$1,410$1,286

The 2019 Ford Explorer has eight trim levels available, with the cheapest model to insure being the 2WD model at an average cost of $1,380 per year.

For the 11 trims available for the Chevrolet Traverse, the cheapest 2019 trim to insure is the L 2WD trim at a cost of $1,224.

When comparing car insurance rates for both models by trim level, the cheapest model and trim level to insure is the Chevrolet Traverse L 2WD at an average cost of $1,224 per year. The most expensive model and trim level is the Ford Explorer Platinum 4WD at a cost of $1,610 per year.

The two tables below display the average insurance cost by trim level for both 2019 models, plus an average rate for each model.

2019 Ford Explorer

$1,490

Insurance Rates by Trim Level for 2019 Ford Explorer
2019 Ford Explorer TrimsRate
2WD$1,380
4WD1,424
XLT 2WD1,424
XLT 4WD1,472
Limited 2WD1,518
Limited 4WD1,518
Sport 4WD1,564
Platinum 4WD1,610
2019 Ford Explorer Average Rate$1,490

2019 Chevrolet Traverse

$1,410

Insurance Rates by Trim Level for 2019 Ford Explorer
2019 Chevrolet Traverse TrimsRate
L 2WD$1,224
LS 2WD1,302
LS AWD1,360
LT Cloth 2WD1,360
LT Cloth AWD1,406
LT Leather 2WD1,406
LT Leather AWD1,452
RS 2WD1,452
Premier 2WD1,500
Premier AWD1,500
High Country AWD1,546
2019 Chevrolet Traverse Average Rate$1,410

2018 Ford Explorer vs. Chevrolet Traverse

For 2018 Ford Explorer and Chevrolet Traverse models, the Chevrolet Traverse has lower-cost car insurance by an average of $74 per year for this model year.

The next chart displays the average cost to insure both 2018 models for different driver ages. For a 2018 Ford Explorer, the average cost of car insurance ranges from $1,314 to $2,866 per year for the illustrated age groups. A 2018 Chevrolet Traverse costs from $1,246 to $2,704 to insure per year.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2018 Ford Explorer and a 2018 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2018 Ford Explorer vs. 2018 Chevrolet Traverse Insurance Cost
2018 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$2,866$1,510$1,438$1,314
Chevrolet Traverse$2,704$1,428$1,364$1,246

The 2018 Ford Explorer has nine trims available, with the cheapest trim to insure being the 2WD model at an average cost of $1,344 per year, or about $112 per month. Out of the nine trims available for the Chevrolet Traverse, the cheapest 2018 model to insure is the L 2WD model at a cost of $1,194 per year, or $100 per month.

When car insurance rates for all 18 trims of both models are combined and sorted by cost, the cheapest model and trim level to insure is the Chevrolet Traverse L 2WD at a cost of $1,194 per year. The highest-cost model and trim is the Ford Explorer Platinum 4WD at an average of $1,564 per year.

The next two rate tables display the cost to insure the available trim levels for both 2018 models, including an overall average rate. The 2018 Chevrolet Traverse has cheaper overall car insurance rates than the 2018 Ford Explorer.

2018 Ford Explorer

$1,438

Insurance Rates by Trim Level for 2018 Ford Explorer
2018 Ford Explorer TrimsRate
2WD$1,344
Police Edition 4WD1,344
4WD1,388
XLT 2WD1,388
XLT 4WD1,432
Limited 2WD1,476
Limited 4WD1,476
Sport 4WD1,522
Platinum 4WD1,564
2018 Ford Explorer Average Rate$1,438

2018 Chevrolet Traverse

$1,364

Insurance Rates by Trim Level for 2018 Ford Explorer
2018 Chevrolet Traverse TrimsRate
L 2WD$1,194
LS 2WD1,270
LS AWD1,326
LT 2WD1,326
LT AWD1,370
Premier 2WD1,414
RS 2WD1,414
Premier AWD1,458
High Country AWD1,502
2018 Chevrolet Traverse Average Rate$1,364

2017 Ford Explorer vs. Chevrolet Traverse

When comparing insurance cost for 2017 models, a Ford Explorer costs an average of $1,378 per year to insure and a Chevrolet Traverse costs $1,294, making the Chevrolet Traverse cheaper to insure by $84 per year for 2017.

The chart below displays the average cost to insure the two models using a range of rated driver ages. The average car insurance cost ranges from $1,258 to $2,742 per year for a 2017 Ford Explorer, and $1,180 to $2,556 for a 2017 Chevrolet Traverse for the included age groups.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2017 Ford Explorer and a 2017 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2017 Ford Explorer vs. 2017 Chevrolet Traverse Insurance Cost
2017 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$2,742$1,444$1,378$1,258
Chevrolet Traverse$2,556$1,350$1,294$1,180

Out of nine Ford Explorer trims, the cheapest 2017 trim level to insure is the 2WD model at an average cost of $1,294 per year.

The 2017 Chevrolet Traverse has six trims available, with the cheapest trim level to insure being the LS 2WD model at an average cost of $1,154 per year, or about $96 per month.

When comparing aggregated rates for both models from a trim-level perspective, the cheapest vehicle to insure is the Chevrolet Traverse LS 2WD at an average cost of $1,154 per year, and the most expensive trim is the Ford Explorer Platinum 4WD at a cost of $1,502 per year.

The next tables display average car insurance rates for every trim level for both 2017 models, plus the average rate for each model. The 2017 Chevrolet Traverse reigns victorious over the 2017 Ford Explorer for cheapest car insurance rates.

2017 Ford Explorer

$1,378

Insurance Rates by Trim Level for 2017 Ford Explorer
2017 Ford Explorer TrimsRate
2WD$1,294
Police Edition 4WD1,294
4WD1,338
XLT 2WD1,338
XLT 4WD1,338
Limited 2WD1,420
Limited 4WD1,420
Sport 4WD1,460
Platinum 4WD1,502
2017 Ford Explorer Average Rate$1,378

2017 Chevrolet Traverse

$1,294

Insurance Rates by Trim Level for 2017 Ford Explorer
2017 Chevrolet Traverse TrimsRate
LS 2WD$1,154
LS AWD1,280
LT 2WD1,280
LT AWD1,320
Premier 2WD1,362
Premier AWD1,362
2017 Chevrolet Traverse Average Rate$1,294

2016 Ford Explorer vs. Chevrolet Traverse

When comparing car insurance rates for 2016 models, the Ford Explorer costs an average of $1,466 per year to insure and the Chevrolet Traverse costs $1,248, making the Chevrolet Traverse the winner by $218.

The chart below visualizes the average cost to insure the two models with different ages of drivers. For a 2016 Ford Explorer, average insurance cost ranges from $1,338 to $2,938 per year for the driver ages used. A 2016 Chevrolet Traverse costs from $1,142 to $2,474 to insure per year.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2016 Ford Explorer and a 2016 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2016 Ford Explorer vs. 2016 Chevrolet Traverse Insurance Cost
2016 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$2,938$1,530$1,466$1,338
Chevrolet Traverse$2,474$1,302$1,248$1,142

The 2016 Ford Explorer has nine trims available, with the cheapest trim to insure being the 2WD trim at an average cost of $1,398 per year. For the six trim levels available for the Chevrolet Traverse, the cheapest 2016 model to insure is the LS 2WD model at a cost of $1,150.

When comparing both models at a trim-level basis, the cheapest trim to insure is the Chevrolet Traverse LS 2WD at a cost of $1,150 per year, and the highest-cost model and trim is the Ford Explorer Platinum 4WD at an average of $1,592 per year.

The next two rate tables illustrate average car insurance rates for every trim level for both 2016 models, as well as an average rate for each model.

2016 Ford Explorer

$1,466

Insurance Rates by Trim Level for 2016 Ford Explorer
2016 Ford Explorer TrimsRate
2WD$1,398
4WD1,398
Police Edition 4WD1,398
XLT 2WD1,436
XLT 4WD1,436
Limited 2WD1,512
Limited 4WD1,512
Sport 4WD1,512
Platinum 4WD1,592
2016 Ford Explorer Average Rate$1,466

2016 Chevrolet Traverse

$1,248

Insurance Rates by Trim Level for 2016 Ford Explorer
2016 Chevrolet Traverse TrimsRate
LS 2WD$1,150
LS AWD1,230
LT 2WD1,230
LT AWD1,268
LTZ 2WD1,308
LTZ AWD1,308
2016 Chevrolet Traverse Average Rate$1,248

2015 Ford Explorer vs. Chevrolet Traverse

For the 2015 Ford Explorer and Chevrolet Traverse models, the Chevrolet Traverse has cheaper car insurance rates by an average of $40 per year for this comparison year.

The chart below demonstrates the average cost to insure the two models for a range of driver ages. The average car insurance cost ranges from $1,208 to $2,632 per year for a 2015 Ford Explorer, and $1,172 to $2,552 for a 2015 Chevrolet Traverse for the age groups used in the chart.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average insurance rates are for a 2015 Ford Explorer and a 2015 Chevrolet Traverse with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Explorer and Chevrolet Traverse trim levels.Data last updated on December 30, 2022
2015 Ford Explorer vs. 2015 Chevrolet Traverse Insurance Cost
2015 Ford Explorer vs. Chevrolet Traverse Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Explorer$2,632$1,374$1,324$1,208
Chevrolet Traverse$2,552$1,330$1,284$1,172

The 2015 Ford Explorer has eight trims available, with the cheapest trim level to insure being the 2WD model at an average cost of $1,284 per year, or $107 per month.

For the six trim levels available for the Chevrolet Traverse, the cheapest 2015 trim to insure is the LS 2WD trim at a cost of $1,214.

When rates for all 14 trim levels for both vehicles are compared, the lowest-cost model and trim to insure is the Chevrolet Traverse LS 2WD at an average cost of $1,214 per year, and the highest-cost model and trim is the Ford Explorer Sport 4WD costing $1,392 per year.

The rate tables below show average cost to insure each trim level for a 2015 Ford Explorer and Chevrolet Traverse, as well as the overall average rate for each model. The 2015 Chevrolet Traverse takes the trophy over the 2015 Ford Explorer for cheapest auto insurance rates.

2015 Ford Explorer

$1,324

Insurance Rates by Trim Level for 2015 Ford Explorer
2015 Ford Explorer TrimsRate
2WD$1,284
4WD1,284
Police Edition 4WD1,284
XLT 2WD1,284
XLT 4WD1,322
Limited 2WD1,356
Limited 4WD1,392
Sport 4WD1,392
2015 Ford Explorer Average Rate$1,324

2015 Chevrolet Traverse

$1,284

Insurance Rates by Trim Level for 2015 Ford Explorer
2015 Chevrolet Traverse TrimsRate
LS 2WD$1,214
LS AWD1,214
LT 2WD1,284
LT AWD1,284
LTZ 2WD1,356
LTZ AWD1,356
2015 Chevrolet Traverse Average Rate$1,284

Additional Ford Explorer and Chevrolet Traverse Resources