Chevy Tahoe Insurance Cost for 2023

Does a Chevrolet Tahoe have expensive car insurance rates?

We compared average insurance prices for the cheapest LS 2WD trim to the more expensive High Country 4WD model to look at how insurance on the Tahoe measures up to the rest of the large SUV segment.

Start a Free QuoteCompare Chevy Tahoe car insurance quotes and save on your next policy.

  • Chevy Tahoe insurance costs an estimated $1,696 per year on average, or about $141 per month for a policy with full coverage.
  • The cheapest Tahoe insurance is on the LS 2WD trim level at an estimated $1,588 per year. The most expensive is the High Country 4WD at $1,786 annually.
  • When compared to the entire large SUV segment, the Tahoe falls near the top at first out of nine total comparison vehicles.
  • On a state level, insurance rates range from a low of $1,028 per year in Maine to $2,282 in Michigan. Rates in a few larger cities include $1,654 in Nashville, TN, $1,206 in Charlotte, NC, and $1,816 in San Diego, CA.

How much does Chevrolet Tahoe car insurance cost?

Average Chevy Tahoe insurance cost is $1,696 per year for a full coverage policy. Average insurance cost per month for the Tahoe ranges from $132 to $149 depending on the trim level.

When priced by coverage type, comprehensive (or other-than-collision) coverage will cost about $426 a year, liability and medical payments insurance is about $496, and the remaining collision insurance is an estimated $774.

The following chart details average 2023 Chevrolet Tahoe car insurance rates using different combinations of risk and driver age.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Chevrolet Tahoe with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Chevrolet Tahoe trim levels.Data last updated on August 11, 2023
Chevrolet Tahoe Insurance Cost Summary
2023 Chevrolet Tahoe Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$3,844$320
Safe Driver Age 20$3,366$281
At-fault Accidents Age 40$2,384$199
Low Deductibles Age 40$2,226$186
Safe Driver Age 30$1,792$149
Safe Driver Age 40$1,696$141
Safe Driver Age 50$1,544$129
Safe Driver Age 60$1,516$126
High Deductibles Age 40$1,424$119
Discount Rate Age 40$1,412$118

The chart above shows average Tahoe insurance rates for a variety of different driver ages and risk scenarios for a 2023 model.

The table below breaks down full-coverage insurance rates back to the 2013 model year. For additional model years and comparisons between the cost of full coverage and liability-only coverage, see the liability insurance cost comparison table.

Chevrolet Tahoe Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 Chevrolet Tahoe$3,366$1,696$1,516
2022 Chevrolet Tahoe$3,394$1,702$1,524
2021 Chevrolet Tahoe$3,440$1,722$1,540
2020 Chevrolet Tahoe$3,398$1,700$1,520
2019 Chevrolet Tahoe$3,202$1,598$1,432
2018 Chevrolet Tahoe$3,110$1,550$1,392
2017 Chevrolet Tahoe$3,000$1,498$1,344
2016 Chevrolet Tahoe$2,874$1,436$1,288
2015 Chevrolet Tahoe$2,866$1,434$1,284
2014 Chevrolet Tahoe$2,514$1,264$1,132
2013 Chevrolet Tahoe$2,542$1,278$1,142

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Chevy Tahoe Insurance Cost by Model Year

A few additional observations regarding the cost to insure a Chevy Tahoe include:

  • Raising physical damage deductibles lowers cost. Raising your policy deductibles from $500 to $1,000 could save around $272 per year for a 40-year-old driver and $532 per year for a 20-year-old driver.
  • Low deductibles make insurance more expensive. Decreasing your policy deductibles from $500 to $250 could cost an additional $284 per year for a 40-year-old driver and $560 per year for a 20-year-old driver.
  • Car insurance for teenagers is expensive. Average rates for full coverage Tahoe insurance costs $6,006 per year for a 16-year-old driver, $5,630 per year for a 17-year-old driver, and $5,264 per year for an 18-year-old driver.
  • No accidents mean cheaper rates. Having multiple accidents could cost you more, possibly by an extra $2,360 per year for a 20-year-old driver and as much as $508 per year for a 60-year-old driver.
  • As you age, Chevrolet Tahoe car insurance rates get cheaper. The difference in insurance cost for a Chevrolet Tahoe between a 60-year-old driver ($1,516 per year) and a 30-year-old driver ($1,792 per year) is $276, or a savings of 16.7%.
  • Avoid traffic tickets to pay less. If you want to receive the cheapest Chevy Tahoe insurance cost, it pays not to be aggressive behind the wheel. As a matter of fact, just one or two blemishes on your motor vehicle report have the ramification of increasing insurance rates by up to $442 per year. Serious violations like reckless driving and leaving the scene of an accident, DUI, or driving on a revoked license could raise rates by an additional $1,550 or more.

Which Tahoe trim level has the cheapest insurance?

With Chevy Tahoe insurance costs ranging from $1,588 to $1,786 annually on average, the most budget-friendly model to insure is the LS 2WD. The second cheapest model to insure is the LS 4WD at $1,624 per year. Plan on paying a minimum of $132 per month for full coverage insurance.

For more equipped Tahoe trim levels, the three highest cost Tahoe models to insure are the Chevrolet Tahoe Premier 4WD, the High Country 2WD, and the High Country 4WD trim levels at $1,748,  $1,766, and $1,786 per year, respectively.

The following table shows average annual and semi-annual policy costs, plus a monthly budget amount, for each Tahoe model and trim level.

2023 Chevrolet Tahoe Insurance Cost by Trim Level
Chevrolet Tahoe Trim Level Annual Policy Six-Month Policy Per Month
LS 2WD$1,588$794$132
LS 4WD$1,624$812$135
LT 2WD$1,652$826$138
RST 2WD$1,680$840$140
LT 4WD$1,684$842$140
Z71 4WD$1,694$847$141
RST 4WD$1,706$853$142
Premier 2WD$1,728$864$144
Premier 4WD$1,748$874$146
High Country 2WD$1,766$883$147
High Country 4WD$1,786$893$149

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Chevrolet Tahoe, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 11, 2023
Chevrolet Tahoe Insurance Cost by Trim Level

How does Chevy Tahoe insurance cost compare?

When compared directly to other popular large SUVs, car insurance for a Tahoe costs $168 less per year than the Ford Expedition, $250 less than the GMC Yukon, $100 less than the Chevrolet Suburban, and $334 less than the Nissan Armada.

The Chevy Tahoe ranks first out of nine total vehicles in the large SUV segment. The Tahoe costs an average of $1,696 per year to insure for full coverage, and the class average is $1,982 annually, the Tahoe being $286 cheaper per year.

The table below shows how all the rates for the large SUV class and how the Tahoe compares.

Insurance Cost Comparison: Chevrolet Tahoe vs Large SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Tahoe$1,696--
2Chevrolet Suburban$1,796$100
3Ford Expedition$1,864$168
4Toyota Sequoia$1,872$176
5GMC Yukon$1,946$250
6Nissan Armada$2,030$334
7Jeep Wagoneer$2,130$434
8GMC Hummer EV$2,142$446
9Jeep Grand Wagoneer$2,360$664

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on August 12, 2023
Insurance Cost Comparison: Chevrolet Tahoe vs Large SUVs

When we factor in sticker price, we can see how the cost of insurance compares between the Tahoe and models with similar MSRP. For the 2023 model year, the average MSRP for a Tahoe is $66,686 and ranges from the cheapest LS 2WD model at $56,095 to the most expensive High Country 4WD costing $77,795 (before delivery and doc fees).

The models in the full-size SUV segment closest in cost to the Chevrolet Tahoe are the Jeep Wagoneer, Chevrolet Suburban, Toyota Sequoia, and Ford Expedition. Here’s how they compare to the Tahoe by MSRP and average insurance rates.

  • Compared to the Jeep Wagoneer – The MSRP for the 2023 Jeep Wagoneer averages $1,485 more than the average cost for the Chevrolet Tahoe ($68,171 compared to $66,686). The average insurance cost for the Tahoe compared to the Jeep Wagoneer is $434 less annually.
  • Compared to the Chevrolet Suburban – The 2023 Chevrolet Tahoe has an average MSRP that is $2,314 cheaper than the Chevrolet Suburban ($66,686 versus $69,000). Drivers can expect to pay approximately $100 more per year to insure the Chevrolet Suburban compared to a Tahoe.
  • Compared to the Toyota Sequoia – With an average sticker price of $69,267 and ranging from $58,300 to $76,000, the 2023 Toyota Sequoia costs $2,581 more than the average MSRP for the Chevrolet Tahoe. The cost to insure a Chevrolet Tahoe compared to the Toyota Sequoia is $176 less every 12 months on average.
  • Compared to the Ford Expedition – The average MSRP for a 2023 Chevrolet Tahoe is $5,357 cheaper than the Ford Expedition, at $66,686 compared to $72,043. Insuring a Chevrolet Tahoe compared to the Ford Expedition costs an average of $168 less every 12 months.

How much is liability insurance for a Chevy Tahoe?

The table below compares the difference in Chevy Tahoe insurance cost between full-coverage and liability-only Tahoe insurance rates for the 2001 through 2012 model years.

Chevrolet Tahoe Insurance Rates for 2001 to 2012 Model Years
Vehicle Model Year Full Coverage Insurance Liability Insurance
2012 Chevrolet Tahoe$1,240$600
2011 Chevrolet Tahoe$1,188$594
2010 Chevrolet Tahoe$1,144$590
2009 Chevrolet Tahoe$1,094$584
2008 Chevrolet Tahoe$1,046$576
2007 Chevrolet Tahoe$1,002$566
2006 Chevrolet Tahoe$988$560
2005 Chevrolet Tahoe$968$556
2004 Chevrolet Tahoe$940$552
2003 Chevrolet Tahoe$914$546
2002 Chevrolet Tahoe$896$535
2001 Chevrolet Tahoe$878$524

Get Rates in Your AreaWhy is this important?

Table Data Details: Average insurance rates for each Chevrolet Tahoe model year assume a 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to premium amounts. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Chevy Tahoe Insurance Rates for 2001 to 2012 Model Years

Tahoe insurance rates by U.S. city

The cost of insurance for a Chevrolet Tahoe varies widely, from cheaper rates like $1,206 a year in Charlotte, NC, or $1,262 in Columbus, OH, to higher rates such as $2,948 a year in New York City, NY and $2,608 in Los Angeles, CA.

Other larger metro area rates include Dallas, TX, costing $1,734 per year, Memphis, TN, at an estimated $1,978, Tucson, AZ, at $1,582, and Atlanta, GA, averaging $1,952.

The following bar chart shows average Chevrolet Tahoe insurance rates in thirty large metro areas in the U.S.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2023 Chevrolet Tahoe, 40-year-old married male driver with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are the average for all Chevrolet Tahoe trim levels.Data last updated on August 11, 2023
Chevrolet Tahoe Insurance Rates in Large U.S. Cities
Chevrolet Tahoe Insurance Rates by Location
City/State Annual Rate Monthly Rate
New York, NY$2,948$246
Philadelphia, PA$2,620$218
Las Vegas, NV$2,614$218
Los Angeles, CA$2,608$217
San Francisco, CA$2,262$189
Kansas City, MO$2,016$168
Oklahoma City, OK$2,016$168
Denver, CO$1,978$165
Memphis, TN$1,978$165
Atlanta, GA$1,952$163
San Jose, CA$1,900$158
Phoenix, AZ$1,848$154
Portland, OR$1,828$152
San Diego, CA$1,816$151
Boston, MA$1,810$151
Jacksonville, FL$1,800$150
Chicago, IL$1,760$147
Dallas, TX$1,734$145
Houston, TX$1,720$143
Seattle, WA$1,718$143
Nashville, TN$1,654$138
Milwaukee, WI$1,646$137
Albuquerque, NM$1,618$135
San Antonio, TX$1,566$131
Omaha, NE$1,522$127
Fort Worth, TX$1,514$126
Austin, TX$1,496$125
Indianapolis, IN$1,368$114
Columbus, OH$1,262$105
Charlotte, NC$1,206$101