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.

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  • Chevy Tahoe insurance costs an estimated $1,654 per year on average, or about $138 per month for a policy with full coverage.
  • The cheapest Tahoe insurance is on the LS 2WD trim level at an estimated $1,548 per year. The most expensive is the High Country 4WD at $1,740 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 $996 per year in Maine to $2,258 in Michigan. Rates in a few larger cities include $1,620 in Nashville, TN, $1,170 in Charlotte, NC, and $1,782 in San Diego, CA.

How much does Chevrolet Tahoe car insurance cost?

Average Chevy Tahoe insurance cost is $1,654 per year for a full coverage policy. Average insurance cost per month for the Tahoe ranges from $129 to $145 depending on the trim level.

When priced by coverage type, comprehensive (or other-than-collision) coverage will cost about $416 a year, liability and medical payments insurance is about $484, and the remaining collision insurance is an estimated $754.

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

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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 January 23, 2023
Chevrolet Tahoe Insurance Cost Summary
2023 Chevrolet Tahoe Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$3,744$312
Safe Driver Age 20$3,280$273
At-fault Accidents Age 40$2,322$194
Low Deductibles Age 40$2,170$181
Safe Driver Age 30$1,746$146
Safe Driver Age 40$1,654$138
Safe Driver Age 50$1,506$126
Safe Driver Age 60$1,478$123
High Deductibles Age 40$1,388$116
Discount Rate Age 40$1,374$115

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$3,280$1,654$1,478
2022 Chevrolet Tahoe$3,308$1,660$1,486
2021 Chevrolet Tahoe$3,350$1,678$1,500
2020 Chevrolet Tahoe$3,310$1,656$1,480
2019 Chevrolet Tahoe$3,120$1,558$1,398
2018 Chevrolet Tahoe$3,030$1,512$1,358
2017 Chevrolet Tahoe$2,922$1,460$1,312
2016 Chevrolet Tahoe$2,798$1,400$1,258
2015 Chevrolet Tahoe$2,788$1,396$1,250
2014 Chevrolet Tahoe$2,450$1,230$1,102
2013 Chevrolet Tahoe$2,472$1,244$1,114

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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 January 23, 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 $266 per year for a 40-year-old driver and $518 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 $274 per year for a 40-year-old driver and $544 per year for a 20-year-old driver.
  • Car insurance for teenagers is expensive. Average rates for full coverage Tahoe insurance costs $5,852 per year for a 16-year-old driver, $5,486 per year for a 17-year-old driver, and $5,130 per year for an 18-year-old driver.
  • No accidents mean cheaper rates. Having multiple accidents could cost you more, possibly by an extra $2,296 per year for a 20-year-old driver and as much as $490 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 ($1,478 per year) and a 30-year-old driver ($1,746 per year) is $268, or a savings of 15.3%.
  • 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 $430 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 $1,510 or more.

Which Tahoe trim level has the cheapest insurance?

With Chevy Tahoe insurance cost ranging from $1,548 to $1,740 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 $1,584 per year. Plan on paying a minimum of $129 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 $1,706,  $1,720, and $1,740 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$1,548$774$129
LS 4WD$1,584$792$132
LT 2WD$1,610$805$134
RST 2WD$1,636$818$136
LT 4WD$1,642$821$137
Z71 4WD$1,654$827$138
RST 4WD$1,662$831$139
Premier 2WD$1,682$841$140
Premier 4WD$1,706$853$142
High Country 2WD$1,720$860$143
High Country 4WD$1,740$870$145

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 February 5, 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 $162 less per year than the Ford Expedition, $240 less than the GMC Yukon, $96 less than the Chevrolet Suburban, and $322 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 $1,654 per year to insure for full coverage, and the class average is $1,930 annually, the Tahoe being $276 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$1,654--
2Chevrolet Suburban$1,750$96
3Ford Expedition$1,816$162
4Toyota Sequoia$1,826$172
5GMC Yukon$1,894$240
6Nissan Armada$1,976$322
7Jeep Wagoneer$2,072$418
8GMC Hummer EV$2,088$434
9Jeep Grand Wagoneer$2,296$642

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 January 23, 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 $418 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 $96 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 $172 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 $162 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$1,206$582
2011 Chevrolet Tahoe$1,156$578
2010 Chevrolet Tahoe$1,112$574
2009 Chevrolet Tahoe$1,066$568
2008 Chevrolet Tahoe$1,016$558
2007 Chevrolet Tahoe$974$550
2006 Chevrolet Tahoe$960$544
2005 Chevrolet Tahoe$942$540
2004 Chevrolet Tahoe$912$536
2003 Chevrolet Tahoe$888$530
2002 Chevrolet Tahoe$870$519
2001 Chevrolet Tahoe$853$509

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 January 23, 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 $1,170 a year in Charlotte, NC, or $1,224 in Columbus, OH, to higher rates such as $2,912 a year in New York City, NY and $2,572 in Los Angeles, CA.

Other larger metro area rates include Dallas, TX, costing $1,696 per year, Memphis, TN, at an estimated $1,944, Tucson, AZ, at $1,550, and Atlanta, GA, averaging $1,918.

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 January 23, 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$2,912$243
Philadelphia, PA$2,586$216
Las Vegas, NV$2,580$215
Los Angeles, CA$2,572$214
San Francisco, CA$2,226$186
Kansas City, MO$1,982$165
Oklahoma City, OK$1,982$165
Denver, CO$1,944$162
Memphis, TN$1,944$162
Atlanta, GA$1,918$160
San Jose, CA$1,864$155
Phoenix, AZ$1,816$151
Portland, OR$1,790$149
San Diego, CA$1,782$149
Boston, MA$1,776$148
Jacksonville, FL$1,772$148
Chicago, IL$1,720$143
Dallas, TX$1,696$141
Houston, TX$1,688$141
Seattle, WA$1,680$140
Nashville, TN$1,620$135
Milwaukee, WI$1,610$134
Albuquerque, NM$1,580$132
San Antonio, TX$1,530$128
Omaha, NE$1,488$124
Fort Worth, TX$1,478$123
Austin, TX$1,460$122
Indianapolis, IN$1,330$111
Columbus, OH$1,224$102
Charlotte, NC$1,170$98