- Chevy Tahoe insurance costs an estimated $1,532 per year on average, or about $128 per month for a policy with full coverage.
- The cheapest Tahoe insurance is on the LS 2WD trim level at an estimated $1,424 per year. The most expensive is the High Country 4WD at $1,614 annually.
- When compared to the entire large SUV segment, the Tahoe falls near the top at #1 out of nine total comparison vehicles.
- On a state level, insurance rates range from a low of $1,056 per year in Maine to $2,436 in Michigan. Rates in a few larger cities include $1,556 in Nashville, TN, $1,094 in Charlotte, NC, and $1,720 in San Diego, CA.
How much does Chevrolet Tahoe car insurance cost?
Average Chevy Tahoe insurance cost is $1,532 per year for a full coverage policy. Average insurance cost per month for the Tahoe ranges from $119 to $135 depending on the trim level.
When priced by coverage type, comprehensive (or other-than-collision) coverage will cost about $376 a year, liability and medical payments insurance is about $436, and the remaining collision insurance is an estimated $720.
The following chart details average 2022 Chevrolet Tahoe car insurance rates using different combinations of risk and driver age.
|Driver Risk Profile||Annual Rate||Monthly Rate|
|High Risk Driver Age 30||$3,480||$290|
|Safe Driver Age 20||$3,046||$254|
|At-fault Accidents Age 40||$2,154||$180|
|Low Deductibles Age 40||$2,014||$168|
|Safe Driver Age 30||$1,618||$135|
|Safe Driver Age 40||$1,532||$128|
|Safe Driver Age 50||$1,394||$116|
|Safe Driver Age 60||$1,370||$114|
|High Deductibles Age 40||$1,284||$107|
|Discount Rate Age 40||$1,272||$106|
The chart above shows average Tahoe insurance rates for a variety of different driver ages and risk scenarios for a 2022 model.
The table below 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.
|Model Year||Driver Age 20||Age 30||Age 40||Age 50||Age 60|
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 $248 per year for a 40-year-old driver and $484 per year for a 20-year-old driver.
- Low deductibles makes insurance more expensive. Decreasing your policy deductibles from $500 to $250 could cost an additional $258 per year for a 40-year-old driver and $514 per year for a 20-year-old driver.
- Car insurance for teenagers is expensive. Average rates for full coverage Tahoe insurance costs $5,428 per year for a 16-year-old driver, $5,096 per year for a 17-year-old driver, and $4,766 per year for a 18-year-old driver.
- No accidents means cheaper rates. Having multiple accidents could cost you more, possibly by an extra $2,138 per year for a 20-year-old driver and as much as $460 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 ($1,370 per year) and a 30-year-old driver ($1,618 per year) is $248, 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 to not 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 $398 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 $1,404 or more.
Which Tahoe trim level has the cheapest insurance?
With Chevy Tahoe insurance cost ranging from $1,424 to $1,614 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 $1,460 per year. Plan on paying a minimum of $119 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 $1,582, $1,596, and $1,614 per year, respectively.
The next table shows average annual and semi-annual policy costs, plus a monthly budget amount, for each Tahoe model and trim level.
|Chevrolet Tahoe Trim Level||Annual Policy||6-month Policy||Per Month|
|High Country 2WD||$1,596||$798||$133|
|High Country 4WD||$1,614||$807||$135|
How does Chevy Tahoe insurance cost compare?
When compared directly to other popular large SUVs, car insurance for a Tahoe costs $90 less per year than the Ford Expedition, $162 less than the GMC Yukon, $46 less than the Chevrolet Suburban, and $158 less than the Nissan Armada.
The Chevy Tahoe ranks #1 out of nine total vehicles in the large SUV segment. The Tahoe costs an average of $1,532 per year to insure for full coverage, and the class average is $1,720 annually, the Tahoe being $188 cheaper per year.
The table below shows how all the rates for the large SUV class and how the Tahoe compares.
|8||GMC Hummer EV||$1,928||$396|
|9||Jeep Grand Wagoneer||$2,030||$498|
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 2022 model year, the average MSRP for a Tahoe is $62,604 and ranges from the cheapest LS 2WD model at $51,895 to the most expensive High Country 4WD costing $73,595 (before delivery and doc fees).
The models in the full-size SUV segment closest in cost to the Chevrolet Tahoe are the Toyota Sequoia, GMC Yukon, Chevrolet Suburban, and Ford Expedition. Here’s how they compare to the Tahoe by MSRP and average insurance rates.
- Compared to the Toyota Sequoia – The MSRP for the 2022 Toyota Sequoia averages $2,465 less than the average cost for the Chevrolet Tahoe ($60,139 compared to $62,604). The average insurance cost for the Tahoe compared to the Toyota Sequoia is $54 less annually.
- Compared to the GMC Yukon – The 2022 Chevrolet Tahoe has an average MSRP that is $2,498 cheaper than the GMC Yukon ($62,604 versus $65,102). Drivers can expect to pay approximately $162 more per year to insure the GMC Yukon compared to a Tahoe.
- Compared to the Chevrolet Suburban – With an average sticker price of $65,304 and ranging from $54,595 to $76,295, the 2022 Chevrolet Suburban costs $2,700 more than the average MSRP for the Chevrolet Tahoe. The cost to insure a Chevrolet Tahoe compared to the Chevrolet Suburban is $46 less every 12 months on average.
- Compared to the Ford Expedition – The average MSRP for a 2022 Chevrolet Tahoe is $3,698 cheaper than the Ford Expedition, at $62,604 compared to $66,302. Insuring a Chevrolet Tahoe compared to the Ford Expedition costs an average of $90 less every 12 months.
How much is liability insurance for a Chevy Tahoe?
The table below compares the difference in Chevy Tahoe insurance cost cost between full-coverage and liability-only Tahoe insurance rates for the 2001 through 2012 model years.
|Vehicle Model Year||Full Coverage Insurance||Liability Insurance|
|2012 Chevrolet Tahoe||$1,118||$528|
|2011 Chevrolet Tahoe||$1,082||$522|
|2010 Chevrolet Tahoe||$1,038||$518|
|2009 Chevrolet Tahoe||$998||$514|
|2008 Chevrolet Tahoe||$956||$510|
|2007 Chevrolet Tahoe||$914||$502|
|2006 Chevrolet Tahoe||$874||$494|
|2005 Chevrolet Tahoe||$864||$490|
|2004 Chevrolet Tahoe||$846||$484|
|2003 Chevrolet Tahoe||$818||$480|
|2002 Chevrolet Tahoe||$800||$476|
|2001 Chevrolet Tahoe||$784||$466|
How does where I live impact insurance cost?
The cost of insurance for a Chevrolet Tahoe varies widely, from cheaper rates like $1,094 a year in Charlotte, NC, or $1,148 in Columbus, OH, to higher rates such as $2,886 a year in New York City, NY and $2,536 in Los Angeles, CA.
The following bar chart shows estimated Chevrolet Tahoe insurance rates for 15 large metro areas in the U.S. In addition, you can also view an expanded table below the chart that details average estimated rates for an additional 35 large metro areas.