- 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.
|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.
|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|
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.
|Chevrolet Tahoe Trim Level||Annual Policy||Six-Month Policy||Per Month|
|High Country 2WD||$1,766||$883||$147|
|High Country 4WD||$1,786||$893||$149|
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.
|8||GMC Hummer EV||$2,142||$446|
|9||Jeep Grand Wagoneer||$2,360||$664|
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.
|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|
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.
The following bar chart shows average Chevrolet Tahoe insurance rates in thirty large metro areas in the U.S.
|City/State||Annual Rate||Monthly Rate|
|New York, NY||$2,948||$246|
|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|
|San Jose, CA||$1,900||$158|
|San Diego, CA||$1,816||$151|
|San Antonio, TX||$1,566||$131|
|Fort Worth, TX||$1,514||$126|