Chevy Traverse Car Insurance for 2022

How much does Chevy Traverse insurance cost? We compare car insurance rates from the base L 2WD model up to the High Country AWD trim to see how average Traverse insurance rates compare to the rest of the mid-size SUV segment.

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  • Chevy Traverse insurance rates cost $1,568 per year for a full coverage policy on average, depending on the trim level.
  • The Traverse ranks #20 out of 29 vehicles in the midsize SUV class for insurance affordability.
  • The cheapest Traverse insurance is usually on the base LS 2WD model costing an average of $1,400 per year. The Traverse High Country AWD is the most expensive to insure at $1,682 per year.
  • Insuring a used Chevy Traverse could reduce the cost of insurance by $508 or more each year.

How much does Chevrolet Traverse car insurance cost?

On average, Chevrolet Traverse car insurance costs $1,568 per year, which is the equivalent of $131 a month. Depending on the trim level being insured, monthly car insurance rates for a 2022 Traverse range from $117 to $140.

Comprehensive (or other-than-collision) coverage is an estimated $394 a year, collision coverage costs approximately $664, and the remaining liability and medical payments insurance costs approximately $510.

The chart below displays average car insurance rates for a 2022 Chevy Traverse using different driver ages and risk profiles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2022 model year Chevrolet Traverse 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 Traverse trim levels.Data last updated on July 21, 2022
Chevrolet Traverse Insurance Cost Summary
Chevrolet Traverse Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$3,546$296
Safe Driver Age 20$3,106$259
At-fault Accidents Age 40$2,208$184
Low Deductibles Age 40$2,034$170
Safe Driver Age 30$1,654$138
Safe Driver Age 40$1,568$131
Safe Driver Age 50$1,428$119
Safe Driver Age 60$1,400$117
High Deductibles Age 40$1,328$111
Discount Rate Age 40$1,304$109

The previous insurance cost chart plots just a handful of insurance cost data points from an extremely large data set. If the data included all rates for every combination of risk factors, including all 12 Traverse models and all 41,692 zip codes in the U.S., the chart would show about 1,161,216,000,000 different possible insurance rates for a Chevrolet Traverse.

To better illustrate the range of Chevrolet Traverse car insurance rates, consider that a liability-only insurance policy in the cheaper areas of Virginia or Wisconsin can be as low as $225 a year. A teen driver with a few tickets and at-fault accidents in some zip codes in New York City, could cost as much as $14,396 a year for full coverage.

That’s a ton of rates and a heap of variability. If you’re comparing rates to see if you can save money, or just shopping for a new policy, we really just recommend you get a quote. It will nail down your rate and eliminate a lot of the variables inherent in car insurance.

How does Traverse insurance cost rank?

The Chevy Traverse ranks #20 out of 29 total comparison vehicles in the midsize SUV segment. The Traverse costs an estimated $1,568 per year to insure for full coverage and the class median rate is $1,544 per year, an extra cost of $24 per year for the Traverse.

When compared to the top-selling other midsize SUVs in America, Chevrolet Traverse car insurance costs $112 less per year than the Jeep Grand Cherokee, $34 more than the Toyota Highlander, $134 more than the Ford Explorer, and $124 less than the Jeep Cherokee.

The table below shows how average Chevy Traverse insurance rates compare to the rest of the 2022 midsize SUV class like the new Kia Telluride, the Honda Passport, and the Hyundai Santa Fe.

Insurance Cost Comparison: Chevrolet Traverse vs Midsize SUVs
Rank Make/Model Insurance Cost Difference
1Honda Passport$1,224-$344
2Subaru Ascent$1,310-$258
3Ford Edge$1,374-$194
4Subaru Outback$1,398-$170
5Nissan Murano$1,416-$152
6Toyota Venza$1,424-$144
7Ford Explorer$1,434-$134
8Kia Sorento$1,444-$124
9Hyundai Palisade$1,462-$106
10Volkswagen Atlas$1,472-$96
11Toyota 4Runner$1,488-$80
12Volkswagen Atlas Cross Sport$1,528-$40
13Mazda CX-9$1,530-$38
14GMC Acadia$1,532-$36
15Toyota Highlander$1,534-$34
16Nissan Pathfinder$1,540-$28
17Honda Pilot$1,546-$22
18Mitsubishi Outlander Sport$1,548-$20
19Buick Enclave$1,562-$6
20Chevrolet Traverse$1,568--
21Hyundai Santa Fe$1,590$22
22Kia Telluride$1,596$28
23Chevrolet Blazer$1,610$42
24Jeep Grand Cherokee$1,680$112
25Jeep Cherokee$1,692$124
26Mitsubishi Outlander PHEV$1,768$200
27Dodge Durango$1,788$220
28Tesla Model Y$1,804$236
29Rivian R1S$1,902$334

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2022 model year, 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, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on July 21, 2022
Insurance Cost Comparison: Chevrolet Traverse vs Midsize SUVs

Which Chevy Traverse insurance is cheapest?

The cheapest model of Chevy Traverse to insure is the LS 2WD at around $1,400 per year. The next cheapest trim is the LS AWD at $1,488 per year, and the third cheapest trim level to insure is the LT Cloth 2WD at $1,496 per year.

The three highest cost Traverse models to insure are the Traverse Premier AWD, the High Country 2WD, and the High Country AWD trim levels at $1,636,  $1,674, and $1,682 per year, respectively.

The table below shows average annual and 6-month car insurance policy costs, including a monthly rate, for each Traverse trim package.

2022 Chevrolet Traverse Insurance Cost by Trim Level
Chevrolet Traverse Trim Level Annual Policy 6-month Policy Per Month
LS 2WD$1,400$700$117
LS AWD$1,488$744$124
LT Cloth 2WD$1,496$748$125
LT Leather 2WD$1,532$766$128
LT Cloth AWD$1,536$768$128
LT Leather AWD$1,542$771$129
RS 2WD$1,590$795$133
RS AWD$1,624$812$135
Premier 2WD$1,630$815$136
Premier AWD$1,636$818$136
High Country 2WD$1,674$837$140
High Country AWD$1,682$841$140

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2022 Chevrolet Traverse, 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 July 21, 2022
Chevrolet Traverse Insurance Cost by Trim Level

Will an older Traverse cost less to insure?

Bypassing the 2022 model and instead driving a 2013 Chevrolet Traverse could cut your insurance cost by $508 per year at a minimum, depending on your coverage levels.

The next table shows average car insurance rates for the Traverse for the 2009 to the 2022 model years. Rates range from about $80 a month for a 2009 Chevrolet Traverse to the most expensive rate of nearly $130 a month for a 2022 model year.

Chevrolet Traverse Insurance Cost for 2009-2022 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2022 Chevrolet Traverse$1,568$784$131
2021 Chevrolet Traverse$1,480$740$123
2020 Chevrolet Traverse$1,450$725$121
2019 Chevrolet Traverse$1,302$651$109
2018 Chevrolet Traverse$1,262$631$105
2017 Chevrolet Traverse$1,208$604$101
2016 Chevrolet Traverse$1,160$580$97
2015 Chevrolet Traverse$1,208$604$101
2014 Chevrolet Traverse$1,160$580$97
2013 Chevrolet Traverse$1,060$530$88
2012 Chevrolet Traverse$1,039$519$87
2011 Chevrolet Traverse$1,018$509$85
2010 Chevrolet Traverse$998$499$83
2009 Chevrolet Traverse$978$489$81

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates assume 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 July 21, 2022
Chevrolet Traverse Insurance Cost by Model Year

Ultimately, as the mileage creeps up, it will probably be a good idea to eliminate physical damage coverage (comprehensive and collision) from a policy. As a vehicle depreciates, the cost of maintaining physical damage coverage begins to exceed any benefits of having full coverage.

Removing comprehensive and collision coverage on an older Traverse could save around $606 annually, depending on the level of physical damage deductibles and the driver age.

The best time to drop full coverage is completely different for everyone. Eliminating the coverage means you have no recourse if your Traverse is totaled. So it’s a good idea to have some savings set aside to be able to afford a different vehicle just in case.

Can where I live influence the cost of car insurance?

The cost of insurance for a Traverse spans a large price range, from cheaper premiums like $978 a year in Raleigh, NC, or $1,122 in Charlotte, NC, to higher rates like $2,614 a year in Philadelphia, PA, and $3,672 in New Orleans, LA.

The cost of insuring your Traverse in some other cities include Houston, TX, at an estimated $1,668 per year, San Antonio, TX, averaging $1,502, Memphis, TN, at $1,936, and Colorado Springs, CO, costing $1,894.

The chart below ranks average full coverage insurance rates for a Chevrolet Traverse in the most populated areas in the U.S. In addition, you can find a table showing typical insurance rates for an additional 35 locations following the chart.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2022 Chevrolet Traverse, 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 Traverse trim levels.Data last updated on July 21, 2022
Chevrolet Traverse Insurance Rates in Large U.S. Cities
Chevrolet Traverse Insurance Rates by Location
City/State Annual Rate Monthly Rate
Detroit, MI$6,144$512
New Orleans, LA$3,672$306
Miami, FL$3,030$253
New York, NY$2,964$247
Philadelphia, PA$2,614$218
Las Vegas, NV$2,610$218
Los Angeles, CA$2,602$217
Louisville, KY$2,494$208
San Francisco, CA$2,236$186
Jacksonville, FL$2,226$186
Oakland, CA$2,220$185
Sacramento, CA$2,102$175
Baltimore, MD$2,058$172
Long Beach, CA$2,038$170
Tulsa, OK$1,992$166
Oklahoma City, OK$1,980$165
Kansas City, MO$1,980$165
Denver, CO$1,936$161
Memphis, TN$1,936$161
Atlanta, GA$1,910$159
Colorado Springs, CO$1,894$158
Fresno, CA$1,868$156
San Jose, CA$1,852$154
Phoenix, AZ$1,804$150
Portland, OR$1,778$148
San Diego, CA$1,764$147
Boston, MA$1,758$147
Wichita, KS$1,710$143
Chicago, IL$1,706$142
Dallas, TX$1,678$140
Houston, TX$1,668$139
Seattle, WA$1,664$139
Minneapolis, MN$1,650$138
Birmingham, AL$1,646$137
Nashville, TN$1,592$133
Milwaukee, WI$1,586$132
Mesa, AZ$1,580$132
Indianapolis, IN$1,578$132
Albuquerque, NM$1,554$130
Tucson, AZ$1,522$127
San Antonio, TX$1,502$125
Omaha, NE$1,456$121
Fort Worth, TX$1,446$121
El Paso, TX$1,446$121
Austin, TX$1,428$119
Cleveland, OH$1,242$104
Columbus, OH$1,180$98
Charlotte, NC$1,122$94
Virginia Beach, VA$1,054$88
Raleigh, NC$978$82