Cheapest Insurance for a Chevrolet Traverse in Virginia

The odds of finding cheaper insurance for a Chevrolet Traverse in Virginia is contingent on a complex formula that factors things such as your birth date, the likelihood of your vehicle being stolen, and deductible levels for physical damage coverage. Virginia drivers on average will pay $880 per year to buy Chevrolet Traverse insurance, but that rate is based on a 30-year-old single female that wants full comprehensive and collision coverage and $250 deductibles.

The issue that arises when projecting rates is that it’s very likely that you are not 30 and possibly not even female, possibly married instead of single, or maybe you prefer higher deductibles. Auto insurance requires individual risk assessment, so the only real way to find the cheapest rates for your Chevrolet is to take your time and compare rates from as many companies as possible. Quotes are always free and you will get price quotes from top-rated companies available.

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The trim level of your Traverse will most likely have an effect on the cost of insurance, so the price to insure a Traverse LS 2WD will be $104 cheaper than the price to insure the fancier Traverse LTZ AWD trim level, as shown in the chart below.

Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium costs do not factor in specific location which can lower or raise premiums significantly.

Buying budget car insurance is not the easiest thing to do, and deciding which companies have the most affordable auto insurance rates for a Chevrolet Traverse will require a little more work.

Every insurance company has a proprietary formula for establishing rates, so first we will examine the most competitive auto insurance companies in Virginia. It’s important to understand that Virginia auto insurance rates are based on many factors which can significantly increase or decrease the cost of coverage. Price variation is why it is crucial to perform a complete rate comparison to find the best car insurance rates for a Chevrolet Traverse. Rates can be altered by many factors and can change substantially, so the cheapest rate the last time you shopped around may now cost much more than other companies.

Best Auto Insurance Prices for Your Chevy

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Travelers offers some of the lowest car insurance rates in Virginia at around $673 per year. USAA, Penn National, Cincinnati Insurance, and Auto-Owners also qualify as some of the best Virginia insurance companies.

As depicted above, if you currently buy coverage from Auto-Owners and switched to USAA, you could see a yearly savings of in the vicinity of $65. Virginia drivers with Utica National could save as much as $65 a year, and Virginia Farm Bureau customers might lower prices by up to $86 a year.

Bear in mind that those premiums are averages across all drivers and vehicles and are not factoring in a specific rating modification for a Chevrolet Traverse. So the company that fits your age and vehicle best may not even be shown in the list above. That affirms the importance of why you need to compare rates from multiple companies using your own driver data and vehicle information.

Accidents and violations increase rates

In a perfect world, the best way to obtain cheap auto insurance premiums in Virginia for a Traverse is to drive safe and avoid traffic citations and accidents. The information below highlights how traffic violations and fender-benders raise car insurance costs for different insured age categories. The costs are based on a single male driver, full coverage, $100 deductibles, and no discounts are applied.

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The chart shows that the average cost of a car insurance policy in Virginia per year with no violations or accidents is $1,683. Add in two speeding tickets and the average cost jumps to $2,238, an increase of $555 each year. Now add one accident along with the two speeding tickets and the yearly cost of auto insurance for a Chevrolet Traverse increases to an average of $2,787. That’s an increase of $1,104, or $92 per month, just for a couple of infractions!

Get discount Virginia auto insurance

Insurance providers that offer the cheapest insurance for a Chevrolet Traverse in Virginia may also offer special discounts that could reduce prices by as much as 35% or more if you meet certain criteria. Popular auto insurance companies and their possible discounts are shown below.

• State Farm has discounts for passive restraint, safe vehicle, defensive driving training, Steer Clear safe driver discount, and good student.
• GEICO offers premium reductions for anti-lock brakes, federal employee, membership and employees, good student, emergency military deployment, and driver training.
• Allstate includes discounts for good student, defensive driver, early signing, senior citizen, premier discount, teenSMART discount, and multi-policy.
• SAFECO may have discounts that include bundle discounts, anti-theft, multi-car, anti-lock brakes, safe driver, teen safety rewards, and teen safe driver.
• Farm Bureau discounts include renewal discount, 55 and retired, good student, safe driver, multi-policy, multi-vehicle, and youthful driver.
• Progressive offers discounts including online quote discount, multi-vehicle, continuous coverage, homeowner, and good student.
• AAA offers discounts for multi-car, good driver, anti-theft, multi-policy, pay-in-full, and education and occupation.

The diagram below illustrates the comparison of auto insurance rates with and without policy discounts. The prices are based on a male driver, no claims or violations, Virginia state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with homeowner, passive restraint, claim-free, safe-driver, anti-theft, and multiple policy discounts applied. When these discounts are applied, the average amount saved each year on auto insurance for a Chevrolet Traverse is 27% or $348.

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Find the cheapest insurance for a Chevrolet Traverse in Virginia

The list below details some thrifty suggestions that can help Virginia drivers get lower-cost auto insurance.

• Having at-fault accidents will increase rates
• Better credit scores save money
• Vehicles with safetly features generally cost less to insure
• Drop full coverage on older vehicles
• Bundle home and auto and earn a discount
• Look for cheaper rates once a year by shopping around

That last idea is highly important, as was emphasized in this write-up. Car insurance prices vary considerably, so drivers shouldn’t be reluctant to switch to a new company if a cheaper rate is available. We understand brand loyalty, but it’s not a great idea if that loyalty ends up costing lots of money. In less than five minutes you could shop around to find cheaper auto insurance for a Chevrolet Traverse.