Best Cheap Insurance for a Chevrolet Traverse in Louisiana

Whether or not you can find cheap car insurance for a Chevrolet Traverse in Louisiana is contingent on a complex formula that factors things such as whether you are married, whether you are claim-free, and if you have a history of accidents. Drivers in Louisiana pay around $1,740 each year for Traverse insurance, but that rate is an estimation assuming a 30-year-old single female driver with both comprehensive and collision coverage and $100 deductibles.

It’s highly likely you may not be 30 years old (or even female), maybe you are married instead of single, or you just want cheap liability insurance instead of full coverage. Having just a slight change in policy rating variables may result in significant differences in the policy cost.

Car insurance coverage is unique to each driver, so this is why your best shot at finding affordable rates for your Chevrolet is to put in the effort and compare rates.

Cheapest Chevrolet Traverse Insurance Rates

The specific model of Traverse will be a contributing factor to price, so the cost to insure a Traverse LS 2WD will be $214 less than the cost to insure the higher-priced Traverse LTZ AWD version, as shown by the rates below.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Premium amounts do not factor in Louisiana location which can increase or decrease rates substantially.

Deciding which insurers offer the best auto insurance rates for a Chevrolet Traverse takes a tad more effort than just comparing a company or two.

Every insurance provider has a proprietary method for setting prices, so let’s look at the rankings for the overall cheapest auto insurance companies in Louisiana. It’s a good idea to know that Louisiana auto insurance rates are calculated based on many things that will increase or decrease your annual premium. Improving your credit score, moving to a different location, or having an accident can trigger price changes that can cause some rates to be cheaper in comparison to the competition.

Best Cheap Insurance Rates for Your Chevy

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USAA generally has some of the best car insurance rates in Louisiana at around $1,642 each year. GEICO, MetLife, Progressive, and Safeway also qualify as some of the cheaper Louisiana insurance companies.

As shown above, if you currently have coverage with Safeway and switched to GEICO, you could realize a yearly price reduction of approxmiately $245. Insureds with Southern Farm Bureau might save as much as $361 a year, and California Casualty customers might see rate reductions of $428 a year.

To get a fast rate comparison, click here to get quotes or click through to the companies below.

Bear in mind that those rates are averages for all insureds and vehicles and and are not calculated with a specific rate factor for a Chevrolet Traverse. So the insurer that fits you best may not even be featured in the company chart above. That helps illustrate why you need to get car insurance quotes using your own specific driver information and vehicle.

How accidents and tickets impact rates in Louisiana

A great way to enjoy low auto insurance premiums in Louisiana for a Traverse is to be an attentive driver and have a clean driving record. The information below highlights how traffic violations and at-fault claims raise insurance prices for different insured age categories. The premiums are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 3747,4577,5381],[‘Age 30’, 2001,2837,3635],[‘Age 40’, 1925,2757,3557],[‘Age 50’, 1755,2587,3389],[‘Age 60’, 1717,2551,3351],[‘Age 70’, 1957,2787,3591]]);var options = {title: ‘Effect of Tickets and Accidents on Louisiana Chevrolet Traverse Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Traverse in Louisiana’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The chart shows that the average cost of auto insurance per year with a clean driving record and no accidents is $2,184. Factor in two speeding tickets and the average cost increases to $3,016, an increase of $832 each year. Next add one accident along with the two speeding tickets and the annual cost of auto insurance for a Chevrolet Traverse goes up to an average of $3,817. That’s an increase of $1,634, or $136 per month, just for being a little careless behind the wheel!

Shop around and save

Louisiana auto insurance rates are calculated based on many things which can substantially change the cost of a policy. Simply having another birthday, getting married, or getting a DUI may generate price changes that can now make some companies much cheaper than others.

Not only may your risk profile change, but insurers file new rates without warning in order to protect their financial rating. Heavier than normal losses may cause a rate increase, while profitable underwriting can result in more affordable Traverse insurance rates.

To illustrate this point, the data below shows which companies have the cheapest car insurance in Louisiana for a 45-year-old male driver with no violations or accidents, and good credit. Based on his current rating profile, USAA may have the most affordable car insurance rates in Louisiana at $1,626 a year. This is $788 less than the average rate paid by Louisiana drivers of $2,414. MetLife, GEICO, Progressive, and Safeway are the remainder of the top five cheapest Louisiana auto insurance companies.

google.charts.setOnLoadCallback(drawLAWitcqcibChart);function drawLAWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘USAA’, 1626, ‘#53860C’],[‘MetLife’, 1910, ‘#456F0A’],[‘GEICO’, 1945, ‘#395C08’],[‘Progressive’, 1946, ‘#2F4C06’],[‘Safeway’, 2198, ‘#273F05’]]);var options = {title: ‘Best Car Insurance Rates for a Chevrolet Traverse’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:2298,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

The example below compares rates after we give the driver from the first set of rates a chargeable accident, a lower credit rating, and a blemish on his driving record. Since each company has a unique formula to determine rates, comparing insurance quotes may result in a different list of the cheapest Louisiana car insurance companies as shown below.

google.charts.setOnLoadCallback(drawLAWcqcibChart);function drawLAWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘California Casualty’, 2571.8, ‘#DB7900’],[‘State Farm’, 2594.9, ‘#B66400’],[‘Safe Auto’, 2832.5, ‘#975300’],[‘Progressive’, 2919, ‘#7D4500’],[‘MetLife’, 3056, ‘#683900’]]);var options = {title: ‘New Rates Using Different Rating Criteria’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:3156,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

California Casualty now has the cheapest insurance rate in Louisiana with State Farm, Safe Auto, Progressive, and MetLife also being competitive. This shows why it is important to perform an extensive rate comparison when trying to get affordable auto insurance rates for a Chevrolet Traverse.

Rates are made up of many factors and can increase or decrease at any time, so the cheapest rate the last time you checked may now be one of the more expensive options.

How to find the cheapest insurance for a Chevrolet Traverse

It is possible to find better rates, and here are a few penny-pinching suggestions that can help you buy the cheapest car insurance.

• Violations like speeding or DUI increase rates
• Prevent price hikes by avoiding at-fault accidents
• Having too many claims will increase rates substantially
• Raise deductibles
• Multi-policy discounts save money
• Increase your credit rating
• Shop around for cheaper rates regularly

The last suggestion is especially necessary, as we discussed in the prior article. Prices charged by companies go up and down frequently, so drivers shouldn’t be resistant to switch carriers if a cheaper rate is available.

We understand brand loyalty, but it’s not a great idea if that stubbornness costs you lots of money. If you have a few minutes, compare prices to find cheaper auto insurance for a Chevrolet Traverse.

Who has the cheapest Chevrolet Traverse insurance quotes?

You have many ways to compare auto insurance quotes in Louisiana, but the most prevalent are through an exclusive agency like Auto-Owners or State Farm, an independent agent, or from a direct company like Progressive or Geico.

You can use whichever method you prefer, but buyers need to know the differences in how they give price quotes.

Independent insurance agencies have contracts with multiple insurance companies and can do rate comparisons with each one. These agents have the freedom to give you a larger rate selection, which can help you get a better chance of finding cheaper coverage. If prices rise, an independent agent can move your coverage and that require little work on your part.

A captive or exclusive agent is ‘exlusive’ to a single insurance company, for example State Farm and Auto-Owners agents. Exclusive agents normally do not have the ability to shop your coverage around, so if finding the cheapest auto insurance is your goal, you will want to shop around.

The final way is buying direct, which means you forego an agent and buy direct from companies such as Esurance or Progressive. This auto insurance option is a good choice for people who have an average risk profile and have some degree of understanding of the limitations of auto insurance.

So which of the methods works best to buy the best cheap insurance for a Chevrolet Traverse in Louisiana? It would be premature to say buying direct results in the best prices because there is no agent involved, but in reality, that argument does not hold true. It would also be easy to say using an independent agent is the best way since they have more companies to choose from, but that is not accurate either. And sometimes, the exclusive agents have coverage prices that independents and direct companies can’t touch.

Because there are so many factors that make up auto insurance rates, really the only way to not overpay for auto insurance is to get as many comparison quotes as possible. To cover all the bases, get price quotes all three ways in order to have the best selection to choose from. For a list of companies offering online discounts, click here to view.