Who Has the Cheapest Insurance Quotes for a Chevrolet Traverse in Maryland?

Who Has the Cheapest Insurance Quotes for a Chevrolet Traverse in Maryland?

When talking about car insurance, the words “cheap” or “affordable” should never appear as a descriptor for car insurance rates. The fact is, cheap car insurance for a Chevrolet Traverse is almost non-existent. But fear not, because we are going to tell you how you can quote auto insurance that fits into your budget.

Whether or not you can find cheap insurance for a Chevrolet Traverse in Maryland depends upon a complicated rating formula that uses factors such as if you own your home, your residence address, and citations or violations on your driving record. Drivers in Maryland will pay around $880 each year to insure a Traverse, but that policy rate is a projection using cost data for a 50-year-old single male driver that has full coverage and $1,000 deductibles.

If we were betting, you aren’t exactly 50 years old or even a male, married instead of single, and maybe you want different deductibles. Everyone has unique insurance needs, and this illustrates why the best way to find the most affordable coverage for your Chevrolet is to put in the effort to do a thorough rate comparison. Comparing quotes is easy and you will receive price comparisons from some of the most affordable companies that insure Chevrolet vehicles in Maryland.

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The specific model of Traverse can impact the annual cost of coverage, so the rate you will pay to insure a Traverse LS 2WD trim level will be $82 less than the insurance cost for the higher-priced Traverse LTZ AWD model, as shown in the table below.

Chevrolet Traverse Insurance Rates in Maryland
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $166 $282 $390 $24 $116 $978 $82
Traverse LS AWD $188 $282 $390 $24 $116 $1,000 $83
Traverse LT 2WD $188 $282 $390 $24 $116 $1,000 $83
Traverse LT AWD $188 $342 $390 $24 $116 $1,060 $88
Traverse LTZ 2WD $188 $342 $390 $24 $116 $1,060 $88
Traverse LTZ AWD $188 $342 $390 $24 $116 $1,060 $88
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Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Rate information does not factor in specific garaging location which can affect auto insurance rates noticeably.

Maryland car insurance companies

Ending up with the right auto insurance company can be challenging considering how many choices drivers have in Maryland. The ranking data displayed below may help you choose which providers you want to consider when shopping car insurance rates for a Chevrolet Traverse.

The rankings below include companies with a national presence, so companies that have a smaller presence are not factored into this list. To check rates and find cheaper insurance for a Chevrolet Traverse, just click here.

Top 10 Large Auto Insurance Providers in Maryland Ranked by Claims Service

  1. Travelers
  2. Allstate
  3. Nationwide
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. AAA Insurance
  10. Titan Insurance

Top 10 Large Auto Insurance Providers in Maryland Ranked by Customer Service

  1. USAA
  2. Travelers
  3. AAA Insurance
  4. Nationwide
  5. Safeco Insurance
  6. Progressive
  7. State Farm
  8. The Hartford
  9. The General
  10. Esurance

Top Companies for Chevrolet Traverse Insurance in Maryland

How to get discounts on Maryland car insurance

Discounts on car insurance for a Chevrolet TraverseInsurance providers that offer the cheapest insurance for a Chevrolet Traverse in Maryland may provide special discounts that can lower rates by 40% or more if you are eligible for them. A few of the larger companies and some of the discounts are detailed below.

  • State Farm offers discounts including Steer Clear safe driver discount, good driver, anti-theft, multiple autos, defensive driving training, and multiple policy.
  • GEICO has discounts for multi-policy, anti-lock brakes, daytime running lights, seat belt use, air bags, federal employee, and emergency military deployment.
  • Progressive has savings for homeowner, multi-vehicle, online quote discount, continuous coverage, and good student.
  • 21st Century may offer discounts for early bird, anti-lock brakes, automatic seat belts, 55 and older, and defensive driver.
  • American Family discounts include mySafetyValet, TimeAway discount, good student, Steer into Savings, and bundled insurance.
  • The Hartford offers premium reductions for driver training, defensive driver, bundle, air bag, anti-theft, and vehicle fuel type.
  • AAA policyholders can earn discounts including AAA membership discount, multi-policy, anti-theft, multi-car, good driver, pay-in-full, and good student.

The chart below visualizes the comparison of auto insurance rates with and without discounts applied to the rates. The rates are based on a female driver, no accidents or driving violations, Maryland state minimum liability limits, full physical damage coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second shows the rates with defensive driving course, accident-free, homeowner, claim-free, marriage, and safe-driver discounts applied. When these discounts are applied to the policy premium, the the average amount saved on car insurance for a Chevrolet Traverse is 27% or $687.

Cheapest car insurance: Allstate, Geico, Progressive, or State Farm

When it comes to buying insurance for a Traverse in Maryland, four companies to consider are Allstate, Geico, Progressive, and State Farm. The next table rates some of the ratings and options that policyholders can buy.

Car Insurance Company Comparison
Allstate Geico Progressive State Farm
Overall Cost 4th 1st 3rd 2nd
Discounts Available 1st 2nd 4th 3rd
Handling of Claims 1st 3rd 4th 2nd
Customer Satisfaction 2nd 1st 3rd 4th
Customers who recommend 86% 87% 88% 88%
Rating from A.M. Best A+ A++ A+ A++
Roadside assistance Yes Yes Yes Yes
New car replacement Yes No No No
Accident forgiveness Yes Yes Yes No
Coverage for ridesharing Yes Yes Yes Yes
Mechnical breakdown No Yes Yes No
Rate for vehicle usage Yes No Yes Yes
Where you can buy Allstate exclusive agents From a Geico agent or online Online or from independent agents Can only buy from State Farm agents
Number of agents 11,000+ 150+ 30,000+ 18,000+
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How to find the cheapest insurance for a Chevrolet Traverse in Maryland

It’s not impossible to find cheaper rates, and here are many penny-pinching solutions that can help drivers quote cheaper car insurance.

  • Try to pay small claims out-of-pocket
  • At-fault accidents can raise rates significantly
  • Do not get tickets or violations
  • Lower rates by purchasing a safer vehicle
  • Bundle home and auto and earn a discount
  • Compare rates regularly to ensure the best deal

That last idea is highly necessary, as we hit on in this article. Insurance rates adjust often, so don’t be hesitant to buy from a new company if a better rate can be found. Many consumers stick with the same company and that’s fine, but it isn’t a good idea if that devotedness results in you overpaying lots of money. If you have a few minutes, compare rates to find cheaper insurance for a Chevrolet Traverse.