How Much Does 2014 Chevrolet Traverse Insurance Cost?

Looking for lower insurance rates for your Chevrolet Traverse? Perplexed by the crazy number of insurance providers available to you? There are such a vast assortment of providers available that it can be a ton of work to locate the lowest premium rates.

Consumers need to do price comparisons at least once a year because insurance prices are adjusted regularly by insurance companies. If you had the best price on Traverse insurance at your last renewal you may be paying too much now. Forget all the misinformation about insurance because I’m going to teach you the best methods to save on insurance.

Free insurance coverage quotes

To get cheap insurance quotes, there a variety of ways to compare prices from many available insurance coverage companies in your state. The quickest method to find affordable 2014 Chevy Traverse insurance rates involves getting comparison quotes online. It’s really quite simple and can be done in several different ways.

  1. The most recommended method to get quotes for comparison is a comparison rater form (click to open form in new window). This style of form saves time by eliminating separate quotation requests for every company. One quote request gets rate comparisons from multiple companies. Just one form and you’re done.
  2. Another way to find more affordable insurance is spending the time to visit each individual company website to request a price quote. For example, let’s assume you want to get rates from USAA, GEICO and Liberty Mutual. To get each rate you have to navigate to each company’s site to enter the same coverage data repeatedly, and that’s why the first method is more popular. For a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just try to use identical coverages and limits with every price quote. If you have different values for each quote then you won’t be able to find the best deal for your Chevy Traverse. Quoting even small variations in coverage limits can result in a big premium difference. And when comparing insurance coverage rates, know that more quotes increases the change that you will find a lower rate. Not every company allows you to get online rate quotes, so you should also compare prices from the smaller companies as well.

Cheaper insurance coverage quotes with discounts

Some insurance providers don’t always publicize every policy discount in an easy-to-find place, so we researched some of the more common and also the lesser-known discounts that you can inquire about if you buy insurance online.

  • Homeowners Pay Less – Owning a house can save you money since owning and maintaining a home demonstrates responsibility.
  • Senior Citizen Rates – If you’re over the age of 55, you are able to get reduced rates on Traverse insurance.
  • Government Employee Discount – Employees or retirees of the government may qualify for a discount when you quote insurance on Traverse insurance depending on your company.
  • Low Mileage – Low mileage vehicles can earn discounted insurance coveragerates on garaged vehicles.
  • Anti-lock Brakes – Cars with ABS braking systems or traction control have fewer accidents and earn discounts up to 10%.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you could save at least 10% off all policies.
  • Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them complete a driver education course if offered at their school.
  • Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems can get savings of more than 20%.

Discounts lower rates, but many deductions do not apply to the entire policy premium. Most only reduce specific coverage prices like medical payments or collision. If you do the math and it seems like you could get a free insurance coverage policy, that’s just not realistic.

Popular insurance coverage companies and a selection of discounts are detailed below.

  • State Farm offers discounts for good driver, driver’s education, accident-free, defensive driving training, anti-theft, student away at school, and multiple autos.
  • GEICO may have discounts that include anti-theft, emergency military deployment, multi-vehicle, daytime running lights, multi-policy, defensive driver, and air bags.
  • Progressive offers premium reductions for online signing, continuous coverage, multi-policy, good student, multi-vehicle, online quote discount, and homeowner.
  • 21st Century has discounts for automatic seat belts, good student, anti-lock brakes, student driver, driver training, and air bags.
  • American Family may offer discounts for Steer into Savings, good student, air bags, mySafetyValet, good driver, multi-vehicle, and TimeAway discount.
  • The Hartford discounts include good student, driver training, air bag, vehicle fuel type, anti-theft, defensive driver, and bundle.
  • AAA has savings for good driver, pay-in-full, multi-policy, education and occupation, and good student.

Before you buy a policy, ask each company or agent which discounts can lower your rates. Discounts may not be available in your area. To see a list of insurance coverage companies who offer free insurance coverage quotes, click here to view.

Informed consumers can slash their insurance rates

Part of the insurance coverage buying process is learning some of the factors that come into play when calculating your insurance coverage rates. If you understand what determines premiums, this enables informed choices that may result in much lower annual insurance costs.

  • Single drivers take more risk – Having a wife or husband can actually save you money on your insurance coverage bill. Having a significant other is viewed as being more mature than a single person and statistics show married couples file fewer claims.
  • Rural areas have lower prices – Choosing to live in less populated areas of the country can save you money when trying to find low car insurance rates. Drivers who live in large cities have to deal with more aggressive driving styles and a longer drive to work. Less people translates into fewer accident claims.
  • Occupation can influence rates – Careers such as fire fightersairline pilots and stock brokers generally have higher premium rates in part from high stress and lengthy work days. Other jobs like farmers, engineers and retirees get better rates on Traverse insurance.
  • Rate your vehicle for proper use – Driving a lot of miles annually the more you’ll pay to insure your vehicle. A lot of companies calculate rates based upon how much you drive. Cars that have low annual miles receive lower rates compared to those used for work or business. Having an incorrect usage rating on your Traverse can result in significantly higher rates. It’s a good idea to make sure your insurance coverage coverage reflects the right rating data, because improper ratings can cost you money.
  • Does insurance coverage cost more for guys? – Statistics show women are more cautious behind the wheel. Now that doesn’t mean men are WORSE drivers than women. Males and females are in fender benders at about the same rate, but the male of the species get into accidents with more damage. They also get ticketed for serious violations like driving under the influence (DUI). Young males tend to get in the most accidents and are penalized with high insurance coverage rates.

Tailor your insurance coverage to you

When buying coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining whether your personal situation will benefit from professional help.

  • Should I sign the liability waiver when renting a car?
  • Is my 2014 Chevy Traverse covered for smoke damage?
  • Does my personal policy cover me when driving out-of-state?
  • Is a blown tire covered by insurance?
  • Am I covered if I break a side mirror?
  • Are split liability limits better than a combined single limit?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance coverage information

Having a good grasp of your policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Uninsured Motorist or Underinsured Motorist insurance – This provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Usually these limits are set the same as your liablity limits.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like backing into a parked car, crashing into a ditch, driving through your garage door, crashing into a building and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision) – This pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hail damage, vandalism and theft. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for bills like funeral costs, doctor visits, surgery and EMT expenses. They can be utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Auto liability – This coverage provides protection from damages or injuries you inflict on a person or their property in an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Another option is a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims like court costs, medical expenses and structural damage. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Find Good Coverage for Less

When searching for cheaper insurance quotes, it’s very important that you do not buy poor coverage just to save money. In many cases, someone dropped full coverage only to find out that a couple dollars of savings turned into a financial nightmare. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost but still have enough coverage for asset protection.

People change insurance companies for a variety of reasons including policy non-renewal, unfair underwriting practices, delays in responding to claim requests and being labeled a high risk driver. Regardless of your reason for switching companies, finding a new car insurance company is actually quite simple.

Budget-friendly car insurance is attainable from both online companies and from local insurance agents, so you need to shop insurance with both so you have a total pricing picture. Some car insurance companies may not offer rates over the internet and many times these regional insurance providers only sell through independent insurance agents.

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