2016 Chevrolet Traverse Insurance Quotes

Do you think you bought high-priced insurance? Don’t feel bad because many drivers have buyer’s remorse. Big-name insurance companies like State Farm, Progressive and GEICO all promote huge savings with catchy ads and consumers find it hard to see through the cute green geckos and mayhem and take the time to shop coverage around.

How to buy insurance coverage online

Shopping for lower insurance coverage rates can be exhausting if you don’t know the fastest way to get free quotes. You could waste time discussing policy coverages with agents in your area, or you could save time and use online quotes to achieve your goal.

Most of the larger companies take part in a program where insurance shoppers enter their coverage request one time, and each company can provide price quotes based on the submitted data. This saves time by eliminating quotation requests for each company.

To get comparison pricing now click here to start a free quote.

The one downside to pricing coverage this way is that consumers can’t choose the insurers to receive prices from. So if you want to choose specific insurance companies for rate comparison, we put together a list of low cost insurance coverage companies in your area. Click here for list of insurance companies.

You can use whichever method you prefer to find lower rates, just try to use apples-to-apples coverage limits for every company. If the quotes have different coverage information it will be next to impossible to determine the lowest rate for your Chevy Traverse.

Start a Quote Now

Eight discounts for cheaper car insurance rates

Some insurance providers don’t always list every possible discount in an easy-to-find place, so we took the time to find both well-publicized as well as some of the hidden credits available to you.

Discounts for Federal Employees – Federal government employees can earn a discount up to 10% for Traverse coverage depending on your company.
Use Seat Belts – Drivers who require all vehicle occupants to use a seat belt could cut 10% or more off the PIP or medical payment premium.
Organization Discounts – Affiliation with a professional or civic organization could trigger savings when shopping for car insurance.
Telematics Devices – Policyholders that allow their car insurance company to look at when and where they use their vehicle by using a telematics device in their vehicle such as State Farm’s In-Drive may get a rate reduction if they are good drivers.
Life Insurance – Not all insurance carriers offer life insurance, but some may give you better car insurancerates if you take out life insurance from them.
Multiple Cars – Having multiple cars on a single policy can get a discount on all vehicles.
Accident Free – Drivers who don’t have accidents have much lower rates in comparison to frequent claim filers.
Good Student Discount – Maintaining excellent grades can be rewarded with saving of up to 25%. This discount can apply until age 25.

As a footnote on discounts, most discount credits are not given to the entire cost. Most only reduce individual premiums such as physical damage coverage or medical payments. So even though you would think all those discounts means the company will pay you, you won’t be that lucky.

Some of the insurance companies that may offer some of the discounts shown above include:

Double check with all companies you are considering what discounts are available to you. Some discounts listed above may not apply to policies everywhere. To locate insurers that provide some of the discounts listed above, follow this link.

You may need specialized insurance coverage

When buying the best insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. For example, these questions may help you determine if your insurance needs would benefit from professional advice.

Do I really need UM/UIM coverage?
Do I benefit by insuring my home with the same company?
What is medical payments coverage?
Are split liability limits better than a combined single limit?
I have health insurance so do I need medical payments coverage?
Are rental cars covered under my policy?
Am I covered when driving on a suspended license?
Can I afford to buy a different vehicle if my 2016 Chevy Traverse is totaled?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Parts of your auto insurance policy

Having a good grasp of auto insurance can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types offered by auto insurance companies.

Comprehensive coverage (or Other than Collision)

This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hail damage, hitting a deer, a tree branch falling on your vehicle and a broken windshield. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Auto liability

Liability coverage protects you from damages or injuries you inflict on other people or property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims such as legal defense fees, medical expenses, attorney fees, repair costs for stationary objects and structural damage. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Insurance for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like EMT expenses, chiropractic care, funeral costs and hospital visits. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage

This pays for damage to your Traverse caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sustaining damage from a pot hole, backing into a parked car, rolling your car, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Buy Smart and Save

As you go through the steps to switch your coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are many occasions where an accident victim reduced physical damage coverage and discovered at claim time that it was a big error on their part. The goal is to purchase plenty of coverage at the best possible price.

The cheapest 2016 Chevy Traverse insurance can be purchased both online and from local agencies, so you need to quote insurance with both to get a complete price analysis. Some companies don’t offer online rate quotes and these smaller providers only sell coverage through independent agents.

For more information, feel free to browse these articles: