Compare Chevy Traverse Insurance Quotes in Riverside

Insurance quote for Chevy Traverse in RiversideHow long has it been since the last time you looked for the cheapest insurance rates in Riverside, CA? Riverside consumers have lots of choices when looking for low-cost Chevy Traverse insurance. You can either waste hours contacting agents to compare prices or save time using the internet to find the lowest rates. There is a right way and a wrong way to compare insurance rates so you’re going to learn the quickest way to compare rates for your Chevy and locate the cheapest rates.

We don’t have to tell you that insurance companies don’t want policyholders to compare prices from other companies. Consumers who shop around for the cheapest price are highly likely to switch insurance companies because of the high probability of finding more affordable rates. A study discovered that drivers who regularly compared price quotes saved $3,450 over four years as compared to drivers who never shopped around for lower prices.

If finding the most affordable Chevy Traverse insurance in Riverside is your ultimate objective, knowing how to quote prices and compare insurance premiums can help simplify the process.

It’s important to compare rates at least once a year because insurance prices go up and down regularly. Despite the fact that you may have had the lowest rate on Chevy Traverse insurance in Riverside a few years ago there is a good chance you can find better premium rates now. Block out anything you think you know about insurance because I’m going to let you in on the secrets to one of the quickest ways to reduce your cost while improving coverage.

If you already have coverage or are shopping for new coverage, use these tips to get lower rates while maximizing coverage. These tips will tell you the best way to buy inexpensive insurance. Consumers only need an understanding of the most effective way to compare rates online.

Companies offering low-cost Chevy Traverse prices in Riverside, CA

The companies shown below can provide free quotes in Riverside, CA. If multiple providers are shown, we recommend you visit several of them to get the most affordable price.

Chevy Traverse detailed coverage information

The coverage information below showcases different prices for Chevy Traverse models. Learning as much as possible about how policy premiums are formulated can help customers make informed decisions when comparing rate quotes.

Chevrolet Traverse Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $326 $554 $424 $26 $128 $1,458 $122
Traverse LS AWD $370 $554 $424 $26 $128 $1,502 $125
Traverse LT 2WD $370 $554 $424 $26 $128 $1,502 $125
Traverse LT AWD $370 $672 $424 $26 $128 $1,620 $135
Traverse LTZ 2WD $370 $672 $424 $26 $128 $1,620 $135
Traverse LTZ AWD $370 $672 $424 $26 $128 $1,620 $135
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Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in specific location information which can revise coverage rates noticeably.

Policy deductible comparison

The hardest decision when buying coverage is how high should the deductibles for physical damage be. The rates below lay out the rate difference when you select higher and lower deductibles. The first pricing table uses a $100 deductible and the second rate table uses a $500 deductible.

Chevrolet Traverse insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $380 $564 $376 $22 $112 $1,479 $123
Traverse LS AWD $430 $564 $376 $22 $112 $1,529 $127
Traverse LT 2WD $430 $564 $376 $22 $112 $1,529 $127
Traverse LT AWD $430 $686 $376 $22 $112 $1,651 $138
Traverse LTZ 2WD $430 $686 $376 $22 $112 $1,651 $138
Traverse LTZ AWD $430 $686 $376 $22 $112 $1,651 $138
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Chevrolet Traverse insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $278 $382 $376 $22 $112 $1,170 $98
Traverse LS AWD $314 $382 $376 $22 $112 $1,206 $101
Traverse LT 2WD $314 $382 $376 $22 $112 $1,206 $101
Traverse LT AWD $314 $464 $376 $22 $112 $1,288 $107
Traverse LTZ 2WD $314 $464 $376 $22 $112 $1,288 $107
Traverse LTZ AWD $314 $464 $376 $22 $112 $1,288 $107
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rate information does not factor in specific zip code location which can modify insurance rates substantially.

Based on the above data, using a $100 deductible will cost you roughly $28 more each month or $336 annually than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you go at least 14 months between claims, you would probably be better off if you decide on a higher deductible. The numbers below show an example of how this calculation is made.

Average monthly premium for $100 deductibles: $132
Average monthly premium for $500 deductibles (subtract): – $104
Monthly savings from raising deductible: $28
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $28
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 14 months

An important thing to remember is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you have a physical damage claim. You should have enough money in the bank in the event you need to pay more for the deductible.

The example below illustrates how your choice of deductibles and can impact Chevy Traverse insurance costs for each different age group. Data assumes a married female driver, comp and collision included, and no policy discounts are applied.

Safe drivers pay less for insurance

The illustration below highlights how speeding tickets and accidents can impact Chevy Traverse car insurance costs for different age categories. The costs are based on a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.

Rate comparison of male drivers versus female drivers

The chart below shows the difference between Chevy Traverse insurance prices for male and female drivers. The premiums assume no claims or driving violations, comprehensive and collision coverage, $1,000 deductibles, drivers are not married, and no discounts are applied.

Should you buy full coverage?

The example below compares Chevy Traverse insurance premiums when comparing full coverage to state minimum liability only. The costs are based on no claims or violations, $250 deductibles, drivers are not married, and no discounts are applied.

Guidelines for dropping full coverage

There is no definitive formula for eliminating comp and collision coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Chevy Traverse replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after the policy deductible has been paid. If premium cost is more than $300 annually for full coverage, then you might want to consider buying only liability coverage.

There are a few situations where removing full coverage is not recommended. If you still owe a portion of the original loan, you have to carry full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not drop full coverage.

How do Insurance Companies Determine Chevy Traverse Insurance Prices?

An important part of buying insurance is that you know the rating factors that come into play when calculating your auto insurance rates. If you have a feel for what controls the rates you pay, this empowers consumers to make smart changes that could help you find lower auto insurance prices. Lots of factors are part of the equation when quoting car insurance. Some factors are common sense like an MVR report, but other factors are less obvious such as whether you are married and annual miles driven.

These discounts can lower your car insurance rates

Some providers do not advertise the complete list of policy discounts in a way that’s easy to find, so we took the time to find a few of the more well known in addition to some of the lesser obvious credits that may apply to you.Save money with discounts

It’s important to note that some of the credits will not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like you would end up receiving a 100% discount, it just doesn’t work that way.

The illustration below compares Chevy Traverse insurance costs with and without discounts. The price estimates are based on a male driver, no claims or driving citations, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, claim-free, marriage, and multi-policy discounts applied.

Companies and some of the premium reductions they offer are shown below.

When comparing rates, check with every company which discounts they offer. Savings might not be available to policyholders in your area. If you would like to see a list of providers that have a full spectrum of discounts in California, click here to view.

Insurance agent or online?

Some people just prefer to sit down and talk to an agent and that can be a smart move Good insurance agents are trained to spot inefficiencies and will help you if you have claims. A nice benefit of price shopping on the web is that you can find lower rates and still have an agent to talk to.

Riverside insurance agentsFor easy comparison, once you complete this form (opens in new window), the quote information is emailed to companies in Riverside that can provide free Riverside car insurance quotes and help you find cheaper coverage. You don’t have to contact any agents because prices are sent instantly to you. If you need to get a comparison quote from one company in particular, don’t hesitate to navigate to their website and fill out the quote form the provide.

Finding the right insurance company should depend on more than just a cheap price. Below are some questions you should ask.

If you are wanting to purchase auto insurance from local Riverside agents, there are two types of insurance agents and how they work. Insurance agencies in Riverside are either independent or exclusive. Either type can properly insure your vehicles, but it’s important to point out the difference in the companies they write for since it could factor into buying decisions.

Exclusive Insurance Agents

Exclusive agents can only place business with one company such as Farmers Insurance, State Farm, or Allstate. They are unable to provide prices from multiple companies so keep that in mind. These agents are trained well on their company’s products and that enables them to sell even at higher rates. Some people will only buy insurance from these agents primarily because of the prominence of the brand and the convenience of having all coverages with one company.

The following is a list of exclusive agents in Riverside who can help you get price quote information.

View more Riverside agents

Independent Auto Insurance Agents

Agents in the independent channel are not employed by any specific company and that gives them the ability to insure with any number of different companies and possibly get better coverage at lower prices. If premiums increase, the agent simply finds a different carrier and you stay with the same agent.

When comparing rates, we recommend you contact several independent agencies to have the best price comparison. Many write coverage with small mutual carriers that can offer cheaper rates than bigger companies.

Listed below are Riverside independent agents that are able to give comparison quotes.

View more Riverside agents

Once you have received acceptable answers and inexpensive Chevrolet Traverse insurance in Riverside quotes, you have narrowed it down to a car insurance agent that is reputable and can insure your vehicles.

You can lower your insurance rates

We’ve covered quite a bit of information on how to reduce Chevy Traverse insurance rates online in Riverside. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. You may even be surprised to find that the best rates are with some of the lesser-known companies.

Consumers switch companies for a variety of reasons including high rates after DUI convictions, delays in responding to claim requests, policy non-renewal and even delays in paying claims. No matter why you want to switch, finding a great new company can be easy and end up saving you some money.

As you shop your coverage around, it’s a bad idea to skimp on coverage in order to save money. There are too many instances where someone dropped comprehensive coverage or liability limits only to discover later they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.

How to find the cheapest rates for Chevy Traverse insurance in Riverside

If you want to save the most money, the best way to find affordable auto insurance rates in Riverside is to compare prices annually from different companies who can sell car insurance in California. You can compare prices by following these steps.

  1. Get an understanding of individual coverages and the measures you can control to keep rates in check. Many rating criteria that cause high rates like at-fault accidents, careless driving, and an imperfect credit score can be controlled by making minor driving habit or lifestyle changes.
  2. Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like GEICO and Allstate, while agents who are independent can quote prices from multiple sources. View a list of agents
  3. Compare the quotes to your existing rates to determine if switching companies saves money. If you find a better price and buy the policy, ensure there is no coverage lapse between policies.
  4. Provide notification to your current company of your intention to cancel your current auto insurance policy and submit a down payment along with a completed application to your new agent or company. When you receive it, put the certificate of insurance in an easily accessible location.

A good tip to remember is to make sure you’re comparing the same amount of coverage on every quote request and to quote with as many different insurance providers as possible. This provides an accurate price comparison and the best price quote selection.

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