Compare Chevy Traverse Insurance Quotes in Riverside

How 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.

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.

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.

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.

• Discounts for multiple policies – Most larger auto insurance companies apply discounts to people that buy multiple policies such as combining an auto and homeowners policy. The discount can be 10 percent or more. Even if you already get this discount, it’s still a good idea to comparison shop to help ensure you have the lowest rates.

• With age comes responsibility – Youthful drivers in California are statistically shown to be inattentive and easily distracted when driving so auto insurance rates are higher. More experienced drivers are more cautious drivers, cost insurance companies less in claims, and receive fewer citations.

  The chart below uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

• Drive a fast car and pay more – The performance level of the car you are trying to find cheaper insurance for makes a significant difference in how high your rates are. Economy passenger vehicles generally receive the lowest base rates, but your final cost has many other factors.

  The following data uses these assumptions: single male driver age 20, full coverage with $250 deductibles, and no discounts or violations. It compares Chevrolet Traverse policy rates compared to other models of vehicles that have a range of performance rating factors.

• Your vocation and auto insurance rates – Do you work in a high-stress field? Occupations like doctors, executives, and stock brokers tend to pay higher rates than the rest of us because of intense work-related stress and extremely grueling work hours. On the flip side, jobs such as actors, athletes and retirees have the lowest average rates.
• Rates may be higher where you live – Living in less populated areas may provide you with better prices when talking about auto insurance. Less people living in that area corresponds to lower accident rates as well as less vandalism and auto theft. Drivers who live in large California cities have more traffic problems and longer commutes to work. More time on the road means more chances of being involved in an auto accident.

• Chevy Traverse insurance loss data – Insurers take into consideration historical loss data for every vehicle when they calculate premium rates for each model. Vehicles that are shown to have higher claim frequency or loss amount will have higher premium rates.

  The table shown below demonstrates the compiled insurance loss statistics for Chevy Traverse vehicles. For each insurance policy coverage type, the claim amount for all vehicles, as an average, is represented as 100. Values that are below 100 indicate a favorable loss history, while numbers above 100 point to more claims or a tendency for claims to be larger.

  
  

  Insurance Loss Ratings for Chevrolet Traverse Vehicles

  Specific Chevrolet Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Chevrolet Traverse 4dr 2WD	75	101	72	93	90	90
  Chevrolet Traverse 4dr 4WD	72	91	82	78	76	78

  BETTER

  AVERAGE

  WORSE

  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

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.

• One Accident Forgiven – Not a discount per se, but a few companies such as Allstate and State Farm will allow you to have one accident without raising rates if you are claim-free for a set time period.
• Senior Citizens – Seniors may receive a discount up to 10%.
• No Claim Discounts – Riverside drivers who stay claim-free pay much less as opposed to policyholders that have many claims.
• Own a Home – Owning a house in Riverside may earn you a small savings because owning a home requires a higher level of personal finance.
• Payment Discounts – By making one initial payment instead of making monthly payments you could save 5% or more.
• Good Drivers – Drivers without accidents can get discounts for up to 45% lower rates as compared to drivers with claims.
• Discounts for Federal Employees – Having worked for a branch of the government can save as much as 8% but check with your company.
• Paperwork-free – A few larger companies will give a small break for completing your application over the internet.
• Passive Restraints – Factory options such as air bags can receive discounts up to 30%.
• Clubs and Organizations – Belonging to a civic or occupational organization in Riverside could trigger savings on your policy.

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.

• State Farm offers discounts for Steer Clear safe driver discount, multiple autos, driver’s education, defensive driving training, good driver, and accident-free.
• Farmers Insurance discounts include pay in full, electronic funds transfer, mature driver, alternative fuel, youthful driver, homeowner, and teen driver.
• GEICO may have discounts that include membership and employees, military active duty, emergency military deployment, multi-policy, and defensive driver.
• American Family may offer discounts for good driver, Steer into Savings, multi-vehicle, early bird, bundled insurance, and TimeAway discount.
• Nationwide includes discounts for accident-free, family plan, easy pay, multi-policy, and defensive driving.
• Progressive policyholders can earn discounts including multi-policy, continuous coverage, multi-vehicle, homeowner, online signing, and good student.

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.

For 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.

• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• Which companies do they recommend if they are an independent agency?
• Are claims handled at the agent’s location?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Are they paid to recommend certain coverages?
• How is replacement cost determined on your vehicle?
• Do they have designations such as AIC, CPCU, or CIC?

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.

• Maria Abrigo – State Farm Insurance Agent
  7000 Indiana Ave #113 – Riverside, CA 92506 – (951) 782-8450 – View Map
• Farmers Insurance: Asif Sial
  6325 Rutland Ave – Riverside, CA 92503 – (951) 527-5050 – View Map
• Farmers Insurance – Carl Couey
  6670 Alessandro Blvd f – Riverside, CA 92506 – (951) 780-6660 – View Map

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.

• Nationwide Insurance: EG Insurance Agency Inc
  11728 Magnolia Ave Suite B – Riverside, CA 92503 – (951) 202-1871 – View Map
• Riverside Insurance Agency Inc.
  #B, 125 W La Cadena Dr – Riverside, CA 92501 – (951) 684-3500 – View Map
• Gibson-Hadley Insurance Agency Inc – Mercury Insurance Agent
  10363 Hole Ave – Riverside, CA 92505 – (888) 955-0950 – View Map

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.

Even more information is located in these articles:

• Teen Driving Statistics (GEICO)
• What Insurance is Cheapest for Postal Workers in Riverside? (FAQ)
• Who Has Affordable Riverside Auto Insurance Quotes for Welfare Recipients? (FAQ)
• Who Has Affordable Riverside Auto Insurance Rates for Drivers with Bad Credit? (FAQ)
• Who Has Affordable Riverside Car Insurance After a Speeding Ticket? (FAQ)
• All About Airbag Safety (State Farm)
• Alcohol Impaired Driving FAQ (iihs.org)
• Property Damage Coverage (Liberty Mutual)