2018 Chevrolet Traverse Insurance Cost – 6 Tips to Save

Looking for better insurance coverage rates? Shoppers have a choice when shopping for the lowest priced Chevy Traverse insurance. You can either waste hours calling around getting price quotes or use the internet to get rate quotes.

There is a right way and a wrong way to shop for insurance coverage and we’ll show you the proper way to get price quotes for a Chevy and find the cheapest rates.

The purpose of this article is to instruct you on the most effective way to quote insurance and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using this strategy. Drivers just need to know the most effective way to shop for insurance coverage on the web.

Lower-cost insurance rates with discounts

Not many people think insurance is cheap, but you may qualify for discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied at quote time, but some need to be specially asked for before they will apply.

  • Discount for Good Grades – Getting good grades may save as much as 25% on a car insurance quote. You can use this discount normally well after school through age 25.
  • Sign Early and Save – Some insurance companies provide a discount for signing up early. The savings is around 10%.
  • Resident Student – Kids who are enrolled in higher education away from home and leave their car at home could qualify for this discount.
  • Use Seat Belts – Drivers who require all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
  • Payment Discounts – If you pay your entire premium ahead of time as opposed to paying monthly you could save up to 5%.
  • Clubs and Organizations – Being a member of certain professional organizations may earn a discount on insurance.

A little disclaimer on discounts, most discount credits are not given to the entire policy premium. The majority will only reduce the cost of specific coverages such as medical payments or collision. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

Larger insurance companies and a summarized list of policyholder discounts are included below.

  • State Farm offers discounts for student away at school, multiple autos, good student, multiple policy, accident-free, and defensive driving training.
  • Esurance may offer discounts for paid-in-full, safety device, good driver, anti-theft, online quote, and anti-lock brakes.
  • Progressive may include discounts for multi-policy, online signing, homeowner, online quote discount, multi-vehicle, and good student.
  • Liberty Mutual has savings for newly retired, new vehicle discount, multi-policy, teen driver discount, safety features, and exclusive group savings.
  • Auto-Owners Insurance may have discounts that include multi-policy, group or association, paperless, anti-theft, paid in full, and good student.
  • GEICO offers discounts including emergency military deployment, five-year accident-free, good student, driver training, and multi-vehicle.

Check with every company how many discounts you can get. Some of the earlier mentioned discounts may not apply to policies in your area. To view insurers that provide some of the discounts listed above, click here.

How to find the cheapest insurance coverage

Finding cheaper insurance coverage rates is actually quite simple. Drivers just need to invest a little time comparing free car insurance quotes to find. Comparing prices online can be done using one of these methods.

  1. Without a doubt, the easiest way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This type of form saves time by eliminating a different quote for each company you want a rate for. One quote request will get you price quotes direct from many companies. This is perfect if you don’t have a lot of time.
  2. A more time consuming way to get comparison quotes is spending the time to visit the website for each individual company and fill out their own quote form. For examples sake, let’s assume you need rates from State Farm, Liberty Mutual and Travelers. You would be required to navigate to each company’s site and repeatedly type in your coverage information, which explains why we recommend starting with the first method. For a list of links to companies insuring cars in your area, click here.

However you get your quotes, ensure you are comparing the exact same coverage limits and deductibles for each comparison quote. If you enter unequal deductibles or liability limits you will not be able to get a fair rate comparison.

Tailor your insurance coverage coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Every insured’s situation is different.

For example, these questions can help discover whether you could use an agent’s help.

  • Should I buy additional glass protection?
  • Am I covered if I break a side mirror?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does medical payments coverage apply to all occupants?
  • Can I afford low physical damage deductibles?
  • When can I cancel my policy?
  • Is my dog or cat covered if injured in an accident?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

The coverage is in the details

Knowing the specifics of insurance can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring.

Medical expense coverage

Med pay and PIP coverage provide coverage for immediate expenses like chiropractic care, hospital visits, ambulance fees and dental work. The coverages can be used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Chevy Traverse.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these coverages do not exceed the liability coverage limits.

Liability car insurance

This provides protection from damages or injuries you inflict on other’s property or people. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability can pay for things like attorney fees, bail bonds and legal defense fees. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive protection

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, damage from a tornado or hurricane and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for collisions

This coverage will pay to fix damage to your Traverse resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sideswiping another vehicle, hitting a parking meter, crashing into a ditch and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Be a penny pincher

You just learned a lot of tips how to save on 2018 Chevy Traverse insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest premium rates are with a small mutual company.

Drivers who switch companies do it for a variety of reasons including high prices, policy non-renewal, unfair underwriting practices or denial of a claim. Whatever your reason, finding a new insurance coverage company can be easy and end up saving you some money.

As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. There have been many situations where drivers have reduced uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.

More detailed insurance coverage information is available in the articles below:

Comments About 2018 Chevrolet Traverse Insurance

  1. Val Clark

    Affordable car insurance is a myth. Proud to be from Providence, RI. Received prices from Progressive, AIG Insurance, and Eastwood for my Chevrolet and I’m now saving $49 a month.