Finding cheap car insurance for a Chevrolet Traverse doesn’t take too much effort, but it depends on a complicated formula that considers factors such as how old the vehicle is, your profession, and if you have a history of accidents. Arizona drivers will pay on average $838 a year to insure their Traverse, but that figure is an approximation calculated using a 30-year-old single male driver with full physical damage coverage and $500 deductibles.
It’s more than likely you are not 30 years old and maybe not even male, you might be married instead of single, or maybe you have a speeding ticket that needs to be factored in. Have just a small change in rating criteria may result in a big change in the policy rate.
There is no one cookie-cutter policy that works for everyone, so the way we recommend to find affordable rates for your Chevrolet is to just take the time to compare rates yourself. Rate quotes are easy and you can get rates from the best auto insurance companies that sell coverage in Arizona.
Vehicle trim level will be a contributing factor to the cost of insurance, so the price to insure a Traverse LS 2WD model will cost $84 less than the price to insure the more well-appointed Traverse LTZ AWD model, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Traverse LS 2WD||$214||$258||$334||$20||$100||$926||$77|
|Traverse LS AWD||$242||$258||$334||$20||$100||$954||$80|
|Traverse LT 2WD||$242||$258||$334||$20||$100||$954||$80|
|Traverse LT AWD||$242||$314||$334||$20||$100||$1,010||$84|
|Traverse LTZ 2WD||$242||$314||$334||$20||$100||$1,010||$84|
|Traverse LTZ AWD||$242||$314||$334||$20||$100||$1,010||$84|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rates do not factor in specific location which can raise or lower premiums noticeably.
Ending up with a good quality company can be challenging considering how many companies there are in Arizona. The company information shown next can help you decide which auto insurance companies you want to consider to insure your vehicles. The ratings below are only made up of companies that write coverage in many states, so smaller companies that only insure vehicles in Arizona are not taken into consideration for this list.
Top 10 Large Auto Insurance Companies in Phoenix Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Top 10 Large Auto Insurance Companies in Phoenix Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
- Liberty Mutual – 88%
How careless driving impacts Phoenix insurance rates
One of the best ways to receive the cheapest insurance prices in Phoenix for a Traverse is to drive cautiously and maintain a clean driving record. The illustration below illustrates how violations and at-fault claims raise annual premium costs for each age group. The data is based on a married male driver, full coverage, $500 deductibles, and no discounts are factored in.
The data in the chart shows the average cost of a car insurance policy in Phoenix per year with no accidents or violations is $1,265. Receive one speeding ticket and the average cost swells to $1,450, an increase of $185 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of insurance for a Chevrolet Traverse jumps again to an average of $1,960. That’s an increase of $695, or $58 per month, just for not being attentive to the road!
Here’s why price comparisons are so important
Arizona insurance rates are based on many factors which can substantially change the cost of a policy. Improving your credit score, marrying your spouse, or getting a couple of tickets can cause premium changes that may make certain companies more affordable than the competition. Also, car insurance companies change rates as often as every three months to reflect underwriting profits or losses. Significantly higher claims may cause higher priced premiums, while less frequent claims may result in lower-cost Traverse insurance rates.
The graph below compares the cheapest car insurance in Phoenix, AZ for a 35-year-old male driver with a clean driving record, no accidents, and a good credit rating. When comparing rates based on his current risk profile, The Hartford offers the lowest car insurance rates in Phoenix at $1,172 annually. This is $256 less than the average premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA are also included in the cheapest Phoenix, AZ auto insurance companies.
The chart below compares rates after we give the driver in the first chart some claims, a little lower credit rating, and a few traffic violations. Due to the fact that every insurance company has a different formula for determining prices, analyzing rates may now result in a completely different list of the cheapest companies as shown below.
GEICO now has the cheapest car insurance in Phoenix, AZ with CSAA, Allied, Ameriprise Group, and Safeco also being competitive. This example demonstrates why consumers need to take the time to compare as many rates as possible when trying to find the most economical car insurance rates for a Chevrolet Traverse. Prices can be altered by many factors and change frequently, so the best company the last time you checked may now be an over-priced policy.
How to find more affordable car insurance for a Chevrolet Traverse
It is possible to find better rates, and here are a few money-saving ideas that can help Arizona drivers get low-cost car insurance.
- Increase your credit score
- Do not get tickets
- Bundle home and auto and save
- Prevent price hikes by avoiding at-fault accidents
- Raise deductibles
- If possible, do not file small claims
- Compare rates and switch if you can find a better deal
That last piece of advice is highly vital, as we discussed in this article. Prices charged by car insurance companies can change considerably based on profitability, so don’t be afraid to change insurance companies if a cheaper price is available.
Having a favorite company is fine, but it’s not recommended if that dedication is costing several hundred dollars every year. If you have a few minutes, now is a great time to compare rates and find cheaper insurance for a Chevrolet Traverse in Phoenix.
The insurance agents in Phoenix listed below are a good start to help you determine which policy fits your needs best, since many people would rather have some advice when shopping for cheaper insurance for a Chevrolet Traverse. It can be challenging to do it yourself, and getting professional guidance from a licensed agent can give satisfaction knowing you have enough protection. To find an auto insurance agency nearest to you, click the link at the bottom or click here to compare price quotes.
- Gunther Perdomo Llana – State Farm Insurance Agent
2040 E Bell Rd #110 – Phoenix, AZ 85022 – (602) 971-8488
- State Farm: Lynn Hennessy
4645 E Chandler Blvd #110 – Phoenix, AZ 85048 – (480) 759-0203
- Jacob Rosell – State Farm Insurance Agent
2218 N 24th St – Phoenix, AZ 85008 – (602) 267-8200
- Andy Carrillo – State Farm Insurance Agent
4713 E Southern Ave – Phoenix, AZ 85042 – (602) 426-8088