2014 Chevrolet Traverse Insurance Rates

Searching for cheaper auto insurance rates for your Chevrolet Traverse? I can’t think of a single person who looks forward to paying for auto insurance, in particular when they could lower their rates if they shopped around.

Many auto insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates and get the best coverage at the lowest price

It is always a good idea to check auto insurance prices quite often because auto insurance prices change regularly. If you had the best rate on Traverse coverage last year other companies may now be cheaper. Ignore everything you know about auto insurance because you’re about to find out the things you must know in order to get good coverage at a lower rate.

If you currently have car insurance, you stand a good chance to be able to cut costs considerably using this strategy. Finding the best rates is not that difficult. But vehicle owners can benefit by having an understanding of the methods companies use to compete online and take advantage of how the system works.

Why smart consumers pay less for Chevy Traverse insurance

Many different elements are taken into consideration when you get your auto insurance bill. Most are fairly basic such as your driving history, but some are less apparent such as your credit history or how safe your car is.

The itemized list below are some of the most rate-impacting factors insurance coverage companies consider when setting your rates.

  • Good drivers have lower premiums – Getting just one chargable violation may increase your cost by twenty percent. Attentive drivers pay less for auto insurance than their less careful counterparts. Drivers unfortunate enough to have dangerous violations like reckless driving, hit and run or driving under the influence may find they need to file a proof of financial responsibility form (SR-22) with their state’s department of motor vehicles in order to prevent their license from being revoked.
  • A good credit score can save money – Your credit score is a big factor in determining what you pay for insurance coverage. People that have high credit scores tend to be better drivers and file fewer claims as compared to drivers with worse credit. If your credit rating leaves room for improvement, you could pay less to insure your 2014 Chevrolet Traverse by spending a little time repairing your credit.
  • Get better rates if married – Getting married can actually save you money on insurance coverage. Marriage is viewed as being less irresponsible and statistics show married couples file fewer claims.
  • Low deductibles mean high costs – Physical damage coverage, also called comprehensive and collision insurance, protects your Chevy from damage. Some examples of covered claims would be a broken windshield, damage from fire, or theft. The deductibles you choose define how much you are required to spend if a claim is determined to be covered. The higher the amount the insured is willing to pay, the bigger discount you will receive on Traverse coverage.

Verify you’re receiving every discount

The price of auto insurance can be rather high, but you can get discounts to help bring down the price. Some discounts will apply when you quote, but a few must be asked for before you get the savings.

  • Senior Discount – Drivers that qualify as senior citizens are able to get a small discount on rates on Traverse coverage.
  • Telematics Data Discounts – Drivers who agree to allow companies to look at when and where they use their vehicle through the use of a telematics system like Allstate’s Drivewise might see lower rates if they are good drivers.
  • Student Driver Training – Have your child take driver’s ed class if it’s offered in school.
  • Multi-line Discount – Larger insurance companies have a small discount if you purchase life insurance.
  • Discounts for Seat Belt Usage – Drivers who require all occupants to wear their seat belts may be able to save a few bucks on medical payment and PIP coverage.
  • Early Payment Discounts – If you pay your entire premium ahead of time instead of making monthly payments you may have a lower total premium amount.
  • Good Student – Excelling in school can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
  • Discounts for Safe Drivers – Insureds without accidents may save up to 50% more on Traverse coverage compared to accident prone drivers.
  • Early Switch Discount – A few insurance companies offer discounts for buying a policy before your current expiration date. It can save you around 10%.

We need to note that most discounts do not apply to all coverage premiums. Most only apply to specific coverage prices like comp or med pay. Even though it appears all those discounts means the company will pay you, you’re out of luck. But all discounts will reduce the amount you have to pay.

If you would like to view companies who offer cheap insurance quotes, follow this link.

When should I discuss my situation with an agent?

When buying adequate coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different so your insurance needs to address that. These are some specific questions may help highlight whether your personal situation would benefit from an agent’s advice.

  • Can my babysitter drive my car?
  • Does my insurance cover my expensive audio equipment?
  • Is a blown tire covered by insurance?
  • Can I make deliveries for my home business?
  • What is the difference between comprehensive and collision coverage?
  • Who is covered when they drive my 2014 Chevy Traverse?
  • What are the financial responsibility laws in my state?
  • Should I waive the damage coverage when renting a car?
  • Where can I find DUI or SR-22 insurance?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Car insurance 101

Learning about specific coverages of insurance can help you determine which coverages you need for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.

Collision insurance

Collision coverage covers damage to your Traverse resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as rolling your car, scraping a guard rail and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for bills such as EMT expenses, dental work and prosthetic devices. They can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Auto liability

Liability insurance provides protection from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things like legal defense fees, medical expenses, bail bonds and emergency aid. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Comprehensive coverages

This pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, a broken windshield, damage from flooding, hail damage and hitting a bird. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Chevy Traverse.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Compare but don’t skimp

We just covered some good ideas how to reduce 2014 Chevy Traverse insurance car insurance rates online. The key concept to understand is the more you quote car insurance, the better chance you’ll have of finding low cost car insurance. Consumers could even find that the most savings is with a small local company. They may have significantly lower premium rates on certain market segments as compared to the big name companies such as Progressive and GEICO.

When shopping online for auto insurance, you should never buy less coverage just to save a little money. In many cases, drivers have reduced collision coverage and discovered at claim time that the savings was not a smart move. The aim is to buy enough coverage for the lowest price.

Some auto insurance companies do not offer the ability to get a quote online and these regional carriers sell through independent agents. Lower-priced 2014 Chevy Traverse insurance can be purchased on the web and with local insurance agents, and you should compare price quotes from both to have the best rate selection.

Additional auto insurance information can be read below: