Who Has the Cheapest Auto Insurance Rates for a Chevrolet Traverse in Oakland?

Finding the cheapest coverage for a Chevrolet Traverse can be really easy, but it hinges on an enormous amount of rating factors such as the safety rating for your Traverse, your address, and driving violations. California drivers pay on average $1,064 each year for Traverse insurance, but that cost is calculated using a 30-year-old married male driver with full comprehensive and collision coverage and $500 deductibles.

When making auto insurance estimates, the issue arises that you are not 30 and maybe not even a male, single instead of married, and maybe you have sub-par credit that needs to be factored in. Having just a slight change in policy rating criteria or coverages could result in a significant change in the cost of insurance.

This shows why the only real way to find the most affordable coverage for your Chevrolet is to compare as many rates as you can.

Compare Chevrolet Traverse Insurance Rates

The trim level of your vehicle can impact the insurance rate, so the price you will be charged to insure a Traverse LS 2WD will be $118 cheaper than the insurance cost for the more expensive Traverse LTZ AWD model, as shown in the chart below.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Rates do not factor in vehicle garaging location which can affect premium rates considerably.

Insuring your vehicle with a highly-rated insurance company can be a challenge considering how many companies sell insurance in Oakland. The ranking information shown below can help you choose which car insurance providers to look at when shopping car insurance rates for a Chevrolet Traverse.

These rankings are only comprised of large insurance companies, so smaller companies are not factored into the list. If you’d like to compare prices from these top insurers and more, click this link.

Top 10 Major Auto Insurance Providers Overall in Oakland

1. USAA
2. American Family
3. AAA of Southern California
4. State Farm
5. The Hartford
6. AAA Insurance
7. GEICO
8. The General
9. Titan Insurance
10. Progressive

Top 10 Major Auto Insurance Providers in Oakland Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. AAA of Southern California
5. Titan Insurance
6. The General
7. AAA Insurance
8. State Farm
9. Mercury Insurance
10. Nationwide

The diagram below illustrates how your deductible choice can impact insurance costs when researching cheap insurance for a Chevrolet Traverse. Data assumes a married male driver, full physical damage coverage, and no discounts are taken into consideration.

The chart above illustrates that a 40-year-old driver could lower their policy premium by $334 a year by increasing from a $100 deductible to a $500 deductible, or save $510 by selecting a $1,000 deductible. Younger drivers, like the 20-year-old example, could shave $1,098 annually by choosing larger deductibles on their policy.

When increasing deductibles, it will be required to have plenty of discretionary funds to cover the extra out-of-pocket expense that comes with higher deductibles.

Accidents and violations increase rates

The ideal way to enjoy affordable car insurance prices in California for a Traverse is to drive attentively and avoid accidents and traffic violations. The example below illustrates how violations and at-fault accidents impact auto insurance rates for different age groups. The costs are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied.

In the previous chart, the average cost of an auto insurance policy per year with a clean driving record and no accidents is $1,831. Factor in two speeding tickets and the average cost increases to $2,439, an increase of $608 each year. Now include one accident along with the two speeding tickets and the 12-month cost of car insurance for a Chevrolet Traverse goes up to an average of $3,041. That’s an increase of $1,210, or $101 per month, just for being a careless driver!

Types of discounts on Oakland insurance

Insurance providers that offer quotes for a Chevrolet Traverse may provide premium discounts that can reduce rates by 35% or more if you can meet the requirements. Companies and some of the premium reductions they offer can be read below.

• Farm Bureau offers discounts including renewal discount, good student, multi-policy, youthful driver, driver training, and safe driver.
• MetLife has savings for accident-free, claim-free, good student, multi-policy, defensive driver, and good driver.
• Progressive has discounts for online signing, multi-policy, homeowner, multi-vehicle, online quote discount, good student, and continuous coverage.
• AAA discounts include education and occupation, multi-car, good driver, anti-theft, pay-in-full, and good student.
• American Family offers discounts for early bird, defensive driver, mySafetyValet, TimeAway discount, bundled insurance, and multi-vehicle.
• GEICO offers premium reductions for anti-theft, driver training, daytime running lights, good student, and seat belt use.
• State Farm may include discounts for safe vehicle, driver’s education, Steer Clear safe driver discount, anti-theft, accident-free, multiple policy, and good driver.

The example below illustrates the difference between insurance costs with and without policy discounts. The premiums are based on a male driver, no accidents or driving violations, California state minimum liability limits, full physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows premium with no discounts. The second bar shows the rates with accident-free, passive restraint, marriage, safe-driver, claim-free, and defensive driving course discounts applied. When drivers take advantage of discounts, the average amount saved each year on car insurance for a Chevrolet Traverse is 28% or $531.