View 2009 Chevrolet Traverse Car Insurance Rates

Looking for the cheapest insurance coverage rates for your Chevrolet Traverse? Finding low cost Driversinsurance coverage is always a challenge for drivers new to comparison shopping online. Because there are so many companies in the marketplace, it can be more work than you anticipated to find more affordable insurance coverage rates.

Consumers need to compare rates yearly because prices change quite often. If you had the best deal for Traverse insurance six months ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

Free car insurance quotes

There are multiple methods to compare car insurance quotes, and some are more efficient than others. You could spend the better part of a day driving to insurance agencies in your area, or you can utilize the web to quickly compare rates.

All the larger companies participate in a marketplace where prospective buyers enter their policy data once, and each company returns a rated price based on that data. This saves time by eliminating quote requests for every car insurance company.

To participate in this free quote system, click here (opens in new window).

The one disadvantage to doing it this way is you don’t know exactly the insurers to receive prices from. If you would rather choose specific insurance companies for rate comparison, we have a listing of the cheapest car insurance companies in your area. Click to view list.

Compare rates however you want, just compare nearly identical coverages for each comparison quote. If you have mixed coverages then you won’t be able to make a fair comparison for your Chevy Traverse. Even a minor difference in limits may result in a large different in cost. Just keep in mind that more quotes helps increase your odds of locating more affordable rates.

These discounts can cut insurance rates

Some insurance providers don’t always advertise all disounts in an easy-to-find place, so we researched some of the best known and the harder-to-find discounts that you may qualify for.

• Bundled Policy Discount – When you combine your auto and homeowners insurance and insure them with the same company they may give you a discount of over 10 percent off each policy depending on the company.
• Pay Upfront and Save – If you pay your bill all at once rather than paying in monthly installments you could save up to 5%.
• Accident Free – Drivers with accident-free driving histories pay less in comparison to bad drivers.
• Waiver for an Accident – This one isn’t a discount, but a handful of insurance companies permit an accident without raising rates as long as you don’t have any claims for a specific time period.
• Discount for Low Mileage – Driving less could qualify for better premium rates on cars that stay parked.
• Life Insurance – Some insurance companies give better rates if you take out a life policy as well.

A little disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to individual premiums such as liability, collision or medical payments. Even though the math looks like all the discounts add up to a free policy, it doesn’t quite work that way.

A few companies that have many of the previously listed discounts include:

• State Farm
• Progressive
• Travelers
• American Family
• Liberty Mutual

Before purchasing a policy, check with each company which discounts you qualify for. Depending on the company, some discounts may not apply in your area. If you would like to see a list of insurers with significant discounts, click here.

When do I need an agent’s advice?

When it comes to buying the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Each situation is unique.

For example, these questions might point out if your situation would benefit from an agent’s advice.

• Does insurance cover damages from a DUI accident?
• Should I bundle my homeowners policy with my auto?
• Why is insurance for a teen driver so high?
• Is my trailer covered?
• Is my vehicle covered by my employer’s policy when using it for work?
• Does my 2009 Chevy Traverse need full coverage?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.

Auto insurance specifics

Knowing the specifics of a auto insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your Chevy Traverse.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like fire damage, hitting a bird, hitting a deer, falling objects and damage from flooding. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical costs insurance

Med pay and PIP coverage provide coverage for short-term medical expenses for chiropractic care, nursing services and prosthetic devices. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability

Liability coverage provides protection from injuries or damage you cause to a person or their property. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like funeral expenses, legal defense fees, pain and suffering, loss of income and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Auto collision coverage

Collision coverage covers damage to your Traverse resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as backing into a parked car, rolling your car, sideswiping another vehicle, sustaining damage from a pot hole and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.