Cheap Insurance for a Chevrolet Traverse in North Dakota

Buying the cheapest auto insurance for a Chevrolet Traverse in North Dakota is dependent upon a whole bunch of rating criteria like the number of years you have been licensed, if you have maintained coverage continuously, and whether or not you are a good driver. Drivers pay on average $700 annually for Traverse insurance, but that amount is based on cost data for a 40-year-old married male driver that purchased comprehensive and collision coverage and $500 physical damage deductibles.

Odds are that you are not 40 years old and maybe not even male, possibly single instead of married, and you might want liability-only or different deductibles. Having the smallest difference in policy rating variables can produce large changes in rate quotes.

Each driver has unique rating factors, so your best shot at finding affordable rates for your Chevrolet is to put in the effort to do a thorough rate comparison.

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The trim level of your Chevrolet tends to have a direct impact on the cost of coverage, so the price you will be charged to insure a Traverse LS 2WD will be $74 less than the cost to insure the higher-priced Traverse LTZ AWD trim level, as shown below.

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and North Dakota minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Rate quotes do not factor in specific location information which can lower or raise premiums substantially.

Finding good, affordable insurance is confusing at best, and deciding which company has the cheapest auto insurance rates for a Chevrolet Traverse involves more quotes for comparison. Each insurance company has their own unique process for filing rates in each state, so to begin we’ll rank the auto insurance companies with the overall cheapest rates in North Dakota.

It’s important to understand that North Dakota auto insurance rates are influenced by many factors which can substantially change the price you pay for coverage. Taking a driver safety course, adding a teenager to your policy, or getting a speeding ticket can trigger rate changes that may make certain companies more affordable than competitors.

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USAA may offer some of the best car insurance rates in North Dakota at around $711 per year. Allied, Nodak Mutual, Grinnell, and Safeco would also be considered some of the more affordable North Dakota insurance companies.

In this example, if you have coverage with Grinnell and switched to Allied, you could realize an annual savings of approxmiately $116. Customers with Safeco may save as much as $210 a year, and State Farm customers might realize rate reductions of up to $242 a year.

To find out how much you can save, click here to start your free quote or visit any of the companies below.

Be aware that those estimates are averaged across all ages of drivers and types of vehicles and and are not calculated with a specific rate value for a Chevrolet Traverse. So the insurer that fits you best may not even be shown in the rate chart shown above. That’s why you need to compare as many prices as possible using your own driver and vehicle profiles.

How accidents and violations affect rates

A great way to obtain the best auto insurance prices for a Traverse is to pay attention while driving and not have accidents or get tickets. The diagram below illustrates how violations and accident claims can raise car insurance costs for different age categories. The premiums are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are factored in.

In the previous chart, the average cost of car insurance in North Dakota per year with no accidents and a clean driving record is $1,128. Factor in two speeding tickets and the average cost jumps to $1,546, an increase of $418 each year. Now add in two accidents along with the two speeding tickets and the annual cost of auto insurance for a Chevrolet Traverse increases to an average of $3,233. That’s an increase of $2,106, or $175 per month, just for not maintaining a clean driving record!

Price comparison of only insuring for liability

Finding cheap insurance for a Chevrolet Traverse in North Dakota should be important to most people, and a great way to find cheap insurance is to not buy full coverage. The information below illustrates the comparison of premium costs with and without full coverage. The prices are based on a clean driving record, no claims, $100 deductibles, single marital status, and no discounts are applied.

If we average all the age groups together, full coverage on your policy costs $1,977 per year over having just liability coverage. That raises the question if paying for full coverage is a waste of money. There isn’t a steadfast formula for eliminating physical damage coverage, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s say your vehicle’s claim settlement value is $10,500 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $9,500 after paying your policy deductible. If it’s costing in excess of $950 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some conditions where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.

How to find low-cost auto insurance for a Chevrolet Traverse

Lowering your rates is not difficult, and here are a few money-saving solutions that can help North Dakota drivers buy lower-cost auto insurance.

• Having too many claims will increase rates substantially
• Do not get into accidents that are your fault
• Violations like speeding or DUI increase rates
• Buy a safer vehicle
• Multi-policy discounts save money
• Remove physical damage coverage on older vehicles
• Comparison shop frequently

The last tip in the list is very important, as we stressed in this article. Auto insurance prices can change considerably in a year, so don’t hesitate to buy a policy from a new company if a cheaper rate is available. Having a favorite company is great, but we do not recommend it if that inflexibility results in costing you a small fortune year after year. It takes less than five minutes to compare prices to find cheaper insurance for a Chevrolet Traverse.