How Much are Insurance Quotes for a Chevrolet Traverse in Hawaii?

Your chances of finding affordable auto insurance for a Chevrolet Traverse in Hawaii depends on a lot of factors like whether you are married, the insurance company you are currently insured with, and if you had any at-fault accidents in the last few years. Drivers in Hawaii pay an average rate of $680 each year for Traverse insurance, but that figure is an estimation using rating data for a 50-year-old married female driver who purchased full coverage and $100 physical damage deductibles.

The issue that arises when projecting rates is that it’s very likely that you aren’t exactly 50 years old or even a female, maybe you are single instead of married, and you want different coverage limits than the example. Have just a small change in the criteria used to calculate rates can cause large differences in rates.

This shows why your best shot at finding the most affordable coverage for your Chevrolet is to compare rates from as many companies as possible.

Find Cheaper Chevrolet Traverse Insurance

Your vehicle’s trim level can impact price, so the rate you pay to insure a Traverse LS 2WD will be $84 less than the cost to insure the high end Traverse LTZ AWD trim level, as shown below.

Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Price information does not factor in your specific Hawaii location which can impact price quotes considerably.

Picking the best insurance company is difficult considering how many choices there are in Hawaii. The company rank data in the lists below may help you select which car insurance companies you want to consider when shopping car insurance rates for a Chevrolet Traverse. These ratings only include companies that insure vehicles across America, so smaller companies are not included in these rankings.

Does it make sense to buy full coverage?

Finding cheap insurance for a Chevrolet Traverse in Hawaii should be important to most drivers, and one of the quickest ways to find cheap insurance is to not buy comprehensive and collision coverage. The example below illustrates the comparison of annual premium costs when comparing full coverage to liability only. The data assumes a clean driving record, no claims, $500 deductibles, drivers are not married, and no other discounts are factored in.

If we average the cost for all age groups, physical damage coverage costs an extra $1,398 per year over having just liability coverage. That is a large expense which might make you wonder if you should buy full coverage at all. There is no written rule to eliminate full coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

There are some cases where buying only liability insurance is not in your best interest. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not opt for liability only.

The diagram below shows how choosing a deductible can change premium costs when trying to find cheap insurance for a Chevrolet Traverse. The costs are based on a single female driver, comprehensive and collision coverage, and no policy discounts are applied.

In the chart above, a 50-year-old driver could lower their policy premium by $226 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $346 by using a $1,000 deductible. Younger drivers, such as the Age 20 example, could possibly save as much as $568 each year by choosing a larger deductible amount. When increasing deductibles, it is important to have emergency funds available to enable you to pay the extra out-of-pocket expense that comes with higher deductibles.

Cheapest car insurance: State Farm, Allstate, Progressive, or Geico

When it comes to insurance for a Traverse in Hawaii, four companies you’ll want quotes from are State Farm, Allstate, Progressive, and Geico. The next table compares pricing and service ratings, plus some optional coverages that policyholders can buy.