Who Has the Cheapest Insurance Quotes for a Chevrolet Traverse in Alaska?

The chances of finding affordable insurance for a Chevrolet Traverse in Alaska relies on a complex formula that considers things like the safety rating for your Traverse, your occupation, and deductible levels for physical damage coverage. Drivers will pay on average $640 every 12 months to insure a Chevrolet Traverse, but that is an approximation based on rate data for a 50-year-old married female who purchased comprehensive and collision coverage and $250 policy deductibles.

There is a really good chance that you’re not a 50-year-old female, maybe you are single instead of married, or maybe your Alaska zip code is rated higher than the example. Just a minor difference in the factors used in pricing a policy can result in a massive change in the price of a policy.

Not everyone needs the same coverages, so the only real way to find cheap insurance rates for your Chevrolet is to make a habit of comparing rates at every renewal.

Cheapest Chevrolet Traverse Insurance Rates

The trim level of your Traverse can impact price, so the price you will be charged to insure a Traverse LS 2WD model will be $72 cheaper than the cost to insure the higher-end Traverse LTZ AWD model, as shown in the prices below.

Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Estimates do not factor in specific location information which can increase or decrease rates significantly.

Best insurance in Alaska

Selecting the best insurance company is hard considering how many companies are available to choose from in Alaska. The information below can help you select which providers to look at when trying find the best insurance for a Chevrolet Traverse.

The rankings below are only made up of the largest companies in the United States, so smaller companies are not factored into this list. If you would like to check rates from these top-rated insurers and more, just click here.

The chart below demonstrates how deductible levels can impact insurance costs when researching cheap insurance for a Chevrolet Traverse. The data is based on a single female driver, full coverage, and no discounts are applied.

The data above shows that a 50-year-old driver could lower their car insurance rates by $266 a year by increasing from a $100 deductible to a $500 deductible, or save $404 by using a $1,000 deductible. Young drivers, such as the 20-year-old chart data, can save $676 annually by choosing larger deductibles on their policy. When choosing a higher deductible, it will be necessary to have additional funds in a savings account to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.

How accidents and violations affect rates

The obvious way to get low insurance premiums in Alaska for a Traverse is to drive attentively and avoid tickets and accidents. The information below illustrates how traffic citations and at-fault collisions drive up auto insurance costs for different ages of insureds. The rates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.

In the example above, the average cost of an auto insurance policy in Alaska per year with no accidents or violations is $1,396. Receive two speeding tickets and the average cost swells to $1,871, an increase of $475 each year. Now add one accident along with the two speeding tickets and the yearly cost of insurance for a Chevrolet Traverse goes up to an average of $2,336. That’s an increase of $940, or $78 per month, just for not being more responsible behind the wheel!

Company comparison: State Farm vs Progressive vs Geico vs Allstate

When comparing insurance for a Traverse in Alaska, four companies to definitely compare rates with are State Farm, Progressive, Geico, and Allstate. Between them, they insure almost 50% of the entire U.S. car insurance market. They all have slightly different coverages and options that may steer you one way or another. The next table points out price and claims rank as well as some different options that are available for policyholders.