Best Cheap Insurance Quotes for a Chevrolet Traverse in Oregon

Best Cheap Insurance Quotes for a Chevrolet Traverse in Oregon

Our content editors always give us grief that when writing about car insurance, the word affordable really should not be used anywhere to describe car insurance prices. Regardless, cheap car insurance for a Chevrolet Traverse can be hard, if not impossible, to find. Don’t let that discourage you, because we are going to show you some ways you can still get auto insurance that you can afford.

Finding cheaper car insurance for a Chevrolet Traverse in Oregon hinges on a large number of rating criteria like how old the Traverse is, the insurance company you are currently insured with, and if your driving record is clean. Drivers will pay on average $680 a year to insure their Traverse, but that cost is a valuation using rating data for a 50-year-old single female that wants full coverage including both comprehensive and collision and $1,000 physical damage deductibles.

Chances are that you may not be 50 years old (or even female), married instead of single, or maybe you need higher liability limits than the state minimum. What seems to be a minor change in rating criteria can make a large difference in how much insurance for a Chevrolet Traverse costs.

The different assumptions illustrate why your best shot at finding cheap car insurance rates for your Chevrolet is to make a habit of regularly comparing rates from other companies. It only takes a couple of minutes and you will be able to compare rates from some of the most affordable companies in Oregon.

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The specific trim level will influence the coverage cost, so the price you will pay to insure a Traverse LS 2WD will be $62 less expensive the price to insure the more expensive Traverse LTZ AWD trim level, as demonstrated by the prices below.

Chevrolet Traverse Insurance Rates in Oregon
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $132 $210 $306 $18 $92 $758 $63
Traverse LS AWD $148 $210 $306 $18 $92 $774 $65
Traverse LT 2WD $148 $210 $306 $18 $92 $774 $65
Traverse LT AWD $148 $256 $306 $18 $92 $820 $68
Traverse LTZ 2WD $148 $256 $306 $18 $92 $820 $68
Traverse LTZ AWD $148 $256 $306 $18 $92 $820 $68
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Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oregon minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium costs do not factor in vehicle garaging location which can alter coverage rates greatly.

Selecting the best insurance provider is hard considering how many companies there are to choose from in Oregon. The company ratings shown next may help you pick which insurers you want to consider shopping your coverage with. These ratings are only made up of companies with a nationwide focus, so companies that focus mainly on Oregon business will not be included in the list.

Top Car Insurance Companies for a Chevrolet Traverse
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
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Data Source: Insure.com Best Car Insurance Companies

Difference between full coverage and liability only rates

Finding the best cheap insurance for a Chevrolet Traverse in Oregon is the goal of most people, and one of the fastest ways to reduce the cost of insurance is to not insure for full coverage. The example below shows the difference between auto insurance rates with full physical damage coverage compared to only buying liability only. The rate quotes are based on no claims or violations, $250 deductibles, drivers are single, and no additional discounts are factored in.

As an average, comp and collision coverage costs an extra $1,721 per year more than just insuring for liability. That brings up the question if you should buy full coverage at all. There is no exact formula to stop buying comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

There are some circumstances where dropping physical damage coverage is not recommended. If you still owe a portion of the original loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Ideas for buying the cheapest car insurance for a Chevrolet Traverse

It’s not impossible to find cheaper rates, and here are some of the recommended penny-pinching solutions that can help Oregon drivers quote cheaper auto insurance.

  • Ensure your driving record is clean
  • Good credit can save money
  • Don’t waste money on full coverage for older vehicles
  • Higher deductibles mean lower rates
  • Avoid accidents and claims
  • Drive a car with a high safety rating
  • Comparison shop frequently

That last idea is particularly important, as was stressed in the prior information. Rates can be modified anytime, so drivers shouldn’t be resistant to change to a new company if you can find a cheaper rate.

Loyalty to a specific company is fine, but it’s not recommended if that dedication is costing money that could be spent on other things. In just a couple of minutes you could compare rates to find cheaper auto insurance for a Chevrolet Traverse.

Cheap Chevrolet Traverse insurance quotes

You have a lot of ways to quote car insurance rates in Oregon, but the most popular are from a captive (or exclusive) agency such as State Farm or Auto-Owners, a non-exclusive or independent agent, or from a direct company like Progressive or Geico. They all have the same basic principle, but car insurance buyers need to understand the differences in how they function.

Independent agencies have contracts with multiple insurance companies and can get rate quotes from all of them. They do not work for one specific company and can give you more rate choices, which can help you get a better chance of saving money. If your premiums go up, an independent agent can move your coverage which makes it simple for you.

An exlusive, or captive, agency is able to quote prices with just one company, two popular examples being State Farm and Auto-Owners agents. Exclusive agencies are unable to compare rates from other companies, so they have no alternatives for high prices.

When you buy car insurance direct, you forego an independent or exclusive agent and instead shop from a direct company like Geico. Shopping direct may be a decent choice families who have fewer assets and have an above average understanding of the limitations of car insurance.

Out of those three methods, which one works best to buy the best cheap insurance for a Chevrolet Traverse in Oregon? Most people assume that buying from a direct company results in the cheapest rates since there is no need to pay agent commissions, but unfortunately, that is not always true. It could also be said buying from an independent agent saves the most money because you have more choices, but that assumption is not true either. In many circumstances, exclusive agents have coverage prices that independents and direct companies can’t touch.

Since car insurance rates vary so much, the guaranteed way to buy the cheapest coverage is to compare, compare, and compare some more. It’s recommended that drivers get prices from all three types to have the best rate selection. To see some of the cheapest online companies available, click here to view.