Save on Chevy Traverse Insurance in San Jose

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Do you want to save money by finding more competitive Chevy Traverse insurance in San Jose? Purchasing affordable San Jose Chevy Traverse insurance quotes might appear overwhelming for drivers new to quoting and comparison shopping on the internet. With dozens of online companies available, how are drivers able to have a chance to compare every car insurance company to find better prices?

How to find cheaper quotes for Chevy Traverse insurance in San Jose

If saving money is your primary concern, then the best way to save on Chevy Traverse insurance is to compare quotes once a year from providers who sell auto insurance in San Jose. You can shop around by following these guidelines.

  • First, it will benefit you to learn about the different coverages in a policy and the modifications you can make to prevent rate increases. Many things that are responsible for high rates such as at-fault accidents, careless driving, and a low credit rating can be improved by improving your driving habits or financial responsibility.
  • Second, quote rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like GEICO and State Farm, while independent agents can provide price quotes from multiple companies.
  • Third, compare the quotes to your current policy premium to determine if you can save on Traverse insurance in San Jose. If you find better rates and decide to switch, make sure there is no lapse in coverage.
  • Fourth, notify your current company of your intention to cancel your existing policy and submit payment and a completed application to the new insurer. Immediately upon receiving it, put the new certificate verifying proof of insurance in an easily accessible location in your vehicle.

An essential thing to point out is to make sure you're comparing identical deductibles and limits on every price quote and and to get rate quotes from as many auto insurance providers as possible. Doing this provides an accurate price comparison and many rates to choose from.

Insurance for Chevy TraverseUnimaginable but true, nearly 70% of consumers kept their policy with the same company for at least the last four years, and almost half have never even shopped around for cheap coverage. With the average car insurance premium being $1,390, California drivers could save almost 35% every year just by getting comparison quotes, but they underestimate the benefits if they moved their coverage to a different company.

Consumers need to compare premium rates quite often since insurance prices are constantly changing. Even if you think you had the best deal on Chevy Traverse insurance in San Jose at your last renewal a different company probably has better rate quotes today. Block out anything you think you know about car insurance because I'm going to let you in on the secrets to the only way to find better coverage on Chevy Traverse insurance in San Jose at a better price.

Quoting the lowest-priced policy in San Jose is easy if you know what you're doing. Practically everyone who is shopping for car insurance should find a lower-cost policy. Nevertheless, California car owners can benefit by having an understanding of the methods companies use to calculate your policy premium because rates fluctuate considerably.

Just remember that more quotes gives you a better chance of getting the best offered rates. Some insurance companies are not set up to provide rate quotes online, so you should also compare prices on coverage from those companies, too.

The companies shown below are our best choices to provide quotes in San Jose, CA. If the list has multiple companies, we suggest you visit several of them to get the best price comparison.

Cheap Chevy Traverse insurance in San Jose

Insurance is neither fun to buy or cheap, but you might be missing out on some discounts to help bring down the price. Certain discounts will be triggered automatically at the time of quoting, but some need to be manually applied in order for you to get them.Insurance discounts

  • Seat Belts Save more than Lives - Drivers who always wear seat belts and also require passengers to buckle up can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
  • Driver Education Discount - Teen drivers should take driver's ed class in high school.
  • Paperwork-free - Many companies will discount your bill up to fifty bucks just for signing your application on their website.
  • Low Miles Discount - Maintaining low annual mileage can qualify you for discounted rates on garaged vehicles.
  • Telematics Data - Drivers that enable companies to track vehicle usage by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm may see discounts if they have good driving habits.
  • Anti-lock Brake Discount - Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • Discounts for Good Drivers - Insureds who avoid accidents can save up to 40% or more on their San Jose car insurance quote compared to rates paid by drivers with frequent claims.
  • Discount for Multiple Policies - If you can combine your homeowners and auto policy with one company you could earn a discount of over 10 percent off each policy depending on the company.
  • Theft Prevention Discount - Cars and trucks that have factory anti-theft systems are stolen less frequently and that can save you a little bit as well.

Drivers should understand that many deductions do not apply to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like it's possible to get free car insurance, you aren't that lucky.

The example below illustrates the comparison of Chevy Traverse annual premium costs with and without policy discounts. The costs are based on a male driver, no accidents or driving violations, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, homeowner, multi-policy, and safe-driver discounts applied.

A few companies that have these benefits include:

If you need lower rates, check with all companies you are considering to apply every possible discount. Discounts may not apply to policies in San Jose. If you would like to choose from a list of insurers with discount rates in California, click here.

Insurance coverage analysis

The price information displayed next outlines a range of coverage costs for Chevy Traverse models. Being more informed about how prices are determined can help customers make smart choices when choosing a car insurance company.

Chevrolet Traverse Insurance Rates in San Jose, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $266 $402 $360 $22 $108 $1,158 $97
Traverse LS AWD $300 $402 $360 $22 $108 $1,192 $99
Traverse LT 2WD $300 $402 $360 $22 $108 $1,192 $99
Traverse LT AWD $300 $490 $360 $22 $108 $1,280 $107
Traverse LTZ 2WD $300 $490 $360 $22 $108 $1,280 $107
Traverse LTZ AWD $300 $490 $360 $22 $108 $1,280 $107
Get Your Own Custom Quote Go

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium costs do not factor in San Jose location which can lower or raise premium rates noticeably.

Comparison of policy deductibles

The hardest decision when buying coverage is what deductibles to buy. The rates below may aid in understanding how much more rates are when you buy lower versus higher deductibles. The first set of rates uses a $250 deductible for physical damage and the second rate table uses a $1,000 deductible.

Chevrolet Traverse insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $342 $472 $376 $22 $112 $1,349 $112
Traverse LS AWD $386 $472 $376 $22 $112 $1,393 $116
Traverse LT 2WD $386 $472 $376 $22 $112 $1,393 $116
Traverse LT AWD $386 $576 $376 $22 $112 $1,497 $125
Traverse LTZ 2WD $386 $576 $376 $22 $112 $1,497 $125
Traverse LTZ AWD $386 $576 $376 $22 $112 $1,497 $125
Get Your Own Custom Quote Go
Chevrolet Traverse insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $210 $298 $376 $22 $112 $1,018 $85
Traverse LS AWD $238 $298 $376 $22 $112 $1,046 $87
Traverse LT 2WD $238 $298 $376 $22 $112 $1,046 $87
Traverse LT AWD $238 $362 $376 $22 $112 $1,110 $93
Traverse LTZ 2WD $238 $362 $376 $22 $112 $1,110 $93
Traverse LTZ AWD $238 $362 $376 $22 $112 $1,110 $93
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Prices do not factor in San Jose location which can alter auto insurance rates substantially.

Using the premium rates above, we can conclude that using a $250 deductible costs approximately $30 more each month or $360 every year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you have more than 25 months between claim filings, you would probably save some money if you choose the higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $250 deductibles: $120
Average monthly premium for $1,000 deductibles (subtract): - $90
Monthly savings from raising deductible: $30
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 25 months

One thing to be aware of is that raising deductibles to get cheaper rates means you pay more out-of-pocket when you have a claim. You need enough money in the bank in the event you have to pay more to get your vehicle repaired.

The chart below shows how different deductible levels and can change Chevy Traverse insurance rates for each different age category. The data is based on a single female driver, full coverage, and no policy discounts are applied.

How Insurance Companies Calculate Chevy Traverse Insurance Prices

Many factors are used in the calculation when pricing auto insurance. Some factors are common sense such as traffic violations, but other factors are not quite as obvious like your vehicle usage or your vehicle rating.

Lower rates for safer vehicles - Vehicles with high crash test scores cost less to insure. Highly rated vehicles reduce injuries and fewer serious injuries means less money paid by your insurance company and thus lower rates. If your Chevy Traverse scored at minimum an "acceptable" rating on the Insurance Institute for Highway Safety website you may qualify for a discount.

Marriage can save on insurance - Your spouse actually saves money compared to being single. It is viewed as being more financially stable and insurance companies reward insureds because drivers who are married are more cautious.

Females tend to cost less - Statistics have proven that females tend to be a little less risky than males. However, this does not mean males are worse at driving than females. They both cause fender benders in similar percentages, but the males cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations like DWI (DUI) or reckless driving.

The example below compares Chevy Traverse insurance costs for male and female drivers. The data assumes no accidents or driving violations, full coverage, $100 deductibles, marital status is single, and no discounts are applied.

Better credit means lower costs - A driver's credit score can be an important factor in determining what you pay for insurance. If your credit could use some work, you could be paying less to insure your Chevrolet Traverse by spending a little time repairing your credit. Insureds with very good credit scores tend to be better risks to insure than drivers with lower credit ratings.

Traffic violations are costly - Having a clean driving record has a lot to do with how much you pay for insurance. Just one driving citation could increase your next policy renewal forty percent or more. Drivers with clean records get better rates compared to bad drivers. Drivers who have gotten flagrant tickets such as reckless driving, hit and run or driving under the influence may need to file a SR-22 with the DMV in their state in order to prevent a license revocation.

The information below shows how violations and fender-benders can raise Chevy Traverse insurance prices for different insured age categories. The price estimates are based on a married male driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.

Safeguard your assets with liability - Liability coverage will afford coverage when you are found to be at fault for damages caused by your negligence. It provides for a legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to comp and collision, so do not cut corners here.

Chevy Traverse claim data - Car insurance companies analyze claim trends for every vehicle when they set coverage costs for each model. Vehicles that the data determines to have higher frequency or amount of claims will have higher rates for specific coverages. The table below demonstrates the compiled insurance loss statistics for Chevy Traverse vehicles.

For each policy coverage type, the statistical loss for all vehicles, without regard to make or model, is represented as 100. Values that are under 100 represent a good loss history, while numbers shown that are more than 100 point to more losses or statistically larger losses.

Car Insurance Loss Data for Chevrolet Traverse Models
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chevrolet Traverse 4dr 2WD 75 101 72 93 90 90
Chevrolet Traverse 4dr 4WD 72 91 82 78 76 78
BETTER
AVERAGE
WORSE

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years