Finding the cheapest insurance for your Chevy Traverse in Texas can normally be a lot of work, but you can learn these tips to save time. There are both good and bad ways to shop for auto insurance and we’ll show you the quickest way to price shop coverage for a Chevy and find the lowest price either online or from San Antonio insurance agents.
Locating the most cost-effective car insurance policy in San Antonio is not that difficult. If you’re already insured or are looking for a new policy, you can use this information to reduce the price you pay while maximizing coverage. Drivers just have to use the most efficient way to compare rate quotes using one simple form.
Car insurance providers offering low-cost rates in Texas
The car insurance companies shown below are our best choices to provide quotes in San Antonio, TX. If the list has multiple companies, it’s highly recommended you compare several of them to get a more complete price comparison.
Insurance coverage analysis
The information below outlines detailed analysis of coverage costs for Chevy Traverse models. Learning as much as possible about how insurance policy premiums are established helps drivers make smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Traverse LS 2WD | $240 | $328 | $324 | $20 | $96 | $1,008 | $84 |
| Traverse LS AWD | $270 | $328 | $324 | $20 | $96 | $1,038 | $87 |
| Traverse LT 2WD | $270 | $328 | $324 | $20 | $96 | $1,038 | $87 |
| Traverse LT AWD | $270 | $400 | $324 | $20 | $96 | $1,110 | $93 |
| Traverse LTZ 2WD | $270 | $400 | $324 | $20 | $96 | $1,110 | $93 |
| Traverse LTZ AWD | $270 | $400 | $324 | $20 | $96 | $1,110 | $93 |
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Prices do not factor in zip code location which can raise or lower prices noticeably.
Higher deductibles save money
One of the most common insurance questions is how low should you set your deductibles. The following tables can help illustrate how much more rates are when you buy lower versus higher deductibles. The first price estimate table uses a $250 physical damage deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Traverse LS 2WD | $294 | $408 | $324 | $20 | $96 | $1,167 | $97 |
| Traverse LS AWD | $332 | $408 | $324 | $20 | $96 | $1,205 | $100 |
| Traverse LT 2WD | $332 | $408 | $324 | $20 | $96 | $1,205 | $100 |
| Traverse LT AWD | $332 | $496 | $324 | $20 | $96 | $1,293 | $108 |
| Traverse LTZ 2WD | $332 | $496 | $324 | $20 | $96 | $1,293 | $108 |
| Traverse LTZ AWD | $332 | $496 | $324 | $20 | $96 | $1,293 | $108 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Traverse LS 2WD | $182 | $256 | $324 | $20 | $96 | $878 | $73 |
| Traverse LS AWD | $206 | $256 | $324 | $20 | $96 | $902 | $75 |
| Traverse LT 2WD | $206 | $256 | $324 | $20 | $96 | $902 | $75 |
| Traverse LT AWD | $206 | $312 | $324 | $20 | $96 | $958 | $80 |
| Traverse LTZ 2WD | $206 | $312 | $324 | $20 | $96 | $958 | $80 |
| Traverse LTZ AWD | $206 | $312 | $324 | $20 | $96 | $958 | $80 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Table data does not factor in vehicle garaging location which can modify premiums significantly.
We can estimate from the data above that using a $250 deductible costs about $27 more each month or $324 every year than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go at a minimum 28 months between claims, you would probably come out ahead if you elect the higher deductible.
How to determine when to raise deductibles
| Average monthly premium for $250 deductibles: | $104 |
| Average monthly premium for $1,000 deductibles (subtract): | – $77 |
| Monthly savings from raising deductible: | $27 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $27 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 28 months |
Does it make sense to buy full coverage?
The example below visualizes the comparison of Chevy Traverse insurance costs with full physical damage coverage and with liability coverage only. The prices are based on a clean driving record, no at-fault accidents, $250 deductibles, marital status is single, and no policy discounts are applied.
When to drop comprehensive and collision
There is no clear-cut formula of when to stop paying for comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let’s pretend your Chevy Traverse claim settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after you pay the deductible. If premiums are more than $200 a year for physical damage coverage, then it might be time to buy liability only.
There are some cases where only buying liability is not a good plan. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Get cheaper rates with discounts
Companies that sell car insurance do not advertise every policy discount in a way that’s easy to find, so the following is a list of both well-publicized and also the more inconspicuous credits available to bring down your rates.
- Senior Citizen Rates – If you qualify as a senior citizen, you could receive a small discount on rates.
- Anti-theft System – Cars and trucks equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and will qualify for a discount on a San Antonio auto insurance quote.
- Drive Safe and Save – Drivers who avoid accidents can get discounts for up to 45% lower rates than less cautious drivers.
- Savings for New Vehicles – Buying a new car model can be considerably cheaper because newer models have to meet stringent safety requirements.
- Government Employees – Active or former government employment may reduce rates when you quote San Antonio auto insurance with select insurance companies.
- First Accident Forgiveness – This one isn’t a discount, but some companies like State Farm, Progressive and GEICO will let one accident slide before they charge you more for coverage as long as you don’t have any claims for a particular time prior to the accident.
- Air Bag Discount – Vehicles equipped with air bags or automatic seat belts could see savings of more than 20%.
- E-sign – Some of the larger companies will give you a small discount for buying your policy on your computer.
- Multiple Policy Discount – If you can combine your auto and home policy and insure them with the same company you could get a discount of 10% to 20% off each policy.
- No Claim Discounts – Good drivers with no accidents pay much less as opposed to insureds who have frequent claims or accidents.
Policy discounts save money, but some of the credits will not apply to the overall cost of the policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. Even though it appears you could get a free insurance policy, it just doesn’t work that way.
The example below shows the comparison of Chevy Traverse car insurance costs with and without discounts applied to the policy rates. The costs are based on a male driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, safe-driver, claim-free, multi-policy, and homeowner discounts applied.
Companies that possibly offer these money-saving discounts include:
If you want inexpensive San Antonio auto insurance quotes, ask every prospective company which discounts you may be entitled to. Some of the earlier mentioned discounts might not be offered in San Antonio. If you would like to view companies who offer free Chevy Traverse insurance quotes in Texas, click this link.
How to know if you need help
When selecting a policy, there is no “best” method to buy coverage. Everyone’s needs are different so this has to be addressed. For example, these questions could help you determine whether your personal situation could use an agent’s help.
- Are rental cars covered under my policy?
- Should I pay a claim out-of-pocket?
- Is my business laptop covered if it gets stolen from my vehicle?
- Does coverage follow the driver or the vehicle?
- Do I have ACV or replacement cost coverage?
- If my car is totaled with they pay enough to replace it?
- Am I covered if my car is in a flood?
If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
Do I need a local insurance agent?
Some consumers prefer to talk to an insurance agent and that is just fine! Good agents can help you choose the best coverages and help file insurance claims. One of the great benefits of comparing insurance prices online is the fact that you can find cheap car insurance quotes and still buy from a local agent.
Once you complete this quick form, your coverage information is emailed to participating agents in San Antonio who can give free rate quotes and help you find cheaper coverage. It makes it easy because there is no need to contact any agents because prices are sent instantly to you. In the event you want to get a rate quote from a particular provider, you would need to find their quoting web page and fill out their quote form.
Picking an company shouldn’t rely on just a low price. Here are some questions to ask:
- Does the agent have professional designations like CIC, CPCU or AIC?
- Are there any discounts for paying up front?
- Will they take your side in the event of a claim?
- Are they in the agency full-time?
- Is the agency covered by Errors and Omissions coverage?
- Which company do they place the most coverage with?
- How long have they been in business?
Types of car insurance agents
When finding local San Antonio agents, you must know there are a couple types of agencies that differ in how they can insure your vehicles. Agencies in San Antonio are considered either independent agents or exclusive agents depending on their employer. Either can do a good job, but it’s important to know the differences since it may influence your selection of an agent.
Exclusive Insurance Agencies
Agents that elect to be exclusive can only write with one company and some examples include State Farm, Allstate, or Farmers Insurance. They generally cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. They are usually quite knowledgeable on their company’s products and that can be a competitive advantage. Some people will only buy from the same agent for years mainly due to the brand and the convenience of having a single billing for all their coverages.
Listed below is a list of exclusive insurance agents in San Antonio that can give you price quote information.
- Jacqui Lugar – State Farm Insurance Agent
1248 Austin Hwy Ste. 202 – San Antonio, TX 78209 – (210) 822-2121 – View Map - Ryan Meier – State Farm Insurance Agent
8015 Bandera Rd #102 – San Antonio, TX 78250 – (210) 680-6557 – View Map - Chuck Laubach – State Farm Insurance Agent
14425 Brook Hollow Blvd Suite 101 – San Antonio, TX 78232 – (210) 494-7695 – View Map
Independent Agents
These type of agents are not locked into one company and that enables them to quote your coverage through many different car insurance companies and find the cheapest car insurance rates. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to do anything. If you are comparing car insurance prices, you need to get rate quotes from a few independent agents to get the most accurate price comparison. Many can place coverage with smaller mutual companies who may have lower rates.
Listed below is a list of independent agents in San Antonio that are able to give rate quotes.
- Garcia Insurance Agency
1255 SW Military Dr – San Antonio, TX 78221 – (210) 593-8935 – View Map - Bapodra Insurance Agency, Inc
8607 Wurzbach Rd #101 – San Antonio, TX 78240 – (210) 696-1133 – View Map - Mesquite Insurance Agency
501 W Quincy St – San Antonio, TX 78212 – (210) 472-3034 – View Map
After receiving good answers to all your questions as well as an affordable premium quote, you’ve probably found an insurance agent that can properly service your car insurance policy. But keep in mind it’s your coverage and you can cancel coverage for any reason so don’t feel you are locked into any particular company for the entire policy term.
In Summary
When trying to cut insurance costs, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim that it was a big error on their part. Your goal should be to purchase plenty of coverage for the lowest cost, but do not sacrifice coverage to save money.
Lower-priced Chevy Traverse insurance in San Antonio can be found on the web in addition to many San Antonio insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who may not have the ability to get quotes online and many times these regional carriers only sell coverage through independent insurance agencies.
More learning opportunities
- Frontal Crash Tests (iihs.org)
- Who Has Affordable San Antonio Car Insurance Quotes for a Jeep Wrangler? (FAQ)
- Who Has Cheap San Antonio Auto Insurance for Safe Drivers? (FAQ)
- Who Has the Cheapest Car Insurance Rates for High Risk Drivers in San Antonio? (FAQ)
- Who Has Affordable San Antonio Auto Insurance Rates for a Toyota RAV4? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)