If you're trying to find lower-priced insurance online, are you overwhelmed by the number of auto insurance sources that you can choose from? Hawaii vehicle owners have so many sources available that it can turn into a difficult situation to find the lowest price for Chevy Traverse insurance in Honolulu. If you live there, you know that Honolulu is a wonderful place to live, but expensive auto insurance rates can make it hard for many residents to buy full coverage.

Discount Chevy Traverse insuranceUnfortunately, over 70% of consumers renewed their policy with the same company for four years or more, and about 40% of consumers have never compared rate quotes at all. Honolulu consumers could cut their rates by as much as $400 a year just by shopping around, but they just don't understand how easy it is to save money by comparing rate quotes.

Affordable auto insurance in Honolulu, HI

The companies shown below offer price quotes in Honolulu, HI. If more than one company is shown, we suggest you click on several of them to get the lowest price.

Chevrolet Traverse Insurance Estimates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $196 $332 $236 $14 $70 $848 $71
Traverse LS AWD $258 $338 $226 $14 $68 $904 $75
Traverse LT 2WD $222 $332 $254 $16 $76 $900 $75
Traverse LT AWD $256 $424 $304 $18 $90 $1,092 $91
Traverse LTZ 2WD $224 $338 $230 $14 $68 $874 $73
Traverse LTZ AWD $246 $464 $292 $18 $88 $1,108 $92
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Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Price information does not factor in zip code location which can alter coverage prices greatly.

Car insurance deductibles

A question often asked by Honolulu drivers is where to set your physical damage deductibles. The tables below can help show the costs and benefits when you buy lower versus higher physical damage coverage deductibles. The first set of prices uses a $250 physical damage coverage deductible and the second set of rates uses a $500 deductible.

Chevrolet Traverse insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $204 $284 $226 $14 $68 $821 $68
Traverse LS AWD $230 $284 $226 $14 $68 $847 $71
Traverse LT 2WD $230 $284 $226 $14 $68 $847 $71
Traverse LT AWD $230 $344 $226 $14 $68 $907 $76
Traverse LTZ 2WD $230 $344 $226 $14 $68 $907 $76
Traverse LTZ AWD $230 $344 $226 $14 $68 $907 $76
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Chevrolet Traverse insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Traverse LS 2WD $166 $228 $226 $14 $68 $702 $59
Traverse LS AWD $188 $228 $226 $14 $68 $724 $60
Traverse LT 2WD $188 $228 $226 $14 $68 $724 $60
Traverse LT AWD $188 $278 $226 $14 $68 $774 $65
Traverse LTZ 2WD $188 $278 $226 $14 $68 $774 $65
Traverse LTZ AWD $188 $278 $226 $14 $68 $774 $65
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Premium amounts do not factor in garaging location in Honolulu which can impact insurance rates considerably.

Using the data above, we can ascertain that using a $250 deductible would cost the average driver about $11 more each month or $132 annually than selecting the higher $500 deductible. Because you would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at least 23 months between claims, you would probably save some money if you choose the higher deductible. The numbers below show a better example of how you can come to your own conclusion.

Average monthly premium for $250 deductibles: $73
Average monthly premium for $500 deductibles (subtract): - $62
Monthly savings from raising deductible: $11
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $11
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

An important sidenote is that a higher deductible level results in having to pay to pay more out-of-pocket if you have a claim. You need enough savings in order to pay the higher deductible.

How accidents and tickets impact rates

The chart below illustrates how violations and fender-benders can raise Chevrolet Traverse insurance prices for each age group. The data is based on a married male driver, full coverage, $1,000 deductibles, and no discounts are factored in.

Don't overlook these six Chevy Traverse insurance discounts

Insurance is neither fun to buy or cheap, but there may be some discounts that could help you make your next renewal payment. A few discounts will be applied when you complete an application, but occasionally some discounts must be requested specifically before being credited.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to your bottom line cost. A few only apply to the cost of specific coverages such as comprehensive or collision. Even though it may seem like it's possible to get free car insurance, nobody gets a free ride.

Popular insurance companies and their offered discounts can be found below.

If you need low cost Honolulu car insurance quotes, ask each company or agent which discounts you qualify for. Discounts may not apply in every state. If you would like to see a list of insurers that can offer you the previously mentioned discounts in Hawaii, click here.

Can't I compare rates from local Honolulu insurance agencies?

A lot of people prefer to sit down with an agent and often times that is recommended One of the benefits of getting free rate quotes online is you may find the lowest rates but still work with a licensed agent. Putting coverage with local agents is especially important in Honolulu.

Find insurance agent in HonoluluBy using this simple form, the quote information gets sent to local insurance agents that can provide free Honolulu car insurance quotes to get your business. It makes it easy because there is no need to leave your computer since price quotes are sent straight to your inbox. You can find lower rates AND a local agent. If you need to get a comparison quote from a particular provider, you can always navigate to their website and give them your coverage information.

Choosing an insurer should include more criteria than just a cheap quote. Any agent in Honolulu should be forthright in answering these questions:

Specifics of your auto insurance policy

Understanding the coverages of your auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision coverage - Collision insurance pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as scraping a guard rail, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible on your Traverse to save money on collision insurance.

Medical expense coverage - Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for rehabilitation expenses, hospital visits and nursing services. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive protection - Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like a broken windshield, damage from a tornado or hurricane, falling objects and vandalism. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle's value is low consider dropping full coverage.

Uninsured or underinsured coverage - Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your Chevy Traverse.

Since many Hawaii drivers carry very low liability coverage limits (Hawaii limits are 20/40/10), it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these coverages are identical to your policy's liability coverage.

Coverage for liability - This protects you from damage that occurs to other's property or people in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 20/40/10 that means you have $20,000 in coverage for each person's injuries, a per accident bodily injury limit of $40,000, and $10,000 of coverage for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as structural damage, court costs and repair costs for stationary objects. How much liability should you purchase? That is your choice, but buy as much as you can afford. Hawaii state minimum liability requirements are 20/40/10 but you should consider buying better liability coverage.

Cheap car insurance rates are out there

When getting Honolulu car insurance quotes online, never buy less coverage just to save a little money. In many cases, consumers will sacrifice physical damage coverage and learned later that the savings was not a smart move. Your aim should be to buy enough coverage at an affordable rate, but do not sacrifice coverage to save money.

Drivers change insurance companies for many reasons like denial of a claim, poor customer service, high prices and even lack of trust in their agent. Regardless of your reason, switching companies can be easy and end up saving you some money.

We covered many tips how you can shop for Chevy Traverse insurance online. The most important thing to understand is the more you quote Honolulu car insurance, the more likely it is that you will get a better rate. You may even discover the biggest savings come from some of the lesser-known companies.

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