Compare the Cost of Chevy Tahoe Insurance by Model Year and Company


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Updated: May 20, 2024

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Car insurance rates vary significantly based on the driver’s age and model year. For instance, a 16-year-old Chevy Tahoe driver will spend an average of $5,602 per year on a 2009 model for a full coverage policy, while a 40-year-old driver will spend just $1,210. For the 2022 model year, a 16-year-old will pay $6,803 annually, while a 40-year-old will pay $1,503.

To determine the best insurer for the Chevy Tahoe, MoneyGeek evaluated car insurance providers based on their combined scores in affordability, service quality and claims management.

MoneyGeek Logo IconCar Insurance CostsChevy Tahoe
2024

Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze average rates for a Chevy Tahoe.

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These rates were updated to reflect the average cost of car insurance for a Chevy Tahoe as of 2023.

10Companies Compared
 
41,832 Quotes Analyzed

Average Cost and Cheapest Companies for Insuring a Chevy Tahoe

The average cost of insuring a Chevy Tahoe is $1,406 per year, but the type of coverage and insurer you choose will affect your actual rate. For example, State Farm offers the cheapest full coverage policy for a Chevy Tahoe, at a yearly average of $1,096, while Farmers is the most expensive, at $1,587 per year.

State Farm also offers the cheapest option for a minimum coverage policy at $479 per year, while Farmers has the most expensive policy at $746 per year. MoneyGeek recommends comparing quotes to find the cheapest car insurance company for you.

Data filtered by:Results filtered by:
Age:
Age:40
Coverage:
Coverage:Full Coverage
State FarmAverage Annual Premium$1,096
GEICOAverage Annual Premium$1,216
TravelersAverage Annual Premium$1,315
NationwideAverage Annual Premium$1,322
ProgressiveAverage Annual Premium$1,540
AllstateAverage Annual Premium$1,584
FarmersAverage Annual Premium$1,587

Is a Chevy Tahoe Expensive to Insure?

Insurance companies look at several factors when pricing policies for different car models. Due to its status and value, providers typically charge a moderately expensive premium to insure a Chevy Tahoe. With a manufacturer's suggested retail price (MSRP) of $54,395 for the 2022 model year, the Tahoe is considered a high-value car. This designation makes it an attractive target for theft and generally more expensive to repair.

Best Companies for Insuring a Chevy Tahoe

While it may be tempting to choose the cheapest insurer, it’s also important to consider a company’s service and coverage options. The best car insurance provider balances affordability, quality service and claims experience. The best insurers for a Chevy Tahoe are:

  • State Farm: MoneyGeek score 90 out of 100 ($1,096 per year)
  • GEICO: MoneyGeek score 87 out of 100 ($1,216 per year)

State Farm ranks first for affordability and second for customer satisfaction, making it the best overall provider for a Chevy Tahoe.

MoneyGeek Top Pick: State Farm

State Farm

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Offers the most affordable premium for a Chevy Tahoe at $1,096 per year

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Ranks highly in customer satisfaction

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Offers Roadside Assistance coverage

cons

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Below average claims experience score

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Lacks New Car Replacement coverage

COMPANY HIGHLIGHTS

Of the insurers MoneyGeek analyzed, State Farm offers the most affordable premiums for the Chevy Tahoe and earns a high score in customer satisfaction.

Chevy Tahoe drivers may benefit from State Farm’s Roadside Assistance add-on, which covers up to one hour of mechanical labor if your vehicle breaks down. It also includes the delivery of gas, oil, battery or tires, a tow to the nearest mechanic, and locksmith labor for up to one hour to unlock a covered car if its key is lost, stolen or locked inside.

State Farm offers several discounts when you install safety devices in your car, such as anti-lock brakes, anti-theft systems and airbags. You can also save money with this insurer by installing daytime running lamps on your Chevy Tahoe.

Read MoneyGeek's State Farm Auto Insurance Review

MoneyGeek Runner-Up: GEICO

GEICO

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Ranks second for affordability for a Chevy Tahoe

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Ranks highly in customer satisfaction

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Offers valuable coverages, including Mechanical Breakdown Insurance (MBI) and Accident Forgiveness

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Low claims experience score

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Lacks Original Equipment Manufacturer (OEM) coverage

COMPANY HIGHLIGHTS

Aside from providing low-cost premiums, GEICO earned high marks for customer satisfaction. The company offers Mechanical Breakdown Insurance (MBI), which provides extra coverage at a lower cost than a conventional dealer-extended warranty. It includes all components and systems for more comprehensive protection of your Chevy Tahoe. MBI is available for new or leased vehicles less than 15-months-old and driven for less than 15,000 miles.

You may also buy or earn GEICO's Accident Forgiveness coverage in all states except California, Connecticut and Massachusetts. With Accident Forgiveness, your insurance premium will not increase after your first at-fault accident. You can earn this coverage if you're over 21 and have been accident-free for five years or more.

Read MoneyGeek's GEICO Auto Insurance Review

Cost of Insuring a Chevy Tahoe by Model Year

The average cost of insuring a 2009 Chevy Tahoe is approximately $1,210 for a full coverage policy, while the average cost of insuring a 2022 Chevy Tahoe is $1,503. That’s a difference of $293 a year. As cars age, their value depreciates, so insurance companies typically charge higher premiums for newer cars.

Data filtered by:Results filtered by:
Age:
Age:40
Coverage:
Coverage:Full Coverage
2022Average Annual Premium$1,503
2021Average Annual Premium$1,477
2020Average Annual Premium$1,451
2019Average Annual Premium$1,481
2018Average Annual Premium$1,485
2017Average Annual Premium$1,426
2016Average Annual Premium$1,422
2015Average Annual Premium$1,392
2014Average Annual Premium$1,318
2013Average Annual Premium$1,301
2012Average Annual Premium$1,257
2011Average Annual Premium$1,213
2010Average Annual Premium$1,224
2009Average Annual Premium$1,210

The model year of your car and your choice of insurer will affect the average cost of car insurance. The cheapest company for the 2009 Chevy Tahoe is State Farm, offering an average rate of $906 per year for a full coverage policy. State Farm is also the cheapest company for the 2022 Chevy Tahoe, at an average rate of $1,229 annually.

Data filtered by:Results filtered by:
Model Year:
Model Year:2022
Age:
Age:40
Coverage:
Coverage:Full Coverage
State FarmAverage Annual Premium$1,229
NationwideAverage Annual Premium$1,234
GEICOAverage Annual Premium$1,375
TravelersAverage Annual Premium$1,398
FarmersAverage Annual Premium$1,725
ProgressiveAverage Annual Premium$1,768
AllstateAverage Annual Premium$1,943

Cost of Insuring a Chevy Tahoe for 16- to 25-Year-Olds

Car insurance for a teen driving a Chevy Tahoe is significantly more expensive than insurance for a 40-year-old due to their perceived risk to insurers. On average, full coverage insurance on a Chevy Tahoe for a 16-year-old driver costs $6,269 annually, while a 40-year-old driver pays $1,369. As teen drivers age, insurance costs decrease, and when drivers enter their 20s, rates tend to stabilize as they gain more experience.

Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
16Average Annual Premium$6,269
17Average Annual Premium$5,101
18Average Annual Premium$4,472
19Average Annual Premium$3,099
20Average Annual Premium$2,805
21Average Annual Premium$2,162
22Average Annual Premium$1,999
23Average Annual Premium$1,857
24Average Annual Premium$1,763
25Average Annual Premium$1,590

The cheapest way to insure a 16-year-old driving a Chevy Tahoe is to include them on a family plan, as individual policies can be significantly more expensive. State Farm is the cheapest insurer for a 16-year-old driving a 2022 Chevy Tahoe, at an average rate of $3,926 per year for a full coverage policy.

On the other end of the spectrum, the most expensive insurer for a 16-year-old driving a Chevy Tahoe is Progressive, at an average annual rate of $9,542. We recommend shopping around to get the most affordable car insurance for teens.

Data filtered by:Results filtered by:
Age:
Age:16
Model Year:
Model Year:2022
Coverage:
Coverage:Full Coverage
State FarmAverage Annual Premium$3,926
NationwideAverage Annual Premium$4,838
TravelersAverage Annual Premium$5,556
GEICOAverage Annual Premium$6,511
FarmersAverage Annual Premium$8,667
AllstateAverage Annual Premium$8,918
ProgressiveAverage Annual Premium$9,542

How Does Location Affect the Cost of Chevy Tahoe Insurance?

The model type, year and driver age are all critical factors that impact your insurance rates, but location can be even more important. The cheapest car insurance company for any car can vary significantly from state to state, with Idaho being the cheapest state for premiums and New York being the most expensive. It's best to get quotes from the most affordable insurers in your state to get the best coverage at the lowest cost.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
AlabamaCheapest CompanyNationwideAnnual Premium$709Monthly Premium$59
AlaskaCheapest CompanyState FarmAnnual Premium$699Monthly Premium$58
ArizonaCheapest CompanyRoot Insurance CompanyAnnual Premium$682Monthly Premium$57
ArkansasCheapest CompanyState FarmAnnual Premium$629Monthly Premium$52
CaliforniaCheapest CompanyAAA CaliforniaAnnual Premium$1,001Monthly Premium$83
ColoradoCheapest CompanyAmerican National P&CAnnual Premium$541Monthly Premium$45
ConnecticutCheapest CompanyGEICOAnnual Premium$693Monthly Premium$58
DelawareCheapest CompanyState FarmAnnual Premium$881Monthly Premium$73

Frequently Asked Questions About Chevy Tahoe Insurance

Drivers shopping for a Chevy Tahoe auto insurance policy are often concerned about cost and coverage quality. MoneyGeek answered the most common questions to help you find the right policy for your needs.

What company has the cheapest car insurance for a Chevy Tahoe?
What company offers the best car insurance for a Chevy Tahoe?

About Mark Fitzpatrick


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Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.