Buying affordable auto insurance for a Chevrolet Equinox doesn’t take a lot of effort, but it hinges on an enormous amount of rating factors such as how long your commute is, whether or not you garage your vehicle, and the level of deductible you choose. Drivers will pay on average $1,053 annually for Equinox insurance, but that is an approximation calculated based on a 40-year-old married female driver with full physical damage coverage and $1,000 deductibles.
The issue that arises when projecting rates is that it’s very likely that you aren’t exactly 40 years old or even a female, single instead of married, or you just prefer to insure for liability only. This shows why the only real way to find the most affordable coverage for your Chevrolet is to just take the time to compare rates yourself. It only takes a few minutes and you will receive price comparisons from top-rated companies around.
Your vehicle’s trim level impacts the cost of insurance, so the price to insure a Equinox LS 2WD trim level will be $86 cheaper than the insurance cost for the higher-priced Equinox LTZ AWD trim level, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$182||$354||$464||$28||$138||$1,166||$97|
|Equinox LT 2WD||$182||$354||$464||$28||$138||$1,166||$97|
|Equinox LS AWD||$182||$354||$464||$28||$138||$1,166||$97|
|Equinox LT AWD||$182||$354||$464||$28||$138||$1,166||$97|
|Equinox LTZ 2WD||$204||$418||$464||$28||$138||$1,252||$104|
|Equinox LTZ AWD||$204||$418||$464||$28||$138||$1,252||$104|
|Equinox LTZ AWD||$204||$418||$464||$28||$138||$1,252||$104|
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Premium amounts do not factor in San Francisco location which can lower or raise prices significantly.
Establishing which company offers the cheapest insurance rates for a Chevrolet Equinox calls for more work in order to find the most economical policy. Each insurer uses their own formula to establish rates, so we will examine the insurance companies with the overall best prices in California.
Best Auto Insurance Prices for Your Equinox
|Rank||Company||Cost Per Year|
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USAA generally has some of the best car insurance rates in San Francisco at around $1,143 per year. This is $508 less than the average rate paid by California drivers of $1,651. Century National, Wawanesa, CSAA, and Nationwide also qualify as some of the more affordable San Francisco, CA car insurance companies.
In this example, if you have coverage with Century National and switched to USAA, you might see an annual savings of upwards of $35. Drivers with Wawanesa could save as much as $38 a year, and CSAA policyholders might lower prices by up to $91 a year.
If you want to find out if you’re overpaying, click here to begin a quote or quote prices from the following companies.
These policy rates are averaged for all drivers and vehicles and do not factor in a vehicle location for a Chevrolet Equinox. So the insurer that has the cheapest rates for you may not even be in the list above. That’s why you need to get rate quotes from many companies using your own driver and vehicle profiles.
Get discount San Francisco auto insurance
Insurers that offer cheap quotes for a Chevrolet Equinox may additionally offer policy discounts that could lower prices by as much as 25% or more if you meet certain criteria. A few popular companies and their possible discounts are outlined below.
- State Farm may have discounts that include good driver, good student, student away at school, Steer Clear safe driver discount, and Drive Safe & Save.
- Farmers Insurance policyholders can earn discounts including alternative fuel, electronic funds transfer, pay in full, homeowner, and good student.
- GEICO has discounts for good student, federal employee, emergency military deployment, multi-policy, membership and employees, and seat belt use.
- American Family may include discounts for multi-vehicle, mySafetyValet, good driver, bundled insurance, and defensive driver.
- Nationwide includes discounts for family plan, easy pay, anti-theft, Farm Bureau membership, multi-policy, and good student.
- Progressive discounts include multi-policy, multi-vehicle, online signing, homeowner, online quote discount, and good student.
The example below illustrates the comparison of insurance costs with and without policy discounts. The premiums are based on a male driver, no accidents, no driving violations, California state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with anti-theft, claim-free, accident-free, homeowner, vehicle safety, and multiple vehicle discounts applied. With discounts applied, theamount saved on insurance for a Chevrolet Equinox is 28% or $614.
Don’t make the mistake of not shopping around
California insurance rates are impacted by many factors that may substantially change the cost of your policy. Getting older, buying a different vehicle, or getting into an accident may cause policy rate changes that may make certain companies more affordable than competitors.
Not only may your situation change, but insurers amend premium rates as needed to help ensure profitability. A period of higher than normal claims can cause additional price hikes, while lower claim expenses can cause more affordable Equinox insurance rates.
The bar chart below demonstrates which company has the cheapest car insurance in San Francisco, CA for a 40-year-old female driver with a clear driving record, no claims, and good financial standing. When comparing rates based on her current risk profile, USAA may have the best car insurance rates in San Francisco at $1,538 each year. This is $113 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the rest of the cheapest San Francisco, CA auto insurance companies.
The example below compares rates after we give the driver in the first example some claims, a lower credit rating, and an imperfect driving record. Since each company has their own formula to determining premium rates, analyzing rate quotes could now result in a completely different list of companies as shown below.
Grange now has the cheapest price in San Francisco with Allstate, GEICO, Mercury, and Progressive also being competitive. This illustrates why it is critical to compare rates to get the lowest car insurance rates for a Chevrolet Equinox. Car insurance prices are calculated by many factors and can increase or decrease at any time, so the cheapest rate when you bought your policy may now be quite expensive.