Buying economical insurance for a Chevrolet Equinox depends on lots of different factors such as your financial responsibility, whether or not you garage your vehicle, and any prior driving citations you have received. Drivers pay approximately $1,507 per year for Equinox insurance, but that figure is an estimation using a 30-year-old married female driver with full coverage and $100 deductibles.
The issue with using an average estimated rate is the likelihood you are not 30 and maybe not even a female, you might be single instead of married, or maybe you prefer liability limits higher than required by California state law. There is no one cookie-cutter policy that works for everyone, so the best way to find affordable rates for your Chevrolet is to put in the effort to do a thorough rate comparison. It takes less than five minutes and you will be able to see rates from the best companies around.
Vehicle trim level impacts the coverage cost, so the rate you pay to insure a Equinox LS 2WD trim level will be $168 cheaper than the cost to insure the higher-priced Equinox LTZ AWD version, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$368||$672||$450||$26||$134||$1,650||$138|
|Equinox LT 2WD||$368||$672||$450||$26||$134||$1,650||$138|
|Equinox LS AWD||$368||$672||$450||$26||$134||$1,650||$138|
|Equinox LT AWD||$368||$672||$450||$26||$134||$1,650||$138|
|Equinox LTZ 2WD||$416||$792||$450||$26||$134||$1,818||$152|
|Equinox LTZ AWD||$416||$792||$450||$26||$134||$1,818||$152|
|Equinox LTZ AWD||$416||$792||$450||$26||$134||$1,818||$152|
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Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Prices do not factor in Riverside location which can influence price quotes considerably.
Finding a highly-rated insurance provider can be rather challenging considering how many choices there are in Riverside. The information in the lists below may help you analyze which auto insurers to look at comparing rate quotes with.
These rankings are only comprised of companies that insure vehicles nationwide, so smaller companies are not included in the list. To check prices and find cheaper insurance for a Chevrolet Equinox, simply click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
Driving violations and accidents
The obvious way to earn affordable insurance prices for an Equinox is to drive attentively and maintain a clean driving record. The illustration below shows how traffic citations and at-fault accidents raise insurance prices for different age groups of insureds. The data is based on a married male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
In the chart above, the average cost of car insurance in California per year with no accidents or violations is $1,989. Receive one speeding ticket and the average cost swells to $2,289, an increase of $300 each year. Then add in one accident along with the one speeding ticket and the annual cost of insurance for a Chevrolet Equinox jumps again to an average of $3,127. That’s an increase of $1,138, or $95 per month, just for being a careless driver!
Why are you paying too much for Equinox insurance?
Riverside insurance rates are impacted by many factors which can substantially decrease or increase the policy premium. Turning one year older, increasing deductibles, or having a fender bender can trigger price changes that can now make some companies cheaper than before.
Not only that, but insurance companies modify pricing every year to adjust for heavy claims or excess profits. Significantly higher losses can cause rate hikes, while long-term profits may produce cheaper Equinox insurance rates.
The graph below shows the cheapest car insurance in Riverside, CA for a 30-year-old female driver with a clear driving record, no claims, and good credit. If we estimate rates based on her personal risk profile, USAA offers the lowest car insurance rates in Riverside at $1,318 each year. This is $333 less than the average policy premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide round out the rest of the cheapest Riverside, CA auto insurance companies.
Let’s now give the driver from the first set of rates an at-fault accident, poor credit, and a blemish on her driving record. Since each auto insurer has their own guidelines for determining rates, analyzing rates could now result in a different set of the cheapest car insurance companies in Riverside as shown below.
Grange now has the cheapest price in Riverside with Allstate, GEICO, Mercury, and Progressive completing the list. This shows why it is so important to spend some time comparing rates to get the best insurance quotes for a Chevrolet Equinox. Insurance rates are calculated by many different factors and can change without notice, so the most economical company two years ago may now be one of the higher cost companies.
If you aren’t sure which coverage you need and prefer to get some guidance when trying to find the best insurance rates for a Chevrolet Equinox, the agents listed below can aid you in deciding which auto insurance policy fits you best. To locate an agency nearest to you, click the link at the bottom.
6281 Brockton Ave # 2 – Riverside, CA 92506 – (951) 684-3624
Gary Echito – State Farm Insurance Agent
3239 Chicago Ave – Riverside, CA 92507 – (951) 684-8450
Mercury Insurance Agent – Quotes
3410 La Sierra Ave – Riverside, CA 92503 – (951) 732-7770
Del Smith Insurance Agency
1355 E Alessandro Blvd # 200 – Riverside, CA 92508 – (951) 653-2188
How to find cheaper car insurance for a Chevrolet Equinox
The list below summarizes some of the recommended penny-pinching ideas that can help you quote more affordable auto insurance.
- Home or renters coverage can save on auto insurance
- Improve your credit score
- Accidents can significantly increase rates
- Increase physical damage deductibles
- Too many claims can make car insurance unaffordable
- Do not get tickets
- Keep rates low by comparing prices once a year
The last idea is very necessary, as we hit on in the article above. Rates change frequently, so don’t be unwilling to change to a new company if a lower-cost policy is available. Many drivers have brand loyalty and that’s fine, but it isn’t a good idea if that inflexibility results in costing you a small fortune year after year. If you have a few minutes, compare rates and find cheaper auto insurance for a Chevrolet Equinox in Riverside.