Buying competitive car insurance for a Chevrolet Equinox relies on an enormous amount of factors such as annual miles driven, the likelihood of vehicle theft, and citations or violations on your driving record. California drivers pay approximately $1,530 each year to insure their Equinox, but that price is an estimate calculated using a 50-year-old single female driver with full coverage and $100 deductibles.
But there is a high likelihood that you’re not a 50-year-old female, possibly married instead of single, and you may just want the cheapest liability coverage you can find. This example demonstrates why the only real way to find the cheapest coverage for your Chevrolet is to just take the time to compare rates yourself.
Insure Your Chevrolet for Less
Vehicle trim level will influence the annual cost of coverage, so the price you will pay to insure a Equinox LS 2WD trim level will be $164 lower than the cost to insure the higher-priced Equinox LTZ AWD version, as shown by the rates below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $326 | $672 | $500 | $30 | $150 | $1,678 | $140 |
| Equinox LT 2WD | $326 | $672 | $500 | $30 | $150 | $1,678 | $140 |
| Equinox LS AWD | $326 | $672 | $500 | $30 | $150 | $1,678 | $140 |
| Equinox LT AWD | $326 | $672 | $500 | $30 | $150 | $1,678 | $140 |
| Equinox LTZ 2WD | $370 | $792 | $500 | $30 | $150 | $1,842 | $154 |
| Equinox LTZ AWD | $370 | $792 | $500 | $30 | $150 | $1,842 | $154 |
| Equinox LTZ AWD | $370 | $792 | $500 | $30 | $150 | $1,842 | $154 |
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Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Rates do not factor in garaging location in San Diego which can decrease or increase price quotes greatly.
Trying to buy cheap car insurance is easier said than done, and figuring out which company has the cheapest auto insurance rates for a Chevrolet Equinox will require even more rate comparisons.
Every auto insurer uses a little different formula for determining prices, so let’s take a look at the lowest cost auto insurance companies in San Diego, CA. We do need to point out that San Diego auto insurance rates are influenced by many factors that may substantially change the cost of a policy. Improving your credit score, filing a claim, or having an accident may prompt premium changes that may make certain companies higher-priced than the competition.
Find Cheaper Auto Insurance for Your Equinox
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,121 |
| 2 | Century National | $1,178 |
| 3 | Wawanesa | $1,181 |
| 4 | CSAA | $1,186 |
| 5 | Nationwide | $1,226 |
| 6 | 21st Century | $1,366 |
| 7 | Grange | $1,477 |
| 8 | Mercury | $1,503 |
| 9 | GEICO | $1,513 |
| 10 | Progressive | $1,542 |
| 11 | Allstate | $1,559 |
| 12 | The Hartford | $1,575 |
| 13 | Allied | $1,603 |
| 14 | MetLife | $1,638 |
| 15 | Unitrin | $1,682 |
| 16 | State Farm | $1,750 |
| 17 | Esurance | $1,756 |
| 18 | Travelers | $1,788 |
| 19 | Bristol West | $1,795 |
| 20 | Farmers | $2,026 |
| View More Rates Go | ||
USAA offers some of the cheapest car insurance rates in San Diego at around $1,121 each year. Century National, Wawanesa, CSAA, and Nationwide would also make the list of some of the best San Diego, CA car insurance companies.
As shown in the rates above, if you are a policyholder with Nationwide and switched to Century National, you might achieve a yearly savings of about $48. Customers with 21st Century could save as much as $188 a year, and Grange insureds might reduce prices by as much as $299 a year.
It’s important to note that these rates are averaged for all drivers and vehicles and and are not calculated with a specific vehicle garaging location for a Chevrolet Equinox. So the company that fits your situation best may not even be in the top 24 companies shown above. That affirms the importance of why you need to compare rates from as many companies as possible using your own driver and vehicle profiles.
How accidents and violations affect rates
One of the best ways to receive affordable auto insurance rates in California for an Equinox is to be a safe driver and avoid accidents and traffic violations. The diagram below demonstrates how citations and at-fault accidents impact car insurance rates for different age groups. The premiums assume a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
The chart shows that the average cost of car insurance in San Diego per year with no violations or accidents is $2,188. Get written up for one speeding ticket and the average cost rises to $2,470, an increase of $282 each year. Next add two accidents along with the one speeding ticket and the 12-month cost of auto insurance for a Chevrolet Equinox goes up to an average of $5,122. That’s an increase of $2,934, or $245 per month, just for not driving carefully!
Liability rates compared to full coverage
Reducing the cost of auto insurance should be important to the majority of drivers, and one of the fastest ways to find cheaper insurance for a Chevrolet Equinox is to not insure for full coverage. The illustration below compares insurance premiums with and without physical damage coverage. The premiums assume no claims or violations, $100 deductibles, single status, and no other discounts are factored in.
If averaged out across all ages, physical damage coverage costs $3,285 per year more than buying just liability insurance. Many of you may wonder if buying full coverage is worth the expense. There is no specific rule of when to stop paying for physical damage insurance, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.
There are a few situations where buying only liability insurance is not a good idea. If you still have a lienholder on your title, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not remove full coverage.
The agents shown below are willing to answer your questions and help you decide which auto insurance coverages would be the best in your situation, since lots of people like to get help from a professional when comparing insurance rates for an Equinox. It can be complicated to find the best coverage yourself, so agents can bring peace of mind knowing you have sufficient coverage for your assets. To find a San Diego insurance agency nearest to you, click the button below the list.
Dave Murphy – State Farm Insurance Agent
12121 Scripps Summit Dr Ste 100 – San Diego, CA 92131 – (858) 621-6681
Kostyo Insurance Agency
4456 Vandever Ave #10 – San Diego, CA 92120 – (619) 325-3600
David Hiser – State Farm Insurance Agent
910 Grand Ave #205 – San Diego, CA 92109 – (858) 272-2343
More San Diego, CA insurance agents
How to find economical auto insurance for a Chevrolet Equinox
Here are a few thrifty solutions that can help you find lower-cost coverage.
- Get cheaper liability coverage by choosing a safer vehicle
- Violations and traffic tickets increase rates
- Pay for smaller claims out-of-pocket
- Multi-policy discounts save money
- Avoid having at-fault accidents
- Compare rates regularly and switch companies to save money
The last tip in the list is especially vital, as we hit on in the prior information. Car insurance rates adjust frequently, so drivers shouldn’t hesitate to switch carriers if you find a better deal. Staying with the same company for years is fine, but it’s not a great idea if that stubbornness costs you several hundred dollars every year. Spend a few minutes and compare prices to find cheaper auto insurance for a Chevrolet Equinox in San Diego.