Finding the cheapest car insurance for a Chevrolet Equinox depends on many different factors such as your age, if you have prior claims, and your choice of physical damage deductibles. Texas drivers will pay on average $891 annually to insure their Equinox, but that figure is based upon a 40-year-old married male driver with full coverage and $1,000 deductibles.
The problem with using this number is the good chance you are not 40 and maybe not even a male, possibly single instead of married, or maybe you prefer liability limits higher than required by Texas state law. Having the smallest difference in rating factors or requested coverage amount can make a large difference in the policy cost.
Every driver’s needs are different, and that is why the best method for finding cheap insurance rates for your Chevrolet is to compare rates from as many companies as possible. Quotes are free and you can get prices from some of the best companies in Texas.
Vehicle trim level will most likely have an effect on the yearly cost, so the cost to insure a Equinox LS 2WD trim level will be $70 less than the insurance cost for the higher-priced Equinox LTZ AWD trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$166||$288||$392||$24||$118||$988||$82|
|Equinox LT 2WD||$166||$288||$392||$24||$118||$988||$82|
|Equinox LS AWD||$166||$288||$392||$24||$118||$988||$82|
|Equinox LT AWD||$166||$288||$392||$24||$118||$988||$82|
|Equinox LTZ 2WD||$186||$338||$392||$24||$118||$1,058||$88|
|Equinox LTZ AWD||$186||$338||$392||$24||$118||$1,058||$88|
|Equinox LTZ AWD||$186||$338||$392||$24||$118||$1,058||$88|
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Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Table data does not factor in Corpus Christi location which can lower or raise coverage rates noticeably.
Insuring your vehicle with a good quality insurance provider can be a challenge considering how many different companies insure vehicles in Texas. The ranking data in the next section can help you analyze which companies you want to consider when insurance shopping for a Chevrolet Equinox.
The rankings below include the largest companies in America, so companies that have a smaller presence are not taken into consideration for the list. To check rates from the most competitive companies in Texas, simply click here.
Top 10 Major Auto Insurers in Corpus Christi Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Poor driving habits will raise your auto insurance rates
The easiest method to earn the best auto insurance premiums in Texas for an Equinox is to drive safely and avoid accidents and traffic violations. The chart below shows how speeding tickets and at-fault accidents drive up insurance premiums for different age groups of insureds. The data assumes a single female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of a car insurance policy in Corpus Christi per year with no accidents and a clean driving record is $2,022. Add in two speeding tickets and the average cost surges to $2,705, an increase of $683 each year. Now get two accidents along with the two speeding tickets and the annual cost of auto insurance for a Chevrolet Equinox jumps again to an average of $5,370. That’s an increase of $3,348, or $279 per month, just for being a less-than-perfect driver!
The information below demonstrates how choosing different deductibles can affect insurance costs when getting quotes for cheap insurance for a Chevrolet Equinox. The data is based on a married male driver, comprehensive and collision coverage, and no policy discounts are applied.
In the chart above, a 30-year-old driver could cut expenses by $352 a year by switching from a $100 deductible to a $500 deductible, or save $534 by selecting a $1,000 deductible. Youthful drivers, like the 20-year-old example, could save $1,060 annually just by choosing higher deductibles.
When insureds make the decision to increase the deductibles on their policy, it is essential to have enough savings to allow you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
How to get discounts on Corpus Christi insurance
Auto insurance companies that provide coverage for a Chevrolet Equinox may provide special discounts that could reduce prices by 35% or more if you are eligible to receive them. The best auto insurance companies and their possible discounts include:
- State Farm has discounts for defensive driving training, student away at school, driver’s education, Steer Clear safe driver discount, passive restraint, and multiple autos.
- Farmers Insurance offers discounts including mature driver, business and professional, switch companies, early shopping, youthful driver, and teen driver.
- Progressive may offer discounts for homeowner, good student, online signing, multi-vehicle, and multi-policy.
- GEICO discounts include emergency military deployment, multi-vehicle, defensive driver, anti-lock brakes, driver training, and air bags.
- Auto-Owners Insurance includes discounts for multi-policy, safe driver, air bags, anti-lock brakes, anti-theft, and company car.
- The Hartford offers discounts for vehicle fuel type, bundle, defensive driver, air bag, anti-theft, and good student.
- Farm Bureau may have discounts that include safe driver, renewal discount, good student, youthful driver, 55 and retired, and multi-vehicle.
- USAA has savings for driver training, family discount, safe driver, loyalty savings, defensive driver, military installation, and good student.
The information below illustrates the difference between insurance costs with and without discounts applied to the policy premium. The premiums are based on a male driver, no accidents, no driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with vehicle safety, homeowner, multiple policy, anti-theft, passive restraint, and safe-driver discounts applied. When taking advantage of discounts, the average savings per year on auto insurance for a Chevrolet Equinox is 28% or $715.