According to our analysis, you’ll spend an average of $134 per month or $1,608 per year to ensure a Chevrolet Equinox. Your exact cost is determined by your driving history, the number of miles you drive each year, your age and gender, and other considerations. Check out all of the factors that might change your Chevy Equinox insurance rates below. The popular Equinox is one of Chevrolet’s mid-priced vehicles, which helps to keep insurance premiums low. Its numerous safety features and little maintenance will also help you save money on insurance.
How to Compare Chevrolet Equinox Auto Insurance
When comparing insurance options for your Chevy Equinox, look beyond a specific provider to weigh:
- Price. Since this Chevy Equinox is a mid-priced vehicle, you may seek a happy medium between coverage options and premium cost.
- Deductibles. A higher deductible for your Equinox may save you money on insurance, but there is a catch: you must have the deductible amount on hand in case of an accident.
- Coverage. Examine to see whether your insurance meets your state’s minimum coverage requirements. Consider collision and comprehensive coverage if you have an upgraded trim package.
- Manufacturer Offers. Under the manufacturer’s five-year powertrain limited warranty, all-new Chevrolet Equinox cars are insured by Chevrolet’s free 24/7 roadside assistance and courtesy transportation service.
What factors affect car insurance for the Chevrolet Equinox?
The Chevrolet Equinox has been on the market since 2005 and is now in its third generation. The small SUV is well-known for its roomy cabin and comfortable ride. There were approximately 242,000 sales in the United States in 2016.
The newest Chevy Equinox models come in four trim packages, and the one that you select could affect your insurance rates.
- L-model Chevrolet Equinox Front-wheel drive is standard on this entry-level model. As a result, the L may cost more to insure than the LS, which has an all-wheel drive.
- Equinox LS by Chevrolet. The LS has few upgrade choices, but one essential one is to go from FWD to AWD, which may save you $200 to $300 per year on insurance.
- Equinox LT from Chevrolet. The LT also comes with FWD and AWD options, although both are equipped with high-intensity discharge (HID) front headlights and LED rear lights as standard. This trim package includes optional advanced driver assistance, which may qualify you for a discount with some insurance providers.
- Chevrolet Equinox Premier. The Premier package is available in both FWD and AWD configurations and contains a slew of luxury amenities, making it the most costly model to purchase and insure.
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Does the Chevrolet Equinox qualify for insurance discounts?
Yes. The base trim package includes standard features that might help you save money, such as:
- An antitheft alarm system
- Traction control
- Electronic stability control
If your Chevrolet Equinox is AWD and has driver assist technology, you may be eligible for insurance reductions.
Reliability and safety ratings for the Chevrolet Equinox
JD Power rates the Chevrolet Equinox 5 out of 5 stars for dependability, but just 2 out of 5 for the quality of the vehicle’s engine mechanics. The vast majority of internet reviews rate their Chevy Equinox as dependable, especially given its low price.
This car also has good safety ratings, with the National Highway Traffic Safety Administration (NHTSA) giving it a 4 out of 5 overall safety rating and the Insurance Institute for Highway Safety giving it a high grade (IIHS).
The 2018 Chevrolet Equinox, on the other hand, has three recalls for:
- There is a chance that a gasoline line has been compromised, which might lead to a fire.
- A broken drive shaft might cause a car rollaway and increase the danger of an accident.
- Driver and front passenger windows may have been incorrectly tempered, increasing the risk of harm if the glass is shattered.
Chevy Equinox maintenance
The Chevrolet Equinox is a compact SUV that is fuel efficient and generally less expensive to maintain than bigger SUVs, trucks, and premium sports cars. On basic maintenance like as oil changes, brake pad replacement, and new tires, expect to spend average to below-average prices.
Your Equinox should get up to 28 miles per gallon in the city and 39 miles per gallon on the highway, which is better than the national average of 23 miles per gallon for small vehicles.
Should you buy a Chevy Equinox?
In order to ensure your Chevrolet Equinox, you should expect to pay typical prices. If you have the AWD trim package and other safety features, you may pay less for insurance than you would for a 2WD vehicle without driver assistance. You may wind up saving more money in the long run if you have above-average fuel efficiency and modestly cost maintenance and repairs.
With so many companies vying for your business, compare auto insurance quotes from several carriers to get the greatest deal for your policy.
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