Buying the cheapest coverage for a Chevrolet Equinox hinges on many factors such as whether you are married or single, the condition of your credit, and the deductible amount you use. Drivers in Colorado pay on average $966 a year for Equinox insurance, but that amount is an approximation using a 30-year-old married female driver with full comprehensive and collision coverage and $500 deductibles.
Most likely you are not 30 and maybe not even a female, single instead of married, and you might want liability-only or different deductibles. There is no perfect policy for every driver, so the best way to find affordable rates for your Chevrolet is to do the rate comparisons yourself. Compare rate quotes now and you will be able to see rates from the cheapest companies in Colorado.
The specific model of Equinox tends to impact the insurance rate, so the cost to insure a Equinox LS 2WD model will be $92 cheaper than the cost to insure the more expensive Equinox LTZ AWD model, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$214||$362||$358||$22||$108||$1,064||$89|
|Equinox LT 2WD||$214||$362||$358||$22||$108||$1,064||$89|
|Equinox LS AWD||$214||$362||$358||$22||$108||$1,064||$89|
|Equinox LT AWD||$214||$362||$358||$22||$108||$1,064||$89|
|Equinox LTZ 2WD||$242||$426||$358||$22||$108||$1,156||$96|
|Equinox LTZ AWD||$242||$426||$358||$22||$108||$1,156||$96|
|Equinox LTZ AWD||$242||$426||$358||$22||$108||$1,156||$96|
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Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in vehicle garaging location which can change coverage rates considerably.
Ending up with the right insurance provider can be a challenge considering how many choices drivers have in Colorado Springs. The company information in the lists below could help you choose which companies you want to consider when comparing rate quotes.
These ratings only include companies that insure vehicles nationwide, so companies that have a smaller presence are not included in this list. To compare rates from these top-rated insurers and more, simply click here.
Top 10 Large Auto Insurance Providers in Colorado Springs Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- AAA Insurance
- State Farm
Top 10 Large Auto Insurance Providers in Colorado Springs Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Progressive – A+
- Titan Insurance – A+
- The Hartford – A+
The diagram below demonstrates how choosing different deductibles can influence insurance premiums when researching cheap insurance for a Chevrolet Equinox. The premiums are based on a single female driver, full physical damage coverage, and no discounts are applied.
In the chart above, a 40-year-old driver could reduce rates by $388 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $586 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old category, could reduce their rates as much as $990 or more by choosing a higher deductible.
If you do decide to increase your deductibles, it will be necessary to have enough funds in savings to allow you to cover the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
Who has the cheapest Equinox insurance?
Colorado Springs car insurance rates are influenced by many factors that control your annual premium. Simply improving your credit, having a teen driver, or having a fender bender may prompt premium changes that may make certain companies more affordable than before.
Not only that, but companies file new Colorado auto insurance rates as needed to adjust for gains or losses. A period of increased losses may cause rate increases, while profitable underwriting may cause lower-priced Equinox insurance rates.
The graph below compares the cheapest car insurance in Colorado Springs, CO for a 30-year-old male driver with no prior claims, no tickets, and a good credit rating. If we estimate prices based on his current risk profile, The Hartford might offer the cheapest car insurance rates in Colorado Springs at $1,001 annually. This is $577 less than the average premium paid by Colorado drivers of $1,578. Grange, USAA, GEICO, and Nationwide are also included in the cheapest Colorado Springs, CO auto insurance companies.
Now we will give the driver from the first rate comparison a claim or two, poor credit, and a few traffic violations. Because each insurer has a unique formula for filing rates in each state, comparing insurance quotes may now result in a new list of affordable Colorado Springs car insurance companies as shown below.
Travelers now has the cheapest auto insurance in Colorado Springs with State Farm, American Family, Progressive, and USAA now being in the top five. This example demonstrates why it is critical to perform an extensive rate comparison to find cheap auto insurance quotes for a Chevrolet Equinox.
Insurance rates are determined by many risk factors and can decrease or increase without notice, so the most economical company three years ago may now not even be in the top five.
If you wish to have a professional recommendation when trying to find lower insurance rates for an Equinox, the agencies below are willing to help you make a decision which car insurance company is the best fit.
To locate a Colorado Springs auto insurance agent using an interactive map, click the button at the bottom of the list.
- John Hall – State Farm Insurance Agent
1614 Academy Blvd N b – Colorado Springs, CO 80909 – (719) 596-1414
- Lee Ann Moore – State Farm Insurance Agent
3649 Star Ranch Rd – Colorado Springs, CO 80906 – (719) 540-9520
- Connie Slater – State Farm Insurance Agent
5731 Silverstone Terrace #120 – Colorado Springs, CO 80919 – (719) 268-9003
- Larry Lucero – State Farm Insurance Agent
5225 Academy Blvd N #108 – Colorado Springs, CO 80918 – (719) 599-8661
How to find budget-friendly insurance for a Chevrolet Equinox
The list below summarizes many thrifty suggestions that can help Colorado drivers quote low-cost coverage.
- Save money by observing traffic laws and speed limits
- Earn a discount by not filing claims
- Drive a car with a high safety rating
- Buying home and auto together can help save money
- Avoid having at-fault accidents
- Shop your coverage around for the best deal
The last item on the list is notably necessary, as was affirmed in this piece. Rates fluctuate considerably, so don’t be tentative to switch companies if a more affordable price is available. Many consumers stick with the same company and that’s fine, but it’s not recommended if that faithfulness ends up costing you big bucks every year. In just a couple of minutes you could compare rates to find cheaper auto insurance for a Chevrolet Equinox in Colorado Springs.