Chevy Equinox Insurance Rates

According to our research, you’ll spend an average of $134 per month or $1,608 per year on Chevy Equinox insurance rates. Your exact cost is determined by your driving history, the number of miles you drive each year, your age and gender, and other considerations. 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 insurance for the Chevrolet Equinox

Chevy Insurance Rates - Chevrolet Logo

When evaluating insurance choices for your Chevy Equinox, consider the following factors in addition to a specific provider:

  • Price. So because Chevy Equinox is a mid-priced vehicle, you may want to find a happy medium between coverage options and premium cost.
  • Deductibles. A larger deductible for your Equinox might save you money on insurance, but there’s a catch: you’ll need the deductible amount on hand in case of an accident.
  • Coverage. Check 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 protected 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 latest Chevy Equinox vehicles are available in four trim packages, and the one you choose may influence your insurance premiums.

  • Chevrolet Equinox L. This base model comes standard with front-wheel drive. And so you might pay more to insure the L than the LS, which offers an all-wheel-drive option.
  • Chevrolet Equinox LS. The LS offers limited upgrade options, but an important one is from FWD to AWD, which could save you $200 to $300 a year on insurance.
  • Chevrolet Equinox LT. The LT is also available in FWD and AWD configurations, although both come standard with high-intensity discharge (HID) front headlights and LED rear lights. 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.

Does the Chevy Equinox insurance qualify for discounts?

Yes. The base trim package comes equipped with standard features that could help you save, including:

  • Airbags
  • An antitheft alarm system
  • Traction control
  • Electronic stability control

Your Chevrolet Equinox could qualify for insurance discounts if it’s an AWD model and includes driver assist technology.

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).

However, there are three recalls on the 2018 Chevrolet Equinox for:

  • Possibility of a damaged fuel line, which could result in fire.
  • Possibility of a fractured driveshaft, which could cause a vehicle rollaway and increase the risk of collision.
  • Potentially improperly tempered driver and front passenger windows, which could increase the risk of injury if the glass is broken.

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 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.

For more rates and reviews, check out our Chevy Trailblazer Insurance Rates.