Compare Chevrolet Equinox insurance rates

Chevy Equinox insurance rates

We pulled Chevrolet Equinox car insurance quotes from top insurance companies to find that the average monthly cost to insure a 2021 Chevrolet Equinox is $188.93. However, an older model may score you lower rates.

How to compare insurance for the Chevrolet Equinox

When comparing insurance options for your Chevy Equinox, look beyond a specific provider to weigh:

• Price. The Chevy Equinox is a midrange car, so you might look for a happy medium between coverage options and the cost of your premium.
• Deductibles. A higher deductible for your Equinox could shave money off your insurance payment, but with a tradeoff: You’ll need the amount of your deductible on hand in case of an accident.
• Coverage. Make sure your policy covers your state’s minimum coverage requirements. If you have an upgraded trim package, consider collision and comprehensive coverage.
• Warranty. All new Chevrolet Equinox vehicles under the manufacturer’s five-year powertrain limited warranty are covered by Chevrolet’s free 24/7 roadside assistance and courtesy transportation program. You shouldn’t need to add roadside service to your insurance policy.

What factors affect car insurance for the Chevrolet Equinox?

The Chevrolet Equinox has been around since 2005 and is currently in its third generation. The compact SUV is known for its spacious interior and smooth ride. In 2016, there were over 242,000 sales in the United States.

The newest Chevy Equinox models come in four trim packages, and the one that you select could affect your insurance rates.

• 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 also offers a FWD and AWD option, but each come standard with high intensity discharge (HID) front headlights and LED rear lights. Advanced driver assistance is optional with this trim package, which could help you snag a discount with some insurance companies.
• Chevrolet Equinox Premier. The Premier package is available in both FWD and AWD and includes a variety of luxury features that make it the most expensive model to buy and insure.

Does the Chevrolet Equinox qualify for insurance 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 gives the Chevrolet Equinox 5 out of 5 stars for reliability, although the quality of the vehicle’s powertrain mechanics gets a 2 out of 5. The overwhelming majority of online reviewers report their Chevy Equinox as reliable, especially considering its modest price tag.

This vehicle also gets decent safety ratings, with a 4 out of 5 overall safety rating from the National Highway Traffic Safety Administration (NHTSA) and a good rating from the Insurance Institute for Highway Safety (IIHS).

However, you’ll find three recalls for the 2018 model. Manufacturers notify affected owners within 60 days of the recall announcement. But if you’ve moved or otherwise don’t receive notice, you can contact Chevrolet’s customer service to confirm.

• Possibility of a damaged fuel line, which could result in fire.
• Possibility of a fractured drive shaft, 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

A compact SUV, the Chevrolet Equinox is fuel efficient and typically cheaper to maintain than larger SUVs, trucks and luxury sports cars. Expect to pay average to below-average prices on routine maintenance like oil changes, brake pad replacement and new tires.

Your Equinox should get up to 28 mpg in the city and 39 mpg on the highway, which is above the national average of 23 combined mpg for compact cars.

Compare Chevrolet Equinox competitors

Looking for other car brands? Compare car makes and models that are similar to the Chevy Equinox.

Bottom line

Expect to pay average rates to insure your Chevrolet Equinox. If you have the AWD trim package and additional safety features, you might pay less than you would to insure a 2WD model without driver assist. With above-average fuel economy and moderately priced maintenance and repairs, you could end up saving more in the long run.

With so much competition for your business, compare car insurance rates from many providers to find the best value for your coverage.