Who Has the Cheapest Car Insurance Quotes for a Chevrolet Equinox in Austin?

Buying affordable insurance for a Chevrolet Equinox is pretty easy for most people to do, but it hinges on a complex formula that considers things such as your age, if you have prior claims, and physical damage deductibles. Texas drivers pay approximately $1,227 a year for Equinox insurance, but that amount is a projection based on a 50-year-old single male driver with full comprehensive and collision coverage and $250 deductibles.

There’s a good chance you’re not a 50-year-old male, married instead of single, and maybe your Equinox just needs liability-only coverage. Not every driver requires the same auto insurance coverages, so the way we recommend to find affordable rates for your Chevrolet is to compare rates from as many companies as possible. It takes less than five minutes and you will get price quotes from the best companies in Texas.

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The trim level of your Equinox has an effect on the cost of insurance, so the price you will pay to insure a Equinox LS 2WD model will be $122 less than the insurance cost for the high end Equinox LTZ AWD model, as shown by the rates below.

Chevrolet Equinox Insurance Rates in Austin, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $254 $512 $430 $26 $128 $1,350 $113
Equinox LT 2WD $254 $512 $430 $26 $128 $1,350 $113
Equinox LS AWD $254 $512 $430 $26 $128 $1,350 $113
Equinox LT AWD $254 $512 $430 $26 $128 $1,350 $113
Equinox LTZ 2WD $286 $602 $430 $26 $128 $1,472 $123
Equinox LTZ AWD $286 $602 $430 $26 $128 $1,472 $123
Equinox LTZ AWD $286 $602 $430 $26 $128 $1,472 $123
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Premium costs do not factor in specific zip code location which can impact insurance rates noticeably.

Buying coverage from the best car insurance company is hard considering how many companies sell coverage in Austin. The information below can help you analyze which companies you want to consider when looking for cheaper rates.

The ratings below include large insurance companies, so smaller companies that only insure vehicles in Texas are not included in these rankings. To get price quotes from these and other top-rated companies, follow this link.

Top 10 Large Auto Insurers in Austin Ranked by Customer Satisfaction

  1. USAA – 91%
  2. AAA Insurance – 90%
  3. Esurance – 90%
  4. Mercury Insurance – 89%
  5. Nationwide – 89%
  6. Travelers – 88%
  7. Progressive – 88%
  8. Safeco Insurance – 88%
  9. State Farm – 88%
  10. Allstate – 88%

Top 10 Large Auto Insurers in Austin Ranked by Value

  1. Mercury Insurance
  2. Travelers
  3. American Family
  4. AAA Insurance
  5. Safeco Insurance
  6. Progressive
  7. The Hartford
  8. The General
  9. 21st Century
  10. Esurance

Discount Austin auto insurance

Save on auto insurance for an Equinox in AustinCar insurance companies that offer cheap quotes for a Chevrolet Equinox may have rate discounts that can lower rates by as much as 40% or more if you are eligible. Larger auto insurance companies and a selection of discounts can be read below.

The illustration below visualizes the comparison of car insurance rates with and without discounts applied to the policy premium. The premiums are based on a male driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with claim-free, homeowner, multiple policy, passive restraint, marriage, and anti-theft discounts applied. When these discounts are applied, theaverage yearly reduction on auto insurance for a Chevrolet Equinox is 28% or $529.

Full coverage versus liability-only in Austin

Finding the cheapest auto insurance should be important to the majority of vehicle owners, and one way to find cheaper insurance for a Chevrolet Equinox is to buy only liability coverage. The chart below compares yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no accidents, no driving violations, $100 deductibles, drivers are single, and no discounts are applied to the premium.

If we average all the age groups together, comprehensive and collision coverage on your policy costs an extra $2,589 per year more than just buying liability insurance. Many of you may wonder if buying full coverage is worth the expense. There is no exact formula to stop paying for physical damage coverage, but there is a general guideline you can use. If the annual cost of having full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

There are some scenarios where buying only liability insurance is not a good idea. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.

How to find the cheapest insurance for a Chevrolet Equinox

Lowering your rates is not difficult, and here are many money-saving ideas that can help Texas drivers locate lower-cost coverage.

The final tip is remarkably necessary, as was noted in the prior article. Prices charged by companies in Austin can change considerably based on profitability, so drivers shouldn’t hesitate to change insurance companies if you can save money. Many drivers tend to have loyalty to a certain company, but we do not recommend it if it’s costing you money that could be used for better things. In just a couple of minutes you could shop around and find cheaper auto insurance for a Chevrolet Equinox.

If you prefer to have some professional guidance when comparing insurance rates for a Chevrolet Equinox, the agents below are willing to aid you in deciding which policy fits your needs best. To find an agent in your neighborhood, click the button at the bottom of the list or click here to get price quotes now.

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