Finding the cheapest insurance for a Chevrolet Equinox in Massachusetts relies on a lot of different factors such as how old the vehicle is, your profession, and if you have tickets or violations. Drivers in Massachusetts will pay around $812 a year to insure their Equinox, but that cost is an estimate based on a 50-year-old married male driver with full coverage and $500 deductibles.
If we were betting, you aren’t exactly 50 years old or even a male, possibly single instead of married, or you just prefer to insure for liability only. Having even a minor difference in rating factors or requested coverage amount could result in a significant change in the cost of a policy.
Every driver’s needs are different, and that is why the only way to find cheap auto insurance rates for your Chevrolet is to do your own rate comparisons.
The trim level of your Equinox can impact the insurance rate, so the price you pay to insure a Equinox LS 2WD will be $74 cheaper than the insurance cost for the more well-appointed Equinox LTZ AWD model, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$164||$298||$320||$18||$96||$896||$75|
|Equinox LT 2WD||$164||$298||$320||$18||$96||$896||$75|
|Equinox LS AWD||$164||$298||$320||$18||$96||$896||$75|
|Equinox LT AWD||$164||$298||$320||$18||$96||$896||$75|
|Equinox LTZ 2WD||$184||$352||$320||$18||$96||$970||$81|
|Equinox LTZ AWD||$184||$352||$320||$18||$96||$970||$81|
|Equinox LTZ AWD||$184||$352||$320||$18||$96||$970||$81|
|Get Your Own Custom Quote Go|
Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Information does not factor in vehicle garaging location which can increase or decrease coverage rates substantially.
Selecting the right auto insurance company can be challenging considering how many companies sell coverage in Massachusetts. The company rank data shown below could help you select which car insurance companies you want to consider when shopping your coverage around.
The rankings below are only made up of major nationwide insurance companies, so smaller companies that only insure vehicles in Massachusetts will not be included in the list. If you’d like to compare prices from the most competitive companies in Massachusetts, just click here.
Top 10 Major Auto Insurance Companies in Boston Ranked by Value
- The Hartford
- Farmers Insurance
- Safeco Insurance
- AAA Insurance
- State Farm
- American Family
- Liberty Mutual
The information below illustrates how your choice of deductibles can increase or decrease insurance rates when researching cheap insurance for a Chevrolet Equinox. Data assumes a married female driver, comprehensive and collision coverage, and no discounts are applied.
In the chart above, a 50-year-old driver could save $318 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $480 by using a $1,000 deductible. Even younger insureds, like the 20-year-old example, can cut $788 or more by choosing a higher deductible.
If you make the decision to raise deductibles, it is necessary to have emergency funds available to enable you to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Careless Boston drivers pay higher rates
The easiest way to snag cheap car insurance prices for an Equinox is to be a good driver and avoid accidents and violations. The information below demonstrates how speeding tickets and at-fault claims impact insurance prices for each age group. The costs are based on a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are factored in.
The data charted above shows the average cost of a car insurance policy per year with no accidents or violations is $1,661. Factor in two speeding tickets and the average cost jumps to $2,186, an increase of $525 each year. Now add in one accident along with the two speeding tickets and the annual cost of car insurance for a Chevrolet Equinox increases to an average of $2,722. That’s an increase of $1,061, or $88 per month, just for not driving safely!
How to find low-cost auto insurance for a Chevrolet Equinox
It’s not impossible to find cheaper rates, and here are some of the better penny-pinching ideas that can help drivers quote cheap auto insurance.
- Earn a discount by not filing claims
- Serious violations like DUI or careless driving can make car insurance unaffordable
- Higher comprehensive and collision coverage deductibles will save money
- Avoid accidents
- Good credit can mean cheaper rates
- Buying home and auto insurance together can earn discounts
- Ensure you have the best deal by shopping around regularly
The final tip is particularly crucial, as we discussed in this article. Coverage prices vary greatly, so drivers shouldn’t hesitate to switch companies if you can save money.
Staying with the same car insurance company is fine, but it isn’t a good idea if that stubbornness costs you big bucks every year. Now is a great time to shop around and find cheaper auto insurance for a Chevrolet Equinox in Boston.
If you prefer to have the advice of a professional agent when shopping around for cheaper insurance for a Chevrolet Equinox, the professional agents shown below can probably aid you in deciding which insurance coverage will be best for you. To locate a Boston insurance agent in your neighborhood, click the button following the list or click here to compare rates now.
- Regus insurance Agency, LLC
287 Newbury St – Boston, MA 02115 – (617) 902-0011
- Arbella Insurance
120 Middlesex Ave – Somerville, MA 02145 – (617) 666-0222
- Paul Lymneos Insurance Agency
4258 Washington St Suite 8 – Roslindale, MA 02131 – (617) 327-3870