Chevrolet Equinox Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Chevrolet Equinox is cheaper to insure compared to the average SUV.

• Liability only insurance prices for an Equinox tend to be around $82 monthly, while full coverage generally tends to be about $144 per month.

• Hugo is the lowest auto insurance company for an Equinox with a national average of just $31 monthly for liability only coverage.

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Equinox Overview

The Chevrolet Equinox is a great SUV for all budgets, with a base price of just $25,800 for 2022 models. Not only is it on the affordable end of the spectrum when it comes to overall price point, it's also a great option for your budget when thinking about your future car insurance rates.

Based on analyzing thousands of auto insurance quotes from Compare.com, we've found that average Chevrolet Equinox insurance premiums run around $152 per month. But compared to other vehicles in the market, are Equinox car insurance rates higher or lower than those of similar SUVs?

How Much is Car Insurance for a Chevrolet Equinox?

If you look at the table above, you'll see that compared to other vehicles, Chevrolet Equinox insurance prices are cheaper than average. On average, Equinox owners can expect to pay about $82 a month for liability insurance, and around $144 per month for full coverage, which has comprehensive and collision coverages in addition to liability (our guide, "State Minimum vs. Full Coverage", can give you more information on the difference).

When compared to other Chevrolet models, the Equinox is less expensive, with premiums more than 10% lower than the rest of the automaker's vehicle offerings. However, Equinox coverage runs close to average when compared to other vehicles of a similar body style, with liability insurance prices coming in at $1 higher than other SUVs and full coverage insurance premiums at $8 cheaper.

Compared to all vehicles of any body type, liability only rates are slightly more expensive for the Equinox, but a full coverage policy is on the cheaper side.

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Who has the Cheapest Car Insurance for a Chevrolet Equinox?

If you're in the market for a new car insurance policy for your Chevrolet Equinox, you most likely want to know which carrier offers the lowest prices. Although there will never be one company that offers the most affordable rates for everyone, the lowest average rates for liability only insurance are sometimes just $22 a month from CSAA. The runner up for cheapest rates is American Family, with insurance policies starting sometimes as little as $29 monthly.

StateAuto, Hugo, and Verti round out the rest of the top 5 list. However, just because these five carriers offer the lowest average rates doesn't necessarily mean they'll be the cheapest companies for you and your unique insurance profile.

Insurance carriers use a range of variables and complex formulas to calculate premiums. There's only one way to make sure you find the lowest possible rates, and that's by getting quotes from a whole range of car insurance companies.

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What Factors Affect Car Insurance Rates for a Chevrolet Equinox?

There are a multitude of pieces that auto insurance carriers look at to choose how much they charge you -- and each carrier uses a different algorithm, so there's not one single company that's the most affordable for every Equinox driver.

Below are just a few of the things car insurance companies look at and how each one affects your final rate:

Vehicle Age

Chevrolet has been making the Equinox for quite some time -- and that means the car's age may play a big role in how much you'll pay for insurance. Typically, older cars will be cheaper to insure because they're worth less than newer models, and as cars get older, insurance costs will gradually get lower.

As you can see in the table above, the Chevrolet Equinox follows this trend, as the cheapest models to insure are those that are 15 years old or more, while the most expensive models are Equinoxs that are 2 to 3 years old, on average.

Your Age

Age makes a significant difference in how much auto insurance carriers will charge for a policy. Based on the information above, drivers under 18 pay more for insurance than those with more experience. In this case, drivers under 18 pay more than twice as much as those 25 or older.

Car insurance prices continue to go down as you get older, with the cheapest age group being 65 years and older for Equinox drivers.

Your Gender

You may not know, but car insurance is normally more expensive for men than for women. This is because men are more likely to get tickets and get into accidents, which raises the chances of an insurance claim. The Chevrolet Equinox sticks to the norm, where men pay about 10% more than women a month for auto insurance.

Where You Live

You were probably already aware that factors such as how old you are and what vehicle you drive play a role in your insurance prices, but you may not realize that where you live can be just as important. Because auto insurance is regulated on the state level and not nationally, rates can differ quite a bit from state to state.

For example, the average Chevrolet Equinox owner in New York pays around $168 monthly for liability coverage. Meanwhile, on average, the same Californian driver will pay less than half of that price. The chart shows average premiums for the 10 largest states by population, just to give you a good idea of how much rates can change depending on where you live.

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Chevrolet Equinox Car Insurance Discounts

No matter what state you call home, how old you are, or which car you drive, using as many discounts as possible when it comes to your car insurance is always in your best interest when shopping around for a new policy.

While no two auto insurance companies offer the same exact discounts, there are a few that you'll find with most insurers. These include things like:

• Defensive driving discounts for drivers who take a defensive driving class from a certified school or institution
• Multi-vehicle discounts for insuring more than one of your cars with the same carrier
• Vehicle safety discounts for having a vehicle with certain safety features (like anti-lock brakes or air bags) or one with higher safety ratings
• Multi-policy discounts for bundling your home and auto policies with the same company

However, discounts aren't the only way to save. Often, the best way to get great rates is to work on your overall insurance profile.

Even though you don't have control over every factor insurance carriers take into account to calculate prices (like some of the ones mentioned above), you can influence some of them. Below are just a few of the ones you can use in your favor when it comes to saving money:

Your Driving Record

You've almost certainly observed ads from car insurance companies promoting hefty discounts for responsible drivers. It should be no surprise that your auto insurance premiums will go higher if you get tickets or get into a collision. But you're probably wondering exactly how much these infractions can cost you.

Based on the table above, accidents will usually cost Equinox drivers more than tickets, but both will cause a significant increase in rates. Chevrolet Equinox drivers with a single accident on their record pay about $100 a month (up $18 from the $82/mo. overall average), while drivers with one ticket will pay an average of $86 per month. Those with multiple kinds of either violation will end up paying even more.

How Much You Drive

Another variable that plays a role in your insurance prices is the total distance you drive each year. Those who are on the roads less have fewer opportunities to get into an accident, so they'll usually end up spending less on car insurance. Based on the table above, you can see that Chevrolet Equinox owners who drive 10,000 miles or more pay $80 for insurance, while those who drive fewer than 2,500 miles per year pay about $78 a month.

But if you work from home or drive less often than the average driver, it may be worth learning about usage-based or pay-per-mile auto insurance. With these kinds of policies, you pay a small base rate each month, with your final monthly bill being calculated based on the number of miles you drove.

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How Do Chevrolet Equinoxs Compare to Other Vehicles?

If you're thinking about purchasing a new vehicle and a Chevrolet Equinox is on your shortlist, it can pay off to do your due diligence. Auto insurance is just one cost that's associated with buying a new car, but it's certainly one that's worth considering carefully.

Review the table below to see how the Chevrolet Equinox compares:

With an MSRP that's a third less than the going rate for a new vehicle, the Chevrolet Equinox is a fantastic value for any budget. While the national average vehicle MSRP is $42,283, the Equinox starts at just $25,800.

Although the Equinox's price is on the low end of the spectrum, car insurance premiums are higher when compared to the rest of the vehicle market. Liability insurance for a Chevrolet Equinox is about $12 per month more than average, while full coverage is over $50 more monthly.

When it comes to usage, Chevrolet Equinox drivers are near the national average in annual miles driven, with 11,660 miles each year for all vehicles compared to the Equinox's 12,226 every year.

Chevrolet Equinox Car Insurance Costs by Model Year

So far, you've seen how different things have an impact on how much the average driver pays for auto insurance. If you're in the market for a new car, truck, or SUV and the Equinox is on your wishlist, knowing what you can expect to pay for the specific vehicle you're looking at can be extremely helpful as you weigh your choices and compare it to other vehicles on your shortlist.

For this reason, we've done the heavy lifting and analyzed Chevrolet Equinox insurance rates by model year. Choose a specific Equinox model year in the dropdown below and see average rates for both liability only and full coverage. You'll also find some other helpful info, like which trim levels are offered, the base MSRP, and who offers the cheapest policies for each year the Equinox has been around.

Choose Your Model

2022 Chevrolet Equinox Car Insurance 2021 Chevrolet Equinox Car Insurance 2020 Chevrolet Equinox Car Insurance 2019 Chevrolet Equinox Car Insurance 2018 Chevrolet Equinox Car Insurance 2017 Chevrolet Equinox Car Insurance 2016 Chevrolet Equinox Car Insurance 2015 Chevrolet Equinox Car Insurance 2014 Chevrolet Equinox Car Insurance 2013 Chevrolet Equinox Car Insurance 2012 Chevrolet Equinox Car Insurance 2011 Chevrolet Equinox Car Insurance 2010 Chevrolet Equinox Car Insurance

2022 Chevrolet Equinox Car Insurance

You can expect full coverage for a 2022 Chevrolet Equinox to run around $219 a month, while liability only coverage will average about $93 per month.

With premiums as little as $92 a month, Apparent offered the most affordable policy we found for the 2022 Chevrolet Equinox.

If you want to know exactly how much you can expect to pay for your Equinox, just enter your ZIP code below and get free quotes in minutes.

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2021 Chevrolet Equinox Car Insurance

2021 Equinox drivers can expect to pay an average of $102 monthly for liability or $153 for full coverage.

Aspire offered the lowest policy we found, with rates as little as just $26 per month.

If you want to know exactly how much you can expect to pay for your Equinox, get free quotes in minutes by just entering your ZIP code below.

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2020 Chevrolet Equinox Car Insurance

On average, drivers who own a 2020 Chevrolet Equinox can expect to pay $84 to $161 a month for liability only and full coverage car insurance, respectively.

Looking for the cheapest policy? Liberty Mutual offered liability only coverage for as low as just $20 monthly.

What will your insurance price be? Get lots of free personalized quotes by just entering your ZIP code below.

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2019 Chevrolet Equinox Car Insurance

The average cost to insure a 2019 Equinox with liability only coverage is $90 per month, while full coverage runs around $165 monthly.

We found DirectGeneral offered the lowest policy, with rates as low as $25 a month.

If you want to know exactly how much you can expect to pay for your Equinox, just enter your ZIP code below and get several free quotes in minutes.

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2018 Chevrolet Equinox Car Insurance

It costs about $88 per month for liability or $164 for a full coverage policy for the 2018 Chevrolet Equinox.

If you're looking for the lowest possible 2018 Chevrolet Equinox insurance policy, Commonwealth Casualty offered the most affordable policy we found, with rates as cheap as just $18 a month.

While these are good estimates of what the average driver might pay to insure a 2018 Chevrolet Equinox, these prices might differ based on your driver profile. Just enter your ZIP code below, to get free personalized quotes in minutes.

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2017 Chevrolet Equinox Car Insurance

2017 Equinox drivers can expect to pay an average of $97 monthly for liability or $162 for full coverage.

With rates sometimes as cheap as $20 per month, Safeco offered the cheapest policy we found.

Want to know exactly how much you'll pay? Just enter your ZIP code below to get multiple free customized quotes.

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2016 Chevrolet Equinox Car Insurance

The average cost to insure a 2016 Chevrolet Equinox with liability only coverage is $86 monthly, while full coverage runs around $155 per month.

Gainsco has prices as cheap as $17 a month for the 2016 Chevrolet Equinox.

These average premiums are a great starting point if you're in the market for a 2016 Chevrolet Equinox, but there are lots of different variables that go into calculating your policy rates. If you want to figure out exactly what you'll be asked to pay, get customized quotes by entering your ZIP below.

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2015 Chevrolet Equinox Car Insurance

It costs about $77 monthly for liability or $143 for a full coverage policy for the 2015 Equinox.

With rates sometimes as low as $18 a month, StateAuto offered the most affordable policy we found.

If you want to find the best prices for car insurance for a 2015 Chevrolet Equinox, enter your ZIP code below and compare many personalized quotes in just a few minutes.

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2014 Chevrolet Equinox Car Insurance

On average, drivers who own a 2014 Chevrolet Equinox can expect to pay $81 to $140 per month for liability only and full coverage auto insurance, respectively.

MetLife has rates sometimes as little as $16 a month for the 2014 Chevrolet Equinox.

Want something more accurate than national averages? Enter your ZIP code below to get several free personalized quotes.

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2013 Chevrolet Equinox Car Insurance

You can expect full coverage for a 2013 Equinox to run around $141 monthly, while liability only coverage will average about $85 per month.

We found Elephant offered the cheapest policy, with rates as cheap as just $17 monthly.

And if you want more accurate rates tailored specifically to you, just enter your ZIP code below and get free quotes in minutes.

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2012 Chevrolet Equinox Car Insurance

On average, drivers who own a 2012 Chevrolet Equinox can expect to pay $90 to $138 per month for liability only and full coverage insurance, respectively.

Ohio Mutual offered the lowest policy we found, with rates as cheap as $18 a month.

Want to know exactly what your auto insurance rate will be? Just enter your ZIP code below to get a variety of free personalized quotes.

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2011 Chevrolet Equinox Car Insurance

2011 Equinox drivers can expect to pay an average of $77 per month for liability or $131 for full coverage.

Looking for the most affordable policy? Elephant offered liability only coverage for as little as $16 monthly.

If you want to know just how much your premium will be, get free quotes in minutes by just entering your ZIP code below.

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2010 Chevrolet Equinox Car Insurance

It costs around $85 a month for liability or $135 for a full coverage policy for the 2010 Chevrolet Equinox.

With premiums as little as just $19 monthly, Safeco offered the lowest policy we found for the 2010 Chevrolet Equinox.

If you want to know just how much your rate will be, just enter your ZIP code below and get free quotes in minutes.

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Chevrolet Equinox Insurance FAQs

Is a Chevrolet Equinox expensive to insure?

Compared to the national average of all vehicles, rates come in on the lower end of the spectrum. Liability insurance runs an average of $82 per month, while full coverage will cost you around $144.

How can I get the best price on car insurance for my Chevrolet Equinox?

There's only one way to confirm you're getting the cheapest rates -- checking prices regularly and comparing quotes from a lot of carriers. Over time, your driver profile changes, which could change your rates, so it's recommended that you get quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from several companies at once, meaning you can find the lowest rates (or guarantee you already have the best deal) in just a few minutes.

Does the color of my Chevrolet Equinox affect my insurance premiums?

You've probably heard the old adage that it costs more to insure a red car than cars of other colors, but that's actually not true. There are multiple factors car insurance carriers think about when they calculate how much your policy will be, but your car's color is not factored into that equation.

Do I need to have insurance before I buy a Chevrolet Equinox?

Before you can legally drive your new (or new to you) Equinox off the dealership lot, you'll need to have a valid auto insurance policy. As part of the buying process, some dealerships may offer you an insurance policy, but the best thing to do when buying a a new SUV is to let your insurance carrier know ahead of time.

What car insurance discounts can I get for my Chevrolet Equinox?

There are a ton of discounts out there for car insurance. Many of them (like "pay-in-full discounts" and "safe driver discounts") are more based on you than the Chevrolet Equinox you drive, but if your Equinox has safety features like anti-theft systems, anti-lock brakes, airbags, and other features, it may qualify for certain discounts. The only way to find out is to get in touch with your insurance company and ask about their list of discounts.