Best Cheap Insurance Quotes for a Chevrolet Equinox in South Dakota

Your odds of finding the best cheap insurance for a Chevrolet Equinox in South Dakota is contingent on a complicated rating formula that uses factors like how old the vehicle is, whether or not you have filed claims in the past, and violations on your driving record. Drivers in South Dakota pay on average $800 a year to buy Chevrolet Equinox insurance, but that amount is based on a 40-year-old married female who purchased full physical damage coverage and $500 physical damage deductibles.

But there is a good chance that you are not exactly 40 years old and possibly not even female, maybe you are single instead of married, and you want different coverage limits than the example. Having different needs demonstrates why the most reliable way to find affordable rates for your Chevrolet is to start the habit of comparing rates at least once a year. Compare rate quotes now and you can get prices from the cheapest companies around.

Find Cheaper Chevrolet Equinox Insurance

Your Chevrolet’s trim level tends to have a direct impact on the coverage cost, so the price you pay to insure a Equinox LS 2WD trim level will cost $74 less than the cost to insure the more costly Equinox LTZ AWD model, as shown in the table below.

Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and South Dakota minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Table data does not factor in your specific South Dakota location which can modify premiums significantly.

Picking the highest-rated insurance company can be difficult considering how many different insurance companies sell coverage in South Dakota. The company rank data listed below could help you pick which car insurance providers you want to consider when comparing rate quotes. The rankings below are only comprised of the largest companies in America, so companies that focus mainly on South Dakota business are not factored into the list.

Cost comparison with and without full coverage

Finding the best cheap insurance for a Chevrolet Equinox in South Dakota is the goal of most vehicle owners, and one of the fastest ways to buy cheap insurance is to not buy comprehensive and collision coverage. The illustration below illustrates the comparison of insurance costs with and without full coverage. The costs are based on no violations or claims, $1,000 deductibles, single status, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 2493,1051],[‘Age 30’, 1313,579],[‘Age 40’, 1281,537],[‘Age 50’, 1171,503],[‘Age 60’, 1137,495],[‘Age 70’, 1415,659]]);var options = {title: ‘Full Coverage Rates Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Equinox in South Dakota’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an average for all age groups, comprehensive and collision coverage on your policy costs $1,468 per year over and above liability coverage. At some point, about every driver wonders when is the right time to remove full coverage. There is no set rule to drop full coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

There are some conditions where dropping physical damage coverage is not recommended. If you haven’t paid off your loan, you have to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Don’t make the mistake of not shopping around

South Dakota insurance rates are impacted by many factors which can substantially change the cost of a policy. Simply having another birthday, having a claim, or getting a reckless driving citation can produce rate changes that can make some companies more affordable than before. Not only may your situation change, but car insurance companies file new South Dakota auto insurance rates multiple times each year to adjust for heavy claims or excess profits. A period of higher than normal claims can result in more expensive premiums, while a better claims history can cause cheaper Equinox insurance rates.

The graph below shows which company has the cheapest car insurance in South Dakota for a 40-year-old male driver with no prior claims, no tickets, and a good credit history. When quoting prices based on his current risk factors, USAA has the cheapest car insurance rates in South Dakota at $631 a year. This is $679 less than the average rate paid by South Dakota drivers of $1,310. Auto-Owners, State Farm, Farmers Mutual of Nebraska, and Unitrin are the remaining cheapest South Dakota auto insurance companies.

google.charts.setOnLoadCallback(drawSDWitcqcibChart);function drawSDWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘USAA’, 631, ‘#0D6781’],[‘Auto-Owners’, 924, ‘#0A556B’],[‘State Farm’, 997, ‘#084659’],[‘Farmers Mutual of Nebraska’, 1006, ‘#063A4A’],[‘Unitrin’, 1043, ‘#05303D’]]);var options = {title: ‘Cheapest Insurance for a Chevrolet Equinox’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1143,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

In the next rate comparison, we’ll give the driver in the first chart a chargeable claim, a little lower credit rating, and a speeding citation. Due to the fact that every insurance company has a unique approach for determing rates in each state, analyzing rates may now show a new list of the cheapest car insurance companies in South Dakota as shown below.

google.charts.setOnLoadCallback(drawSDWcqcibChart);function drawSDWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘Western National’, 1174.8, ‘#C76400’],[‘Allied’, 1257.3, ‘#A55300’],[‘Buckeye’, 1270.5, ‘#894500’],[‘Progressive’, 1353, ‘#723900’],[‘Farm Bureau Mutual’, 1384.9, ‘#5F2F00’]]);var options = {title: ‘Best Rates with Accidents and Violations’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1484.9,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

Western National now has the lowest price in South Dakota with Allied, Buckeye, Progressive, and Farm Bureau Mutual completing the list. This example shows why it is critical to shop around when trying to find affordable insurance rates for a Chevrolet Equinox.

Prices are made up of many risk factors and change dramatically, so the cheapest option the last time you shopped your coverage around may now be costing you a lot of money.

How to get the best cheap insurance for a Chevrolet Equinox in South Dakota

Here are many penny-pinching ideas that can help drivers buy lower-cost car insurance.

• Increase your deductibles
• Lower rates by purchasing a safer vehicle
• Good credit can mean cheaper rates
• Do not pay for full coverage if not needed
• Speeding tickets and other violations increase rates
• Avoid having at-fault accidents
• Compare rates regularly and switch companies to save money

The final tip is very significant, as was pointed out in the prior article. Coverage prices in South Dakota change frequently, so drivers shouldn’t be resistant to switch carriers if you find a cheaper price. Staying with the same car insurance company is fine, but it isn’t a good idea if that stubbornness costs you major coinage every year. In just a few minutes you could shop around to find cheaper auto insurance for a Chevrolet Equinox.

Best cheap Chevrolet Equinox insurance quotes

There are many different ways to compare cheaper insurance rates in South Dakota, but the most popular ways are using a non-exclusive or independent agent, an exlusive agent like Allstate or State Farm, or direct online or over the phone from a company like Progressive or Geico. They all have the same basic principle, but buyers need to know the differences in how they provide price quotes.

Independent agents work with multiple companies and can provide price quotes from every one. Agents of this type do not write with just one company and can give you more rates, which may give you the best idea of how your rates compare. If your agent finds a cheaper company, your policy can be easily switched to a different company and you do not have to find a new agent.

A captive or exclusive agent is able to quote prices with a single insurance company, two of the more popular are a State Farm or Allstate agent. These agents normally cannot provide prices from multiple companies, so you might not find the best rates.

The last way is buying direct, which means you forego either of the other two types of agents and buy direct either online or via phone. Buying direct is a good choice for consumers who do not need high levels of coverage and know more than average about what coverages they need.

When shopping for insurance, which way works best to buy the best cheap insurance for a Chevrolet Equinox in South Dakota? We’d like to say buying from a direct company yields the cheapest rates because you bypass the agent, but that turns out to not be true. We could also assume that buying from an independent agent is the best way to go because they can shop around, but that assumption is also not accurate. For some people, exclusive agencies have coverage prices that other insurance companies cannot touch.

Since insurance prices are based on many different factors, the best way to ensure you are not overpaying for insurance is to get quotes and compare. Experts recommend getting quotes from all three in order to have the best selection to choose from. We compiled a list of companies with some of the cheapest online rates that you can click here to view.