Who Has the Cheapest Insurance Quotes for a Chevrolet Equinox in South Carolina?

When discussing car insurance, the word affordable really should not be used anywhere to describe car insurance rates. Please forgive the oxymoron, but cheap car insurance for a Chevrolet Equinox can be hard, if not impossible, to find. Don’t let that discourage you, because there may be ways you can quote car insurance that is easier on your budget.

Your chances of buying cheaper auto insurance for a Chevrolet Equinox in South Carolina depends on many factors like miles driven annually, the performance level of your vehicle, and deductible levels for physical damage coverage. Drivers in South Carolina pay on average $1,330 each year to insure an Equinox, but that figure is a projection rating a 40-year-old single male that included both comprehensive and collision coverage and $100 physical damage deductibles.

Most likely you aren’t exactly 40 years old or even a male, married instead of single, or maybe your Equinox is old enough that it doesn’t require full coverage. Auto insurance is not “one size fits all”, so the way we recommend to find cheap auto insurance rates for your Chevrolet is to do the rate comparisons yourself.

Find Cheaper Chevrolet Equinox Insurance

Your Chevrolet’s trim level will have an impact price, so the price you will pay to insure a Equinox LS 2WD trim level will be $144 less expensive the insurance cost for the higher-end Equinox LTZ AWD version, as shown by the rates below.

Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and South Carolina minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in specific zip code location which can decrease or increase premium rates noticeably.

Trying to find low-priced car insurance is not most people’s favorite thing to do, and figuring out which company quotes the most affordable auto insurance rates for a Chevrolet Equinox will take even more diligence. Each insurer uses their own calculation for setting prices, so we’ll take a look at the auto insurance companies with the overall best prices in South Carolina.

Keep in mind that South Carolina auto insurance rates are based on many factors that may substantially change the cost of your policy. This price variability is why it is crucial to spend some time comparing rates when trying to find affordable insurance quotes for a Chevrolet Equinox. Rates are determined by many risk factors and change substantially, so the best company the last time you checked may now be priced much higher than other options.

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The Hartford quotes some of the best car insurance rates in South Carolina at around $752 a year. USAA, Auto-Owners, State Auto, and Southern Farm Bureau also make the cut as some of the lowest-priced South Carolina auto insurance companies.

As the rates illustrate above, if you are a policyholder with Southern Farm Bureau and switched to USAA, you could see annual savings of about $253. Insureds with SC Farm Bureau Mutual might save as much as $291 a year, and National Grange Mutual customers might reduce rates by $340 a year.

To get a quick, customized rate comparison, click here to start a quote or quote prices from the following companies.

It’s important to note that these premium estimates are averages for all drivers and vehicles and do not take into consideration a specific rate factor for a Chevrolet Equinox. So the insurer that is best for you may not even be featured in the company chart above. That affirms the importance of why you need to get car insurance quotes using your own driver data and vehicle information.

Liability rates compared to full coverage

Finding the cheapest insurance for a Chevrolet Equinox in South Carolina is probably important to most vehicle owners, and an easy way to buy cheap insurance is to not pay for full coverage. The example below visualizes the comparison of premium costs when comparing full coverage to liability only. The premiums assume no violations or accidents, $500 deductibles, drivers are not married, 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 $500 Deductibles’, ‘Liability Only’],[‘Age 20’, 3519,1213],[‘Age 30’, 1831,665],[‘Age 40’, 1805,617],[‘Age 50’, 1645,577],[‘Age 60’, 1595,569],[‘Age 70’, 1947,759]]);var options = {title: ‘Full Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Equinox in South Carolina’,minValue: 0,format: ‘$###,###’},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);}

If we average the cost for ages 20 through 70, comp and collision coverage costs $2,057 per year more than buying just liability insurance. That amount may make you wonder if full coverage is worth the money. There is no definitive guideline to delete physical damage coverage, but there is a guideline you can use. If the yearly cost for physical damage coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

There are some scenarios where removing full coverage is not recommended. If you haven’t satisfied your loan, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should maintain full coverage.

Types of discounts on South Carolina car insurance rates

Car insurance companies that offer the cheapest insurance for a Chevrolet Equinox in South Carolina may also offer discounts that could reduce prices by as much as 35% if you qualify for them. Companies and some of the premium reductions they offer are:

The example below illustrates the comparison of car insurance costs with and without policy discounts. The premiums are based on a male driver, a clean driving record, no at-fault accidents, South Carolina state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with accident-free, marriage, anti-theft, safe-driver, defensive driving course, and vehicle safety discounts applied. When these discounts are applied to the policy premium, the average savings per year on auto insurance for a Chevrolet Equinox is 13% or $202.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 3989,2871],[‘Age 30’, 2059,1497],[‘Age 40’, 2045,1483],[‘Age 50’, 1857,1347],[‘Age 60’, 1799,1301],[‘Age 70’, 2179,1571]]);var options = {title: ‘Effect of Discounts on Insurance Price for a Chevrolet Equinox’,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’,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(‘qcibdisc’));chart.draw(data, options);}

Who has the cheapest Chevrolet Equinox insurance quotes?

Drivers have a lot of different ways to find cheaper auto insurance in South Carolina, but the most common methods are from a captive (or exclusive) agency like Allstate or Auto-Owners, an independent or non-exclusive agent, or buying direct from a company like Geico or Progressive.

All three ways are similar, but it’s important to point out the distinctions in how they work.

Independent agencies work with multiple companies and can quote your policy with all of them. Agents of this type are usually affiliated with several companies and can quote rates with many companies, which may provide you with improved chances of finding a lower rate. If your agent finds better pricing, your policy can be moved and you don’t have to switch agencies.

Exclusive agencies are only able to write with just one company such as Farmers Insurance or State Farm agents. They generally cannot provide a range of price quotes, which necessitates shopping around.

Direct auto insurance buyers bypass a local insurance agent and instead buy direct online or over the phone from a company like Geico or Esurance. This option may be preferred by consumers who do not need advice for asset protection and have a good understanding of the limitations of their policy.

What is the best method to buy the cheapest insurance for a Chevrolet Equinox in South Carolina? Our initial answer would be shopping direct results in the best prices because there are no middleman commissions, but that does not always hold true. We could also assume that using an independent agent guarantees the lowest rates because they can shop around, but that assumption is not true either. In many cases, exclusive agencies have coverage prices that cannot be beaten by either independent or direct companies.

Because it’s impossible to say who has the best auto insurance rates, the best method to ensure the lowest rates is to compare rate quotes from as many companies as possible. We recommend you get price quotes all three ways in order to be able to find the lowest price. For a list of companies with some of the cheapest South Carolina auto insurance rates, click here to view.

How to find more affordable insurance for a Chevrolet Equinox

It’s not impossible to find cheaper rates, and here are many penny-pinching suggestions that can help you find cheap coverage.

• Safe vehicles cost less to insure
• Do not insure for full coverage
• Raise your physical damage coverage deductibles
• Being accident-free can lower rates significantly
• Good credit scores may lower your rates
• Avoid speeding and other traffic citations and pay less
• Shop around for lower rates once a year

That last tip is extremely necessary, as we emphasized in the article above. Coverage rates in South Carolina can change in a short period of time, so don’t be tentative to change insurance companies if you can save money. We understand brand loyalty, but is isn’t recommended if that inflexibility results in costing you hundreds of dollars a year. In just a few minutes you could compare prices to find cheaper car insurance for a Chevrolet Equinox.