How Much Does Insurance Cost for a Chevrolet Equinox in New Hampshire?

The chances that you’ll find cheaper coverage for a Chevrolet Equinox in New Hampshire depends upon a complicated rating formula that uses factors like how far you drive to work, your credit score, and any past driving violations you may have had. Drivers will pay on average $930 a year to insure their Equinox, but that policy rate is an approximation based on rates for a 30-year-old single female that has full physical damage coverage and $250 deductibles.

If we were betting, you may not be 30 years old (or even female), you might be married instead of single, or maybe your Equinox is an older model. Just a slight difference in rating variables can produce large changes in price quotes.

Everyone has unique insurance needs, and this illustrates why the best method for finding the cheapest coverage for your Chevrolet is to just take the time to compare rates yourself.

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The trim level of your Equinox will be a contributing factor to the annual cost of coverage, so the price you will pay to insure a Equinox LS 2WD will be $94 lower than the price to insure the more costly Equinox LTZ AWD version, as shown in the prices below.

Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and New Hampshire minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in New Hampshire location which can raise or lower coverage prices noticeably.

Deciding which insurers offer the lowest-priced car insurance rates for a Chevrolet Equinox will require a little more work in order to find the best policy.

Every car insurance company uses a slightly different approach for establishing rates, so we’ll take a look at the car insurance companies with the overall best prices in New Hampshire.

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Concord may offer some of the lowest car insurance rates in New Hampshire at around $691 a year. Travelers, Patriot, USAA, and Vermont Mutual would also make the list of some of the most economical New Hampshire car insurance companies.

In the rate table above, if you are currently insured with Vermont Mutual and switched to Travelers, you could see savings of around $171. Insureds with Amica might save as much as $178 a year, and Encompass policyholders might lower prices by up to $323 a year.

If you want to see how much you could save, click here to get a free quote or visit several of the following companies.

Bear in mind that those prices are averages for all types of insureds and vehicles and and are not figured with a specific rating modification for a Chevrolet Equinox. So the auto insurance company that is most affordable for your situation may not even be in the chart above. That illustrates why you need to quote rates from many companies using your own driver data and vehicle information.

Violations and accidents raise rates

A great way to enjoy cheap car insurance prices in New Hampshire for an Equinox is to drive safely and avoid accidents and violations. The diagram below highlights how traffic violations and at-fault collisions influence auto insurance costs for each different age group. Data assumes a married female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and Two Accidents’],[‘Age 20’, 1953,2175,3989],[‘Age 30’, 1375,1597,3415],[‘Age 40’, 1357,1577,3393],[‘Age 50’, 1189,1409,3225],[‘Age 60’, 1135,1355,3173],[‘Age 70’, 1215,1437,3255]]);var options = {title: ‘Effect of Violations and Accidents on New Hampshire Chevrolet Equinox Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Equinox in New Hampshire’,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);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data charted above shows the average cost of an auto insurance policy in New Hampshire per year with a clean driving record and no accidents is $1,371. Get written up for one speeding ticket and the average cost swells to $1,592, an increase of $221 each year. Now add in two accidents along with the one speeding ticket and the yearly cost of car insurance for a Chevrolet Equinox increases to an average of $3,408. That’s an increase of $2,038, or $170 per month, just for being a little careless behind the wheel!

The example below demonstrates how deductible levels can raise or lower annual premium costs when researching cheap insurance for a Chevrolet Equinox. The data assumes a single male driver, full coverage, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3057,2769,2453,2159],[‘Age 30’, 1571,1437,1281,1131],[‘Age 40’, 1569,1425,1265,1111],[‘Age 50’, 1423,1295,1151,1013],[‘Age 60’, 1377,1253,1115,983],[‘Age 70’, 1657,1517,1363,1215]]);var options = {title: ‘Impact of Deductible Levels on Chevrolet Equinox Insurance Rates in New Hampshire’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Equinox’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The chart above illustrates that a 30-year-old driver could save $304 a year by increasing from a $100 deductible to a $500 deductible, or save $458 by choosing a $1,000 deductible. Young drivers, such as the 20-year-old example, could reduce their rates $898 annually just by choosing higher deductibles.

When increasing deductibles, it is important to have plenty of discretionary funds to offset the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

How to find low-cost car insurance for a Chevrolet Equinox

It’s not impossible to find cheaper rates, and here are many thrifty solutions that can help New Hampshire drivers buy lower-cost auto insurance.

• Staying accident-free helps keep rates low
• Raise your deductibles
• Safe vehicles cost less to insure
• Drop full coverage on older vehicles
• Tickets and violations raise rates
• Good credit can help you save money
• Compare rate quotes frequently

The last suggestion is particularly necessary, as we noted in this article. Insurance prices vary considerably, so don’t be tentative to buy from a new company if a more affordable price is available.

Having a favorite company is great, but is isn’t recommended if that stubbornness costs you a small fortune. In less than five minutes you could shop around and find cheaper auto insurance for a Chevrolet Equinox.

Who has the cheapest Chevrolet Equinox insurance quotes?

Drivers have a lot of ways to purchase car insurance in New Hampshire, but the most preferred ways are using a captive (or exclusive) agent such as State Farm or Auto-Owners, an independent agent, or direct online or over the phone from a company like Geico or Progressive.

All three ways can provide car insurance quotes, but they differ slightly in how they price policies.

Independent agents are appointed by several companies and can get policy pricing from each one. Agents of this type do not write with just one company and can quote rates with many companies, which may give you the best shot at cutting your rates. If you are not satisfied with one company, your agent can switch companies which requires no work on your part.

An exclusive ageny is only able to quote rates with a single company, for example a Farmers or Allstate agent. They usually cannot provide rate quotes from other companies, so they have to upsell other benefits.

Buying from a direct company means bypass local agents and buy from a direct company like Geico or Esurance. Shopping direct can be good for families who have fewer assets and have a decent understanding of what car insurance covers.

So which method is best for finding cheap insurance for a Chevrolet Equinox in New Hampshire? We’d like to say buying from a direct car insurance company yields the cheapest rates because there isn’t an agent involved, but in reality, that is not the case. An argument could also be made that buying car insurance from an independent agent results in the cheapest rates since they have access to many companies, but that is not necessarily true either. In many circumstances, exclusive agencies have coverage prices that other car insurance companies cannot touch.

Due to the large number of rating factors, the guaranteed way to get rock-bottom rates is to do a thorough rate comparison. The ideal approach is to get quotes from all three to have the best rate selection. To see some of the cheapest online companies available, click here to view.