Cheap Insurance for a Chevrolet Equinox in Indiana

Your ability to find the cheapest insurance for a Chevrolet Equinox in Indiana depends on a very complex rating algorithm that uses multiple factors like whether the vehicle is new, the performance level of your vehicle, and driving violations and tickets. Indiana drivers pay on average $1,010 per year to buy Chevrolet Equinox insurance, but that policy rate is an approximation that rates a 30-year-old single male that purchased full physical damage coverage and $250 physical damage deductibles.

There is a good probability you’re not a 30-year-old male, possibly married instead of single, or maybe you have a teen driver on your policy that needs to be considered. Just a slight difference in rating variables may result in significant differences in the rate quoted for a Chevrolet Equinox.

Insurance is an individual thing, so the best way to quote cheap insurance prices for your Chevrolet is to comparison shop your policy at every renewal or at least every couple of years.

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The specific trim level will likely have an effect on the cost of insurance, so the price you will pay to insure a Equinox LS 2WD model will be $96 less than the price to insure the more well-appointed Equinox LTZ AWD version, as shown by the rates below.

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Price estimates do not factor in specific Indiana garaging location which can modify auto insurance rates significantly.

Figuring out which companies quote the cheapest insurance rates for a Chevrolet Equinox involves more work in order to find the lowest price quote. Every car insurance company has a proprietary method to determine rates, so to begin we’ll rank the lowest cost insurance companies in Indiana.

It’s a good idea to be aware that Indiana insurance rates are determined by lots of factors that will increase or decrease the price you have to pay for coverage. Turning one year older, getting divorced, or getting a few speeding tickets may generate price changes resulting in some companies being cheaper than others.

Best Car Insurance Prices for Your Equinox

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Travelers normally has some of the best car insurance rates in Indiana at around $596 per year. USAA, Cincinnati Insurance, Erie, and Western Reserve would also be considered some of the more affordable Indiana insurance companies.

As shown in the table above, if you buy coverage from Erie and switched to USAA, you may see a yearly price reduction of in the neighborhood of $65. Insureds with Western Reserve could save as much as $203 a year, and Indiana Farmers Mutual customers might cut rates by $206 a year.

Remember that these premium estimates are averaged across all drivers and vehicles in Indiana and do not take into consideration a specific rate value for a Chevrolet Equinox. So the company that can offer you the best rate may not even be in the above list. That affirms the importance of why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Discounts on Indiana insurance rates

Car insurance companies that sell cheap insurance for a Chevrolet Equinox in Indiana may also offer policy discounts that can lower rates by as much as 40% or more if you are eligible for them. A few popular companies and some of the discounts are included below.

• State Farm offers discounts including accident-free, passive restraint, Steer Clear safe driver discount, anti-theft, good student, and multiple policy.
• Nationwide offers premium reductions for defensive driving, family plan, good student, multi-policy, accident-free, anti-theft, and Farm Bureau membership.
• GEICO offers discounts for military active duty, daytime running lights, emergency military deployment, anti-lock brakes, and multi-policy.
• AAA has savings for multi-policy, good driver, good student, anti-theft, and education and occupation.
• 21st Century has discounts for homeowners, automatic seat belts, good student, student driver, theft prevention, driver training, and early bird.
• The Hartford includes discounts for defensive driver, bundle, vehicle fuel type, air bag, and anti-theft.

The illustration below shows the comparison of insurance prices with and without discounts applied. The prices are based on a male driver, no tickets, no at-fault accidents, Indiana state minimum liability limits, full physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with vehicle safety, passive restraint, claim-free, anti-theft, safe-driver, and defensive driving course discounts applied. When drivers take advantage of discounts, the the average yearly reduction on insurance for a Chevrolet Equinox is 28% or $415.

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Allstate, Geico, Progressive, or State Farm: Who is cheapest?

When shopping for auto insurance, four good companies to start with are Allstate, Geico, Progressive, and State Farm. Combined they make up over 48% of the entire U.S. market share. The table below ranks some of the ratings and options that are available from each company.

Who has the cheapest Chevrolet Equinox insurance quotes?

There are many different ways to compare insurance quotes in Indiana, but the three most common ways are through an independent insurance agent, an exclusive insurance agent such as Allstate or Auto-Owners, or from a direct company like Geico or Progressive. You can use whichever method you prefer, but buyers should know the differences in how they function.

Independent insurance agents work with multiple companies and can compare rates with each one. These types of agencies can compare multiple rates, which can give you a better comparison. If cheaper coverage is found, your agent can switch companies and you don’t have to switch agencies.

A captive or exclusive agent is ‘exlusive’ to just one company such as Farmers Insurance or State Farm agents. Exclusive agencies are unable to place coverage with different providers, so if finding the cheapest coverage is your goal, you will need to shop around.

Buying from a direct company means forego the middleman (the agent) and buy from a direct company like Progressive or Esurance. This option may be preferred by families who do not need risk management and understand the limitations of their policy.

Which way works best for finding cheap insurance for a Chevrolet Equinox in Indiana? We wish we could say shopping direct yields the cheapest rates since there is no middleman, but that is generally not the case. And we’d like to say going through an independent agent guarantees the lowest rates since they have access to many companies, but that assumption is also not accurate. In many circumstances, the exclusive agents have coverage prices that are impossible to beat.

Because it’s impossible to say who has the best insurance rates, the only true way to buy the cheapest policy is to get rate quotes and compare. If you want to save money, get prices from all three types to have the best selection of rates to choose from. To see some of the cheapest online companies available, click here to view.

How to get cheap insurance for a Chevrolet Equinox in Indiana

The list below shows many thrifty suggestions that can help Indiana drivers find cheaper car insurance.

• Save money by bundling your home and auto policies
• Full coverage may not be needed on older vehicles
• At-fault accidents can raise rates significantly
• Safe vehicles cost less to insure
• Pay lower rates with good credit
• Compare rates regularly and switch companies to save money

The last suggestion is particularly critical, as was stressed in the prior information. Insurance prices in Indiana fluctuate constantly, so don’t hesitate to switch carriers if a more affordable rate is found.

We understand brand loyalty, but it’s not a good idea if that stubbornness costs you potentially thousands of dollars a year. Take a few minutes and shop around to find cheaper car insurance for a Chevrolet Equinox.