Finding cheaper insurance for a Chevrolet Equinox in Colorado is dependent upon a lot of different factors such as how you use your Equinox, your credit score, and the level of deductible you choose. Drivers in Colorado pay on average $962 per year to insure their Equinox, but that price is a valuation based on a 50-year-old married male driver with both comprehensive and collision coverage and $250 deductibles.
The issue that arises when projecting rates is that it’s very likely that you are not 50 and maybe not even a male, maybe you are single instead of married, and maybe your Equinox is older and does not require full coverage. Auto insurance is not the same for everyone, so the only way to find the cheapest rates for your Chevrolet is to compare as many rates as you can.
Your Chevrolet’s trim level impacts price, so the price you will be charged to insure a Equinox LS 2WD will be $96 less than the cost to insure the higher-end Equinox LTZ AWD model, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$212||$388||$338||$20||$100||$1,058||$88|
|Equinox LT 2WD||$212||$388||$338||$20||$100||$1,058||$88|
|Equinox LS AWD||$212||$388||$338||$20||$100||$1,058||$88|
|Equinox LT AWD||$212||$388||$338||$20||$100||$1,058||$88|
|Equinox LTZ 2WD||$238||$458||$338||$20||$100||$1,154||$96|
|Equinox LTZ AWD||$238||$458||$338||$20||$100||$1,154||$96|
|Equinox LTZ AWD||$238||$458||$338||$20||$100||$1,154||$96|
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Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Prices do not factor in specific garaging location which can impact coverage rates greatly.
How to find a good Denver insurance company
Choosing a highly-rated auto insurance company can be difficult considering how many companies are available to choose from in Denver. The ranking data shown next may help you decide which coverage providers to look at when comparing rate quotes.
The rankings below are only comprised of companies with a national presence, so companies that focus mainly on Colorado business will not be included in the list. To get price quotes from these and other competitive companies, simply click here.
Top 10 Large Auto Insurance Providers in Denver Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- Allstate – 88%
- 21st Century – 88%
- The General – 88%
Top 10 Large Auto Insurance Providers Overall in Denver
- American Family
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
The chart below demonstrates how choosing different deductibles can raise or lower insurance costs when trying to find cheap insurance for a Chevrolet Equinox. The information is based on a married female driver, full coverage, and no discounts are applied to the premium.
A 30-year-old driver could pocket $334 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $502 by choosing a $1,000 deductible. Younger drivers, like the 20-year-old, could lower their rates up to $712 or more just by choosing higher deductibles when buying full coverage. When choosing a higher deductible, it is a good idea to have enough in a savings account to allow you to cover the extra out-of-pocket expense associated with higher deductibles.
Discounts on Denver insurance rates
Car insurance companies that offer quotes for a Chevrolet Equinox may also offer premium discounts that could lower prices by 25% or more if you meet the requirements. A few popular companies and a summarized list of policyholder discounts are included below.
- Progressive may offer discounts for multi-vehicle, good student, continuous coverage, multi-policy, online quote discount, and homeowner.
- MetLife discounts include defensive driver, multi-policy, claim-free, accident-free, and good driver.
- Mercury Insurance has discounts for type of vehicle, annual mileage, professional/association, good student, and age of vehicle.
- Nationwide offers premium reductions for Farm Bureau membership, business or organization, multi-policy, good student, and anti-theft.
- GEICO policyholders can earn discounts including emergency military deployment, anti-lock brakes, daytime running lights, defensive driver, good student, and five-year accident-free.
- AAA offers discounts for multi-policy, AAA membership discount, good driver, education and occupation, good student, and anti-theft.
The information below illustrates the difference between annual premium costs with and without discounts applied to the rates. The premium estimates are based on a female driver, a clean driving record, no claims, Colorado state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with accident-free, homeowner, safe-driver, multiple vehicle, claim-free, and passive restraint discounts applied. When discounts are factored in, the average savings per year on insurance for a Chevrolet Equinox is 28% or $625.
How to find more affordable car insurance for a Chevrolet Equinox
The list below summarizes a few thrifty suggestions that can help drivers get cheaper car insurance.
- Maintain a safe distance and avoid accidents
- Vehicles with good safety ratings are usually cheaper to insure
- Buying your home and auto policies from the same company can earn a discount
- Higher credit scores can equal lower rates
- Remove physical damage coverage on older vehicles
- Keep rates low by shopping around frequently
The last tip is very valuable, as was discussed in this article. Coverage rates can be changed at any time, so drivers shouldn’t be reluctant to change to a new company if a better deal can be had.
Many drivers prefer to stick with one company, but we do not recommend it if that devotion results in you overpaying hundreds every year. It only take a few minutes to shop around to find cheaper insurance for a Chevrolet Equinox in Denver.
The agencies below are a good start to help you determine which coverages are best, since many consumers aren’t sure which coverage to buy and prefer to have some professional guidance when trying to find lower insurance rates for an Equinox. It can be complicated to do it yourself, so insurance agents licensed in the state of Colorado can provide you peace of mind knowing you have adequate protection in case of an accident or claim. To find a Denver insurance agent nearest to you, click the button below the list or click here to compare price quotes.
- Blanca Kerschen – State Farm Insurance Agent
4840 Chambers Rd b – Denver, CO 80239 – (303) 595-9000
- American Family Insurance – Abbie Davis Tanner Agency Inc
2855 Speer Blvd Suite D – Denver, CO 80211 – (303) 333-0205
- L A Insurance
2684 S Broadway – Denver, CO 80210 – (303) 282-8000
- Joe Adams – State Farm Insurance Agent
4110 8th Ave – Denver, CO 80220 – (303) 388-4949
- Rick Emerson Jr. – State Farm Insurance Agent
4800 Happy Canyon Rd #230 – Denver, CO 80237 – (303) 781-1133