Cheap Insurance for a Chevrolet Equinox in Arizona

The chances of buying affordable coverage for a Chevrolet Equinox in Arizona hinges on lots of different factors like whether or not you are married, your address, and the level of deductible you choose. Drivers in Arizona on average pay approximately $640 annually to insure a Chevrolet Equinox, but that is a ballpark figure based on a 50-year-old married male that purchased full coverage and $1,000 deductibles.

It’s more than likely you’re not a 50-year-old male, maybe you are single instead of married, or you need different physical damage deductibles. Every driver has a different risk profile, so the only way to find cheap auto insurance rates for your Chevrolet is to make a habit of regularly comparing rates from other companies. In just a couple of minutes you will receive price comparisons from the best companies available.

Compare Rates and Save

Vehicle trim level will likely have an effect on price, so the price you pay to insure a Equinox LS 2WD will be $52 less than the cost to insure the higher-end Equinox LTZ AWD model, as shown in the prices below.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Prices do not factor in specific Arizona garaging location which can increase or decrease auto insurance rates noticeably.

Best auto insurance company in Arizona

Choosing the highest-rated auto insurance provider can be challenging considering how many different companies insure vehicles in Arizona. The company information displayed below could help you analyze which auto insurance companies you want to consider when trying to find cheaper insurance for a Chevrolet Equinox. These ratings include companies who write in the majority of U.S. states, so smaller regional companies are not factored into these rankings.

Difference between liability only and full coverage rates

Finding cheap insurance for a Chevrolet Equinox in Arizona is important to the majority of people, and an effective way to find cheaper insurance is to buy only liability coverage. The chart below compares annual premium costs with full coverage compared to only the Arizona minimum liability coverage. The price estimates are based on no violations or claims, $1,000 deductibles, single status, and no discounts are factored in.

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On average, physical damage coverage costs an additional $1,491 per year more than buying just liability insurance. That amount may make you wonder if paying for full coverage is worth it. There is no exact formula to exclude comp and collision coverage, but there is a broad guideline. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, then it might be time to buy liability only.

For example, let’s say your vehicle’s replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $2,000 after paying the physical damage deductible. If you are paying over $200 annually for physical damage coverage, then it might be time to consider dropping full coverage.

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

If you are shopping around for insurance for an Equinox in Arizona, four companies you’ll want quotes from are State Farm, Allstate, Progressive, and Geico. The following table compares some of the different options that are available for customers.

Best cheap Chevrolet Equinox insurance quotes

Due to technology, there are many ways to shop around for auto insurance in Arizona, but the most frequently used methods are from an independent insurance agent, an exlusive agent such as State Farm or Auto-Owners, or from a direct company like Geico. They all have the same end result, but it’s good to know the differences in how they price policies.

Independent agencies work for many companies and can get rate quotes from each one. These types of agents possess the freedom to get prices from more than one company, which can help you get the best chance of finding a lower price. If your agent finds a cheaper company, the agent simply finds a different carrier which is easy for the insured.

Exclusive agencies are able to place business with just one company, a couple examples are a Farmers or Allstate agent. They generally cannot place coverage with different providers, which will not provide a complete price comparison.

Auto insurance from a direct company means you do not use the middleman (the agent) and instead buy buying direct from a company like Geico or Progressive. Shopping for auto insurance direct can be good for drivers who do not need high amounts of coverage and have knowledge of what coverages, limits, and deductibles they need.

So out of those three methods, which one works best to buy cheap insurance for a Chevrolet Equinox in Arizona? Our initial answer would be buying from a direct car insurance company results in the cheapest rates since there isn’t an agent involved, but in reality, that argument does not hold true. A good argument could also be made that an independent agent results in the best rates because they can shop around, but that assumption is not true either. For the right applicant, the exclusive agents have price quotes that cannot be met by either independent or direct companies.

Because of the variability of auto insurance rates, the best way to get the lowest rate is to get quotes and compare the rates. To find the best rates, be sure to get rate quotes from independent agents, exclusive agents, and direct companies in order to find the best price. For a list of companies with cheap rates in Arizona, click here to view.

How to find more affordable auto insurance for a Chevrolet Equinox

Lowering your rates is not difficult, and here are a few money-saving ideas that can help you buy the cheapest coverage.

• Bundle home and auto and save
• Keep your driving record clean
• Avoid at-fault accidents and claims
• Drive vehicles with five-star safety ratings
• Pay for smaller claims out-of-pocket
• Look for cheaper rates once a year by shopping around

That final tip is certainly necessary, as was affirmed in the prior article. Insurance prices in Arizona fluctuate constantly, so don’t be tentative to switch to a new company if a lower price can be found.

Brand loyalty is great, but it isn’t a good idea if that loyalty ends up costing a small fortune year after year. It takes less than five minutes to compare prices and find cheaper insurance for a Chevrolet Equinox.