Who Has the Cheapest Insurance for a Chevrolet Equinox in Tennessee?

When talking about auto insurance, the words “affordable” or “cheap” really should not be used anywhere in the article. Forgive the oxymoron, but cheap auto insurance for a Chevrolet Equinox just does not exist. Don’t let that bother you, though, because we will teach you how you can quote and buy car insurance that won’t break your budget.

The chances that you’ll find the best cheap coverage for a Chevrolet Equinox in Tennessee is dependent upon a very complex rating algorithm that uses multiple factors like if you rent or own your home, if you have ever let your coverage lapse, and the level of deductible you choose. Tennessee drivers will pay around $1,240 each year to insure a Chevrolet Equinox, but that price is a projection based upon a 30-year-old single female that has both comprehensive and collision coverage and $100 policy deductibles.

More likely than not, you are not 30 years old and maybe not even female, you might be married instead of single, and maybe your credit level is not the same as what was rated. Having just a slight change in rating factors or requested coverage amount could end up with a large change in rate quotes.

Every policy is rated specifically for the driver, so the best method for finding cheap auto insurance rates for your Chevrolet is to make a habit of regularly comparing rates from other companies. It only takes a few minutes and you will receive price comparisons from some of the best companies around.

Click to Compare Rates Now

The specific trim level will most likely have an effect on the cost of coverage, so the price you will pay to insure a Equinox LS 2WD model will be $134 lower than the insurance cost for the more costly Equinox LTZ AWD model, as shown in the table below.

Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Price information does not factor in vehicle location which can lower or raise rates considerably.

Finding the best auto insurance company can be rather challenging considering how many different companies insure vehicles in Tennessee. The company ratings shown next may help you decide which auto insurance companies to look at when comparing rate quotes. These rankings are only comprised of major nationwide insurance companies, so companies that only write business in Tennessee or surrounding areas are not included in these rankings.

Top 10 Major Car Insurance Companies in Tennessee Ranked by Value

1. Travelers
2. American Family
3. Safeco Insurance
4. AAA Insurance
5. The Hartford
6. Progressive
7. Erie Insurance
8. Esurance
9. 21st Century
10. Titan Insurance

Top 10 Major Car Insurance Companies Overall in Tennessee

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

Top Companies for Chevrolet Equinox Insurance in Tennessee

Get discounts on Tennessee car insurance

Insurance providers that offer the cheapest insurance for a Chevrolet Equinox in Tennessee may provide price discounts that can lower rates by 35% or more if you meet specific eligibility requirements. Popular auto insurance companies and their offered discounts are included below.

The diagram below illustrates the comparison of yearly insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, no accidents, no driving violations, Tennessee state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with marriage, multiple policy, accident-free, multiple vehicle, anti-theft, and claim-free discounts applied. When these discounts are applied, the the average yearly reduction on auto insurance for a Chevrolet Equinox is 33% or $711.

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How to find more affordable car insurance for a Chevrolet Equinox

It is possible to find better rates, and here are some thrifty suggestions that can help you quote the cheapest car insurance.

• Avoid price increases by not filing claims
• Home or renters coverage can save on auto insurance
• Buy a car with high safety ratings
• Violations and traffic tickets increase rates
• Being accident-free can lower rates significantly
• Compare rates regularly to ensure the best deal

That final tip is extremely critical, as we pointed out in this piece. Insurance rates adjust frequently, so drivers shouldn’t be reluctant to switch companies if you can find a cheaper rate.

Having brand loyalty is commendable, but it’s not a good idea if that devotedness results in you overpaying a fortune every year. In less than five minutes you could compare prices to find cheaper auto insurance for a Chevrolet Equinox.

Best cheap Chevrolet Equinox insurance quotes

Due to technology, there are many ways to get affordable auto insurance quotes in Tennessee, but the most popular methods are using an independent or non-exclusive agent, an exclusive insurance agency like State Farm or Liberty Mutual, or direct online or over the phone from a company like Progressive or Geico. All three ways are similar, but each is slightly different in how they work.

Independent agents can place your business with multiple companies and can get rate quotes from each one. Agents of this type are not required to write business for one company and can provide you with more rate quotes, which can help you get better odds of saving money. If cheaper coverage is found, your agent can switch companies and you don’t have to switch agencies.

An exclusive agent is only able to give prices for one insurance company, two popular examples being State Farm and Allstate agents. They usually cannot quote prices from more than just one company, so if rates are not competitive, they cannot give other choices.

If you choose to buy auto insurance direct, you bypass an independent or exclusive agent and instead shop from a direct company like Esurance or Progressive. Buying direct may be preferred by consumers who have fewer assets and understand what is covered and what is not.

When shopping for auto insurance, which way works best to find the cheapest insurance for a Chevrolet Equinox in Tennessee? It would be premature to say buying from a direct car insurance company results in the best prices because you bypass the middleman, but that is not always the case. It could also be said an independent agent can save the most money due to more options, but that assumption is also not accurate. And occasionally, exclusive agents have coverage prices that independents and direct companies can’t touch.

Due to the large number of rating factors, the only true way to find out which one is cheapest is to do a thorough rate comparison. If you have the time, get price quotes from independent, exclusive, and direct in order to have the best selection to choose from. For a list of companies offering online discounts, click here to view.