Finding cheap car insurance for a Chevrolet Equinox in Pennsylvania relies on a lot of rating criteria such as the safety rating of your vehicle, what you do for a living, and any past driving violations you may have had. Drivers pay around $894 each year to insure their Equinox, but that is an estimate based upon a 40-year-old married female driver with full comprehensive and collision coverage and $500 deductibles.
The problem with using this number is the good chance you may not be 40 years old (or even female), you might be single instead of married, or maybe you have a speeding ticket or two that will increase rates. Have just a small change in rating criteria can make a large difference in how much coverage for a Chevrolet Equinox costs.
There is no perfect policy for every driver, so the way we recommend to find cheap insurance rates for your Chevrolet is to compare as many rates as possible. Quotes are free and you will be able to compare rates from some of the most affordable companies in Pennsylvania.
Your vehicle’s trim level can impact the annual cost of coverage, so the price to insure a Equinox LS 2WD model will be $84 cheaper than the price to insure the higher-priced Equinox LTZ AWD model, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $178 | $338 | $346 | $20 | $104 | $986 | $82 |
| Equinox LT 2WD | $178 | $338 | $346 | $20 | $104 | $986 | $82 |
| Equinox LS AWD | $178 | $338 | $346 | $20 | $104 | $986 | $82 |
| Equinox LT AWD | $178 | $338 | $346 | $20 | $104 | $986 | $82 |
| Equinox LTZ 2WD | $200 | $400 | $346 | $20 | $104 | $1,070 | $89 |
| Equinox LTZ AWD | $200 | $400 | $346 | $20 | $104 | $1,070 | $89 |
| Equinox LTZ AWD | $200 | $400 | $346 | $20 | $104 | $1,070 | $89 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Price information does not factor in vehicle garaging location which can affect premiums greatly.
Figuring out which company offers the lowest-priced auto insurance rates for a Chevrolet Equinox may require a little more sweat than just comparing rates from one or two companies.
Each company has a proprietary formula to set their prices, so let’s rank the most competitive auto insurance companies in Pennsylvania.
Find Cheaper Auto Insurance for Your Equinox
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | General Casualty | $718 |
| 2 | Erie | $800 |
| 3 | Travelers | $803 |
| 4 | USAA | $817 |
| 5 | Penn National | $832 |
| 6 | Auto-Owners | $1,003 |
| 7 | Atlantic States | $1,016 |
| 8 | Amica | $1,022 |
| 9 | Donegal Mutual | $1,069 |
| 10 | Allied | $1,155 |
| 11 | GEICO | $1,157 |
| 12 | State Farm | $1,198 |
| 13 | California Casualty | $1,198 |
| 14 | State Auto | $1,267 |
| 15 | Encompass | $1,344 |
| 16 | Harleysville | $1,396 |
| 17 | Progressive | $1,429 |
| 18 | Nationwide | $1,433 |
| 19 | Mutual Benefit Group | $1,439 |
| 20 | Chubb | $1,551 |
| Find Your Rate Go | ||
General Casualty has some of the best car insurance rates in Philadelphia at around $718 a year. This is $939 less than the average rate paid by Pennsylvania drivers of $1,657. Erie, Travelers, USAA, and Penn National also rank well as some of the cheaper Philadelphia, PA insurance companies.
In the above rates, if you are currently insured with Erie and switched to General Casualty, you could earn annual savings of roughly $82. Drivers with Travelers could save as much as $85 a year, and USAA policyholders might lower prices by up to $99 a year.
Remember that these premiums are averages across all insureds and vehicles and and are not calculated with a specific vehicle garaging location for a Chevrolet Equinox. So the company that can offer you the best rate may not even be in the top 30 companies shown above. That emphasizes why you need to compare as many prices as possible using your own driver and vehicle profiles.
Full coverage rates compared to liability only
Saving money on auto insurance is the goal of most people, and one easy way to buy cheaper insurance for a Chevrolet Equinox is to buy liability only. The information below compares car insurance rates with full physical damage coverage compared to only buying liability only. The price estimates are based on no accidents, no driving violations, $100 deductibles, marital status is single, and no discounts are applied to the premium.
As an overall average, comprehensive and collision coverage on your policy costs $2,240 per year over liability only. That may make you wonder if full coverage is worth the money. There is no definitive formula of when to drop comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your vehicle’s replacement cost is $9,500 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $8,500 after paying your policy deductible. If premium cost is more than $850 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are a few situations where buying only liability insurance is not a good plan. If you haven’t satisfied your loan, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage in place.
How accidents and tickets impact rates in Philadelphia
A great way to maintain low auto insurance premiums in Philadelphia for an Equinox is to drive safely and avoid traffic citations and accidents. The chart below illustrates how traffic citations and at-fault accidents can drive up auto insurance costs for each age group. The data is based on a married female driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
In the example above, the average cost of car insurance in Pennsylvania per year with no accidents and a clean driving record is $1,726. Get written up for two speeding tickets and the average cost hikes up to $2,461, an increase of $735 each year. Then add two accidents along with the two speeding tickets and the 12-month cost of auto insurance for a Chevrolet Equinox goes up to an average of $5,063. That’s an increase of $3,337, or $278 per month, just for being a little careless behind the wheel!
You may be paying too much for Equinox insurance
Pennsylvania auto insurance rates are calculated based on many things that control the policy price. Simply having a birthday, having a teen driver, or getting caught speeding may prompt premium changes resulting in some rates now being much cheaper than others. Not only may things change on your end, but insurers amend pricing every year or even multiple times each year in order to maintain liquidity for claims. Higher than usual claims can result in rate hikes, while a lower level of claims may cause lower-cost Equinox insurance rates.
The data below shows the cheapest car insurance in Philadelphia, PA for a 40-year-old male driver with no prior accidents, a clean driving record, and a decent credit rating. If we compare prices based on his current rating profile, General Casualty has the best car insurance rates in Philadelphia at $1,699 annually. This is $42 more than the average rate paid by Pennsylvania drivers of $1,657. USAA, Erie, Travelers, and Penn National are also on the list of the most affordable Philadelphia, PA auto insurance companies.
The next chart shows rates after we give the driver from the first example a claim surcharge, poor credit, and an imperfect driving record. Due to the fact that each insurance company uses their own method to set premium rates, analyzing rates could result in a different ranking of the cheapest Philadelphia car insurance companies as shown below.
Amica now has the lowest price on auto insurance in Philadelphia with Atlantic States, Donegal Mutual, GEICO, and USAA completing the list. This example proves why Pennsylvania drivers need to take the time to shop around when trying to find the cheapest car insurance quotes for a Chevrolet Equinox. Rates are determined by many things and can decrease or increase without notice, so the most economical option two years ago may now not even be in the top five.
How to find budget-friendly insurance for a Chevrolet Equinox
Lowering your rates is not difficult, and here are many penny-pinching solutions that can help Pennsylvania drivers get more affordable coverage.
- Increase deductibles to save money
- Save money by insuring older vehicles for liability only
- Improve your credit rating
- Violations like speeding or DUI increase rates
- Buy vehicles with good safety ratings
- Maintain a safe distance and avoid accidents
- Compare prices as often as possible
The last idea is extremely significant, as was noted in this piece. Coverage rates in Philadelphia go up and down frequently, so drivers shouldn’t be resistant to switch to a new company if a cheaper rate is available. Having a favorite company is great, but it’s not recommended if that faithfulness ends up costing you several hundred dollars every year. Spend a few minutes and compare rates to find cheaper car insurance for a Chevrolet Equinox.