Chevy Equinox Insurance Quotes in San Antonio

Has it been over a year since you last compared quotes for more competitive Chevy Equinox insurance in San Antonio? There isn’t anyone who loves paying for car insurance, particularly when they are paying too much.

Insurance for Chevy EquinoxSad but true, nearly 70% of consumers have stayed with the same insurance company for at least four years, and nearly half have never compared rates to find lower-cost insurance. With the average premium in Texas being $2,680, drivers can save nearly 70% each year by just shopping around, but they don’t want to spend time to shop around.

Companies like Allstate and Progressive increase brand awareness with fancy advertisements and it is challenging if not impossible to see past the geckos and flying pigs and do the work needed to find the best deal.

Informed Consumers Save Every Year

A large part of saving on auto insurance is knowing some of the things that help determine the rates you pay for auto insurance. If you understand what determines base rates, this helps enable you to make changes that could result in much lower annual insurance costs. Many factors are considered when quoting car insurance. Some are obvious such as your driving history, although some other factors are less obvious like your continuous coverage and annual miles driven.

Insurance coverage analysis

The rate information shown next highlights estimates of policy rates for Chevy Equinox models. Knowing how rates are figured helps drivers make decisions when shopping around.


Chevrolet Equinox Insurance Rates in San Antonio, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $364 $728 $514 $30 $154 $1,790 $149
Equinox LT 2WD $364 $728 $514 $30 $154 $1,790 $149
Equinox LS AWD $364 $728 $514 $30 $154 $1,790 $149
Equinox LT AWD $364 $728 $514 $30 $154 $1,790 $149
Equinox LTZ 2WD $410 $858 $514 $30 $154 $1,966 $164
Equinox LTZ AWD $410 $858 $514 $30 $154 $1,966 $164
Equinox LTZ AWD $410 $858 $514 $30 $154 $1,966 $164
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Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in zip code location which can decrease or increase rates considerably.

Can higher deductibles save money?

When shopping for insurance, a common question is where should you set your physical damage deductibles. The comparison tables below lay out the price difference between low and high comp and collision deductibles. The first rate table uses a $250 deductible for comp and collision and the second rate table uses a $1,000 deductible.


Chevrolet Equinox insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $294 $496 $382 $22 $114 $1,333 $111
Equinox LT 2WD $294 $496 $382 $22 $114 $1,333 $111
Equinox LS AWD $294 $496 $382 $22 $114 $1,333 $111
Equinox LT AWD $294 $496 $382 $22 $114 $1,333 $111
Equinox LTZ 2WD $332 $584 $382 $22 $114 $1,459 $122
Equinox LTZ AWD $332 $584 $382 $22 $114 $1,459 $122
Equinox LTZ AWD $332 $584 $382 $22 $114 $1,459 $122
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Chevrolet Equinox insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $182 $312 $382 $22 $114 $1,012 $84
Equinox LT 2WD $182 $312 $382 $22 $114 $1,012 $84
Equinox LS AWD $182 $312 $382 $22 $114 $1,012 $84
Equinox LT AWD $182 $312 $382 $22 $114 $1,012 $84
Equinox LTZ 2WD $206 $368 $382 $22 $114 $1,092 $91
Equinox LTZ AWD $206 $368 $382 $22 $114 $1,092 $91
Equinox LTZ AWD $206 $368 $382 $22 $114 $1,092 $91
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Estimates do not factor in specific location which can affect prices greatly.

We can derive from the above data that using a $250 deductible will cost you approximately $29 more each month or $348 each year than buying the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 26 months between claim filings, you would probably be better off if you choose the higher deductible.

How to calculate if higher deductibles make sense

Average monthly premium for $250 deductibles: $116
Average monthly premium for $1,000 deductibles (subtract): – $87
Monthly savings from raising deductible: $29
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $29
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 26 months

One important issue to know is that a higher deductible means you will have to pay more out-of-pocket at claim time. You must have a higher level of savings in order to pay the deductible.

Men versus women drivers and insurance cost

The example below compares Chevy Equinox car insurance costs for male and female drivers. Data assumes a clean driving record, no at-fault accidents, full physical damage coverage, $100 deductibles, single marital status, and no additional discounts are factored in.

How much more does full coverage cost in San Antonio?

The example below visualizes the comparison of Chevy Equinox insurance costs with full coverage compared to only the Texas minimum liability coverage. The premiums assume no accidents or driving violations, $100 deductibles, single status, and no additional discounts are factored in.

Should you pay for full coverage?

There is no specific rule of when to stop paying for comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Chevy Equinox settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $6,000 after paying the physical damage deductible. If you are paying in excess of $600 a year for full coverage, then you may need to consider dropping full coverage.

There are a few situations where removing full coverage is not financially feasible. If you haven’t satisfied your loan, you have to keep full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Save money with discounts

Properly insuring your vehicles can get expensive, but there are discounts available that could drop your premiums quite a bit. Some trigger automatically when you quote, but a few must be asked about prior to getting the savings. If you aren’t receiving every discount you qualify for, you could be getting lower rates.Insurance discounts

As a footnote on discounts, some of the credits will not apply to the whole policy. Most only apply to the cost of specific coverages such as comp or med pay. So when the math indicates all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

The diagram below shows the difference between Chevy Equinox car insurance costs with and without discounts applied. The costs are based on a male driver, no claims or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, claim-free, homeowner, and safe-driver discounts applied.

A list of companies and their possible discounts can be found below.

When comparing rates, check with each company or agent to give you their best rates. Some discounts may not apply to policies in every state. To find insurance companies offering insurance discounts in Texas, click here to view.

Cover all your bases

In this article, we presented a lot of tips how to shop for Chevy Equinox insurance online. The key concept to understand is the more price quotes you have, the better likelihood of getting inexpensive San Antonio auto insurance quotes. Consumers could even find that the best price on insurance is with the least-expected company.

More affordable insurance in San Antonio is definitely available on the web in addition to local insurance agencies, and you should compare price quotes from both in order to have the best price selection to choose from. Some companies may not provide the ability to get a quote online and many times these small, regional companies only sell through local independent agencies.

People change insurance companies for a variety of reasons including denial of a claim, policy non-renewal, delays in paying claims and even policy cancellation. It doesn’t matter why you want to switch finding the right insurance provider is actually quite simple.

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