Buying competitive insurance for a Chevrolet Equinox in Missouri relies on a pretty complex algorithm that uses a lot of factors such as the safety rating for your Equinox, your address, and your driving record. Drivers pay approximately $801 annually for Equinox insurance, but that cost is calculated using a 50-year-old married male driver with full coverage and $100 deductibles.
The problem with using this number is the good chance you are not 50 years old and maybe not even male, you might be single instead of married, or maybe you have a speeding ticket or two that will increase rates. Auto insurance requires individual risk assessment, so the best method for finding the cheapest coverage for your Chevrolet is to compare rates from as many companies as possible.
Vehicle trim level will be a contributing factor to the cost of coverage, so the rate you pay to insure a Equinox LS 2WD trim level will cost $86 less than the cost to insure the more well-appointed Equinox LTZ AWD model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$178||$352||$256||$16||$76||$878||$73|
|Equinox LT 2WD||$178||$352||$256||$16||$76||$878||$73|
|Equinox LS AWD||$178||$352||$256||$16||$76||$878||$73|
|Equinox LT AWD||$178||$352||$256||$16||$76||$878||$73|
|Equinox LTZ 2WD||$202||$414||$256||$16||$76||$964||$80|
|Equinox LTZ AWD||$202||$414||$256||$16||$76||$964||$80|
|Equinox LTZ AWD||$202||$414||$256||$16||$76||$964||$80|
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Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Information does not factor in specific zip code location which can lower or raise rates greatly.
Finding decent, cheap auto insurance is not the easiest thing to accomplish, and finding out which companies have the cheapest car insurance rates for a Chevrolet Equinox takes even more rate comparisons. Each auto insurance company uses their own calculation for setting prices, so let’s begin by examining the most competitive car insurance companies in Kansas City, MO.
Find the Cheapest Auto Insurance for Your Equinox
|Rank||Company||Cost Per Year|
|7||MO Farm Bureau||$1,063|
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USAA may offer some of the most affordable car insurance rates in Kansas City at around $662 annually. This is $600 less than the average price paid by Missouri drivers of $1,262. The Hartford, Electric, Allied, and Travelers also make the cut as some of the lowest-priced Kansas City, MO insurance companies.
In the above rates, if you are a policyholder with Allied and switched to USAA, you could see yearly savings of in the vicinity of $205. Missouri drivers with Travelers could save as much as $366 a year, and Auto-Owners insureds might lower prices by $375 a year.
To find the cheapest coverage for you, click here to start your custom quote or visit any of the low-priced companies below.
Be aware that those rates are averages for all ages of drivers and types of vehicles and are not factoring in an exact location for a Chevrolet Equinox. So the insurer that can offer the best rates for your situation may not even be in the list above. That is why you need to compare prices as often as possible using your own individual information.
The example below shows how different deductible levels can increase or decrease insurance costs when getting quotes for cheap insurance for a Chevrolet Equinox. The rates are based on a single female driver, full coverage, and no discounts are taken into consideration.
In the chart above, a 40-year-old driver could reduce rates by $252 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $382 by changing to a $1,000 deductible. Youthful drivers, like the age 20 example, could reduce their rates as much as $644 each year just by choosing larger deductibles. When choosing a higher deductible, it is a good idea to have spare funds to allow you to pay the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
Who has the cheapest Equinox insurance?
Kansas City car insurance rates are determined by lots of factors which can substantially decrease or increase the policy premium. Simply having a birthday, increasing liability limits, or getting a ticket for running a stop sign can trigger rate changes that can make some companies cheaper than competitors. Additionally, auto insurance companies amend premium rates without warning in order to maintain liquidity for claims. Unexpectedly high claims may result in more expensive prices, while long-term profits may produce more affordable Equinox insurance rates.
For example, the data below demonstrates which company has the cheapest car insurance in Kansas City, MO for a 40-year-old female driver with no prior accidents, a clean driving record, and a high credit rating. If we look at prices based on her personal risk profile, USAA has the cheapest car insurance rates in Kansas City at $801 annually. This is $461 less than the average rate paid by Missouri drivers of $1,262. The Hartford, Allied, Electric, and Travelers are the remaining top five cheapest Kansas City, MO auto insurance companies.
The example below compares rates after we give the driver from the first rate comparison an at-fault accident, poor credit, and a speeding ticket. Since each company has their own formula for setting prices, comparing quotes will most likely result in a substantially altered list of affordable companies as shown below.
MO Farm Bureau now has the cheapest car insurance in Kansas City with Farmers, Nationwide, The Hartford, and Allied completing the list. This demonstrates why Kansas City drivers need to compare as many rates as possible to find cheap car insurance quotes for a Chevrolet Equinox. Car insurance prices are impacted by many factors and can change without notice, so the cheapest option the last time you checked may now be an over-priced policy.
How to find more affordable car insurance for a Chevrolet Equinox
It’s not impossible to find cheaper rates, and here are some of the better thrifty suggestions that can help Missouri drivers buy low-cost auto insurance.
- Do not get traffic tickets
- Buy safe vehicles
- Accidents can significantly increase rates
- Increase your credit score
- Raise your deductibles
- Comparison shop frequently
The last suggestion is highly important, as was emphasized in the prior information. Prices charged by auto insurers change constantly, so don’t be hesitant to buy from a new company if you find a cheaper price.
Brand loyalty is not necessarily bad, but it’s not recommended if that dedication is costing a small fortune. If you have a few minutes, compare prices to find cheaper auto insurance for a Chevrolet Equinox in Kansas City.