Who Has Affordable Car Insurance for a Chevrolet Equinox in Houston?

Buying the best cheap insurance for a Chevrolet Equinox in Texas relies on a complicated rating formula that uses factors such as whether you own a home, your credit history, and physical damage deductibles. Drivers in Texas pay on average $1,632 each year for Equinox insurance, but that cost is a valuation based on a 30-year-old single female driver with full physical damage coverage and $100 deductibles.

There’s a high likelihood you may not be 30 years old (or even female), married instead of single, and maybe you want different deductibles. Every driver’s needs are different, and that is why the best way to find the cheapest rates for your Chevrolet is to do the rate comparisons yourself. Quotes only take a few minutes and you will get price quotes from some of the cheapest companies that sell coverage in Texas.

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Your vehicle’s trim level will have an impact the yearly cost, so the price you will pay to insure a Equinox LS 2WD trim level will be $176 cheaper than the insurance cost for the more costly Equinox LTZ AWD trim level, as shown below.

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-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Price estimates do not factor in vehicle garaging location which can raise or lower price quotes considerably.

Finding dependable, reasonably-priced insurance is easier said than done, and determining which company offers the lowest-priced car insurance rates for a Chevrolet Equinox requires more quotes for comparison. Every insurance provider has a unique approach for determining prices, so let’s rank the car insurance companies that tend to have lower prices in Houston.

Keep in mind that Houston car insurance rates are based on many factors which can significantly increase or decrease the cost of a policy. Simply improving your credit, buying another vehicle, or getting a speeding ticket can trigger changes in premium that can make some companies cheaper than others.

Best Car Insurance Prices for Your Equinox

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Travelers has some of the best car insurance rates in Houston at around $1,052 each year. This is $852 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty also rank well as some of the lowest-priced Houston, TX insurance companies.

In the above rates, if you have coverage with Germania Mutual and switched to Travelers, you might see savings of roughly $230. Policyholders with California Casualty might save as much as $344 a year, and Esurance policyholders might lower prices by $355 a year.

Understand that those policy prices are averaged for all drivers and vehicles in Texas and and are not figured with a specific vehicle garaging location for a Chevrolet Equinox. So the auto insurance company that can offer you the lowest price may not even be in the top 23 companies shown above. That affirms the importance of why you need to get rate quotes using your own driver and vehicle profiles.

How accidents and violations affect rates in Houston

In a perfect world, the best way to receive low car insurance premiums in Texas for an Equinox is to drive cautiously and have a clean driving record. The information below highlights how traffic violations and at-fault fender-benders can increase car insurance rates for each different age group. The prices are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.

The data in the chart shows the average cost of auto insurance in Houston per year with no accidents or violations is $1,764. Add in one speeding ticket and the average cost increases to $2,055, an increase of $291 each year. Now get two accidents along with the one speeding ticket and the annual cost of car insurance for a Chevrolet Equinox goes up to an average of $4,604. That’s an increase of $2,840, or $237 per month, just for not maintaining a clean driving record!

Low rates can quickly become overpriced

Houston car insurance rates are based on many factors that control the policy premium. Simply having another birthday, buying a home instead of renting, or having a fender bender can trigger changes in premium resulting in some companies being much cheaper than others. In addition, insurance companies change premium rates as often as every three months in order to maintain liquidity for claims. A period of increased losses may cause higher priced premiums, while profitable underwriting can result in cheaper Equinox insurance rates.

As an example, the chart below shows which company has the cheapest car insurance in Houston, TX for a 30-year-old male driver with no prior claims, no tickets, and good financial standing. Based on his current risk profile, Travelers might offer the cheapest car insurance rates in Houston at $1,259 each year. This is $645 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the rest of the cheapest Houston, TX auto insurance companies.

Now we will pretend the driver from above a chargeable accident, a lower credit score, and a traffic ticket or two. Because each company has a different formula for determining rates, getting updated rate quotes most likely will result in a slightly different list of companies as shown below.

State Farm now has the cheapest rate in Houston with Mercury, USAA, Nationwide, and Safe Auto also having competitive pricing. This demonstrates why it is critical to shop around with many companies to find the cheapest car insurance quotes for a Chevrolet Equinox. Prices are impacted by many different factors and can increase or decrease at any time, so the cheapest company the last time you shopped your coverage around may now be priced much higher than other options.