The best way to get low-cost Chevy Equinox insurance in El Paso is to make a habit of comparing prices annually from companies in Texas. You can compare rates by following these steps.
- Step 1: Take a few minutes and learn about how car insurance works and the modifications you can make to drop your rates. Many risk factors that result in higher prices such as inattentive driving and poor credit history can be rectified by making minor driving habit or lifestyle changes. Continue reading for more information to get affordable coverage and get bigger discounts.
- Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like Progressive or Allstate, while independent agents can provide prices for a wide range of insurance providers. Click to view companies
- Step 3: Compare the new quotes to your current policy premium to see if a cheaper price is available in El Paso. If you can save money and switch companies, make sure coverage is continuous and does not lapse.
- Step 4: Tell your current company of your intention to cancel the current policy. Submit payment and a completed application to the new insurer. As soon as you can, put the certificate of insurance with the vehicle registration.
The most important part of this process is that you’ll want to make sure you compare identical limits and deductibles on each price quote and and to get prices from as many auto insurance providers as possible. Doing this helps ensure a fair rate comparison and many rates to choose from.
It’s an obvious conclusion that car insurance companies don’t want you to look at other companies. Drivers who compare other prices will most likely switch to a new company because they have a good chance of finding a lower-priced policy. A recent study showed that drivers who regularly compared price quotes saved as much as $70 a month as compared to drivers who never shopped around for lower prices.
If finding low prices for Chevy Equinox insurance in El Paso is your objective, then having an understanding of how to shop and compare insurance can make it easier for you to save money.
Car insurance providers offering low-cost rate quotes in Texas
The car insurance companies shown below offer price comparisons in El Paso, TX. If multiple companies are shown, we recommend you get rate quotes from several of them to get a more complete price comparison.
Rates and information analytics
The premium table below covers different prices for Chevy Equinox models. Being more informed about how insurance rates are calculated can help you make smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $184 | $332 | $358 | $22 | $108 | $1,004 | $84 |
| Equinox LT 2WD | $184 | $332 | $358 | $22 | $108 | $1,004 | $84 |
| Equinox LS AWD | $184 | $332 | $358 | $22 | $108 | $1,004 | $84 |
| Equinox LT AWD | $184 | $332 | $358 | $22 | $108 | $1,004 | $84 |
| Equinox LTZ 2WD | $208 | $392 | $358 | $22 | $108 | $1,088 | $91 |
| Equinox LTZ AWD | $208 | $392 | $358 | $22 | $108 | $1,088 | $91 |
| Equinox LTZ AWD | $208 | $392 | $358 | $22 | $108 | $1,088 | $91 |
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Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Price estimates do not factor in specific location information which can raise or lower insurance rates significantly.
Physical damage deductible comparison
The hardest decision when buying coverage is where should you set your physical damage deductibles. The data tables below summarize how much more rates are between high and low insurance deductibles. The first set of prices uses a $250 comprehensive and collision deductible and the second data table uses a $500 deductible.
| 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 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $240 | $400 | $382 | $22 | $114 | $1,158 | $97 |
| Equinox LT 2WD | $240 | $400 | $382 | $22 | $114 | $1,158 | $97 |
| Equinox LS AWD | $240 | $400 | $382 | $22 | $114 | $1,158 | $97 |
| Equinox LT AWD | $240 | $400 | $382 | $22 | $114 | $1,158 | $97 |
| Equinox LTZ 2WD | $270 | $472 | $382 | $22 | $114 | $1,260 | $105 |
| Equinox LTZ AWD | $270 | $472 | $382 | $22 | $114 | $1,260 | $105 |
| Equinox LTZ AWD | $270 | $472 | $382 | $22 | $114 | $1,260 | $105 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Price estimates do not factor in garaging location in El Paso which can influence premiums substantially.
We can derive from the above data that using a $250 deductible costs roughly $16 more each month or $192 every year than choosing the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 16 months between claims, you would most likely save money going with the higher deductible. The numbers below show the way you can make your own decision.
| Average monthly premium for $250 deductibles: | $116 |
| Average monthly premium for $500 deductibles (subtract): | – $100 |
| Monthly savings from raising deductible: | $16 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $16 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
An important thing to remember is that raising deductibles to save money means you will have to pay more of your own money when you have a physical damage claim. You must have enough money in the bank in the event you have to pay the deductible to have repairs made.
The diagram below shows how different deductible levels and can impact Chevy Equinox annual premium costs for different ages of insureds. Data assumes a married male driver, full coverage, and no additional discounts are factored in.
Driving violations and accidents
The information below illustrates how speeding tickets and at-fault claims can impact Chevy Equinox premium costs for different categories of driver ages. The rate quotes are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no additional discounts are factored in.
Determine discounts on El Paso car insurance
Auto insurance companies don’t list the complete list of policy discounts in a way that’s easy to find, so the following list contains both the well known as well as some of the hidden discounts that may be available.
- Military Deployment Discount – Having an actively deployed family member may lower your premium rates slightly.
- Student Discount for Driver Training – Cut your cost by having your teen driver enroll and complete driver’s education as it can save substantially.
- Early Payment Discounts – If paying your policy premium upfront rather than paying in monthly installments you can actually save on your bill.
- Mature Driver Discount – Drivers that qualify as senior citizens are able to get a small decrease in premiums.
- Policy Bundle Discount – If you combine your auto and homeowners policies and insure them with the same company you could earn a discount of over 10 percent off each policy depending on the company.
- Low Mileage Discounts – Fewer annual miles on your Chevy may allow you to get better prices on cars that stay parked.
- Multiple Cars – Buying coverage for multiple vehicles on one policy can get a discount for every vehicle.
- Good Grades Discount – A discount for being a good student can be rewarded with saving of up to 25%. Many companies even apply the discount to college students until age 25.
- Discounts for Seat Belt Usage – Drivers who require all occupants to buckle up before driving can save 10% or more off PIP or medical payments premium.
- Savings for New Vehicles – Insuring a vehicle that is new can cost up to 25% less compared to insuring an older model.
Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. Even though the math looks like you could get a free car insurance policy, it just doesn’t work that way.
The example below visualizes the comparison of Chevy Equinox insurance rates with and without some available policy discounts. The premiums assume a female driver, no tickets, no at-fault accidents, Texas state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, multi-car, marriage, claim-free, and safe-driver discounts applied.
Some companies that may include these money-saving discounts include:
Before buying, ask every prospective company how you can save money. Some discounts listed above might not be available to policyholders in your area. To see a list of providers with the best Chevy Equinox insurance discounts in Texas, click this link.
Buying from auto insurance agents
Many people still prefer to have an agent’s advice and that is not a bad decision Good insurance agents are trained to spot inefficiencies and help submit paperwork. One of the benefits of getting online price quotes is that you can find cheap auto insurance rates and still have a local agent. And supporting local insurance agencies is important especially in El Paso.
Upon completion of this simple form, your information is submitted to companies in El Paso who can give free rate quotes for your auto insurance coverage. You don’t have to search for an agent as quotes are delivered straight to your inbox. If you have a need to get a comparison quote from a specific company, you would need to jump over to their website and give them your coverage information.
Picking a company is decision based upon more than just a low price. Before buying a policy in El Paso, get answers to these questions.
- Is the agent CPCU or CIC certified?
- Is assistance available after office hours?
- How many years of experience in personal auto insurance do they have?
- Is the agency covered by Errors and Omissions coverage?
- Do they assist clients in filing claims?
- How long has their agency been open in El Paso?
- How often do they review coverages?
If you receive good feedback for all questions you ask and a low price estimate, you may have found an insurance company that can be trusted to insure your vehicles. Just keep in mind you are entitled to cancel coverage whenever you choose to so don’t assume you’re contractually obligated to your new company for the full term.
El Paso car insurance companies ranked
Buying coverage from the highest-rated car insurance company is difficult considering how many different companies insure vehicles in Texas. The company information below may help you select which coverage providers you want to consider purchasing a policy from.
Top 10 El Paso Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
One last note
Throughout this article, we presented a lot of information how to shop for Chevy Equinox insurance online. The key thing to remember is the more you quote El Paso auto insurance, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from the smaller companies.
A few companies may not have online rate quotes and most of the time these smaller providers only sell coverage through local independent agents. Cheaper Chevy Equinox insurance in El Paso can be found online and from local insurance agents, and you should compare rates from both to get a complete price analysis.
Insureds change insurance companies for a number of reasons such as questionable increases in premium, high prices, delays in paying claims or lack of trust in their agent. Regardless of your reason for switching companies, finding a great new company can be pretty painless.
Additional information can be read below:
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- Bodily Injury Coverage (Liberty Mutual)