Trying to find more affordable Chevy Equinox insurance in Los Angeles can seem to be difficult for drivers who are beginners to quoting coverage rates online. With such a large number of agents and insurers to choose from, it can quickly become a real challenge to find the best prices.
Remarkably, a study showed that most auto insurance customers have bought auto insurance from the same company for more than four years, and almost 40% of drivers have never quoted rates to find lower-cost coverage. Many drivers in California could save an average of nearly 35% each year by just comparing rate quotes, but they won’t spend time to compare rates online.
If you currently have car insurance, you will be able to get lower rates using the ideas you’re about to read. Finding the best-priced car insurance coverage in Los Angeles is not as time-consuming as you think. But California consumers must understand how companies set your policy premium and use it to your advantage.
When comparing car insurance rates, know that comparing more prices helps improve the odds of finding more affordable insurance.
The companies in the list below provide free rate quotes in Los Angeles, CA. If several companies are displayed, we suggest you visit two to three different companies in order to find the lowest rates.
Lower your car insurance rates with discounts
Car insurance is not cheap, but there may be some discounts that can drop the cost substantially. Some trigger automatically when you purchase, but a few must be asked for before you will receive the discount.
- Passenger Safety Discount – Vehicles equipped with air bags can receive discounts up to 30%.
- Good Students Pay Less – Getting good grades can earn a discount of 20% or more. The good student discount can last well after school through age 25.
- Senior Citizens – Older drivers may be able to get a slight reduction on a Los Angeles car insurance quote.
- Discounts for New Vehicles – Adding a new car to your policy can get you a discount due to better safety requirements for newer vehicles.
- Drivers Education – Have your child successfully complete driver’s ed class as it can save substantially.
- Waiver for an Accident – Not necessarily a discount, but companies like State Farm and GEICO will allow you to have one accident before your rates go up so long as you haven’t had any claims before the accident.
- Discounts for Good Drivers – Insureds without accidents can pay as much as 50% less than drivers with accident claims.
A little note about advertised discounts, some of the credits will not apply to the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Despite the appearance that you can get free auto insurance, company stockholders wouldn’t be very happy. But all discounts will help reduce your car insurance premiums.
The chart below shows the comparison of Chevy Equinox insurance prices with and without some available policy discounts. The rate quotes are based on a female driver, no violations or claims, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, claim-free, multi-car, safe-driver, and marriage discounts applied.
Auto insurance companies that have these money-saving discounts are:
Check with every prospective company which discounts you qualify for. Depending on the company, some discounts may not apply in every state. If you would like to see a list of insurers that can offer you the previously mentioned discounts in California, follow this link.
Insurance coverage analysis
The data table displayed below covers detailed analysis of insurance prices for Chevy Equinox models. Learning how insurance prices are calculated is important to be able to make smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$278||$464||$442||$26||$132||$1,342||$112|
|Equinox LT 2WD||$278||$464||$442||$26||$132||$1,342||$112|
|Equinox LS AWD||$278||$464||$442||$26||$132||$1,342||$112|
|Equinox LT AWD||$278||$464||$442||$26||$132||$1,342||$112|
|Equinox LTZ 2WD||$314||$546||$442||$26||$132||$1,460||$122|
|Equinox LTZ AWD||$314||$546||$442||$26||$132||$1,460||$122|
|Equinox LTZ AWD||$314||$546||$442||$26||$132||$1,460||$122|
|Get Your Own Customized Quote Go|
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium costs do not factor in vehicle location which can decrease or increase premiums greatly.
The diagram below demonstrates how deductible levels and can change Chevy Equinox premium costs for different insured age categories. The rate quotes are based on a single male driver, comp and collision included, and no discounts are applied to the premium.
Insurance premiums for males and females
The information below visualizes the comparison of Chevy Equinox insurance costs for male and female drivers. The rate quotes are based on no claims or driving citations, full physical damage coverage, $500 deductibles, drivers are single, and no policy discounts are applied.
Shop online but buy locally
Many drivers would rather get professional advice from a licensed agent and that is just fine! The best thing about comparing rate quotes online is you can get the best rates and also buy local.
Upon completion of this quick form, your information is submitted to agents in your area who will gladly provide quotes to get your business. You never need to contact any agents because prices are sent instantly to you. It’s the lowest rates AND a local agent. If you need to get a price quote from a specific car insurance provider, just navigate to their website and fill out the quote form the provide.
Picking an insurance company should depend on more than just the price. You should also get answers to these questions.
- Which insurance company do they prefer to write with?
- Is the agent and/or agency licensed to do business in California?
- Does the company use OEM repair parts?
- Do they have 24-hour customer assistance?
- Do you work with a CSR or direct with the agent?
If you want to buy car insurance from a reputable insurance agent or broker, you must know there are a couple types of agencies that you can choose from. Car insurance agencies are classified as either exclusive or independent.
Exclusive Insurance Agencies
These agents can only write with one company like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot place coverage with different providers so you might not find the best rates. They are trained well on what they offer which can be an advantage. Consumers sometimes buy from exclusive agents mainly due to the brand instead of buying on price only.
Listed below are exclusive agents in Los Angeles who may provide you with rate quotes.
- Helen Lee – State Farm Insurance Agent
2535 W Olympic Blvd – Los Angeles, CA 90006 – (213) 738-0700 – View Map
- Bob Little – State Farm Insurance Agent
11654 W Pico Blvd – Los Angeles, CA 90064 – (310) 478-2001 – View Map
- Diane Sinner – State Farm Insurance Agent
6535 Wilshire Blvd #117 – Los Angeles, CA 90048 – (323) 651-4775 – View Map
Agents that elect to be independent are appointed with more than one company so they can insure your vehicles with lots of companies and potentially find a lower price. To transfer your coverage to a different company, the agent simply finds a different carrier and you can keep the same agent.
When comparing rate quotes, we highly recommend that you get quotes from several independent insurance agents to maximize your price options. They often place coverage with companies you’ve never heard of which may provide better rates.
Below are Los Angeles independent agencies willing to provide comparison quotes.
- Nationwide Insurance: Caiquo Insurance Agency
5757 W Century Blvd #700 – Los Angeles, CA 90045 – (310) 348-9936 – View Map
- Starco Insurance
1905 S Western Ave #19 – Los Angeles, CA 90018 – (310) 215-9991 – View Map
- Solid Health Insurance Agency
11639 Chenault St – Los Angeles, CA 90049 – (310) 909-6135 – View Map
Chevy Equinox Insurance Premium Factors
Smart consumers have a good feel for the factors that help calculate the level of your policy premiums. When you understand what controls the rates you pay, this enables you to make decisions that can help you get big savings. Many different elements are taken into consideration when premium rates are determined. Some are pretty understandable such as your driving history, although some other factors are more obscure like your vehicle usage or your vehicle rating.
The list below includes a few of the “ingredients” insurance companies consider when setting prices.
Good drivers pay the best costs – Even one moving violation can boost insurance rates by as much as thirty percent. Good drivers have lower premiums as compared to careless drivers. Drivers who get serious tickets like hit and run, DWI or reckless driving convictions might be required by their state to prove financial responsibility to the state department of motor vehicles in order to keep their license.
The chart below illustrates how speeding tickets and at-fault accidents can drive up Chevy Equinox car insurance costs for each different age group. The prices are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
How much liability coverage do you need? – A critical coverage on your policy, liability insurance is the protection if ever you are responsible for damages from an accident. It provides legal defense up to the limits shown on your policy. This coverage is very inexpensive compared to other policy coverages, so insureds should have plenty of protection for their assets.
Rates and employer – Occupations like fire fighters, business owners, and accountants are shown to have higher premium rates because of intense work-related stress and long work days. On the other hand, professions such as farmers, athletes and performers generally pay rates lower than average.
Discounts for married couples – Walking down the aisle may save some money when shopping for insurance. Having a spouse may mean you are more mature than a single person and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
Fewer miles means better prices – The more you drive in a year the higher your rates will be. A lot of insurance companies calculate prices based upon how you use the vehicle. Cars and trucks that sit idle most of the time receive better premium rates than cars that get driven a lot. Double check that your policy is rated on the correct usage, because it can save money. An improperly rated Equinox is just wasting money.
Loss statistics for a Chevy Equinox – Insurance companies analyze the history of losses in order to profitably underwrite each model. Vehicles that the statistics show to have a trend towards higher claims will cost more to insure.
The next table illustrates the compiled insurance loss statistics for Chevy Equinox vehicles. For each coverage type, the loss probability for all vehicles as a whole equals 100. Values below 100 represent a good loss history, while percentage numbers above 100 point to more losses or a tendency for claims to be larger.
|Specific Chevrolet Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Chevrolet Equinox 4dr 2WD||82||86||74||101||104||93|
|Chevrolet Equinox 4dr 4WD||84||88||85||89||93||81|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Protect more than your Chevy vehicle
Despite the high cost of buying insurance for a Chevy Equinox in Los Angeles, paying for auto insurance is required in California but also provides important benefits.
- Almost all states have minimum liability requirements which means it is punishable by state law to not carry a minimum amount of liability insurance if you want to drive legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your Equinox, almost every bank will stipulate that you buy insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the lender may insure your Chevy at an extremely high rate and require you to pay the higher price.
- Auto insurance protects both your Chevy Equinox and your assets. It will also pay for all forms of medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if you cause an accident and are sued. If your Chevy gets damaged, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of buying auto insurance greatly outweigh the cost, specifically if you ever have a liability claim. Unknowingly, the average driver is wasting up to $850 per year so it’s recommended you shop around every year to save money.
Affordable car insurance rates are out there
When searching for cheaper Los Angeles car insurance quotes, it’s a bad idea to skimp on critical coverages to save a buck or two. There are too many instances where drivers have reduced liability limits or collision coverage to discover at claim time that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage at a price you can afford.
Insureds change insurance companies for many reasons like policy non-renewal, delays in paying claims, delays in responding to claim requests or even denial of a claim. Regardless of your reason, finding a new company is actually quite simple.
Throughout this article, we presented a lot of tips how to save on Chevy Equinox insurance in Los Angeles. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the most savings is with an unexpected company.
Additional detailed information can be found in these articles:
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- How Much are Car Insurance Rates for Drivers with Bad Credit in Los Angeles? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for 16 Year Olds in Los Angeles? (FAQ)
- Who Has Affordable Auto Insurance for a Ford Focus in Los Angeles? (FAQ)
- Distracted Driving Statistics (Insurance Information Institute)
- Comprehensive Coverage (Liberty Mutual)
- Crash Avoidance Technologies FAQ (iihs.org)