Chevrolet Equinox Insurance Cost Estimate

How much does it cost to insure a Chevy Equinox? The average Chevrolet Equinox insurance costs are $114/mo or $1,370 annually. Many factors impact your Chevy Equinox insurance costs, including the age of your model, your trim level, and what state you live in. You can lower your Chevy Equinox car insurance rates by comparison shopping and seeking out discounts. Affordable Chevy Equinox car insurance doesn't have to be hard to find.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Sep 25, 2020

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Here's What You Need to Know

  • The average cost of car insurance for a Chevrolet Equinox is $114 per month or $1,370 a year.
  • Teenagers receive the highest average car insurance rates for the Chevy Equinox at $417 per month or $5,007 annually.
  • Chevrolet Equinox insurance costs around $149 less per year than the average vehicle.
  • Good drivers can save as much as $565 a year on the Chevrolet Equinox insurance rates by earning policy discounts.

How much does it cost to insure a Chevy Equinox? The average Chevrolet Equinox insurance cost is $114 per month or $1,370 annually. The average insurance rates for Chevy Equinox are $149 less per year than the average vehicle. Good drivers can save up to $565 a year on their Equinox insurance with policy discounts by being safe and courteous while out on the roads. 

Whether you use usage based car insurance programs or a traditional car insurance policy, read through our comprehensive guide to better understand how your Chevy Equinox insurance rates are calculated. Let’s take a look at Chevy Equinox insurance costs, crash test ratings, and more.

You can start comparing Chevy Equinox car insurance quotes from some of the leading companies by entering your five-digit ZIP code into our FREE online tool now. Find affordable Chevy Equinox car insurance now.

Table of Contents

Chevrolet Equinox Insurance Cost

How much does a Chevy Equinox cost to insure? The average Chevrolet Equinox car insurance costs are $1,370 a year or $114 a month. 

However, many factors impact your Chevy Equinox cost for insurance. Companies will consider the age of your model as well as what trim level you chose.

Take a look at the graph below to see how much insurance rates are for the Chevy Equinox based on different driver demographics.

As you can see, your rates will vary depending on your deductible levels, and how high or low risk of a driver you are.

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Is the Chevrolet Equinox expensive to insure?

When it comes to car insurance, how much is a Chevy Equinox compared to other similar vehicles? 

The following table details how the Chevrolet Equinox insurance rates compare to other crossovers like the Toyota RAV4, Buick Envision, and MINI Clubman. Take a look.

Chevrolet Equinox Average Annual Car Insurance Rates Compared to Similar SUVs
VehicleComprehensiveCollisionLiabilityTotal
Chevrolet Equinox$308$532$372$1,370
Toyota RAV4$280$482$390$1,310
Buick Envision$320$566$398$1,442
MINI Clubman$320$506$398$1,382
Lexus NX 300$376$688$372$1,594
Audi Q5$362$718$372$1,610
Subaru Crosstrek$320$512$332$1,300
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Good news, only the Toyota RAV4 is cheaper to insure than the Chevy Equinox. There are also plenty of things you can do to find even cheaper Chevrolet insurance rates online. Keep reading to learn more.

What Impacts the Cost of Chevrolet Equinox Insurance?

There are many factors that influence your annual car insurance rates. The Chevrolet Equinox trim and model you choose can impact the total price you will pay for Chevrolet Equinox car insurance coverage.

Chevrolet Equinox Model Age and Car Insurance Rates

The age of your vehicle will change what you pay for car insurance. For example, the average Chevrolet Equinox car insurance rates are higher for newer models than for older models. 

Average price for a 2020 Chevy Equinox insurance costs about $1,370 annually, while the 2010 Chevrolet Equinox rates are only $1,130 annually. Compare this to 2008 Chevy Equinox insurance costs, which are $1,370 for full coverage.

Find your Chevy Equinox model year in the table below.

Chevrolet Equinox Average Annual Car Insurance Rates by Model Year
Model YearComprehensiveCollisionLiabilityTotal
2020 Chevrolet Equinox$308$532$372$1,370
2019 Chevrolet Equinox$294$512$390$1,354
2018 Chevrolet Equinox$282$506$398$1,344
2017 Chevrolet Equinox$272$494$416$1,340
2016 Chevrolet Equinox$262$474$430$1,324
2015 Chevrolet Equinox$248$458$442$1,306
2014 Chevrolet Equinox$238$424$452$1,272
2013 Chevrolet Equinox$230$400$456$1,244
2012 Chevrolet Equinox$220$358$460$1,196
2011 Chevrolet Equinox$206$330$460$1,154
2010 Chevrolet Equinox$198$310$464$1,130
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As you can see, the 2019 Chevy Equinox insurance costs will be higher than the 2018 Chevy Equinox insurance rates, and so on and so forth.

Older car models usually cost less to insure than newer ones because they are more affordable to fix and replace. If you are on a tight budget, this is something to consider.

Driver Age and Chevrolet Equuinox Car Insurance Rates

Driver age can have a significant impact on Chevrolet Equinox car insurance rates. For example, 30-year-old drivers pay $60 more for Chevrolet Equinox car insurance than 40-year-old drivers.

In the graph below, take a look at how much car insurance rates vary by driver age for the Chevy Equinox.

Which age group has the least affordable car insurance and why? Teenage drivers receive the highest average car insurance rates for the Equinox because of their lack of driving experience. Younger drivers are also statistically responsible for causing more accidents. 

If you’re a young driver in need of car insurance, consider seeking out good student discounts and safe driver discounts to help lower your average rates.

Driver Location and Chevrolet Equinox Car Insurance Rates

Where you live can have a large impact on Chevrolet Equinox insurance rates because car insurance laws and requirements vary by state. 

Similarly, it usually costs more to insure a vehicle if you live in a densely populated city or somewhere with very high crime rates. See how Chevrolet Equinox insurance costs vary by city in the table below.

The larger the city, the higher the car insurance rates. For example, drivers in Los Angeles may pay $754 a year more than drivers in Phoenix.

Driving Record and Chevrolet Equinox Car Insurance Rates

Your driving record can have an impact on the cost of your Chevrolet Equinox car insurance. Take a look at the graph below to see how a single traffic violation can impact your Chevy Equinox monthly rates.

Teens and drivers in their 20s see the highest jump in their Chevrolet Equinox car insurance with violations on their driving record. If you can maintain a perfect driving record, you will be eligible for safe driver discounts.

What is a safe driver discount? It is a way insurance companies reward clients who prove they are safe drivers by not filing insurance claims or committing any driving infractions.

Chevrolet Equinox Safety Ratings

Your Chevrolet Equinox car insurance rates are influenced by the Chevrolet Equinox’s safety ratings. See the 2020 Chevrolet Equinox safety ratings in the table below.

Chevy Equinox Crashworthiness Ratings
Crashworthiness CategoryChevy Equinox Rating
Driver-side small overlap frontGood
Passenger-side small overlap frontGood
Moderate overlap frontGood
SideGood
Roof strengthGood
Head restraints & seatGood
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A rating of ‘Good’ is the highest possible score given by the Insurance Institute for Highway Safety. This vehicle was named as one of the 2020 top safety picks, which will reflect positively in your car insurance rates.

Every Chevy Equinox uses a technology called StabiliTrak, which is instrumental in keeping insurance rates low. This stability control system uses rollover alleviation technology, which is unique to the Chevy Equinox, giving it an edge over the competition when it comes to safety.

What is StabiliTrak and how does it help lower insurance rates? Launched in 1997, first in many of General Motors’ Cadillac models, StabiliTrak is Chevy’s trademark for the Electronic Stability Control System.

This exclusive safety feature better protects drivers from the threat of rolling over when turning sharply or overcorrecting in an emergency situation. Since SUVs can be top-heavy, this type of technology eliminates one of the greatest fears of SUV drivers across the country.

With such innovation present in this compact SUV, it’s no wonder that the Chevy Equinox scores well in safety ratings. We’ll go over this in detail in the next section.

Chevrolet Equinox Crash Test Ratings

Good Chevrolet Equinox crash test ratings can also help lower your Chevrolet Equinox car insurance rates. See how well the Chevrolet Equinox performed in crash tests over the years in the table below.

Chevrolet Equinox Crash Test Ratings by Model Year
Vehicle TestedOverallFrontalSideRollover
2020 Chevrolet Equinox SUV FWD5 stars5 stars5 stars4 stars
2020 Chevrolet Equinox SUV AWD5 stars5 stars5 stars4 stars
2019 Chevrolet Equinox SUV FWD5 stars5 stars5 stars4 stars
2019 Chevrolet Equinox SUV AWD5 stars5 stars5 stars4 stars
2018 Chevrolet Equinox SUV FWD Later Release5 stars5 stars5 stars4 stars
2018 Chevrolet Equinox SUV FWD Early Release4 stars5 stars4 stars4 stars
2018 Chevrolet Equinox SUV AWD Later Release5 stars5 stars5 stars4 stars
2018 Chevrolet Equinox SUV AWD Early Release4 stars5 stars4 stars4 stars
2017 Chevrolet Equinox SUV FWD4 stars4 stars5 stars4 stars
2017 Chevrolet Equinox SUV AWD4 stars4 stars5 stars4 stars
2016 Chevrolet Equinox SUV FWD4 stars4 stars5 stars4 stars
2016 Chevrolet Equinox SUV AWD4 stars4 stars5 stars4 stars
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A five-star rating is the highest possible score given by the National Highway Traffic Safety Administration. As you can see, different model years received different crash test star-ratings. 

The following video shows how the 2018 model received a score of “Good” for the passenger-side small overlap crash test.

One reason why the Chevy Equinox is so cheap is likely because insurance companies know it is a farily safe car, built to hold up well in a crash.

Remember, the 2014 Equinox safety ratings might be very different from the 2018 or 2020 Chevy Equinox crash test results. Therefore, we recommend looking up the outcomes for your specific model year for the most accuracy.

One of the reasons why the Chevy Equinox scored so well is due to the fact that the structural integrity of the Chevy Equinox is built to absorb a significant amount of impact.

Chevrolet took driver safety even further by standardizing a number of new features like ABS brake assist and StabiliTrak, covered in the previous section. The combination of a strong design and helpful safety features make the Equinox a quality SUV from bumper to bumper.

Both drivers and third-party evaluators have taken notice. In fact, owners of the new Chevy Equinox will usually be issued a lower rate in car insurance costs compared to many other SUVs on the market.

Although many factors affect a vehicle’s car insurance premiums, the available safety features are one of the most important. Not only do they lead to car insurance discounts but they also help determine the overall risk of injury in a vehicle.

As previously mentioned, the Chevrolet Equinox is outfitted with a StabiliTrak system with traction control that helps prevent or reduce the severity of rollovers. The vehicle’s body is reinforced with a steel safety cage and six airbags that are designed to detect rollovers.

Owners can select an all-wheel drive system and a rearview camera system for added safety, and the Equinox comes standard with a four-wheel anti-lock brake system.

Drivers can be confident in their choice knowing that their vehicle received four out of five possible stars in federal safety tests, and it was awarded a full 5-star rating in side impact tests.

Chevrolet Equinox Safety Features

Let’s take a closer look at the other safety features included with the Chevrolet Equinox that can impact your Chevrolet Equinox car insurance rates. 

Take a look at some of the standard safety technology that the Chevrolet Equinox comes equipped with below.

  • Driver Air Bag
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Airbag
  • Front Side Air Bag
  • 4-Wheel ABS
  • 4-Wheel Disc Brakes
  • Electronic Stability Control
  • Daytime Running Lights
  • Child Safety Locks
  • Traction Control
  • Lane Departure Warning
  • Lane Keeping Assist

For consumers, a vehicle’s comfort and safety are increasingly equated with technology, and the Chevrolet Equinox does not disappoint in this category.

Other available technological features include an OnStar navigation system and WiFi by AutoNet Mobile, which provides Internet access to users within a 150-foot radius of the vehicle.

There is also a rear-seat entertainment package available, which allows rear-seat passengers to watch movies or play video games. This will be a hit with families on long trips.

Remember, additional technology in your vehicle can cause your rates to rise because those features are more expensive to fix and replace. 

However, if you add additional safety features to your vehicle, be sure to inform your insurance company. You may qualify for even more discounts, which will help lower your annual rates.

Chevrolet Equinox Insurance Loss Probability

Understanding the Chevrolet Equinox insurance loss probabilities can help you predict if a certain car make and model will have higher or lower car insurance rates.

A lower insurance loss percentage means lower Chevrolet Equinox car insurance costs; a higher percentage means higher Chevrolet Equinox car insurance costs. 

Compare the following Chevrolet Equinox car insurance loss probability rates for collision, property damage, comprehensive, PIP, MedPay, and bodily injury in the table below.

Chevrolet Equinox Insurance Loss Ratios
Insurance Coverage CategoryLoss Rate
Collision-18%
Property damage-14%
Comprehensive-26%
Personal injury1%
Medical payment4%
Bodily injury-7%
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Overall, the insurance loss percentages are all average or better than average. This will help keep your Chevy Equinox insurance rates on the more affordable side.

Chevrolet Equinox Finance and Insurance Cost

If you are financing a Chevrolet Equinox, you will still need car insurance. The dealership will offer you a policy, however know that you will pay more if you purchase Chevrolet Equinox car insurance at the dealership. 

Be sure to shop around and compare Chevrolet Equinox car insurance quotes from the best companies. Using a free online quote tool is a fast and easy way to quickly comparison shop.

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Ways to Save on Chevrolet Equinox Insurance

If you want to reduce the cost of your Chevrolet Equinox insurance rates, there are a few tips you can follow. First, make sure you use an accredited driver safety program to help you earn a safe driver discount. 

Next, consider using an accurate job title when requesting Chevrolet Equinox car insurance quotes. Your occupation can impact what you pay for car insurance. Be honest so there are no surprises when you go to sign the dotted line.

If you are on a tight budget, ask about a higher deductible for your Chevrolet Equinox insurance policy. Raising your deductibles will lower your monthly costs. However, do not raise them too high so that they are no longer useful to you. 

If you are listed on someone else’s policy, be sure to ask about Chevrolet Equinox discounts. Similarly, if you own a home or have a spouse, consider bundling your car insurance with your home insurance, and adding multiple cars to your policy.

Top Chevrolet Equinox Insurance Companies

Who is the top car insurance company for Chevrolet Equinox insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Chevrolet Equinox car insurance coverage ordered by market share.

Chevrolet Equinox Insurance Companies by Market Share
RankCompanyVolumeMarket Share
1State Farm$65,615,1909.30%
2GEICO$46,106,9716.60%
3Progressive$39,222,8795.60%
4Liberty Mutual$35,600,0515.10%
5Allstate$35,025,9035.00%
6Travelers$28,016,9664.00%
7USAA$23,483,0803.30%
8Chubb$23,388,3853.30%
9Farmers$20,643,5592.90%
10Nationwide$18,442,1452.60%
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Many of these companies offer discounts for security systems and other safety features that the Chevrolet Equinox offers. Take a look at the graph below for a deeper look into the market share of these leading companies.

You can trust that all of these car insurance companies are economically stable enough to close out your claims even in the event of an economic downturn.

Compare Free Chevrolet Equinox Insurance Quotes Online

What are the cheapest cars to insure? Is the Chevrolet Equinox one of them? Finding cheap Chevrolet Equinox car insurance online is a snap. The best way for you to save on your Chevrolet Equinox car insurance rates is by taking advantage of free online quote comparison tools.

The Chevrolet Equinox is named after the two times in the calendar year when night and day are at equal lengths across the globe. It is a moderately priced compact SUV that has steadily gained popularity across the country.

With four distinct trim levels, drivers from all walks of life can find a suitable model that meets their needs and budget. But one thing every person who gets behind the wheel of the Equinox must have is car insurance. 

You already know how much it will approximately cost you to insure a Chevy Equinox. If you’re on a budget and want cheap car insurance, you do not have to compromise on also having good coverage. 

As you’ve learned by reading our guide on car insurance for the Chevy Equinox so far, it is not that expensive to insure a Chevy Equinox compared to other SUV crossovers on the market.

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Chevy Equinox MSRP and Car Insurance Rates

You’ll probably see the acronym MSRP a lot during the car-buying process. This stands for the Manufacturer’s Suggested Retail Price for the car you’re thinking about buying.

As it turns out, the MSRP of the Chevy Equinox varies based on the trim level. For example, the top-tier edition of the Equinox will cost more than the base-level edition.

Let’s take a look at the next table to see the MSRP and fair market range for the Chevy Equinox. This will give you a good idea of what you can expect to pay for this vehicle at a dealership or from a private seller.

Chevrolet Equinox MSRP and Fair Market Values by Model Year
Model YearEquinox LEquinox LSEquinox LTEquinox Premier
2020: MSRP
Fair Market Range
$24,995
N/A at this time
$27,495
$24,612-$26,813
$31,195
$28,023-$30,522
$32,595
$29,374-$31,981
2019: MSRP
Fair Market Range
$24,995
$22,435-$24,314
$27,095
$24,234-$26,269
$30,795
$27,638-$29,953
$36,295
$32,570-$35,299
2018: MSRP
Fair Market Range
$17,691
$16,076-$18,561
$17,312
$15,699-$18,126
$20,012
$17,932-$20,703
$23,108
$21,304-$24,597
2017: MSRP
Fair Market Range
$15,618
$14,194-$16,467
$16,005
$14,582-$16,919
$17,366
$15,635-$18,140
$18,214
$16,698-$19,375
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Now that you have a general idea of what each trim level costs for the Chevy Equinox, it’s important to consider what type of car insurance policy you want to purchase along with it. 

Unless you pay for the vehicle outright, your lending partner will require you to have collision or comprehensive car insurance, even if those policies are not required by your state’s legal minimum guidelines.

Simply put, lenders require you to purchase a policy that covers the cost of the vehicle while you’re still making payments on it. If you get into an accident and your policy doesn’t cover the amount of damage that occurred as a result, you may be required to get force-placed insurance, which only protects the lender.

It’s always a wise idea to get a high level of coverage at the time you purchase a vehicle if you can. This way you won’t have to deal with the hassle of getting force-placed insurance and paying for injuries or property damage after an accident because you weren’t sufficiently covered.

Collision Coverage for the Chevrolet Equinox

What exactly is collision coverage? It sounds self-explanatory, but it’s best to have a clear understanding of what this type of insurance policy actually covers. 

Collision insurance is going to cover the costs associated with repairing or even replacing your vehicle if it gets damaged after colliding with another car or object. This also includes hitting a tree, colliding with a telephone pole, or driving over a patch of black ice. 

The general rule of thumb is that the more you pay for your vehicle, the more expensive your collision coverage will be. Therefore, the MSRP of the Chevy Equinox does have an impact on your car insurance rates, especially if you’re investing in a fuller coverage policy..

In most states, you don’t have to get collision coverage to legally drive on the roads. But if you just bought a brand-new Chevy Equinox and wish to protect that investment, it’s best to err on the side of caution by getting this coverage.

The next table will show you the average costs for collision insurance for this vehicle based on the model year.

Chevrolet Equinox Collision Car Insurance Rates By Model Year
Chevy Equinox Model YearAverage Collision Insurance Rates
2018 Chevrolet Equinox$506
2017 Chevrolet Equinox$494
2016 Chevrolet Equinox$474
2015 Chevrolet Equinox$458
2014 Chevrolet Equinox$424
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These rates are taken from the average cost for collision insurance across each trim level of the Chevy Equinox. For example, the $506 figure from the 2018 model year takes into account what that policy costs for the base L model, LS, LT, and the Premier top-tier model.

It’s likely that your collision coverage will be cheaper than the averages displayed in the table above if you have a base-level Equinox.

Now that we have an understanding of how the MSRP of the Chevy Equinox impacts collision rates, let’s see how it stacks up against other vehicles in the same class. The following table displays loss percentages that are either above or below the average for each small 4-door SUV.

Chevrolet Equinox Collision Loss Percentages vs. Other Small SUVs
Car Make and ModelCollision Loss Percentage
Chevrolet Equinox-2%
Chevrolet Trax-13%
Fiat 500X-22%
Ford EcoSport-3%
Ford Escape-24%
GMC Terrain6%
Honda CR-V-34%
Hyundai Kona-1%
Hyundai Tucson-20%
Jeep Compass-19%
Jeep Renegade-13%
Jeep Wrangler-46%
Kia Sportage-22%
Mazda CX-5-38%
Mitsubishi Eclipse Cross6%
Mitsubishi Outlander17%
Nissan Rogue-6%
Subaru Forester-34%
Toyota C-HR-19%
Toyota RAV4-5%
Volkswagen Tiguan-22%
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Since small 4-door SUVs score well in crash tests, it’s no surprise that nearly every model on the list shows a percentage that is less than the average cost of collision coverage.

At -3 percent, the Chevy Equinox comes in just under the average, but it’s still better than having to pay more than the median rate for collision insurance.

It’s also worth noting that a newer car will be more expensive to insure. A 2018 Chevy Equinox will be a cheaper vehicle to insure than a 2020 Chevy Equinox.

Comprehensive Coverage for the Chevrolet Equinox

What does it mean to have comprehensive car insurance? Comprehensive coverage protects your vehicle from damage that is outside of your control. For example, if your Chevy Equinox was parked on the street and a large tree branch fell on it during a storm, this type of insurance would help you pay for the cost of repairs.

Theft, vandalism, and damage from fires or weather are also included in this type of coverage. 

The following table will show you the average rates for comprehensive coverage on the Chevy Equinox for model years running between 2014 to 2018.

Chevrolet Equinox Comprehensive Car Insurance Rates By Model Year
Chevrolet Equinox Model YearAverage Comprehensive Car Insurance Rates
2018 Chevrolet Equinox $282
2017 Chevrolet Equinox $272
2016 Chevrolet Equinox $262
2015 Chevrolet Equinox $248
2014 Chevrolet Equinox $238
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You might have noticed that there was a gradual progression in costs from the most recent model year to the oldest model year. This is due to the general rule that the more expensive the vehicle is, the more it costs to insure.

But what about the competition? Let’s take a look at how the Chevy Equinox stacks up compared to other vehicles in the same class with regard to comprehensive insurance claims.

Chevrolet Equinox Comprehensive Loss Percentages vs. Other Small SUVs
VehicleComprehensive Loss Percentage
Chevy Equinox-29%
Chevy Trax-30%
Fiat 500X-33%
Ford EcoSport-30%
Ford Escape-25%
GMC Terrain-17%
Honda CR-V-23%
Hyundai Kona-33%
Hyundai Tucson-26%
Jeep Compass-36%
Jeep Renegade-7%
Jeep Wrangler-44%
Kia Sportage-17%
Mazda CX-5-28%
Mitsubishi Outlander14%
Nissan Rogue-21%
Subaru Forester-15%
Toyota C-HR1%
Toyota RAV4-23%
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At -29 percent, the Chevy Equinox has a comprehensive loss percentage that is better than the average for all small 4-door SUVs. 

What are the theft rates of the Chevy Equinox?

Automakers like Chevrolet have made a lot of strides in the past few years when it comes to vehicle security. But even with anti-theft technology, car thieves are still managing to find ways to steal vehicles like the Chevy Equinox.

The National Insurance Crime Bureau, or NICB, reported that two of Chevrolet’s models were among the most stolen vehicles in the country in 2018. The good news is that the Equinox is not one of them.

Even though the Chevy Equinox is a relatively uncommon target for car thieves, it’s not invincible. And it’s always a good idea to exercise caution when leaving your vehicle parked in public areas.

How do theft rates of the Chevy Equinox affect comprehensive car insurance rates?

When car insurance companies consider how much to charge for comprehensive coverage, they look at the home address of the applicant. Why do they do this?

Where you live plays a key role in the cost of insurance coverage, since providers assume that if you live in a high-crime area, there’s a greater risk of your vehicle being stolen.

Even though the Chevy Equinox is not one of the nation’s most commonly stolen cars, it’s still at risk if it’s consistently left in a designated crime hot spot determined by the U.S. Department of Justice.

How much will it cost to repair my Chevy Equinox?

There’s a standard axiom about cars that we can probably all agree on: the less a vehicle moves, the less expensive it is. It’s hard to argue with that logic because if your Chevy Equinox is sitting in the driveway, it’s not likely to get into an accident that will result in costly repairs.

Since this is the real world and you plan on driving your car, it might be useful to know that RepairPal reports the average cost of maintenance for a Chevy Equinox to be $537 per year. This includes regularly scheduled appointments like oil changes, tire rotations, and part replacements.

In case you want some more details, let’s take a look at what maintenance costs look like by vehicle part on the Chevy Equinox using data from Instant Estimator.

Average Chevrolet Equinox Car Repair Costs by Body Part
Car PartFront BumperRear BumperHoodRoofFront DoorRear DoorQuarter Panel
Body Labor$140.80$140.80$88$88$145.20$132$88
Paint Labor$176$176$184.80$220$149.60$149.60$167.20
Paint Supplies$104$104$109.20$130$88.40$88.40$98.80
Color Tint$22$22$22$22$22$22$22
Cover CarN/A$10$10$10$10$10$10
Hazardous Waste Disposal$5$5$5$5$5$5$5
Color, Sand, and Buff$22$22$22$22$22$22$22
Total Cost$469.80$479.80$441$497$442.20$429$413
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At almost $500, the roof is the most expensive part of the Chevy Equinox to repair. With that in mind, it’s a good idea to keep it parked a good distance away from any place where falling objects might be an issue.

We purchase car insurance because we want to be covered in case anything goes wrong out there on the road.

If you do find yourself in the unfortunate position of needing to file a claim after an accident, you might be worried about your rates increasing. But if you invested in a full coverage Chevy Equinox policy, you shouldn’t worry too much.

Collision and comprehensive car insurance are designed to protect the driver from having to pay enormous out-of-pocket costs. Collision coverage will pay for the cost of repairs on your vehicle after it gets damaged from colliding with another vehicle or object.

Comprehensive coverage offers even more protection by paying for damages to your vehicle that are outside of your control, such as natural disasters.

Your insurance company will foot the bill on any repairs as long as they’re covered under your policy. Rate increases will only happen at the discretion of your provider.

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How does the frequency of claims filed on the Chevy Equinox affect car insurance rates?

Simply put, the number of claims you file affects your car insurance rates. But claims other people file on the same car you own can affect your rates, too. 

Owners of some types of vehicles file more claims than others. That’s why we collected data from the Insurance Information Institute that outlines the claim frequency, claim severity, and overall loss per claim for SUVs like the Equinox. 

Check out how SUVs compare against all other passenger vehicles in the table below.

Car Insurance Claim Frequency in SUVs vs. All Passenger Cars
Car TypeClaim FrequencyClaim SeverityOverall Loss
SUVs6.5$6,045$393
All passenger vehicles7.3$6,005$438
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Since larger vehicles like SUVs are typically safer to drive, the $393 average loss per claim is less than what we see for most other vehicle types, which lose $438 per claim.

These average figures are generalized based on different levels of coverage. The most basic form of car insurance that most states require you to have is called liability insurance, and this is true for drivers of all makes and models, including the Chevy Equinox.

Let’s take a look at the following table that shows how much it costs to insure this SUV based on the type of policy you choose.

Chevrolet Equinox Average Car Insurance Rates by Model Year
Model YearAverage Comprehensive
Car Insurance Rates
Average Collision
Car Insurance Rates
Average Liability
Car Insurance Rates
Average Total Rates
2018 Chevrolet Equinox$282$506$398$1,344
2017 Chevrolet Equinox$272$494$416$1,340
2016 Chevrolet Equinox$262$474$430$1,324
2015 Chevrolet Equinox$248$458$442$1,306
2014 Chevrolet Equinox$238$424$452$1,272
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You might have noticed that the total premium goes down year by year. That’s because the more expensive a vehicle is, the more it costs to insure. Generally speaking, as your car depreciates in value, your insurance rate goes down.

What is the size and class of the Chevy Equinox?

The Chevy Equinox is classified as a small 4-door SUV. These types of vehicles generally score well in safety tests, but the Equinox performed even better by earning a Top Safety Pick designation from the Insurance Institute for Highway Safety for the 2020 model year.

The size and weight of a vehicle affect the forces experienced by its driver and passengers during a crash. The well-balanced design of the Chevy Equinox is responsible for absorbing that blow, protecting vehicle occupants from major harm in a wreck.

Take a look at the following table to see how the Chevy Equinox stacks up against similar car models. This info displays the overall evaluation score for each vehicle.

Chevrolet Equinox Safety Ratings Compared to Other Small SUVs
Small 4-Door SUVOverall Evaluation ScoreStructure and Safety Cage ScoreDriver Restraints Score
Chevy EquinoxGoodGoodGood
Chevy TraxGoodAcceptableGood
Fiat 500XGoodAcceptableGood
Ford EcoSportGoodN/AN/A
Ford EscapeGoodGoodGood
GMC TerrainGoodGoodGood
Honda CR-VGoodGoodGood
Hyundai KonaGoodAcceptableGood
Jeep CompassGoodGoodGood
Jeep RenegadeGoodGoodGood
Jeep WranglerGoodGoodAcceptable
Kia SportageGoodGoodGood
Mazda CX-5GoodGoodGood
Mitsubishi Eclipse CrossGoodAcceptableGood
Mitsubishi OutlanderGoodAcceptableGood
Nissan RogueGoodAcceptableGood
Subaru ForesterGoodGoodGood
Toyota C-HRGoodGoodAcceptable
Toyota RAV4GoodGoodGood
Volkswagen TiguanGoodGoodGood
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While every small 4-door SUV received an overall evaluation score of “Good,” only 10 of the 20 models tested also received that classification for the structure and safety and driver restraint evaluations.

Automakers are always making improvements in crash protection. This has led to an overall increase in safer vehicles of all sizes. However, bigger vehicles are still generally safer than smaller ones, which is why 4-door SUVs like the Chevy Equinox test well.

How does the size of the Chevy Equinox affect bodily injury car insurance liability rates?

Bodily injury liability insurance will cover things like medical expenses and lost wages that result from an accident. If you’re deemed at fault and carry this type of insurance, your coverage should take care of the costs.

In the table below, take a look at how the bodily injury insurance loss ratios for the Chevy Equinox compares to other SUVs in the same vehicle class.

Chevrolet Equinox Bodily Injury Loss Percentages vs. Other Small SUVs
Car Make and ModelBodily Injury Loss Percentage
Chevy Equinox-3%
Chevy Trax33%
Fiat 500X9%
Ford Escape1%
GMC Terrain-10%
Honda CR-V-40%
Hyundai Tucson-10%
Jeep Compass22%
Jeep Renegade19%
Jeep Wrangler-2%
Kia Sportage-8%
Mazda CX-5-23%
Mitsubishi Outlander28%
Nissan Rogue9%
Subaru Forester-31%
Toyota C-HR-24%
Toyota RAV4-5%
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The Chevy Equinox has an insurance loss percentage of -3 percent for bodily injury, which is considered to be average for vehicles in the class of small SUVs.

Percentages are nice to know but it would be even more helpful to talk dollars and cents. Take a look at the following table, which shows sample rates for bodily injury car insurance on the Equinox. These figures are general and broken up from low to high coverage.

Chevrolet Equinox Average Bodily Injury Car Insurance Rates Based on Coverage Level
Car Insurance
Coverage Level
Car Insurance
Coverage Amount
Average Bodily Injury Liability RatesAverage 6-Month Total Rates
Low$25,000$80.59$577.28
Medium$50,000$113.97$596.42
High$100,000$126.54$607.50
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These figures tell us that if you elected to get the highest form of coverage for bodily injury protection, your six-month premium would be $607.50, or $101.25 per month.

How does the size of the Chevy Equinox affect property damage car insurance liability rates?

Property damage liability will cover the costs to repair or replace other people’s property if you’re deemed at fault for an accident.

When it comes to small SUVs, property damage liability rates vary from model to model. Take a look at the following table to see which SUVs are paying more or less than the average for all cars that have this type of policy.

Chevrolet Equinox Property Damage Loss Percentages vs. Other Small SUVs
Car Make and ModelProperty Damage Loss Percentage
Chevy Equinox-16%
Chevy Trax12%
Fiat 500X-2%
Ford EcoSport-9%
Ford Escape-3%
GMC Terrain-14%
Honda CR-V-37%
Hyundai Kona-37%
Hyundai Tucson-10%
Jeep Compass13%
Jeep Renegade7%
Jeep Wrangler29%
Kia Sportage-14%
Mazda CX-5-10%
Mitsubishi Outlander6%
Nissan Rogue3%
Subaru Forester-21%
Toyota C-HR-28%
Toyota RAV4-5%
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After reviewing the data, the Chevy Equinox has an insurance loss percentage of -16 percent for property damage, which is once again average for vehicles in this class.

If you are curious to know what real figures you might expect to pay for property damage insurance on a Chevy Equinox, take a look at the following table.

Chevrolet Equinox Average Property Damage Car Insurance Quotes Based on Coverage Level
Car Insurance
Coverage Level
Car Insurance
Coverage Amount
Average Property Damage Liability RatesAverage 6-Month Total Rates
Low$25,000.00$235.70$577.28
Medium$50,000$221.46$596.42
High$100,000$219.97$607.50
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You might have noticed that the rate drivers pay for property damage coverage goes down from low to high. Providers might do this as a way of making the higher levels of coverage more affordable, rewarding drivers for acting responsibly.

How does the safety of the Chevy Equinox compare to other vehicles with the same size and class?

There are plenty of small SUVs on the market, so you might be wondering how the Chevy Equinox stacks up against the competition in terms of safety, or maybe you want to know how safe this class of vehicles is in general.

This table shows the fatality rate of drivers who own a small SUV, using statistics from the Insurance Institute for Highway Safety.

Small SUV Car Crash Fatality Rate
Registered VehiclesDeathsRate (Per Million People)
7,818,47921227
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To summarize, the fatality rate of drivers who own a small SUV is 27 per million registered vehicles. By comparison, the average for all passenger vehicles is 37 deaths per million registered vehicles. That makes the Chevy Equinox, along with other vehicles in this size class, safer than the average model.

Taking a closer look at these statistics, it’s helpful to know about the details of certain crashes to see which parts of the Chevy Equinox are more durable than others.

Let’s take a look at the following table that breaks down fatality rates for accidents based on where the initial point of impact occurred on the vehicle.

Occupant Deaths in SUV Car Crashes
Point of Initial ImpactCar OccupantsAll Occupants
FRONTAL
Number of Deaths:
Percentage of Total:
2,784
55%
12,932
56%
SIDE
Number of Deaths:
Percentage of Total:
930
18%
5,350
23%
REAR
Number of Deaths:
Percentage of Total:
286
6%
1,310
6%
OTHER (MOSTLY ROLLOVER)
Number of Deaths:
Percentage of Total:
1,035
21%
3,299
14%
ALL5,035
100%
22,891
100%
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As is the case with every vehicle type, frontal impact proves to be the most fatal for the Chevy Equinox. These types of crashes accounted for 55 percent of fatalities for SUV drivers in 2018.

Other Car Insurance Coverage Rates for the Chevy Equinox

Now that we know a little more about collision and comprehensive car insurance coverage for the Equinox, you might be wondering about other forms of car insurance you can opt into.

As it turns out, there are a couple more types of coverage called personal injury protection, or PIP, and medical payment policies, also known as MedPay. If you’re interested in getting the right amount of coverage to make sure you’re protected, do yourself a favor and keep reading.

How do safety ratings of the Chevy Equinox affect Personal Injury Protection car insurance rates?

Now that we know how the Chevy Equinox scored on its safety ratings, we can discuss how these scores impact PIP rates. PIP coverage pays the minimum benefit amount for each person inside your vehicle who sustained an injury as a result of an accident.

The following table contains PIP loss percentages for each model in the small 4-door SUV class. Looking through this data will give us an idea of how affordable PIP rates are for the Chevy Equinox compared to other similar vehicles.

Chevrolet Equinox PIP Loss Percentages vs. Other Small SUVs
Car Make and ModelPIP Loss Percentage
Chevy Equinox12%
Chevy Trax25%
Fiat 500X16%
Ford EcoSport17%
Ford Escape3%
GMC Terrain8%
Honda CR-V-14%
Hyundai Kona6%
Hyundai Tucson0%
Jeep Compass16%
Jeep Renegade7%
Jeep Wrangler-44%
Kia Sportage7%
Mazda CX-5-20%
Mitsubishi Outlander60%
Nissan Rogue29%
Subaru Forester-24%
Toyota C-HR25%
Toyota RAV432%
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After looking at these figures, the Chevy Equinox is once again considered to be about average, with a PIP loss percentage of 12 percent.

The Mitsubishi Outlander has the highest PIP loss percentage at 60 percent, and the Jeep Wrangler has a PIP loss percentage of -44 percent, which is the best in the class.

How do safety ratings of the Chevy Equinox affect MedPay car insurance rates?

Medical Payments is the last form of coverage we’ll look at in this section. Simply put, MedPay will cover medical bills for you and passengers in your vehicle if you’re involved in any type of wreck.

When it comes to evaluating insurance costs for small 4-door SUVs, the Insurance Institute for Highway Safety  reported the following loss percentages for each vehicle in the class.

Chevrolet Equinox MedPay Loss Percentages vs. Other Small SUVs
Car Make and ModelMedPay Loss Percentage
Chevy Equinox15%
Chevy Trax49%
Fiat 500X7%
GMC Terrain2%
Honda CR-V-19%
Hyundai Tucson9%
Jeep Compass13%
Jeep Renegade25%
Jeep Wrangler-46%
Kia Sportage7%
Mazda CX-5-22%
Mitsubishi Outlander68%
Nissan Rogue28%
Subaru Forester-23%
Toyota C-HR24%
Toyota RAV419%
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At the risk of sounding like a broken record, the Chevy Equinox is once again in the average loss percentage field for MedPay at 12 percent. The Chevy Trax, however, has a loss percentage of 49 percent, which is much higher than the median for this class of vehicles.

We have gone through a lot of information about the Chevy Equinox after covering the history of the vehicle, its size class, and the average costs of insurance for this model.

Still, even the most thorough articles can leave out a few details you might be curious to learn about. That’s why we’re providing you with some frequently asked questions below.

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What is the History of the Chevy Equinox?

The Chevrolet Equinox was introduced to the public in 2005 as the first crossover SUV from Chevrolet. Ever since production began in 2004, Chevrolet has provided the car-buying public with a sensible SUV that finds a nice balance between performance, safety features, and relevant technology.

That SUV is the Chevy Equinox, and it’s still winning over the masses in the third generation of its production cycle, which took place, fittingly, on the autumnal Equinox of 2016.

The first generation 4-door Equinox featured a 5-speed automatic transmission, while the second generation model was upgraded with a 6-speed transmission and chrome styling.

The first generation Equinox came equipped with a 3.4-liter V6 engine, but the second generation models are outfitted with a 2.4-liter I4 direct injection system that gets 22 miles per gallon in the city and 32 miles per gallon on the highway.

So what has made the Chevy Equinox so popular with consumers from all walks of life? Take a look at the following video from LaPlante Chevrolet, which does an excellent job summarizing how far this SUV has come.

The proof is in the sales numbers. Data collected from GoodCarBadCar confirms that Chevrolet sold 346,049 Equinoxes in 2019, up from 332,621 in 2018. These figures have grown for the past four years, so it will be interesting to see if the model continues at that pace.

Chevrolet Equinox Performance

While most consumers select the Chevrolet Equinox for its affordable price tag, low car insurance rates, and fuel economy, others are more concerned with performance metrics like engine power and towing capacity.

Performance-conscious consumers will be pleased to learn that the Equinox can be upgraded with a V6 engine, but this will decrease the vehicle’s fuel efficiency.

The standard model is rated to tow 1,500 pounds, but owners can more than double the towing capacity by upgrading to the larger V6 engine. Models with the 3.0 liter V6 engine are rated to tow up to 3,500 pounds.

Chevrolet Equinox Comfort and Styling

For many drivers, the vehicle’s interior comfort is just as important as its fuel economy and performance. In this category, the Equinox offers some appealing amenities, but will not be mistaken for a luxury vehicle.

Although Consumer Guide points out the poor quality of some interior materials, it adds that the overall appearance of the interior is pleasing.

Drivers can enhance the vehicle’s exterior by adding a chrome package and 18 or 19-inch chrome-plated wheels.

Ready to buy Chevy Equinox car insurance? Find the best Chevy Equinox insurance costs by entering your five-digit ZIP code into our FREE quote box below and start comparing the most accurate car insurance rates.

Frequently Asked Questions: Chevrolet Equinox Insurance Cost

You are now an expert on finding the best Chevrolet car insurance costs. Refer back to this guide as much as needed while you comparison shop for affordable quotes. In the meantime, check out our frequently asked questions below.

#1 – How many miles will a Chevy Equinox last?

While there are many factors that go into how long a Chevy Equinox will last, plenty of owners have reported that the vehicle held out for 100,000 to 150,000 miles. 

The best way to keep this compact SUV in working condition is by taking it in for regularly scheduled maintenance appointments. Some drivers have even reported eclipsing the 300,000-mile mark with a 2012 model.

#2 – Why is the Chevy Equinox so affordable?

Chevrolet designed the Equinox to be an efficient, well-designed SUV that caters to the masses. The base-level L model comes with only the essentials, so more money is spent on the engine and parts so it will last for the long haul. 

Due to its simple yet reliable nature, the Chevy Equinox comes with an affordable price tag. But you can choose to upgrade by getting one of the higher trim levels that come with more features.

#3 – Is the Chevy Equinox a safe car?

After going through a minor redesign in 2018, the Chevy Equinox is safer than ever. The NHTSA has given the compact SUV positive scores after performing well in several crash tests. 

Between its solid structural design and number of safety features, drivers should feel safe behind the wheel of every Equinox, especially the most recent model years.

#4 – How is the Chevy Equinox in the snow?

Snowy weather and icy roads make driving more difficult for everybody, which is why the Chevy Equinox gets ahead of the problem with all-wheel-drive capabilities. This feature helps with tire traction, even in terrible road conditions brought on by inclement weather. 

In addition, the Equinox comes equipped with a suite of safety technologies to help drivers navigate through difficult weather conditions.

#5 – What are the common problems with the Chevy Equinox?

In the earliest model years between 2005-2007, the NHTSA reported that there were several complaints about the engine of the Equinox.

Despite these complaints, there has never been an official recall on the SUV. Headlight brightness is another issue that some owners of the Equinox have complained about. However, Chevrolet has listened to its customers and continues to make vast improvements on this popular compact SUV each year.

If you’ve been thinking about hopping behind the wheel of an Equinox, be sure to enter your five-digit ZIP code in the box below. You’ll be able to see instant rates from multiple car insurance providers so you can drive safely and confidently with a brand-new policy to match your needs.

#6 – How much is car insurance for a Chevrolet Equinox?

Car insurance for a Chevrolet Equinox has average rates of $114 per month in the US. Compare Chevy Equinox insurance quotes online to lower your car insurance rates by up to 20%. 

#7 – What SUV has the cheapest insurance?

Your insurance rates depend more on your driver demographics than the type of car you drive. That being said, according to our data the cheapest SUV to insure is the Honda CR-V and the Toyota RAV4.

#8 – Is the Equinox insurance company connected to the Chevy Equinox?

No it is not. Make sure to use our car insurance cost estimator below to get rates from multiple companies.

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