Find Cheaper Chevy Equinox Insurance in Chicago

How long has it been since the last time you looked for more competitive Chevy Equinox insurance in Chicago? Are you regretting buying an expensive insurance policy? Believe me when I say you’re not the only one.

Insurance quote for Chevy Equinox in ChicagoIt’s astonishing, but nearly 70% of drivers have bought insurance from the same company for more than four years, and nearly the majority have never shopped around. Chicago drivers could cut their rates by $600 a year by just comparing quotes, but they just feel it’s too hard to compare rates online. Big-name insurance companies like State Farm, Farmers Insurance, GEICO and Allstate all promote huge savings with ad campaigns and it is challenging if not impossible to not get sucked in by the cute commercials and find the best price available.

You need to do price comparisons before your policy renews due to the fact that insurance rates tend to go up over time. If you had the best deal on Chevy Equinox insurance in Chicago a couple years back other companies may now be cheaper. Forget all the misinformation about insurance because I’m going to teach you the tricks you need to know to reduce your cost while increasing coverage.

Reducing your insurance rates is surprisingly easy. All that’s required is to spend a little time comparing rate quotes from online providers.

Comparing rate quotes online is fast and free, and it makes it a waste of time to waste gas driving to different agent offices. Comparing Chevy Equinox insurance rates online can eliminate the need for a local agent unless you’re the type of person who wants the professional abilities of a local agent. Drivers can compare online quotes and still use a local agent.

The following companies can provide price comparisons in Illinois. If multiple companies are listed, we suggest you visit two to three different companies in order to get a fair rate comparison.

Chevrolet Equinox Insurance Price Estimates in Chicago, IL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $120 $210 $266 $16 $80 $692 $58
Equinox LT 2WD $224 $406 $262 $16 $78 $986 $82
Equinox LS AWD $120 $210 $266 $16 $80 $692 $58
Equinox LT AWD $120 $210 $266 $16 $80 $692 $58
Equinox LTZ 2WD $252 $492 $352 $20 $106 $1,222 $102
Equinox LTZ AWD $198 $406 $250 $14 $76 $944 $79
Equinox LTZ AWD $218 $468 $294 $18 $88 $1,086 $91
Get Your Own Custom Quote Go

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Prices do not factor in specific garaging location which can impact premiums considerably.

Impact of speeding/accidents on auto insurance rates

The example below shows how violations and at-fault claims can raise Chevrolet Equinox yearly insurance costs for different categories of driver ages. The price estimates are based on a married female driver, full coverage, $500 deductibles, and no discounts are taken into consideration.

Rate comparison of males versus females in Chicago

The diagram below compares Chevrolet Equinox auto insurance costs for male and female drivers. The rates are based on no claims or driving citations, full coverage, $1,000 deductibles, single marital status, and no discounts are taken into consideration.

Chicago insurance discounts for a Chevy Equinox

Auto insurance companies don’t list the entire discount list very well, so the list below details some of the best known as well as some of the hidden credits that may apply to you.Auto insurance discounts

One last thing about discounts, some credits don’t apply to your bottom line cost. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though the math looks like all those discounts means the company will pay you, that’s just not realistic. But all discounts will help lower your auto insurance premiums.

Insurance companies who might offer these money-saving discounts may include but are not limited to:

Before you buy a policy, ask all companies you are considering which discounts they offer. All car insurance discounts might not be offered in Chicago.

Car insurance quotes from local Chicago insurance agencies

Many drivers still like to talk to a local agent and that is not a bad decision Most agents are highly skilled in risk management and help file insurance claims. An additional benefit of price shopping on the web is you may find lower auto insurance rates and still have a local agent. And buying from neighborhood agents is important especially in Chicago.

Find insurance agent in ChicagoTo help locate an agent, after submitting this simple form, your information is sent to local insurance agents in Chicago who want to provide quotes to get your business. There is no reason to visit any agencies because quoted prices will be sent instantly to you. If you wish to compare rates from a particular provider, don’t hesitate to go to their quote page and fill out the quote form the provide.

Different types of Chicago auto insurance agents

If you want a good Chicago insurance agent, it’s helpful to know the types of agencies and how they can service your needs differently. Car insurance policy providers are either independent or exclusive depending on the company they work for. Both can do a good job, but it’s a good idea to understand the differences since it can impact the type of agent you choose.

Independent Car Insurance Agents (or Brokers)

Agents in the independent channel often have affiliation with several companies so as a result can place your coverage with an assortment of companies depending on which coverage is best. If they find a lower price, your agent can just switch to a different company and you don’t have to do anything.

When comparing rate quotes, you absolutely need to get some free quotes from independent agents for the best price selection.

Shown below is a small list of independent agencies in Chicago that may be able to give you cheap rate quotes.

4541 N Lincoln AveChicago, IL 60625(773) 561-4200View Map

4806 N Milwaukee AveChicago, IL 60630(773) 202-9666View Map

3438 N Southport AveChicago, IL 60657(773) 871-8000View Map

View more agents

Exclusive Car Insurance Agencies

Exclusive agencies can only quote rates from one company and some examples include Allstate and State Farm. Exclusive agencies are unable to provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agencies receive extensive training on their products and sales techniques and that can be a competitive advantage.

Shown below is a list of exclusive agents in Chicago that are able to give comparison quotes.

5700 N Lincoln Ave #209Chicago, IL 60659(773) 561-1700View Map

860 N Clark StChicago, IL 60610(312) 751-0500View Map

4317 N Lincoln AveChicago, IL 60618(773) 477-3300View Map

View more agents

Choosing the best auto insurance agent shouldn’t rely on just a cheap price quote. The questions below may impact your decision as well.

Informed Consumers Know How to Get Insurance Cheaper

A large part of saving on insurance is knowing the rating factors that are used to determine the rates you pay for insurance. If you have a feel for what positively or negatively impacts your premiums, this enables you to make decisions that may reward you with cheaper rates.

Three reasons to insure your Chevy Equinox

Even though Chicago Equinox insurance rates can get expensive, paying for auto insurance serves a purpose in several ways.

First, the majority of states have mandatory liability insurance requirements which means you are required to buy specific minimum amounts of liability coverage if you don’t want to risk a ticket. In Illinois these limits are 20/40/15 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you took out a loan on your Equinox, almost all lenders will make it a condition of the loan that you have physical damage coverage to guarantee payment of the loan. If you default on your policy, the bank or lender will purchase a policy for your Chevy at a more expensive rate and require you to fork over for it.

Third, auto insurance protects not only your vehicle but also your financial assets. It will also provide coverage for all forms of medical expenses incurred in an accident. As part of your policy, liability insurance will also pay attorney fees if you cause an accident and are sued. If your Chevy gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of buying auto insurance definitely exceed the price paid, particularly for liability claims. As of last year, the average driver in Illinois is overpaying more than $700 annually so it’s recommended you shop around each time the policy renews to ensure rates are competitive.

A conclusion for your insurance search

Budget-conscious Chevy Equinox insurance is available from both online companies as well as from independent agents in Chicago, so you should compare both in order to have the best price selection to choose from. There are still a few companies who may not offer internet price quotes and many times these small, regional companies sell through independent agents.

Throughout this article, we presented many ways to save on Chevy Equinox insurance in Chicago. The most important thing to understand is the more price quotes you have, the better your chances of lowering your premium rates. Drivers may even discover the most savings is with an unexpected company. Regional companies may only write in your state and offer lower premium rates than the large multi-state companies such as Allstate and Progressive.

When trying to cut insurance costs, make sure you don’t buy less coverage just to save a little money. Too many times, someone sacrificed full coverage only to discover later that the few dollars in savings costed them thousands. The aim is to find the BEST coverage for the lowest price while still protecting your assets.

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