Are you looking for a better way to compare more competitive auto insurance rates in Phoenix, AZ? Phoenix shoppers have lots of choices when shopping for the lowest priced Chevy Equinox insurance. You can either spend your time contacting agents getting price quotes or save time using the internet to make rate comparisons. There are both good and bad ways to shop for auto insurance and we’ll show you the quickest way to compare rates for a new or used Chevy and locate the lowest possible price either online or from Phoenix insurance agents.
Consumers should take time to compare prices periodically because prices go up and down regularly. If you had the lowest price on Chevy Equinox insurance in Phoenix six months ago you can probably find a lower rate today. Block out anything you think you know about auto insurance because you’re going to learn the quickest way to reduce your cost while increasing coverage.
Free Phoenix Chevy Equinox insurance quotes
The auto insurance companies shown below provide comparison quotes in Arizona. If multiple providers are shown, we suggest you visit two to three different companies in order to find the most competitive rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$202||$396||$288||$18||$86||$990||$83|
|Equinox LT 2WD||$198||$386||$282||$16||$84||$966||$81|
|Equinox LS AWD||$226||$448||$362||$22||$108||$1,166||$97|
|Equinox LT AWD||$232||$390||$300||$18||$90||$1,030||$86|
|Equinox LTZ 2WD||$194||$342||$308||$18||$92||$954||$80|
|Equinox LTZ AWD||$148||$266||$308||$18||$92||$832||$69|
|Equinox LTZ AWD||$156||$326||$390||$24||$116||$1,012||$84|
|Get Your Own Custom Quote Go|
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Table data does not factor in zip code location which can decrease or increase coverage prices greatly.
Full coverage versus liability only rates
The illustration below examines Chevrolet Equinox premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The data assumes no claims or violations, $100 deductibles, single female driver, and no discounts are applied.
Should you pay for full coverage?
There is no specific rule to exclude physical damage insurance, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s pretend your Chevrolet Equinox claim settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after the deductible is paid. If premiums are more than $200 a year for full coverage, then it might be time to buy liability only.
There are some circumstances where dropping full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Lower rate quotes on Chevy Equinox insurance in Phoenix with these car insurance discounts
Properly insuring your vehicles can get expensive, but you may be missing some discounts that could help you make your next renewal payment. Certain discounts will be applied when you quote, but occasionally some discounts must be requested specifically before being credited.
- Anti-lock Brake System – Cars that have anti-lock braking systems can stop better under adverse conditions so you can save 10 percent or more.
- Memberships – Having an affiliation with a qualifying organization is a good way to get lower rates on your policy.
- Early Renewal Discounts – A few companies allow discounts for switching companies before your current coverage expires. It could save around 10% when you buy Phoenix auto insurance online.
- Online Discount – Some insurance companies may give you up to $50 just for signing your application on their website.
- Discount for Life Insurance – Larger insurance carriers have a break if you buy life insurance from them.
A little disclaimer on discounts, most of the big mark downs will not be given to the whole policy. Most only apply to specific coverage prices like liability and collision coverage. Even though the math looks like having all the discounts means you get insurance for free, you won’t be that lucky.
Popular car insurance companies and some of the premium reductions they offer are included below.
- American Family offers discounts including TimeAway discount, good driver, air bags, Steer into Savings, and accident-free.
- Farm Bureau offers discounts for good student, safe driver, multi-vehicle, renewal discount, youthful driver, driver training, and 55 and retired.
- State Farm may offer discounts for multiple autos, safe vehicle, Drive Safe & Save, good driver, and student away at school.
- Travelers has savings for driver training, IntelliDrive, new car, payment discounts, continuous insurance, hybrid/electric vehicle, and multi-policy.
- The Hartford has discounts for good student, vehicle fuel type, air bag, defensive driver, driver training, bundle, and anti-theft.
- GEICO includes discounts for defensive driver, five-year accident-free, air bags, daytime running lights, federal employee, seat belt use, and anti-lock brakes.
- Progressive discounts include multi-policy, online signing, online quote discount, continuous coverage, and multi-vehicle.
Before buying, ask all companies you are considering how you can save money. Some discounts listed above may not apply in Phoenix. To view companies with the best Chevy Equinox insurance discounts in Arizona, click this link.
Auto insurance is not optional in Arizona
Despite the high cost of buying insurance for a Chevy Equinox in Phoenix, insuring your vehicle may be required and benefits you in several ways.
- The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance in order to drive the car. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Equinox, it’s most likely the lender will stipulate that you buy full coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the lender may insure your Chevy at an extremely high rate and require you to fork over for the expensive policy.
- Auto insurance protects not only your Chevy but also your assets. It will also cover all forms of medical expenses that are the result of an accident. Liability insurance also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of having insurance greatly outweigh the cost, particularly for liability claims. According to a 2015 survey, the average American driver is currently overpaying as much as $800 each year so shop around at every renewal to ensure rates are competitive.
There’s no such thing as the perfect insurance policy
When quoting and choosing coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different and your policy should reflect that.
For example, these questions could help you determine whether you could use an agent’s help.
- Is a fancy paint job covered?
- Is upholstery damage covered by car insurance?
- Does coverage follow the driver or the vehicle?
- Do I really need UM/UIM coverage?
- Can my teen drive my company car?
- Am I covered by my spouse’s policy after a separation?
- What if I owe more than I can insure my car for?
- Should I sign the liability waiver when renting a car?
- Is rental equipment covered for theft or damage?
If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Shop online but buy locally
Certain consumers prefer to sit down and talk to an agent and that is just fine! Good agents are highly skilled in risk management and help submit paperwork. An additional benefit of comparing insurance prices online is that drivers can save money and get cheap insurance rates and still have an agent to talk to.
Upon completion of this short form, the quote information is sent to agents in your area who will gladly provide quotes for your insurance coverage. There is no need to even leave your home because quoted prices will be sent to your email. If you have a need to compare prices from a specific company, you just need to visit that company’s website and fill out their quote form.
Finding a good provider should include more criteria than just the premium amount. A good agent in Phoenix will have answers to these questions.
- Does the agency have a current Errors and Omissions policy?
- Will they give you a referral list?
- How often do they review coverages?
- Will you work with the agent or an assistant?
- If independent agents, which companies do they recommend?
- Can glass repairs be made at your home?
- How many companies do they write for?
Best auto insurance agent in Phoenix
If you want a local insurance agency, there are two types of agencies and how they differ in how they quote coverages. Insurance agents in Phoenix are classified as either independent agents or exclusive agents. Either type can insure your vehicles properly, but it’s worth mentioning the difference between them because it can factor into the kind of agent you use.
Agents that choose to be exclusive can usually just insure with one company like AAA, Allstate, State Farm, or Farmers Insurance. They generally cannot give you multiple price quotes so you need to shop around if the rates are high. These agents are highly trained on their company’s products and that can be a competitive advantage. Consumers sometimes choose to use a exclusive agent primarily because of the brand rather than low rates.
Shown below is a short list of exclusive agents in Phoenix who can help you get price quote information.
- Allstate Insurance: David Vasquez
4151 W Bethany Home Rd a – Phoenix, AZ 85019 – (602) 841-1421 – View Map
- Jacob Rosell – State Farm Insurance Agent
2218 N 24th St – Phoenix, AZ 85008 – (602) 267-8200 – View Map
- Marcella Busto – State Farm?? Insurance Agent
3401 N 32nd St B – Phoenix, AZ 85018 – (602) 955-5450 – View Map
These type of agents are not employed by any specific company so as a result can place your coverage through many companies and get the cheapest rates. If you want to switch companies, they simply switch companies in-house and you don’t have to do anything.
If you need lower rates, we recommend you compare prices from at least one independent agent to get the best comparison. Most also write with small mutual carriers which can save you money.
Shown below are independent agencies in Phoenix that can give you price quotes.
- American Premier Insurance Agency
16815 S Desert Foothills Pkwy #140 – Phoenix, AZ 85048 – (480) 423-3444 – View Map
- Farmer-Leavitt Insurance Agency
919 N 1st St – Phoenix, AZ 85004 – (602) 264-0566 – View Map
- MiniCo Insurance Agency, LLC
10851 N Black Canyon Hwy #200 – Phoenix, AZ 85029 – (800) 528-1056 – View Map