Chevrolet Equinox vs. Traverse Insurance Quote Comparisons

• A 2024 Chevrolet Equinox has cheaper overall car insurance rates than a 2024 Chevrolet Traverse by an average of $24 per year, $1,746 compared to $1,770.
• The Chevrolet Equinox costs $137 less per year than the national average car insurance rate of $1,883, while the Chevrolet Traverse averages $113 less per year.
• For a 2024 Chevrolet Equinox, auto insurance rates cost from $1,632 to $1,890 per year, while insurance on the 2024 Chevrolet Traverse costs from $1,672 to $1,872, depending on trim level and options.

Is a Chevy Equinox or Traverse cheaper to insure?

For 2024 models, the model with the cheapest average insurance rates is the Chevrolet Equinox. Average car insurance rates for the Chevrolet Equinox are $1,746 per year, and insurance for a Chevrolet Traverse costs an average of $1,770 per year.

Out of 13 Chevrolet Equinox trims, the cheapest 2024 trim level to insure is the LS model at an average cost of $1,632 per year, or about $136 per month. For the seven trim levels available for the Chevrolet Traverse, the cheapest 2024 model to insure is the LS 2WD model at a cost of $1,672.

When trim-level rates for both models are compared, the lowest-cost model and trim level is the Chevrolet Equinox LS at an average rate of $1,632 per year, and the highest-cost model and trim is the Chevrolet Equinox EV 3RS at an average of $1,890 per year.

The next table ranks the annual and monthly car insurance cost for 2024 Chevrolet Equinox and Chevrolet Traverse models, showing average cost for each trim level.

The rate chart below demonstrates the average cost to insure the two models for drivers aged 20 to 50. For a 2024 Chevrolet Equinox, average car insurance cost ranges from $1,556 to $3,474 per year for the included driver ages. A 2024 Chevrolet Traverse costs from $1,576 to $3,536 to insure per year.

The next two tables illustrate the expected annual car insurance cost by trim level for both 2024 models, including an overall average rate. The 2024 Chevrolet Equinox defeats the 2024 Chevrolet Traverse for cheapest car insurance rates.

2023 Chevrolet Equinox vs. Chevrolet Traverse

For the 2023 model year, the model having the cheapest car insurance rates is the Chevrolet Equinox. Average insurance rates for the Chevrolet Equinox are $1,658 per year, whereas the Chevrolet Traverse averages $1,760 per year.

For the eight trims available for the 2023 Chevrolet Equinox, the cheapest trim to insure is the LS trim at an average cost of $1,590 per year.

For the 12 trims available for the Chevrolet Traverse, the cheapest 2023 trim to insure is the LS 2WD model at a cost of $1,628.

When comparing aggregated rates for both models from a trim-level perspective, the lowest-cost model and trim to insure is the Chevrolet Equinox LS at an average of $1,590 per year. The highest-cost model and trim is the Chevrolet Traverse High Country AWD costing an average of $1,868 per year.

The table shown below ranks the yearly and monthly cost of car insurance for 2023 Chevrolet Equinox and Chevrolet Traverse models, with average rates for each vehicle.

The chart below demonstrates the average cost to insure the two models with different driver age groups. The average cost of car insurance ranges from $1,478 to $3,298 per year for a 2023 Chevrolet Equinox, and $1,566 to $3,518 for a 2023 Chevrolet Traverse for the age groups used in this illustration.

The rate tables below illustrate the average cost to insure all 2023 trim levels, including an overall average rate. The winner for the 2023 car insurance rate comparison is the Chevrolet Equinox.

2022 Chevrolet Equinox vs. Chevrolet Traverse

Average insurance rates for a 2022 Chevrolet Equinox are $1,620 per year, and insurance for a 2022 Chevrolet Traverse averages $1,784 per year, making the Chevrolet Equinox the cheapest to insure.

Within each different model, however, insurance cost varies significantly depending on the trim level of the vehicle being insured. For example, on a 2022 Equinox, car insurance rates range from the cheapest price of $1,556 per year for the LS model up to the most expensive rate of $1,700 for the Premier AWD model. For the 2022 Traverse, rates can range from $1,592 per year on the LS 2WD model up to $1,912 on the most expensive to insure High Country AWD model.

The table shown below compares the cost of car insurance for 2022 Chevy Equinox and Traverse models, with average rates for each trim level.

The following chart displays the average car insurance cost for both models with different ages of drivers. Average insurance cost ranges from $1,444 to $3,230 per year for the 2022 Equinox, and $1,584 to $3,576 on a 2022 Traverse for the five driver ages sampled in the chart.

Out of eight trims for a 2022 Chevrolet Equinox, the cheapest auto insurance rates are on the LS trim at a cost of $1,556 per year, or around $130 per month.

For the 12 option levels available for the Chevrolet Traverse, the cheapest 2022 trim level to insure is the LS 2WD trim at a cost of $1,592 per year, or about $133 per month.

When rates for all 20 trim levels for both vehicles are compared, the lowest-cost model and trim to insure is the Chevrolet Equinox LS at a cost of $1,556 per year, and the most expensive model and trim level is the Chevrolet Traverse High Country AWD costing $1,912 per year.

The next tables illustrate the average insurance cost by trim level for both 2022 models, as well as the overall average rate for each model. The 2022 Chevrolet Equinox has lower-cost car average car insurance rates than the 2022 Chevrolet Traverse.

2021 Chevrolet Equinox vs. Chevrolet Traverse

For 2021 Chevrolet Equinox and Chevrolet Traverse models, the Chevrolet Equinox costs less to insure by $236 per year.

The next chart visualizes the average car insurance cost for both 2021 models for drivers aged 20 to 50. The average cost of car insurance ranges from $1,294 to $2,894 per year for a 2021 Chevrolet Equinox, and $1,502 to $3,388 on a 2021 Chevrolet Traverse for the five driver ages sampled in the chart.

For the 13 trim levels available for a 2021 Chevrolet Equinox, the most affordable model to insure is the L 2WD model at an average cost of $1,322 per year. For the 13 different option levels available for a Chevrolet Traverse, the cheapest 2021 model to insure is the L 2WD model at a cost of $1,458.

When trim-level rates for both models are compared, the lowest-cost model and trim level to put coverage on is the Chevrolet Equinox L 2WD at an average cost of $1,322 per year, and the highest-cost model and trim level is the Chevrolet Traverse High Country AWD at an average cost of $1,824 per year.

The rate tables below detail trim level insurance cost averages for both 2021 models, including an overall average cost for each model. The cheapest model to insure for the 2021 model year is the Chevrolet Equinox.

2020 Chevrolet Equinox vs. Chevrolet Traverse

When comparing insurance rates for 2020 models, a Chevrolet Equinox costs an average of $1,412 per year to insure while a Chevrolet Traverse costs $1,640, making the Chevrolet Equinox cheaper to insure by $228 per year for this comparison year.

The following chart visualizes the average cost to insure the two models for drivers from age 20 to 50. Average full-coverage insurance ranges from $1,258 to $2,812 per year on a 2020 Chevrolet Equinox, and $1,460 to $3,292 for the 2020 Chevrolet Traverse for the five age groups shown in the chart.

The 2020 Chevrolet Equinox has 13 trims available, with the most affordable model to insure being the L 2WD model at an average cost of $1,286 per year, or $107 per month.

For the 13 option levels available for the Chevrolet Traverse, the lowest-cost 2020 trim to insure is the L 2WD model at a cost of $1,420 per year, or $118 per month.

When comparing combined rates for both models from a trim-level perspective, the cheapest model and trim level to buy insurance for is the Chevrolet Equinox L 2WD at an average rate of $1,286 per year, and the highest-cost model and trim level is the Chevrolet Traverse High Country AWD at a cost of $1,770 per year.

The next two rate tables illustrate the average cost to insure all 2020 trim levels, plus an average rate for each model. The model with the cheapest car insurance rates for 2020 is the Chevrolet Equinox.

2019 Chevrolet Equinox vs. Chevrolet Traverse

When comparing insurance cost for 2019 models, the Chevrolet Equinox costs $1,360 per year for a full-coverage policy and the Chevrolet Traverse costs $1,444, making the Chevrolet Equinox the model with cheaper insurance by $84 for this comparison year.

The chart below illustrates the average insurance cost for both models for four different driver age groups. The average cost of full-coverage insurance ranges from $1,214 to $2,704 per year for the 2019 Chevrolet Equinox, and $1,284 to $2,892 on a 2019 Chevrolet Traverse for the driver ages used.

The 2019 Chevrolet Equinox has 13 trim levels available, with the cheapest trim to insure being the L 2WD model at an average cost of $1,214 per year.

For the 11 trims available for the Chevrolet Traverse, the most affordable 2019 model to insure is the L 2WD trim at a cost of $1,248.

When average car insurance prices for all 24 trim levels for both 2019 models are compared, the lowest-cost model and trim level to insure is the Chevrolet Equinox L 2WD at an average rate of $1,214 per year. The most expensive trim is the Chevrolet Traverse High Country AWD at a cost of $1,584 per year.

The two tables below illustrate trim level insurance cost averages for both 2019 models, plus an average rate for each model. The 2019 Chevrolet Equinox comes out with a win over the 2019 Chevrolet Traverse for cheapest car insurance rates.

2018 Chevrolet Equinox vs. Chevrolet Traverse

When comparing car insurance rates for 2018 models, the Chevrolet Equinox costs an average of $1,260 per year for full coverage and the Chevrolet Traverse costs $1,372, making the Chevrolet Equinox the winner by $112 for 2018.

The chart shown below demonstrates the average cost to insure the two models for different driver ages. The average cost of full-coverage insurance ranges from $1,126 to $2,496 per year on a 2018 Chevrolet Equinox, and $1,224 to $2,744 on a 2018 Chevrolet Traverse for the driver examples in the chart.

For the seven trim levels available for the 2018 Chevrolet Equinox, the lowest-cost trim to insure is the L 2WD model at an average cost of $1,166 per year.

Out of the nine different trims available for a Chevrolet Traverse, the most affordable 2018 trim level to insure is the L 2WD trim at a cost of $1,198 per year, or $100 per month.

When rates are compared for the 16 trim options of both 2018 models, the overall cheapest vehicle to insure is the Chevrolet Equinox L 2WD at an average of $1,166 per year, and the most expensive model and trim level is the Chevrolet Traverse High Country AWD costing an average of $1,514 per year.

The next two tables illustrate the expected annual car insurance cost by trim level for both 2018 models, including an overall average cost for each model.

2017 Chevrolet Equinox vs. Chevrolet Traverse

When comparing insurance cost for 2017 models, a Chevrolet Equinox costs an average of $1,204 per year to insure and a Chevrolet Traverse costs $1,300, making the Chevrolet Equinox cheaper to insure by $96 per year for this model year.

The next chart displays the average cost to insure both models with different drivers at the wheel. For the 2017 Chevrolet Equinox, average insurance cost ranges from $1,080 to $2,386 per year for the five driver ages sampled in the chart. Insurance for a 2017 Chevrolet Traverse ranges from $1,160 to $2,596 on average per year.

For the seven trim levels available for the 2017 Chevrolet Equinox, the cheapest trim to insure is the L 2WD model at an average cost of $1,128 per year. For the six trim and option levels available for the Chevrolet Traverse, the lowest-cost 2017 trim level to insure is the LS 2WD trim at a cost of $1,158 per year, or about $97 per month.

When all 13 trims of both models are combined and compared, the cheapest model and trim level to put coverage on is the Chevrolet Equinox L 2WD at an average cost of $1,128 per year, and the most expensive model and trim level is the Chevrolet Traverse Premier AWD at a cost of $1,372 per year.

The rate tables below break down average cost to insure each trim level for a 2017 Chevrolet Equinox and Chevrolet Traverse, plus the average rate for each model. The cheapest to insure for the 2017 model year is the Chevrolet Equinox.

2016 Chevrolet Equinox vs. Chevrolet Traverse

When comparing car insurance rates for 2016 models, the Chevrolet Equinox costs an average of $1,198 per year for full coverage and the Chevrolet Traverse costs $1,224, making the Chevrolet Equinox the winner by $26.

The following chart shows the average cost to insure the two models with different drivers at the wheel. The average cost of full-coverage insurance ranges from $1,072 to $2,380 per year for a 2016 Chevrolet Equinox, and $1,094 to $2,442 for the 2016 Chevrolet Traverse for the different drivers illustrated in the chart.

The 2016 Chevrolet Equinox has six trim levels available, with the cheapest trim level to insure being the LS 2WD trim at an average cost of $1,140 per year, or around $95 per month.

The 2016 Chevrolet Traverse has six trim and option levels available, with the lowest-cost trim to insure being the LS 2WD trim at an average cost of $1,128 per year.

When comparing both models combined at a trim-level basis, the most affordable model and trim level to buy insurance for is the Chevrolet Traverse LS 2WD at an average cost of $1,128 per year, and the most expensive trim is the Chevrolet Traverse LTZ AWD costing $1,284 per year.

The next two tables break down all the available trims for both 2016 models, along with the average rate for each model. The model with the cheapest overall car insurance rates for 2016 is the Chevrolet Equinox.

2015 Chevrolet Equinox vs. Chevrolet Traverse

When comparing insurance cost for 2015 models, the Chevrolet Equinox costs an average of $1,142 per year to insure and the Chevrolet Traverse costs $1,252, making the Chevrolet Equinox the cheaper model to insure by $110 for the 2015 comparison year.

The chart shown below illustrates the average cost to insure the two models for four different driver age groups. For a 2015 Chevrolet Equinox, the average car insurance cost ranges from $1,024 to $2,272 per year. Auto insurance on the 2015 Chevrolet Traverse costs from $1,122 to $2,516 on average per year.

Out of six Chevrolet Equinox trims, the most affordable 2015 trim to insure is the LS 2WD trim at an average cost of $1,068 per year, or about $89 per month.

For the six trim and option levels available for a Chevrolet Traverse, the lowest-cost 2015 trim level to insure is the LS 2WD model at a cost of $1,178 per year, or around $98 per month.

When rates are compared for the 12 trim options of both 2015 models, the cheapest trim to buy insurance for is the Chevrolet Equinox LS 2WD at a cost of $1,068 per year. The highest-cost model and trim is the Chevrolet Traverse LTZ AWD at an average cost of $1,324 per year.

The tables shown below break down the expected annual car insurance cost by trim level for both 2015 models, as well as the overall average rate for each model. The 2015 Chevrolet Equinox has more affordable average car insurance rates than the 2015 Chevrolet Traverse.

Additional Chevrolet Equinox and Chevrolet Traverse Resources

• Chevrolet Equinox Insurance Cost
• Chevrolet Traverse Insurance Cost
• Small SUV Insurance Cost Comparisons
• Midsize SUV Insurance Cost Comparisons