Insurance Cost Comparison: Chevrolet Equinox vs. GMC Terrain

• For 2024 models, a GMC Terrain is cheaper to insure than a Chevrolet Equinox by an average of $48 per year.
• With 47 models in the 2024 small SUV segment, the Chevrolet Equinox ranks 24^th and the GMC Terrain ranks 18^th for cheapest car insurance cost.
• For the 2024 model year Chevrolet Equinox, car insurance prices cost from $1,632 to $1,890 per year, while car insurance for a 2024 GMC Terrain ranges from $1,604 to $1,794, depending on the exact model being insured.
• The Chevrolet Equinox LS and the GMC Terrain SLE 2WD are the trims with the cheapest rates for each model in our comparison.

Is insurance cheaper on a Chevy Equinox or GMC Terrain?

When comparing the Chevrolet Equinox and GMC Terrain for the 2024 model year, the model with the lower car insurance rates is the GMC Terrain. Average insurance rates for the Chevrolet Equinox are $1,746 per year, while insurance for the GMC Terrain costs an average of $1,698 per year.

Out of 13 trims for the 2024 Chevrolet Equinox, the cheapest insurance rates are on the LS trim at a cost of $1,632 per year. Out of the six trims available for the GMC Terrain, the cheapest 2024 trim level to insure is the SLE 2WD model at a cost of $1,604 per year, or $134 per month.

When comparing both models at a trim-level basis, the cheapest trim is the GMC Terrain SLE 2WD at an average cost of $1,604 per year, and the most expensive vehicle to insure is the Chevrolet Equinox EV 3RS costing an average of $1,890 per year.

The table shown below compares the cost of car insurance for 2024 Chevrolet Equinox and GMC Terrain models, with average rates for each vehicle.

The rate chart below displays the average cost to insure both models for a range of driver ages. Insurance cost ranges from $1,556 to $3,474 per year for a 2024 Chevrolet Equinox, and $1,510 to $3,362 for a 2024 GMC Terrain for the illustrated age groups.

The rate tables below illustrate average car insurance rates for each trim level, plus the average rate for each model.

2023 Chevrolet Equinox vs. GMC Terrain

For 2023 Chevrolet Equinox and GMC Terrain models, the model having more affordable car insurance is the GMC Terrain. Insurance on the Chevrolet Equinox averages $1,658 per year, whereas insurance for the GMC Terrain costs an average of $1,640 per year.

When comparing insurance rates between these two compact sport utility vehicles, it’s important to factor in the specific trim level, however.

On a 2023 Chevrolet Equinox, car insurance rates range from $1,590 per year for the LS model up to $1,718 for the Premier AWD model.

For the 2023 GMC Terrain, rates range from $1,560 per year for the SLE 2WD model up to $1,710 for the most expensive Denali AWD model.

If buying a model with the cheapest insurance rates is your top priority, you’ll want to look at the Equinox LS, LT, and LS AWD. For the GMC Terrain, the models with the cheapest rates are the SLE 2WD, SLE AWD, and SLT 2WD.

The rate table below compares and ranks the annual and monthly car insurance costs for 2023 Chevrolet Equinox and GMC Terrain models, with average insurance prices for every trim level for each model.

The chart shown below visualizes the average cost to insure the two models using drivers aged 20 to 50. Average insurance cost ranges from $1,478 to $3,298 per year for a 2023 Chevrolet Equinox, and $1,458 to $3,250 on a 2023 GMC Terrain for the driver ages used.

Out of eight Chevrolet Equinox trim levels, the cheapest 2023 trim to insure is the LS trim at an average cost of $1,590 per year. Out of the six trim options available for the GMC Terrain, the cheapest 2023 model to insure is the SLE 2WD model at a cost of $1,560.

When comparing rates by trim level for both models, the cheapest model and trim level to insure is the GMC Terrain SLE 2WD at an average of $1,560 per year. The most expensive vehicle to insure is the Chevrolet Equinox Premier AWD costing an average of $1,718 per year.

The tables shown below break down all the available trims for both 2023 models, along with the average rate for each model. The cheapest to insure for the 2023 model year is the GMC Terrain.

2022 Chevrolet Equinox vs. GMC Terrain

When comparing average insurance rates for the 2022 Chevrolet Equinox and GMC Terrain models, the GMC Terrain is cheaper to insure by $26 per year.

The chart below illustrates the average insurance cost for the two models for the 20, 30, 40, and 50-year-old driver age groups. The average cost of full-coverage insurance ranges from $1,444 to $3,230 per year on a 2022 Chevrolet Equinox, and $1,416 to $3,170 for a 2022 GMC Terrain for the chosen age groups in the chart.

Out of eight Chevrolet Equinox trim levels, the most affordable 2022 trim level to insure is the LS trim at an average cost of $1,556 per year. A 2022 GMC Terrain has six different trim levels available, with the cheapest trim to insure being the SLE 2WD trim at an average cost of $1,522 per year.

When insurance rates for all 14 trim levels for the 2022 model year of both models are compared, the overall cheapest vehicle to put coverage on is the GMC Terrain SLE 2WD at an average cost of $1,522 per year. The highest-cost model and trim level is the Chevrolet Equinox Premier AWD costing $1,700 per year.

The tables shown below break down the average cost to insure all 2022 trim levels, along with an average cost for each model.

2021 Chevrolet Equinox vs. GMC Terrain

When comparing car insurance rates for the 2021 Chevrolet Equinox and GMC Terrain models, the Chevrolet Equinox has cheaper rates by $64 per year for this comparison year.

The rate chart below illustrates the average car insurance cost for both 2021 models using a range of rated driver ages. For the 2021 Chevrolet Equinox, average insurance cost ranges from $1,294 to $2,894 per year. Car insurance on a 2021 GMC Terrain ranges from $1,348 to $3,026 on average per year.

Out of 13 Chevrolet Equinox trims, the cheapest 2021 model to insure is the L 2WD trim at an average cost of $1,322 per year, or $110 per month.

For the seven trim and option levels available for a GMC Terrain, the most affordable 2021 trim to insure is the SL 2WD model at a cost of $1,374.

When rates are compared for the 20 option levels of both 2021 models, the most affordable model and trim level to insure is the Chevrolet Equinox L 2WD at an average rate of $1,322 per year, and the most expensive model and trim level is the GMC Terrain Denali AWD at a cost of $1,618 per year.

The tables below show average car insurance rates for each trim level, plus an average rate for each model. The 2021 Chevrolet Equinox comes out on top over the 2021 GMC Terrain for the cheapest car insurance rates.

2020 Chevrolet Equinox vs. GMC Terrain

For the 2020 Chevrolet Equinox and GMC Terrain models, the Chevrolet Equinox has cheaper car insurance rates by $66 per year for this comparison year.

The chart shown below illustrates the average insurance cost for both models rated for a variety of different driver ages. For a 2020 Chevrolet Equinox, insurance cost ranges from $1,258 to $2,812 per year for the age groups in the chart. Car insurance for a 2020 GMC Terrain costs from $1,316 to $2,956 on average per year.

Out of 13 trim levels for the 2020 Chevrolet Equinox, the most affordable insurance prices are on the L 2WD trim at a cost of $1,286 per year.

Out of the seven trims available for the GMC Terrain, the most affordable 2020 trim level to insure is the SL 2WD model at a cost of $1,336 per year, or $111 per month.

When trim-level rates for both models are compared, the cheapest trim to buy insurance for is the Chevrolet Equinox L 2WD at an average rate of $1,286 per year, and the overall most expensive vehicle to insure is the GMC Terrain Denali AWD at a cost of $1,586 per year.

The two tables below display average car insurance rates for every trim level for both 2020 models, including an overall average rate.

2019 Chevrolet Equinox vs. GMC Terrain

For the 2019 Chevrolet Equinox and GMC Terrain models, the Chevrolet Equinox is cheaper to insure by an average of $162 per year.

The chart shown below visualizes the average cost to insure the two models with different driver age groups. A full-coverage car insurance policy ranges from $1,214 to $2,704 per year on a 2019 Chevrolet Equinox, and $1,358 to $3,064 on the 2019 GMC Terrain for these driver ages.

For the 13 trims available for a 2019 Chevrolet Equinox, the cheapest trim to insure is the L 2WD model at an average cost of $1,214 per year, or around $101 per month. For the 11 option levels available for the GMC Terrain, the most affordable 2019 trim to insure is the SL 2WD trim at a cost of $1,378 per year, or around $115 per month.

When rates are compared for the 24 trims of both 2019 models, the lowest-cost model and trim to put coverage on is the Chevrolet Equinox L 2WD at an average cost of $1,214 per year, and the most expensive model and trim level is the GMC Terrain Denali AWD costing $1,618 per year.

The rate tables below display the average insurance cost by trim level for both 2019 models, as well as an average rate for each model. The winner for the 2019 car insurance comparison is the Chevrolet Equinox.

2018 Chevrolet Equinox vs. GMC Terrain

When comparing average insurance rates for the 2018 Chevrolet Equinox and GMC Terrain models, the Chevrolet Equinox is cheaper to insure by $200 per year for this comparison year.

The chart shown below illustrates the average cost to insure the two models rated for a variety of different driver ages. Average car insurance cost ranges from $1,126 to $2,496 per year for a 2018 Chevrolet Equinox, and $1,306 to $2,934 for a 2018 GMC Terrain for the age groups used in this illustration.

Out of seven Chevrolet Equinox trims, the most affordable 2018 model to insure is the L 2WD model at an average cost of $1,166 per year. Out of the 15 trim and option levels available for a GMC Terrain, the lowest-cost 2018 trim level to insure is the SL 2WD model at a cost of $1,326.

When trim-level rates for both models are compared, the cheapest model and trim level to buy insurance for is the Chevrolet Equinox L 2WD at an average cost of $1,166 per year, and the highest-cost model and trim level is the GMC Terrain Denali AWD at an average cost of $1,552 per year.

The next two tables detail all the available trims for both 2018 models, plus an average rate for each model. The 2018 Chevrolet Equinox has more affordable average car insurance than the 2018 GMC Terrain.

2017 Chevrolet Equinox vs. GMC Terrain

When comparing insurance cost for 2017 models, a Chevrolet Equinox costs an average of $1,204 per year to insure while a GMC Terrain costs $1,394, making the Chevrolet Equinox more affordable to insure by $190 per year.

The chart shown below displays the average insurance cost for both models rated for a variety of different driver ages. The average car insurance cost ranges from $1,080 to $2,386 per year for the 2017 Chevrolet Equinox, and $1,248 to $2,802 for the 2017 GMC Terrain for the sample drivers in the chart.

Out of seven trim levels for the 2017 Chevrolet Equinox, the cheapest auto insurance rates are on the L 2WD trim at a cost of $1,128 per year, or $94 per month. The 2017 GMC Terrain has seven option levels available, with the lowest-cost trim to insure being the SL 2WD trim at an average cost of $1,296 per year, or about $108 per month.

When rates for all 14 trims of both models are combined and sorted by cost, the cheapest trim to buy insurance for is the Chevrolet Equinox L 2WD at an average of $1,128 per year, and the most expensive trim is the GMC Terrain Denali AWD at an average cost of $1,484 per year.

The tables shown below illustrate the average cost to insure all 2017 trim levels, along with the average rate for each model. The winner for the 2017 car insurance cost comparison is the Chevrolet Equinox.

2016 Chevrolet Equinox vs. GMC Terrain

When comparing car insurance rates for 2016 models, the Chevrolet Equinox costs $1,198 per year to insure and the GMC Terrain costs $1,202, making the Chevrolet Equinox the cheaper model by $4.

The next chart visualizes the average cost to insure both models with different driver age groups. For a 2016 Chevrolet Equinox, the average cost of car insurance ranges from $1,072 to $2,380 per year. Full-coverage car insurance on a 2016 GMC Terrain ranges from $1,076 to $2,380 on average per year.

Out of six Chevrolet Equinox trims, the lowest-cost 2016 trim level to insure is the LS 2WD trim at an average cost of $1,140 per year, or around $95 per month. A 2016 GMC Terrain has seven different trims available, with the lowest-cost trim level to insure being the SL 2WD trim at an average cost of $1,074 per year.

When rates are compared for the 13 trim and option levels of both 2016 models, the lowest-cost model and trim level to put coverage on is the GMC Terrain SL 2WD at a cost of $1,074 per year. The most expensive model and trim level is the GMC Terrain Denali AWD at a cost of $1,270 per year.

The rate tables below break down the cost to insure the available trim levels for both 2016 models, plus an average rate for each model. The cheapest of the two models to insure for the 2016 model year is the Chevrolet Equinox.

2015 Chevrolet Equinox vs. GMC Terrain

When comparing insurance cost for 2015 models, the Chevrolet Equinox costs an average of $1,142 per year for full coverage and the GMC Terrain costs $1,166, making the Chevrolet Equinox the winner by $24.

The chart below illustrates the average insurance cost for both models for a range of driver ages. For the 2015 Chevrolet Equinox, average car insurance prices range from $1,024 to $2,272 per year for the age groups included in the chart. Insurance on the 2015 GMC Terrain costs from $1,042 to $2,334 on average per year.

Out of six trims for a 2015 Chevrolet Equinox, the most affordable rates are on the LS 2WD model at a cost of $1,068 per year, or around $89 per month.

For the six trims available for the GMC Terrain, the cheapest 2015 trim to insure is the SLE 2WD model at a cost of $1,106 per year, or $92 per month.

When trim-level rates for both models are compared, the lowest-cost model and trim to buy insurance for is the Chevrolet Equinox LS 2WD at an average cost of $1,068 per year, and the most expensive model and trim level is the GMC Terrain Denali AWD costing $1,244 per year.

The tables below break down average car insurance cost by trim level for a 2015 Chevrolet Equinox and GMC Terrain, including an overall average cost for each model. The winner for the 2015 car insurance rate comparison is the Chevrolet Equinox.

Additional Chevrolet Equinox and GMC Terrain Resources

• Chevrolet Equinox Insurance Cost
• GMC Terrain Insurance Cost
• Small SUV Insurance Cost Comparisons