2007 Chevrolet Equinox Insurance Cost

Did a good deal turn into an overpriced insurance policy? Believe me when I say there are many people just like you.

Multiple car insurance companies compete for your insurance dollar, and it can be difficult to compare rates to find the lowest price

Where can I get cheap insurance?

Effectively comparing insurance prices can be exhausting if you aren’t aware of the most efficient way to do it. You could waste a few hours talking to insurance agencies in your area, or you can stay home and use online quoting to get prices fast.

The majority of car insurance companies are enrolled in a marketplace that allows shoppers to send in one quote, and each company then gives them pricing based on that data. This system prevents you from having to do quote forms to each company.

To enter your information into the quoting system, click to open in new window.

The only downside to pricing coverage this way is that consumers can’t choose which companies to receive prices from. So if you prefer to choose specific insurance companies for rate comparison, we put together a list of insurance companies in your area. View list of insurance companies.

The method you choose is up to you, but make sure you use nearly identical quote data for every quote you compare. If your comparisons have different coverage information it will be nearly impossible to make a fair rate comparison. Having just a slight variation in insurance coverages may cause a big price difference. Just remember that making a lot of price comparisons helps locate the best offered rates.

Are you earning every discount?

Companies don’t necessarily list every policy discount in a way that’s easy to find, so below is a list both well-publicized as well as some of the hidden credits available to lower your premiums when you buy car insurance online.

• Theft Prevention Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and can earn a small discount on your policy.
• College Student – who are enrolled in a college that is more than 100 miles from home and do not take a car to college can be insured at a reduced rate.
• Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems could see savings of 20% or more.
• Payment Method – By paying your entire bill at once rather than paying in monthly installments you can avoid the installment charge.
• Professional Memberships – Being in qualifying clubs or civic groups can get you a small discount when shopping for auto insurance.
• Paperwork-free – A handful of larger companies will give you a small discount shop car insurance online.
• Home Ownership Discount – Just being a homeowner may trigger a policy discount on auto insurance because of the fact that having a home demonstrates responsibility.
• Anti-lock Brake System – Cars and trucks that have anti-lock braking systems can stop better under adverse conditions and will save you 10% or more.

A quick disclaimer, some credits don’t apply to your bottom line cost. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky.

Large auto insurance companies and some of the premium reductions they offer include:

• Progressive discounts include online signing, continuous coverage, online quote discount, multi-vehicle, and homeowner.
• Geico offers premium reductions for anti-theft, federal employee, air bags, emergency military deployment, driver training, military active duty, and good student.
• State Farm may include discounts for driver’s education, multiple autos, passive restraint, multiple policy, Steer Clear safe driver discount, Drive Safe & Save, and student away at school.
• Esurance has discounts for multi-car, anti-theft, good driver, anti-lock brakes, and emergency road assistance.
• The Hartford has savings for air bag, vehicle fuel type, bundle, defensive driver, and anti-theft.

Check with all the companies to apply every possible discount. A few discounts might not apply in every state. To see a list of providers that can offer you the previously mentioned discounts, click here.

When in doubt talk to an agent

When choosing proper insurance coverage, there really is no perfect coverage plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that can aid in determining if your insurance needs could use an agent’s help.

• Are my tools covered if they get stolen from my vehicle?
• What is high-risk coverage and where do I buy it?
• Is other people’s property covered if stolen from my vehicle?
• I have health insurance so do I need medical payments coverage?
• How much liability insurance is required?
• Does medical payments coverage apply to all occupants?
• When does my teenage driver need to be added to my policy?
• When should I drop full coverage on my 2007 Chevy Equinox?
• What is no-fault insurance?
• Is my cargo covered for damage or theft?

If you’re not sure about those questions, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Insurance coverage basics

Learning about specific coverages of your insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages available from insurance companies.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for bills for funeral costs, chiropractic care, X-ray expenses, pain medications and surgery. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hail damage, hitting a deer, vandalism and a broken windshield. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Auto liability insurance – Liability insurance provides protection from damages or injuries you inflict on other people or property in an accident. It protects you from claims by other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things such as legal defense fees, pain and suffering and court costs. How much coverage you buy is up to you, but buy as much as you can afford.

Collision coverages – This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as backing into a parked car, driving through your garage door, crashing into a building and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.