Are you confused by the sheer number of insurance sources? Many other drivers are as well. Consumers have such a vast assortment of sources available that it can be a ton of work to find the perfect company for you.
It’s smart to price shop coverage every six months because rates are usually higher with each renewal. Despite the fact that you may have had the best premium rates for Equinox coverage last year the chances are good that you can find a lower price today. Forget all the misinformation about insurance because we’re going to show you the tricks you need to know to remove unneeded coverages and save money.
Auto insurance is not inexpensive, but you may be missing some discounts that can help lower your rates. Certain credits will be shown when you get a quote, but a few must be asked about before they will apply.
It’s important to note that some of the credits will not apply to all coverage premiums. Some only apply to individual premiums such as physical damage coverage or medical payments. Just because it seems like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.
A few of the larger companies and a selection of discounts can be read below.
When comparing rates, check with each insurance company how you can save money. Savings may not apply to policies in every state.
When comparison shopping, there are several ways of comparing rates from lots of auto insurance companies. The simplest method to find the lowest 2015 Chevy Equinox rates is simply to get online rate quotes. It’s really quite simple and can be done using a couple different methods.
It’s up to you how you get prices quotes, just try to use equivalent coverage limits and deductibles for each quote you get. If you enter different coverage information it will be next to impossible to make an equal comparison. Even a minor difference in coverage limits could throw off the whole comparison. And when quoting auto insurance, remember that comparing a wide range of rates increases the change that you will find lower pricing.
Many different elements are considered when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, but other factors are more transparent like your vehicle usage and annual miles driven.
Listed below are some of the major factors used by insurance companies to determine prices.
When buying the best insurance coverage, there really is no one size fits all plan. Each situation is unique.
Here are some questions about coverages that may help you determine if your situation may require specific advice.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form.
Knowing the specifics of insurance can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.
Coverage for medical payments – Coverage for medical payments and/or PIP kick in for expenses for nursing services, doctor visits and pain medications. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage
Collision – Collision coverage covers damage to your Equinox resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.
Collision can pay for claims such as colliding with a tree, hitting a parking meter, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.
Auto liability – This protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.
Liability can pay for claims like emergency aid, medical expenses, repair bills for other people’s vehicles, loss of income and funeral expenses. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.
Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as a broken windshield, hitting a bird, damage from a tornado or hurricane and hitting a deer. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Chevy Equinox.
Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits are identical to your policy’s liability coverage.
Cheap 2015 Chevy Equinox insurance can be bought from both online companies and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. Some insurance companies may not have price quotes online and these small, regional companies work with independent insurance agents.
People who switch companies do it for many reasons like not issuing a premium refund, delays in paying claims, high prices or even questionable increases in premium. Regardless of your reason, finding a new car insurance company is pretty simple and you could end up saving a buck or two.
We covered a lot of information how to get a better price on 2015 Chevy Equinox insurance. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from the smaller companies.
Much more information about car insurance is available at the links below