Lower Your 2017 Chevrolet Equinox Insurance Quotes

Being forced to pay for expensive insurance premiums can stress out your monthly budget and force you to cut corners elsewhere. Big-name insurance companies like Progressive, Geico and Farmers Insurance continually bombard you with ad campaigns and it is challenging if not impossible to separate fact from fiction and do the work needed to find the best deal.

If you have a policy now or are just looking to switch companies, you can use these techniques to find the best rates and possibly find even better coverage. Buying car insurance is not rocket science. Consumers just need to learn the most effective way to compare company rates on the web.

Take advantage of these discounts

Car insurance is not inexpensive, but you might find some hidden discounts that you may not know about. Many discounts should be triggered when you get a quote, but some discounts are required to be specifically requested before being credited. If you’re not getting every credit available, you are throwing money away.

  • Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may qualify for discounts of more than 20%.
  • Low Mileage Discounts – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
  • Sign Early and Save – A few insurance companies allow discounts for switching companies prior to your current policy expiring. This discount can save up to 10%.
  • Active Service Discounts – Being on active duty in the military can result in better premium rates.
  • Telematics Data Discounts – Insureds that choose to allow their car insurance company to look at driving patterns by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they have good driving habits.
  • Accident Waiver – but some companies like Liberty Mutual, Allstate and State Farm will forgive one accident before raising your premiums if you have no claims before the accident.
  • Online Discount – A few car insurance companies will give a small break for signing up on the web.

While discounts sound great, it’s important to understand that some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Even though it appears all the discounts add up to a free policy, you aren’t that lucky.

To locate companies with the best discounts, click this link.

How insurance providers calculate Chevy Equinox insurance rates

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that come into play when calculating your premiums. When you understand what impacts premium levels, this enables informed choices that may reward you with much lower annual insurance costs. Lots of things are taken into consideration when pricing auto insurance. Some factors are common sense such as traffic violations, but others are not quite as obvious like your vehicle usage or your financial responsibility.

The following are a few of the “ingredients” utilized by car insurance companies to help set your rate level.

  • Do you qualify for a multi-policy discount? – The majority of auto insurance companies afford a discount to policyholders that have more than one policy such as combining an auto and homeowners policy. The discount can add up to anywhere from five to ten percent in most cases. Even though this discount sounds good, consumers should still get quotes from other companies to help guarantee you have the best rates.
  • Males pay higher prices – The statistics show that females tend to be a little less risky than males. Now that doesn’t mean men are worse drivers. Men and women tend to get into auto accidents at a similar rate, but the male of the species cause more damage. Men also statistically get more serious tickets like DWI (DUI) or reckless driving.
  • If you don’t need it don’t buy it – There are a lot of extra add-on coverages that you can get tricked into buying if you don’t pay attention. Insurance for rental car reimbursement, high-cost glass coverage, and term life insurance may be wasting your money. These may sound like a good investment when talking to your agent, but your needs may have changed so remove them and pocket the money.
  • Tough employer may mean higher premiums – Did you know your auto insurance rates can be affected by your occupation? Jobs like military personnelair traffic controllers and accountants tend to pay higher rates than average because of stressful work requirements and extremely grueling work hours. On the flip side, occupations like actors, students and homemakers have the lowest average rates for Equinox insurance.
  • Lower rates with continuous coverage – Allowing your coverage to lapse is a quick way to bump up your auto insurance costs. In addition to paying higher rates, failure to provide proof of insurance might get you a revoked license or a big fine. Then you may be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Having a spouse is a good thing – Walking down the aisle may earn you lower rates on your auto insurance bill. Having a significant other demonstrates that you tend to be more financially stable it has been statistically shown that married drivers tend to have fewer serious accidents.
  • Driving citations mean higher prices – Having a clean driving record influences premium rates substantially. Just one moving violation can increase the cost of insurance by as much as twenty percent. Attentive drivers have lower premiums compared to drivers with tickets. People who have severe violations such as reckless driving or DUI may find they need to complete a SR-22 with their state in order to legally drive.
  • Your address can push rates up or down – Living in small towns and rural areas may provide you with better prices if you are looking for the lowest rates. City drivers regularly have more auto accidents and more severe claims. Lower population means less chance of accidents in addition to lower liability claims

Special considerations

When it comes to choosing the right insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions could help you determine whether you might need an agent’s assistance.

  • Where can I find DUI or SR-22 insurance?
  • Why am I required to buy high-risk coverage?
  • Is my teenager covered with friends in the car?
  • Will my rates increase for filing one claim?
  • Do I have newly-aquired coverage?
  • Can I still get insurance after a DUI?
  • Do I need replacement cost coverage?
  • Are rental cars covered under my policy?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance specifics

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for expenses such as doctor visits, EMT expenses, pain medications, dental work and hospital visits. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Liability auto insurance

This provides protection from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things like legal defense fees, emergency aid, bail bonds, structural damage and loss of income. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a bird, fire damage, damage from flooding, theft and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto collision coverage

This covers damage to your Equinox resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as scraping a guard rail, sideswiping another vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Don’t be a big spender

Throughout this article, we presented a lot of tips how to shop for 2017 Chevy Equinox insurance online. The key thing to remember is the more price quotes you have, the better your comparison will be. Consumers may even find the best premium rates are with the smaller companies. They can often insure niche markets at a lower cost compared to the large companies like State Farm or Progressive.

When searching for inexpensive insurance quotes, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage for the lowest cost, but don’t skip important coverages to save money.

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