Compare 2007 Chevrolet Equinox Insurance Rates

Searching for the cheapest insurance coverage rates for your Chevrolet Equinox? Sick and tired of robbing Peter to pay Paul to pay your insurance coverage bill each month? You’re in the same situation as most other people. Many auto insurance companies vie to insure your vehicles, and because of this it can be hard to compare car insurance companies and uncover the absolute lowest price

Earn discounts on insurance coverage

Auto insurance companies do not advertise every discount in a way that’s easy to find, so we researched both well-publicized and also the more inconspicuous discounts that may be available.

• Driver Training Discounts – Taking time to complete a course in safe driver could save 5% or more if your company offers it.
• Life Insurance – Some insurance carriers give a small discount if you purchase some life insurance in addition to your auto policy.
• Good Grades Discount – A discount for being a good student could provide a savings of up to 20% or more. This discount can apply well after school through age 25.
• Discounts for Federal Employees – Having worked for a branch of the government may reduce rates when you quote car insurance on Equinox insurance with a few insurance coverage companies.
• Multi-policy Discount – If you can combine your homeowners and auto policy with the same insurance company you will save 10% to 20% off each policy.
• First Accident Forgiveness – This one is not really a discount per se, but a few companies such as Allstate, State Farm and Geico will forgive one accident before they charge you more for coverage with the catch being you have to be claim-free prior to being involved in the accident.
• Telematics Data Discounts – Drivers who agree to allow data collection to scrutinize driving patterns through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive may get a rate reduction as long as the data is positive.
• Safe Driver Discount – Drivers who avoid accidents can save as much as half off their rates on Equinox insurance compared to accident prone drivers.

It’s important to note that most credits do not apply to all coverage premiums. A few only apply to specific coverage prices like comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, companies don’t profit that way.

Larger insurance coverage companies and the discounts they provide are:

• State Farm has discounts for multiple autos, multiple policy, accident-free, Steer Clear safe driver discount, passive restraint, anti-theft, and good student.
• Nationwide may offer discounts for business or organization, family plan, easy pay, accident-free, anti-theft, and defensive driving.
• Geico offers premium reductions for membership and employees, anti-theft, federal employee, multi-policy, emergency military deployment, and air bags.
• AAA may include discounts for good student, multi-car, pay-in-full, AAA membership discount, and education and occupation.
• 21st Century offers discounts for student driver, theft prevention, early bird, anti-lock brakes, driver training, and homeowners.
• The Hartford offers discounts including good student, air bag, defensive driver, bundle, and driver training.

When getting a coverage quote, ask each company which discounts you qualify for. Depending on the company, some discounts may not be available in your area. To view insurance coverage companies that offer discounts, click this link.

Tailor your insurance coverage to you

When it comes to choosing the best insurance coverage, there is no perfect coverage plan. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that might point out if you might need an agent’s assistance.

• How can I get high-risk coverage after a DUI?
• Does coverage extend to Mexico or Canada?
• Which companies will insure high-risk drivers?
• What is PIP insurance?
• Am I covered if I crash into my own garage door?
• Does medical payments coverage apply to all occupants?
• Why am I required to buy high-risk coverage?
• Should I buy more coverage than the required minimum liability coverage?
• Do I need medical payments coverage since I have good health insurance?
• Can I get a multi-policy discount for packaging my home and auto coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Do drivers who switch really save $386 a year?

Consumers constantly see and hear ads for the lowest price insurance by companies like State Farm, Geico and Progressive. All the companies advertise the message about savings if you get a free car insurance quote and switch your policy.

How do they all sell you cheaper insurance coverage? This is how they do it.

Companies provide the lowest rates for a prospective insured that will most likely be profitable. For example, a preferred risk may be between the ages of 30 and 45, has other policies, and has excellent credit. A customer who fits those characteristics will probably get the lowest prices and as a result will probably cut their rates if they switch.

Drivers who don’t meet the “perfect” profile may be required to pay a more expensive rate with the end result being the driver buying from a lower-cost company. If you listen to the ad wording, they say “people that switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s why insurance companies can make it sound like they have such great rates. Different companies use different criteria so drivers should get as many free car insurance quotes as possible. Because without a comparison, you cannot know the company that will be your best fit.

Detailed coverages of your insurance policy

Learning about specific coverages of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chevy Equinox.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Liability auto insurance

Liability insurance protects you from damages or injuries you inflict on other’s property or people that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers claims like court costs, bail bonds and pain and suffering. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Collision coverage protection

This coverage pays for damage to your Equinox resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like damaging your car on a curb, crashing into a building, sideswiping another vehicle, sustaining damage from a pot hole and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for bills for things like rehabilitation expenses, ambulance fees, doctor visits and funeral costs. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, theft and hitting a deer. 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.

Buy online or local, you save

Cheap 2007 Chevy Equinox insurance can be found from both online companies and with local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who may not offer internet price quotes and these small, regional companies sell through independent insurance agents.

We just covered many tips how you can reduce 2007 Chevy Equinox insurance rates online. It’s most important to understand that the more rate quotes you have, the better likelihood of getting cheaper car insurance. Drivers may discover the lowest rates are with some of the lesser-known companies. These smaller insurers may often insure only within specific states and give getter rates than their larger competitors like Allstate and Progressive.

To read more, feel free to browse the resources below:

• Shopping for a Safe Car (Insurance Information Insitute)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)
• Understanding Limits and Deductibles (Allstate)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)