Save on 2017 Chevrolet Equinox Insurance Quotes

If price shopping car insurance quotes online is new to you, you may be overwhelmed by the confusing number of companies who claim to have the best insurance rates.

You need to quote other rates periodically due to the fact that insurance prices are adjusted regularly by insurance companies. If you had the best deal on Equinox coverage a couple years back you can probably find a better rate now. Ignore everything you know about insurance because you’re about to learn the proper way to save on insurance.

Smart buyers can lower their insurance prices

It’s important that you understand a few of the rating criteria that are used to determine the rates you pay for car insurance. If you understand what controls the rates you pay, this allows you to make educated decisions that can help you get cheaper rates.

  • Get better rates if married – Walking down the aisle can actually save you money on your car insurance bill. It means you’re more financially stable and it’s proven that married couples file fewer claims.
  • Your stress level may be raising your rates – Do you work in a high-stress field? Occupational choices like doctors, executives and stock brokers tend to have the highest average rates because of stressful work requirements and extremely grueling work hours. On the other hand, careers like farmers, students and retirees have lower than average premiums on Equinox coverage.
  • Gender as a rate factor – Statistics show that females tend to be a little less risky than males. The data does not necessarily mean that females are better at driving than males. Women and men are in at-fault accidents in similar percentages, but guys tend to have more serious accidents. Not only are claims higher, but men get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Vehicle features that cut premiums – Driving a car with a theft deterrent system can save you some money. Anti-theft features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart your car from being stolen.

Take advantage of with these discounts

The cost of insuring your cars can be expensive, but there may be some discounts to reduce the price significantly. Some discounts will apply at the time you complete a quote, but lesser-known reductions have to be manually applied prior to receiving the credit. If you do not check that you are getting every discount available, you are paying more than you should be.

  • Discounts for Federal Employees – Simply working for the federal government could cut as much as 10% off on Equinox coverage with a few insurance coverage companies.
  • Good Students Pay Less – Maintaining excellent grades can be rewarded with saving of up to 25%. You can use this discount normally until age 25.
  • College Student – College-age children who live away from home to go to college and leave their car at home can receive lower rates.
  • Bundled Policy Discount – When you combine your auto and homeowners insurance and insure them both with the same insurance company you may earn nearly 15% which can help you find low cost car insurance.
  • ABS Braking Discount – Vehicles with ABS and/or traction control prevent accidents and therefore earn up to a 10% discount.
  • Accident Waiver – This one is not really a discount per se, but some companies like State Farm, Progressive and GEICO permit an accident without the usual rate increase if you are claim-free for a certain period of time.
  • Defensive Driver Discount – Successfully completing a course in safe driver could cut 5% off your bill depending on where you live.
  • Early Renewal Discounts – Some larger companies give discounts for buying a new policy prior to the expiration date on your current policy. Ten percent is about the average savings.
  • Organization Discounts – Having an affiliation with qualifying employment or professional organizations can get you a small discount when getting a car insurance quote.
  • Discount for Home Ownership – Just being a homeowner can earn you a little savings since owning and maintaining a home is proof of financial responsibility.

It’s important to understand that some credits don’t apply to the entire cost. A few only apply to individual premiums such as comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.

If you would like to choose from a list of insurance companies who offer free insurance coverage quotes, click here to view.

Do you really save 40% when you switch?

Progressive, Allstate and GEICO endlessly run ads on TV and radio. All the companies seem to make the promise about savings if you change your insurance policy to them. How do they all give you a better price? Here is the trick they use.

Insurance companies give the best rates for the type of driver that earns them the highest profit. An example of a profitable customer may need to be between 25 and 40, is a homeowner, and insures a new vehicle. Any person that meets those criteria gets the lowest rates and therefore will cut their rates if they switch.

Potential customers who fall short of the requirements may be forced to pay higher premium rates and this can result in the customer buying from a different company. If you pay close attention to the ads, they say “customers that switch” not “everyone that quotes” save that much when switching. That is how companies can truthfully state the savings.

Because every company is different, drivers must compare free car insurance quotes often. Because you cannot predict the company that will have the lowest rate quotes.

Your situation helps dictate your coverage

When choosing the best insurance coverage, there isn’t really a one size fits all plan. Every situation is different.

For instance, these questions may help you determine whether or not you might need professional guidance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Can my teen driver be rated on a liability-only vehicle?
  • How much underlying liability do I need for an umbrella policy?
  • Why do I only qualify for high-risk insurance?
  • When do I need to add a new car to my policy?
  • Am I covered if I break a side mirror?
  • Why do I need rental car insurance?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

What auto insurance coverages do you need?

Knowing the specifics of auto insurance aids in choosing the best coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance kick in for expenses for X-ray expenses, dental work and EMT expenses. They are utilized in addition to your health insurance program or if there is no health insurance coverage. It covers you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Comprehensive auto insurance – 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 the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like fire damage, damage from flooding, vandalism, hail damage and damage from getting keyed. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for liability – This can cover damages or injuries you inflict on a person or their property. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as funeral expenses, medical services and loss of income. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Equinox.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Collision coverages – Collision coverage will pay to fix damage to your Equinox caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as backing into a parked car, damaging your car on a curb and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible in order to get cheaper collision rates.

At the end of the day…

Consumers leave their current company for many reasons like being labeled a high risk driver, denial of a claim, delays in paying claims or an unsatisfactory settlement offer. It doesn’t matter why you want to switch finding the right insurance provider is easier than you think.

While you’re price shopping online, it’s not a good idea to reduce coverage to reduce premium. There have been many cases where someone dropped liability coverage limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your aim should be to find the BEST coverage at an affordable rate, but do not skimp to save money.

You just learned quite a bit of information on how to get a better price on 2017 Chevy Equinox insurance. The most important thing to understand is the more providers you compare, the better your chances of lowering your premium rates. Consumers could even find that the lowest car insurance rates are with a small local company.

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