View 2008 Chevrolet Equinox Car Insurance Quotes

Trying to find lower insurance coverage rates for your Chevrolet Equinox? Searching for low-cost insurance for your Chevy Equinox can turn out to be difficult, but you can use the following methods to save time.

There is a better way to buy insurance coverage so we’re going to tell you the proper way to compare rates on a Chevy and find the best price possible from local insurance agents and online providers.

Buying the cheapest insurance coverage is quite easy. If you have a current insurance policy or are just looking to switch companies, you can learn to find the best rates and still get good coverage. Drivers only need an understanding of the proper way to compare price quotes on the web.

What determines your Chevy Equinox insurance premium

Consumers need to have an understanding of the rating factors that come into play when calculating your auto insurance rates. Understanding what determines base rates allows you to make educated decisions that may reward you with better auto insurance rates.

  • Mature drivers pay less – Teen drivers have a tendency to be less responsible when driving so auto insurance rates are higher. Adding a youthful driver to your policy can be very expensive. More mature drivers tend to be more responsible, statistically cause fewer accidents and are safer drivers.
  • An active claims history can cost you – Companies give discounts to drivers who are claim-free. If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Your insurance policy is designed for the large, substantial claims.
  • Clean credit earns discounts – A driver’s credit rating is a big factor in calculating your auto insurance rates. People with good credit tend to be more responsible as compared to drivers with lower ratings. Therefore, if your credit can use some improvement, you could be paying less to insure your 2008 Chevrolet Equinox by improving your credit score.
  • Liability coverage is peace of mind – Liability coverage will protect you if ever a court rules you are at fault for personal injury or accident damage. Liability provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so do not cut corners here.
  • Better crash test results mean better rates – Vehicles with high crash test scores are cheaper to insure. Safe vehicles have better occupant injury protection and better occupant protection means less money paid by your insurance company and lower rates for you. If your Chevy is rated at least four stars on it may be receiving lower rates.

Are you getting all your discounts?

Car insurance can cost a lot, but there could be available discounts that can drop the cost substantially. Most are applied at the time you complete a quote, but lesser-known reductions have to be specifically requested before being credited. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • No Accidents – Drivers who don’t have accidents pay less when compared to frequent claim filers.
  • Driver Safety – Successfully completing a course in driver safety can save you 5% or more and easily recoup the cost of the course.
  • Own a Home – Owning a house can save you money because owning a home requires personal responsibility.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. The discount lasts up to age 25.

Keep in mind that most discount credits are not given to all coverage premiums. The majority will only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like you could get a free insurance coverage policy, you’re out of luck. Any qualifying discounts will bring down the amount you have to pay.

To see a list of providers offering insurance coverage discounts, click this link.

Is there truth in advertising?

Consumers constantly see and hear ads for car insurance savings from companies such as 21st Century, Allstate and State Farm. All the companies have a common claim about savings if you move your policy.

But how can every company make the same claim? This is how they do it.

All the different companies can use profiling for the type of driver that is profitable for them. A good example of a preferred risk might be profiled as over the age of 50, has no tickets, and drives less than 10,000 miles a year. A customer getting a price quote that hits that “sweet spot” receives the best rates and therefore will save when switching.

Potential insureds who don’t measure up to the “perfect” profile will have to pay a more expensive rate which leads to business going elsewhere. The ad wording is “customers who switch” not “everyone that quotes” save money. That’s why insurance companies can confidently make the claims of big savings.

Because of the profiling, you should quote coverage with many companies. It is impossible to predict which company will have the lowest Chevy Equinox insurance rates.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there really is not a one size fits all plan. Everyone’s needs are different.

Here are some questions about coverages that could help you determine if your situation would benefit from professional advice.

  • Am I covered if I crash into my own garage door?
  • Why am I required to buy liability insurance?
  • Am I covered if my car is in a flood?
  • Are my friends covered when driving my 2008 Chevy Equinox?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need rental car coverage?
  • When would I need additional glass coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • Do I have coverage when using my vehicle for my home business?
  • Does insurance cover damages from a DUI accident?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Car insurance coverages for a Chevy Equinox

Having a good grasp of your insurance policy helps when choosing the right coverages for your vehicles. Insurance terms can be difficult to understand and reading a policy is terribly boring.

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like fire damage, damage from getting keyed, a broken windshield and a tree branch falling on your vehicle. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision insurance

Collision coverage covers damage to your Equinox caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like backing into a parked car, sideswiping another vehicle, crashing into a building, sustaining damage from a pot hole and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability coverages

This coverage can cover damage that occurs to other people or property. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

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 values of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Another option is a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like legal defense fees, structural damage, medical expenses, medical services and loss of income. How much coverage you buy is your choice, but you should buy higher limits if possible.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses like ambulance fees, chiropractic care, X-ray expenses and surgery. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Chevy Equinox.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are similar to your liability insurance amounts.

Find Good Coverage for Less

Consumers change insurance companies for a number of reasons such as denial of a claim, being labeled a high risk driver, high rates after DUI convictions and even policy cancellation. It doesn’t matter what your reason, finding a new company can be pretty painless.

Cost effective 2008 Chevy Equinox insurance is possible online in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies do not provide online quoting and many times these small, regional companies only sell through independent insurance agents.

When shopping online for auto insurance, it’s very important that you do not sacrifice coverage to reduce premiums. There are too many instances where an accident victim reduced full coverage only to discover later that the few dollars in savings costed them thousands. Your focus should be to purchase plenty of coverage at an affordable rate while still protecting your assets.

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