Save on 2014 Chevrolet Equinox Car Insurance Quotes

Want the cheapest insurance rates? Drivers have lots of choices when trying to find the lowest priced Chevy Equinox insurance. They can either spend hours struggling with agents to compare prices or save time using the internet to find the lowest rates.

There is a right way and a wrong way to compare insurance rates and you need to know the best way to price shop coverage for your Chevy and locate the lowest price.

You need to take a look at other company’s rates yearly due to the fact that insurance rates change regularly. Just because you found the lowest price for Equinox coverage on your last policy you can probably find a lower rate today. Starting now, ignore everything you know about insurance because you’re going to learn the fastest and easiest way to find better rates and still maintain coverage.

Why your Chevy Equinox insurance rates may be high

Smart consumers have a good feel for the different types of things that go into determining the rates you pay for car insurance. Knowing what determines base rates allows you to make educated decisions that could result in better car insurance rates.

Listed below are some of the items companies use to determine premiums.

  • Clean credit earns discounts – A driver’s credit history is a large factor in calculating your car insurance rates. If your credit score is not that good, you could pay less to insure your 2014 Chevrolet Equinox by repairing your credit. Drivers who have excellent credit tend to be better drivers and file fewer claims as compared to drivers with lower credit scores.
  • Cautious drivers pay less – Even one speeding ticket can bump up the cost twenty percent or more. Drivers who don’t get tickets have lower premiums than their less careful counterparts. If you have dangerous violations such as DUI or reckless driving may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Extra coverages can waste money – There are many add-on coverages that you can buy on your Equinox policy. Coverages for personal injury protection, towing coverage and motor club memberships may be wasting your money. These coverages may sound good at first, but if you don’t need them eliminate them to save money.
  • More than one policy can earn a discount – Some car insurance companies give discounts to customers who buy several policies from them such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. If you currently are using one company, you still need to compare other company rates to confirm you are receiving the best rates possible. Drivers may still find better rates by buying car insurance from a different company.
  • Low deductibles can be expensive – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Chevy from damage. Some instances where coverage would apply are a windshield shattered by a rock, damage caused by hail, and burglary. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The higher the amount you are required to pay out-of-pocket, the less your car insurance will be for Equinox coverage.
  • Never go without insurance – Driving your car without having proper coverage is against the law and your next policy will cost more because you let your coverage lapse. Not only will rates go up, failure to provide proof of insurance will get you a license revocation or jail time.
  • Discounts for married couples – Having a spouse actually saves money on car insurance. Marriage usually means you are more responsible and statistics show married drivers get in fewer accidents.
  • Save money with special equipment – Purchasing a vehicle with an alarm system can help bring down rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.

Discounts to lower 2014 Chevy Equinox insurance rates

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Most are applied at the time of quoting, but some may not be applied and must be specially asked for before you will receive the discount. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Discounts for Safe Drivers – Safe drivers may save up to 50% more for Equinox coverage than their less cautious counterparts.
  • Use Seat Belts – Drivers who require all occupants to wear their seat belts can save up to 15% off your PIP or medical payments premium.
  • Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.
  • Homeowners Discount – Simply owning a home may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
  • No Charge for an Accident – Certain companies permit an accident before hitting you with a surcharge if you are claim-free for a certain period of time.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy could earn a price break for each car.
  • Drivers Education – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies prior to your current policy expiration. It can save you around 10%.

Consumers should know that most credits do not apply to the entire cost. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, it doesn’t quite work that way. But all discounts will reduce your premiums.

Insurance companies that may offer these discounts include:

Before buying, ask each insurance company which discounts you may be entitled to. All car insurance discounts may not apply everywhere.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Consumers can’t ignore all the ads for cheaper car insurance by Progressive, GEICO, Allstate and State Farm. All the companies say the same thing about savings after switching to their company.

How does each company make almost identical claims? This is how they do it.

All companies have a certain “appetite” for the type of customer they prefer to insure. For example, a driver they prefer could possibly be a mature driver, has no tickets, and chooses high deductibles. A customer getting a price quote who fits that profile will qualify for the lowest rates and is almost guaranteed to save quite a bit of money when switching.

Consumers who fall outside these standards must pay a more expensive rate and ends up with the customer not buying. The ads say “customers that switch” but not “drivers who get quotes” save money. That is how insurance companies can confidently state the savings.

This illustrates why you should quote coverage with many companies. Because you never know which company will give you the biggest savings on Chevy Equinox insurance.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out whether or not you may require specific advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does coverage extend to a rental car in a foreign country?
  • Is a blown tire covered by insurance?
  • When should I not file a claim?
  • When can I cancel my policy?
  • How much underlying liability do I need for an umbrella policy?
  • How much liability do I need to cover my assets?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Auto insurance specifics

Learning about specific coverages of your policy helps when choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Chevy Equinox.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability coverage

This can cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like emergency aid, funeral expenses, court costs, attorney fees and loss of income. How much coverage you buy is up to you, but buy as much as you can afford.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for expenses such as chiropractic care, funeral costs, hospital visits, rehabilitation expenses and EMT expenses. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. It covers you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision coverage

Collision coverage covers damage to your Equinox caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a ditch, hitting a parking meter, rolling your car and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to save money on collision insurance.

Comprehensive auto insurance

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

Comprehensive coverage pays for claims such as rock chips in glass, theft, damage from getting keyed, fire damage and hitting a deer. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

More effort can pay off

Drivers change insurance companies for a variety of reasons including denial of a claim, high prices, poor customer service or even delays in paying claims. It doesn’t matter what your reason, finding a new company is easier than you think.

When trying to cut insurance costs, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where an accident victim reduced liability limits or collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best price while still protecting your assets.

You just read many ways to compare 2014 Chevy Equinox insurance prices online. The key thing to remember is the more you quote, the better your chances of lowering your rates. Consumers may even find the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.

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