How Much Does 2015 Chevrolet Equinox Insurance Cost?

Looking for cheaper car insurance rates for your Chevrolet Equinox? Finding cheaper insurance for a Chevy Equinox can be an all-consuming task, but you can learn our car insurance buying tips to make it easier. There are more efficient ways to compare car insurance rates and we’ll show you the proper way to quote coverages for your Chevy and get the cheapest rates from both online companies and local agents.

It’s a good idea to check car insurance prices at least once a year because rates change quite often. Just because you found the lowest rates on Equinox coverage six months ago there may be better deals available now. Starting right now, forget anything you know (or think you know) about car insurance because we’re going to show you how to quote online to properly buy coverages and cut your premium.

If you are insured now or need a new policy, you can use these tips to get lower rates and possibly find even better coverage. Pricing the cheapest insurance coverage is easy if you know what you’re doing. Consumers just need to know the most effective way to buy insurance over the internet.

Discounts can save BIG

Companies offering auto insurance don’t always publicize all available discounts in an easy-to-find place, so we researched both the well known and the harder-to-find insurance coverage savings. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • 55 and Retired – Older drivers can possibly qualify for a discount up to 10% on Equinox coverage.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Distant Student – Children who are attending college without a vehicle on campus may qualify for this discount.
  • Military Discounts – Being on active duty in the military could be rewarded with lower premiums.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
  • No Claims – Drivers who don’t have accidents pay much less when compared with drivers who are more careless.
  • New Car Discount – Insuring a new car can be considerably cheaper compared to insuring an older model.
  • Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.

A little note about advertised discounts, some of the credits will not apply to all coverage premiums. Most only apply to the cost of specific coverages such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, companies don’t profit that way.

Car insurance companies that may have these benefits include:

Double check with each insurance company which discounts they offer. Savings may not be available in every state.

Auto Insurance Prices Online

Getting a lower price on 2015 Chevy Equinox insurance can be surprisingly simple. You just have to invest a little time comparing rates provided by online insurance companies. This can be done using a couple different methods.

The first (and easiest) way to get the best comparison quotes would be an industry-wide quote request form click to view form in new window. This type of form keeps you from doing boring form submissions for every auto insurance company. One quote request will get you rate comparisons from multiple low-cost companies. This is perfect if you don’t have a lot of time.

A different way to obtain and compare quotes online consists of visiting each company website to request a price quote. For examples sake, we’ll assume you want comparison quotes from Nationwide, GEICO and Travelers. You would have to take the time to go to each site and enter your policy data, which is why most consumers use the first method.

For a list of links to insurance companies in your area, click here.

The most time-consuming method to compare rates is driving around to different agent offices. Buying insurance online can eliminate the need for a local agent unless you want the personal advice that only a license agent can provide. It is possible to price shop online and still use a local agent. We’ll cover that shortly.

It’s your choice how you get your quotes, but make sure you use exactly the same coverages and limits on every quote. If you compare different values for each quote you will not be able to make an equal comparison.

Your Chevy Equinox insurance rate is a complex equation

An important part of buying insurance is that you know the rating factors that come into play when calculating your car insurance rates. Knowing what controls the rates you pay helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Do you qualify for a multi-policy discount? – Some insurance companies give discounts to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount you still need to comparison shop to ensure the best deal.
  • High numbers of claims are not good – If you frequently file small claims, you can look forward to either policy cancellation or increased premiums. Auto insurance companies provide lower rates to drivers who do not file claims often. Your insurance policy is intended for larger claims.
  • Low deductibles can be expensive – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Chevy from damage. Some instances where coverage would apply would be collision with another vehicle, damage from fire, and windstorm damage. Physical damage deductibles are the amount of money you are required to spend in the event of a claim. The more you are required to pay out-of-pocket, the less your company will charge you for insurance on Equinox coverage.
  • Safer occupants lowers premiums – Cars with high safety ratings can get you lower premiums. These vehicles reduce injuries and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If your Chevy Equinox is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Pleasure use or commuting – Driving more miles in a year the higher your rate. Most insurance companies charge to insure your cars based on how the vehicle is used. Cars that are left in the garage can get a lower rate compared to those used for work or business. Verify your car insurance coverage is rated on the proper vehicle usage, because it can save money. If your policy improperly rates your Equinox can cost quite a bit.
  • Do you work long hours in a high stress job? – Careers like real estate brokers, social workers and stock brokers have the highest rates because of high stress and lots of time spent at work. On the other hand, occupations like farmers, students and the unemployed get better rates on Equinox coverage.
  • Women pay lower rates – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are worse drivers. Men and women cause accidents at about the same rate, but the men cause more damage. Men also statistically have more aggressive citations such as DWI and reckless driving. Teenage male drivers are most likely to cause an accident and are penalized with high car insurance rates.
  • Marriage pays dividends – Having a wife or husband actually saves money when buying car insurance. Having a spouse translates into being more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.

Will just any policy work for me?

When choosing the best auto insurance coverage, there really is no cookie cutter policy. Each situation is unique.

Here are some questions about coverages that might help in determining whether you might need an agent’s assistance.

  • I don’t drive much so do I pay less?
  • Should I get collision insurance on every vehicle?
  • Which companies will insure high-risk drivers?
  • Can I still get insurance after a DUI?
  • Do I have any recourse if my insurance company denies a claim?
  • Should I buy only the required minimum liability coverage?

If you’re not sure about those questions but you know they apply to you, 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, doesn’t cost anything and can help protect your family.

Slick advertising tricks that work

Consumers can’t get away from ads for the lowest price auto insurance by companies like 21st Century, Allstate and State Farm. They all seem to have a common claim about savings after switching to them.

How does each company claim to save you money?

Different companies have a preferred profile for the right customer that earns them a profit. For example, a profitable customer could be between the ages of 30 and 50, has no prior claims, and has great credit. Any driver who meets those qualifications gets the lowest rates and therefore will save when they switch companies.

Potential insureds who don’t qualify for these standards will be quoted a higher premium which leads to business going elsewhere. The ad wording is “customers who switch” not “everyone that quotes” save that kind of money. That’s why companies can make the claims of big savings. This emphasizes why drivers must get a wide range of price quotes. Because you never know the company that will have the lowest Chevy Equinox insurance rates.

Insurance coverages explained

Knowing the specifics of your insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Collision – This pays for damage to your Equinox from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like rolling your car, scraping a guard rail, hitting a parking meter and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Liability auto insurance – This coverage can cover injuries or damage you cause to a person or their property in an accident. It protects you from legal claims by others. 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 commonly see values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability can pay for claims such as structural damage, medical services and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Coverage for medical payments – Med pay and PIP coverage pay for immediate expenses such as prosthetic devices, hospital visits and dental work. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not universally available and may carry a deductible

Uninsured and underinsured coverage – This coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2015 Chevy Equinox.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive coverages – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, fire damage, hail damage and vandalism. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

The best insurance company isn’t always the cheapest

People who switch companies do it for a variety of reasons including denial of a claim, policy non-renewal, unfair underwriting practices or even delays in responding to claim requests. Whatever your reason, finding the right insurance provider is not as hard as you think.

Lower-priced 2015 Chevy Equinox insurance is available both online and also from your neighborhood agents, so compare prices from both in order to have the best chance of saving money. Some insurance companies may not provide you the ability to get quotes online and these small insurance companies work with independent agents.

When you buy insurance online, make sure you don’t buy poor coverage just to save money. There have been many situations where an accident victim reduced collision coverage and discovered at claim time that they should have had better coverage. The ultimate goal is to buy enough coverage at a price you can afford while still protecting your assets.

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