2006 Chevrolet Equinox Car Insurance Rates

Trying to find cheaper insurance rates for your Chevrolet Equinox? Shopping online for insurance can seem like an uphill battle if you are a beginner to online rate quotes. Don’t let that stop you because comparing prices is actually very simple.

Finding cheaper protection is simple if you know the tricks. Just about every vehicle owner who shops for auto insurance will more than likely be able to reduce their rates. Nevertheless, car owners should learn the methods companies use to market on the web and take advantage of how the system works.

Car Insurance Comparison Rates

The are a couple different ways of comparing rate quotes from different insurance companies. The easiest way to find the cheapest 2006 Chevy Equinox insurance rates is to get quotes online. This can be accomplished in a couple of different ways.

  • The easiest and least time consuming way to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This type of form prevents you from having to do repetitive form submissions for every car insurance company. Filling out one form will get you rate comparisons from car insurance companies with the best prices.It’s the quickest way to get rates.
  • A less efficient way to obtain and compare quotes online requires visiting the website of each company to complete a price quote. For examples sake, let’s say you want rates from USAA, Safeco and Geico. To find out each rate you need to go to every website to enter your coverage information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but ensure you are comparing the exact same coverage limits and deductibles with each company. If you use different deductibles it’s not possible to determine the best price for your Chevy Equinox. Having just a slight variation in limits may result in a large different in cost. And when quoting car insurance, remember that getting more free quotes will improve the odds of getting a lower rate.

These discounts can lower your rates

Properly insuring your vehicles can get expensive, but there are discounts available that you may not even be aware of. Some discounts apply automatically at the time you complete a quote, but some must be inquired about before you get the savings.

  • Accident Waiver – Certain companies allow you one accident without raising rates if you are claim-free for a certain period of time.
  • Low Mileage – Low mileage vehicles could qualify for discounted rates on garaged vehicles.
  • Club Memberships – Affiliation with a qualifying organization could trigger savings when buying insurance coverage on Equinox coverage.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you may earn 10% to 20% off each policy.
  • Life Insurance Discount – Some companies give a discount if you purchase life insurance from them.
  • Military Rewards – Being deployed with a military unit may qualify for rate reductions.
  • Air Bag Discount – Cars that have air bags or automatic seat belts can qualify for discounts up to 30%.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Most only apply to specific coverage prices like medical payments or collision. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way. But any discount will help reduce the amount you have to pay.

To see a list of insurance companies with discount insurance coverage rates, click this link.

Different people need different coverages

When buying the right insurance coverage, there really is not a single plan that fits everyone. Each situation is unique.

Here are some questions about coverages that might point out whether or not you would benefit from an agent’s advice.

  • Am I better off with higher deductibles on my 2006 Chevy Equinox?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I getting all the discounts available?
  • What can I do if my company denied a claim?
  • Is a blown tire covered by insurance?
  • How many claims can I have before being cancelled?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Why your Chevy Equinox might be costing you more

It’s important that you understand the factors that come into play when calculating auto insurance rates. Understanding what determines base rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

  • Multi-policy discounts can save money – Most companies give discounts to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, you still need to shop around to ensure the best deal. You may still be able to find better rates by buying auto insurance from a different company.
  • Liability coverage is peace of mind – Liability coverage is the coverage that protects you if ever a court rules you are at fault for damages caused by your negligence. Liability insurance provides legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
  • Better crash test results mean better rates – Cars with high safety ratings tend to have better insurance rates. Safer cars result in less severe injuries and fewer injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Chevy Equinox earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Better credit means lower rates – Credit rating is a big factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with lower credit ratings. Therefore, if your credit can use some improvement, you could potentially save money when insuring your 2006 Chevrolet Equinox by improving your credit score.

Don’t listen to company ads

Insurance coverage companies such as Geico, State Farm and Progressive consistently run television and radio advertisements. They all seem to make the same claim that you can save if you change to their company. How do they all claim to save you money? This is how they do it.

Insurance companies can use profiling for the driver that earns them a profit. An example of a driver they prefer might be between the ages of 40 and 55, a clean driving record, and has great credit. Any new insured who meets those qualifications receives the best rates and as a result will probably save when they switch companies.

Potential insureds who don’t meet the “perfect” profile will be charged more money and this can result in business not being written. The ad wording is “customers who switch” not “people who quote” save that much money. That’s why insurance companies can confidently make the claims of big savings.

That is why it’s extremely important to quote coverage with many companies. Because you never know which insurance coverage company will have the lowest Chevy Equinox insurance rates.

Specifics of your auto insurance policy

Having a good grasp of a auto insurance policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Chevy Equinox.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

Liability coverage

Liability insurance can cover damage or injury you incur to other people or property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims like repair costs for stationary objects, medical services, emergency aid and structural damage. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Collision insurance

This coverage covers damage to your Equinox from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

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

Comprehensive coverage

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, vandalism, theft and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like chiropractic care, dental work and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Buy Smart and Save

Discount 2006 Chevy Equinox insurance is attainable online as well as from independent agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

People change insurance companies for a number of reasons such as questionable increases in premium, high rates after DUI convictions, policy non-renewal or an unsatisfactory settlement offer. No matter why you want to switch, finding a great new company is not as difficult as it may seem.

As you go through the steps to switch your coverage, never buy poor coverage just to save money. There have been many cases where someone dropped liability coverage limits only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at a price you can afford, not the least amount of coverage.

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