2007 Chevrolet Equinox Insurance Rates

Searching for the cheapest car insurance rates for your Chevrolet Equinox? Sick and tired of robbing Peter to pay Paul to pay your car insurance bill each month? Your situation is no different than many other consumers. You have multiple auto insurance companies to purchase coverage from, and even though it’s nice to be able to choose, it can be more challenging to compare company pricing.

This information will teach you how car insurance quotes work and some tips to save money. If you have car insurance now, you will most likely be able to cut costs considerably using these methods. Consumers only need an understanding of the most effective way to compare prices online.

Insurance Comparisons

Most major insurance companies quote insurance quotes directly from their websites. This process is quite easy as you simply enter your coverage preferences as requested by the quote form. After you submit the form the system collects your credit score and driving record and generates pricing information. This makes it a lot easier to compare rates but the time required to go to different websites and enter the same data into a form is repetitive and time-consuming. Unfortunately, it is important to have as many quotes as possible if you are searching for the lowest price.

The smarter way to find cheaper rates uses one simple form that analyzes rates from a lot of companies. It saves time, requires much less work on your part, and makes price shopping online much more efficient. Immediately after submitting the form, it gets priced and you can select your choice of the returned quotes.

If a lower price is quoted, you can click and sign and purchase the new policy. This process takes 15 minutes at the most and can result in significant savings.

To compare pricing, click here and begin entering your coverage information. To compare your current rates, we recommend you duplicate the coverages identical to your current policy. This ensures you’re receiving rate comparison quotes for similar insurance coverage.

Discounts on Chevy Equinox insurance

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help bring down the price. Some discounts apply automatically when you purchase, but some must be asked about before they will apply. If you’re not getting every credit possible, you’re paying more than you need to.

  • Student Driver Training – Require your teen driver to successfully complete driver’s ed class in school.
  • Sign Early and Save – Some companies give discounts for signing up before your current expiration date. It can save you around 10%.
  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Sign Online – A few companies give back up to $50 simply for signing on their website.
  • Military Discounts – Having a deployed family member could be rewarded with lower premiums.
  • Homeowners Discount – Owning a house can help you save on insurance coverage because owning a home shows financial diligence.
  • Defensive Driving Course – Taking a driver safety course could possibly earn you a 5% discount if your company offers it.
  • Discounts for Safe Drivers – Drivers who avoid accidents can pay as much as 50% less on Equinox insurance than drivers with accidents.
  • College Student – Any of your kids living away from home attending college and don’t have a car may be able to be covered for less.

Consumers should know that most discount credits are not given to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like all the discounts add up to a free policy, you’re out of luck. Any amount of discount will cut the cost of coverage.

For a list of companies who offer insurance coverage discounts, click here.

Tailor your coverage to you

When buying coverage for your vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can help discover whether your personal situation could use an agent’s help.

  • Is motorclub coverage worth it?
  • Do I need to file an SR-22 for a DUI in my state?
  • Where can I get insurance after a DUI in my state?
  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered if I crash into my own garage door?
  • Why am I required to buy high-risk coverage?
  • I have good health insurance, so how much medical payments coverage do I need?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Factors that can influence insurance rates for a Chevy Equinox

Consumers need to have an understanding of the factors that help determine your car insurance rates. Knowing what controls the rates you pay allows you to make educated decisions that could result in much lower annual insurance costs.

The following are some of the factors companies use to determine premiums.

  • Multi-policy discounts can save money – Some companies will award you with lower prices to policyholders who have multiple policies with them. It’s known as a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. Even with this discount, you may still want to shop around to make sure you are getting the best deal. Drivers may still find a better deal by splitting coverages up.
  • Your age impacts your rates – More mature drivers are more responsible, tend to cause fewer accidents and receive fewer citations. Young drivers are known to be careless and easily distracted when driving therefore car insurance rates are much higher.
  • Better credit means lower rates – A driver’s credit rating is a big factor in determining your rates. Drivers who have good credit tend to be better drivers and file fewer claims than drivers with lower credit scores. Therefore, if your credit rating can use some improvement, you could pay less to insure your 2007 Chevrolet Equinox by spending a little time repairing your credit.
  • Cautious drivers pay less – Only having one ticket may increase your cost by as much as thirty percent. Drivers with clean records receive lower rates than their less careful counterparts. Drivers with dangerous tickets such as hit and run, DWI or reckless driving convictions are required to submit a SR-22 form with the DMV in their state in order to prevent a license revocation.
  • More people means more accidents – Living in a rural area has it’s advantages when insuring your vehicles. Less people living in that area means reduced accidents as well as less vandalism and auto theft. Urban drivers regularly have congested traffic and longer commute times. Higher commute times can result in more accidents.

Buyer beware of insurance coverage advertising tricks

Consumers get pounded daily by advertisements that promise big savings by companies like Allstate, Geico and Progressive. All the ads make an identical promise that you can save if you change to them.

How do they all make the same claim?

All the different companies are able to cherry pick for the type of driver that makes them money. An example of a desirable insured could be between the ages of 30 and 50, has no prior claims, and has excellent credit. Any driver that hits that “sweet spot” receives the best rates and most likely will save quite a bit of money when switching.

Potential customers who are not a match for these standards must pay higher premiums and this can result in business going elsewhere. Company advertisements say “customers who switch” but not “drivers who get quotes” save money. This is how companies can make the claims of big savings.

This illustrates why you absolutely need to get as many quotes as possible. Because you never know which company will have the lowest Chevy Equinox insurance rates.

Auto insurance coverage information

Understanding the coverages of your auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages found on most auto insurance policies.

Uninsured and underinsured coverage – This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Equinox.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive coverages – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as a broken windshield, fire damage and damage from flooding. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for bills for things like EMT expenses, surgery, ambulance fees, hospital visits and dental work. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Auto liability insurance – Liability insurance will cover injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as legal defense fees, medical expenses, repair bills for other people’s vehicles, pain and suffering and court costs. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Collision coverages – This coverage pays for damage to your Equinox resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like colliding with another moving vehicle, crashing into a building, sideswiping another vehicle, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Smart shoppers get results

Throughout this article, we presented many ideas to shop for 2007 Chevy Equinox insurance online. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the best prices are with an unexpected company. Smaller companies can often provide lower rates in certain areas compared to the large companies like Progressive and Geico.

Affordable insurance is definitely available both online as well as from independent agents, and you need to price shop both to have the best selection. Some companies don’t offer you the ability to get quotes online and these smaller companies work with independent agents.

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