2012 Chevrolet Equinox Insurance Cost – 9 Ideas for Best Prices

Searching for cheaper insurance coverage rates for your Chevrolet Equinox? I can’t think of a single person who enjoys paying for insurance coverage, especially when their premiums are through the roof.

You have so many insurers to pick from, and though it is a good thing to have a choice, having more insurance companies makes it harder to compare company pricing.

It’s a good habit to price shop coverage yearly because prices are rarely the same from one policy term to another. Even if you got the best rates on Equinox coverage last year there may be better deals available now. You’ll find quite a bit of inaccurate information about insurance coverage online but with this article, you’re going to get some great ways to find cheap insurance coverage.

The purpose of this article is to instruct you on the best way to quote coverages and some tricks to saving. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these tips. Nevertheless, drivers must comprehend the way insurance companies market insurance on the web and apply this information to your search.

Discounts are basically free money

The price of auto insurance can be rather high, but companies offer discounts that you may not know about. Most are applied at the time you complete a quote, but a few must be asked about in order for you to get them.

  • Save with a New Car – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • Organization Discounts – Participating in a qualifying organization may earn a discount when buying auto insurance on Equinox coverage.
  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiration. It can save you around 10%.
  • Federal Employees – Simply working for the federal government could cut as much as 10% off on Equinox coverage with select insurance companies.
  • Theft Prevention System – Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • 55 and Retired – Older drivers may be able to get reduced rates on Equinox coverage.
  • College Student – Children who are attending college without a vehicle on campus can be insured at a reduced rate.
  • No Accidents – Good drivers with no accidents pay less when compared with frequent claim filers.
  • Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on Equinox coverage than their less cautious counterparts.

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. Some only reduce individual premiums such as comprehensive or collision. Even though it may seem like all those discounts means the company will pay you, you’re out of luck. But any discount will cut your premiums.

To see a list of insurers who offer auto insurance discounts, click this link.

Which insurance is the “right” coverage?

When buying the best insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Each situation is unique so your insurance should reflect that These are some specific questions can aid in determining if you will benefit from professional help.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered if I hit my neighbor’s mailbox?
  • I have a DUI can I still get coverage?
  • What companies insure drivers after a DUI or DWI?
  • How can I get my company to pay me more for my totalled car?
  • Do I have coverage when pulling a U-Haul trailer?
  • What happens if I owe more than my 2012 Chevy Equinox is worth?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.

Information about specific coverages

Knowing the specifics of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and coverage can change by endorsement. Listed below are typical coverages available from insurance companies.

Collision insurance

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sideswiping another vehicle, backing into a parked car, crashing into a building and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 2012 Chevy Equinox.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Auto liability

This protects you from damage that occurs to people or other property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like structural damage, emergency aid, bail bonds, medical services and legal defense fees. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hitting a deer, fire damage, hail damage, rock chips in glass and vandalism. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like dental work, ambulance fees, X-ray expenses, EMT expenses and surgery. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Be a smart shopper

Low-cost 2012 Chevy Equinox insurance is definitely available from both online companies as well as from independent agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers don’t offer online quoting and most of the time these small, regional companies sell through independent agents.

Throughout this article, we presented quite a bit of information on how to lower your insurance rates. The key thing to remember is the more you quote, the higher your chance of finding lower rates. Drivers may discover the lowest priced car insurance comes from a smaller regional carrier. Smaller companies may cover specific market segments cheaper compared to the large companies like State Farm or Progressive.

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