Trying to find lower auto insurance rates for your Chevrolet Equinox? Are you a victim of high-priced auto insurance? Trust us, there are lots of people in the same boat. Drivers have multiple insurance companies to pick from, and although it’s nice to have a choice, it can be more difficult to compare rates.
There are a variety of methods to compare 2015 Chevy Equinox insurance prices but one way is easier and takes less work. You can spend your afternoon talking to insurance agencies in your area, or you could use online quoting to get the quickest rates.
Most of the larger companies belong to an insurance system that allows shoppers to submit one quote, and every company then returns a price quote determined by their information. This system prevents you from having to do repetitive form submissions to each individual insurance company.
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The one downside to pricing coverage this way is you don’t know exactly the providers you will receive quotes from. If you prefer to choose specific providers to compare rates, we put together a list of low cost insurance companies in your area. Click here for list of insurance companies.
It’s your choice how you get your quotes, but ensure you are comparing the exact same coverages with every price quote. If the quotes have different liability limits it will be impossible to make an equal comparison.
Car insurance companies don’t always list every available discount very well, so we break down both the well known and the harder-to-find ways to save on car insurance. If you don’t get every credit available, you are throwing money away.
It’s important to understand that most credits do not apply the the whole policy. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, it just doesn’t work that way.
To see a list of insurance companies offering car insurance discounts, click this link.
When it comes to buying the best car insurance coverage, there isn’t really a “perfect” insurance plan. Each situation is unique so this has to be addressed. For instance, these questions may help you determine whether your personal situation could use an agent’s help.
If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area. It only takes a few minutes and you can get the answers you need.
Knowing the specifics of a car insurance policy can help you determine the right coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages found on the average car insurance policy.
Insurance for medical payments – Coverage for medical payments and/or PIP kick in for immediate expenses for things like prosthetic devices, X-ray expenses and surgery. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chevy Equinox.
Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.
Collision – Collision insurance pays for damage to your Equinox resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things like hitting a parking meter, rolling your car, backing into a parked car and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as rock chips in glass, a broken windshield and hitting a deer. The maximum payout your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Liability – This coverage protects you from damage or injury you incur to other’s property or people by causing an accident. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability can pay for claims like structural damage, pain and suffering, repair bills for other people’s vehicles and attorney fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
Cheaper 2015 Chevy Equinox insurance can be found online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. A few companies do not offer online price quotes and most of the time these small insurance companies sell through independent agents.
While you’re price shopping online, it’s very important that you do not sacrifice coverage to reduce premiums. Too many times, an accident victim reduced uninsured motorist or liability limits only to regret they didn’t purchase enough coverage. Your strategy should be to buy enough coverage for the lowest price while still protecting your assets.
Much more information about auto insurance can be read on the following sites: