2018 Chevrolet Equinox Insurance Rates

Looking for better insurance coverage rates? Shoppers have lots of choices when shopping for the lowest priced Chevy Equinox insurance. They can either waste time calling around to get rate comparisons or save time using the internet to make rate comparisons. There are more efficient ways to buy insurance coverage and we’ll show you the proper way to get price quotes for a new or used Chevy and locate the best price possible from both online companies and local agents.

It’s important to get comparison quotes before your policy renews because insurance rates are usually higher with each renewal. Even if you got the lowest premium rates for Equinox insurance six months ago there may be better deals available now. Forget anything you know (or think you know) about insurance coverage because you’re about to learn the fastest and easiest way to eliminate unnecessary coverages and save money.

The best way we recommend to compare policy rates utilizes the fact most larger insurance companies have advanced systems to give you rate quotes. The only thing you need to do is give the companies some data like whether your vehicle is owned or leased, the year, make and model of vehicles, your general credit rating, and whether you drive to work or school. That rating information is sent automatically to insurance carriers in your area and they return cost estimate almost instantly.

Lower rate quotes by taking advantage of discounts

Buying insurance is not cheap, but discounts can save money and there are some available that could help you make your next renewal payment. A few discounts will automatically apply at the time of quoting, but occassionally some discounts must be specially asked for before you will receive the discount. If you do not double check each discount you deserve, you could be paying more than you need to.

  • Distant Student Discount – Children who live away from home to go to college and don’t have a car may qualify for this discount.
  • Fewer Miles Equal More Savings – Low annual miles could earn substantially lower premium rates.
  • Club Memberships – Being in qualifying clubs or civic groups could qualify you for a break on your next renewal.
  • Air Bag Discount – Options like air bags or motorized seat belts could see savings of 20 to 30 percent.
  • No Accidents – Drivers who stay claim-free are rewarded with significantly better rates on insurance quote when compared with drivers who are more careless.
  • Theft Deterent Discount – Anti-theft and alarm system equipped vehicles prevent vehicle theft and will qualify for a discount on a insurance quote.
  • Discount for Multiple Policies – If you have multiple policies and insure them with the same company you could get a discount of 10% to 20% off each policy.
  • Drive Safe and Save – Accident-free drivers can pay as much as 50% less for Equinox insurance compared to accident prone drivers.
  • Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for lower premium rates for Equinox insurance.

It’s important to understand that some credits don’t apply to your bottom line cost. Some only apply to individual premiums such as comp or med pay. So even though you would think having all the discounts means you get insurance for free, you aren’t that lucky. But all discounts will help lower the cost of coverage.

A few of the larger companies and some of the premium reductions they offer can be read below.

  • State Farm offers discounts for multiple policy, Drive Safe & Save, defensive driving training, multiple autos, and anti-theft.
  • Geico may offer discounts for air bags, multi-policy, military active duty, multi-vehicle, anti-theft, seat belt use, and federal employee.
  • Liberty Mutual policyholders can earn discounts including multi-car, good student, newly married, safety features, and new vehicle discount.
  • The Hartford discounts include anti-theft, bundle, driver training, air bag, good student, and defensive driver.
  • MetLife has discounts for claim-free, multi-policy, accident-free, good driver, good student, defensive driver
  • Progressive may include discounts for online quote discount, multi-vehicle, continuous coverage, online signing, multi-policy, and homeowner.

Before buying, ask each insurance company the best way to save money. Some discounts might not be offered in your area. For a list of companies who offer insurance discounts, click here to view.

How much auto insurance do I need?

When buying the right insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different.

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

  • Can my teen driver be rated on a liability-only vehicle?
  • Is business property covered if stolen from my car?
  • Is my 2018 Chevy Equinox covered for smoke damage?
  • Is there coverage for injuries to my pets?
  • Am I covered by my spouse’s policy after a separation?
  • Does coverage extend to Mexico or Canada?
  • Is my teen driver covered when they drive my company car?
  • Does my insurance cover damage caused when ticketed for reckless driving?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

Parts of your car insurance policy

Knowing the specifics of your car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Collision coverage – This pays for damage to your Equinox caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as driving through your garage door, crashing into a building, scraping a guard rail, sideswiping another vehicle and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverages – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as a broken windshield, damage from a tornado or hurricane and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability – This coverage will cover injuries or damage you cause to people or other property. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like pain and suffering, bail bonds and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses such as doctor visits, hospital visits and surgery. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your 2018 Chevy Equinox.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

A tidy conclusion

Consumers leave their current company for a variety of reasons including unfair underwriting practices, questionable increases in premium, high prices and delays in responding to claim requests. It doesn’t matter what your reason, finding a new company is actually quite simple.

When trying to cut insurance costs, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced liability limits or collision coverage only to discover later that the few dollars in savings costed them thousands. Your aim should be to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.

There are still a few companies who may not offer the ability to get quotes online and most of the time these small, regional companies prefer to sell through independent agencies. Cheap 2018 Chevy Equinox insurance is attainable online as well as from insurance agents, and you should be comparing both to get a complete price analysis.

Additional insurance coverage information can be read at the links below