Lower Your 2012 Chevrolet Equinox Insurance Quotes

Searching for the cheapest car insurance rates for your Chevrolet Equinox? Have you had enough of scraping the payment together to pay your car insurance bill each month? You’re in the same situation as the majority of other car owners. You have so many insurance companies to choose from, and even though it’s nice to be able to choose, it can be more difficult to find the best rates.

Smart consumers take time to compare rates on a regular basis because insurance rates trend upward over time. Despite the fact that you may have had the best price for Equinox coverage a few years ago you will most likely find a better rate today. You can find a lot of wrong information about car insurance online, so we’re going to give you the best ways to buy car insurance cheaper.

Locating more affordable auto insurance is quite easy. If you have a current auto insurance policy or are looking for a new policy, you can use this information to find better prices while maximizing coverage. Drivers just need to learn the best way to get comparison rates on the web.

Discounts mean cheaper Chevy Equinox insurance rates

Car insurance can cost a lot, but there are discounts available to help bring down the price. Larger premium reductions will be automatically applied at the time you complete a quote, but some may not be applied and must be specially asked for before being credited. If they aren’t giving you every credit available, you are throwing money away.

  • Accident Waiver – A handful of insurance companies permit an accident before your rates go up if you are claim-free prior to the accident.
  • Passive Restraints and Air Bags – Vehicles with factory air bags may earn rate discounts up to 30%.
  • Employee of Federal Government – Being employed by or retired from a federal job could cut as much as 10% off for Equinox coverage with select insurance companies.
  • Student in College – Youth drivers living away from home attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Discount for Life Insurance – Select insurance companies reward you with better rates if you take out auto and life insurance together.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt could save 15% off your PIP or medical payments premium.
  • Good Student Discount – Performing well in school can save 20 to 25%. The discount lasts up to age 25.
  • Own a Home – Owning a home may earn you a small savings because of the fact that having a home is proof that your finances are in order.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, you’re out of luck. Any qualifying discounts will reduce your premiums.

For a list of insurance companies offering insurance coverage discounts, click here to view.

The method we recommend to compare policy rates is to know the trick most of the bigger providers participate in a system to compare rate quotes. All you need to do is provide details such as whether you are married, what your job is, if the car is leased, and driver ages. Those rating factors is automatically sent to multiple companies and they return quotes instantly.

To compare rates now, click here and enter your coverage details.

Why you might be paying too much to insure your Chevy Equinox

Consumers need to have an understanding of the rating factors that go into determining your auto insurance rates. Having a good understanding of what determines base rates allows you to make educated decisions that will entitle you to big savings.

  • Small claims can cost you – Insurance companies provide lower rates to drivers who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to higher rates. Your insurance policy is designed for larger claims.
  • The more you drive the more you pay – The higher the mileage driven in a year’s time the more you will pay for auto insurance. Most companies rate vehicles based upon how you use the vehicle. Cars that are left in the garage can get a lower rate than vehicles that are driven to work every day. Improper usage on your Equinox can cost quite a bit. Verify your auto insurance declarations sheet shows the correct usage for each vehicle, because it can save money.
  • Bad driving skills means higher rates – A bad driving record has a huge affect on how much you pay. Even one citation can bump up the cost by as much as thirty percent. Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. If you have severe violations like DUI or reckless driving may find they need to submit a SR-22 form with the DMV in their state in order to drive a vehicle legally.
  • Being married can save on auto insurance – Getting married can get you a discount on your auto insurance policy. Having a significant other is viewed as being more mature and responsible and statistics show drivers who are married are more cautious.
  • Extra add-on coverages are wasting money – There are quite a few extra bells and whistles that you can buy on your auto insurance policy. Things like vanishing deductibles, towing coverage and term life insurance are examples of these. They may seem good when talking to your agent, but if they’re wasting money remove them from your policy.
  • Do you have enough liability coverage? – Liability insurance is the protection if ever you are found liable for personal injury or accident damage. Liability insurance provides legal defense coverage which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so do not cut corners here.
  • Bump up deductibles to save – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Chevy from damage. A few examples of covered claims are running into the backend of another car, damage from fire, and windstorm damage. Physical damage deductibles are the amount of money you are required to spend in the event of a claim. The higher the amount you have to pay, the less your company will charge you for insurance for Equinox coverage.

Tailor your coverage to you

When buying adequate coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s situation is unique so your insurance should reflect that For example, these questions could help you determine whether your personal situation could use an agent’s help.

  • What are the best liability limits?
  • When would I need rental car insurance?
  • Can I afford to pay high deductible claims out of pocket?
  • Am I getting all the discounts available?
  • Do I need PIP coverage since I have good health insurance?
  • Am I covered if my car is in a flood?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

Don’t listen to company ads

Consumers can’t ignore all the ads for cheaper car insurance by Allstate and Progressive. They all have a common claim about savings if you switch to their company.

How does each company make the same claim? It’s all in the numbers.

Insurance companies can use profiling for the driver that earns them a profit. For instance, a profitable customer might be between 30 and 50, owns a home, and drives less than 10,000 miles a year. Any driver who meets those qualifications receives the best rates and therefore will cut their rates substantially.

Consumers who don’t meet the requirements will be quoted higher prices which leads to business going elsewhere. The ads say “customers who switch” not “everyone that quotes” save money. That is how insurance companies can confidently advertise the way they do.

This emphasizes why you should get as many quotes as possible. Because you never know which company will have the lowest Chevy Equinox insurance rates.

Insurance policy coverages for a 2012 Chevy Equinox

Knowing the specifics of your policy aids in choosing the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverages available from insurance companies.

Liability auto insurance – Liability insurance protects you from damage or injury you incur to other people or property. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like attorney fees, repair costs for stationary objects, court costs and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like fire damage, a tree branch falling on your vehicle, hitting a deer, hail damage and a broken windshield. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage – Collision coverage will pay to fix damage to your Equinox from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a mailbox, scraping a guard rail, rolling your car, damaging your car on a curb and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Medical expense insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for things like doctor visits, rehabilitation expenses, chiropractic care and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

One last thing

We just presented quite a bit of information on how to compare 2012 Chevy Equinox insurance prices online. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. Consumers could even find that the best prices are with an unexpected company. Regional companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm and Allstate.

Low-cost insurance can be purchased both online and also from your neighborhood agents, and you should compare price quotes from both to have the best rate selection. Some insurance coverage companies may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

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