2010 Chevrolet Equinox Insurance Cost – 9 Policy Discounts

Trying to find the cheapest insurance coverage rates for your Chevrolet Equinox? Searching for the cheapest insurance for a Chevy Equinox can turn out to be a painful process, but you can follow a few tricks to make it easier.

There is a right way and a wrong way to buy insurance coverage so we’re going to tell you the best way to price shop coverage for a new or used Chevy and get the lowest possible price.

It’s smart to compare prices before your policy renews since prices change quite often. Even if you think you had the best deal for Equinox insurance on your last policy you may be paying too much now. There is too much inaccurate information about insurance coverage on the internet, but in just a couple of minutes you can learn some of the best techniques to quit paying high insurance coverage rates.

Shopping for affordable auto insurance coverage can be fairly easy. If you have a policy now or are looking for a new policy, you can use these tips to shop for the lowest rates and possibly find even better coverage. Consumers only need an understanding of how to get comparison rates online.

Auto insurance discounts are available to slash your rates

Car insurance companies do not list every policy discount very clearly, so the list below contains some of the more common and the more hidden credits available to you.

• Discounts for New Vehicles – Adding a new car to your policy is cheaper since newer models are generally safer.
• Active Service Discounts – Being on active duty in the military may lower your prices slightly.
• Low Mileage Discounts – Fewer annual miles on your Chevy may allow you to get cheaper auto insurancerates.
• Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% for Equinox insurance with select insurance companies.
• Online Discount – A few auto insurance companies provide a small discount get insurance coverage over the internet.
• Braking Control Discount – Cars and trucks with ABS and/or traction control can stop better under adverse conditions and the ABS can save up to 10%.
• Discount for Life Insurance – If the company offers life insurance, you could get a break if you buy a life insurance policy as well.
• Early Payment Discounts – By paying your policy upfront rather than paying monthly you can actually save on your bill.
• No Accidents – Drivers who don’t have accidents can save substantially when compared with insureds who have frequent claims or accidents.

Keep in mind that most of the big mark downs will not be given to all coverage premiums. Most only reduce specific coverage prices like comprehensive or collision. Even though the math looks like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

The best auto insurance companies and a summarized list of policyholder discounts are shown below.

• State Farm has discounts for student away at school, driver’s education, good driver, Steer Clear safe driver discount, accident-free, and Drive Safe & Save.
• Progressive may have discounts that include multi-vehicle, online quote discount, homeowner, good student, online signing, continuous coverage, and multi-policy.
• Travelers offers discounts including good student, continuous insurance, driver training, hybrid/electric vehicle, home ownership, multi-policy, and student away at school.
• American Family offers premium reductions for Steer into Savings, mySafetyValet, defensive driver, early bird, air bags, and bundled insurance.
• Liberty Mutual includes discounts for preferred payment discount, multi-policy, good student, new graduate, and teen driver discount.

Before buying, ask every prospective company to give you their best rates. Some credits might not be offered on policies in your area. To see insurance companies who offer discounts, click this link.

Everyone needs different car insurance coverages

When it comes to buying proper insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is unique.

Here are some questions about coverages that can help discover whether or not you could use an agent’s help.

• Do I need added coverage for expensive stereo equipment?
• Is my camper covered by my car insurance policy?
• Does my policy cover me when driving someone else’s vehicle?
• Am I covered if my car is in a flood?
• Am I covered when driving on a suspended license?
• How much liability coverage do I need in my state?
• Can I afford low physical damage deductibles?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form. It is quick, free and can provide invaluable advice.

Be skeptical of insurance coverage ads

Consumers can’t get away from all the ads that promise big savings by companies like 21st Century, Allstate and State Farm. They all try to convey promises about savings just by switching your coverage to them.

Is it even possible that every company can offer drivers better rates? You have to listen carefully.

Most companies have specific criteria for the type of driver that will not have excessive claims. For instance, this type of driver might be described as over the age of 35, owns their home, and drives a lower-performance vehicle. A propective insured who matches that profile may get the lowest prices and therefore will save a lot of money.

Insureds who do not meet these standards may be required to pay a higher rate which leads to the customer buying from a different company. The ads state “people who switch” not “all people who quote” save money. That is how insurance companies can confidently make those claims.

This really illustrates why you really should get a wide range of price quotes. It’s just not possible to know with any certainty which company will provide the lowest car insurance rates.

Specifics of your auto insurance policy

Having a good grasp of your auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Comprehensive protection – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from getting keyed, vandalism, fire damage and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision – Collision insurance covers 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 coverage protects against claims such as rolling your car, crashing into a building, hitting a parking meter, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for surgery, doctor visits, dental work and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Liability car insurance – Liability insurance protects you from injuries or damage you cause to other’s property or people by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers things like pain and suffering, medical expenses, structural damage and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

The bottom line

Affordable 2010 Chevy Equinox insurance is definitely available online as well as from independent agents, so you need to quote insurance coverage with both to have the best rate selection. Some companies may not offer rates over the internet and usually these smaller companies sell through independent agencies.

We covered a lot of tips how to get a better price on 2010 Chevy Equinox insurance. The key thing to remember is the more you quote insurance coverage, the more likely it is that you will get a better rate. You may even discover the lowest rates are with the smaller companies.

Drivers switch companies for a variety of reasons including poor customer service, delays in paying claims, high rates after DUI convictions and even being labeled a high risk driver. It doesn’t matter what your reason, finding the right insurance provider is less work than it seems.

More detailed insurance information is available at these sites:

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Collision Coverage (Liberty Mutual)
• Rental Reimbursement Coverage (Allstate)
• Speed and Speed Limit FAQ (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)