Compare 2012 Chevrolet Equinox Insurance Quotes

Want lower auto insurance rates for your Chevrolet Equinox? Did you make the mistake of buying high-priced auto insurance? Say no more because there are lots of residents who feel the same.

There is such a variety of insurers to choose from, and although it’s a good thing to have a selection, more options can take longer to adequately compare rates.

It’s smart to compare premium rates at least once a year because rates change regularly. Even if you think you had the best premium rates for Equinox coverage on your last policy there is a good chance you can find better prices now. Block out anything you think you know about auto insurance because it’s time to teach you the quickest way to reduce your cost while increasing coverage.

This information will teach you the most effective way to quote insurance and some tricks to saving. If you are paying for car insurance now, you will most likely be able to save some money using these methods. But drivers do need to understand how the larger insurance companies price insurance differently and take advantage of how the system works.

Discounts for affordable car insurance rates

The price of auto insurance can be rather high, but discounts can save money and there are some available that could drop your premiums quite a bit. Certain discounts will be applied when you complete an application, but lesser-known reductions have to be specially asked for prior to getting the savings. If you aren’t receiving every discount possible, you may be paying too high a price.

  • Save with a New Car – Insuring a vehicle that is new may earn a small discount because new vehicles keep occupants safer.
  • Responsible Drivers – Safe drivers can pay as much as 50% less for Equinox coverage than their less cautious counterparts.
  • Discount for Passive Restraints – Options like air bags and/or automatic seat belt systems can qualify for discounts up to 30%.
  • Multi-car Discount – Having primary and secondary vehicles on a single policy qualifies for this discount.
  • Professional Memberships – Joining qualifying clubs or civic groups is a simple method to lower premiums on car insurance.
  • Paperwork-free – A handful of larger companies give back up to $50 for buying your policy on the web.
  • Government Employee Discount – Active or former government employment could provide a small rate reduction for Equinox coverage with some car insurance companies.
  • Safety Course Discount – Successfully completing a safe driver course could earn you a small percentage discount and easily recoup the cost of the course.
  • No Accidents – Drivers who don’t have accidents can save substantially as compared to policyholders that have many claims.
  • Telematics Discount – Insureds who allow their insurance company to look at vehicle usage through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as the data is positive.

Keep in mind that most discount credits are not given to all coverage premiums. Most only reduce the cost of specific coverages such as collision or personal injury protection. So even though you would think you could get a free car insurance policy, insurance companies wouldn’t stay in business. Any qualifying discounts should definitely cut the amount you have to pay.

A partial list of companies that have most of these discounts include:

When getting free insurance quotes, it’s a good idea to all companies you are considering the best way to save money. Discounts may not be offered in every state. To see companies that have a full spectrum of discounts, click here to view.

Chevy Equinox insurance costs can be more affordable

Smart consumers have a good feel for the factors that play a part in calculating the price you pay for car insurance. If you know what influences your rates, this enables informed choices that can help you get lower rates. Multiple criteria are used in the calculation when you get a price on insurance. Most are fairly basic like an MVR report, but some are not as apparent such as your marital status or your financial responsibility.

The items below are some of the major factors used by insurance companies to determine your rate level.

  • Gender and insurance coverage rates – Statistics have proven women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Women and men tend to get into auto accidents in similar numbers, but the males cause more damage and cost insurance companies more money. Not only that, but men also get more serious tickets like driving under the influence (DUI).
  • Your vocation is a factor – Careers such as military generals, architects and stock brokers generally have higher rates than average in part from intense work situations and extremely grueling work hours. On the other hand, occupations such as actors, athletes and the unemployed receive lower rates for Equinox coverage.
  • High physical damage deductibles reduce costs – Comprehensive and collision coverage deductibles represent how much money you are willing to pay in the event of a claim. Physical damage protection, aka comp and collision, is used to repair damage to your car. Some coverage claims are colliding with a stationary object, damage caused by hail, and having a roll-over accident. The higher the amount you’re willing to pay, the lower your rates will be for Equinox coverage.
  • Driver age impacts premiums – Inexperience drivers are statistically shown to be more careless in a vehicle so they pay higher car insurance rates. Parents adding a teen driver to your car insurance policy can increase premiums substantially. Older, more experienced drivers are shown to be more cautious, are lower risk to insure , and are generally more financially stable.

You may need specialized car insurance coverage

When it comes to buying the right insurance coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions may help you determine whether you would benefit from professional advice.

  • When should I drop full coverage on my 2012 Chevy Equinox?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Am I covered if my car is in a flood?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Can I afford to pay high deductible claims out of pocket?
  • If my pet gets injured in an accident are they covered?
  • Can I make deliveries for my home business?
  • What should my uninsured motorist coverage limits be in my state?
  • When do I need to add a new car to my policy?
  • What is the ISO rating for a 2012 Chevy Equinox?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Insurance coverage basics

Learning about specific coverages of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverages found on the average insurance policy.

Liability insurance

Liability insurance will cover damage or injury you incur to a person or their property. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as pain and suffering, structural damage, emergency aid and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Chevy Equinox.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are set the same as your liablity limits.

Coverage for collisions

Collision insurance will pay to fix damage to your Equinox resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with another moving vehicle, sideswiping another vehicle, hitting a mailbox, sustaining damage from a pot hole and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as hitting a deer, theft and fire damage. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Med pay and PIP coverage pay for short-term medical expenses for things like X-ray expenses, EMT expenses and nursing services. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

A penny saved is a penny earned

We covered some good ideas how to lower your 2012 Chevy Equinox insurance prices. The key thing to remember is the more rate quotes you have, the higher your chance of finding cheap insurance. You may even discover the best price on insurance is with a smaller regional carrier. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm or Progressive.

Cost effective 2012 Chevy Equinox insurance is attainable online as well as from insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some companies may not provide online rate quotes and many times these regional insurance providers only sell coverage through independent insurance agencies.

When trying to cut insurance costs, you should never skimp on critical coverages to save a buck or two. Too many times, someone sacrificed collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage at the best cost, not the least amount of coverage.

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Comments About 2012 Chevrolet Equinox Insurance

  1. Sima Patel

    If you have a good history and live in the vicinity of Minneapolis, Minnesota, check out Progressive. They seem to be cheaper.

  2. Nathanial Fitzpatrick

    Not sure what I should be paying. I’m just north of Billings, MT. I quoted with Western Auto Insurance, Amica, Hartford, and Mercury for my Equinox and saved $357 a year. I even had a DUI years ago. Hardly afford to drive anymore.

  3. Toni Mccullough

    Allstate is cheapest in South Carolina! :)

  4. Theodora Miller

    Well-written and thought out article. Found cheapest coverage with Eastwood for my Equinox and saved around $510 a year. Have an at-fault accident tho.

  5. Pura Stokes

    Anyone find cheap rates around Missoula, MT?

  6. Amber Clay

    This is too expensive. From a town just southwest of Miami, Florida. I got free quotes from 21st Century, Amica, Eastwood, and Hanover for my Chevrolet and saved $134 a year. Left MetLife to switch.

  7. Kristel Chan

    From northwest of Bellevue, NE. Got car insurance quotes from Western Auto Insurance, AIG Insurance, The General, and Nationwide for my Equinox and cut my rates about $220 a year.

  8. Kiana Franklin

    Does State Farm have good claim service?