Cheap 2014 Chevrolet Equinox Insurance Cost

Searching for the cheapest car insurance rates for your Chevrolet Equinox? Finding cheap prices on Driverscar insurance might be frustrating for drivers who are new to shopping for insurance online. People have so many companies to choose from that it can quickly become a burden to find cheaper prices.

Car insurance policy discounts

Companies that sell car insurance don’t list every possible discount very clearly, so the list below gives a summary of a few of the more common and also the more inconspicuous credits available to bring down your rates. If you don’t get every credit you qualify for, you are not getting the best rate possible.

• Memberships – Being a member of certain professional organizations can get you a small discount on your policy.
• ABS Brakes – Anti-lock brake equipped vehicles prevent accidents and the ABS can save up to 10%.
• Low Mileage Discounts – Fewer annual miles on your Chevy could qualify for substantially lower car insurancerates.
• Senior Citizen Discount – Drivers over the age of 55 may receive better car insurance rates on Equinox coverage.
• Pay Now and Pay Less – By making one initial payment as opposed to paying monthly you could save up to 5%.
• Discounts for Government Workers – Simply working for the federal government could provide a small rate reduction on Equinox coverage with some car insurance companies.
• Switch and Save Discount – Some larger companies reward drivers for switching to them prior to your current policy expiration. It can save you around 10%.
• Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts may be able to save a few bucks off the PIP or medical payment premium.

Policy discounts save money, but some of the credits will not apply the the whole policy. Some only reduce specific coverage prices like liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, company stockholders wouldn’t be very happy. But any discount will help reduce your premiums.

Auto insurance companies that have these discounts include:

• Progressive
• The Hartford
• Mercury Insurance
• Geico
• AAA
• State Farm

Before you buy a policy, ask each insurance company how you can save money. Savings may not be available in your state.

Where can I get low cost insurance coverage?

To find cheaper insurance coverage quotes, there are several ways to compare quotes from different insurance companies. One of the best ways to compare rates is to perform an online rate comparison. This can be done using a couple different methods.

• One of the simplest ways to find the lowest comparison rates is a comparison rater form click here to open form in new window. This form keeps you from doing separate forms for each company. One simple form gets coverage cost estimates from insurance coverage companies with the best prices. This is by far the quickest method.
• A less efficient way to analyze rates requires visiting the website of each company and fill out a new quote form. For instance, we’ll assume you need rates from USAA, Allstate and Travelers. You would need to navigate to each company’s site and repeatedly type in your coverage information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.

How you compare quotes is your choice, just compare equivalent coverage limits for every company. If each company quotes different values for each quote it’s not possible to make a fair comparison for your Chevy Equinox. Having just a slight variation in coverages could mean much higher rates. And when quoting insurance coverage, remember that more quotes gives you a better chance of getting a better price.

Informed consumers can cut insurance costs

Lots of factors are used in the calculation when you quote your car insurance policy. Most are fairly basic like a motor vehicle report, although others are less obvious such as your credit history or your financial responsibility.An important part of buying insurance is that you know a few of the rating criteria that help calculate your insurance rates. If you have a feel for what impacts premium levels, this allows you to make good choices that could result in much lower annual insurance costs.

• Accidents cost more than a fine – Just one speeding ticket could increase your next policy renewal by twenty percent. Good drivers get better rates than people who have multiple driving citations. Drivers who have dangerous violations such as reckless driving or DUI are required to complete a SR-22 to the state department of motor vehicles in order to keep their license.
• How many miles do you drive? – The more you drive your Chevy each year the more you’ll pay to insure it. A lot of companies apply a rate partially by how you use the vehicle. Autos not used for work or commuting cost less to insure than those used for commuting. It’s always a good idea to double check that your insurance policy correctly shows the correct driver usage. Having an incorrect usage rating on your Equinox may be wasting your money.
• Location can affect price – Choosing to live in small towns and rural areas is a good thing when insuring your vehicles. Less people living in that area translates into fewer accident claims in addition to lower liability claims People in densly populated areas tend to have congested traffic and much longer commute distances. More time on the road means higher likelihood of an accident.
• Cheaper rates with high physical damage deductibles – Physical damage deductibles define how much you are required to spend out-of-pocket if a claim is determined to be covered. Coverage for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. A few examples of covered claims are colliding with a stationary object, animal collisions, and damage from wind. The more money you are required to pay out-of-pocket, the less your insurance will be on Equinox coverage.
• Lower premiums for cars with good safety ratings – Vehicles with good safety scores get lower rates. Safer cars help reduce the chance of injuries in an accident and lower rates of occupant injuries means your insurance company pays less and lower rates for you. If the Chevy Equinox has ratings of a minimum four stars on Safercar.gov you may pay a lower rate.
• Vocation and insurance premiums – Did you know your job can affect your rates? Occupations such as real estate brokersairline pilots and medical professionals are shown to have higher average rates attributed to high stress levels and incredibly demanding work hours. On the other hand, occupations like scientists, students and performers have the lowest average rates on Equinox coverage.

How do I know if I need professional advice?

When it comes to choosing the right insurance coverage, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out whether your personal situation will benefit from professional help.

• What is an SR-22 filing?
• How do I insure my teen driver?
• Am I missing any policy discounts?
• Do I have coverage when making deliveries for my home business?
• How high should deductibles be on a 2014 Chevy Equinox?
• Who is covered when they drive my 2014 Chevy Equinox?
• Does insurance cover tools stolen from my truck?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form.

Well known brands might not be cheapest

Well-known car insurance companies like Allstate and Progressive seem to constantly run television, radio, and online ads. All the ads convey the message about saving some big amount after switching your policy. How can each company make almost identical claims? It’s all in how they say it.

Many companies quote their best rates for the type of customer that will be a good risk. A good example of a desirable risk might be described as over the age of 45, has no tickets, and does not commute to work. A propective insured who matches that profile may get the lowest prices as well as save quite a bit of money when switching.

Consumers who fall short of these criteria will probably have to pay higher premium rates and the customer not buying. If you listen closely, the ads state “people who switch” but not “everyone who gets a quote” will save that much if they switch. This is how insurance companies can advertise the way they do.

This really drives home the point why you really should compare quotes as often as possible. It is impossible to predict which company will give you the biggest savings.

Car insurance coverage breakdown

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Medical expense coverage

Med pay and PIP coverage kick in for short-term medical expenses like X-ray expenses, prosthetic devices, nursing services, pain medications and surgery. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive protection

This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as theft, hail damage and rock chips in glass. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Liability insurance

This coverage provides protection from damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, pain and suffering, funeral expenses and attorney fees. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Collision coverage

Collision insurance covers damage to your Equinox caused by collision 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 things such as colliding with another moving vehicle, backing into a parked car, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

In Summary

Low-cost 2014 Chevy Equinox insurance can be purchased both online and from local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not offer the ability to get quotes online and usually these regional insurance providers work with independent insurance agencies.

When you buy insurance coverage online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice full coverage only to discover later that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at the best cost while still protecting your assets.

We just showed you many ways to reduce 2014 Chevy Equinox insurance prices online. The key concept to understand is the more companies you get rates for, the better your comparison will be. Consumers may even find the biggest savings come from a small local company.

More tips and info about car insurance can be read in these articles:

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Who Has Affordable Auto Insurance for a Chevrolet Equinox in Tampa? (TampaCoverage.com)
• Safety Belts FAQ (iihs.org)
• What is Full Coverage? (Allstate)
• Frontal Crash Tests (iihs.org)
• Understanding Car Crashes Video (iihs.org)