How Much Does 2018 Chevrolet Equinox Insurance Cost?

Have you fallen victim to an expensive insurance coverage policy? Believe me when I say many consumers feel financially strained by their insurance coverage policy.

Big companies like State Farm, Allstate, GEICO and Progressive all claim big savings, bombarding you with ad campaigns and it is challenging if not impossible to see through the cute green geckos and mayhem and find the best price available.

Compare car insurance quotes online

There are a variety of methods to compare car insurance quotes, but there is one way that is less time-consuming than others. You can waste hours talking about coverages with local insurance agents in your area, or you can utilize online quotes to accomplish the same thing much quicker.

Many popular insurance companies belong to a marketplace where insurance shoppers submit their information once, and each participating company can provide price quotes based on that information. This system prevents you from having to do form submissions to each individual car insurance company.

To find out how much you’re overpaying now click here to start a free quote.

One minor caviat to doing it this way is buyers cannot specifically choose which companies you want to price. If you would rather choose from a list of companies to compare rates, we have a page of low cost car insurance companies in your area. Click here for list of insurance companies.

It’s up to you which method you use, but ensure you’re using identical information with every price quote. If your comparisons have different data it will be impossible to make a fair rate comparison. Having just a slight variation in insurance coverages could mean much higher rates. Just remember that comparing more quotes helps increase your odds of locating the best price. Some regional insurers cannot provide online quotes, so you should also compare prices from those companies as well.

Cheaper auto insurance quotes with discounts

Companies don’t list their entire list of discounts very clearly, so the list below details a few of the more common and the more hidden credits available to lower your premiums when you buy insurance coverage online.

• New Car Discount – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
• Telematics Data – Insureds that choose to allow their insurance company to look at driving habits remotely such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction as long as the data is positive.
• One Accident Forgiven – but a handful of insurance companies will turn a blind eye to one accident without the usual rate increase if you are claim-free for a certain period of time.
• Federal Government Employee – Simply working for the federal government could cut as much as 10% off on Equinox insurance with some auto insurance companies.
• Military Deployment Discount – Being deployed in the military could mean lower rates.
• Professional Memberships – Affiliation with specific professional or occupational memberships or organizations is a simple method to lower premiums when shopping for auto insurance.
• 55 and Retired – If you qualify as a senior citizen, you could receive better auto insurance rates on Equinox insurance.
• Multi-car Discount – Insuring multiple vehicles on a single policy qualifies for this discount.
• Life Insurance Discount – If the company offers life insurance, you could get a small discount if you purchase some life insurance too.
• Theft Deterent System – Vehicles with anti-theft systems are stolen with less frequency and will save you 10% or more.

While discounts sound great, it’s important to understand that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as medical payments or collision. So even though it sounds like all the discounts add up to a free policy, companies wouldn’t make money that way.

Larger auto insurance companies and a summarized list of policyholder discounts include:

• Progressive includes discounts for multi-policy, good student, homeowner, continuous coverage, online quote discount, online signing, and multi-vehicle.
• The Hartford may have discounts that include defensive driver, anti-theft, vehicle fuel type, bundle, driver training, and air bag.
• Mercury Insurance offers premium reductions for annual mileage, location of vehicle, type of vehicle, accident-free, and good driver.
• GEICO has savings for defensive driver, driver training, military active duty, good student, anti-theft, air bags, and daytime running lights.
• AAA offers discounts for anti-theft, multi-policy, education and occupation, pay-in-full, multi-car, good student, and good driver.
• State Farm offers discounts including good driver, driver’s education, defensive driving training, Drive Safe & Save, and student away at school.

If you want the cheapest insurance coverage quotes, ask every prospective company which credits you are entitled to. A few discounts might not be available to policyholders in your area. If you would like to choose from a list of auto insurance companies that offer the discounts shown above, click here.

Tailor your auto insurance coverage to you

When buying adequate coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

• Is upholstery damage covered by car insurance?
• Is borrowed equipment or tools covered if stolen or damaged?
• Does medical payments coverage apply to all occupants?
• Am I covered if my car is in a flood?
• Does having multiple vehicles earn me a discount?
• Should I rate my 2018 Chevy Equinox as pleasure use or commute?

If you don’t know the answers to these questions, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.

Car insurance coverage considerations

Learning about specific coverages of your car insurance policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and coverage can change by endorsement. Below you’ll find typical coverages found on most car insurance policies.

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Chevy Equinox.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverage (or Other than Collision) – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, falling objects, a tree branch falling on your vehicle, damage from getting keyed and hitting a bird. The highest amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like hospital visits, rehabilitation expenses and X-ray expenses. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability auto insurance – Liability insurance will cover damage or injury you incur to a person or their property that is your fault. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as medical services, repair bills for other people’s vehicles, structural damage, loss of income and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverages – This coverage pays for damage to your Equinox resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like hitting a mailbox, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.