Want cheaper auto insurance rates for your Chevrolet Equinox? Nobody looks forward to buying auto insurance, particularly when their premiums are through the roof.
Lots of insurance companies contend for your business, so it can be very hard to choose a provider and get the definite best price available.
You should take the time to check auto insurance prices yearly since rates fluctuate regularly. Even if you got the lowest rates for Equinox insurance on your last policy a different company probably has better rates today. Don’t believe everything you read about auto insurance on the internet, so by reading this article, you’re going to learn some excellent ideas to reduce your auto insurance bill.
The quickest way to compare rate quotes is to understand car insurance companies have advanced systems to give rate comparisons. To start a quote, the only thing you need to do is take a few minutes to give details including the ages of drivers, your general credit rating, if you have a valid license, and level of coverage desired. That information is then submitted to multiple different insurance companies and they return quotes with very little delay.
To compare rates for a now, click here and complete the form.
Companies don’t always list all available discounts in a way that’s easy to find, so here is a list some of the more common and the harder-to-find savings tricks you should be using.
Keep in mind that most credits do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as medical payments or collision. Just because you may think you can get free auto insurance, companies don’t profit that way.
Companies who might offer these money-saving discounts may include but are not limited to:
It’s a good idea to ask each company what discounts are available to you. Savings might not be offered in your area.
When choosing coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. For example, these questions may help you determine if your insurance needs could use an agent’s help.
If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier
Having a good grasp of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are typical coverage types found on most insurance policies.
Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like hitting a mailbox, sustaining damage from a pot hole, hitting a parking meter, colliding with another moving vehicle and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like hitting a deer, hail damage and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2005 Chevy Equinox.
Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP pay for short-term medical expenses such as rehabilitation expenses, chiropractic care and surgery. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible
Liability auto insurance
Liability insurance protects you from damages or injuries you inflict on people or other property in an accident. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000.
Liability insurance covers things such as legal defense fees, court costs, loss of income and medical expenses. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.