How Much Does 2007 Chevrolet Equinox Insurance Cost?

Shoppers have lots of choices when shopping for low-cost Chevy Equinox insurance. They can either waste time driving around getting price quotes or save time using the internet to make rate comparisons.

There are both good and bad ways to shop for car insurance and we’ll show you the absolute fastest way to compare rates for a new or used Chevy and locate the best price possible either online or from local insurance agents.

Consumers should take time to price shop coverage occasionally since insurance rates are variable and change quite frequently. Just because you had the best price on Equinox insurance a couple years back you may be paying too much now. Ignore everything you know about car insurance because you’re about to learn one of the best ways to get good coverage at a lower rate.

The quickest way to compare insurance rates in your area is to know the trick almost all companies actually pay money for the chance to give you rate quotes. All you need to do is take a few minutes to give details like if the car is leased, level of coverage desired, distance driven, and if you went to college. Your details is then sent to insurance carriers in your area and you will get price comparisons within a short period of time.

To find lower rates now, click here and enter the information requested.

Don’t believe everything you hear

Drivers constantly see and hear ads that promise big savings by Allstate and Progressive. All the companies make the same claim that you’ll save big if you switch to their company.

How do they all say the same thing? It’s all in the numbers.

All the different companies can use profiling for the type of driver they prefer to insure. An example of a preferred risk might be profiled as over the age of 40, has no prior claims, and drives less than 7,500 miles a year. A propective insured who matches those parameters gets the lowest rates and most likely will save when they switch companies.

Consumers who do not match these standards will be charged higher prices which usually ends up with business not being written. The ad wording is “drivers who switch” not “everyone that quotes” save that much money. That is how insurance companies can claim big savings.

That is why it is so important to get quotes from several different companies. It’s not possible to predict which car insurance company will provide you with the cheapest Chevy Equinox insurance rates.

Take advantage of discounts

Car insurance can cost a lot, but you can get discounts to cut the cost considerably. Certain discounts will be applied when you get a quote, but a few must be manually applied before being credited. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Save over 55 – If you’re over the age of 55, you may receive better car insurance rates on Equinox insurance.
  • Multi-car Discount – Insuring more than one vehicle with the same company qualifies for this discount.
  • Club Memberships – Belonging to certain professional organizations may earn a discount on car insurance on Equinox insurance.
  • No Charge for an Accident – Certain companies permit an accident without raising rates so long as you haven’t had any claims for a certain period of time.
  • Multiple Policy Discount – When you have multiple policies with one insurance company you may earn 10% to 20% off each policy.
  • Drivers Education – Require your teen driver to successfully complete driver’s ed class if offered at their school.
  • Early Switch Discount – Some insurance companies reward drivers for switching policies before your current expiration date. It’s a savings of about 10%.
  • Passive Restraints and Air Bags – Factory air bags can receive discounts of up to 25% or more.
  • Claim Free – Claim-free drivers pay less as compared to frequent claim filers.

It’s important to understand that most discount credits are not given the the whole policy. Most cut individual premiums such as comp or med pay. So when it seems like you would end up receiving a 100% discount, it doesn’t quite work that way. Any amount of discount will help reduce the amount you have to pay.

Insurance companies that possibly offer these discounts include:

It’s a good idea to ask each insurance company what discounts are available to you. Discounts may not be available in every state.

How to know if you need help

When buying proper insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is unique.

Here are some questions about coverages that may help highlight if your insurance needs would benefit from professional advice.

  • At what point should I drop full coverage?
  • Where can I find high-risk insurance?
  • Is business equipment covered while in my vehicle?
  • Am I covered when driving on a suspended license?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered if I hit my neighbor’s mailbox?
  • How can I find cheaper teen driver insurance?
  • Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and you can get the answers you need.

Information about specific coverages

Having a good grasp of insurance helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Auto collision coverage

Collision coverage will pay to fix damage to your Equinox resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as sideswiping another vehicle, colliding with a tree and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive insurance

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, fire damage, damage from getting keyed, vandalism and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability car insurance

This can cover damage that occurs to people or other property. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like emergency aid, attorney fees, funeral expenses, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your 2007 Chevy Equinox.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like prosthetic devices, X-ray expenses, ambulance fees and nursing services. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

In conclusion

We just covered some good ideas how you can compare 2007 Chevy Equinox insurance prices online. It’s most important to understand that the more you quote, the higher your chance of finding lower rates. Consumers could even find that the lowest priced auto insurance comes from some of the smallest insurance companies.

While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. In many instances, an insured cut uninsured motorist or liability limits only to regret at claim time that it was a big mistake. The aim is to purchase a proper amount of coverage at the best price, not the least amount of coverage.

Consumers who switch companies do it for a variety of reasons including being labeled a high risk driver, delays in responding to claim requests, policy cancellation or even denial of a claim. Regardless of your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

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