2021 Chevrolet Equinox Car Insurance Rates in 2024

Searching for better car insurance rates? Consumers have options when looking for affordable Chevy Equinox insurance. You can either spend your time struggling with agents to compare prices or leverage the internet to get rate quotes. There is a right way and a wrong way to compare car insurance rates so you’re going to learn the best way to get price quotes for a Chevy and get the lowest possible price.

If you have a current car insurance policy or are shopping for new coverage, you will benefit by learning to get lower rates while maximizing coverage. The purpose of this article is to instruct you on the most effective way to quote insurance. Vehicle owners just need to learn the proper way to compare company rates on the web.

Quote Chevy Equinox insurance cheaper

Multiple criteria are part of the calculation when quoting car insurance. Most are fairly basic like your driving record, but other criteria are less obvious such as your credit history or how safe your car is.

The items below are just a few of the factors used by your company to calculate your premiums.

• Uninterrupted coverage lowers premiums – Allowing your coverage to lapse can be a sure-fire way to increase your car insurance rates. In addition to paying higher premiums, getting caught without coverage might get you a fine, jail time, or a revoked license. You will then be forced to file a SR-22 with your state department of motor vehicles.
• Good credit scores equal low rates – An insured’s credit score is a big factor in determining what you pay. Therefore, if your credit is not that good, you could save money insuring your 2021 Chevrolet Equinox if you improve your credit rating. Drivers with excellent credit tend to be more responsible as compared to drivers with lower credit scores.
• Alarms and GPS tracking lower rates – Selecting a car model with an alarm system can save you some money. Anti-theft devices like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder car theft.
• Raising comp and collision deductibles lowers prices – The deductibles state the amount of money you are willing to pay before your car insurance pays a claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Examples of some claims that would be covered are a windshield broken by a bird, collision with a deer, or theft of your vehicle. The more you are required to pay out-of-pocket, the bigger discount you will receive on Equinox insurance.
• Drive a safer car and pay less – Vehicles with high crash test scores tend to have lower insurance rates. Safer cars result in less severe injuries and reduced instances of injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders.
• Do you have a demanding occupation? – Do you work in a high-stress field? Jobs such as lawyers, executives and stock brokers generally pay higher premiums than the average policyholder because of stressful work requirements and long work hours. On the flip side, careers such as farmers, engineers and the unemployed have lower than average premiums on Equinox insurance.
• Cautious drivers pay the best rates – Drivers who don’t get tickets pay less for auto insurance than bad drivers. Just one speeding ticket can increase the cost of insurance by twenty percent. Drivers who get flagrant citations such as reckless driving, hit and run or driving under the influence are required to prove financial responsibility to the state department of motor vehicles in order to prevent their license from being revoked.
• Cheaper to insure women? – Over time, data shows females are less aggressive when driving. It does not mean women are BETTER drivers than men. They both are responsible for auto accidents in similar percentages, but the male of the species have accidents that have higher claims. Men also tend to get higher numbers of serious violations such as reckless driving. Teenage male drivers cause the most accidents and thus pay the highest rates.

Finding insurance

There are multiple methods to compare insurance quotes, but there is one way that is more efficient than others. You can waste a few hours (or days) talking about coverages with agents in your area, or you can utilize online quotes to quickly compare rates.

All the larger companies enroll in a system that enables customers to enter their coverage request one time, and at least one company provides a quote based on that information. This saves time by eliminating form submissions for each company you want a rate for.

To use this form to compare rates enter your zip code here.

The one disadvantage to comparing rates this way is that you can’t choose the providers you will receive quotes from. If you prefer to choose from a list of companies to receive pricing from, we have a page of companies who write insurance in your area. Click to enter zip code.

You can choose any of those ways to find more affordable coverage, but try to keep the same deductibles and coverage limits on every price quote you get. If you are comparing different liability limits you will not be able to find the best deal for your Chevy Equinox.

Beware of misleading car insurance ads

Drivers can’t ignore all the ads for the lowest price car insurance from the likes of Allstate, GEICO and Progressive. All the companies convey the message that you’ll save big if you just switch your car insurance policy to them.

How can each company say the same thing? You have to listen carefully.

Insurance providers have strict underwriting profiles for the type of insured that will most likely be profitable. One example of a profitable risk profile might have to be over the age of 40, has other policies, and the vehicle is rated for pleasure use. Any customer that matches those criteria will get low auto insurance rates and will most likely save quite a bit of money when switching.

Drivers who may not quite match the ideal profile will see higher rates and the prospect going elsewhere. If you pay attention, the ads say “drivers who switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s the way insurance companies can advertise the way they do. Because of this risk profiling, it’s extremely important to do a quote comparison often. It’s just not possible to know which insurance companies will provide the lowest prices.

Save a ton with discounts

Not too many consumers would say car insurance is affordable, but you might be missing out on some discounts that may help make it more affordable. Some of these discounts will be visible when you get a quote, but some need to be asked about before you will receive the discount.

• Air Bag Discount – Cars that have air bags or motorized seat belts can qualify for discounts of 20 to 30 percent.
• Service Members Pay Less – Having a deployed family member could mean lower prices.
• Bundle and Save – If you have multiple policies with one company you will save at least 10 to 15 percent or more.
• Student in College – College-age children who are attending college without a vehicle on campus may qualify for this discount.
• Multi-car Discount – Buying coverage for multiple vehicles with one company qualifies for this discount.
• Braking Control Discount – Cars, trucks, and SUVs with ABS and/or traction control have fewer accidents and earn discounts up to 10%.

It’s important to understand that most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Just because you may think you could get a free car insurance policy, car insurance companies aren’t that generous.

To see a list of companies with the best discounts, enter your zip code here.

What is the best car insurance coverage?

When it comes to choosing the right insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.

• What is PIP insurance?
• Is my Chevy Equinox covered if I use it for business?
• Does my medical payments coverage pay my health insurance deductible?
• Should I buy additional glass protection?
• When would I need rental car insurance?
• Can I make deliveries for my home business?
• Why does it cost so much to insure a teen driver?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out your zip code. It’s fast, doesn’t cost anything and you can get the answers you need.

The coverage is in the details

Learning about specific coverages of your policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive coverage

This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as falling objects, rock chips in glass, theft, a tree branch falling on your vehicle and fire damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability

This coverage can cover damage that occurs to other’s property or people by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged property.

Liability can pay for things such as repair bills for other people’s vehicles, emergency aid and pain and suffering. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for nursing services, dental work, ambulance fees, rehabilitation expenses and prosthetic devices. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family and damage to your Chevy Equinox.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Collision coverage protection

This will pay to fix damage to your Equinox from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like colliding with a tree, crashing into a building, crashing into a ditch and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to bring the cost down.

Knowledge is power

You just read many ways to shop for 2021 Chevy Equinox insurance online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may even find the lowest rates come from a small local company.

Cheap 2021 Chevy Equinox insurance can be purchased from both online companies as well as from insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies do not offer price quotes online and these smaller companies work with independent agents.

Insureds leave their current company for any number of reasons including denial of a claim, high rates after DUI convictions, policy non-renewal and even policy cancellation. Whatever your reason, choosing a new company can be easier than you think.