Discount Chevy Equinox insuranceWould you like to stop overpaying and find the cheapest Chevy Equinox insurance in Houston? Finding discount Houston Chevy Equinox insurance quotes may be impossible for consumers who are new to comparing and buying insurance on the web. With such a large number of agents and companies competing online, how can Houston drivers efficiently compare every insurance company to find better insurance prices?

A recent NerdWallet.com study revealed that most insurance policyholders in Texas kept their coverage with the same insurance company for well over three years, and approximately 38% of consumers have never compared rates with other companies. With the average insurance premium being $1,847, U.S. drivers could pocket 47% a year by just comparing rate quotes, but most tend to underestimate how much savings they would realize if they switched to a cheaper policy.

Discounts for cheaper car insurance rates

Insuring your fleet can be pricey, but there are discounts available that could help you make your next renewal payment. Certain credits will be shown when you quote, but occasionally some discounts must be inquired about before you will receive the discount.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Even though the math looks like all the discounts add up to a free policy, companies don't profit that way.

A list of car insurance companies and their offered discounts include:

Before you buy a policy, ask each insurance company what discounts are available to you. Some credits may not be available in every state.

When comparison shopping, getting more free quotes increases the chance that you will find a lower rate.

The providers in the list below have been selected to offer free quotes in Houston, TX. To find cheap car insurance in Texas, it's a good idea that you get rate quotes from several of them to get a more complete price comparison.

Chevrolet Equinox Insurance Rate Estimates in Houston, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $178 $358 $462 $28 $138 $1,164 $97
Equinox LT 2WD $206 $392 $430 $26 $128 $1,182 $99
Equinox LS AWD $252 $492 $358 $22 $108 $1,232 $103
Equinox LT AWD $140 $260 $358 $22 $108 $888 $74
Equinox LTZ 2WD $318 $718 $430 $26 $128 $1,620 $135
Equinox LTZ AWD $206 $368 $382 $22 $114 $1,092 $91
Equinox LTZ AWD $318 $660 $496 $30 $148 $1,652 $138
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Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Table data does not factor in vehicle garaging location which can lower or raise premium rates considerably.

Physical damage deductibles: Should you raise them?

When buying auto insurance, a common question is how high or low should comp and collision deductibles be. The tables below can help show the differences in price between high and low physical damage deductibles. The first data table uses a $100 physical damage deductible and the second data table uses a $500 deductible.

Chevrolet Equinox insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $328 $592 $382 $22 $114 $1,463 $122
Equinox LT 2WD $328 $592 $382 $22 $114 $1,463 $122
Equinox LS AWD $328 $592 $382 $22 $114 $1,463 $122
Equinox LT AWD $328 $592 $382 $22 $114 $1,463 $122
Equinox LTZ 2WD $370 $698 $382 $22 $114 $1,611 $134
Equinox LTZ AWD $370 $698 $382 $22 $114 $1,611 $134
Equinox LTZ AWD $370 $698 $382 $22 $114 $1,611 $134
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Chevrolet Equinox insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $240 $400 $382 $22 $114 $1,158 $97
Equinox LT 2WD $240 $400 $382 $22 $114 $1,158 $97
Equinox LS AWD $240 $400 $382 $22 $114 $1,158 $97
Equinox LT AWD $240 $400 $382 $22 $114 $1,158 $97
Equinox LTZ 2WD $270 $472 $382 $22 $114 $1,260 $105
Equinox LTZ AWD $270 $472 $382 $22 $114 $1,260 $105
Equinox LTZ AWD $270 $472 $382 $22 $114 $1,260 $105
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Table data does not factor in vehicle location which can decrease or increase auto insurance rates considerably.

We can estimate from the data above that using a $100 deductible costs roughly $27 more each month or $324 each year than opting for the higher $500 deductible. Since you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at least 15 months between claim filings, you would save more money if you choose a higher deductible.

Auto insurance prices based on gender

The illustration below illustrates the difference between Chevrolet Equinox car insurance rates for male and female drivers. The data assumes no claims or driving citations, full physical damage coverage, $500 deductibles, single marital status, and no additional discounts are factored in.

Smart Consumers Know How to Buy Car Insurance for Less

Consumers need to have an understanding of the rating factors that help calculate the price you pay for car insurance. If you have a feel for what impacts premium levels, this allows you to make educated decisions that may result in lower premium levels. Multiple criteria are considered when pricing auto insurance. Most are fairly basic such as traffic violations, but other factors are more transparent like where you live or how financially stable you are.

The items below are some of the most rate-impacting factors utilized by car insurance companies to help set rates.

You may want advice from an insurance agency

Many drivers still like to talk to a local agent and often times that is recommended The biggest benefit of comparing rate quotes online is the fact that you can find the lowest rates but also keep your business local.

To find an agent, once you fill out this quick form, the coverage information is immediately sent to agents in your area who will give you bids for your auto insurance coverage. There is no reason to contact any insurance agencies since price quotes are sent to you directly. Get lower rates and work with a local agent. If you wish to get a price quote from a specific company, you just need to go to their quote page to submit a rate quote request.

Picking the best provider needs to be determined by more than just a cheap quote. You should also get answers to these questions.

When finding a reliable agent, you should know the different agency structures and how they can quote your rates. Auto insurance agencies are categorized either exclusive agents or independent agents.

Exclusive Auto Insurance Agents

Agents that elect to be exclusive can only write with one company and examples are State Farm, Allstate, and Farm Bureau. Exclusive agents are unable to compare rates from other companies so they have no alternatives for high prices. Exclusive insurance agents receive extensive training in insurance sales and that can be a competitive advantage. Consumers sometimes purchase coverage from exclusives partially due to loyalty to the company rather than low price.

Shown below is a short list of exclusive insurance agencies in Houston that can give you price quotes.

View more Houston agents

Independent Auto Insurance Agents

Agents that elect to be independent often have affiliation with several companies and that is an advantage because they can write policies with an assortment of companies depending on which coverage is best. If they find a lower price, your agent can just switch to a different company and you don't have to do anything.

If you need cheaper auto insurance rates, we recommend you include price quotes from multiple independent agents to ensure the widest selection of prices. Most have the option of insuring with smaller regional carriers which could offer lower prices.

Below is a short list of independent insurance agencies in Houston who can help you get rate quotes.

View more Houston agents

After talking to the agent and getting reasonable responses to any questions you have and an affordable coverage quote, chances are good that you have found an insurance agency that is reliable enough to adequately provide auto insurance.

Three main reasons to buy insurance

Despite the high cost of buying insurance for a Chevy Equinox in Houston, paying for insurance serves an important purpose.

First, the majority of states have mandatory liability insurance requirements which means you are required to carry a specific minimum amount of liability insurance in order to drive the car legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if your car has a lienholder, almost all lenders will require that you carry insurance to protect their interest in the vehicle. If you let the policy lapse, the lender may insure your Chevy at an extremely high rate and require you to reimburse them the higher price.

Third, insurance protects not only your car but also your assets. It will also provide coverage for medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay to defend you if anyone sues you for causing an accident. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to have it repaired.

The benefits of having insurance definitely exceed the cost, especially with large liability claims. Despite what companies tell you, the average driver overpays as much as $855 a year so compare rate quotes each time the policy renews to ensure rates are inline.

Lower rates by being persistent

Consumers who switch companies do it for any number of reasons including high prices, policy non-renewal, an unsatisfactory settlement offer or even unfair underwriting practices. No matter why you want to switch, choosing a new insurance company is not as difficult as it may seem.

As you quote Houston auto insurance, never skimp on coverage in order to save money. There are a lot of situations where an insured cut uninsured motorist or liability limits only to regret they didn't purchase enough coverage. Your focus should be to get the best coverage possible for the lowest cost.

In this article, we covered a lot of techniques to save on Chevy Equinox insurance in Houston. The most important thing to understand is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. Drivers may even discover the best rates are with a small local company.

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