Cheapest Quotes for Chevy Equinox Insurance in Colorado Springs

Searching for low-cost insurance for a Chevy Equinox in Colorado can be a painful process, but you can follow a few tricks and make it easy. There is a right way and a wrong way to buy auto insurance so we’re going to tell you the absolute fastest way to compare rates for a new or used Chevy and get the cheapest rates.

Consumers should take time to get comparison quotes yearly because auto insurance prices fluctuate regularly. If you had the lowest rates on Chevy Equinox insurance in Colorado Springs last year other companies may now be cheaper. Forget all the misinformation about auto insurance because we’re going to show you the right way to find lower rates on auto insurance.

If you’re already insured or are looking for a new policy, use these techniques to get lower rates and still have adequate protection. Quoting the lowest-priced policy in Colorado Springs is easy if you know what you’re doing. You only have to learn how to compare different rates from many different companies.

The companies shown below are our best choices to provide price comparisons in Colorado Springs, CO. If multiple companies are listed, we suggest you visit two to three different companies in order to get a fair rate comparison.

Detailed insurance information

The coverage information shown next showcases a range of insurance costs for Chevy Equinox models. Being able to understand how insurance prices are established can help drivers make smart choices when buying a policy.

Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Price estimates do not factor in zip code location which can alter coverage rates substantially.

Should you raise deductibles?

One of the more difficult decisions when buying insurance is how high should the physical damage deductibles be. The following insurance rates sum up the differences in premium rates between high and low deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second set of prices uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Premium amounts do not factor in zip code location which can influence auto insurance rates considerably.

Based on these figures, using a $250 deductible will cost in the ballpark of $15 more each month or $180 annually than choosing the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to have more than 17 months between claim filings, you would save money by going with a higher deductible.

Careless Colorado Springs drivers pay higher rates

The information below demonstrates how traffic citations and at-fault fender-benders can impact Chevy Equinox insurance rates for each age group. The price estimates are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.

Discounts for cheap car insurance rates

Not many people think insurance is cheap, but you may find discounts that can help lower your rates. A few discounts will automatically apply when you quote, but less common discounts must be requested specifically in order for you to get them.

• Colorado Springs Homeowners Discount – Owning a house in Colorado Springs may trigger a policy discount on car insurance due to the fact that maintaining a home requires a higher level of personal finance.
• Discounts for Federal Employees – Active or former government employment may reduce rates when you quote Colorado Springs auto insurance with a few car insurance companies.
• Senior Citizens – Mature drivers can possibly qualify for a small discount on rates.
• ABS Braking Discount – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
• Pay Now and Pay Less – By paying your entire bill at once instead of making monthly payments you may reduce your total bill.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them successfully take a driver’s education course if it’s offered in school.
• Good Driver Discount – Accident-free drivers can get discounts for up to 45% lower rates than their less cautious counterparts.
• Military Rewards – Having a deployed family member could be rewarded with lower premium rates.
• Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper compared to insuring an older model.
• Waiver for an Accident – Not a discount per se, but a few companies such as Progressive, Allstate, and Liberty Mutual will turn a blind eye to one accident without the usual rate increase if you have no claims prior to being involved in the accident.

It’s important to note that some of the credits will not apply to the entire policy premium. Most cut the cost of specific coverages such as comp or med pay. Despite the fact that it seems like you could get a free car insurance policy, company stockholders wouldn’t be very happy.

The illustration below compares Chevy Equinox insurance prices with and without policy discounts. The prices are based on a male driver, no claims or driving citations, Colorado state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, safe-driver, marriage, multi-car, and homeowner discounts applied.

The best car insurance companies and a summarized list of policyholder discounts can be read below.

• Progressive has discounts for online signing, continuous coverage, good student, multi-vehicle, homeowner, multi-policy, and online quote discount.
• SAFECO may include discounts for accident prevention training, homeowner, teen safe driver, multi-car, teen safety rewards, and safe driver.
• American Family may offer discounts for multi-vehicle, air bags, good student, good driver, defensive driver, and accident-free.
• MetLife includes discounts for good driver, claim-free, multi-policy, good student, defensive driver, accident-free
• GEICO policyholders can earn discounts including membership and employees, five-year accident-free, air bags, federal employee, and driver training.
• The Hartford may have discounts that include good student, air bag, bundle, driver training, and defensive driver.

When quoting, ask every company which discounts can lower your rates. A few discounts might not be available to policyholders in Colorado Springs. For a list of insurance companies with the best Chevy Equinox insurance discounts in Colorado, click here.

Why you need Chevy Equinox insurance in Colorado

Despite the high insurance cost for a Chevy Equinox in Colorado Springs, auto insurance may be mandatory for several reasons.

First, the majority of states have minimum mandated liability insurance limits which means state laws require specific minimum amounts of liability in order to get the vehicle licensed. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you took out a loan on your Equinox, it’s guaranteed your bank will make it mandatory that you have insurance to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Chevy at a significantly higher premium and force you to reimburse them for it.

Third, auto insurance preserves both your assets and your Chevy Equinox. It will also reimburse you for medical bills for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, will also pay attorney fees if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.

The benefits of buying enough insurance definitely exceed the price paid, especially for larger claims. The average driver in America overpays more than $700 annually so compare rates at least once a year to ensure rates are competitive.

Colorado Springs car insurance companies

Finding the highest-rated insurance provider can be a challenge considering how many choices you have in Colorado Springs. The company rank data shown below may help you pick which car insurance companies to look at purchasing coverage from.

Auto insurance agents near you

Some people still prefer to talk to an insurance agent and that is just fine! Professional insurance agents can help you build your policy and help you file claims. One of the best bonuses of comparing rates online is that you can find cheap rate quotes but still work with a licensed agent.

To make it easy to find an agent, after completing this simple form, your insurance data is sent to insurance agents in Colorado Springs that give free quotes for your coverage. You don’t have to find an agent as quotes are delivered to you. If you have a need to get a price quote from a specific car insurance provider, you just need to visit that company’s website and complete a quote there.

Deciding on a insurer requires you to look at more than just the premium amount. Any agent in Colorado Springs should be forthright in answering these questions:

• Are there any hidden costs in their price quote and does it include driving and credit history?
• How long have they been in business?
• Which companies do they recommend if they are an independent agency?
• Do the coverages you’re quoting properly cover your vehicle?
• Are they primarily personal or commercial lines agents in Colorado Springs?
• Does the agency provide any after hours assistance?