Save Money on Chevy Equinox Insurance in Fort Worth

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We don't have to tell you that insurance companies don't want you to look at other companies. Insureds who shop around at least once a year are highly likely to switch to a new company because they have a good chance of finding discount prices. A recent survey discovered that people who compared rates once a year saved $860 a year compared to those who never compared other company's rates.

If finding the lowest rates on Chevy Equinox insurance in Fort Worth is why you're reading this, then having an understanding of how to quote and compare coverage rates can help you succeed in saving money.

Insurance quote for Chevy Equinox in Fort WorthIt takes a little time, but the best way to get the cheapest Chevy Equinox insurance in Fort Worth is to compare prices annually from insurers in Texas. Prices can be compared by following these steps.

  • First, try to understand what coverages are included in your policy and the things you can change to prevent high rates. Many policy risk factors that cause high rates like traffic citations, accidents, and a less-than-favorable credit history can be controlled by making small lifestyle or driving habit changes. This article provides additional tips to help reduce prices and find available discounts that you may qualify for.
  • Second, request price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like GEICO and Allstate, while agents who are independent can give you price quotes from many different companies. View prices
  • Third, compare the price quotes to the premium of your current policy to determine if you can save on Equinox insurance in Fort Worth. If you find a lower rate quote, make sure there is no coverage gap between policies.
  • Fourth, notify your company or agent to cancel your existing policy and submit a down payment and signed policy application to your new company or agent. As soon as you can, place the new proof of insurance certificate with your registration paperwork.

A good tip to remember is that you use the same physical damage deductibles and liability limits on every price quote and and to compare as many companies as possible. Doing this helps ensure a fair price comparison and a thorough price selection.

Finding cheap Fort Worth insurance quotes is surprisingly easy. The only thing you need to do is invest a little time comparing rate quotes from different insurance companies.

The auto insurance companies shown below are ready to provide free rate quotes in Texas. If the list has multiple companies, it's highly recommended you click on several of them to get the most competitive price.

Chevy Equinox coverage statistics

The information displayed below outlines estimates of coverage prices for Chevy Equinox models. Being more informed about how auto insurance prices are established can help guide drivers when making decisions on which coverage to buy.

Chevrolet Equinox Insurance Rates in Fort Worth, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $166 $288 $392 $24 $118 $988 $82
Equinox LT 2WD $166 $288 $392 $24 $118 $988 $82
Equinox LS AWD $166 $288 $392 $24 $118 $988 $82
Equinox LT AWD $166 $288 $392 $24 $118 $988 $82
Equinox LTZ 2WD $186 $338 $392 $24 $118 $1,058 $88
Equinox LTZ AWD $186 $338 $392 $24 $118 $1,058 $88
Equinox LTZ AWD $186 $338 $392 $24 $118 $1,058 $88
Get Your Own Custom Quote Go

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Price estimates do not factor in your specific Fort Worth location which can alter auto insurance rates considerably.

Choosing deductibles

The hardest decision when buying coverage is how high should the deductibles for physical damage be. The rates shown below show how much more rates are of buying low and high policy deductibles. The first data set uses a $250 deductible for comp and collision and the second data table uses a $1,000 deductible.

Chevrolet Equinox insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $294 $496 $382 $22 $114 $1,333 $111
Equinox LT 2WD $294 $496 $382 $22 $114 $1,333 $111
Equinox LS AWD $294 $496 $382 $22 $114 $1,333 $111
Equinox LT AWD $294 $496 $382 $22 $114 $1,333 $111
Equinox LTZ 2WD $332 $584 $382 $22 $114 $1,459 $122
Equinox LTZ AWD $332 $584 $382 $22 $114 $1,459 $122
Equinox LTZ AWD $332 $584 $382 $22 $114 $1,459 $122
Get Your Own Custom Quote Go
Chevrolet Equinox insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $182 $312 $382 $22 $114 $1,012 $84
Equinox LT 2WD $182 $312 $382 $22 $114 $1,012 $84
Equinox LS AWD $182 $312 $382 $22 $114 $1,012 $84
Equinox LT AWD $182 $312 $382 $22 $114 $1,012 $84
Equinox LTZ 2WD $206 $368 $382 $22 $114 $1,092 $91
Equinox LTZ AWD $206 $368 $382 $22 $114 $1,092 $91
Equinox LTZ AWD $206 $368 $382 $22 $114 $1,092 $91
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Prices do not factor in zip code location which can raise or lower rates considerably.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs an average of $29 more each month or $348 annually than opting for the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 26 months between claims, you would more than likely save some money by going with a higher deductible.

Impact of careless driving on Fort Worth car insurance rates

The example below demonstrates how traffic citations and at-fault accidents impact Chevy Equinox insurance prices for different insured age categories. The premium estimates are based on a single female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.

Rate comparison of males versus females

The chart below compares Chevy Equinox insurance rates for male and female drivers. Data assumes no claims or driving violations, full coverage, $250 deductibles, drivers are single, and no additional discounts are factored in.

Why do I need car insurance?

Despite the high insurance cost for a Chevy Equinox in Fort Worth, insurance may be required for several reasons.

  • Most states have mandatory insurance requirements which means it is punishable by state law to not carry specific limits of liability insurance in order to license the vehicle. 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.
  • If you took out a loan on your Chevy Equinox, almost every bank will require you to have full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the lender may insure your Chevy at a more expensive rate and force you to pay for the expensive policy.
  • Insurance protects your Chevy and your assets. It will also provide coverage for all forms of medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit in the event you are sued. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will cover the repair costs.

The benefits of carrying adequate insurance more than cancel out the cost, specifically if you ever have a liability claim. According to a recent study, the average American driver is wasting up to $855 a year so compare quotes from several companies at every renewal to save money.

Five Tips to Get Lower-cost Fort Worth Insurance Rates

Smart consumers have a good feel for some of the things that help determine your premiums. If you have a feel for what influences your rates, this enables informed choices that may result in lower auto insurance prices.

The list below includes most of the major factors auto insurance companies consider when setting your premiums.

  • Infrequent drivers can save - The higher the mileage driven each year the higher your rate. Most companies apply a rate determined by how the vehicle is used. Cars that have low annual miles can be on a lower rate level than those that get driven frequently. An improperly rated Equinox can result in significantly higher rates. It's a smart idea to ensure your auto insurance policy correctly shows the correct driver usage.
  • Too many policy claims drive up premiums - If you file a lot of claims you should expect higher premiums or even policy non-renewal. Car insurance companies in Texas provide most affordable rates to insureds who do not rely on their insurance for small claims. Your insurance policy is intended for more catastrophic claims.
  • More traffic means higher claims - Residing in smaller towns and rural areas of the country can be a good thing when shopping for auto insurance. Fewer people means less chance of accidents. Residents of big cities have more auto accidents and much longer commute distances. More time on the road translates into higher accident risk.
  • Auto insurance policy lapses increase premiums - Driving with no insurance is illegal and auto insurance companies will penalize you for letting your insurance coverage expire. Not only will you pay higher rates, getting caught without coverage could result in a revoked license or a big fine. You may then have to prove you have insurance by filing a SR-22 with the Texas DMV.
  • Lower rates by increasing coverage deductibles - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, helps pay for damage to your vehicle. Examples of covered claims would be a windshield shattered by a rock, hail damage, and damage caused by flying debris. The deductibles you choose define how much the insured will be required to pay in the event of a claim. The larger the amount you choose to pay out-of-pocket, the lower your rates will be.
  • Insurance loss statistics a Chevy Equinox - Auto insurance companies include the past claim history for a vehicle to calculate a price that will offset any claims. Vehicles that the data shows to have increased claim numbers or amounts will cost more for specific coverages.

    The next table shows the compiled insurance loss statistics for Chevy Equinox vehicles. For each coverage type, the loss probability for all vehicles, as a total average, equals 100. Numbers under 100 indicate a favorable loss history, while numbers shown that are more than 100 point to more losses or larger claims.

    Insurance Loss Ratings for Chevrolet Equinox Vehicles
    Specific Chevrolet Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Chevrolet Equinox 4dr 2WD 82 86 74 101 104 93
    Chevrolet Equinox 4dr 4WD 84 88 85 89 93 81
    BETTER
    AVERAGE
    WORSE

    Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Discounts mean cheaper rates for Chevy Equinox insurance in Fort Worth

Car insurance companies don't list every available discount in an easy-to-find place, so the list below details some of the best known as well as the least known credits available to lower your premiums when you buy Fort Worth auto insurance online. If you are not receiving all the discounts you deserve, you could be paying more than you need to.Discount car insurance

  • More Vehicles More Savings - Buying a policy with several vehicles on one policy can reduce the rates for all insured vehicles.
  • Anti-lock Brake Discount - Cars and trucks that have anti-lock braking systems can avoid accidents so companies give up to a 10% discount.
  • Early Signing - A few car insurance companies allow discounts for switching companies early. This can save 10% or more.
  • Claim-Free Discount - Drivers who don't have accidents pay less in comparison to bad drivers.
  • Discounts for Responsible Drivers - Drivers without accidents can get discounts for up to 45% lower rates as compared to drivers with claims.

A little note about advertised discounts, some credits don't apply to the entire cost. Some only apply to the cost of specific coverages such as medical payments or collision. So even though it sounds like it's possible to get free car insurance, car insurance companies aren't that generous.

The diagram below shows the comparison of Chevy Equinox insurance costs with and without discounts applied to the premium. The rates are based on a male driver, no claims or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, claim-free, homeowner, multi-policy, and marriage discounts applied.

Larger car insurance companies and a summarized list of policyholder discounts are:

  • AAA discounts include education and occupation, multi-policy, good driver, anti-theft, pay-in-full, and good student.
  • Progressive offers discounts for online signing, online quote discount, multi-vehicle, good student, continuous coverage, and multi-policy.
  • State Farm offers discounts including anti-theft, defensive driving training, good student, passive restraint, safe vehicle, driver's education, and Drive Safe & Save.
  • Esurance has discounts for online quote, safety device, defensive driver, anti-theft, anti-lock brakes, and emergency road assistance.
  • Nationwide has savings for family plan, accident-free, Farm Bureau membership, multi-policy, and defensive driving.

If you want the cheapest Chevrolet Equinox rate quotes, ask each insurance company which discounts you qualify for. Some credits might not be available to policyholders in your area.

Local Fort Worth car insurance agents and insurance

A small number of people still like to talk to an insurance agent and there is nothing wrong with that. Professional agents can help you build your policy and help in the event of a claim. The best thing about comparing rates online is that drivers can save money and get the best rates and also buy local.

Find insurance agent in Fort WorthBy using this form (opens in new window), your insurance coverage information is transmitted to participating agents in Fort Worth who will gladly provide quotes for your insurance coverage. It's much easier because you don't need to leave your house because quoted prices will be sent straight to your inbox. If you wish to quote rates from a specific insurance company, don't hesitate to find their quoting web page to submit a rate quote request.

Picking the best insurer shouldn't rely on just the premium amount. Below are some questions you should ask.

  • Do you need full coverage on every vehicle?
  • Do they have designations such as AIC, CPCU, or CIC?
  • Are you getting all the discounts the company offers?
  • Do you have coverage for a rental car if your vehicle is in the repair shop?
  • Will the agent help in case of a claim?

Not all auto insurance agents are the same

If you want to use a good insurance agency, it helps to know the two different types of agencies that you can select. Insurance agencies can be categorized as either exclusive agents or independent agents. Either type can sell and service insurance coverage, but it's a good idea to understand the differences since it could factor into buying decisions.

Exclusive Insurance Agents

These type of agents generally can only insure with one company and some examples include State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to provide prices from multiple companies so they have no alternatives for high prices. Exclusive agents are usually well trained on the products they sell and that allows them to sell at a higher price point. A lot of people use the same agent primarily because of the prominent brand name and the convenience of having a single billing for all their coverages.

Shown below is a short list of exclusive insurance agencies in Fort Worth that can give you rate quotes.

View more Fort Worth agents

Independent Insurance Agents

Agents of this type are not employed by any specific company so they can quote policies through many companies and get the cheapest rates. If you are not satisfied with one company, they simply move the coverage in-house and you don't have to do anything. When shopping rates, we recommend you get several quotes from a few independent agents for the best price selection. They often place coverage with small mutual carriers who may have lower rates.

Shown below is a short list of independent agencies in Fort Worth that can give you price quote information.

View more Fort Worth agents

Once you have positive feedback to any questions you have as well as a affordable price, you have narrowed it down to an insurance agency that is a good match to service your policy.

Car insurance savings summarized

In this article, we covered many ideas to reduce Chevy Equinox insurance premium rates online in Fort Worth. The key concept to understand is the more times you quote, the better likelihood of getting affordable Fort Worth auto insurance quotes. You may even be surprised to find that the lowest premium rates come from the smaller companies.

When searching for affordable Chevrolet Equinox insurance quotes, make sure you don't skimp on critical coverages to save a buck or two. There have been many cases where someone dropped physical damage coverage and found out when filing a claim they didn't have enough coverage. The aim is to get the best coverage possible at a price you can afford but still have enough coverage for asset protection.

Insureds who switch companies do it for a number of reasons such as lack of trust in their agent, policy non-renewal, high prices and questionable increases in premium. Regardless of your reason for switching companies, switching companies is actually quite simple.

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