Do you want to learn how to find more competitive Chevy Equinox insurance in Fort Collins? Wish you could get a refund on high-priced Chevy Equinox insurance in Fort Collins? Trust us when we tell you many consumers are feeling buyer's remorse and feel like there's no way out.
It's astonishing, but 70% of consumers kept their policy with the same company for four years or more, and practically 40% of insurance customers have never compared rates with other companies. Most drivers in the U.S. could save up to 46.5% a year by just comparing quotes, but they don't invest the time required to compare rate quotes online.
Numerous auto insurance companies battle to insure your vehicles, and because of this it can be hard to compare auto insurance companies and get the definite best price available on Chevy Equinox insurance in Fort Collins.
You need to shop coverage around once or twice a year because insurance prices are rarely the same from one policy term to another. Even if you think you had the best price on Chevy Equinox insurance in Fort Collins a year ago there may be better deals available now. Forget anything you know (or think you know) about insurance because I'm going to let you in on the secrets to the tricks you need to know to get good coverage on Chevy Equinox insurance in Fort Collins at a lower rate.
If you already have coverage, you should be able to cut your premiums using the ideas you're about to read. Choosing the best rates in Fort Collins can be much easier if you know how to start. Although Colorado consumers must know the way insurance companies price insurance differently because it varies considerably.
Compare quotes for Fort Collins Chevy Equinox insurance
Just remember that getting more free quotes increases the chance that you will find the best rates. Some companies don't provide online price quotes, so it's necessary to compare price estimates from those companies as well.
The companies shown below have been selected to offer free quotes in Fort Collins, CO. If multiple companies are shown, we suggest you get rates from several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$130||$238||$330||$20||$98||$816||$68|
|Equinox LT 2WD||$336||$672||$474||$28||$142||$1,652||$138|
|Equinox LS AWD||$260||$536||$396||$24||$118||$1,334||$111|
|Equinox LT AWD||$162||$282||$358||$22||$108||$932||$78|
|Equinox LTZ 2WD||$162||$350||$396||$24||$118||$1,050||$88|
|Equinox LTZ AWD||$238||$458||$338||$20||$100||$1,154||$96|
|Equinox LTZ AWD||$294||$662||$396||$24||$118||$1,494||$125|
|Get Your Own Custom Quote Go|
Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Estimates do not factor in specific garaging location which can change coverage prices significantly.
Full coverage versus liability only rates
The diagram below illustrates the difference between Chevrolet Equinox annual premium costs with and without full coverage. The premiums are based on no violations or claims, $500 deductibles, married female driver, and no discounts are taken into consideration.
When to buy liability coverage only
There is no written rule for excluding physical damage coverage, but there is a general school of thought. If the annual cost of having full coverage is 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.
For example, let's pretend your Chevrolet Equinox replacement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $4,000 after paying the physical damage deductible. If premiums are more than $400 a year to have full coverage, then it might be time to buy liability only.
There are some circumstances where dropping physical damage coverage is not recommended. If you haven't paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Policy deductible comparison
The information below demonstrates how deductible levels and can raise or lower Chevrolet Equinox insurance prices for each different age category. The rates are based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Cheaper Fort Collins car insurance quotes with discounts
Auto insurance companies do not advertise the entire discount list very clearly, so the list below details both the well known as well as some of the hidden credits available to lower your premiums when you buy Fort Collins auto insurance online.
- Safety Restraint Discount - Buckling up and requiring all passengers to buckle up can save a little off the personal injury premium cost.
- Auto/Home Discount - When you have multiple policies with one insurance company you could save over 10 percent off each policy depending on the company.
- College Student Discount - College-age children who attend college more than 100 miles from Fort Collins and don't have a car may qualify for this discount.
- Student Driver Training - Require your teen driver to enroll and complete driver's education in high school.
- Passive Restraints - Options like air bags may get savings of more than 20%.
- Clubs and Organizations - Participating in qualifying employment or professional organizations could trigger savings on your next renewal.
- Renewal Discounts - Some companies give discounts for switching policies before your current Equinox insurance policy expires. It could save around 10% when you buy Fort Collins auto insurance online.
- Military Deployment Discount - Being deployed in the military could mean lower car insurance rates.
A little disclaimer on discounts, some credits don't apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think all those discounts means the company will pay you, you're out of luck. Any qualifying discounts should help reduce the cost of your policy.
The best car insurance companies and some of the discounts can be found below.
- State Farm has discounts for good driver, good student, Drive Safe & Save, anti-theft, multiple autos, multiple policy, and defensive driving training.
- GEICO has savings for anti-theft, daytime running lights, multi-vehicle, good student, and five-year accident-free.
- Allstate discounts include resident student, safe driver, new car, premier discount, anti-theft, and defensive driver.
- SAFECO may include discounts for anti-theft, anti-lock brakes, bundle discounts, safe driver, accident prevention training, multi-car, and teen safe driver.
- Farm Bureau offers discounts including multi-policy, renewal discount, driver training, safe driver, multi-vehicle, 55 and retired, and youthful driver.
- Progressive includes discounts for online quote discount, multi-vehicle, homeowner, continuous coverage, multi-policy, and good student.
- AAA may offer discounts for AAA membership discount, multi-policy, multi-car, good driver, anti-theft, and good student.
Double check with all the companies which credits you are entitled to. Some of the discounts discussed earlier may not apply in your state. To find insurance companies that have a full spectrum of discounts in Fort Collins, follow this link.
Compare prices but buy from a local Fort Collins insurance agency
A lot of people just prefer to sit down and talk to an agent and doing so can bring peace of mind An additional benefit of comparing car insurance online is the fact that you can find cheaper rates and still buy from a local agent. Buying from and supporting local insurance agents is definitely important in Fort Collins.
By using this form (opens in new window), your coverage information gets sent to insurance agents in Fort Collins who will give you bids for your insurance coverage. You won't even need to leave your computer since rate quotes are delivered directly to you. It's the lowest rates and an insurance agent to talk to. In the event you want to quote rates from a specific insurance company, just find their quoting web page and fill out the quote form the provide.
When researching a local insurance agency, you should know the different agency structures that you can select. Car insurance agencies can either be exclusive or independent agents depending on their company appointments.
Independent Car Insurance Agencies
Agents in the independent channel do not work for one specific company so they have the ability to put coverage through lots of different companies depending on which coverage is best. If prices rise, they simply move your policy to a different company which requires no work on your part. When comparing rate quotes, it's recommended you get some free quotes from several independent insurance agents to have the best price comparison.
Featured below is a list of independent insurance agents in Fort Collins who may provide free price quotes.
Exclusive Insurance Agents
These type of agents are contracted to one company such as Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot shop your coverage around so they really need to provide good service. Exclusive insurance agents are very knowledgeable on sales techniques which helps overcome the inability to quote other rates.
Listed below is a short list of exclusive insurance agencies in Fort Collins that are able to give comparison quotes.
Selecting an insurance agency requires you to look at more than just a low price. These are some valid questions you should ask.
- Will you work with the agent or an assistant?
- What company do they have the most business with?
- Is coverage determined by price?
- Are they involved in claim handling?
- Do the coverages you're quoting properly cover your vehicle?
- Do they have any clout with companies to ensure a fair claim settlement?
If you feel you receive satisfactory answers to your questions as well as cheap Equinox insurance quotes, you may have found an insurance agency that will insure your vehicles. Just be aware that you can always terminate your policy whenever you choose to so never feel that you are obligated to a specific company with no way to switch.
Car insurance is unique, just like you
When quoting and comparing the right insurance coverage, there is no cookie cutter policy. Your needs are unique to you and your policy should reflect that. Here are some questions about coverages that can help discover whether you will benefit from professional help.
- What companies insure drivers after a DUI or DWI?
- Should I buy only the required Colorado minimum liability coverage?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Can my teen drive my company car?
- Am I getting all the discounts available?
- Am I covered if hit by an uninsured driver?
- Is my dog or cat covered if injured in an accident?
- Is business equipment covered while in my vehicle?
- Am I covered when driving in Canada or Mexico?
If you can't answer these questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier
Car insurance policy specifics
Learning about specific coverages of car insurance aids in choosing appropriate coverage and the correct deductibles and limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording. These are typical coverages available from car insurance companies.
Coverage for uninsured or underinsured drivers
This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle's damage.
Because many people only purchase the least amount of liability that is required (25/50/15 in Colorado), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.
Comprehensive car insurance
Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims such as damage from getting keyed, hail damage, theft, fire damage and falling objects. The most you'll receive from a claim is the market value of your vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.
Coverage for collisions
This coverage covers damage to your Equinox caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision insurance covers things like colliding with a tree, colliding with another moving vehicle, scraping a guard rail and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible on your Equinox to get cheaper collision coverage.
Coverage for medical expenses
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as rehabilitation expenses, doctor visits and ambulance fees. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers you and your occupants as well as being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible
This can cover damage that occurs to other's property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/15 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $15,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage protects against things like structural damage, court costs, pain and suffering and bail bonds. The amount of liability coverage you purchase is up to you, but it's cheap coverage so purchase higher limits if possible. Colorado state minimum liability requirements are 25/50/15 but you should think about purchasing more coverage.
One last thing about your coverage
The cheapest Chevy Equinox insurance in Fort Collins is attainable online as well as from independent agents in Fort Collins, so get free Fort Collins auto insurance quotes from both of them in order to have the best price selection to choose from. Some companies may not offer online rate quotes and usually these small insurance companies prefer to sell through independent agents.
While you're price shopping online, do not skimp on coverage in order to save money. Too many times, consumers will sacrifice liability coverage limits only to regret they didn't have enough coverage. The aim is to find the BEST coverage at the best price but still have enough coverage for asset protection.
We've covered a lot of ways to get a better price on Chevy Equinox insurance in Fort Collins. The key concept to understand is the more rate quotes you have, the better likelihood of getting low cost Fort Collins auto insurance quotes. You may even find the lowest priced insurance comes from a smaller regional carrier. Smaller companies may often insure only within specific states and give getter rates than their larger competitors like Progressive and GEICO.
Helpful learning opportunities
- Rental Car Insurance Tips (Insurance Information Institute)
- What Auto Insurance is Cheapest in Pueblo, Colorado? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Jeep Wrangler in Colorado? (FAQ)
- What Car Insurance is Cheapest for Drivers Over Age 70 in Colorado? (FAQ)
- Booster Seat Ratings (iihs.org)
- Five Mistakes to Avoid (Insurance Information Institute)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Parking Tips to Reduce Door Dings (State Farm)