7 Best Methods to Reduce Chevy Equinox Insurance Expenses in Nevada

Tired of scraping the payment together each month for car insurance? You are in the same boat as the majority of other car owners in Nevada.

There are many auto insurance companies to purchase coverage from, and although it’s nice to be able to choose, it can be more challenging to compare rates and find the lowest cost car insurance.

Finding the best rates is not rocket science. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these techniques. Although Nevada vehicle owners benefit from understanding how big insurance companies sell insurance online.

How to Compare Car Insurance in Nevada

Most major insurance companies give prices for coverage directly from their websites. The process is fairly straightforward as you just enter the amount of coverage you want into a form. Behind the scenes, their system sends out for your driving record and credit report and returns a price quote based on many factors. This streamlines rate comparisons, but having to visit multiple sites and enter the same data into a form can be a bit tiresome and repetitive. But it’s absolutely necessary to compare as many rates as possible if you are searching for a better rate.

The smarter way to locate the lowest prices utilizes a single form that gets prices from a lot of companies. It saves time, eliminates repetitive work, and makes price shopping online much more efficient. After sending your information, your coverage is rated and you are able to buy your choice of the quote results. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. The entire process takes 15 minutes at the most and could lower your rates considerably.

To find out what other companies charge, click here to open in new window and enter your information. If you have a policy now, it’s recommended that you enter the coverages identical to your current policy. This helps ensure you will get a rate comparison using the same coverage and limits.

Do drivers who switch really save?

State Farm and Allstate constantly bombard you with ads on television and other media. All the companies have a common claim that you’ll save big if you switch to their company. How does each company make the same claim?

Different companies have a preferred profile for the type of customer that makes them money. For instance, a desirable insured could be between the ages of 30 and 50, a clean driving record, and drives less than 10,000 miles a year. A customer getting a price quote that hits that “sweet spot” receives the best rates and is almost guaranteed to cut their rates substantially.

Potential customers who don’t measure up to the “perfect” profile will be charged more money and this can result in the customer not buying. The ad wording is “people who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can confidently make the claims of big savings. That is why you absolutely need to compare many company’s rates. It is impossible to predict the company that will fit your personal profile best.

Lower rates by qualifying for these seven discounts

Companies that sell car insurance do not list every discount very clearly, so we researched both the well known and the harder-to-find ways to save on car insurance.

  • Bundle and Save – If you insure your home and vehicles with one company you will save at least 10% off all policies.
  • Federal Employees – Being employed by or retired from a federal job can save as much as 8% for Equinox insurance with select insurance companies.
  • Drivers Education – Require your teen driver to take driver’s ed class if offered at their school.
  • Lower Rates for Military – Having a deployed family member can result in better rates.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could save 15% on the medical payments or PIP coverage costs.
  • Organization Discounts – Being a member of a professional or civic organization is a good way to get lower rates on car insurance for Equinox insurance.
  • Life Insurance – Larger companies have lower rates if you buy auto and life insurance together.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, it doesn’t quite work that way.

For a list of insurers with discount car insurance rates in Nevada, click this link.Nevada auto insurance

Car insurance is unique, just like you

When buying adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Each situation is unique so your insurance needs to address that. For example, these questions might help in determining if you could use an agent’s help.

  • Do I need roadside assistance coverage?
  • How much liability do I need to cover my assets?
  • Does my policy pay for OEM or aftermarket parts?
  • What is the minimum liability in Nevada?
  • Do I need PIP coverage since I have good health insurance?
  • When would I need additional glass coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered if I wreck a rental car?
  • Can I afford low physical damage deductibles?
  • Do I pay less if my vehicle is kept in my garage?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Coverages available on your policy

Knowing the specifics of your car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverages found on most car insurance policies.

Coverage for collisions

This will pay to fix damage to your Equinox caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things like sustaining damage from a pot hole, damaging your car on a curb, backing into a parked car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Liability car insurance

Liability coverage protects you from damage that occurs to a person or their property. It protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like repair bills for other people’s vehicles, repair costs for stationary objects, pain and suffering, emergency aid and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford. Nevada requires minimum liability limits of 15,000/30,000/10,000 but you should consider buying more liability than the minimum.

UM/UIM Coverage

This provides protection when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Chevy Equinox.

Since many Nevada drivers carry very low liability coverage limits (15/30/10 in Nevada), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

cheapest Chevrolet Equinox insurance

Comprehensive coverage protects against claims like falling objects, damage from flooding and a broken windshield. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical costs insurance

Med pay and PIP coverage kick in for bills like dental work, pain medications and nursing services. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Affordable insurance is out there

When you buy insurance online, do not skimp on coverage in order to save money. In many instances, consumers will sacrifice liability limits or collision coverage only to discover later they didn’t purchase enough coverage. The proper strategy is to get the best coverage possible at the best price, not the least amount of coverage.

Budget-conscious Chevy Equinox insurance can be purchased on the web and also from your neighborhood Nevada agents, and you need to price shop both so you have a total pricing picture. Some insurance providers may not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

More tips and info about car insurance can be found at the Nevada Division of Insurance website. Visitors are able to file complaints about an insurance agent or broker, download brochures, get help finding coverage, and view agent and company licensing information.

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