Cheapest Quotes for Chevy Equinox Insurance in Lincoln

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Discount Chevy Equinox insuranceThe preferred way to find lower priced Chevy Equinox insurance is to start comparing prices regularly from companies who provide auto insurance in Lincoln. Rates can be compared by following these guidelines.

First, get an understanding of what is in your policy and the steps you can take to lower rates. Many rating factors that cause high rates like accidents, traffic violations, and poor credit history can be eliminated by making minor driving habit or lifestyle changes.

Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from one company like Progressive or State Farm, while independent agencies can quote prices from multiple companies.

Third, compare the new quotes to your current policy to see if cheaper Equinox coverage is available. If you find a lower rate quote and switch companies, make sure coverage does not lapse between policies.

Fourth, provide notification to your current company of your decision to cancel your current auto insurance policy. Submit payment and a completed application to your new company or agent. When you receive it, store the certificate verifying proof of insurance with your vehicle's registration.

The most important part of shopping around is that you use similar coverage information on each quote and to quote with as many car insurance companies as possible. This enables the most accurate price comparison and maximum price selection.

It's an obvious assumption that insurance companies don't want you quoting rates from other companies. Drivers who get comparison quotes at least once a year are likely to switch companies because there is a significant possibility of finding coverage at a more affordable price. Surprisingly, a recent survey revealed that consumers who regularly shopped around saved on average $850 each year compared to other drivers who never shopped around for better prices.

If saving the most money on insurance is your target objective, then learning a little about how to quote and compare cheaper coverage can save money and time.

Most of the larger companies like Allstate and Progressive allow consumers to get insurance quotes on the web. Doing online price comparisons for Chevy Equinox insurance in Lincoln doesn't take much effort because you just enter your required coverages into the form. When the form is submitted, the system pulls your driving record and credit report and generates pricing information based on these factors. Quoting online for Chevy Equinox insurance in Lincoln makes it simple to compare prices and it's necessary to have as many quotes as possible if you want to get cheaper car insurance pricing.

To find out what other companies charge, compare rates from the companies below. If you have coverage now, it's recommended you replicate the limits and deductibles as close as possible to your current policy. Doing this guarantees you will receive a rate comparison based on the exact same insurance coverage.

The providers in the list below can provide comparison quotes in Nebraska. If your goal is to find cheap auto insurance in Lincoln, NE, we suggest you visit several of them to get a more complete price comparison.

Facts and figures for Chevy Equinox insurance

The table shown next showcases estimates of insurance prices for Chevy Equinox models. Having a good grasp of how insurance prices are formulated helps drivers make informed decisions.

Chevrolet Equinox Insurance Rates in Lincoln, NE
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $264 $390 $392 $24 $118 $1,188 $99
Equinox LT 2WD $264 $390 $392 $24 $118 $1,188 $99
Equinox LS AWD $264 $390 $392 $24 $118 $1,188 $99
Equinox LT AWD $264 $390 $392 $24 $118 $1,188 $99
Equinox LTZ 2WD $298 $460 $392 $24 $118 $1,292 $108
Equinox LTZ AWD $298 $460 $392 $24 $118 $1,292 $108
Equinox LTZ AWD $298 $460 $392 $24 $118 $1,292 $108
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Information does not factor in specific location which can increase or decrease premium rates considerably.

Policy deductibles

The hardest decision when buying coverage is how high should the physical damage deductibles be. The following insurance rates may help you to understand the rate differences between low and high coverage deductibles. The first rate comparisons uses a $100 physical damage deductible and the second data table uses a $500 deductible.

Chevrolet Equinox insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $258 $466 $300 $18 $90 $1,157 $96
Equinox LT 2WD $258 $466 $300 $18 $90 $1,157 $96
Equinox LS AWD $258 $466 $300 $18 $90 $1,157 $96
Equinox LT AWD $258 $466 $300 $18 $90 $1,157 $96
Equinox LTZ 2WD $292 $548 $300 $18 $90 $1,273 $106
Equinox LTZ AWD $292 $548 $300 $18 $90 $1,273 $106
Equinox LTZ AWD $292 $548 $300 $18 $90 $1,273 $106
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Chevrolet Equinox insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $188 $314 $300 $18 $90 $910 $76
Equinox LT 2WD $188 $314 $300 $18 $90 $910 $76
Equinox LS AWD $188 $314 $300 $18 $90 $910 $76
Equinox LT AWD $188 $314 $300 $18 $90 $910 $76
Equinox LTZ 2WD $212 $370 $300 $18 $90 $990 $83
Equinox LTZ AWD $212 $370 $300 $18 $90 $990 $83
Equinox LTZ AWD $212 $370 $300 $18 $90 $990 $83
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Information does not factor in your specific Lincoln location which can modify rates significantly.

We can derive from the above data that using a $100 deductible will cost you about $21 more each month or $252 for a full year than selecting the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 19 months between claim filings, you would save more money by selecting a higher deductible.

The information below illustrates how your deductible choice and can increase or decrease Chevy Equinox insurance rates for different age groups. The rates are based on a single female driver, comp and collision included, and no policy discounts are applied.

Choosing the best Equinox insurance in Nebraska is an important decision

Even though it's not necessarily cheap to insure a Chevy in Lincoln, paying for insurance is most likely required but also gives you several important benefits.

  • Almost all states have compulsory liability insurance requirements which means you are required to buy a minimum amount of liability insurance coverage if you drive a vehicle. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If you took out a loan on your Chevy, it's guaranteed your bank will make it a condition of the loan that you buy full coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the bank may insure your Chevy at a much higher rate and make you pay the higher price.
  • Insurance safeguards not only your car but also your financial 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 if anyone sues you for causing an accident. If you have damage to your Chevy as the result of the weather or an accident, comprehensive and/or collision insurance will pay to repair the damage.

The benefits of carrying enough insurance definitely exceed the price paid, particularly if you ever have a claim. The average driver in America overpays more than $830 a year so smart consumers compare quotes at every policy renewal to make sure the price is not too high.

Informed Drivers Save Money

Many things are part of the calculation when pricing auto insurance. Some are pretty understandable like your driving record, but others are not quite as obvious such as whether you are married or your commute time. One of the most helpful ways to save on auto insurance is to to have a grasp of the different types of things that go into determining the price you pay for auto insurance. If you understand what determines base rates, this allows you to make educated decisions that could help you find lower premium levels.

The list below includes some of the factors auto insurance companies consider when setting your prices.

  • Performance impacts insurance prices - The performance level of the car you are buying insurance for makes a big difference in your premium level. The lowest base rates are usually for small economy passenger cars, but the final cost of insurance is determined by many other factors.

    The data below is based on a married female driver age 50, full coverage with $250 deductibles, and no discounts or violations. The data compares Chevrolet Equinox insurance rates compared to other makes and models that have different performance rating factors.

  • Don't buy extra coverages you don't need - There are quite a few extra add-on coverages that can add up if you don't pay attention. Coverages for vanishing deductibles, towing coverage, and term life insurance are some examples. You may think they are a good idea when talking to your agent, but if they're wasting money eliminate the coverages to reduce your premium.
  • With age comes lower prices - Inexperience drivers are known to be less responsible when at the wheel of a vehicle and because of this, their auto insurance rates are much higher. If you've ever had to add a teenage driver onto a policy can break the bank. Older, more experienced drivers are shown to be more cautious, file fewer claims, and get fewer tickets.

    The following data is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.

  • Reserve insurance claims for larger damages - Auto insurance companies in Nebraska give lower rates to drivers who do not rely on their insurance for small claims. If you are the type of insured that files lots of claims you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is meant to be used in the event of more catastrophic claims.
  • Poor credit decisions can cost you - A driver's credit rating is a large factor in determining what you pay. Therefore, if your credit history leaves room for improvement, you could pay less to insure your Chevrolet Equinox if you clean up your credit. People with very high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit ratings.
  • Limits of liability insurance - The liability coverage on your policy provides coverage when you are ruled to be at fault for damages from an accident. Liability insurance provides for a legal defense starting from day one. Liability is cheap when compared to the cost of physical damage coverage, so do not cut corners here.
  • Get a ticket, pay higher prices - How you drive can have a huge impact on auto insurance premiums. Just one ticket can increase the cost of insurance by as much as twenty percent. Drivers with clean records tend to pay less for car insurance as compared to those with violations. Drivers who have license-revoking citations like DUI or reckless driving may find they need to submit a SR-22 form to the state department of motor vehicles in order to prevent a license revocation.

    The example below demonstrates how traffic citations and at-fault fender-benders can increase Chevy Equinox yearly insurance costs for different categories of driver ages. Data assumes a single female driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.

  • Chevy Equinox insurance claim data - Companies include the past claim trends for vehicles to help set a rate to offset losses. Vehicles that statistically have higher frequency or amount of claims will have increased rates. The table below outlines the loss history for Chevy Equinox vehicles.

    For each insurance policy coverage type, the claim amount for all vehicles, without regard to make or model, is considered to be 100. Values that are under 100 represent a good loss history, while numbers above 100 indicate a higher chance of having a claim or statistically larger losses.

    Auto Insurance Loss Data for Chevrolet Equinox Models
    Make and 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

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

Auto insurance policy discounts you can't miss

Some insurance providers do not list all their discounts very clearly, so the list below details some of the best known and the more hidden ways to save on auto insurance.Save money with discounts

  • Government Employees - Simply working for the federal government could qualify for a slight premium decrease with some auto insurance companies.
  • Drivers Education - Teen drivers should take driver's ed class in school or through a local driver safety program.
  • Discount for Life Insurance - If the company offers life insurance, you could get a small discount if you purchase some life insurance in addition to your auto policy.
  • Defensive Driver Discount - Taking a defensive driver class is a good idea and can lower rates depending on where you live.
  • Paper-free Discount - Some of the larger companies give back up to $50 just for signing your application on the internet.
  • College Student Discount - Youth drivers who attend college more than 100 miles from Lincoln without a vehicle on campus could get you a discount.
  • Seat Belt Usage - Using a seat belt and requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
  • ABS Brakes - Cars with ABS braking systems or traction control can stop better under adverse conditions and therefore earn up to a 10% discount.

Policy discounts save money, but most discounts do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as comprehensive or collision. Even though the math looks like you can get free auto insurance, you're out of luck.

The information below compares Chevy Equinox insurance costs with and without policy discounts. The premiums assume a female driver, no claims or driving violations, Nebraska state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, claim-free, multi-car, and marriage discounts applied.

To choose companies with discount rates in Nebraska, follow this link.

It's not one size fits all

When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a "perfect" insurance plan. Each situation is unique.Safe vehicles cost less to insure

For instance, these questions could help you determine whether your personal situation could use an agent's help.

  • Is upholstery damage covered by car insurance?
  • What exactly is covered by my policy?
  • Can I rate high risk drivers on liability-only vehicles?
  • Does every company file a SR-22 automatically?
  • What can I do if my company won't pay a claim?
  • Is my custom paint covered by insurance?
  • Does my policy pay for OEM or aftermarket parts?

If you're not sure about those questions but one or more may apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Comparing prices from local Lincoln insurance agencies

Some consumers would rather visit with an insurance agent and that is a smart decision A good thing about comparing rate quotes online is you may find the lowest rates and still have an agent to talk to.

Insurance agency in LincolnBy using this form (opens in new window), your insurance coverage information is submitted to local insurance agents in Lincoln who will gladly provide quotes and help you find cheaper coverage. You won't even need to contact any agents since rate quotes are delivered instantly to you. You'll get the best rates and an insurance agent to talk to. If for some reason you want to compare rates from a particular provider, feel free to go to their quote page and complete a quote there.

Picking the best insurance company shouldn't rely on just the premium amount. These are some questions your agent should answer.

  • Is the agency active in community causes in Lincoln?
  • Do they offer accident forgiveness?
  • Do the agents have professional certifications like CPCU or CIC?
  • Are they involved in claim handling?
  • What are their preferred companies if they are an independent agency?
  • Are there any discounts for paying up front?
  • Do they offer claims assistance after hours?
  • What discounts might you be missing?

If you're trying to find a reputable insurance agent or broker, you need to know there are two different types of agents and how they are slightly different. Agents can be classified as either exclusive agents or independent agents.

Exclusive Agents

Agents that elect to be exclusive generally can only insure with one company and some examples include State Farm, AAA, Farmers Insurance or Allstate. They generally cannot provide prices from multiple companies so they have to upsell other benefits. Exclusive agencies receive a lot of sales training on their company's products and that enables them to sell even at higher rates.

Below are Lincoln exclusive agencies willing to provide comparison quotes.

6900 O St #105 - Lincoln, NE 68510 - (402) 466-6300 - View Map

245 S 84th St #117 - Lincoln, NE 68510 - (402) 489-7799 - View Map

7501 O St #103 - Lincoln, NE 68510 - (402) 483-7578 - View Map

View more Lincoln agents

Independent Insurance Agents

Independent agents are appointed with more than one company so they have the ability to put coverage with a variety of different insurance companies and find the cheapest auto insurance rates. If your agent finds better pricing, the agent simply finds a different carrier which requires no work on your part. When comparing auto insurance rates, you will want to include rate quotes from a couple of independent agencies to get the most accurate price comparison.

Shown below are independent insurance agencies in Lincoln that are able to give price quotes.

8531 Lexington Ave #102a - Lincoln, NE 68505 - (402) 466-5655 - View Map

8231 Northwoods Dr # B - Lincoln, NE 68505 - (402) 476-2951 - View Map

1701 K St - Lincoln, NE 68508 - (402) 434-3990 - View Map

View more Lincoln agents

How to find a good Lincoln car insurance company

Choosing the highest-rated car insurance company can be a challenge considering how many choices drivers have in Lincoln. The company ratings in the lists below could help you choose which insurers to look at when shopping around.

Best Car Insurance Companies in Lincoln
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 99 100 90 92% A++ 97.4
21st Century 89 86 100 88% A 92.7
GEICO 97 91 88 85% A++ 92.5
Nationwide 88 94 91 88% A+ 91.3
AAA Insurance 93 87 88 87% A 90.8
Liberty Mutual 91 91 92 87% A 90.7
Safeco Insurance 90 93 88 86% A 90.2
State Farm 91 94 80 88% A++ 90.2
Travelers 89 91 94 79% A++ 90.1
American Family 88 92 83 88% A 89.4
Allstate 90 90 84 85% A+ 89.1
Progressive 83 85 99 87% A+ 88.7
The Hartford 87 89 84 87% A+ 88
Esurance 84 88 85 83% A+ 86
Farmers Insurance 79 88 84 87% A 84.7
The General 88 80 85 80% A- 84.5
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Data Source: Best Car Insurance Companies

Don't give up on cheap rates

As you shop your coverage around, never buy less coverage just to save a little money. In many cases, an accident victim reduced liability coverage limits and found out when filing a claim that it was a big error on their part. Your aim should be to find the BEST coverage at the best possible price while not skimping on critical coverages.

People who switch companies do it for a variety of reasons including not issuing a premium refund, questionable increases in premium, lack of trust in their agent and poor customer service. It doesn't matter why you want to switch finding a new auto insurance company is not as difficult as it may seem.

Throughout this article, we presented a lot of information how to compare Chevy Equinox insurance prices in Lincoln. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even be surprised to find that the most savings is with an unexpected company.

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