Auto Insurance Rates for a Chevy Equinox in Oakland

Insurance for Chevy EquinoxIf you want to find the absolute lowest rates, then the best way to find discount Chevy Equinox insurance in Oakland is to compare quotes annually from insurers who provide car insurance in California.

The most important part of shopping around is that you use the same deductibles and limits on every quote request and and to get quotes from as many car insurance companies as possible. Doing this guarantees a fair price comparison and a complete price analysis.

Unthinkable but true, a large majority of drivers have stayed with the same insurance company for at least the last four years, and virtually 40% of consumers have never quoted rates to find cheaper coverage. American consumers could save 47% a year by just comparing rate quotes, but they just assume it takes a lot of time to shop their coverage around.

Lower Insurance Rates with These Tips

Multiple criteria are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious such as your driving history, but others are less apparent such as your credit history or your commute time. A large part of saving on auto insurance is knowing some of the elements that go into determining auto insurance rates. When you understand what controls the rates you pay, this enables informed choices that can help you get much lower annual insurance costs.

Shown below are just a few of the factors used by your company to calculate rates.

Chevy Equinox insurance charts and tables

The price information shown next showcases a range of insurance coverage prices for Chevy Equinox models. Having a good grasp of how rates are formulated can be useful when making smart choices when comparing insurance rates.

Chevrolet Equinox Insurance Rates in Oakland, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $326 $708 $500 $30 $150 $1,714 $143
Equinox LT 2WD $326 $708 $500 $30 $150 $1,714 $143
Equinox LS AWD $326 $708 $500 $30 $150 $1,714 $143
Equinox LT AWD $326 $708 $500 $30 $150 $1,714 $143
Equinox LTZ 2WD $370 $834 $500 $30 $150 $1,884 $157
Equinox LTZ AWD $370 $834 $500 $30 $150 $1,884 $157
Equinox LTZ AWD $370 $834 $500 $30 $150 $1,884 $157
Get Your Own Custom Quote Go

Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in specific Oakland garaging location which can decrease or increase price quotes noticeably.

How high should deductibles be?

The hardest decision when buying coverage is where should you set your physical damage deductibles. The tables below help summarize the differences in premium rates between high and low coverage deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second price table uses a $1,000 deductible.

Chevrolet Equinox insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $342 $576 $442 $26 $132 $1,543 $129
Equinox LT 2WD $342 $576 $442 $26 $132 $1,543 $129
Equinox LS AWD $342 $576 $442 $26 $132 $1,543 $129
Equinox LT AWD $342 $576 $442 $26 $132 $1,543 $129
Equinox LTZ 2WD $386 $678 $442 $26 $132 $1,689 $141
Equinox LTZ AWD $386 $678 $442 $26 $132 $1,689 $141
Equinox LTZ AWD $386 $678 $442 $26 $132 $1,689 $141
Get Your Own Custom Quote Go

Chevrolet Equinox insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Equinox LS 2WD $210 $362 $442 $26 $132 $1,172 $98
Equinox LT 2WD $210 $362 $442 $26 $132 $1,172 $98
Equinox LS AWD $210 $362 $442 $26 $132 $1,172 $98
Equinox LT AWD $210 $362 $442 $26 $132 $1,172 $98
Equinox LTZ 2WD $238 $426 $442 $26 $132 $1,264 $105
Equinox LTZ AWD $238 $426 $442 $26 $132 $1,264 $105
Equinox LTZ AWD $238 $426 $442 $26 $132 $1,264 $105
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Rates do not factor in the specific area where the vehicle is garaged which can increase or decrease rates greatly.

Based on the figures above, using a $250 deductible will cost in the ballpark of $33 more each month or $396 for a full year across all Chevrolet Equinox models than buying the higher $1,000 deductible. Since you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 23 months between claim filings, you would probably come out ahead if you elect the higher deductible. The table below illustrates the way you can perform this determination yourself.

Average monthly premium for $250 deductibles: $134
Average monthly premium for $1,000 deductibles (subtract): – $101
Monthly savings from raising deductible: $33
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $33
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

The diagram below demonstrates how deductibles and can change Chevy Equinox insurance prices for different ages of insureds. The information is based on a married female driver, comp and collision included, and no policy discounts are applied.

Full coverage versus liability only rates

The information below illustrates the difference between Chevy Equinox insurance rates with full physical damage coverage compared to only buying liability only. The rate quotes are based on no tickets, no at-fault accidents, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

Should you be buying full coverage?

There is no written rule of when to eliminate physical damage insurance, but there is a guideline you can use. If the annual cost of coverage is more than around 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Chevy Equinox replacement cost is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after paying your deductible. If it’s costing in excess of $200 a year for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

There are some circumstances where only buying liability is not a good idea. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not opt for liability only.

Save a ton on Chevy Equinox insurance in Oakland with these discounts

Companies do not advertise all discounts very well, so we took the time to find some of the more common as well as some of the hidden discounts you could be receiving when you buy Oakland auto insurance online. If you aren’t receiving every discount possible, you could be saving more on your car insurance.Discount car insurance

Drivers should understand that some of the credits will not apply to the entire policy premium. Some only apply to individual premiums such as collision or personal injury protection. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way.

The information below compares Chevy Equinox insurance costs with and without discounts applied. The price estimates are based on a female driver, a clean driving record, no claims, California state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, homeowner, multi-policy, safe-driver, and multi-car discounts applied.

A partial list of companies who may offer these discounts include:

If you need lower rates, check with all companies you are considering which discounts you qualify for. Savings may not be available in Oakland. If you would like to view providers that offer many of these discounts in Oakland, follow this link.

Persistent drivers can save

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. In many instances, an accident victim reduced full coverage only to find out they didn’t have enough coverage. Your focus should be to purchase a proper amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.

Consumers switch companies for a variety of reasons including poor customer service, lack of trust in their agent, high rates after DUI convictions and even unfair underwriting practices. No matter why you want to switch, choosing a new insurance company can be pretty painless.

Budget-friendly car insurance in Oakland can be found on the web and from local insurance agents, so get free Oakland auto insurance quotes from both of them in order to have the best chance of saving money. There are still a few companies who don’t offer the ability to get quotes online and most of the time these smaller companies sell through independent insurance agencies.

Additional detailed information is located in these articles: