Want to save money and find low-cost Chevy Equinox insurance in Columbia? Finding cheap Columbia Chevy Equinox insurance quotes on the web can appear to be somewhat intimidating for vehicle owners who are beginners to quoting and shopping for insurance over the internet. With such a big selection of agents and companies, how can Columbia drivers even start to compare them all to find lower insurance premiums?
It's astonishing, but the vast majority of consumers have remained with the same insurance company for at least the last four years, and practically 40% of insurance customers have never compared quotes from other companies. Many consumers in South Carolina could save themselves almost 55% a year, but they don't know the amount of savings they would get if they changed companies.
It's a great practice to do rate comparisons at least once a year because prices are variable and change quite frequently. Despite the fact that you may have had the best deal on Chevy Equinox insurance in Columbia two years ago you can probably find a better premium rate now. Forget all the misinformation about insurance because you're about to learn the quickest way to properly buy coverages and cut your premium.
Our goal in writing this article tell you the most effective ways to compare rates and also save some money in the process If you're already insured, you should be able to buy cheaper auto insurance using the ideas you're about to read. But South Carolina drivers do need to know the way companies price online insurance because rates are impacted by many factors.
You may qualify for discounts for Chevy Equinox insurance in Columbia
Some providers do not list all their discounts in an easy-to-find place, so we researched a few of the more common and the harder-to-find credits available to bring down your rates.
- Lower Rates for Military - Being on active deployment in the military could qualify you for better rates.
- Professional Memberships - Being in specific professional or occupational memberships or organizations could trigger savings on your next renewal.
- Telematics Data Discounts - Columbia drivers who agree to allow companies to monitor their driving habits by using a telematics device in their vehicle like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if their driving habits are good.
- Safety Course Discount - Participating in a defensive driving class could cut 5% off your bill if you qualify.
- Student Discount for Driver Training - Cut your cost by having your teen driver successfully take a driver's education course in school or through a local driver safety program.
Don't be shocked that some credits don't apply to the entire policy premium. Most only cut the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like you could get a free insurance policy, companies wouldn't make money that way.
A partial list of companies that may offer quotes with many of the previously listed discounts are:
If you need lower rates, check with every prospective company to give you their best rates. Some of the discounts discussed earlier might not be available to policyholders in every state. To see insurers with discount insurance rates in South Carolina, follow this link.
Just remember that comparing all the rates in your area increases the chance that you will find better pricing.
The companies shown below are our best choices to provide price comparisons in Columbia, SC. If multiple providers are shown, we recommend you visit as many as you can in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Equinox LS 2WD||$140||$288||$386||$22||$116||$952||$79|
|Equinox LT 2WD||$252||$520||$358||$22||$108||$1,260||$105|
|Equinox LS AWD||$244||$358||$448||$26||$134||$1,210||$101|
|Equinox LT AWD||$326||$652||$460||$28||$138||$1,604||$134|
|Equinox LTZ 2WD||$144||$280||$328||$20||$98||$870||$73|
|Equinox LTZ AWD||$292||$602||$412||$24||$124||$1,454||$121|
|Equinox LTZ AWD||$158||$322||$386||$22||$116||$1,004||$84|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rates do not factor in zip code location which can change auto insurance rates greatly.
Full coverage rates compared to liability-only
The diagram below examines Chevrolet Equinox insurance prices with full coverage and liability only. The rate quotes are based on no claims, a clean driving record, $250 deductibles, married female driver, and no other discounts are factored in.
When to drop comprehensive and collision coverage
There is no clear-cut formula of when to stop paying for full coverage, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
For example, let's pretend your Chevrolet Equinox replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company would pay you is $3,000 after paying your policy deductible. If you are paying more than $300 a year for physical damage coverage, then it might be time to consider dropping full coverage.
There are a few situations where dropping full coverage is not advised. If you haven't paid off your loan, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should maintain full coverage.
Insurance quotes from local Columbia insurance agents
Some consumers just want to sit down and talk to an agent and that can be a great decision One of the benefits of comparing insurance online is the fact that you can find the best rates but still work with a licensed agent. Putting coverage with local agents is still important in Columbia.
After completing this quick form, the quote information is transmitted to participating agents in Columbia that give free quotes for your insurance coverage. You never need to contact any agents because quoted prices will be sent to your email. You can find lower rates without having to waste a lot of time. If you have a need to compare rates from a particular provider, don't hesitate to find their quoting web page and submit a quote form there.
If you need to find a reliable insurance agency, you should know the different types of agencies from which to choose. Agencies in Columbia can either be independent agents or exclusive agents depending on their employer.
Independent agencies are normally appointed by many insurers so they can write business with a variety of different insurance companies and possibly get better coverage at lower prices. If your agent finds better pricing, an independent agent can move your coverage and that require little work on your part.
When shopping rates, it's a good idea to include rate quotes from several independent insurance agents for the best price selection. Most also write with small mutual carriers which may provide better rates.
The following are independent agencies in Columbia that may be able to give free price quotes.
- Turbeville Insurance Agency
2718 Middleburg Dr - Columbia, SC 29204 - (803) 779-7666 - View Map
- David M Gilston Insurance Agency
455 St Andrews Rd # A2 - Columbia, SC 29210 - (803) 772-3122 - View Map
- Smoak Insurance Agency, Inc.
1534 Leesburg Rd - Columbia, SC 29209 - (803) 254-4323 - View Map
Exclusive Insurance Agents
Agents of this type can only quote rates from one company such as AAA, Allstate, and State Farm. Exclusive agents are unable to compare rates from other companies so they really need to provide good service. Exclusive insurance agents are well schooled in insurance sales which helps overcome the inability to quote other rates. Consumers frequently buy from exclusive agents partially due to loyalty to the company rather than low price.
Shown below are Columbia exclusive insurance agents that can give you price quote information.
- Marilyn Wilson - State Farm Insurance Agent
10201 Two Notch Rd - Columbia, SC 29229 - (803) 788-2884 - View Map
- Gregory Nicholas - State Farm Insurance Agent
8006 E Garners Ferry Rd - Columbia, SC 29209 - (803) 695-7070 - View Map
- Allstate Insurance: Trevor Wright
1945 Decker Blvd Ste 13 - Columbia, SC 29206 - (803) 661-6690 - View Map
Finding the right auto insurance agent should depend on more than just the bottom line cost. The following questions are important to ask.
- Do they get extra compensation for selling add-on coverages?
- If independent agents, which companies do they recommend?
- Are they able to influence company decisions when a claim is filed?
- How long has their agency been in business in Columbia?
- Does the company use OEM repair parts?
- Can they provide you with a list of referrals?
- What are the financial ratings for the companies they represent?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
Once you have good answers and an acceptable price quote, it's possible that you found an insurance agent that can be trusted to service your policy.
Insuring your Chevy Equinox just makes sense
Even though Columbia Equinox insurance rates can get expensive, maintaining insurance is required in South Carolina but it also protects you in many ways.
First, the majority of states have minimum liability requirements which means the state requires specific minimum amounts of liability insurance in order to license the vehicle. In South Carolina 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.
Second, if your Equinox has a loan, almost all lenders will make it a condition of the loan that you have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Chevy at a more expensive rate and make you pay for it.
Third, car insurance protects both your Chevy and your assets. It will also provide coverage for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay to defend you if anyone sues you for causing an accident. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of carrying adequate insurance are definitely more than the cost, especially for larger claims. On average, a vehicle owner in Columbia is currently overpaying as much as $800 each year so you should quote your policy with other companies at least once a year to save money.
Car insurance coverages for a Chevy Equinox
Understanding the coverages of a car insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring.
This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle's occupants and damage to your Chevy Equinox.
Since many South Carolina drivers only purchase the least amount of liability that is required (25/50/25), it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.
Auto collision coverage
This covers damage to your Equinox from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like colliding with another moving vehicle, rolling your car and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to increase the deductible on your Equinox to bring the cost down.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like pain medications, nursing services and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Liability insurance will cover damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn't cover your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.
Liability can pay for things such as loss of income, pain and suffering and court costs. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible. South Carolina requires drivers to carry at least 25/50/25 but drivers should carry better liability coverage.
Comprehensive or Other Than Collision
This coverage pays for 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 coverage protects against things like theft, a tree branch falling on your vehicle, hail damage, hitting a deer and damage from getting keyed. The highest amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.
Cheaper car insurance prices are available
When searching for low cost Columbia auto insurance quotes, never sacrifice coverage to reduce premiums. There have been many cases where consumers will sacrifice liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to find the BEST coverage at the best cost while still protecting your assets.
People leave their current company for a number of reasons such as extreme rates for teen drivers, policy non-renewal, denial of a claim or even questionable increases in premium. No matter why you want to switch, choosing a new company is not as difficult as it may seem.
You just read many ways to save on Chevy Equinox insurance in Columbia. The most important thing to understand is the more you quote Columbia auto insurance, the higher your chance of finding the cheapest Chevrolet Equinox rate quotes. Consumers could even find that the best price on car insurance is with a company that doesn't do a lot of advertising.
Much more information about car insurance in South Carolina can be read below:
- Insuring a Leased Car (Insurance Information Institute)
- Who Has Cheap Auto Insurance Quotes After a Speeding Ticket in South Carolina? (FAQ)
- Who Has Cheap South Carolina Auto Insurance for a Toyota Corolla? (FAQ)
- Which Company has the Cheapest Car Insurance in Greenwood, SC? (FAQ)
- What Car Insurance is Cheapest for Handicapped Drivers in South Carolina? (FAQ)
- What Insurance is Cheapest for a Jeep Wrangler in South Carolina? (FAQ)
- Who Has the Cheapest Car Insurance Rates for 16 Year Olds in South Carolina? (FAQ)
- Who Has Affordable South Carolina Auto Insurance for 18 Year Olds? (FAQ)
- Choosing an Insurance Company (Insurance Information Institute)
- Understanding Rental Car Insurance (Insurance Information Institute)