Chevrolet Equinox EV Insurance Rates

Average insurance rates for a Chevrolet Equinox EV are $1,436 a year for full coverage insurance. Comprehensive costs an estimated $346 each year, collision insurance costs $542, and liability coverage costs $390. A liability-only policy costs as little as $452 a year, and high-risk insurance costs around $3,078. 16-year-old drivers receive the highest rates at up to $5,228 a year.

Average premium for full coverage: $1,436

Rate estimates broken down by individual coverage type:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and Equinox EV models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than congested cities. The graphic below illustrates how location impacts insurance prices.

These examples illustrate why all drivers should compare rates for a targeted area and risk profile, rather than using rate averages.

Use the form below to get customized rates for your location.

Additional Charts and Tables

The chart below illustrates average Chevrolet Equinox EV insurance rates for other coverage scenarios.

• The best full coverage rate is $832
• Drivers who choose higher $1,000 deductibles will pay approximately $204 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,436
• Buying low deductibles for comprehensive and collision insurance will increase the cost to $1,822
• High-risk insureds with multiple tickets or accidents could pay up to $3,078
• The cost for full coverage for a teenage driver can cost as much as $5,228 a year

View Chart as Image

Insurance rates for a Chevrolet Equinox EV can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

More mature drivers with a clean driving record and high deductibles may only pay around $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay at least $5,200 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Equinox EV insurance rates. A 40-year-old driver could pay as low as $940 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,940 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $590 a year, whereas increasing liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $351 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,700 to $2,300 extra per year, depending on your age. Insurance for high-risk drivers can cost around 44% to 133% more than the average rate. View High Risk Driver Rates

How to Find Low Cost Chevrolet Equinox EV Insurance

Saving money on auto insurance not only requires being a good driver, but also maintaining good credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Spend time shopping around at least once a year by requesting rates from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

The following list is a review of the primary concepts that were touched on above.

• It is possible to save approximately $170 per year just by quoting online in advance
• Drivers who have several accidents or serious violations pay on average $1,640 more annually than a safer driver
• Increasing deductibles can save around $600 each year
• Drivers age 16 to 20 are charged the highest rates, costing up to $436 per month for full coverage