Chevrolet Equinox EV Insurance Rates
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Michelle Robbins
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Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
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UPDATED: Mar 28, 2024
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The average insurance prices for a Chevrolet Equinox EV are $1,424 every 12 months for full coverage. Comprehensive costs an estimated $332, collision insurance costs $536, and liability is estimated at $398. A liability-only policy costs approximately $460 a year, and high-risk insurance costs around $3,064. Teenage drivers cost the most to insure at up to $5,232 a year.
Average premium for full coverage: $1,424
Policy rates broken down by type of insurance:
Rate estimates include $500 deductible amounts, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for all Equinox EV models.
Price Range Variability
For the average 40-year-old driver, Chevrolet Equinox EV insurance rates range from the cheapest price of $460 for just the minimum liability insurance to the much higher price of $3,064 for a driver required to buy high-risk insurance.
Urban vs. Rural Price Range
Living in a larger city can make a big difference on insurance rates. More rural locations are shown to have more infrequent accident claims than densely populated cities. The example below illustrates the difference location can make on insurance prices.
The examples above show why everyone should get quotes for a targeted area and their own driving history, instead of making a decision based on average rates.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Rate Analysis
The chart below shows average Chevrolet Equinox EV insurance rates for other coverage scenarios.
- The best discount rate is $824
- Choosing higher $1,000 deductibles can save approximately $198 a year
- The average price for a good driver age 40 who has $500 deductibles is $1,424
- Using pricier low deductibles for comp and collision coverage increases the price to $1,804
- Higher-risk drivers who are prone to accidents and violations could pay up to $3,064
- Policy cost to insure a 16-year-old driver for full coverage can cost as much as $5,232 each year
Car insurance rates for a Chevrolet Equinox EV also range considerably based on liability limits and deductibles, your driver profile, and the model year and trim level.
Using high physical damage deductibles can save as much as $580 annually, whereas buying more liability protection will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $358 extra every 12 months. View Rates by Deductible or Liability Limit
A more mature driver with no driving violations and higher deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged at least $5,200 a year. View Rates by Age
If you have a few points on your driving record or you were responsible for an accident, you could be paying $1,700 to $2,300 extra every year, depending on your age. Chevrolet Equinox EV insurance for high-risk drivers ranges from 44% to 133% more than a normal policy. View High Risk Driver Rates
Your home state plays a big part in determining prices for Chevrolet Equinox EV insurance prices. A good driver about age 40 could pay as low as $940 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,030 on average in New York, Louisiana, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,288 | -$136 | -9.6% |
| Alaska | $1,094 | -$330 | -23.2% |
| Arizona | $1,184 | -$240 | -16.9% |
| Arkansas | $1,424 | -$0 | 0.0% |
| California | $1,624 | $200 | 14.0% |
| Colorado | $1,360 | -$64 | -4.5% |
| Connecticut | $1,466 | $42 | 2.9% |
| Delaware | $1,614 | $190 | 13.3% |
| Florida | $1,782 | $358 | 25.1% |
| Georgia | $1,316 | -$108 | -7.6% |
| Hawaii | $1,024 | -$400 | -28.1% |
| Idaho | $964 | -$460 | -32.3% |
| Illinois | $1,064 | -$360 | -25.3% |
| Indiana | $1,072 | -$352 | -24.7% |
| Iowa | $962 | -$462 | -32.4% |
| Kansas | $1,356 | -$68 | -4.8% |
| Kentucky | $1,944 | $520 | 36.5% |
| Louisiana | $2,110 | $686 | 48.2% |
| Maine | $880 | -$544 | -38.2% |
| Maryland | $1,174 | -$250 | -17.6% |
| Massachusetts | $1,140 | -$284 | -19.9% |
| Michigan | $2,476 | $1,052 | 73.9% |
| Minnesota | $1,194 | -$230 | -16.2% |
| Mississippi | $1,708 | $284 | 19.9% |
| Missouri | $1,264 | -$160 | -11.2% |
| Montana | $1,530 | $106 | 7.4% |
| Nebraska | $1,124 | -$300 | -21.1% |
| Nevada | $1,710 | $286 | 20.1% |
| New Hampshire | $1,028 | -$396 | -27.8% |
| New Jersey | $1,594 | $170 | 11.9% |
| New Mexico | $1,264 | -$160 | -11.2% |
| New York | $1,502 | $78 | 5.5% |
| North Carolina | $820 | -$604 | -42.4% |
| North Dakota | $1,168 | -$256 | -18.0% |
| Ohio | $984 | -$440 | -30.9% |
| Oklahoma | $1,464 | $40 | 2.8% |
| Oregon | $1,306 | -$118 | -8.3% |
| Pennsylvania | $1,360 | -$64 | -4.5% |
| Rhode Island | $1,902 | $478 | 33.6% |
| South Carolina | $1,292 | -$132 | -9.3% |
| South Dakota | $1,202 | -$222 | -15.6% |
| Tennessee | $1,248 | -$176 | -12.4% |
| Texas | $1,718 | $294 | 20.6% |
| Utah | $1,056 | -$368 | -25.8% |
| Vermont | $974 | -$450 | -31.6% |
| Virginia | $852 | -$572 | -40.2% |
| Washington | $1,102 | -$322 | -22.6% |
| West Virginia | $1,306 | -$118 | -8.3% |
| Wisconsin | $988 | -$436 | -30.6% |
| Wyoming | $1,270 | -$154 | -10.8% |
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Chevrolet Equinox EV | $332 | $536 | $398 | $1,424 |
| 2023 Chevrolet Equinox EV | $320 | $524 | $416 | $1,418 |
Rates are averaged for all Chevrolet Equinox EV models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Shop for the Best Chevrolet Equinox EV Insurance
Finding cheaper rates on insurance for a Chevrolet Equinox EV takes having a good driving record, maintaining a good credit score, avoid buying unnecessary coverage, and possibly higher deductibles. Make time to compare rates at every policy renewal by getting rate quotes from direct carriers, and also from several local insurance agents.
The next list is a brief recap of the data touched on in this article.
- Insureds who want increased levels of liability coverage will pay an extra $440 each year to raise limits from a 30/60 limit to a 250/500 level
- Drivers can save approximately $170 per year just by quoting online well ahead of the renewal date
- Increasing comprehensive and collision deductibles could save as much as $575 each year
- Drivers age 20 and younger have the highest car insurance rates, costing up to $436 each month if the policy includes full coverage
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $5,232 |
| 20 | $3,260 |
| 30 | $1,490 |
| 40 | $1,424 |
| 50 | $1,300 |
| 60 | $1,274 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,804 |
| $250 | $1,630 |
| $500 | $1,424 |
| $1,000 | $1,226 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,424 |
| 50/100 | $1,504 |
| 100/300 | $1,603 |
| 250/500 | $1,862 |
| 100 CSL | $1,543 |
| 300 CSL | $1,762 |
| 500 CSL | $1,922 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $7,466 |
| 20 | $5,176 |
| 30 | $3,134 |
| 40 | $3,064 |
| 50 | $2,920 |
| 60 | $2,894 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $76 |
| Multi-vehicle | $73 |
| Homeowner | $21 |
| 5-yr Accident Free | $104 |
| 5-yr Claim Free | $91 |
| Paid in Full/EFT | $65 |
| Advance Quote | $69 |
| Online Quote | $101 |
| Total Discounts | $600 |
Discounts are estimated and may not be available from every company or in every state.
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