Chevrolet Equinox EV Insurance Rates

U.S. average insurance rates for a Chevrolet Equinox EV are $1,424 a year for full coverage. Comprehensive insurance costs approximately $332 each year, collision insurance costs $536, and liability is $398. A policy with just liability insurance costs around $460 a year, and coverage for high-risk drivers costs $3,064 or more. 16-year-old drivers pay the highest rates at up to $5,232 a year.

Average premium for full coverage: $1,424

Price estimates by individual coverage:

These estimates include $500 physical damage deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all states and Equinox EV models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations have a lower frequency of accident claims than congested cities. The graphic below illustrates how location helps determine auto insurance prices.

The ranges above show why all drivers should compare rates quotes using their specific location and risk profile, instead of using rate averages.

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

Rates by State, City, and Model

The chart below shows average Chevrolet Equinox EV insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $824
• Raising to $1,000 deductibles will save $198 a year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,424
• Buying low deductibles will cost an extra $380 every year
• At-risk drivers with multiple tickets or accidents could pay around $3,064
• The price for full coverage for a teen driver can cost $5,232

View Chart as Image

Insurance prices for a Chevrolet Equinox EV are also quite variable based on your driving record, the trim level of your Equinox EV, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high deductibles may pay as little as $1,300 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay in the ballpark of $5,200 a year. View Rates by Age

The state you live in also has a big influence on Chevrolet Equinox EV insurance prices. A middle-age driver might find prices as low as $940 a year in states like Iowa, Maine, and Idaho, or at least $2,030 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $580 every year, whereas increasing liability limits will push prices upward. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $358 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying anywhere from $1,700 to $2,300 extra each year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 44% to 133% more than the average rate. View High Risk Driver Rates

How to Find Cheap Chevrolet Equinox EV Insurance

Getting lower rates on car insurance consists of being a safe and courteous driver, maintaining good credit, eliminating unnecessary coverage, and possibly raising deductibles. Invest time comparing rates every couple of years by getting quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

Below is a brief summary of the material that was covered in the charts and tables above.

• Policyholders who purchase higher levels of liability will pay around $440 each year to raise from a low limit to 250/500 limits
• Teenage drivers are expensive to insure, with premiums as much as $436 a month for full coverage
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,640 more per year for auto insurance
• Increasing physical damage deductibles can save around $575 each year