Who Has Cheap Insurance for a Chevrolet Equinox in Maryland?

Your chances of finding the best cheap car insurance for a Chevrolet Equinox in Maryland hinges on a complex rating formula that takes into consideration things like if you are a renter or homeowner, your address, and any prior driving offenses you have. Maryland drivers will pay on average $1,120 per year to insure a Chevrolet Equinox, but that amount is an estimate using rating data for a 30-year-old married male who requires full comprehensive and collision coverage and $500 policy deductibles.

The issue with using an average estimated rate is the likelihood you are not a 30-year-old male, single instead of married, and there is a good chance that there are other drivers on your policy. What seems to be a minor change in the factors used in pricing a policy can lead to a big change in the price of coverage.

There is no “one size fits all” policy, so the most reliable way to find cheap car insurance rates for your Chevrolet is to make a habit of comparing prices at least once a year. Price quotes are quick and you will get price quotes from the best auto insurance companies that sell coverage in Maryland.

Compare Rates and Save

The trim level of your vehicle impacts the cost of insurance, so the price to insure a Equinox LS 2WD will cost $108 less than the insurance cost for the more costly Equinox LTZ AWD version, as shown in the chart below.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate information does not factor in Maryland location which can alter prices significantly.

Maryland auto insurance company ratings

Ending up with the highest-rated company can be challenging considering how many companies there are to choose from in Maryland. The information displayed below can help you analyze which coverage providers to look at when trying to find the cheapest insurance for a Chevrolet Equinox. These ratings are only made up of companies that write coverage in many states, so companies that focus mainly on Maryland business are not included in this list.

Get discounts on Maryland car insurance

Insurance providers that sell cheap insurance for a Chevrolet Equinox in Maryland may also give you premium discounts that can lower rates by as much as 30% if you meet eligibility requirements. A few popular companies and their offered discounts are:

The information below visualizes the comparison of insurance prices with and without discounts applied to the rates. The price estimates are based on a female driver, no accidents, no driving violations, Maryland state minimum liability limits, comp and collision included, and $1,000 deductibles.

The first bar for each age group shows the price with no discounts. The second bar shows the rates with defensive driving course, claim-free, vehicle safety, marriage, passive restraint, and multiple vehicle discounts applied. When these discounts are applied to the policy premium, the the average yearly reduction on auto insurance for a Chevrolet Equinox is 31% or $434.

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Safe drivers pay less for auto insurance

The easiest way to maintain low auto insurance prices for an Equinox is to drive safe and not receive tickets or have accidents. The diagram below illustrates how traffic citations and accident claims can increase annual premium costs for different insured age categories. The data is based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 4719,5065,6047],[‘Age 30’, 2441,2789,3767],[‘Age 40’, 2421,2769,3751],[‘Age 50’, 2201,2547,3527],[‘Age 60’, 2125,2473,3453],[‘Age 70’, 2577,2925,3905]]);var options = {title: ‘Accidents, Violations, and Maryland Chevrolet Equinox Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Equinox in Maryland’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data in the chart shows the average cost of a car insurance policy in Maryland per year with a clean driving record and no accidents is $2,747. Receive one speeding ticket and the average cost swells to $3,095, an increase of $347 each year. Then add one accident along with the one speeding ticket and the yearly cost of auto insurance for a Chevrolet Equinox increases to an average of $4,075. That’s an increase of $1,328, or $111 per month, just for not driving attentively!