Chevrolet Bolt Insurance Rates

The average insurance rates for a Chevrolet Bolt are $1,218 a year for full coverage insurance. Comprehensive costs around $232 a year, collision insurance costs $368, and liability insurance costs $460. A liability-only policy costs as little as $510 a year, and high-risk insurance costs around $2,632. Teenage drivers cost the most to insure at up to $4,716 a year.

Average premium for full coverage: $1,218

Policy rates for type of insurance:

Rates are based on $500 policy deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and Bolt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance rates. Areas with sparse population are shown to have lower incidents of physical damage claims than densely populated cities. The diagram below illustrates how your location can change auto insurance rates.

The examples above illustrate why it is important to compare rates for a specific zip code, rather than relying on average rates.

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

Rate Comparisons

The chart below illustrates average Chevrolet Bolt insurance rates for additional coverage choices and driver risks.

• The best discount rate is $717
• Drivers who choose higher $1,000 deductibles will pay about $1,082 each year
• The estimated price for a good driver age 40 using $500 deductibles is $1,218
• Using low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,482
• High risk drivers who are prone to accidents and violations could pay at least $2,632
• Policy cost that insures a teen driver can be $4,716 a year

View Chart as Image

Car insurance rates for a Chevrolet Bolt also range considerably based on the trim level of your Bolt, your age and driving record, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you are probably paying at least $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can cost anywhere from 42% to 128% more than a normal policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged as much as $4,700 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Bolt insurance rates. A 40-year-old driver could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,650 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $400 each year, while buying higher liability limits will increase rates. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find the Best Cheap Chevrolet Bolt Insurance

Finding cheaper rates on Chevrolet Bolt insurance not only requires being a good driver, but also having a positive credit history, being claim-free, and consideration of higher deductibles. Compare prices at least once a year by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The following list is a quick review of the primary concepts that were illustrated above.

• It is possible to save up to $140 per year just by quoting early and online
• High-risk drivers with a DUI or reckless driving violation could be forced to pay on average $1,410 more every year than a safer driver
• Increasing comprehensive and collision deductibles can save approximately $400 each year
• Drivers age 16 to 20 are the costliest to insure, possibly costing $393 each month if full coverage is purchased