Chevrolet Bolt EV Insurance Rates

U.S. average insurance rates for a Chevrolet Bolt EV are $1,340 a year with full coverage. Comprehensive insurance costs on average $258 each year, collision insurance costs $464, and liability is $460. Buying just liability costs around $510 a year, and insurance for high-risk drivers costs $2,908 or more. 16-year-old drivers pay the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Price estimates by individual coverage:

Price estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and Bolt EV models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on auto insurance rates. Rural areas have a lower frequency of collision claims than congested cities. The graphic below illustrates how geographic area affects car insurance rates.

The ranges above demonstrate why all drivers should compare rates quotes based on a specific location and risk profile, instead of using rate averages.

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

Additional Charts and Tables

The chart below details average Chevrolet Bolt EV insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $774
• Raising to $1,000 deductibles will save around $164 annually
• The average rate for the average middle-age driver with $500 deductibles is $1,340
• Buying low deductibles will cost an extra $318 every year
• At-risk drivers with multiple tickets or accidents could pay upwards of $2,908
• The price for full coverage for a teen driver may cost $5,128

View Chart as Image

Insurance prices for a Chevrolet Bolt EV are also quite variable based on your driving record, the trim level and model year, and policy deductibles and limits.

More mature drivers with no violations or accidents 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 should be prepared to pay upwards of $5,100 a year. View Rates by Age

The state you live in also has a big influence on Chevrolet Bolt EV insurance prices. A middle-age driver might find prices as low as $970 a year in states like New Hampshire, Ohio, and Utah, or at least $1,810 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $490 every year, whereas increasing liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out at a minimum $1,600 to $2,200 additional each year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 133% more than the average rate. View High Risk Driver Rates

How to Find Cheaper Chevrolet Bolt EV Insurance

Getting lower rates on car insurance consists of being safe and accident-free, having a good credit history, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Invest the time to compare rates at every other renewal by quoting rates from direct companies like Progressive and GEICO, and also from local insurance agents.

Below you'll find a condensed summary of the concepts that were presented in the illustrations above.

• Higher risk drivers with multiple at-fault accidents may be required to pay an average of $1,570 more each year than a low-risk driver
• Youthful drivers pay higher prices, costing up to $427 a month including comprehensive and collision insurance
• You may be able to save as much as $160 per year just by quoting online in advance
• Increasing physical damage deductibles can save around $475 each year
• You may be able to save as much as $160 per year just by quoting online in advance