Chevrolet Bolt EV Insurance Rates

Average insurance prices for a Chevrolet Bolt EV are $1,340 every 12 months with full coverage. Comprehensive insurance costs on average $258 a year, collision insurance costs $464, and liability insurance is estimated at $460. A liability-only policy costs approximately $510 a year, and high-risk insurance costs $2,908 or more. Teenage drivers receive the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Rate estimates by individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Rates are averaged for all U.S. states and Bolt EV trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on auto insurance rates. Rural areas tend to have more infrequent collision claims than densely populated cities. The diagram below illustrates how location helps determine car insurance rates.

These examples demonstrate why it is important to get quotes based on a specific location and their own driving history, rather than relying on average rates.

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

More Rate Information

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

• The best discount rate is $774
• Choosing higher $1,000 deductibles can save around $1,176 annually
• The average price for a 40-year-old driver with $500 deductibles is $1,340
• Using low $100 deductibles for comp and collision coverage costs an extra $318 a year
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,908
• The cost to insure a teen driver may cost $5,128 each year

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Insurance rates for a Chevrolet Bolt EV can also vary considerably based on policy deductibles and limits, your driving record, and the trim level of your Bolt EV.

Using high physical damage deductibles can save as much as $490 each year, while buying higher liability limits will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $414 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles could pay as little as $1,300 annually on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay upwards of $5,100 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out at a minimum $1,600 to $2,200 extra per year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 133% more than a normal policy. View High Risk Driver Rates

Where you live plays a big part in determining prices for Chevrolet Bolt EV insurance rates. A good driver about age 40 could pay as low as $970 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,810 on average in Florida, Michigan, and New York.

View Chart as Image

How to Shop for the Best Cheap Chevrolet Bolt EV Insurance

Saving money on Chevrolet Bolt EV insurance takes avoiding accidents and violations, having good credit, eliminating unnecessary coverage, and determing if full coverage is necessary. Invest time comparing rates every year by getting price quotes from direct companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The list below is a quick review of the coverage data covered in the charts and tables above.

• You may be able to save as much as $160 per year just by quoting early and online
• Increasing deductibles could save as much as $475 each year
• Teenagers pay the highest rates, with premiums as much as $427 per month if they have full coverage
• High-risk drivers with a DUI or reckless driving violation may pay on average $1,570 more each year for car insurance