Chevrolet Bolt EV Insurance Rates

U.S. average insurance rates for a Chevrolet Bolt EV are $1,340 a year including full coverage. Comprehensive insurance costs on average $258, collision insurance costs $464, and liability insurance costs $460. Liability-only coverage costs as little as $510 a year, and high-risk coverage costs $2,908 or more. Teenage drivers pay the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Price estimates by individual coverage:

Prices are based on $500 policy deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 U.S. states and for all Bolt EV models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on car insurance rates. Rural areas have a lower frequency of comprehensive and collision claims than densely populated cities. The example below illustrates how location impacts car insurance rates.

The ranges above highlight why everyone should compare rates based on a specific location and risk profile, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $774
• Drivers who choose higher $1,000 deductibles will pay around $164 every year
• The average rate for the average middle-age driver with $500 deductibles is $1,340
• Using pricier low deductibles for comprehensive and collision insurance will cost an extra $318 a year
• High risk drivers who are prone to accidents and violations could pay upwards of $2,908
• The price for full coverage for a teen driver for full coverage may cost $5,128 a year

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Auto insurance prices for a Chevrolet Bolt EV are also quite variable based on your driving record, the model of your Bolt EV, and policy deductibles and limits.

A more mature driver with a good driving record and high deductibles could pay as little as $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay upwards of $5,100 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Bolt EV insurance rates. A 40-year-old driver could pay as low as $1,030 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,910 on average in Michigan, New York, and Louisiana.

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Using high physical damage deductibles could save up to $490 each year, whereas buying more liability protection will cost you more. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying at a minimum $1,600 to $2,200 in extra premium each year, depending on your age. Chevrolet Bolt EV insurance for high-risk drivers can cost anywhere from 43% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Affordable Chevrolet Bolt EV Insurance

Getting lower rates on Chevrolet Bolt EV insurance not only requires being a good driver, but also having good credit, being claim-free, and deciding if full coverage is necessary. Spend time shopping around every year by obtaining price quotes from direct car insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The following list is a brief review of the coverage data touched on above.

• You may be able to save as much as $160 per year just by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save around $475 each year
• Drivers age 16 to 20 are charged the highest prices, possibly costing $427 a month if they have full coverage
• High-risk drivers with DUI or reckless driving convictions may pay on average $1,570 more each year than a safer driver