Chevrolet Bolt EV Insurance Rates

Estimated insurance prices for a Chevrolet Bolt EV are $1,340 every 12 months for full coverage. Comprehensive insurance costs on average $258 each year, collision insurance costs $464, and liability is estimated at $460. Liability-only coverage costs approximately $510 a year, and high-risk coverage costs $2,908 or more. Teen drivers pay the most at up to $5,128 a year.

Average premium for full coverage: $1,340

Premium estimates by type of coverage:

Includes $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all states and Bolt EV models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than larger metro areas. The graphic below illustrates how your location can change car insurance rates.

These rate differences show why all drivers should get quotes based on a specific location and their own driving history, instead of using price averages.

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

More Rate Information

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

• The lowest rate with discounts is $774
• Choosing higher $1,000 deductibles can save around $164 a year
• The average price for a 40-year-old good driver with $500 deductibles is $1,340
• Choosing low deductibles for comp and collision coverage costs an extra $318 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,908
• An auto insurance policy to insure a teen driver may cost $5,128 each year

View Chart as Image

Insurance prices for a Chevrolet Bolt EV also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the trim level of your Bolt EV.

Choosing high deductibles can save as much as $490 every year, whereas increasing liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost up to $414 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers can expect to pay upwards of $5,100 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,600 to $2,200 extra annually, depending on your age. Insurance for high-risk drivers ranges as much as 43% to 133% more than average. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Chevrolet Bolt EV insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Idaho, Maine, and Iowa, or as much as $1,910 on average in Michigan, Louisiana, and New York.

View Chart as Image

How to Shop for the Cheapest Chevrolet Bolt EV Insurance

Finding better rates on car insurance takes avoiding accidents and violations, having good credit, not filing small claims, and determing if full coverage is necessary. Invest the time to shop around at least every other year by getting rate quotes from direct carriers, and also from local independent and exclusive agents.

The list below is a recap of the car insurance concepts illustrated above.

• Higher risk drivers that have major violations or accidents pay an average of $1,570 more each year for car insurance
• Drivers can save as much as $160 per year just by quoting online in advance
• Increasing policy deductibles could save as much as $475 each year
• Policyholders who require higher liability limits will pay about $510 each year to raise limits from 30/60 bodily injury limits to a 250/500 level