Chevrolet Bolt Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
UPDATED: Jun 6, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Estimated insurance rates for a Chevrolet Bolt are $1,320 a year for full coverage insurance. Comprehensive insurance costs around $260 a year, collision costs $446, and liability insurance costs $456. Liability-only insurance costs as little as $508 a year, with high-risk driver insurance costing $2,858 or more. Teen drivers pay the most at $5,040 a year or more.
Average premium for full coverage: $1,320
Premium estimates for type of coverage:
Includes $500 deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 states and Bolt trim levels.
Insurance Price Range by Risk and Coverage
For a driver around age 40, insurance rates for a Chevrolet Bolt go from as low as $508 for basic liability insurance to a high of $2,858 for a driver who has had serious violations or accidents.
Insurance Price Range by Location
Your location has a significant impact on car insurance rates. Areas with sparse population are statistically proven to have a lower frequency of physical damage claims than larger metro areas.
The diagram below illustrates the difference between rural and urban areas on auto insurance rates.
These rate differences illustrate why it is important to compare rates for a specific zip code and risk profile, rather than relying on price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Rate Comparisons
The chart below illustrates estimated Chevrolet Bolt insurance rates for additional coverage choices and driver risks.
- The lowest rate with discounts is $767
- Drivers who choose higher $1,000 deductibles will pay about $1,160 each year
- The average rate for a 40-year-old good driver using $500 deductibles is $1,320
- Choosing low $100 deductibles for comprehensive and collision insurance will cost an extra $312 a year
- High risk drivers with multiple violations and an at-fault accident could pay at least $2,858 or more
- An auto insurance policy for full coverage for a teen driver can be $5,040 a year
Insurance prices for a Chevrolet Bolt also have a wide range based on your driving characteristics, the model year and trim level, and deductibles and policy limits.
Older drivers with no violations or accidents and high deductibles could pay as little as $1,200 per year on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay as much as $5,000 a year. View Rates by Age
Where you choose to live makes a big difference in Chevrolet Bolt insurance rates. A 40-year-old driver could pay as low as $870 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,780 on average in Michigan, New York, and Florida.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,194 | -$126 | -9.5% |
| Alaska | $1,014 | -$306 | -23.2% |
| Arizona | $1,096 | -$224 | -17.0% |
| Arkansas | $1,320 | -$0 | 0.0% |
| California | $1,506 | $186 | 14.1% |
| Colorado | $1,262 | -$58 | -4.4% |
| Connecticut | $1,356 | $36 | 2.7% |
| Delaware | $1,496 | $176 | 13.3% |
| Florida | $1,652 | $332 | 25.2% |
| Georgia | $1,218 | -$102 | -7.7% |
| Hawaii | $948 | -$372 | -28.2% |
| Idaho | $892 | -$428 | -32.4% |
| Illinois | $984 | -$336 | -25.5% |
| Indiana | $994 | -$326 | -24.7% |
| Iowa | $892 | -$428 | -32.4% |
| Kansas | $1,254 | -$66 | -5.0% |
| Kentucky | $1,802 | $482 | 36.5% |
| Louisiana | $1,954 | $634 | 48.0% |
| Maine | $816 | -$504 | -38.2% |
| Maryland | $1,088 | -$232 | -17.6% |
| Massachusetts | $1,056 | -$264 | -20.0% |
| Michigan | $2,296 | $976 | 73.9% |
| Minnesota | $1,106 | -$214 | -16.2% |
| Mississippi | $1,582 | $262 | 19.8% |
| Missouri | $1,170 | -$150 | -11.4% |
| Montana | $1,420 | $100 | 7.6% |
| Nebraska | $1,040 | -$280 | -21.2% |
| Nevada | $1,584 | $264 | 20.0% |
| New Hampshire | $952 | -$368 | -27.9% |
| New Jersey | $1,476 | $156 | 11.8% |
| New Mexico | $1,170 | -$150 | -11.4% |
| New York | $1,392 | $72 | 5.5% |
| North Carolina | $762 | -$558 | -42.3% |
| North Dakota | $1,080 | -$240 | -18.2% |
| Ohio | $912 | -$408 | -30.9% |
| Oklahoma | $1,356 | $36 | 2.7% |
| Oregon | $1,210 | -$110 | -8.3% |
| Pennsylvania | $1,260 | -$60 | -4.5% |
| Rhode Island | $1,762 | $442 | 33.5% |
| South Carolina | $1,196 | -$124 | -9.4% |
| South Dakota | $1,114 | -$206 | -15.6% |
| Tennessee | $1,156 | -$164 | -12.4% |
| Texas | $1,590 | $270 | 20.5% |
| Utah | $978 | -$342 | -25.9% |
| Vermont | $906 | -$414 | -31.4% |
| Virginia | $792 | -$528 | -40.0% |
| Washington | $1,020 | -$300 | -22.7% |
| West Virginia | $1,210 | -$110 | -8.3% |
| Wisconsin | $916 | -$404 | -30.6% |
| Wyoming | $1,178 | -$142 | -10.8% |
Choosing high deductibles could save up to $480 each year, while buying higher liability limits will increase prices. Switching from a 50/100 limit to a 250/500 limit will cost up to $411 more each year. View Rates by Deductible or Liability Limit
If you have a few violations or tend to cause accidents, you are probably paying at least $1,600 to $2,200 additional annually, depending on your age. A high-risk auto insurance policy can cost anywhere from 44% to 135% more than average. View High Risk Driver Rates
With such a large range in prices, the only way to figure out your exact price is to get quotes from as many companies as possible. Every company uses a different rate calculation, and prices will be substantially different from one company to the next.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2020 Chevrolet Bolt | $298 | $530 | $430 | $1,416 |
| 2017 Chevrolet Bolt | $260 | $446 | $456 | $1,320 |
Rates are averaged for all Chevrolet Bolt models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find the Cheapest Chevrolet Bolt Insurance
Finding better rates on Chevrolet Bolt insurance not only requires not taking risks behind the wheel, but also having a good credit history, paying for small claims out-of-pocket, and taking advantage of discounts. Set aside time to compare rates every other policy renewal by quoting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.
The following is a recap of the ideas that were covered above.
- Teens are charged the highest prices, with premiums being up to $420 per month including comprehensive and collision insurance
- High-risk drivers that have major violations or accidents may pay on average $1,540 more every year for Bolt insurance
- Increasing policy deductibles can save around $475 each year
- It is possible to save up to $160 per year simply by quoting early and online
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $5,040 |
| 20 | $3,044 |
| 30 | $1,368 |
| 40 | $1,320 |
| 50 | $1,206 |
| 60 | $1,184 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,632 |
| $250 | $1,488 |
| $500 | $1,320 |
| $1,000 | $1,160 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,320 |
| 50/100 | $1,411 |
| 100/300 | $1,525 |
| 250/500 | $1,822 |
| 100 CSL | $1,457 |
| 300 CSL | $1,708 |
| 500 CSL | $1,890 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $7,172 |
| 20 | $4,850 |
| 30 | $2,908 |
| 40 | $2,858 |
| 50 | $2,732 |
| 60 | $2,708 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $70 |
| Multi-vehicle | $70 |
| Homeowner | $21 |
| 5-yr Accident Free | $93 |
| 5-yr Claim Free | $85 |
| Paid in Full/EFT | $57 |
| Advance Quote | $64 |
| Online Quote | $93 |
| Total Discounts | $553 |
Discounts are estimated and may not be available from every company or in every state.
Compare Rates and Save
Find companies with the cheapest rates in your area
Secured with SHA-256 Encryption
