Chevrolet Bolt Insurance Rates

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Tonya Sisler has been a technical insurance writer for over five years. She uses her extensive insurance and finance knowledge to write informative articles that answer readers' top questions. Her mission is to provide readers with timely, accurate information that allows them to determine their insurance needs and choose the best coverage. Tonya currently leads a team of 10 insurance copywrite...

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UPDATED: Jun 6, 2023

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Estimated insurance rates for a Chevrolet Bolt are $1,434 a year including full coverage. Comprehensive insurance costs on average $308 each year, collision insurance costs $552, and liability is $416. A policy with only liability insurance costs around $474 a year, and a high-risk policy costs $3,106 or more. Teenage drivers pay the most at up to $5,342 a year.

Average premium for full coverage: $1,434

Premium estimates by type of coverage:

Comprehensive $308
Collision $552
Liability $416

Price estimates include $500 policy deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Bolt models.

Insurance Price Range by Risk and Coverage

For an average driver, insurance rates for a Chevrolet Bolt range from as low as $474 for just liability coverage to a high rate of $3,106 for a high-risk insurance policy.

Liability Only $474
Full Coverage $1,434
High Risk $3,106

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural areas are statistically proven to have a lower frequency of comprehensive and collision claims than densely populated cities. The graphic below illustrates the effect of geographic area on car insurance rates.

Rural Areas $1,076
Small Cities $1,506
Large Cities $1,936

These rate differences highlight why all drivers should compare rates quotes based on a specific location and risk profile, instead of using average rates.

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.

Detailed Rate Analysis

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

  • The best discount rate is $823
  • Raising to $1,000 deductibles will save around $194 every year
  • The average rate for a 40-year-old good driver with $500 deductibles is $1,434
  • Using low deductibles will cost an extra $380 every year
  • At-risk drivers who are prone to accidents and violations could pay upwards of $3,106
  • An auto insurance policy for full coverage for a teen driver may cost $5,342

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing Chevrolet Bolt insurance prices range from $823 to $5,342 for full coverage

Car insurance prices for a Chevrolet Bolt also have a wide range based on your driving characteristics, the model of your Bolt, and policy deductibles and limits.

More mature drivers with no driving violations and high deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will be charged upwards of $5,300 a year. View Rates by Age

Where you choose to live also has a big influence on Chevrolet Bolt insurance prices. A middle-age driver might find prices as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,050 on average in Michigan, New York, and Louisiana.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,298 -$136 -9.5%
Alaska $1,102 -$332 -23.2%
Arizona $1,192 -$242 -16.9%
Arkansas $1,434 -$0 0.0%
California $1,636 $202 14.1%
Colorado $1,372 -$62 -4.3%
Connecticut $1,476 $42 2.9%
Delaware $1,624 $190 13.2%
Florida $1,796 $362 25.2%
Georgia $1,324 -$110 -7.7%
Hawaii $1,030 -$404 -28.2%
Idaho $970 -$464 -32.4%
Illinois $1,070 -$364 -25.4%
Indiana $1,080 -$354 -24.7%
Iowa $970 -$464 -32.4%
Kansas $1,364 -$70 -4.9%
Kentucky $1,958 $524 36.5%
Louisiana $2,124 $690 48.1%
Maine $884 -$550 -38.4%
Maryland $1,184 -$250 -17.4%
Massachusetts $1,148 -$286 -19.9%
Michigan $2,494 $1,060 73.9%
Minnesota $1,200 -$234 -16.3%
Mississippi $1,720 $286 19.9%
Missouri $1,274 -$160 -11.2%
Montana $1,544 $110 7.7%
Nebraska $1,132 -$302 -21.1%
Nevada $1,720 $286 19.9%
New Hampshire $1,034 -$400 -27.9%
New Jersey $1,604 $170 11.9%
New Mexico $1,272 -$162 -11.3%
New York $1,512 $78 5.4%
North Carolina $828 -$606 -42.3%
North Dakota $1,174 -$260 -18.1%
Ohio $992 -$442 -30.8%
Oklahoma $1,472 $38 2.6%
Oregon $1,314 -$120 -8.4%
Pennsylvania $1,368 -$66 -4.6%
Rhode Island $1,914 $480 33.5%
South Carolina $1,300 -$134 -9.3%
South Dakota $1,212 -$222 -15.5%
Tennessee $1,258 -$176 -12.3%
Texas $1,732 $298 20.8%
Utah $1,062 -$372 -25.9%
Vermont $982 -$452 -31.5%
Virginia $860 -$574 -40.0%
Washington $1,110 -$324 -22.6%
West Virginia $1,314 -$120 -8.4%
Wisconsin $994 -$440 -30.7%
Wyoming $1,278 -$156 -10.9%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Using high physical damage deductibles can reduce prices by up to $580 every year, whereas increasing liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying at a minimum $1,700 to $2,300 extra annually, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 132% more than a normal policy. View High Risk Driver Rates

Chevrolet Bolt Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Chevrolet Bolt $308 $552 $416 $1,434
2017 Chevrolet Bolt $270 $474 $452 $1,354

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 Cheaper Chevrolet Bolt Insurance

Finding better rates on car insurance consists of being safe and accident-free, having above-average credit, refrain from filing small claims, and possibly raising deductibles. Take the time to compare rates at least every other year by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below you'll find a condensed summary of the car insurance concepts covered in the above illustrations.

  • Higher risk drivers with multiple at-fault accidents may pay on average $1,670 more each year than a low-risk driver
  • You may be able to save as much as $170 per year just by quoting online in advance
  • Increasing policy deductibles can save around $575 each year
  • Policyholders who require more liability protection will pay an extra $460 per year to raise from 30/60 bodily injury limits to 250/500 limits

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $5,342
20 $3,310
30 $1,496
40 $1,434
50 $1,310
60 $1,284

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,814
$250 $1,640
$500 $1,434
$1,000 $1,240

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,434
50/100 $1,517
100/300 $1,621
250/500 $1,892
100 CSL $1,559
300 CSL $1,788
500 CSL $1,954

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt Insurance Rates for High Risk Drivers
Age Premium
16 $7,624
20 $5,270
30 $3,176
40 $3,106
50 $2,964
60 $2,936

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.

SR-22 Surcharge $200

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $77
Multi-vehicle $75
Homeowner $21
5-yr Accident Free $106
5-yr Claim Free $93
Paid in Full/EFT $66
Advance Quote $71
Online Quote $102
Total Discounts $611
Rate after discounts $823

Discounts are estimated and may not be available from every company or in every state.

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