Chevrolet Bolt Insurance Rates

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Tonya Sisler

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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...

Insurance Content Team Lead

UPDATED: Jun 6, 2023

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The average insurance rates for a Chevrolet Bolt are $1,416 a year for full coverage. Comprehensive insurance costs an estimated $298, collision costs $530, and liability is estimated at $430. A liability-only policy costs approximately $486 a year, with high-risk insurance costing $3,062 or more. Teenage drivers cost the most to insure at $5,298 a year or more.

Average premium for full coverage: $1,416

Policy rates broken down by type of insurance:

Comprehensive $298
Collision $530
Liability $430

Rate estimates include $500 physical damage insurance deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all states and for all Bolt models.

Price Range Variability

Using a middle-aged driver as an example, Chevrolet Bolt insurance rates go from as low as $486 for a discount liability-only rate to the much higher price of $3,062 for a high-risk insurance policy.

Liability Only $486
Full Coverage $1,416
High Risk $3,062

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. More rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The example below illustrates how where you live affects insurance prices.

Rural Areas $1,062
Small Cities $1,487
Large Cities $1,912

The examples above show why everyone should get quotes for a targeted area 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.

Rates by State, City, and Model

The chart below shows estimated Chevrolet Bolt insurance rates for other coverage scenarios.

  • The best discount rate is $815
  • Choosing higher $1,000 deductibles can save approximately $188 a year
  • The average rate for a good driver age 40 who has $500 deductibles is $1,416
  • Using pricier low deductibles for comp and collision coverage will cost an extra $364 every year
  • Unlucky drivers who are prone to accidents and violations could pay up to $3,062 or more
  • Policy cost for full coverage for a teen driver for full coverage can cost as much as $5,298 each year

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt insurance prices range from $815 to $5,298

Car insurance rates for a Chevrolet Bolt also range considerably based on your risk profile, the trim level of your Bolt, and liability limits and deductibles.

A more mature driver with no driving violations and high deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged at least $5,200 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Bolt insurance prices. A good driver about age 40 could pay as low as $930 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,020 on average in New York, Louisiana, and Michigan.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,278 -$138 -9.7%
Alaska $1,086 -$330 -23.3%
Arizona $1,174 -$242 -17.1%
Arkansas $1,416 -$0 0.0%
California $1,614 $198 14.0%
Colorado $1,352 -$64 -4.5%
Connecticut $1,456 $40 2.8%
Delaware $1,602 $186 13.1%
Florida $1,770 $354 25.0%
Georgia $1,306 -$110 -7.8%
Hawaii $1,016 -$400 -28.2%
Idaho $956 -$460 -32.5%
Illinois $1,054 -$362 -25.6%
Indiana $1,066 -$350 -24.7%
Iowa $954 -$462 -32.6%
Kansas $1,344 -$72 -5.1%
Kentucky $1,930 $514 36.3%
Louisiana $2,094 $678 47.9%
Maine $872 -$544 -38.4%
Maryland $1,166 -$250 -17.7%
Massachusetts $1,134 -$282 -19.9%
Michigan $2,458 $1,042 73.6%
Minnesota $1,186 -$230 -16.2%
Mississippi $1,694 $278 19.6%
Missouri $1,256 -$160 -11.3%
Montana $1,522 $106 7.5%
Nebraska $1,116 -$300 -21.2%
Nevada $1,694 $278 19.6%
New Hampshire $1,020 -$396 -28.0%
New Jersey $1,582 $166 11.7%
New Mexico $1,254 -$162 -11.4%
New York $1,492 $76 5.4%
North Carolina $816 -$600 -42.4%
North Dakota $1,160 -$256 -18.1%
Ohio $978 -$438 -30.9%
Oklahoma $1,454 $38 2.7%
Oregon $1,296 -$120 -8.5%
Pennsylvania $1,350 -$66 -4.7%
Rhode Island $1,886 $470 33.2%
South Carolina $1,282 -$134 -9.5%
South Dakota $1,194 -$222 -15.7%
Tennessee $1,240 -$176 -12.4%
Texas $1,706 $290 20.5%
Utah $1,048 -$368 -26.0%
Vermont $970 -$446 -31.5%
Virginia $848 -$568 -40.1%
Washington $1,094 -$322 -22.7%
West Virginia $1,296 -$120 -8.5%
Wisconsin $980 -$436 -30.8%
Wyoming $1,260 -$156 -11.0%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Using high physical damage deductibles can save as much as $560 every year, whereas buying more liability protection will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $387 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,700 to $2,300 extra every year, depending on your age. Chevrolet Bolt insurance for high-risk drivers ranges as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to regularly compare rates and see which company has the best rate. Each auto insurer uses a different method to calculate rates, so rate quotes will be varied from one company to the next.

Chevrolet Bolt Insurance Rates by Model Year
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 Best Chevrolet Bolt Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Take the time to comparison shop at least every other year by getting rate quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The items below are a brief recap of the car insurance concepts touched on in the above illustrations.

  • Higher risk drivers who tend to receive serious violations pay an average of $1,650 more annually to insure their Bolt
  • Drivers can save approximately $170 per year simply by quoting online well ahead of the renewal date
  • Increasing comprehensive and collision deductibles can save around $550 each year
  • Policyholders who want more liability coverage will pay an extra $470 each year to raise limits from a 30/60 limit to 250/500 limits

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $5,298
20 $3,264
30 $1,474
40 $1,416
50 $1,294
60 $1,268

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,780
$250 $1,610
$500 $1,416
$1,000 $1,228

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,416
50/100 $1,502
100/300 $1,610
250/500 $1,889
100 CSL $1,545
300 CSL $1,782
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 $7,558
20 $5,196
30 $3,126
40 $3,062
50 $2,924
60 $2,898

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 $198

Potential Rate Discounts

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

Discount Savings
Multi-policy $75
Multi-vehicle $74
Homeowner $21
5-yr Accident Free $104
5-yr Claim Free $92
Paid in Full/EFT $64
Advance Quote $70
Online Quote $101
Total Discounts $601
Rate after discounts $815

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

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