Chevrolet Bolt Insurance Rates

Average insurance rates for a Chevrolet Bolt are $1,266 a year for full coverage insurance. Comprehensive costs on average $248, collision insurance costs $400, and liability coverage is $460. A liability-only policy costs around $510 a year, and high-risk insurance costs around $2,736. Teenage drivers receive the highest rates at up to $4,866 a year.

Average premium for full coverage: $1,266

Rate estimates by individual coverage type:

These estimates include $500 policy deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and for different Bolt trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. Rural areas tend to have a lower frequency of physical damage claims than densely populated cities. The price range example below illustrates the effect of geographic area on car insurance rates.

These examples illustrate why anyone shopping for car insurance should compare rates quotes based on a specific location and risk profile, rather than using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $743
• Raising to $1,000 deductibles will save around $146 each year
• The average rate for a 40-year-old driver with $500 deductibles is $1,266
• Using more expensive low deductibles will increase the cost to $1,550
• Unlucky drivers who are prone to accidents and violations could pay upwards of $2,736
• The cost for full coverage for a teenage driver with full coverage may cost $4,866

View Chart as Image

Insurance rates for a Chevrolet Bolt can also vary considerably based on your driver profile, the model year and trim level, and policy deductibles and limits.

An older driver with a clean driving record and high deductibles may only pay around $1,200 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay upwards of $4,800 a year. View Rates by Age

Where you live also has a big influence on Chevrolet Bolt insurance rates. A middle-age driver might find rates as low as $830 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,710 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $430 a year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost as much as $414 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at a minimum $1,500 to $2,100 extra per year, depending on your age. High-risk driver insurance is expensive and can cost around 43% to 132% more than a normal policy. View High Risk Driver Rates

How to Find Cheap Chevrolet Bolt Insurance

Saving money on auto insurance consists of avoiding accidents and claims, maintaining good credit, avoid buying unnecessary coverage, and determing if full coverage is necessary. Take the time to compare rates at least every other year by quoting rates from direct insurance companies like GEICO and Progressive, and also from local independent and exclusive agents.

The points below are a brief summary of the car insurance concepts covered in the above illustrations.

• Drivers that tend to have accidents or serious violations pay an average of $1,470 more each year to insure a Chevrolet Bolt
• It is possible to save as much as $150 per year just by shopping early and online
• Increasing deductibles can save around $425 each year
• Consumers who require increased liability limits will pay an extra $510 annually to raise from a minimum limit to 250/500 limits