Chevrolet Bolt Insurance Rates

Average insurance rates for a Chevrolet Bolt are $1,218 a year including full coverage. Comprehensive costs an estimated $232 a year, collision insurance costs $368, and liability coverage is $460. Buying just liability costs around $510 a year, and insurance for high-risk drivers costs around $2,632. Teenage drivers receive the highest rates at up to $4,716 a year.

Average premium for full coverage: $1,218

Rate estimates broken down by individual coverage type:

Rate estimates include $500 physical damage deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 U.S. states and 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 the price of auto insurance. More rural locations tend to have a lower frequency of comprehensive and collision claims than densely populated cities. The diagram below illustrates how location helps determine insurance prices.

These examples highlight why it is important to compare rates quotes for a targeted area and risk profile, rather than using average rates.

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

Additional Rate Information

The chart below breaks down average Chevrolet Bolt insurance rates for other coverage scenarios.

• The best discount rate is $717
• Raising to $1,000 deductibles will save approximately $1,082 every year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,218
• Using low $100 deductibles will increase the cost to $1,482
• Unlucky drivers who are prone to accidents and violations could pay up to $2,632
• The cost for full coverage for a teenage driver can cost as much as $4,716

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Auto insurance rates for a Chevrolet Bolt can also vary considerably based on your driver profile, the model of your Bolt, and liability limits and deductibles.

Older drivers with a good driving record and high deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers will have to pay at least $4,700 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 $940 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,740 on average in Louisiana, New York, and Michigan.

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Using high physical damage deductibles can reduce rates by up to $400 a year, while buying higher liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will cost as much as $414 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 42% to 128% more than a normal policy. View High Risk Driver Rates

How to Find the Best Chevrolet Bolt Insurance

Saving money on auto insurance consists of being a safe and courteous driver, having good credit, not filing small claims, and consideration of higher deductibles. Invest time comparing rates every year by getting quotes from direct car insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.

Below is a brief recap of the coverage data covered in the charts and tables above.

• You may be able to save approximately $140 per year just by quoting early and online
• Increasing deductibles can save around $400 each year
• Teenage drivers are the costliest to insure, as much as $393 per month if they have full coverage
• Drivers who tend to receive serious violations may pay on average $1,410 more annually for auto insurance