Chevrolet Bolt Insurance Rates

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UPDATED: Jun 6, 2023

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U.S. average insurance rates for a Chevrolet Bolt are $1,218 a year for full coverage insurance. Comprehensive costs on average $232 a year, collision costs $368, and liability costs around $460. A policy with just liability insurance costs as low as $510 a year, with coverage for high-risk drivers costing around $2,632. Teens pay the highest rates at $4,716 a year or more.

Average premium for full coverage: $1,218

Price estimates by individual coverage:

Comprehensive $232
Collision $368
Liability $460

Includes $500 deductible amounts, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Estimates are averaged for all 50 states and Bolt trim levels.

Price Range from Low to High

For a driver around age 40, Chevrolet Bolt insurance prices go from the low end price of $510 for just liability insurance to a high of $2,632 for a driver who has had serious violations or accidents.

Liability Only $510
Full Coverage $1,218
High Risk $2,632

Geographic Price Range

Where you live can make a big difference on insurance rates. Rural areas have lower incidents of physical damage claims than cities with more traffic congestion.

The diagram below illustrates the difference between rural and urban areas on car insurance rates.

Rural Areas $914
Small Cities $1,279
Large Cities $1,644

The ranges above illustrate why it is important to compare prices based on a specific location, instead of making a decision based on averaged prices.

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.

More Rate Details

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

  • The cheapest rate after discounts is $717
  • Using higher $1,000 deductibles will save around $1,082 each year
  • The estimated price for the average middle-age driver with $500 deductibles is $1,218
  • Selecting low $100 deductibles for physical damage coverage bumps up the cost to $1,482
  • High-risk insureds with serious driving violations could pay upwards of $2,632 or more
  • The price that insures a 16-year-old driver may cost $4,716 or more

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt insurance rates range from $717 to $4,716

Insurance prices for a Chevrolet Bolt are also quite variable based on the trim level of your Bolt, your age and driving record, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you are probably paying at a minimum $1,400 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy can be from 42% to 128% more than the average policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,100 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records can expect to pay upwards of $4,700 a year. View Rates by Age

The state you live in has a huge impact on Chevrolet Bolt insurance prices. A driver around age 40 might see prices as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,650 on average in Michigan, New York, and Florida.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,102 -$116 -9.5%
Alaska $934 -$284 -23.3%
Arizona $1,014 -$204 -16.7%
Arkansas $1,218 -$0 0.0%
California $1,390 $172 14.1%
Colorado $1,166 -$52 -4.3%
Connecticut $1,254 $36 3.0%
Delaware $1,380 $162 13.3%
Florida $1,524 $306 25.1%
Georgia $1,124 -$94 -7.7%
Hawaii $876 -$342 -28.1%
Idaho $826 -$392 -32.2%
Illinois $908 -$310 -25.5%
Indiana $918 -$300 -24.6%
Iowa $822 -$396 -32.5%
Kansas $1,158 -$60 -4.9%
Kentucky $1,664 $446 36.6%
Louisiana $1,804 $586 48.1%
Maine $754 -$464 -38.1%
Maryland $1,006 -$212 -17.4%
Massachusetts $976 -$242 -19.9%
Michigan $2,118 $900 73.9%
Minnesota $1,020 -$198 -16.3%
Mississippi $1,460 $242 19.9%
Missouri $1,080 -$138 -11.3%
Montana $1,310 $92 7.6%
Nebraska $962 -$256 -21.0%
Nevada $1,462 $244 20.0%
New Hampshire $880 -$338 -27.8%
New Jersey $1,364 $146 12.0%
New Mexico $1,080 -$138 -11.3%
New York $1,284 $66 5.4%
North Carolina $702 -$516 -42.4%
North Dakota $998 -$220 -18.1%
Ohio $842 -$376 -30.9%
Oklahoma $1,252 $34 2.8%
Oregon $1,118 -$100 -8.2%
Pennsylvania $1,164 -$54 -4.4%
Rhode Island $1,628 $410 33.7%
South Carolina $1,104 -$114 -9.4%
South Dakota $1,028 -$190 -15.6%
Tennessee $1,068 -$150 -12.3%
Texas $1,470 $252 20.7%
Utah $902 -$316 -25.9%
Vermont $834 -$384 -31.5%
Virginia $730 -$488 -40.1%
Washington $944 -$274 -22.5%
West Virginia $1,118 -$100 -8.2%
Wisconsin $844 -$374 -30.7%
Wyoming $1,088 -$130 -10.7%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $400 annually, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to figure out exactly what you will pay is to get quotes from multiple companies. Each insurance company calculates prices differently, so the prices may be quite different.

Chevrolet Bolt Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Chevrolet Bolt $270 $474 $452 $1,354
2017 Chevrolet Bolt $232 $368 $460 $1,218

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

Getting lower rates on insurance for a Chevrolet Bolt requires having a good driving record, having above-average credit, not filing small claims, and bundling your home and auto policies. Compare rates every other policy renewal by getting price quotes from direct insurance companies, and also from your local independent and exclusive agents.

The next list is a recap of the ideas that were covered above.

  • Drivers age 20 and younger pay the highest prices, as much as $393 a month if full coverage is included
  • Drivers considered higher risk that have major violations or accidents may pay on average $1,410 more each year to buy Chevrolet Bolt insurance
  • Increasing physical damage deductibles can save approximately $400 each year
  • It is possible to save as much as $140 per year simply by quoting early and online

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $4,716
20 $2,800
30 $1,256
40 $1,218
50 $1,116
60 $1,094

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,482
$250 $1,360
$500 $1,218
$1,000 $1,082

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,218
50/100 $1,310
100/300 $1,425
250/500 $1,724
100 CSL $1,356
300 CSL $1,609
500 CSL $1,793

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt Insurance Rates for High Risk Drivers
Age Premium
16 $6,688
20 $4,460
30 $2,674
40 $2,632
50 $2,516
60 $2,492

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 $167

Potential Rate Discounts

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

Discount Savings
Multi-policy $64
Multi-vehicle $65
Homeowner $20
5-yr Accident Free $82
5-yr Claim Free $78
Paid in Full/EFT $50
Advance Quote $57
Online Quote $85
Total Discounts $501
Rate after discounts $717

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

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