Chevrolet Bolt Insurance Rates

Estimated insurance rates for a Chevrolet Bolt are $1,218 a year for full coverage. Comprehensive costs on average $232 a year, collision insurance costs $368, and liability coverage costs around $460. A liability-only policy costs as low as $510 a year, and high-risk insurance costs around $2,632. Teen drivers pay the most at up to $4,716 a year.

Average premium for full coverage: $1,218

Premium estimates by type of coverage:

Prices are based on $500 policy deductibles, liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates include averaging for all states and Bolt trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of accident claims than larger metro areas. The diagram below illustrates the difference location can make on car insurance rates.

These rate differences show why it is important to compare prices based on a specific location and risk profile, rather than using price averages.

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

Additional Rate Details

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

• The lowest rate with discounts is $717
• Using higher $1,000 deductibles will save around $1,082 a year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,218
• Choosing low $100 deductibles for physical damage coverage will increase the cost to $1,482
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,632
• An auto insurance policy for full coverage for a teenage driver may cost $4,716 or more

View Chart as Image

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

Older drivers with a good driving record and high deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay upwards of $4,700 a year. View Rates by Age

Where you choose to live has a huge impact on Chevrolet Bolt insurance rates. A driver around age 40 might see prices as low as $810 a year in states like Idaho, Maine, and Iowa, or as much as $1,740 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles could cut prices by as much as $400 a year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost up to $414 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying at a minimum $1,400 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy can be around 42% to 128% more than average. View High Risk Driver Rates

How to Find Affordable Chevrolet Bolt Insurance

Finding better rates on auto insurance requires avoiding accidents and claims, having good credit, not filing small claims, and deciding if full coverage is necessary. Make time to compare rates once a year by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from your local insurance agents.

The points below are a brief review of the data that was touched on in this article.

• Drivers can save as much as $140 per year just by quoting early and online
• Consumers who require increased liability limits will pay about $510 each year to increase from 30/60 bodily injury limits to 250/500 limits
• Drivers under the age of 20 are charged the highest prices, as much as $393 per month if they have full coverage
• Drivers with DUI or reckless driving convictions will pay on average $1,410 more each year to insure a Chevrolet Bolt