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 $1,266 a year for full coverage. Comprehensive costs an estimated $248, collision costs $400, and liability insurance is estimated at $460. A liability-only policy costs approximately $510 a year, with high-risk insurance costing around $2,736. Teens cost the most to insure at $4,866 a year or more.

Average premium for full coverage: $1,266

Policy rates broken down by type of insurance:

Comprehensive $248
Collision $400
Liability $460

Prices include $500 physical damage insurance deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Prices are averaged for all states and for all Bolt models.

Price Range Variability

For a 40-year-old driver, Chevrolet Bolt insurance rates go from the low end price of $510 for your basic liability-only policy to the much higher price of $2,736 for a policy for a high-risk driver.

Liability Only $510
Full Coverage $1,266
High Risk $2,736

Urban vs. Rural Price Range

Living in a larger city has a significant impact on insurance rates. More rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion.

The example below illustrates how your location can change insurance prices.

Rural Areas $950
Small Cities $1,329
Large Cities $1,709

The examples above show why everyone should get quotes for a targeted area, rather than relying 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 Information

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

  • The cheapest rate after discounts is $743
  • Choosing higher $1,000 deductibles can save approximately $146 a year
  • The estimated price for a good driver age 40 who has $500 deductibles is $1,266
  • Selecting pricier low deductibles for comp and collision coverage bumps up the cost to $1,550
  • High-risk insureds with serious driving violations could pay up to $2,736 or more
  • Policy cost that insures a teen driver for full coverage can cost as much as $4,866 each year

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt insurance rates range from $743 to $4,866

Car insurance rates for a Chevrolet Bolt also range considerably based on the model of your Bolt, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,500 to $2,100 extra every year, depending on your age. Chevrolet Bolt insurance for high-risk drivers ranges anywhere from 43% to 132% more than the average policy. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,200 annually on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged at least $4,800 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Bolt insurance rates. A good driver about age 40 could pay as low as $840 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,810 on average in New York, Louisiana, and Michigan.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,146 -$120 -9.5%
Alaska $972 -$294 -23.2%
Arizona $1,052 -$214 -16.9%
Arkansas $1,266 -$0 0.0%
California $1,444 $178 14.1%
Colorado $1,212 -$54 -4.3%
Connecticut $1,304 $38 3.0%
Delaware $1,436 $170 13.4%
Florida $1,586 $320 25.3%
Georgia $1,170 -$96 -7.6%
Hawaii $910 -$356 -28.1%
Idaho $858 -$408 -32.2%
Illinois $944 -$322 -25.4%
Indiana $954 -$312 -24.6%
Iowa $854 -$412 -32.5%
Kansas $1,204 -$62 -4.9%
Kentucky $1,730 $464 36.7%
Louisiana $1,876 $610 48.2%
Maine $784 -$482 -38.1%
Maryland $1,046 -$220 -17.4%
Massachusetts $1,014 -$252 -19.9%
Michigan $2,202 $936 73.9%
Minnesota $1,062 -$204 -16.1%
Mississippi $1,518 $252 19.9%
Missouri $1,124 -$142 -11.2%
Montana $1,362 $96 7.6%
Nebraska $1,000 -$266 -21.0%
Nevada $1,520 $254 20.1%
New Hampshire $914 -$352 -27.8%
New Jersey $1,418 $152 12.0%
New Mexico $1,122 -$144 -11.4%
New York $1,336 $70 5.5%
North Carolina $730 -$536 -42.3%
North Dakota $1,038 -$228 -18.0%
Ohio $876 -$390 -30.8%
Oklahoma $1,304 $38 3.0%
Oregon $1,162 -$104 -8.2%
Pennsylvania $1,210 -$56 -4.4%
Rhode Island $1,692 $426 33.6%
South Carolina $1,148 -$118 -9.3%
South Dakota $1,070 -$196 -15.5%
Tennessee $1,110 -$156 -12.3%
Texas $1,528 $262 20.7%
Utah $938 -$328 -25.9%
Vermont $868 -$398 -31.4%
Virginia $760 -$506 -40.0%
Washington $982 -$284 -22.4%
West Virginia $1,162 -$104 -8.2%
Wisconsin $878 -$388 -30.6%
Wyoming $1,130 -$136 -10.7%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles can save as much as $430 each year, whereas buying more liability protection will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to regularly compare rates from as many companies as possible. Each auto insurer calculates rates differently, so rate quotes will be varied.

Chevrolet Bolt Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Chevrolet Bolt $282 $512 $442 $1,394
2017 Chevrolet Bolt $248 $400 $460 $1,266

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 Right Chevrolet Bolt Insurance

Finding cheaper rates on Chevrolet Bolt insurance takes being a low-risk driver, having a positive credit history, avoid buying unnecessary coverage, and not having any coverage lapses. Compare rates every year by getting rate quotes from direct carriers, and also from your local independent and exclusive agents.

The items below are a quick rundown of the coverage data illustrated above.

  • Drivers can save approximately $150 per year simply by quoting online well ahead of the renewal date
  • Increasing comprehensive and collision deductibles can save approximately $425 each year
  • Teen drivers have the highest car insurance rates, costing up to $406 each month if full coverage is purchased
  • High-risk drivers with reckless driving or DUI convictions may pay on average $1,470 more annually to insure their Bolt

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $4,866
20 $2,910
30 $1,310
40 $1,266
50 $1,160
60 $1,136

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,550
$250 $1,420
$500 $1,266
$1,000 $1,120

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,266
50/100 $1,358
100/300 $1,473
250/500 $1,772
100 CSL $1,404
300 CSL $1,657
500 CSL $1,841

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt Insurance Rates for High Risk Drivers
Age Premium
16 $6,912
20 $4,638
30 $2,784
40 $2,736
50 $2,616
60 $2,592

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 $174

Potential Rate Discounts

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

Discount Savings
Multi-policy $66
Multi-vehicle $67
Homeowner $20
5-yr Accident Free $87
5-yr Claim Free $81
Paid in Full/EFT $53
Advance Quote $60
Online Quote $89
Total Discounts $523
Rate after discounts $743

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

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