Chevrolet Bolt EUV Insurance Rates

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UPDATED: Mar 28, 2024

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Average insurance rates for a Chevrolet Bolt EUV are $1,578 a year including full coverage. Comprehensive insurance costs on average $250 each year, collision costs $446, and liability is $644. Buying just liability costs around $726 a year, with insurance for high-risk drivers costing $3,422 or more. 16-year-old drivers receive the highest rates at $6,292 a year or more.

Average premium for full coverage: $1,578

Rate estimates by individual coverage type:

Comprehensive $250
Collision $446
Liability $644

Full coverage includes $500 physical damage deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and Bolt EUV models.

Price Range by Coverage and Risk

Using a middle-aged driver as an example, prices range go from as low as $726 for just liability coverage to a high rate of $3,422 for a high-risk insurance policy.

Liability Only $726
Full Coverage $1,578
High Risk $3,422

Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas tend to have a lower frequency of comprehensive and collision claims than congested cities.

The graphic below illustrates how where you live affects car insurance rates.

Rural Areas $1,184
Small Cities $1,657
Large Cities $2,130

These examples highlight why all drivers should compare rates quotes based on a specific location and risk profile, instead of making a decision based on rate averages.

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.

Detailed Rate Analysis

The chart below breaks down estimated Chevrolet Bolt EUV insurance rates for different risk profiles and scenarios.

  • The best full coverage rate is $940
  • Raising to $1,000 deductibles will save around $158 every year
  • The average rate for a 40-year-old driver with $500 deductibles is $1,578
  • Buying low deductibles will cost an extra $308 annually
  • Drivers with multiple tickets or accidents could pay upwards of $3,422 or more
  • The cost for full coverage for a 16-year-old driver may cost $6,292

View Chart as Image

Chevrolet Bolt EUV insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt EUV insurance prices range from $940 to $6,292

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

More mature drivers with a good driving record and high deductibles may pay as low as $1,500 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay upwards of $6,200 a year. View Rates by Age

Where you live also has a big influence on Chevrolet Bolt EUV insurance prices. A middle-age driver might find rates as low as $1,210 a year in states like Missouri, New Hampshire, and Vermont, or at least $2,250 on average in Michigan, New York, and Louisiana.

Chevrolet Bolt EUV Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,428 -$150 -9.5%
Alaska $1,210 -$368 -23.3%
Arizona $1,308 -$270 -17.1%
Arkansas $1,578 -$0 0.0%
California $1,800 $222 14.1%
Colorado $1,508 -$70 -4.4%
Connecticut $1,622 $44 2.8%
Delaware $1,786 $208 13.2%
Florida $1,974 $396 25.1%
Georgia $1,458 -$120 -7.6%
Hawaii $1,132 -$446 -28.3%
Idaho $1,070 -$508 -32.2%
Illinois $1,176 -$402 -25.5%
Indiana $1,192 -$386 -24.5%
Iowa $1,068 -$510 -32.3%
Kansas $1,500 -$78 -4.9%
Kentucky $2,152 $574 36.4%
Louisiana $2,340 $762 48.3%
Maine $976 -$602 -38.1%
Maryland $1,304 -$274 -17.4%
Massachusetts $1,260 -$318 -20.2%
Michigan $2,740 $1,162 73.6%
Minnesota $1,324 -$254 -16.1%
Mississippi $1,890 $312 19.8%
Missouri $1,402 -$176 -11.2%
Montana $1,698 $120 7.6%
Nebraska $1,246 -$332 -21.0%
Nevada $1,892 $314 19.9%
New Hampshire $1,136 -$442 -28.0%
New Jersey $1,764 $186 11.8%
New Mexico $1,400 -$178 -11.3%
New York $1,664 $86 5.4%
North Carolina $908 -$670 -42.5%
North Dakota $1,294 -$284 -18.0%
Ohio $1,090 -$488 -30.9%
Oklahoma $1,620 $42 2.7%
Oregon $1,446 -$132 -8.4%
Pennsylvania $1,508 -$70 -4.4%
Rhode Island $2,106 $528 33.5%
South Carolina $1,432 -$146 -9.3%
South Dakota $1,334 -$244 -15.5%
Tennessee $1,382 -$196 -12.4%
Texas $1,902 $324 20.5%
Utah $1,168 -$410 -26.0%
Vermont $1,080 -$498 -31.6%
Virginia $946 -$632 -40.1%
Washington $1,220 -$358 -22.7%
West Virginia $1,448 -$130 -8.2%
Wisconsin $1,094 -$484 -30.7%
Wyoming $1,408 -$170 -10.8%

View Chart as Image

Chevrolet Bolt EUV insurance rates by U.S. city

Opting for high physical damage deductibles can reduce rates by up to $470 annually, whereas increasing liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost as much as $579 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 at a minimum $1,900 to $2,600 in extra premium per year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 41% to 134% more than the average rate. View High Risk Driver Rates

With so much variability in rates, the best way to figure out exactly what you will pay is to do a rate comparison from multiple companies. Every auto insurance company utilizes a different rate formula, and quoted rates can be significantly different from one company to the next.

Chevrolet Bolt EUV Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Chevrolet Bolt EUV $270 $478 $598 $1,584
2023 Chevrolet Bolt EUV $260 $466 $624 $1,588
2022 Chevrolet Bolt EUV $250 $446 $644 $1,578
2021 Chevrolet Bolt EUV $238 $430 $664 $1,570

Rates are averaged for all Chevrolet Bolt EUV 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 More Affordable Chevrolet Bolt EUV Insurance

Saving money on insurance for a Chevrolet Bolt EUV consists of being a safe and courteous driver, having good credit, not filing small claims, and taking advantage of discounts. Take the time to comparison shop at least every other year by requesting rates from direct car insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

Below is a summary of the car insurance concepts touched on in the above illustrations.

  • Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,840 more each year for auto insurance
  • You may be able to save as much as $180 per year simply by quoting online in advance
  • Increasing deductibles can save around $475 each year
  • Insureds who require higher levels of liability will pay around $710 per year to raise from a minimum limit to 250/500 limits

Rates by Driver Age

Chevrolet Bolt EUV Insurance Rates by Driver Age
Driver Age Premium
16 $6,292
20 $3,662
30 $1,620
40 $1,578
50 $1,450
60 $1,422

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt EUV Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,886
$250 $1,744
$500 $1,578
$1,000 $1,420

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt EUV Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,578
50/100 $1,707
100/300 $1,868
250/500 $2,286
100 CSL $1,771
300 CSL $2,125
500 CSL $2,383

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt EUV Insurance Rates for High Risk Drivers
Age Premium
16 $8,892
20 $5,830
30 $3,462
40 $3,422
50 $3,270
60 $3,238

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 $217

Potential Rate Discounts

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

Discount Savings
Multi-policy $80
Multi-vehicle $85
Homeowner $26
5-yr Accident Free $104
5-yr Claim Free $100
Paid in Full/EFT $63
Advance Quote $73
Online Quote $107
Total Discounts $638
Rate after discounts $940

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

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