Chevrolet Bolt EV Insurance Rates

Average insurance rates for a Chevrolet Bolt EV are $1,440 a year including full coverage. Comprehensive insurance costs around $282, collision insurance costs $548, and liability is $452. A liability-only policy costs around $504 a year, and high-risk insurance costs $3,136 or more. Teens receive the highest rates at up to $5,452 a year.

Average premium for full coverage: $1,440

Rate estimates for individual coverage type:

These estimates include $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and for all Bolt EV models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on the price of insurance. Areas with sparse population tend to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion. The example below illustrates the difference location can make on auto insurance rates.

These examples highlight why everyone should compare rates quotes for a specific zip code and risk profile, instead of using averaged prices.

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

Detailed Rate Analysis

The chart below breaks down average Chevrolet Bolt EV insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $822
• Raising to $1,000 deductibles will save about $188 every year
• The average rate for a 40-year-old driver using $500 deductibles is $1,440
• Selecting pricier low deductibles will cost an extra $368 every year
• At-risk drivers with serious driving violations could pay at least $3,136
• The cost for full coverage for a teen driver for full coverage can be $5,452

View Chart as Image

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

A more mature driver with a clean driving record and high deductibles may pay as little as $1,300 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay as much as $5,400 a year. View Rates by Age

Where you live also has a big influence on Chevrolet Bolt EV insurance prices. A middle-age driver might find rates as low as $1,110 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $2,050 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $560 every year, whereas buying more liability protection will increase rates. Changing from a 50/100 limit to a 250/500 limit will cost as much as $407 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at least $1,700 to $2,400 extra per year, depending on your age. Chevrolet Bolt EV insurance for high-risk drivers is expensive and can cost as much as 44% to 132% more than the average policy. View High Risk Driver Rates

How to Find Cheap Chevrolet Bolt EV Insurance

Saving money on car insurance consists of being a good driver, maintaining good credit, not filing small claims, and dropping full coverage on older vehicles. Make time to compare rates every year by getting quotes from direct car insurance companies like GEICO and Progressive, and also from several local insurance agents.

The following list is a brief summary of the coverage data touched on in this article.

• You may be able to save up to $180 per year just by quoting online well ahead of the renewal date
• Increasing deductibles can save around $550 each year
• Drivers age 16 to 20 pay higher rates, as much as $454 per month for full coverage
• Higher risk drivers that tend to have accidents or serious violations pay on average $1,700 more every year than a safer driver