Chevrolet Bolt Insurance Rates

U.S. average insurance rates for a Chevrolet Bolt are $1,266 a year for full coverage insurance. Comprehensive costs approximately $248 each year, collision insurance costs $400, and liability coverage is estimated at $460. Liability-only coverage costs approximately $510 a year, and high-risk coverage costs around $2,736. Teenage drivers pay the highest rates at up to $4,866 a year.

Average premium for full coverage: $1,266

Price estimates by individual coverage:

Full coverage includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 states and Bolt models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of auto insurance. Rural locations have lower incidents of physical damage claims than densely populated cities. The graphic below illustrates how location impacts auto insurance prices.

The ranges above illustrate why all drivers should get quotes using their specific location, rather than using average rates.

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

Rates by State, City, and Model

The chart below illustrates average Chevrolet Bolt insurance rates for additional coverage and risk scenarios.

• The best discount rate is $743
• Choosing higher $1,000 deductibles can save $146 each year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,266
• Using low deductibles for comp and collision coverage bumps up the cost to $1,550
• Drivers who are prone to accidents and violations could pay around $2,736
• The price that insures a teenage driver can cost $4,866 each year

View Chart as Image

Auto insurance prices for a Chevrolet Bolt are also quite variable based on the trim level and model year, your age and driving record, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you are probably paying anywhere from $1,500 to $2,100 in extra premium each year, depending on your age. Insurance for high-risk drivers ranges around 43% to 132% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $1,200 annually on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay in the ballpark of $4,800 a year. View Rates by Age

The state you live in plays a big part in determining prices for Chevrolet Bolt insurance rates. A good driver about age 40 could pay as low as $830 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,710 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $430 a year, whereas increasing liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

How to Find More Affordable Chevrolet Bolt Insurance

Getting lower rates on auto insurance takes avoiding accidents and violations, maintaining a good credit score, not filing small claims, and possibly higher deductibles. Compare prices once a year by requesting quotes from direct insurance companies, and also from your local car insurance providers.

The list below is a summary of the data that was touched on above.

• It is possible to save around $150 per year just by quoting online in advance
• Consumers who purchase higher liability limits will pay an extra $510 annually to raise limits from a low limit to the 250/500 level
• Teenagers have the highest car insurance prices, as much as $406 a month if the policy includes full coverage
• Drivers who have multiple accidents or major violations could be charged and average of $1,470 more per year for car insurance