Chevrolet Bolt Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Tonya Sisler

Insurance Content Team Lead

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

Dani Best

Licensed Insurance Producer

Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...

Licensed Insurance Producer

UPDATED: Jun 6, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

The average insurance rates for a Chevrolet Bolt are $1,266 a year including full coverage. Comprehensive insurance costs an estimated $248 each year, collision costs $400, and liability coverage is $460. Buying just liability costs around $510 a year, with insurance for high-risk drivers costing $2,736 or more. Teen drivers 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

Includes $500 deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and Bolt models.

Price Range Variability

For the average driver, Chevrolet Bolt insurance rates go from as low as $510 for your basic liability-only policy to a high rate of $2,736 for a driver required to buy high-risk insurance.

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

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The graphic below illustrates how location impacts insurance prices.

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

The examples above highlight why all drivers should compare rates quotes for a targeted area and risk profile, rather than using price 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.

More Rate Information

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

  • The lowest rate with discounts is $743
  • Raising to $1,000 deductibles will save approximately $146 every year
  • The average rate for a good driver age 40 who has $500 deductibles is $1,266
  • Choosing low deductibles will cost an extra $284 each year
  • Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,736 or more
  • Policy cost for full coverage for a teenage driver can cost as much as $4,866

View Chart as Image

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

Insurance rates for a Chevrolet Bolt also range considerably based on your risk profile, the model of your Bolt, and liability limits and deductibles.

More mature drivers with a clean driving record and high deductibles may only pay around $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay at least $4,800 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Bolt insurance rates. A middle-age driver might find rates as low as $970 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,810 on average in Louisiana, New York, 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 high deductibles can reduce rates by up to $430 a year, whereas increasing liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $414 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 132% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to do a rate comparison and see how they stack up. Every auto insurance company uses a different rate calculation, so the rates will be varied from one company to the next.

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 Cheapest Chevrolet Bolt Insurance

Finding cheaper rates on auto insurance consists of not taking risks behind the wheel, maintaining good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Spend time shopping around at every policy renewal by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following is a recap of the data touched on above.

  • Consumers who want higher liability limits will pay about $510 per year to raise from a 30/60 limit to 250/500 limits
  • You may be able to save approximately $150 per year simply by quoting online in advance
  • Increasing comprehensive and collision deductibles can save around $425 each year
  • Teens are charged the highest rates, with premiums being up to $406 each month for full coverage

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.

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

By clicking, you agree to our Terms of Use

Nationwide State Farm Allstate

You May Also Enjoy These Articles