Chevrolet Bolt Insurance Rates

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UPDATED: Jun 6, 2023

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U.S. average insurance prices for a Chevrolet Bolt are $1,266 every 12 months including full coverage. Comprehensive costs on average $248, collision costs $400, and liability costs around $460. Buying just liability costs as low as $510 a year, with insurance for high-risk drivers costing around $2,736. Teenage drivers pay the highest rates at $4,866 a year or more.

Average premium for full coverage: $1,266

Price estimates by individual coverage:

Comprehensive $248
Collision $400
Liability $460

Prices include $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and for different Bolt trim levels.

Price Range from Low to High

For an average driver, Chevrolet Bolt insurance prices go from the cheapest price of $510 for liability-only coverage to a much higher rate of $2,736 for a driver who has had serious violations or accidents.

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

Geographic Price Range

Where you live can have significant affects on car insurance rates. Rural areas have more infrequent comprehensive and collision claims than densely populated cities.

The price range example below illustrates the effect of geographic area on car insurance rates.

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

The ranges above highlight why anyone shopping for car insurance should compare prices based on a specific location and their own driving history, instead of using average rates.

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.

Additional Charts and Tables

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

  • The best discount rate is $743
  • Using higher $1,000 deductibles will save around $146 every year
  • The average price for the average middle-age driver with $500 deductibles is $1,266
  • Using more expensive low deductibles for physical damage coverage increases the price to $1,550
  • Drivers who are prone to accidents and violations could pay upwards of $2,736 or more
  • The price to insure a teen driver with full coverage may cost $4,866 or more

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

Insurance prices for a Chevrolet Bolt are also quite variable based on deductibles and policy limits, your driving characteristics, and the trim level of your Bolt.

Using high physical damage deductibles could cut prices by as much as $430 every year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as little as $1,200 a year for full coverage. Prices are much higher for teenage drivers, since even excellent drivers should be prepared to pay upwards of $4,800 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying at a minimum $1,500 to $2,100 additional each year, depending on your age. High-risk driver insurance can be as much as 43% to 132% more than a normal policy. View High Risk Driver Rates

The state you live in has a huge impact on Chevrolet Bolt insurance prices. A driver around age 40 might see prices as low as $970 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,810 on average in Michigan, New York, and Louisiana.

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

Since prices can be so different, the best way to figure out exactly what you will pay is to compare prices and see which company has the best price. Each insurance company uses a different method to calculate prices, and prices may be quite different.

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 Shop for the Right Chevrolet Bolt Insurance

Getting lower rates on car insurance requires being a good driver, having above-average credit, being claim-free, and insuring your home and auto with the same company. Take the time to compare rates every other policy renewal by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following list is a quick rundown of the ideas that were covered in the above illustrations.

  • Drivers age 16 to 20 pay higher prices, possibly costing $406 a month if full coverage is included
  • Higher risk drivers with reckless driving or DUI convictions may pay on average $1,470 more each year than a safer driver
  • Increasing physical damage deductibles could save as much as $425 each year
  • You may be able to save as much as $150 per year simply by shopping early and online

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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