Chevrolet Bolt Insurance Rates

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UPDATED: Jun 6, 2023

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The average insurance prices for a Chevrolet Bolt are $1,266 every 12 months for full coverage. Comprehensive costs around $248, collision insurance costs $400, and liability costs $460. Liability-only insurance costs as little as $510 a year, and high-risk driver insurance costs around $2,736. 16-year-old drivers cost the most to insure at up to $4,866 a year.

Average premium for full coverage: $1,266

Policy rates for type of insurance:

Comprehensive $248
Collision $400
Liability $460

Includes $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all states and for different Bolt trim levels.

Price Range Variability

For an average driver, Chevrolet Bolt insurance rates range from the cheapest price of $510 for just liability insurance to a much higher rate of $2,736 for a driver who requires high-risk insurance.

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

Urban vs. Rural Price Range

Your location can have significant affects on auto insurance rates. Areas with sparse population are shown to have more infrequent accident claims than congested cities. The price range example below illustrates the effect of geographic area on auto insurance rates.

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

The examples above show why anyone shopping for car insurance should compare rates for a specific zip code and their own driving history, instead of using 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.

More Rate Details

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

  • The best full coverage rate is $743
  • Drivers who choose higher $1,000 deductibles will pay about $146 a year
  • The average price for a good driver age 40 using $500 deductibles is $1,266
  • Buying more expensive low deductibles for comprehensive and collision insurance increases the price to $1,550
  • Higher-risk drivers with multiple tickets or accidents could pay at least $2,736
  • Policy cost to insure a teen driver with full coverage can be $4,866 a year

View Chart as Image

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

Auto insurance rates for a Chevrolet Bolt also range considerably based on liability limits and deductibles, your driver profile, and the trim level and model year.

Opting for high physical damage deductibles could save up to $430 every year, while increasing your policy's liability limits will increase rates. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

An older driver with a good driving record and higher deductibles may pay as little as $1,200 per year on average, or $100 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will have to pay as much as $4,800 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying at least $1,500 to $2,100 in extra premium every year, depending on your age. High-risk driver insurance can cost as much as 43% to 132% more than the average rate. View High Risk Driver Rates

Your home state makes a big difference in Chevrolet Bolt insurance prices. A 40-year-old driver could pay as low as $840 a year in states like Idaho, Maine, and Iowa, or at least $1,810 on average in Michigan, Louisiana, and New York.

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
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 Cheapest Chevrolet Bolt Insurance

Finding cheaper rates on car insurance not only requires avoiding accidents and claims, but also having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Take the time to compare rates at every other renewal by obtaining price quotes from direct carriers, and also from local exclusive and independent agents.

The points below are a recap of the concepts that were covered in the above illustrations.

  • Higher risk drivers that have major violations or accidents may pay on average $1,470 more every year to insure a Chevrolet Bolt
  • Drivers under the age of 20 are expensive to insure, costing up to $406 each month if comprehensive and collision insurance is included
  • Drivers can save up to $150 per year just by shopping early and online
  • Increasing comprehensive and collision deductibles could save as much as $425 each year
  • Drivers can save up to $150 per year just 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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