Chevrolet Bolt Insurance Rates

U.S. average insurance rates for a Chevrolet Bolt are $1,218 a year for full coverage. Comprehensive insurance costs an estimated $232 a year, collision insurance costs $368, and liability costs $460. A policy with just liability insurance costs as little as $510 a year, and coverage for high-risk drivers costs $2,632 or more. 16-year-old drivers pay the highest rates at up to $4,716 a year.

Average premium for full coverage: $1,218

Price estimates broken down by individual coverage:

These estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all states and Bolt trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on insurance rates. More rural locations have a lower frequency of accident claims than congested cities. The diagram below illustrates the effect of geographic area on insurance prices.

The ranges above show why it is important to compare rates for a targeted area and risk profile, instead of using rate averages.

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

More Rate Information

The chart below shows average Chevrolet Bolt insurance rates for other coverage scenarios.

• The best full coverage rate is $717
• Drivers who choose higher $1,000 deductibles will pay approximately $1,082 a year
• The average rate for the average middle-age driver who has $500 deductibles is $1,218
• Buying low $100 deductibles for comprehensive and collision insurance will cost an extra $264 every year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,632
• The price for full coverage for a teen driver can cost as much as $4,716 a year

View Chart as Image

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

Older drivers with a clean driving record and high deductibles may pay as little as $1,100 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay at least $4,700 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Bolt insurance prices. A 40-year-old driver could pay as low as $810 a year in states like Iowa, Maine, and Idaho, or at least $1,740 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $400 every year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying $1,400 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 128% more than the average rate. View High Risk Driver Rates

How to Find Cheap Chevrolet Bolt Insurance

Getting lower rates on car insurance not only requires having a decent driving record, but also maintaining good credit, eliminating unnecessary coverage, and deciding if full coverage is necessary. Take the time to compare rates at least every other year by quoting rates from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

The following items are a brief summary of the car insurance concepts covered in the above illustrations.

• Higher risk drivers that tend to have accidents or serious violations pay an average of $1,410 more annually than a driver with a clean driving record
• Drivers can save approximately $140 per year just by quoting early and online
• Increasing physical damage deductibles can save around $400 each year
• Policyholders who want additional liability coverage will pay around $510 each year to go from a low limit to 250/500 limits