Chevrolet Bolt Insurance Rates

U.S. average insurance rates for a Chevrolet Bolt are $1,218 a year including full coverage. Comprehensive costs on average $232 each year, collision insurance costs $368, and liability costs around $460. Liability-only insurance costs as low as $510 a year, and high-risk driver insurance costs around $2,632. Teenage drivers pay the highest rates at up to $4,716 a year.

Average premium for full coverage: $1,218

Price estimates by individual coverage:

These estimates include $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 U.S. states and Bolt models.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on car insurance rates. Rural areas have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how where you live affects car insurance rates.

The ranges above highlight why all drivers should compare prices based on a specific location, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $717
• Using higher $1,000 deductibles will save around $136 every year
• The estimated price for the average middle-age driver with $500 deductibles is $1,218
• Using low deductibles for physical damage coverage bumps up the cost to $1,482
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,632
• The price that insures a 16-year-old driver may cost $4,716 or more

View Chart as Image

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

If you have some driving violations or you caused an accident, you are likely paying at a minimum $1,400 to $2,000 extra each year, depending on your age. Insurance for high-risk drivers can be from 42% to 128% more than a normal policy. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,100 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will be charged upwards of $4,700 a year. View Rates by Age

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 $940 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,740 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $400 annually, whereas increasing liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find Cheap Chevrolet Bolt Insurance

Getting lower rates on insurance for a Chevrolet Bolt requires being safe and accident-free, having a positive credit history, being claim-free, and possibly raising deductibles. Compare prices every couple of years by getting quotes from direct car insurance companies, and also from insurance agencies where you live.

Below you'll find a brief summary of the material that was touched on in the above illustrations.

• Insureds who require more liability protection will pay an extra $510 per year to increase from a low limit to the 250/500 level
• Youthful drivers are expensive to insure, possibly costing $393 a month if full coverage is purchased
• Drivers considered higher risk that tend to have accidents or serious violations could be forced to pay on average $1,410 more each year than a low-risk driver
• Increasing physical damage deductibles can save approximately $400 each year