Chevrolet Bolt EV Insurance Rates

U.S. average insurance prices for a Chevrolet Bolt EV are $1,400 every 12 months for full coverage. Comprehensive costs on average $270 each year, collision insurance costs $516, and liability coverage costs $456. A policy with just liability insurance costs as little as $508 a year, and coverage for high-risk drivers costs around $3,048. Teen drivers pay the highest rates at up to $5,330 a year.

Average premium for full coverage: $1,400

Price estimates by individual coverage:

Prices include $500 physical damage deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Estimates are averaged for all states and Bolt EV models.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on car insurance rates. Rural areas have more infrequent accident claims than larger metro areas. The graphic below illustrates how geographic area affects car insurance rates.

The ranges above show why all drivers should compare rates based on a specific location and their own driving history, rather than using price averages.

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

Additional Rate Details

The chart below shows average Chevrolet Bolt EV insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $803
• Drivers who choose higher $1,000 deductibles will pay around $176 a year
• The average price for the average middle-age driver with $500 deductibles is $1,400
• Choosing low deductibles for comprehensive and collision insurance increases the price to $1,750
• High-risk insureds with multiple violations and an at-fault accident could pay upwards of $3,048
• The price to insure a teenage driver may cost $5,330 a year

View Chart as Image

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

Choosing high deductibles could save up to $530 a year, whereas increasing liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $411 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may only pay around $1,300 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect to pay upwards of $5,300 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at a minimum $1,700 to $2,300 extra each year, depending on your age. Insurance for high-risk drivers can cost around 43% to 135% more than average. View High Risk Driver Rates

The state you live in makes a big difference in Chevrolet Bolt EV insurance rates. A 40-year-old driver could pay as low as $920 a year in states like Idaho, Maine, and Iowa, or as much as $2,000 on average in Michigan, Louisiana, and New York.

View Chart as Image

How to Shop for the Right Chevrolet Bolt EV Insurance

Getting lower rates on auto insurance not only requires being a safe and courteous driver, but also having good credit, eliminating unnecessary coverage, and determing if full coverage is necessary. Invest the time to compare rates at least once a year by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

Below is a quick rundown of the primary concepts that were presented in the illustrations above.

• Drivers can save as much as $170 per year just by quoting online in advance
• Drivers with reckless driving or DUI convictions pay an average of $1,650 more each year for auto insurance
• Increasing physical damage deductibles could save as much as $525 each year
• Teenage drivers pay the highest prices, with premiums as much as $444 a month if they have full coverage