Chevrolet Bolt EV Insurance Rates

U.S. average insurance rates for a Chevrolet Bolt EV are $1,340 a year with full coverage. Comprehensive costs around $258 each year, collision insurance costs $464, and liability is $460. Liability-only coverage costs around $510 a year, and high-risk coverage costs around $2,908. Teenage drivers pay the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Price estimates for individual coverage:

Prices are based on $500 physical damage deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all U.S. states and Bolt EV models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on insurance rates. Areas with sparse population have a lower frequency of collision claims than densely populated cities. The graphic below illustrates how rural and urban location affects auto insurance rates.

The ranges above demonstrate why all drivers should compare rates quotes for a specific zip code and risk profile, instead of using average rates.

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

More Rate Information

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

• The best discount rate is $774
• Raising to $1,000 deductibles will save about $164 annually
• The average rate for the average middle-age driver using $500 deductibles is $1,340
• Using low deductibles will increase the cost to $1,658
• At-risk drivers who are prone to accidents and violations could pay at least $2,908
• The price for full coverage for a teen driver can be $5,128

View Chart as Image

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

More mature drivers with a good driving record and high deductibles may pay as little as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay as much as $5,100 a year. View Rates by Age

The state you live in also has a big influence on Chevrolet Bolt EV insurance prices. A middle-age driver might find prices as low as $970 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,810 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $490 every year, whereas increasing liability limits will increase prices. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out at least $1,600 to $2,200 in extra premium each year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Affordable Chevrolet Bolt EV Insurance

Getting lower rates on car insurance consists of being a safe and courteous driver, having good credit, avoid buying unnecessary coverage, and possibly raising deductibles. Set aside time to shop around at least once a year by getting quotes from direct companies like Progressive and GEICO, and also from local independent and exclusive agents.

Below is a brief review of the primary concepts that were raised in the charts and tables above.

• You may be able to save up to $160 per year just by quoting online in advance
• Higher risk drivers with DUI or reckless driving convictions pay an average of $1,570 more every year for auto insurance
• Increasing physical damage deductibles can save around $475 each year
• Teenage drivers are expensive to insure, costing up to $427 a month if they have full coverage