Chevrolet Bolt EV Insurance Rates
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Dani Best
Licensed Insurance Producer
Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...
Licensed Insurance Producer
UPDATED: May 23, 2024
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Average insurance rates for a Chevrolet Bolt EV are $1,400 a year with full coverage. Comprehensive costs approximately $270, collision costs $516, and liability insurance costs $456. A policy with just liability insurance costs as little as $508 a year, with coverage for high-risk drivers costing around $3,048. Teen drivers receive the highest rates at $5,330 a year or more.
Average premium for full coverage: $1,400
Rate estimates by individual coverage type:
Rate estimates include $500 policy deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all U.S. states and for all Bolt EV models.
Price Range by Coverage and Risk
For a driver in their 40's, prices range go from the low end price of $508 for minimum levels of liability insurance to the much higher price of $3,048 for a high-risk driver policy.
Price Range by Location
Your location has a significant impact on the price of insurance. Rural locations tend to have lower incidents of collision claims than larger metro areas.
The example below illustrates how location helps determine auto insurance prices.
These examples demonstrate why everyone should compare rates using their specific location, rather than relying on price 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.
Additional Rate Details
The chart below details estimated Chevrolet Bolt EV insurance rates for additional coverage and risk scenarios.
- The lowest rate with discounts is $803
- Drivers who choose higher $1,000 deductibles will pay $176 annually
- The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,400
- Choosing pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,750
- High risk drivers with multiple violations and an at-fault accident could pay around $3,048 or more
- The cost that insures a teen driver for full coverage can cost $5,330 a year
Insurance rates for a Chevrolet Bolt EV can also vary considerably based on the model of your Bolt EV, your age and driving habits, and physical damage deductibles and liability limits.
If you like to drive fast or you caused an accident, you may be forking out anywhere from $1,700 to $2,300 additional per year, depending on your age. Chevrolet Bolt EV insurance for high-risk drivers can cost anywhere from 43% to 135% more than average. View High Risk Driver Rates
A more mature driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,300 per year on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age
Where you live makes a big difference in Chevrolet Bolt EV insurance rates. A 40-year-old driver could pay as low as $1,010 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,890 on average in New York, Michigan, and Florida.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,268 | -$132 | -9.4% |
| Alaska | $1,074 | -$326 | -23.3% |
| Arizona | $1,162 | -$238 | -17.0% |
| Arkansas | $1,400 | -$0 | 0.0% |
| California | $1,598 | $198 | 14.1% |
| Colorado | $1,340 | -$60 | -4.3% |
| Connecticut | $1,442 | $42 | 3.0% |
| Delaware | $1,586 | $186 | 13.3% |
| Florida | $1,754 | $354 | 25.3% |
| Georgia | $1,294 | -$106 | -7.6% |
| Hawaii | $1,008 | -$392 | -28.0% |
| Idaho | $946 | -$454 | -32.4% |
| Illinois | $1,046 | -$354 | -25.3% |
| Indiana | $1,056 | -$344 | -24.6% |
| Iowa | $946 | -$454 | -32.4% |
| Kansas | $1,330 | -$70 | -5.0% |
| Kentucky | $1,912 | $512 | 36.6% |
| Louisiana | $2,074 | $674 | 48.1% |
| Maine | $864 | -$536 | -38.3% |
| Maryland | $1,154 | -$246 | -17.6% |
| Massachusetts | $1,122 | -$278 | -19.9% |
| Michigan | $2,434 | $1,034 | 73.9% |
| Minnesota | $1,172 | -$228 | -16.3% |
| Mississippi | $1,680 | $280 | 20.0% |
| Missouri | $1,242 | -$158 | -11.3% |
| Montana | $1,506 | $106 | 7.6% |
| Nebraska | $1,104 | -$296 | -21.1% |
| Nevada | $1,680 | $280 | 20.0% |
| New Hampshire | $1,008 | -$392 | -28.0% |
| New Jersey | $1,566 | $166 | 11.9% |
| New Mexico | $1,242 | -$158 | -11.3% |
| New York | $1,476 | $76 | 5.4% |
| North Carolina | $808 | -$592 | -42.3% |
| North Dakota | $1,146 | -$254 | -18.1% |
| Ohio | $966 | -$434 | -31.0% |
| Oklahoma | $1,438 | $38 | 2.7% |
| Oregon | $1,284 | -$116 | -8.3% |
| Pennsylvania | $1,336 | -$64 | -4.6% |
| Rhode Island | $1,870 | $470 | 33.6% |
| South Carolina | $1,268 | -$132 | -9.4% |
| South Dakota | $1,182 | -$218 | -15.6% |
| Tennessee | $1,226 | -$174 | -12.4% |
| Texas | $1,688 | $288 | 20.6% |
| Utah | $1,038 | -$362 | -25.9% |
| Vermont | $960 | -$440 | -31.4% |
| Virginia | $840 | -$560 | -40.0% |
| Washington | $1,084 | -$316 | -22.6% |
| West Virginia | $1,284 | -$116 | -8.3% |
| Wisconsin | $970 | -$430 | -30.7% |
| Wyoming | $1,248 | -$152 | -10.9% |
Choosing high deductibles could save up to $530 each year, whereas buying more liability protection will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $411 more each year. View Rates by Deductible or Liability Limit
With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to regularly compare rates from as many companies as possible. Every company uses a different rate calculation, and rates can be significantly different.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2023 Chevrolet Bolt EV | $332 | $656 | $398 | $1,544 |
| 2022 Chevrolet Bolt EV | $320 | $640 | $416 | $1,534 |
| 2021 Chevrolet Bolt EV | $310 | $612 | $430 | $1,510 |
| 2019 Chevrolet Bolt EV | $282 | $548 | $452 | $1,440 |
| 2018 Chevrolet Bolt EV | $270 | $516 | $456 | $1,400 |
| 2017 Chevrolet Bolt EV | $258 | $464 | $460 | $1,340 |
Rates are averaged for all Chevrolet Bolt EV models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find the Best Chevrolet Bolt EV Insurance
Saving money on Chevrolet Bolt EV insurance not only requires being a good driver, but also having a good credit score, eliminating unnecessary coverage, and qualifying for all possible discounts. Shop around every time your policy renews by getting rate quotes from direct companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.
The following list is a brief recap of the information covered in the charts and tables above.
- You may be able to save around $170 per year simply by quoting online well ahead of the renewal date
- Drivers age 16 to 20 are the costliest to insure, with premiums as much as $444 per month if comprehensive and collision insurance is included
- Increasing deductibles can save approximately $525 each year
- High-risk drivers who tend to receive serious violations may have to pay on average $1,650 more per year than a safer driver
- Drivers who purchase an increased level of liability coverage will pay about $500 every year to go from a minimum limit to the 250/500 level
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $5,330 |
| 20 | $3,252 |
| 30 | $1,454 |
| 40 | $1,400 |
| 50 | $1,282 |
| 60 | $1,258 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,750 |
| $250 | $1,588 |
| $500 | $1,400 |
| $1,000 | $1,224 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,400 |
| 50/100 | $1,491 |
| 100/300 | $1,605 |
| 250/500 | $1,902 |
| 100 CSL | $1,537 |
| 300 CSL | $1,788 |
| 500 CSL | $1,970 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $7,602 |
| 20 | $5,186 |
| 30 | $3,106 |
| 40 | $3,048 |
| 50 | $2,912 |
| 60 | $2,888 |
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.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $75 |
| Multi-vehicle | $75 |
| Homeowner | $22 |
| 5-yr Accident Free | $103 |
| 5-yr Claim Free | $91 |
| Paid in Full/EFT | $63 |
| Advance Quote | $69 |
| Online Quote | $99 |
| Total Discounts | $597 |
Discounts are estimated and may not be available from every company or in every state.
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