Chevrolet Bolt EV Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: May 23, 2024

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Estimated insurance prices for a Chevrolet Bolt EV are $1,440 every 12 months with full coverage. Comprehensive insurance costs on average $282 a year, collision insurance costs $548, and liability is estimated at $452. Liability-only coverage costs approximately $504 a year, and high-risk coverage costs $3,136 or more. Teens pay the most at up to $5,452 a year.

Average premium for full coverage: $1,440

Premium estimates by type of coverage:

Comprehensive $282
Collision $548
Liability $452

Full coverage includes $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all U.S. states and Bolt EV trim levels.

Insurance Price Range by Risk and Coverage

For the normal driver, insurance rates for a Chevrolet Bolt EV range from the cheapest price of $504 for liability-only coverage to a high of $3,136 for a high-risk insurance policy.

Liability Only $504
Full Coverage $1,440
High Risk $3,136

Insurance Price Range by Location

Living in a larger city can have significant affects on auto insurance rates. Rural areas are statistically proven to have more infrequent collision claims than cities with more traffic congestion. The diagram below illustrates how geographic area affects car insurance rates.

Rural Areas $1,080
Small Cities $1,512
Large Cities $1,944

These rate differences demonstrate why it is important to get quotes based on a specific location and their own driving history, instead of using averaged prices.

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 Charts and Tables

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

  • The cheapest rate after discounts is $822
  • Choosing higher $1,000 deductibles can save around $1,252 annually
  • The average price for a 40-year-old good driver with $500 deductibles is $1,440
  • Selecting low $100 deductibles for comp and collision coverage costs an extra $368 every year
  • Unlucky drivers with serious driving violations could pay upwards of $3,136
  • An auto insurance policy to insure a teen driver may cost $5,452 each year

View Chart as Image

Chevrolet Bolt EV insurance cost comparison chart
Column chart showing Chevrolet Bolt EV insurance prices range from $822 to $5,452 for full coverage

Insurance prices for a Chevrolet Bolt EV also have a wide range based on physical damage deductibles and liability limits, your driving record, and the trim level of your Bolt EV.

Choosing higher comprehensive and collision insurance deductibles can save as much as $560 every year, while buying higher liability limits will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $407 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay upwards of $5,400 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you may be forking out at a minimum $1,700 to $2,400 extra annually, depending on your age. A high-risk auto insurance policy ranges as much as 44% to 132% more than the average policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Chevrolet Bolt EV insurance prices. A good driver about age 40 could pay as low as $1,040 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,940 on average in Florida, Michigan, and New York.

Chevrolet Bolt EV Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,302 -$138 -9.6%
Alaska $1,104 -$336 -23.3%
Arizona $1,196 -$244 -16.9%
Arkansas $1,440 -$0 0.0%
California $1,640 $200 13.9%
Colorado $1,374 -$66 -4.6%
Connecticut $1,480 $40 2.8%
Delaware $1,628 $188 13.1%
Florida $1,802 $362 25.1%
Georgia $1,328 -$112 -7.8%
Hawaii $1,034 -$406 -28.2%
Idaho $974 -$466 -32.4%
Illinois $1,074 -$366 -25.4%
Indiana $1,084 -$356 -24.7%
Iowa $970 -$470 -32.6%
Kansas $1,368 -$72 -5.0%
Kentucky $1,964 $524 36.4%
Louisiana $2,130 $690 47.9%
Maine $888 -$552 -38.3%
Maryland $1,186 -$254 -17.6%
Massachusetts $1,150 -$290 -20.1%
Michigan $2,502 $1,062 73.8%
Minnesota $1,206 -$234 -16.3%
Mississippi $1,724 $284 19.7%
Missouri $1,278 -$162 -11.3%
Montana $1,546 $106 7.4%
Nebraska $1,136 -$304 -21.1%
Nevada $1,728 $288 20.0%
New Hampshire $1,038 -$402 -27.9%
New Jersey $1,610 $170 11.8%
New Mexico $1,276 -$164 -11.4%
New York $1,516 $76 5.3%
North Carolina $830 -$610 -42.4%
North Dakota $1,180 -$260 -18.1%
Ohio $994 -$446 -31.0%
Oklahoma $1,478 $38 2.6%
Oregon $1,318 -$122 -8.5%
Pennsylvania $1,374 -$66 -4.6%
Rhode Island $1,920 $480 33.3%
South Carolina $1,304 -$136 -9.4%
South Dakota $1,216 -$224 -15.6%
Tennessee $1,260 -$180 -12.5%
Texas $1,736 $296 20.6%
Utah $1,066 -$374 -26.0%
Vermont $986 -$454 -31.5%
Virginia $862 -$578 -40.1%
Washington $1,114 -$326 -22.6%
West Virginia $1,320 -$120 -8.3%
Wisconsin $996 -$444 -30.8%
Wyoming $1,282 -$158 -11.0%

View Chart as Image

Chevrolet Bolt EV insurance rates by U.S. city
Chevrolet Bolt EV Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2023 Chevrolet Bolt EV $346 $660 $390 $1,554
2022 Chevrolet Bolt EV $332 $656 $398 $1,544
2021 Chevrolet Bolt EV $320 $640 $416 $1,534
2019 Chevrolet Bolt EV $292 $592 $442 $1,484
2018 Chevrolet Bolt EV $282 $548 $452 $1,440
2017 Chevrolet Bolt EV $270 $516 $456 $1,400

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 Shop for More Affordable Chevrolet Bolt EV Insurance

Finding better rates on car insurance takes having a decent driving record, having good credit, being claim-free, and determing if full coverage is necessary. Invest the time to compare rates at least every other year by getting price quotes from direct companies, and also from local exclusive and independent agents.

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

  • Higher risk drivers who have multiple accidents or major violations may pay on average $1,700 more each year than a driver with a clean driving record
  • You may be able to save as much as $180 per year just by quoting early and online
  • Increasing policy deductibles could save as much as $550 each year
  • Policyholders who require additional liability coverage will pay approximately $500 every year to raise limits from 30/60 bodily injury limits to a 250/500 level

Rates by Driver Age

Chevrolet Bolt EV Insurance Rates by Driver Age
Driver Age Premium
16 $5,452
20 $3,348
30 $1,496
40 $1,440
50 $1,316
60 $1,292

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt EV Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,808
$250 $1,636
$500 $1,440
$1,000 $1,252

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt EV Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,440
50/100 $1,530
100/300 $1,643
250/500 $1,937
100 CSL $1,576
300 CSL $1,824
500 CSL $2,005

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt EV Insurance Rates for High Risk Drivers
Age Premium
16 $7,782
20 $5,336
30 $3,198
40 $3,136
50 $2,996
60 $2,970

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.

SR-22 Surcharge $205

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $77
Multi-vehicle $77
Homeowner $22
5-yr Accident Free $107
5-yr Claim Free $94
Paid in Full/EFT $66
Advance Quote $72
Online Quote $103
Total Discounts $618
Rate after discounts $822

Discounts are estimated and may not be available from every company or in every state.

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