Chevrolet Bolt Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Tonya Sisler

Content Team Lead

Tonya Sisler has been a technical insurance writer for over five years. She uses her extensive insurance and finance knowledge to write informative articles that answer readers' top questions. Her mission is to provide readers with timely, accurate information that allows them to determine their insurance needs and choose the best coverage. Tonya currently leads a team of 10 insurance copywrite...

Content Team Lead

UPDATED: Mar 15, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

U.S. average insurance rates for a Chevrolet Bolt are $1,434 a year including full coverage. Comprehensive costs on average $308, collision costs $552, and liability is $416. A policy with just liability insurance costs around $474 a year, with coverage for high-risk drivers costing around $3,106. Teens pay the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Price estimates by individual coverage:

Comprehensive $308
Collision $552
Liability $416

Prices include $500 deductibles, 30/60 bodily injury liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and for different Bolt trim levels.

Price Range from Low to High

For an average driver, Chevrolet Bolt insurance prices go from as low as $474 for just liability coverage to a much higher rate of $3,106 for a driver who requires high-risk insurance.

Liability Only $474
Full Coverage $1,434
High Risk $3,106

Geographic Price Range

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates the effect of geographic area on car insurance rates.

Rural Areas $1,076
Small Cities $1,506
Large Cities $1,936

The ranges above highlight why anyone shopping for car insurance should compare rates quotes based on a specific location and risk profile, instead of making a decision based on 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.

Detailed Rate Analysis

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

  • The cheapest rate after discounts is $823
  • Raising to $1,000 deductibles will save around $194 every year
  • The average rate for the average middle-age driver with $500 deductibles is $1,434
  • Selecting more expensive low deductibles will increase the cost to $1,814
  • Drivers with serious driving violations could pay upwards of $3,106 or more
  • The price for full coverage for a 16-year-old driver with full coverage may cost $5,342

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt insurance rates range from $823 to $5,342

Insurance prices for a Chevrolet Bolt are also quite variable based on your driving record, the model of your Bolt, and policy deductibles and limits.

An older driver with a clean driving record and high deductibles may pay as low as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay upwards of $5,300 a year. View Rates by Age

The state you live in also has a big influence on Chevrolet Bolt insurance prices. A middle-age driver might find prices as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $2,050 on average in Michigan, New York, and Louisiana.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,298 -$136 -9.5%
Alaska $1,102 -$332 -23.2%
Arizona $1,192 -$242 -16.9%
Arkansas $1,434 -$0 0.0%
California $1,636 $202 14.1%
Colorado $1,372 -$62 -4.3%
Connecticut $1,476 $42 2.9%
Delaware $1,624 $190 13.2%
Florida $1,796 $362 25.2%
Georgia $1,324 -$110 -7.7%
Hawaii $1,030 -$404 -28.2%
Idaho $970 -$464 -32.4%
Illinois $1,070 -$364 -25.4%
Indiana $1,080 -$354 -24.7%
Iowa $970 -$464 -32.4%
Kansas $1,364 -$70 -4.9%
Kentucky $1,958 $524 36.5%
Louisiana $2,124 $690 48.1%
Maine $884 -$550 -38.4%
Maryland $1,184 -$250 -17.4%
Massachusetts $1,148 -$286 -19.9%
Michigan $2,494 $1,060 73.9%
Minnesota $1,200 -$234 -16.3%
Mississippi $1,720 $286 19.9%
Missouri $1,274 -$160 -11.2%
Montana $1,544 $110 7.7%
Nebraska $1,132 -$302 -21.1%
Nevada $1,720 $286 19.9%
New Hampshire $1,034 -$400 -27.9%
New Jersey $1,604 $170 11.9%
New Mexico $1,272 -$162 -11.3%
New York $1,512 $78 5.4%
North Carolina $828 -$606 -42.3%
North Dakota $1,174 -$260 -18.1%
Ohio $992 -$442 -30.8%
Oklahoma $1,472 $38 2.6%
Oregon $1,314 -$120 -8.4%
Pennsylvania $1,368 -$66 -4.6%
Rhode Island $1,914 $480 33.5%
South Carolina $1,300 -$134 -9.3%
South Dakota $1,212 -$222 -15.5%
Tennessee $1,258 -$176 -12.3%
Texas $1,732 $298 20.8%
Utah $1,062 -$372 -25.9%
Vermont $982 -$452 -31.5%
Virginia $860 -$574 -40.0%
Washington $1,110 -$324 -22.6%
West Virginia $1,314 -$120 -8.4%
Wisconsin $994 -$440 -30.7%
Wyoming $1,278 -$156 -10.9%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $580 annually, while increasing your policy's liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $375 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying at a minimum $1,700 to $2,300 extra each year, depending on your age. High-risk driver insurance is expensive and can cost from 43% to 132% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the best way to figure out exactly what you will pay is to compare prices from multiple companies. Every auto insurance company calculates prices differently, so the prices may be quite different from one company to the next.

Chevrolet Bolt Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Chevrolet Bolt $308 $552 $416 $1,434
2017 Chevrolet Bolt $270 $474 $452 $1,354

Rates are averaged for all Chevrolet Bolt 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 Right Chevrolet Bolt Insurance

Getting lower rates on insurance for a Chevrolet Bolt consists of not taking risks behind the wheel, maintaining good credit, being claim-free, and bundling your home and auto policies. Take the time to compare rates at every other renewal by quoting rates from direct car insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The following is a quick rundown of the concepts that were covered in the above illustrations.

  • Drivers considered higher risk with reckless driving or DUI convictions may pay on average $1,670 more each year for Bolt insurance
  • Teens pay the highest prices, possibly costing $445 a month for full coverage
  • You may be able to save as much as $170 per year simply by shopping early and online
  • Increasing physical damage deductibles can save around $575 each year
  • You may be able to save as much as $170 per year simply by shopping early and online

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $5,342
20 $3,310
30 $1,496
40 $1,434
50 $1,310
60 $1,284

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,814
$250 $1,640
$500 $1,434
$1,000 $1,240

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,434
50/100 $1,517
100/300 $1,621
250/500 $1,892
100 CSL $1,559
300 CSL $1,788
500 CSL $1,954

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt Insurance Rates for High Risk Drivers
Age Premium
16 $7,624
20 $5,270
30 $3,176
40 $3,106
50 $2,964
60 $2,936

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 $200

Potential Rate Discounts

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

Discount Savings
Multi-policy $77
Multi-vehicle $75
Homeowner $21
5-yr Accident Free $106
5-yr Claim Free $93
Paid in Full/EFT $66
Advance Quote $71
Online Quote $102
Total Discounts $611
Rate after discounts $823

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

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles