Chevrolet Bolt Insurance Rates

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UPDATED: Jun 6, 2023

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U.S. average insurance rates for a Chevrolet Bolt are $1,266 a year for full coverage insurance. Comprehensive insurance costs on average $248, collision costs $400, and liability is estimated at $460. Buying just liability costs approximately $510 a year, with insurance for high-risk drivers costing $2,736 or more. Teen drivers pay the highest rates at $4,866 a year or more.

Average premium for full coverage: $1,266

Price estimates by individual coverage:

Comprehensive $248
Collision $400
Liability $460

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 states and for all Bolt models.

Price Range from Low to High

For a driver around age 40, Chevrolet Bolt insurance prices go from as low as $510 for just liability coverage to the much higher price of $2,736 for coverage for higher-risk drivers.

Liability Only $510
Full Coverage $1,266
High Risk $2,736

Geographic Price Range

Living in a larger city can have significant affects on insurance rates. Rural areas have a lower frequency of physical damage claims than larger metro areas.

The example below illustrates the difference between rural and urban areas on car insurance rates.

Rural Areas $950
Small Cities $1,329
Large Cities $1,709

The ranges above illustrate why everyone should get quotes based on a specific location and risk profile, instead of using 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.

Detailed Rate Analysis

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

  • The lowest rate with discounts is $743
  • Choosing higher $1,000 deductibles can save around $146 each year
  • The average rate for the average middle-age driver with $500 deductibles is $1,266
  • Choosing pricier low deductibles for comp and collision coverage will cost an extra $284 every year
  • Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,736 or more
  • The price for full coverage for a teen driver for full coverage may cost $4,866 each year

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt insurance prices range from $743 to $4,866

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

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,200 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers should be prepared to pay upwards of $4,800 a year. View Rates by Age

The state you live in plays a big part in determining prices for Chevrolet Bolt insurance prices. A good driver about age 40 could pay as low as $830 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,710 on average in Michigan, New York, and Florida.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,146 -$120 -9.5%
Alaska $972 -$294 -23.2%
Arizona $1,052 -$214 -16.9%
Arkansas $1,266 -$0 0.0%
California $1,444 $178 14.1%
Colorado $1,212 -$54 -4.3%
Connecticut $1,304 $38 3.0%
Delaware $1,436 $170 13.4%
Florida $1,586 $320 25.3%
Georgia $1,170 -$96 -7.6%
Hawaii $910 -$356 -28.1%
Idaho $858 -$408 -32.2%
Illinois $944 -$322 -25.4%
Indiana $954 -$312 -24.6%
Iowa $854 -$412 -32.5%
Kansas $1,204 -$62 -4.9%
Kentucky $1,730 $464 36.7%
Louisiana $1,876 $610 48.2%
Maine $784 -$482 -38.1%
Maryland $1,046 -$220 -17.4%
Massachusetts $1,014 -$252 -19.9%
Michigan $2,202 $936 73.9%
Minnesota $1,062 -$204 -16.1%
Mississippi $1,518 $252 19.9%
Missouri $1,124 -$142 -11.2%
Montana $1,362 $96 7.6%
Nebraska $1,000 -$266 -21.0%
Nevada $1,520 $254 20.1%
New Hampshire $914 -$352 -27.8%
New Jersey $1,418 $152 12.0%
New Mexico $1,122 -$144 -11.4%
New York $1,336 $70 5.5%
North Carolina $730 -$536 -42.3%
North Dakota $1,038 -$228 -18.0%
Ohio $876 -$390 -30.8%
Oklahoma $1,304 $38 3.0%
Oregon $1,162 -$104 -8.2%
Pennsylvania $1,210 -$56 -4.4%
Rhode Island $1,692 $426 33.6%
South Carolina $1,148 -$118 -9.3%
South Dakota $1,070 -$196 -15.5%
Tennessee $1,110 -$156 -12.3%
Texas $1,528 $262 20.7%
Utah $938 -$328 -25.9%
Vermont $868 -$398 -31.4%
Virginia $760 -$506 -40.0%
Washington $982 -$284 -22.4%
West Virginia $1,162 -$104 -8.2%
Wisconsin $878 -$388 -30.6%
Wyoming $1,130 -$136 -10.7%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Choosing high deductibles can save as much as $430 every year, whereas buying more liability protection will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,500 to $2,100 additional each year, depending on your age. Chevrolet Bolt insurance for high-risk drivers ranges as much as 43% to 132% more than average. View High Risk Driver Rates

Since prices can be so different, the only way to figure out exactly what you will pay is to regularly compare prices and see which company has the best price. Each auto insurer uses a different rate calculation, and 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 $282 $512 $442 $1,394
2017 Chevrolet Bolt $248 $400 $460 $1,266

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 Low Cost Chevrolet Bolt Insurance

Getting lower rates on car insurance takes being a good driver, having a good credit history, not filing small claims, and insuring your home and auto with the same company. Set aside time to compare rates at least once a year by getting quotes from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The following list is a review of the primary concepts that were covered above.

  • It is possible to save as much as $150 per year simply by quoting online well ahead of the renewal date
  • Higher risk drivers who have several accidents or serious violations pay an average of $1,470 more each year than a safer driver
  • Increasing physical damage deductibles can save around $425 each year
  • Drivers age 16 to 20 pay higher prices, as much as $406 a month including comprehensive and collision insurance

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $4,866
20 $2,910
30 $1,310
40 $1,266
50 $1,160
60 $1,136

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,550
$250 $1,420
$500 $1,266
$1,000 $1,120

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,266
50/100 $1,358
100/300 $1,473
250/500 $1,772
100 CSL $1,404
300 CSL $1,657
500 CSL $1,841

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt Insurance Rates for High Risk Drivers
Age Premium
16 $6,912
20 $4,638
30 $2,784
40 $2,736
50 $2,616
60 $2,592

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 $174

Potential Rate Discounts

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

Discount Savings
Multi-policy $66
Multi-vehicle $67
Homeowner $20
5-yr Accident Free $87
5-yr Claim Free $81
Paid in Full/EFT $53
Advance Quote $60
Online Quote $89
Total Discounts $523
Rate after discounts $743

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

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