Chevrolet Bolt Insurance Rates

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Tonya Sisler

Insurance 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...

Insurance Content Team Lead

UPDATED: Jun 6, 2023

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The average insurance rates for a Chevrolet Bolt are $1,320 a year including full coverage. Comprehensive costs around $260 each year, collision costs $446, and liability is $456. Liability-only coverage costs around $508 a year, with high-risk coverage costing around $2,858. Teens cost the most to insure at $5,040 a year or more.

Average premium for full coverage: $1,320

Policy rates for type of insurance:

Comprehensive $260
Collision $446
Liability $456

Estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Bolt models.

Price Range Variability

Using a middle-aged driver as an example, Chevrolet Bolt insurance rates go from the low end price of $508 for just the minimum liability insurance to a high rate of $2,858 for a high-risk insurance policy.

Liability Only $508
Full Coverage $1,320
High Risk $2,858

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of insurance. Areas with sparse population are shown to have lower incidents of comprehensive and collision claims than cities with more traffic congestion.

The graphic below illustrates how where you live affects auto insurance rates.

Rural Areas $990
Small Cities $1,386
Large Cities $1,782

The examples above highlight why all drivers should compare rates quotes for a specific zip code, 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 Rate Analysis

The chart below breaks down estimated Chevrolet Bolt insurance rates for additional coverage choices and driver risks.

  • The cheapest rate after discounts is $767
  • Raising to $1,000 deductibles will save about $160 every year
  • The estimated price for a good driver age 40 using $500 deductibles is $1,320
  • Selecting low deductibles bumps up the cost to $1,632
  • At-risk drivers with serious driving violations could pay at least $2,858 or more
  • Policy cost that insures a teen driver can be $5,040

View Chart as Image

Chevrolet Bolt insurance cost comparison chart
Column chart showing full coverage Chevrolet Bolt insurance rates range from $767 to $5,040

Insurance rates for a Chevrolet Bolt also range considerably based on the trim level and model year, your driving record and age, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you are likely paying at least $1,600 to $2,200 additional every year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 44% to 135% more than the average policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay as much as $5,000 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Bolt insurance prices. A middle-age driver might find rates as low as $1,010 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,890 on average in Michigan, New York, and Louisiana.

Chevrolet Bolt Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,194 -$126 -9.5%
Alaska $1,014 -$306 -23.2%
Arizona $1,096 -$224 -17.0%
Arkansas $1,320 -$0 0.0%
California $1,506 $186 14.1%
Colorado $1,262 -$58 -4.4%
Connecticut $1,356 $36 2.7%
Delaware $1,496 $176 13.3%
Florida $1,652 $332 25.2%
Georgia $1,218 -$102 -7.7%
Hawaii $948 -$372 -28.2%
Idaho $892 -$428 -32.4%
Illinois $984 -$336 -25.5%
Indiana $994 -$326 -24.7%
Iowa $892 -$428 -32.4%
Kansas $1,254 -$66 -5.0%
Kentucky $1,802 $482 36.5%
Louisiana $1,954 $634 48.0%
Maine $816 -$504 -38.2%
Maryland $1,088 -$232 -17.6%
Massachusetts $1,056 -$264 -20.0%
Michigan $2,296 $976 73.9%
Minnesota $1,106 -$214 -16.2%
Mississippi $1,582 $262 19.8%
Missouri $1,170 -$150 -11.4%
Montana $1,420 $100 7.6%
Nebraska $1,040 -$280 -21.2%
Nevada $1,584 $264 20.0%
New Hampshire $952 -$368 -27.9%
New Jersey $1,476 $156 11.8%
New Mexico $1,170 -$150 -11.4%
New York $1,392 $72 5.5%
North Carolina $762 -$558 -42.3%
North Dakota $1,080 -$240 -18.2%
Ohio $912 -$408 -30.9%
Oklahoma $1,356 $36 2.7%
Oregon $1,210 -$110 -8.3%
Pennsylvania $1,260 -$60 -4.5%
Rhode Island $1,762 $442 33.5%
South Carolina $1,196 -$124 -9.4%
South Dakota $1,114 -$206 -15.6%
Tennessee $1,156 -$164 -12.4%
Texas $1,590 $270 20.5%
Utah $978 -$342 -25.9%
Vermont $906 -$414 -31.4%
Virginia $792 -$528 -40.0%
Washington $1,020 -$300 -22.7%
West Virginia $1,210 -$110 -8.3%
Wisconsin $916 -$404 -30.6%
Wyoming $1,178 -$142 -10.8%

View Chart as Image

Chevrolet Bolt insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $480 every year, whereas increasing liability limits will increase rates. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out your exact price is to do a rate comparison and see which company has the best rate. Every auto insurance company calculates rates differently, and rates will be varied.

Chevrolet Bolt Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Chevrolet Bolt $298 $530 $430 $1,416
2017 Chevrolet Bolt $260 $446 $456 $1,320

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

Finding cheaper rates on car insurance consists of being a safe and courteous driver, having a good credit score, paying for small claims out-of-pocket, and taking advantage of discounts. Compare rates at least every other year by requesting rates from direct car insurance companies, and also from local insurance agencies.

Below is a review of the car insurance concepts touched on in the above illustrations.

  • Higher risk drivers who have several accidents or serious violations may have to pay on average $1,540 more every year for auto insurance
  • You may be able to save up to $160 per year simply by quoting online in advance
  • Increasing comprehensive and collision deductibles can save approximately $475 each year
  • Policyholders who may need higher levels of liability will pay approximately $500 per year to raise from a 30/60 limit to the 250/500 level

Rates by Driver Age

Chevrolet Bolt Insurance Rates by Driver Age
Driver Age Premium
16 $5,040
20 $3,044
30 $1,368
40 $1,320
50 $1,206
60 $1,184

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Bolt Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,632
$250 $1,488
$500 $1,320
$1,000 $1,160

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Bolt Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,320
50/100 $1,411
100/300 $1,525
250/500 $1,822
100 CSL $1,457
300 CSL $1,708
500 CSL $1,890

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Bolt Insurance Rates for High Risk Drivers
Age Premium
16 $7,172
20 $4,850
30 $2,908
40 $2,858
50 $2,732
60 $2,708

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 $184

Potential Rate Discounts

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

Discount Savings
Multi-policy $70
Multi-vehicle $70
Homeowner $21
5-yr Accident Free $93
5-yr Claim Free $85
Paid in Full/EFT $57
Advance Quote $64
Online Quote $93
Total Discounts $553
Rate after discounts $767

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

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