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Chevrolet Bolt EV insurance rates

Average insurance cost for your Chevy Bolt: $181. But how low can your rates go? See sample quotes.

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We pulled car insurance quotes from top insurance companies to find that the average monthly cost to insure a Chevrolet Bolt EV is $180.96 — or, $2.171.52 annually. However, your actual costs depend on your driving history, vehicle model and year, ZIP plus other factors. And some older models may cost less to insure than others depending on which safety features your vehicle has and which insurer you choose.

Model YearProgressiveGeicoState FarmFarmersAverage
2018 Chevrolet Bolt EV$168.92$118.93$183.40$187.30$164.64
2021 Chevrolet Bolt EV$185.75$129.34$204.88$203.87$180.96

How we got these rates

Our rates are based on a single 30-year-old driver with a clean driving history living in California. California is one of seven states that doesn’t use gender to determine car insurance costs. We chose full coverage car insurance with liability limits that exceed the California state minimum requirements, which include:

  • Bodily injury liability per person: $50,000
  • Bodily injury liability per accident: $100,000
  • Property damage liability: $50,000
  • Comprehensive deductible: $500
  • Collision deductible: $500
  • Medical payments: $5,000
  • Uninsured motorist bodily injury: $50,000/$100,000

Your rates may be different based on details such as your age, location, job type, annual mileage and more.

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About the Chevrolet Bolt EV

The Chevrolet Bolt EV was introduced in 2017. The car was designed as an all-electric subcompact car that could reach approximately 238 miles on pure electricity. The 2017 Chevrolet Bolt EV was named Motor Trend Car of the Year and the North American Car of the Year.

Insurance companies determine the insurance cost for a Chevrolet Bolt EV based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver’s history and location. Chevrolet shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. Chevrolet Bolt EV shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.

Chevrolet Volt EV money-saving safety features

You could save money on car insurance for your Chevrolet Volt EV if it comes equipped with these safety features.

  • Antilock brakes
  • Stability control
  • Airbags
  • Seatbelt pretensioners
  • Anti theft system

Random Chevrolet Facts

  • Chevrolet was founded in 1911 and is a division of General Motors.
  • Base prices start at $13,000 and can go up to $56,000.
  • Chevrolet had the best selling car in the United States by 1929 and overtook its competitor, Ford.
  • Chevrolet designed the first mass-produced sports car, the Corvette, in 1953. Since then, over 1.3 million Corvettes were produced.
  • Chevrolet is the only brand that was awarded the J.D. Power Dependability Award for cars, trucks, and SUVs for two years in a row.

How does the Chevrolet Bolt EV compare to other car models?

From a price standpoint, the Chevrolet Bolt EV ranks right in the middle of our list of the 360 priciest car models to insure.

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Publisher

Roslyn McKenna Ayers is insurance manager at ValuePenguin and a former publisher at Finder, specializing in home and auto coverage. Her expertise and analysis has been featured on Bankrate, MSN and Reader's Digest. She holds a BA in writing and communications from Maryville College. See full bio

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