Chevrolet Bolt EV Car Insurance Cost

Insuring a Chevrolet Bolt EV typically averages about $907 per year through PEMCO. However, the actual costs can vary based on factors such as age, the model year of the car, and other individual considerations. You can utilize the quote tables provided below to determine the potential costs for your specific circumstances.

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Updated: 18 October 2024
Written by Bob Phillips
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If you’re thinking about buying a Chevrolet Bolt EV, it’s important to consider the insurance costs. Insurance is a crucial aspect of owning a car, and it’s essential to understand its implications before making a purchase.

Selecting the right car insurance policy is vital to avoid unexpected and potentially high expenses in the future. It’s crucial to ensure you have adequate coverage in case of an accident to avoid significant out-of-pocket costs. Additionally, being found at fault in an accident could lead to increased premiums.

With over a decade of experience analyzing car insurance rates, I’ve observed the significant variability in these costs. Factors such as age, driving record, and location can have a considerable impact on insurance premiums.

How Much Does Chevrolet Bolt EV Car Insurance Cost?

Typically, PEMCO provides the most competitive annual rate of $907 for full coverage insurance on a 2023 Chevrolet Bolt EV.

While PEMCO’s rate serves as a valuable reference point, it’s crucial to recognize that car insurance costs can vary significantly due to various factors. These factors include your location, driving history, the model year of your car, and the specific coverage options you select. Maintaining a clean driving record can result in lower premiums, while a history of accidents or traffic violations may increase your costs.

Moreover, residing in an urban area with heavy traffic can lead to higher insurance rates compared to rural areas with lighter traffic. The type of coverage you opt for also affects your premium; for instance, full coverage insurance, including comprehensive and collision coverage, typically costs more than minimum liability coverage.

Insuranceopedia is available to assist you in comparing quotes from different insurance companies, ensuring that you find the best deal for your needs.

2023 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
Oregon Mutual $1,295
PEMCO $907
USAA $1,720
Allied $1,786
Penn National $1,619
GMAC Insurance Group $1,626
Capital Insurance Group $1,044
Travelers $1,503
Unigard $1,146
Chubb $1,451

2022 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
Partners Mutual Insurance Co $1,338
Plymouth Rock $1,026
Pekin Insurance $839
North Carolina Farm Bureau $1,456
PEMCO $1,595
SECURA Insurance $1,434
Hastings Mutual Insurance Co $1,664
Clearcover $309
Buckeye Insurance Group $1,488
New Jersey Manufacturers $1,397

2021 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
SECURA Insurance $1,067
Safeco $324
Concord Group $1,061
Norfolk and Dedham Group $883
Arbella Insurance Group $1,063
ACE American Pool $1,049
Mercury Insurance $273
Safety Group $833
Plymouth Rock Assurance $824
Kemper Auto | Infinity $249

2020 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
Safeco $200
PEMCO $1,148
Capital Insurance Group $1,414
Farm Bureau Mutual (IA Group) $1,237
New Jersey Manufacturers $1,241
New York Central Mutual Fire $1,261
Virginia Farm Bureau $896
SafeAuto $543
Direct Auto $1,123
North Carolina Farm Bureau $980

2019 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
Sentry $1,682
Pekin Insurance $1,663
Wolverine Mutual $751
Liberty Mutual $1,497
MEEMIC Insurance Company $1,211
Penn National $1,753
21st Century $1,609
Tennessee Farmers $1,467
Donegal Mutual Insurance Co $1,738
MO Farm Bureau Services $1,182

2018 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
First Chicago Insurance $1,337
New Jersey Manufacturers $941
SafeAuto $1,091
Oregon Mutual $855
Wolverine Mutual $1,271
PEMCO $1,096
Mississippi Farm Bureau $1,630
Capital Insurance Group $1,567
Pekin Insurance $1,607
Liberty Mutual $1,747

2017 Chevrolet Bolt EV Insurance Rates

Insurance Provider Average Annual Cost
Indiana Farmers Mutual Ins $1,017
Safeco $57
Titan $1,126
Utica National Ins Group $865
Wolverine Mutual $1,002
Pekin Insurance $998
Buckeye Insurance Group $775
North Carolina Farm Bureau $880
Farm Bureau Mutual (IA Group) $1,055
Atlantic States Insurance $857

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Cost of Chevrolet Bolt EV Car Insurance By Age

Driver Age Good Driver Recent Accident Poor Credit
17 $9,627 $14,096 $16,490
18 $8,933 $13,170 $15,415
19 $7,882 $11,598 $13,613
20 $6,942 $10,100 $11,873
21 $5,761 $8,507 $9,971
22 $5,673 $8,295 $9,718
23 $4,962 $7,199 $8,463
24 $4,637 $6,846 $8,033
25 $4,070 $5,916 $6,945
30 $3,140 $4,622 $5,450
35 $2,960 $4,314 $5,092
40 $2,858 $4,160 $4,846
45 $2,714 $4,014 $4,690
55 $2,505 $3,742 $4,384
65 $2,614 $3,860 $4,521
$3,294 $4,875 $5,707

Chevrolet Bolt EV Car Insurance Rates By State

State Good Driver Recent Accident Poor Credit
Alabama $2,997 $4,371 $5,554
Alaska $2,501 $3,457 $3,343
Arizona $2,798 $4,090 $5,983
Arkansas $3,048 $4,872 $5,311
California $3,419 $6,061 $3,460
Colorado $3,237 $4,457 $5,654
Connecticut $4,044 $6,292 $8,043
Delaware $3,353 $4,465 $5,814
Florida $4,012 $5,590 $7,230
Georgia $3,326 $4,950 $4,946
Hawaii $1,312 $1,791 $1,308
Idaho $2,234 $3,032 $3,697
Illinois $2,433 $3,608 $4,144
Indiana $2,449 $3,757 $4,225
Iowa $1,917 $2,690 $3,093
Kansas $2,590 $3,720 $4,397
Kentucky $3,782 $5,433 $6,437
Louisiana $4,796 $7,219 $7,820
Maine $1,794 $2,550 $3,659
Maryland $2,962 $4,256 $4,706
Massachusetts $2,399 $4,081 $2,366
Michigan $5,652 $8,601 $13,614
Minnesota $2,378 $3,099 $4,370
Mississippi $2,840 $3,994 $4,081
Missouri $2,706 $3,810 $4,944
Montana $2,674 $3,761 $4,367
Nebraska $2,267 $3,410 $3,653
Nevada $3,765 $5,575 $5,905
New Hampshire $2,573 $4,114 $5,206
New Jersey $2,912 $4,546 $5,918
New Mexico $2,929 $4,436 $4,511
New York $2,776 $3,478 $5,729
North Carolina $1,700 $2,894 $2,111
North Dakota $2,364 $3,556 $4,137
Ohio $2,019 $3,221 $3,311
Oklahoma $3,271 $4,750 $5,275
Oregon $3,043 $4,014 $4,760
Pennsylvania $2,527 $3,754 $4,379
Rhode Island $4,233 $6,149 $6,955
South Carolina $2,888 $3,930 $5,523
South Dakota $2,553 $3,667 $4,318
Tennessee $3,060 $4,453 $5,968
Texas $3,079 $4,410 $5,474
Utah $2,585 $3,585 $5,028
Vermont $1,987 $3,088 $3,254
Virginia $1,837 $2,877 $2,788
Washington $2,473 $3,362 $4,080
West Virginia $2,529 $3,618 $4,470
Wisconsin $2,503 $3,870 $4,409
Wyoming $2,324 $3,288 $3,454

Our Methodology

To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.

105

Quotes Analyzed

58

Brands Reviewed

40+

Research Hours

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Years Of Experience

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