Chevrolet Bolt EV Car Insurance Cost 2025
The average cost of insuring a Chevrolet Bolt EV is $2,800 per year. However, this amount can fluctuate depending on factors such as your age, the model year of the vehicle, and other individual circumstances. You can use our quote tables below to get a more accurate estimate of your specific insurance costs.
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The average cost to insure a 2025 Chevrolet Bolt EV falls between $1,500 and $2,800 per year, depending on the driver’s profile, coverage level, and location. As an electric vehicle, the Bolt EV tends to be slightly more expensive to insure than traditional gas-powered models due to higher repair costs and specialized parts.
However, its strong safety ratings and compact design help offset some of those costs, making it more affordable than many other EVs in its class.
Drivers can find the most competitive rates by comparing multiple providers, as prices can vary significantly from one company to another.
How Much Does Chevrolet Bolt EV Car Insurance Cost?
On average, Chevrolet Bolt EV drivers can expect to pay around $2,800 per year for car insurance.
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.
Average Insurance Cost Of Chevrolet Bolt EV By Model Year
| Model Year | Average Premium |
| 2025 Chevrolet Bolt EV | $1,486 |
| 2023 Chevrolet Bolt EV | $1,410 |
| 2022 Chevrolet Bolt EV | $1,255 |
| 2021 Chevrolet Bolt EV | $763 |
| 2020 Chevrolet Bolt EV | $1,004 |
| 2019 Chevrolet Bolt EV | $1,455 |
| 2018 Chevrolet Bolt EV | $1,314 |
| 2017 Chevrolet Bolt EV | $863 |
2025 Chevrolet Bolt EV Insurance Rates
The average annual insurance cost for a 2025 Chevrolet Bolt EV is $1,486. However, PEMCO offers the cheapest rates, averaging $932 per year.
| Insurance Provider | Average Annual Cost |
| PEMCO | $932 |
| Capital Insurance Group | $1,098 |
| Unigard | $1,242 |
| Oregon Mutual | $1,403 |
| Chubb | $1,538 |
| Travelers | $1,552 |
| GMAC Insurance Group | $1,714 |
| Penn National | $1,745 |
| USAA | $1,754 |
| Allied | $1,883 |
2023 Chevrolet Bolt EV Insurance Rates
The average annual insurance cost for a 2023 Chevrolet Bolt EV is $1,410. However, PEMCO offers the cheapest rates, averaging $907 per year.
| 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
The average annual insurance cost for a 2022 Chevrolet Bolt EV is $1,255. However, Clearcover offers the cheapest rates, averaging $309 per year.
| 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
The average annual insurance cost for a 2021 Chevrolet Bolt EV is $763. However, Kemper Auto | Infinity offers the cheapest rates, averaging $249 per year.
| 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
The average annual insurance cost for a 2020 Chevrolet Bolt EV is $1,004. However, Safeco offers the cheapest rates, averaging $200 per year.
| 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
The average annual insurance cost for a 2019 Chevrolet Bolt EV is $1,455. However, Wolverine Mutual offers the cheapest rates, averaging $751 per year.
| 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
The average annual insurance cost for a 2018 Chevrolet Bolt EV is $1,314. However, New Jersey Manufacturers offers the cheapest rates, averaging $941 per year.
| 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
The average annual insurance cost for a 2017 Chevrolet Bolt EV is $863. However, Safeco offers the cheapest rates, averaging $57 per year.
| 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 |
Find Affordable Chevrolet Bolt EV Insurance Rates
Cost of Chevrolet Bolt EV Car Insurance By Age
Age has a significant impact on car insurance rates. Teenagers generally pay the highest premiums, as they are statistically more likely to be involved in accidents compared to other age groups. As you get older, your premiums typically decrease, as you become a lower risk to insure.
| 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
Where you live plays a crucial role in how insurance companies determine rates. Each state has its own regulations for auto insurance; for example, drivers in Michigan often face higher premiums due to the state’s requirement for higher coverage levels. Additionally, different areas experience varying climates—some may deal with extreme weather like hurricanes, storms, and flooding.
Each location also has unique statistics on crime and auto accidents, including thefts, crashes, and vehicle fatality rates. Insurance providers take all of these factors into account when calculating your specific Chevrolet Bolt EV insurance rate.
| 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 |
Find Affordable Chevrolet Bolt EV Insurance Rates
Are Chevrolet Bolt EVs Expensive To Insure?
The Chevrolet Bolt EV is generally affordable to insure compared to other electric vehicles. On average, annual premiums for the 2025 Bolt EV range from $1,500 to $2,800, depending on individual factors like location, age, driving history, and coverage level. Its relatively low cost of repairs and strong safety ratings contribute to more moderate insurance rates. However, as with most electric cars, replacement parts and specialized maintenance can sometimes push premiums slightly higher than for traditional gas-powered vehicles. Overall, the Bolt EV offers a good balance between eco-friendly performance and manageable insurance costs for most drivers.
Cheapest Car Insurance Companies For A Chevrolet Bolt EV
The table above highlights five of the most affordable insurance providers for the 2025 Chevrolet Bolt EV. PEMCO offers the lowest estimated annual premium at $920, which breaks down to about $77 per month. Capital Insurance Group follows with a yearly cost of $1,100, translating to around $92 each month. Unigard presents a competitive rate at $1,240 annually or approximately $103 monthly. Oregon Mutual comes next at $1,400 per year, equaling about $117 per month. Finally, Chubb provides coverage at an estimated annual cost of $1,540, which works out to roughly $128 each month. These figures are adjusted within a 5% range and are intended to guide drivers in comparing affordable options for insuring their Bolt EV.
| Insurance Company | Average Monthly |
| PEMCO | $77 |
| Capital Insurance Group | $92 |
| Unigard | $103 |
| Oregon Mutual | $117 |
| Chubb | $128 |
Common Chevrolet Bolt EV Insurance Discounts
Discounts can be a great way to reduce your car insurance costs. Most auto insurance providers offer various discounts, and here are some common ones you might be eligible for:
- Multi-policy: Bundle your home and auto insurance policies with one provider to often receive a discounted rate.
- Pay annually: Pay your premium all at once, rather than in monthly installments, and you may qualify for lower rates.
- Defensive driving: Completing defensive driving courses from a certified institution can make you eligible for discounted premiums.
There may be other discounts available as well. It’s a good idea to speak with your insurance agent, as they can help you identify which discounts you qualify for.
Compare Chevrolet Bolt EV To Other Chevrolet Models
Looking for other Chevrolet model insurance costs?
- Chevrolet Camaro Car Insurance
- Chevrolet Blazer Car Insurance
- Chevrolet Colorado Car Insurance
- Chevrolet Corvette Car Insurance
- Chevrolet Equinox Car Insurance
- Chevrolet Impala Car Insurance
- Chevrolet Malibu Car Insurance
- Chevrolet Sonic Car Insurance
- Chevrolet Suburban Car Insurance
- Chevrolet Tahoe Car Insurance
- Chevrolet Traverse Car Insurance
- Chevrolet Trax Car Insurance
- Chevrolet Silverado Car Insurance
- Chevrolet Spark EV Car Insurance
- Chevrolet Express G2500 Car Insurance
Our Methodology
To calculate average car insurance costs, Insuranceopedia collected thousands of quotes from leading auto insurance providers. The sample profile used was for a 40-year-old male driver purchasing full-coverage car insurance with coverage limits of $100,000 in property damage liability, $100,000 in bodily injury liability, and a $1,000 deductible. Keep in mind, though, that these figures may not reflect your individual circumstances.
Quotes Analyzed
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FAQs
Do You Need Insurance Before You Can Purchase A Chevrolet Bolt EV?
Yes, you’ll need to provide proof of insurance before you can drive your Chevrolet Bolt EV off the dealership lot. It’s best to purchase a policy first and inform your insurance company about your new car, rather than accepting insurance directly through the dealership.
How Can You Get The Cheapest Insurance For Your Chevrolet Bolt EV?
The best way to find the most affordable insurance rates for your Chevrolet Bolt EV is by shopping around and comparing quotes from various auto insurance companies. Fortunately, Insuranceopedia makes it easy to compare quotes from multiple providers all in one place, right here on our website.
