Newer Chevrolet Bolts cost more to insure than older models due to higher market values. Monthly premiums range from $224 for 2023 Bolts down to $70 for older model years.
Chevrolet Bolt Insurance Cost
Updated: March 11, 2026
Key Takeaways
GEICO offers the most affordable rates on average for Chevrolet Bolt owners. Full coverage insurance costs around $173 monthly and varies based on your model year and chosen insurer. Read more
SUVs have higher premiums due to increased repair costs and theft risk, and the Bolt ranks 89th out of 256 SUVs for affordability. This places it in the middle tier among SUVs, but it is expensive compared to all vehicle types. Read more
You'll get the most precise rates by comparing costs for your specific situation and vehicle year. Read MoneyGeek's analysis of rates by company for specific Bolt model years, depending on the age of the drivers
How Much Is Chevrolet Bolt Insurance?
Looking for another Chevrolet model? Read more about the cost of Chevrolet car insurance models.
Costs vary by model year and company. Chevrolet Bolt minimum coverage ranges from $59 monthly with GEICO to $145 with UAIC, while full coverage spans $128 monthly with GEICO to higher rates with AIG.
These cost differences (more than $86 for minimum coverage and $167 for full coverage) demonstrate why Bolt owners need to shop around. Insurance companies calculate risk differently for each model, which affects your final quote.
| AAA | $102 | $212 |
| AIG | $121 | $295 |
| Allstate | $118 | $228 |
| Amica | $106 | $218 |
| Chubb | $105 | $208 |
| Farmers | $127 | $225 |
| Geico | $59 | $128 |
| Kemper | $91 | $184 |
| Nationwide | $89 | $153 |
| Progressive | $97 | $182 |
| State Farm | $84 | $175 |
| The Hartford | $92 | $158 |
| Travelers | $72 | $131 |
| UAIC | $145 | $181 |
Is Chevrolet Bolt Expensive to Insure?
MoneyGeek's analysis of 256 SUVs reveals the Chevrolet Bolt ranks 89th for insurance affordability, with 88 cheaper options available. It costs a few dollars more per month than an Audi Q5 but runs slightly less than a Hummer H3, placing it solidly in the middle tier for SUV insurance rates.
While that's middle-of-the-pack among SUVs, the Bolt actually lands in the top half for overall affordability at 361st out of 827 total vehicles in our database. SUVs tend to be pricier to insure, so this middle positioning is quite reasonable. The cheapest SUV to insure is the Isuzu Amigo, while the Audi SQ8 e-tron commands the highest premiums.
| Volkswagen ID.4 | $130 | 86 |
| Chevrolet Blazer | $130 | 87 |
| Audi Q5 | $131 | 88 |
| Hummer H3 | $131 | 89 |
| Chevrolet Bolt | $131 | 89 |
| Ford EcoSport | $131 | 90 |
| Jeep Wrangler Unlimited | $131 | 91 |
| Toyota Sequoia | $131 | 91 |
| Ford Mustang Mach-E | $132 | 92 |
Several factors affect what you'll pay for Chevrolet Bolt insurance:
- Average Repair or Replacement Costs: At $918 per year, the Bolt ranks 9th most expensive to maintain across Chevrolet's 38 models. Specialized electric components push repair costs higher than most non-electric vehicles in its class.
- Vehicle Trim, Features and Accessories: The Bolt puts out 200 horsepower and hits 60 mph in about 6.5 seconds. That performance profile means higher repair costs and more risk for insurers, both of which push premiums up on higher trims.
- Driver Profile: Most Bolt drivers are 25 to 40 years old, with a median age of around 30. Younger drivers pay more because insurers price in the risk-taking behaviors the Bolt's performance reputation attracts. Read more about the costs of Chevrolet Bolts for young drivers.
Chevrolet Bolt Insurance Cost by State
Car insurance for a Chevrolet Bolt costs anywhere from $33 per month in Wyoming to $175 in Louisiana for minimum coverage. Your state's risk factors and insurance regulations create these differences, not the vehicle itself.
| Alabama | $73 | $138 |
| Alaska | $64 | $136 |
| Arizona | $103 | $194 |
| Arkansas | $73 | $164 |
| California | $86 | $173 |
| Colorado | $88 | $211 |
| Connecticut | $122 | $210 |
| Delaware | $121 | $204 |
| Florida | $115 | $266 |
| Georgia | $127 | $212 |
| Hawaii | $48 | $108 |
| Idaho | $46 | $94 |
| Illinois | $80 | $150 |
| Indiana | $56 | $110 |
| Iowa | $50 | $122 |
| Kansas | $64 | $149 |
| Kentucky | $107 | $183 |
| Louisiana | $175 | $376 |
| Maine | $46 | $96 |
| Maryland | $129 | $218 |
| Massachusetts | $90 | $190 |
| Michigan | $144 | $275 |
| Minnesota | $70 | $145 |
| Mississippi | $77 | $153 |
| Missouri | $98 | $198 |
| Montana | $64 | $152 |
| Nebraska | $65 | $148 |
| Nevada | $157 | $285 |
| New Hampshire | $62 | $111 |
| New Jersey | $147 | $243 |
| New Mexico | $72 | $161 |
| New York | $112 | $201 |
| North Carolina | $71 | $140 |
| North Dakota | $53 | $116 |
| Ohio | $65 | $125 |
| Oklahoma | $80 | $178 |
| Oregon | $104 | $183 |
| Pennsylvania | $75 | $176 |
| Rhode Island | $112 | $200 |
| South Carolina | $93 | $174 |
| South Dakota | $47 | $143 |
| Tennessee | $67 | $137 |
| Texas | $114 | $234 |
| Utah | $95 | $162 |
| Vermont | $41 | $97 |
| Virginia | $84 | $136 |
| Washington | $80 | $149 |
| West Virginia | $78 | $157 |
| Wisconsin | $57 | $125 |
| Wyoming | $33 | $99 |
Chevrolet Bolt Costs by Model Year and Insurance Company
Model year and driver age both impact your Chevrolet Bolt insurance costs . A 35- to 55-year-old driver with a 2017 Bolt pays around $188 monthly for full coverage, while the same driver with a 2023 model pays $195 per month. Newer car models tend to be more expensive than older models, and young drivers in their teens and early twenties will pay much more to insure.
GEICO offers the lowest rates across all Bolt model years and could save certain drivers hundreds of dollars monthly.Â
Older models (2017 to 2020):
Cost of Car Insurance for 2025 Chevrolet Bolt
Cost of Car Insurance for 2023 Chevrolet Bolt
| Geico | $59 | $127 |
| Travelers | $71 | $131 |
| National General | $76 | $156 |
| State Farm | $84 | $175 |
| Nationwide | $85 | $146 |
| Kemper | $88 | $179 |
| The Hartford | $96 | $163 |
| Progressive | $100 | $186 |
| AAA | $110 | $228 |
| Chubb | $115 | $231 |
| Allstate | $116 | $225 |
| Amica | $117 | $240 |
| AIG | $128 | $315 |
| Farmers | $137 | $242 |
| UAIC | $150 | $188 |
Cost of Car Insurance for 2022 Chevrolet Bolt
| Geico | $55 | $118 |
| Travelers | $66 | $121 |
| National General | $71 | $145 |
| State Farm | $78 | $162 |
| Nationwide | $78 | $136 |
| Kemper | $81 | $166 |
| The Hartford | $89 | $152 |
| Progressive | $92 | $173 |
| AAA | $102 | $211 |
| Chubb | $107 | $214 |
| Allstate | $108 | $209 |
| Amica | $109 | $223 |
| AIG | $119 | $292 |
| Farmers | $127 | $225 |
| UAIC | $139 | $175 |
Cost of Car Insurance for 2021 Chevrolet Bolt
| Geico | $45 | $98 |
| Travelers | $55 | $101 |
| National General | $59 | $120 |
| State Farm | $65 | $135 |
| Nationwide | $65 | $113 |
| Kemper | $68 | $138 |
| The Hartford | $74 | $126 |
| Progressive | $77 | $144 |
| AAA | $85 | $176 |
| Chubb | $89 | $178 |
| Allstate | $90 | $174 |
| Amica | $90 | $185 |
| AIG | $99 | $243 |
| Farmers | $106 | $187 |
| UAIC | $116 | $145 |
Cost of Car Insurance for 2020 Chevrolet Bolt
| Geico | $49 | $105 |
| National General | $49 | $100 |
| Travelers | $60 | $110 |
| Progressive | $71 | $133 |
| State Farm | $73 | $151 |
| The Hartford | $74 | $126 |
| AAA | $74 | $154 |
| Kemper | $76 | $154 |
| Amica | $76 | $156 |
| Nationwide | $77 | $134 |
| Chubb | $79 | $156 |
| AIG | $90 | $220 |
| Allstate | $91 | $176 |
| Farmers | $101 | $179 |
| UAIC | $113 | $141 |
Cost of Car Insurance for 2019 Chevrolet Bolt
| Geico | $77 | $166 |
| National General | $84 | $172 |
| Travelers | $93 | $170 |
| State Farm | $109 | $225 |
| The Hartford | $117 | $200 |
| Nationwide | $117 | $203 |
| Kemper | $120 | $244 |
| Progressive | $127 | $239 |
| Chubb | $128 | $254 |
| AAA | $129 | $267 |
| Amica | $131 | $269 |
| AIG | $153 | $371 |
| Farmers | $157 | $277 |
| Allstate | $157 | $303 |
| UAIC | $186 | $231 |
Cost of Car Insurance for 2018 Chevrolet Bolt
| Geico | $69 | $148 |
| National General | $75 | $153 |
| Travelers | $83 | $151 |
| State Farm | $97 | $201 |
| The Hartford | $105 | $178 |
| Nationwide | $105 | $181 |
| Kemper | $107 | $218 |
| Progressive | $114 | $213 |
| Chubb | $114 | $227 |
| AAA | $115 | $238 |
| Amica | $117 | $240 |
| AIG | $136 | $331 |
| Allstate | $140 | $270 |
| Farmers | $140 | $247 |
| UAIC | $165 | $206 |
Cost of Car Insurance for 2017 Chevrolet Bolt
| Geico | $60 | $130 |
| National General | $66 | $135 |
| Travelers | $73 | $133 |
| State Farm | $85 | $177 |
| The Hartford | $92 | $157 |
| Nationwide | $92 | $159 |
| Kemper | $94 | $192 |
| Progressive | $100 | $188 |
| Chubb | $101 | $200 |
| AAA | $101 | $209 |
| Amica | $103 | $211 |
| AIG | $120 | $292 |
| Farmers | $123 | $217 |
| Allstate | $123 | $238 |
| UAIC | $146 | $181 |
Chevrolet Bolt Insurance Cost by Trim
Minimum coverage on a base 1LT Hatchback 4d is $83 per month. Full coverage on a Premier Hatchback 4d is $181. Performance features, rarity and market value all affect where your trim lands between those two figures.
| 1lt Hatchback 4d | $83 | $161 |
| Lt Hatchback 4d | $86 | $168 |
| 2lt Hatchback 4d | $92 | $178 |
| Premier Hatchback 4d | $93 | $181 |
How to Lower the Cost of Chevrolet Bolt Insurance
These strategies help you find better rates on your Chevrolet Bolt insurance:
- 1Choose the right coverage
Figure out how much coverage to buy for your Chevrolet Bolt. If you own your vehicle, get your state's minimum liability requirements plus comprehensive and collision with a $1,000 deductible to lower premiums. For enhanced protection, consider 100/300/100 liability coverage with comprehensive and collision at a $500 deductible. Financing or leasing requires 100/300/100 liability limits, comprehensive and collision with a $500 deductible, plus gap insurance.
- 2Research costs and cheap companies
Before shopping, check average auto insurance costs for electric vehicles so you know what fair looks like for a Bolt. That baseline makes it easier to spot real deals among the cheapest car insurance companies and filter out inflated quotes.
- 3Look for more than just low rates
A low quote from an unreliable insurer costs more when you need to file a claim. Before buying car insurance, check J.D. Power satisfaction ratings, Better Business Bureau complaints and AM Best financial stability scores. Budget carriers often limit coverage options and slow down claims processing when you need them most.
- 4Explore discounts you qualify for
Bolt owners qualify for safety feature discounts on advanced driver assistance systems, good driver credits for clean records, bundling savings when pairing auto with home insurance and low-mileage discounts. Check which car insurance discounts apply to your profile and stack them.
- 5Consider alternative car insurance types
Electric vehicle owners log fewer miles and brake more smoothly than average, two behaviors that usage-based programs like Progressive Snapshot or Allstate Drivewise reward directly. If that describes how you use the Bolt, telematics pricing often beats demographic-based rates.
- 6Check rates every year
Your insurer won't alert you when a competitor gets cheaper. Get car insurance quotes from several companies every year. Bolt owners who shop annually save up to 24% compared to those who auto-renew. New EV discounts also appear regularly as electric vehicles become more common. Set a reminder six weeks before your renewal date.
Chevrolet Bolt Insurance Cost: Bottom Line
Chevrolet Bolt insurance is average in cost compared to other vehicles. Compare quotes from multiple insurers, claim every discount you qualify for and review your coverage options to get the best rate available.
Chevrolet Bolt Insurance Rates: FAQ
What is the average cost of car insurance for a Chevrolet Bolt?
Minimum coverage for the Chevrolet Bolt is $1,069 per year. Full coverage is $2,075. Both figures are competitive against national averages for electric vehicle insurance.
What company has the cheapest car insurance for a Chevrolet Bolt?
GEICO is the cheapest option for Chevrolet Bolt insurance. Minimum coverage is $709 per year and full coverage is $1,531.
Are Chevrolet Bolts expensive to insure?
No. The Bolt ranks 89th out of 256 SUVs for affordability and 361st out of 827 vehicles overall, putting it in the more affordable half of the market.
What factors affect insurance costs for Chevrolet Bolts?
Specialized electric components push repair costs up, though the Bolt's below-average theft rate partially offsets that. Your driving record, credit score and coverage selections have the biggest effect on your final rate.
How can I lower Chevrolet Bolt insurance costs?
Pull quotes from at least three insurers since Bolt rates vary by company. Sign up for a usage-based program if you drive carefully and log low mileage. Claim every discount you qualify for, bundle with home or renters insurance and keep your driving record clean.
How We Determined Chevrolet Bolt Insurance Costs
We analyzed hundreds of millions of quote estimates for U.S. vehicle models from 2000 to 2023 to provide the most accurate Chevrolet Bolt insurance costs.
Who We Based These Rates On
These Chevrolet Bolt rates reflect what an average driver pays:
- Age 40, unmarried male
- Clean record: no tickets or crashes
- Credit score is in a good range
- Has never made an insurance claim
- Puts about 12,000 miles on the odometer yearly
- Has a valid driver's license with no suspensions on record
Coverage Definitions
- Minimum coverage: State-required liability limits
- Full coverage: 100/300/100 liability + comprehensive/collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.