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: January 22, 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: The Chevrolet Bolt's maintenance expenses average $918 annually, ranking as the 9th most expensive Chevrolet model to maintain out of 38 available models.
- Vehicle Trim, Features and Accessories: Higher performance trims cost more to insure due to increased repair costs and risk factors. The Bolt's 200 horsepower and 0-60 mph acceleration in about 6.5 seconds can lead to higher premiums.
- Driver Profile:Â Most Chevrolet Bolt drivers are 25 to 40 years old, with a median age of around 30, and younger drivers have higher rates due to risk factors. The Bolt's performance reputation attracts behaviors that concern insurers. 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
Chevrolet Bolt insurance costs range from $83 monthly for minimum coverage on basic 1LT Hatchback 4d models to $181 for full coverage on Premier Hatchback 4d variants. Your trim's performance features, rarity, and market value determine where you'll fall in this range.
| 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 proven strategies help you find better rates on your Chevrolet Bolt insurance:
- 1Choose the right coverage
You'll need to 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. Want 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
Learn what you should pay by reviewing average auto insurance costs for electric vehicles. This benchmark assists with shopping for the cheapest car insurance companies with competitive rates. Understanding typical costs helps you spot good deals when comparing quotes from different insurers in your area.
- 3Look for more than just low rates
Selecting reliable car insurance means evaluating insurers beyond their quotes. Check J.D. Power satisfaction ratings, examine forum feedback on claims processing, review Better Business Bureau complaints and confirm AM Best financial stability. Budget insurers might offer limited coverage or slower service when you need to file a claim.
- 4Explore discounts you qualify for
Discover car insurance discounts that apply to your situation. Chevrolet Bolt owners often get safety features discounts for advanced driver assistance systems, good driver discounts for clean records, bundling savings when combining auto and home policies, and low mileage discounts since electric vehicle owners drive shorter distances for daily commutes.
- 5Consider alternative car insurance types
Chevrolet Bolt owners might benefit from usage-based insurance programs like Progressive Snapshot or Allstate Drivewise. These options track safe driving habits and deliver premium reductions based on your actual driving behavior. Electric vehicle owners often see savings since they drive fewer miles and practice eco-friendly driving habits.
- 6Check rates every year
Obtain car insurance quotes from several companies annually. Your insurer doesn't notify you when competitors drop their prices, so yearly comparisons could save up to 24% on your Chevrolet Bolt insurance. Market conditions change frequently, and new discounts for electric vehicles become available as the technology becomes more mainstream.
Chevrolet Bolt Insurance Cost: Bottom Line
Chevrolet Bolt insurance costs average compared to other vehicles, but you can still find decent rates. Shop multiple companies, look into discounts and consider different coverage options to secure the best rate.
Chevrolet Bolt Insurance Rates: FAQ
What is the average cost of car insurance for a Chevrolet Bolt?
Chevrolet Bolt insurance costs $1,069 annually for minimum coverage and $2,075 yearly for full coverage. These rates represent competitive pricing compared to national averages for electric vehicle insurance.
What company has the cheapest car insurance for a Chevrolet Bolt?
Geico provides the most affordable auto insurance for a Chevrolet Bolt, offering minimum coverage at $709 annually. The company also delivers the best value for full coverage at $1,531 per year.
Are Chevrolet Bolts expensive to insure?
No, Chevrolet Bolt insurance is not more expensive than most vehicles. Among SUVs, this model ranks 89th out of 256 for affordability, while placing 361st out of 827 vehicles overall.
What factors affect insurance costs for Chevrolet Bolts?
Multiple factors affect your Chevrolet Bolt insurance rates. High repair costs from specialized electric components and advanced safety technology increase premiums, though lower theft rates help offset costs. Your driving record, credit score, and coverage selections remain the most factors determining your final rate.
How can I lower Chevrolet Bolt insurance costs?
Compare quotes from several insurers since Chevrolet Bolt costs differ between companies, and explore usage-based programs that monitor your driving behavior. Claim available discounts, bundle policies with home or renters insurance, and maintain a clean driving record to secure better rates.
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.