View 2017 Chevrolet Bolt EV Car Insurance Quotes

Finding low-cost insurance for your Chevy Bolt EV can normally be a painful process, but you can learn a few tricks to find lower rates. There are both good and bad ways to shop for auto insurance and we’ll show you the quickest way to compare rates for a new or used Chevy and find the best price possible either online or from local insurance agents.

You should make it a habit to compare rates on a regular basis because auto insurance rates tend to go up over time. Just because you had the lowest rate for Bolt EV insurance last year other companies may now be cheaper. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to the easiest way to lower your rates without sacrificing coverage.

If you have a current insurance coverage policy or are just looking to switch companies, you will benefit by learning to shop for the lowest rates while maximizing coverage. Pricing affordable insurance coverage is easy if you know what you’re doing. Drivers only need to know how to compare company rates online.

Discounts for affordable auto insurance rates

The price of auto insurance can be rather high, but there’s a good chance there are discounts to cut the cost considerably. A few discounts will be applied when you purchase, but some must be asked about prior to getting the savings. If you are not receiving all the discounts possible, you are throwing money away.

  • Telematics Data Discounts – Insureds who allow driving data submission to scrutinize driving patterns through the use of a telematics system such as Progressive’s Snapshot could save a few bucks as long as they are good drivers.
  • Save with a New Car – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new vehicles.
  • Good Student Discount – Maintaining excellent grades can save 20 to 25%. You can use this discount normally well after school through age 25.
  • Membership in Organizations – Having an affiliation with a professional or civic organization can get you a small discount on your next auto insurance statement.
  • Resident Student – Youth drivers living away from home attending college without a vehicle on campus may qualify for this discount.

Don’t be surprised that some credits don’t apply to your bottom line cost. Some only apply to individual premiums such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, nobody gets a free ride. But any discount should definitely cut the premium cost.

Popular auto insurance companies and a partial list of their discounts are:

  • State Farm includes discounts for passive restraint, Steer Clear safe driver discount, anti-theft, good driver, and accident-free.
  • Geico may include discounts for air bags, military active duty, defensive driver, good student, membership and employees, driver training, and anti-lock brakes.
  • SAFECO may offer discounts for multi-car, teen safety rewards, teen safe driver, drive less, homeowner, anti-theft, and bundle discounts.
  • Farmers Insurance offers premium reductions for business and professional, distant student, early shopping, pay in full, bundle discounts, and electronic funds transfer.
  • AAA offers discounts including multi-policy, education and occupation, AAA membership discount, multi-car, pay-in-full, and good student.
  • USAA may have discounts that include new vehicle, annual mileage, military installation, defensive driver, loyalty savings, family discount, and multi-vehicle.

Check with every company to apply every possible discount. Some credits might not be offered in your state. For a list of auto insurance companies that have a full spectrum of discounts, click here to view.

First Step: Get free auto insurance quotes

Performing a rate comparison can be exhausting if you don’t understand the most efficient way. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you can utilize the internet to get the quickest rates.

Many companies are enrolled in a marketplace that enables customers to submit one quote, and every company can provide price quotes determined by their information. This system prevents you from having to do quote requests to each individual auto insurance company. To compare rates now click here to open in new window.

The only downside to getting quotes like this is buyers cannot specifically choose which providers to get quotes from. So if you prefer to pick from a list of companies to compare rates, we have a listing of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but be sure to compare identical coverage information for each comparison quote. If you use different data then you won’t be able to make a fair rate comparison.

Chevy Bolt EV insurance premiums can be lower

Smart consumers have a good feel for the rating factors that are used to determine the level of your policy premiums. If you have some idea of what impacts premium levels, this allows you to make educated decisions that can earn you better insurance coverage rates.

  • Insurance coverage rates and age – Drivers with little experience tend to be careless and easily distracted when behind the wheel and because of this, their insurance coverage rates are much higher. Having to add a beginning driver to your insurance coverage policy can really hurt. Mature drivers are proven to be safer behind the wheel, tend to cause fewer accidents and get fewer tickets.
  • Protect yourself with liability insurance – Liability coverage will afford coverage if ever you are found liable for damages caused by your negligence. Liability insurance provides for a legal defense to attempt to prove you were not liable. It is affordable coverage compared to other policy coverages, so buy as much as you can afford.
  • Can a thief steal your car? – Purchasing a vehicle with a theft deterrent system can save you a little every year. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent vehicle theft.
  • Small claims can cost you – Insurance companies give lower rates to insureds who are claim-free. If you file claims often, you can definitely plan on higher premiums or even policy non-renewal. Your car insurance is meant to be used in the event of larger claims.
  • Having a spouse is a bonus – Being married helps lower the price on insurance coverage. Marriage generally demonstrates drivers are more stable financially it has been statistically shown that drivers who are married are more cautious.
  • Your employer can affect insurance coverage rates – Did you know your occupation can influence how much you pay for insurance coverage? Occupations like real estate brokerspolice officers and dentists have the highest average rates due to high stress levels and lots of time spent at work. On the flip side, jobs like farmers, athletes and performers have the lowest average rates for Bolt EV insurance.

Tailor your auto insurance coverage to you

When buying adequate coverage for your vehicles, there is no single plan that fits everyone. Everyone’s situation is unique.

These are some specific questions may help highlight if you might need an agent’s assistance.

  • Should I buy more coverage than the required minimum liability coverage?
  • What if I don’t agree with a claim settlement offer?
  • Is my nanny covered when driving my vehicle?
  • Am I insured when driving a different vehicle?
  • When should I buy a commercial auto policy?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Why am I required to buy high-risk coverage?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form. It is quick, free and can help protect your family.

Auto insurance coverage basics

Knowing the specifics of auto insurance can be of help when determining the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Liability

This coverage will cover damage that occurs to other’s property or people. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 which stand for a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like legal defense fees, bail bonds and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Collision protection

Collision insurance pays for damage to your Bolt EV resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as rolling your car, hitting a parking meter, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like nursing services, X-ray expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as falling objects, a tree branch falling on your vehicle, fire damage, a broken windshield and theft. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your 2017 Chevy Bolt EV.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Buy Smart and Save

As you quote auto insurance, do not reduce needed coverages to save money. There are too many instances where an accident victim reduced comprehensive coverage or liability limits only to regret that the savings was not a smart move. The proper strategy is to find the BEST coverage at the best possible price while still protecting your assets.

Consumers change insurance companies for any number of reasons including high rates after DUI convictions, policy non-renewal, lack of trust in their agent and unfair underwriting practices. Regardless of your reason, switching companies can be pretty painless.

In this article, we presented many ways to lower your 2017 Chevy Bolt EV insurance premium rates. It’s most important to understand that the more times you quote, the better chance you’ll have of finding affordable auto insurance. Consumers could even find that the lowest premium rates come from a company that doesn’t do a lot of advertising.

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