Vehicles > Chevrolet > Bolt EV

Chevrolet Bolt EV Insurance Rates

You have many choices when attempting to insure your Chevrolet vehicle. You can either buy through an agent or shop online to compare pricing from many different auto insurance companies. Comparing auto insurance through online rate quotes is easy, in addition you can save money.

Beginners to comparing rates may think buying cut-rate Bolt EV insurance is going to be difficult. Getting cheaper insurance rates can be surprisingly simple. The only requirement is to invest a few minutes getting comparison quotes from different insurance companies. This can be done by visiting this page.

Criteria which help determine your insurance rates

Car insurance premiums for your Chevrolet Bolt EV will vary greatly based upon several criteria. A few of these criteria are:

  • The performance level of your Bolt EV
  • Your accident history
  • Home and auto can earn discounts
  • Pleasure, commuting or business use can affect rates
  • Mature drivers pay less
  • Being married can lower rates
  • Optional coverages like vehicle replacement
  • Your claim history
  • No coverage lapses saves money
  • Owning a home can lower rates

An additional factor that can impact Bolt EV insurance rates is the year of the vehicle. A newer vehicle have a higher value than older models so repair costs are higher which will push premiums up. Conversely, new Chevrolet models may have safety features such as autonomous braking, an advanced theft deterrent system, a telematics system, and adaptive headlights so those may provide discounts that lower premiums.

To get a better idea how much rates will be for your vehicle, select the year of your Bolt EV from the following list.

Auto liability

Liability insurance provides protection from injuries or damage you cause to other's property or people. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so you should buy as much as you can afford.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for bills such as ambulance fees, surgery, and doctor visits. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. PIP is not universally available but can be used in place of medical payments coverage.

How Much are Chevrolet Bolt EV Insurance Rates?