Chevrolet Bolt EV Insurance Cost

Full coverage for a Chevrolet Bolt EV costs about $1,610 a year ($134/month) by our estimate — ▲ +1% versus the average vehicle, ranking 147th cheapest of 310 current models.

Chevrolet Bolt EV exterior (photo from Wikimedia Commons)
Photo: Kevauto, CC BY-SA 4.0
These are estimates, not quotes. Figures are modeled from public data (NAIC, Census, FEMA, IIHS/HLDI) for comparison only. Your actual premium depends on your insurer, driving history, vehicle and coverage choices. We are not an insurance company or agency. How we estimate

Chevrolet Bolt EV insurance cost at a glance

Full coverage
$1,610
$134/mo · $1,320–$1,895
Minimum liability
$615
$51/mo
Segment
Compact car
Electric
NHTSA overall
★★★★★
2023 model year

These figures assume a driver in their 30s with a clean record, 7,500–12,000 miles a year, $500 deductibles and national-average base rates, for the 2027 model year. Our vehicle data covers the 2017–2027 model years of the Chevrolet Bolt EV.

Estimated Chevrolet Bolt EV premium by coverage level (national average rates)
Coverage levelWhat it includesPer yearPer monthTypical range
State minimum liability Only the liability (and PIP/UM where required) limits your state mandates. No coverage for your own car. $615 $51 $505–$725
Standard liability (100/300/100) Higher liability limits plus uninsured motorist coverage. Still no coverage for damage to your own car. $890 $74 $730–$1,050
Full coverage Standard liability plus collision and comprehensive, typically required on a financed or leased car. $1,610 $134 $1,320–$1,895

What drives the cost of insuring a Chevrolet Bolt EV

HLDI does not publish loss results for the Chevrolet Bolt EV, so our estimate uses the typical losses of its segment (Compact car): 1.00× average for liability, 1.06× for collision and 0.95× for comprehensive.

  • Repair and parts costs: Compact car — mainstream parts availability keeps repairs moderate.
  • Electric drivetrain: battery packs, high-voltage systems and specialized repair shops make EV collision claims more expensive on average; comprehensive can be lower if theft is rare.
  • Safety: 5-star NHTSA overall rating (frontal 5★, side 5★, rollover 5★) — better occupant protection lowers injury-claim costs.
  • Recalls & complaints: 8 NHTSA recall campaigns and 124 owner complaints across its latest three model years. Recalls don't change premiums directly, but open recalls should be fixed.

Chevrolet Bolt EV trims and configurations (2027)

Higher trims with bigger engines, all-wheel drive or more technology usually cost more to repair or replace, which raises collision and comprehensive premiums.

ConfigurationDriveEngineMPGe (comb.)Range
BOLTFWDElectric120262 mi

Chevrolet Bolt EV insurance cost by model year

Older model years cost less to insure for full coverage because the car is worth less, so collision and comprehensive payouts are smaller. Liability costs stay about the same.

Model yearEnginesDriveMPGeEst. full / yr
2027ElectricFWD—$1,610
2023ElectricFWD—$1,480
2022ElectricFWD—$1,445
2021ElectricFWD—$1,415
2020ElectricFWD—$1,380
2019ElectricFWD—$1,350
2018ElectricFWD—$1,315
2017ElectricFWD—$1,285

Chevrolet Bolt EV insurance cost by state

The same car can cost very different amounts to insure depending on where it is garaged. Select a state for its rules and city-level costs.

StateFull coverageMinimumvs. national
Alabama$1,405$480−13%
Alaska$1,410$625−12%
Arizona$1,680$660+4%
Arkansas$1,420$450−12%
California$1,585$570−2%
Colorado$1,820$650+13%
Connecticut$1,705$710+6%
Delaware$1,785$800+11%
District of Columbia$2,030$740+26%
Florida$2,280$1,080+42%
Georgia$1,980$870+23%
Hawaii$1,115$435−31%
Idaho$1,090$400−32%
Illinois$1,395$500−13%
Indiana$1,145$405−29%
Iowa$1,095$310−32%
Kansas$1,285$405−20%
Kentucky$1,350$525−16%
Louisiana$2,220$790+38%
Maine$1,025$425−36%
Maryland$1,800$750+12%
Massachusetts$1,585$590−2%
Michigan$1,755$765+9%
Minnesota$1,340$470−17%
Mississippi$1,540$530−4%
Missouri$1,460$510−9%
Montana$1,285$395−20%
Nebraska$1,290$405−20%
Nevada$1,835$865+14%
New Hampshire$1,150$400−29%
New Jersey$1,930$935+20%
New Mexico$1,445$520−10%
New York$2,150$930+34%
North Carolina$1,205$450−25%
North Dakota$1,035$275−36%
Ohio$1,150$405−29%
Oklahoma$1,450$470−10%
Oregon$1,440$625−11%
Pennsylvania$1,410$425−12%
Rhode Island$1,940$820+20%
South Carolina$1,710$730+6%
South Dakota$1,230$315−24%
Tennessee$1,340$450−17%
Texas$1,905$690+18%
Utah$1,455$655−10%
Vermont$1,050$315−35%
Virginia$1,385$625−14%
Washington$1,395$590−13%
West Virginia$1,345$435−16%
Wisconsin$1,100$370−32%
Wyoming$1,260$325−22%

Chevrolet Bolt EV insurance by driver profile

Estimated annual Chevrolet Bolt EV premium by driver (national average rates)
DriverMinimumStandardFull coverageFull / month
Teen driver (18, own policy) $1,685 $2,445 $4,420 $368
Young adult (22) $980 $1,425 $2,575 $215
Adult in their 30s $615 $890 $1,610 $134
Adult in their 50s $565 $820 $1,480 $123
Senior (72) $685 $995 $1,800 $150
30s, one at-fault accident $890 $1,290 $2,330 $194
30s, DUI on record $1,135 $1,645 $2,975 $248

Chevrolet Bolt EV vs. rivals

ModelFull coverage / yrHLDI collisionHLDI comprehensiveComparison
Chevrolet Bolt EV$1,610———
Honda Civic$1,79012188—
Toyota Corolla$1,70510289—
Toyota Prius$1,595118104—

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Frequently asked questions

How much is insurance for a Chevrolet Bolt EV?

We estimate about $1,610 a year ($134 a month) for full coverage and $615 for state-minimum liability, for a driver in their 30s with a clean record at national-average rates. That is 1% more than the average vehicle.

Which state is cheapest to insure a Chevrolet Bolt EV?

Maine has the lowest estimate (about $1,025 a year for full coverage) and Florida the highest (about $2,280).

What is the Chevrolet Bolt EV's NHTSA safety rating?

The 2023 Chevrolet Bolt EV earned 5 out of 5 stars overall in NHTSA crash testing. Better crash protection can lower injury-claim costs.

Is the Chevrolet Bolt EV cheaper to insure than the Honda Civic?

By our estimate the Chevrolet Bolt EV costs about $1,610 a year versus $1,820 for the Honda Civic, making it the cheaper of the two to insure.

How much is Chevrolet Bolt EV insurance for a teen driver?

An 18-year-old on their own full-coverage policy would pay about $4,420 a year at national-average rates by our estimate.

How we estimate this

We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.