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Chevrolet Bolt Insurance Cost

Comparing car insurance through online companies saves time, is easy to do and at the same time you might just save a little. The key to finding lower rates is to take the time to get as many rate quotes as possible so you can compare the lowest rate quotes.

Using the web to shop for car insurance direct is challenging if you are a beginner to online quotes. But don't let that discourage you because comparing prices is actually very simple. When shopping for car insurance there are multiple ways of comparing rates from car insurance companies in your area. By far the easiest way to find the lowest Bolt insurance rates involves getting comparison quotes online. It is quite easy and can be accomplished by visiting this page.

What factors determine your insurance rates?

Auto insurance rates for a Chevrolet Bolt can vary widely and are calculated by many factors. Taken into consideration are:

  • Tickets increase premiums
  • Credit rating
  • Male rates may be higher
  • Higher deductibles save money
  • Your vehicle's safety rating
  • What you do for a living
  • The amount of protection requested
  • Whether you rent or own your home

A final factor that can impact Bolt insurance cost is the model year. Used vehicles have a reduced actual cash value in comparison to older models so repair costs tend to be lower which may end up costing you less. But newer vehicles may have a trim level with safety features including a telematics system, a collision avoidance system, tire pressure monitors, and traction control which can provide discounts that lower premiums.

To get more specific information about how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

Coverage for liability

This can cover damages or injuries you inflict on other people or property. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so consider buying higher limits if possible.

Collision insurance

This coverage covers damage to your Chevrolet caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Bolt collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by your Chevrolet Bolt comprehensive insurance. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when the "other guys" either are underinsured or have no liability coverage at all. Because many people only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. PIP coverage is not an option in every state but can be used in place of medical payments coverage.

How Much are Chevrolet Bolt Insurance Rates?