Cheap 2017 Chevrolet Bolt EV Insurance Cost

Searching for lower insurance rates for your Chevrolet Bolt EV? Are you baffled by the number of insurance sources available to you? You have so many options that it can turn into a ton of work to find the best prices.

It’s a good idea to compare premium rates yearly because insurance rates are usually higher with each renewal. Just because you had the best premium rates on Bolt EV coverage a few years ago you will most likely find a better price today. There is a lot of bad advice regarding insurance on the web, but in a few minutes you can learn some solid techniques on how to quit paying high insurance rates.

Earn discounts to get lower-cost insurance quotes

Insurance can be pricey, but you might find some hidden discounts that you may not even know about. A few discounts will be applied at the time of quoting, but once in a while a discount must be specifically requested before you get the savings. If you do not check that you are getting every discount available, you are paying more than you should be.

  • Multiple Vehicles – Insuring all your vehicles on a single policy may reduce the rate for each vehicle.
  • Drive Safe and Save – Accident-free drivers can save up to 40% or more on their car insurance quote on Bolt EV coverage than drivers with accidents.
  • Early Payment Discounts – By making one initial payment as opposed to paying monthly you may have a lower total premium amount.
  • ABS Brakes – Anti-lock brake equipped vehicles have fewer accidents so you can save 10 percent or more.
  • Bundled Policy Discount – When you have multiple policies and insure them with the same company you could save at least 10 to 15 percent or more.
  • Low Miles Discount – Maintaining low annual mileage may enable drivers to earn lower insurancerates due to less chance of an accident.

One thing to note about discounts is that many deductions do not apply the the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. Despite the appearance that you could get a free insurance policy, you won’t be that lucky.

Popular insurance companies and some of their more popular discounts are:

  • Geico offers discounts for five-year accident-free, good student, multi-policy, anti-lock brakes, anti-theft, and daytime running lights.
  • Mercury Insurance may have discounts that include annual mileage, multi-policy, good student, professional/association, and good driver.
  • Farmers Insurance offers discounts including electronic funds transfer, youthful driver, business and professional, pay in full, distant student, and mature driver.
  • Auto-Owners Insurance policyholders can earn discounts including paid in full, safe driver, group or association, multi-policy, teen driver, and good student.
  • Liberty Mutual may offer discounts for multi-car, newly retired, new graduate, teen driver discount, and exclusive group savings.
  • SAFECO has discounts for homeowner, bundle discounts, safe driver, teen safe driver, and anti-theft.
  • Progressive discounts include good student, multi-policy, online signing, online quote discount, and continuous coverage.
  • USAA has savings for military installation, multi-vehicle, defensive driver, driver training, new vehicle, safe driver, and vehicle storage.

When comparing rates, check with every company how many discounts you can get. Some credits might not apply in your area. To see insurers that offer many of these discounts, follow this link.

Compare quotes for car insurance

All the larger car insurance companies allow consumers to get prices for coverage direct online. This process is easy for anyone as you simply type in your coverage preferences as detailed in the form. Upon sending the form, their system obtains credit information and your driving record and returns a price based on these and other factors.

This makes it a lot easier to compare rates but the time required to go to multiple sites and fill out multiple forms can get tiresome after awhile. But it’s very important to compare as many rates as possible in order to find the lowest possible prices on car insurance.

Compare rates the easy way

A quicker way to compare car insurance pricing is to use a quote form to obtain quotes from several different companies. It saves time, eliminates repetitive work, and makes price shopping online much more enjoyable and efficient. As soon as the form is sent, it is rated and you can choose any or none of the resulting price quotes. If a lower price is quoted, you can click and sign and purchase the new policy. The entire process takes less than 15 minutes and you will know how your current rates stack up.

To quickly find out if lower rates are available, click here to open in new window and submit the form. If you have coverage now, it’s recommended that you enter the insurance coverages exactly as they are listed on your policy. Doing this assures you will have a fair comparison using the same coverage and limits.

Tailor your car insurance coverage to you

When it comes to buying coverage, there isn’t really a “perfect” insurance plan. Each situation is unique.

For instance, these questions could help you determine if your situation would benefit from professional advice.

  • What is the minimum liability in my state?
  • Do all my vehicles need collision coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I need more liability coverage?
  • Can my teen drive my company car?
  • Can my babysitter drive my car?
  • Do I pay less if my vehicle is kept in my garage?
  • Do I benefit by insuring my home with the same company?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form.

Car insurance 101

Learning about specific coverages of your policy can help you determine the right coverages and the correct deductibles and limits. Auto insurance terms can be confusing and nobody wants to actually read their policy.

Liability car insurance

Liability insurance can cover damages or injuries you inflict on a person or their property. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability can pay for claims such as repair costs for stationary objects, bail bonds and medical expenses. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Collision insurance

This pays for damage to your Bolt EV from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, hitting a parking meter, rolling your car, crashing into a ditch and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hitting a deer, rock chips in glass, hail damage and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense coverage

Med pay and PIP coverage kick in for short-term medical expenses for rehabilitation expenses, hospital visits and doctor visits. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Be Smart and Buy Smart

As you quote car insurance, you should never buy lower coverage limits just to save a few bucks. Too many times, someone sacrificed physical damage coverage only to discover later they didn’t have enough coverage. Your aim should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

In this article, we covered many tips how you can compare 2017 Chevy Bolt EV insurance car insurance rates online. It’s most important to understand that the more companies you get premium rates for, the better your comparison will be. Consumers could even find that the lowest priced insurance coverage comes from some of the lesser-known companies.

Consumers leave their current company for any number of reasons including policy non-renewal, extreme rates for teen drivers, delays in paying claims or even denial of a claim. Regardless of your reason, finding a great new company is pretty easy and you might even save some money in the process.

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