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Cheapest Car Insurance Quotes in Bolivia

  • Finding the cheapest car insurance quotes in Bolivia shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
  • We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.
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399,755 Policies Sold
Bolivia Car Insurance
$ 31

/mo

Sara Sam
Written by Sara Sam
Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

How Much Is Car Insurance in Bolivia

The car insurance rate in Bolivia is $920 for a six-month policy, which is $18 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $412, making it a popular choice for budget-conscious drivers. Rates in Bolivia can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Bolivia

$920

National Average

$1140

Cheapest Car Insurance Companies in Bolivia

1st place: Erie

At $412 for a six month policy, Erie offers the cheapest auto insurance rates in the city. 

2nd place: Progressive

Progressive offers auto insurance rates at $491 for a six-month policy, making it one of the cheapest to insure with. 

3rd place: State Farm

State Farm offers auto insurance rates at $563 for six months, making it the third cheapest auto insurance company in Bolivia.

Bolivia Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Bolivia, NC is Erie, offering policies at just $412 for a six-month term. This is followed by Progressive, which has an average six-month premium of $491.

At the higher end of the spectrum, Penn National is the most expensive, with rates reaching $1175 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Bolivia drivers find the best deals.

Cheap Car Insurance Companies in Bolivia, NC

Company Avg. 6 Mo. Premium Avg. Monthly Premium
Erie $412 $69
Progressive $491 $83
State Farm $563 $95
North Carolina Farm Bureau $666 $112
Nationwide $866 $146
Farm Bureau $1139 $194
Farmers $1163 $194
Kemper $1278 $217
Allstate $1455 $245
Penn National $1175 $196
Key Takeaways

Way's key takeaways about car insurance in Bolivia

  • The auto insurance costs in Bolivia fall around $412 for six months. 
  • The cheapest auto insurance company in Bolivia is Erie.
  • Teen drivers pay the highest rate in Bolivia at $62 per month.

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Cheapest Minimum Liability Car Insurance in Bolivia

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Bolivia are given below. 

Erie provides the cheapest minimum car insurance coverage in Bolivia. Their Average 6 Month Premium is $182. National Farmers Union Insurance is the most expensive at $315 for the same period. 

Cheapest Liability Coverage in Bolivia, NC

Company Avg. 6 Mo. Premium Avg. Monthly Premium
Erie $182 $31
State Farm $249 $42
Progressive $260 $44
North Carolina Farm Bureau $285 $48
Nationwide $357 $60
National General $369 $61
Penn National $400 $68
Farm Bureau $581 $97
Allstate $636 $107
National Farmers Union Insurance $315 $52

Cheapest Full Coverage Car Insurance in Bolivia

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Bolivia is Erie at $69 per month and $412 for six months. 

Cheapest Full Coverage Car Insurance Quotes in Bolivia, NC

Company Avg. 6 Mo. Premium Avg. Monthly Premium
Erie $412 $69
Progressive $491 $83
State Farm $563 $95
North Carolina Farm Bureau $666 $112
Nationwide $866 $146
Farm Bureau $1139 $194
Farmers $1163 $194
Kemper $1278 $217
Allstate $1455 $245
Penn National $1175 $196

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Average Car Insurance in Bolivia by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Bolivia, NC increasing?

Despite maintaining a clean driving record, your car insurance rates in Bolivia, North Carolina, may be increasing due to several external factors. North Carolina has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Bolivia's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs. 

Car Insurance Premiums by Age in Bolivia

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category.  However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.  

Cheapest Car Insurance Companies Based on Age Group

Age Group Cheapest Companies Avg. 6 Mo. Premium
20s North Carolina Farm Bureau $415
30s North Carolina Farm Bureau $415
40s North Carolina Farm Bureau $415
50s North Carolina Farm Bureau $415
60s North Carolina Farm Bureau $415
70s North Carolina Farm Bureau $415

Cheapest Car Insurance Rates for Teen Drivers in Bolivia,NC

If you are planning to get a car insurance policy for your teenage dependent, Progressive provides the cheapest car insurance in the Bolivia at $90 per month. At $363 for a six-month premium, National General offers the most expensive rate for teen drivers.

Company Avg. 6 Mo. Premium Avg. Monthly Premium
Progressive $533 $90
State Farm $691 $116
Erie $697 $117
North Carolina Farm Bureau $1218 $205
Nationwide $2636 $440
Allstate $3186 $542
Penn National $352 $58
National General $363 $62

Teen Car Insurance Rates in NC by Age

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Way Tip

If you are in your twenties North Carolina Farm Bureau is the best choice for car insurance in Bolivia.

As young drivers face the highest rates in Bolivia, North Carolina Farm Bureau offers the cheapest auto insurance rates at $415 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Bolivia, North Carolina Farm Bureau is the cheapest car insurance provider. At $182 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Bolivia is Allstate, offering rates of around $3205 for six months. 

Company Avg. 6 Mo. Premium Avg. Monthly Premium
North Carolina Farm Bureau $182 $31
National General $315 $52
Progressive $340 $57
Erie $394 $66
Nationwide $781 $132
State Farm $1345 $226
Farm Bureau $1539 $262
Allstate $3205 $534

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Car Insurance Rates with An Accident in Bolivia

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Bolivia, NC, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Bolivia

The cheapest car insurance companies after an at-fault accident in Bolivia include Progressive and Erie, offering $515 and $521, respectively. Farmers is an expensive provider with an average six-month premium of $540.

Company Avg. 6 Mo. Premium Avg. Monthly Premium
Progressive $515 $87
Erie $521 $88
State Farm $581 $98
North Carolina Farm Bureau $800 $135
Nationwide $1436 $242
Farm Bureau $1812 $308
Allstate $2739 $461
Penn National $503 $86
Farmers $540 $90

Bolivia Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Bolivia NC. For example, the car insurance in Bolivia after a DUI increases to $1885 for a six month policy. While the rate increases by $225 for a six-month policy in the case of a speeding ticket.  

Bolivia auto insurance quotes by violations

Accident/Violation Avg. 6 Mo Premium Avg. Monthly Premium
None $581 $97
One Med/PIP claim $581 $99
Not-at-fault accident $588 $98
One comp claim $600 $102
Two Med/PIP claims $600 $100
Two comp claims $618 $105
Failure to show documents $684 $114
Child safety restraint $758 $129
Driving without lights $758 $126
Failure to wear a seat belt $758 $129
Cell phone violation $800 $134
Texting while driving $800 $136
Speeding 6 - 10 MPH over limit $806 $135
Driving with expired registration $812 $138
Driving too slowly $824 $138
Failure to stop at a red light $824 $140
Failure to yield $824 $138
Illegal turn $824 $140
Open container $824 $138
Operating a vehicle without permission $824 $140
Wrong way/wrong lane $824 $138
Speeding in school zone $830 $141
At-fault accident - $1000-$2000 $836 $140
At-fault accident - less than $1000 $836 $142
In 65 MPH zone $884 $148
Speeding 11 - 15 MPH over limit $884 $150
Speeding 16 - 20 MPH over limit $884 $148
Speeding 21 - 25 MPH over limit $884 $150
Improper passing $903 $151
Following too closely $909 $155
At-fault accident - greater than $2000 $975 $162
Passing school bus $1109 $189
Reckless driving $1121 $187
Driving with a suspended license $1733 $295
Leaving scene of an accident/hit and run $2436 $406
Refusal to submit to a chemical test $2460 $418
DUI $2466 $411
Racing $2508 $426

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Bolivia after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Bolivia.

The cheapest car insurance premiums in Bolivia are offered by National General at $418 for a six-month policy. However, it can be as expensive as $1387 with companies like Farmers.

Bolivia car insurance quotes with a DUI

Company Avg. 6 Mo. Premium Avg. Monthly Premium
National General $418 $71
Progressive $1345 $226
State Farm $1496 $252
Erie $1587 $267
Nationwide $2975 $501
North Carolina Farm Bureau $3283 $553
Allstate $6313 $1063
Farm Bureau $6780 $1130
Farmers $1387 $232

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Bolivia are offered by North Carolina Farm Bureau at $194. However, it can be as expensive as $2114 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Bolivia after Speeding ticket

Company Avg. 6 Mo. Premium Avg. Monthly Premium
North Carolina Farm Bureau $194 $33
National General $406 $69
Erie $412 $69
State Farm $443 $74
Progressive $460 $78
Nationwide $830 $140
Farm Bureau $1521 $253
Allstate $2114 $359

Car Insurance Price Trends in Bolivia, North Carolina

Car insurance rates in Bolivia have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Bolivia remained steady at $116 in both November and October, indicating no change over the two month period.

The average cost of liability insurance in the Bolivia remained steady at $56 in both November and October, indicating no change over the two month period.


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Frequently Asked Questions

How much is car insurance in Bolivia?

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The car insurance in Bolivia is $31 per month, which is lower than the national average.

What is the cheapest car insurance in Bolivia?

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The cheapest car insurance in Bolivia is $69 per month for full coverage.

How much is car insurance in Bolivia for teenagers?

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Car insurance for teenagers costs $533 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Bolivia?

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The average cost of car insurance is $902 for a six-month policy. It will cost around $155 per month to insure your car in Bolivia.

Is car insurance expensive in Bolivia?

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Car insurance can be expensive in Bolivia if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Bolivia can be affordable.

What is the best car insurance in Bolivia, NC?

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The best car insurance company in Bolivia NC is Erie, offering $412 for a six-month policy.

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