Chevrolet Cobalt Insurance Rates

How much does a Chevy Colbat cost to insure compared to other vehicles? Average Chevrolet Cobalt insurance rates are $1,342 a year or $111 a month. Rates may be slightly different among model years and build, such as 2010 Chevy Cobalt insurance rates versus rates for a 2007 Chevy Cobalt with customized parts.

To start shopping for the best Chevrolet Cobalt insurance rates in your area, enter your ZIP code in our free tool above.

Average insurance rates for a Chevrolet Cobalt are $1,148 a year including full coverage. Comprehensive insurance costs on average $148, collision insurance costs $214, and liability insurance is estimated at $586. Buying just liability costs approximately $646 a year, and insurance for high-risk drivers costs $2,474 or more. Teenage drivers receive the highest rates at up to $4,766 a year.

Average premium for full coverage: $1,148

Rate estimates by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 U.S. states and for different Cobalt trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on car insurance rates. Rural areas tend to have a lower frequency of comprehensive and collision claims than densely populated cities. The price range example below illustrates the effect of geographic area on car insurance rates.

These examples highlight why anyone shopping for car insurance should get quotes based on a specific location and risk profile, rather than relying on average rates.

Use the form below to get customized rates for your location.

Rates by State, City, and Model

The chart below breaks down average Chevrolet Cobalt insurance rates for different risk profiles and scenarios.

• The best discount rate is $705
• Choosing higher $1,000 deductibles can save around $84 every year
• The average rate for a 40-year-old driver with $500 deductibles is $1,148
• Using more expensive low deductibles for comp and collision coverage will cost an extra $156 a year
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,474
• The cost for full coverage for a teen driver with full coverage may cost $4,766 each year

View Chart as Image

Auto insurance rates for a Chevrolet Cobalt can also vary considerably based on your driver profile, the model of your Cobalt, and policy deductibles and limits.

An older driver with a good driving record and high deductibles could pay as little as $1,100 annually on average for full coverage. Rates are much higher for teen drivers, where even good drivers will have to pay upwards of $4,700 a year. View Rates by Age

Where you live plays a big part in determining prices for Chevrolet Cobalt insurance rates. A good driver about age 40 could pay as low as $880 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,640 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles can save as much as $240 each year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost as much as $528 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at a minimum $1,400 to $2,000 in extra premium per year, depending on your age. High-risk driver insurance ranges anywhere from 42% to 136% more than a normal policy. View High Risk Driver Rates

Insurance Rates by Trim Level and Model Year

Rates assume 2009 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheap Chevrolet Cobalt Insurance

Saving money on Chevrolet Cobalt insurance takes avoiding accidents and violations, having good credit, not filing small claims, and deciding if full coverage is necessary. Take the time to compare rates every couple of years by getting quotes from direct car insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The list below is a brief summary of the material that was covered in the above illustrations.

• Drivers who require higher liability limits will pay an extra $650 per year to raise limits from a minimum limit to 250/500 limits
• Teenagers are charged the highest rates, as much as $397 per month if they have full coverage
• High-risk drivers that tend to have accidents or serious violations may pay on average $1,330 more each year for car insurance
• Increasing deductibles can save around $250 each year

Using a rate comparison tool will help you find the best Chevy Cobalt insurance rates, regardless of if you are shopping for Cobalt SS insurance rates or trying to find out how much does a 2006 Chevy Cobalt cost to insure.

Wondering how to find rates for a Chevrolet Cobalt near me? Use our free tool below.

What are the safety ratings of the Chevrolet Cobalt?

The Chevrolet Cobalt is not up to date on a number of advanced safety features, such as rearview cameras, and only has basic safety features like anti-lock brakes and child locks. This lack of safety features can have an impact on the Chevrolet Cobalt safety ratings.

The Insurance Institute for Highway Safety (IIHS) has only done limited testing on the 2010 Chevrolet Cobalt Coupe.

• Moderate overlap front: Good
• Side: Acceptable
• Head restraints and seats: Acceptable

An old Chevy Cobalt may have even worse safety ratings, due to fewer safety features and advancements in the vehicle. The video below shows how the IIHS crash-tested the Chevrolet Cobalt.

Chevrolet Cobalt Compared Against Other Vehicles in the Same Class

The Chevrolet Cobalt is a small, two-door car. Generally, small cars don’t have high liability rates unless they are prone to crashing, as they can’t inflict as much damage to other vehicles as larger cars. The list below is of other small, two-door cars, so you can see how the Chevrolet Cobalt’s insurance rates compare.

• Honda Civic Insurance Rates
• Honda CR-Z Insurance Rates
• Kia Forte Insurance Rates

Use our free rate comparison tool to find the best Chevrolet Cobalt insurance rates in your area.

References

1. https://www.iihs.org/ratings/vehicle/Chevrolet/cobalt-2-door-coupe/2010