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 $1,128 a year including full coverage. Comprehensive costs around $146, collision costs $208, and liability coverage costs $574. Liability-only coverage costs as little as $638 a year, with high-risk coverage costing around $2,434. Teenage drivers receive the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,128

Rate estimates for individual coverage type:

Rate estimates include $500 policy deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 U.S. states and for all Cobalt models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. Areas with sparse population tend to have lower incidents of comprehensive and collision claims than densely populated cities.

The example below illustrates how geographic area affects auto insurance rates.

These examples highlight why everyone should compare rates for a specific zip code, rather than using average rates.

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

Additional Rate Information

The chart below breaks down estimated Chevrolet Cobalt insurance rates for additional coverage choices and driver risks.

• The best discount rate is $693
• Drivers who choose higher $1,000 deductibles will pay about $82 every year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,128
• Using pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,282
• High-risk insureds who are prone to accidents and violations could pay at least $2,434 or more
• The cost that insures a teenage driver for full coverage can be $4,690 a year

View Chart as Image

Car insurance rates for a Chevrolet Cobalt can also vary considerably based on the model of your Cobalt, your driving record and age, and deductibles and policy limits.

If you like to drive fast or you caused an accident, you are likely paying at least $1,300 to $1,900 extra per year, depending on your age. Chevrolet Cobalt insurance for high-risk drivers can cost around 41% to 128% more than a normal policy. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may only pay around $1,100 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will be charged as much as $4,600 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Cobalt insurance rates. A 40-year-old driver could pay as low as $860 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,610 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could save up to $240 a year, whereas buying more liability protection will increase rates. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $516 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to figure out your exact price is to regularly compare rates and see how they stack up. Every company uses a different method to calculate rates, so rate quotes can be significantly different.

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 the Best Chevrolet Cobalt Insurance

Saving money on auto insurance not only requires being a good driver, but also having a positive credit history, not filing small claims, and qualifying for all possible discounts. Compare prices every time your policy renews by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following list is a brief recap of the information presented in the illustrations above.

• You may be able to save up to $120 per year simply by quoting online well ahead of the renewal date
• Drivers age 16 to 20 are the costliest to insure, as much as $391 per month if full coverage is purchased
• Increasing deductibles can save approximately $225 each year
• Drivers who tend to receive serious violations may have to pay on average $1,310 more every year than a safer driver
• Consumers who may need an increased level of liability coverage will pay an extra $630 per year to go from a minimum limit to the 250/500 level

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