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.

The average insurance rates for a Chevrolet Cobalt are $1,128 a year with full coverage. Comprehensive costs on average $146 each year, collision costs $208, and liability is estimated at $574. Liability-only coverage costs approximately $638 a year, with high-risk coverage costing around $2,434. Teenage drivers cost the most to insure at $4,690 a year or more.

Average premium for full coverage: $1,128

Policy rates by type of insurance:

Estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all U.S. states and Cobalt models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on auto insurance rates. Rural areas are shown to have lower incidents of collision claims than densely populated cities.

The graphic below illustrates how rural and urban location affects car insurance rates.

The examples above demonstrate why all drivers should get quotes based on a specific location, instead of making a decision based on average rates.

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

Additional Rate Information

The chart below details estimated Chevrolet Cobalt insurance rates for different risk profiles and scenarios.

• The best discount rate is $693
• Choosing higher $1,000 deductibles can save around $82 annually
• The estimated price for a good driver age 40 with $500 deductibles is $1,128
• Using low deductibles for comp and collision coverage bumps up the cost to $1,282
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,434 or more
• Policy cost that insures a 16-year-old driver may cost $4,690 each year

View Chart as Image

Insurance rates for a Chevrolet Cobalt also range considerably based on the trim level and model year, your age and driving habits, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at a minimum $1,300 to $1,900 additional every year, depending on your age. Insurance for high-risk drivers ranges from 41% to 128% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay upwards of $4,600 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Cobalt insurance prices. A good driver about age 40 could pay as low as $810 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,520 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can save as much as $240 annually, whereas increasing liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $516 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out exactly what you will pay is to do a rate comparison from multiple companies. Each auto insurer uses a different method to calculate rates, and rates will be varied.

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 Low Cost Chevrolet Cobalt Insurance

Finding cheaper rates on insurance for a Chevrolet Cobalt takes being a low-risk driver, having a good credit score, not filing small claims, and insuring your home and auto with the same company. Compare prices every couple of years by quoting rates from direct companies, and also from several local insurance agents.

The items below are a review of the material that was raised in the charts and tables above.

• Insureds who require more liability coverage will pay an extra $630 every year to raise limits from a 30/60 limit to the 250/500 level
• Teen drivers pay higher rates, as much as $391 each month if comprehensive and collision insurance is included
• Drivers considered higher risk who have several accidents or serious violations pay on average $1,310 more each year to insure their Cobalt
• Increasing comprehensive and collision deductibles can save approximately $225 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