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 auto insurance rates for a Chevrolet Cobalt are $1,128 annually with full coverage. Comprehensive costs an estimated $146, collision insurance costs $208, and liability costs around $574. Liability-only coverage costs as low as $638 a year, and high-risk coverage costs around $2,434. Teenage drivers cost the most to insure at up to $4,690 a year.

Average premium for full coverage: $1,128

Policy rates broken down by type of insurance:

Estimates include $500 physical damage deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and for different Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance rates. More rural locations are shown to have fewer collision claims than densely populated cities. The price range example below illustrates how geographic area affects insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare prices for a targeted area and their own personal driving habits, instead of using average rates.

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

Additional Rate Details

The chart below details average Chevrolet Cobalt insurance rates for other coverage scenarios.

• The best discount rate is $693
• Using higher $1,000 deductibles will save approximately $82 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,128
• Using more expensive low deductibles for physical damage coverage will cost $1,282
• Drivers who are prone to accidents and violations could pay up to $2,434
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $4,690 or more

View Chart as Image

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

An older driver with no violations or accidents and high physical damage deductibles may pay as little as $1,100 a year, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay at least $4,600 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out $1,300 to $1,900 additional every year, depending on your age. High-risk driver insurance can be as much as 41% to 128% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $240 every year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $516 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Chevrolet Cobalt insurance prices. A driver around age 40 might see rates as low as $810 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,520 on average in New York, Michigan, and Florida.

View Chart as Image

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 Buy Low Cost Chevrolet Cobalt Insurance

Finding cheaper rates on car insurance requires being a safe and courteous driver, having good credit, not filing small claims, and possibly raising deductibles. Invest the time to compare rates at least once a year by obtaining price quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a review of the primary concepts that were presented in the illustrations above.

• You may be able to save approximately $120 per year just by shopping early and online
• Higher risk drivers who have several accidents or serious violations pay on average $1,310 more annually for auto insurance
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Teenage drivers are expensive to insure, as much as $391 each month if they have full coverage

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