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.

Estimated insurance rates for a Chevrolet Cobalt are $1,148 a year including full coverage. Comprehensive costs an estimated $148 each year, collision insurance costs $214, and liability insurance is $586. Liability-only insurance costs around $646 a year, and high-risk driver insurance costs around $2,474. Teenage drivers pay the most at up to $4,766 a year.

Average premium for full coverage: $1,148

Premium estimates broken down by type of coverage:

Full coverage includes $500 policy deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Cobalt models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on the price of auto insurance. More rural locations are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how geographic area affects insurance prices.

These rate differences highlight why all drivers should compare rates quotes for a targeted area, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $705
• Raising to $1,000 deductibles will save approximately $84 every year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,148
• Using low deductibles bumps up the cost to $1,304
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,474
• An auto insurance policy that insures a teen driver can cost as much as $4,766

View Chart as Image

Insurance prices for a Chevrolet Cobalt also have a wide range based on the trim level and model year, your driving record and age, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are likely paying $1,400 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 42% to 136% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay at least $4,700 a year. View Rates by Age

Where you choose to live also has a big influence on Chevrolet Cobalt insurance rates. A middle-age driver might find prices as low as $880 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,640 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $240 each year, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $528 more each year. View Rates by Deductible or Liability Limit

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 More Affordable Chevrolet Cobalt Insurance

Finding better rates on Chevrolet Cobalt insurance consists of avoiding accidents and claims, having a good credit score, refrain from filing small claims, and possibly raising deductibles. Compare prices at every other renewal by getting quotes from direct car insurance companies, and also from your local car insurance providers.

The points below are a summary of the concepts that were presented in the illustrations above.

• High-risk drivers who have multiple accidents or major violations could be charged and average of $1,330 more annually to insure a Chevrolet Cobalt
• Drivers under the age of 20 are expensive to insure, with the cost nearing $397 per month if comprehensive and collision insurance is included
• You may be able to save approximately $130 per year just by quoting online in advance
• Increasing policy deductibles can save approximately $250 each year
• You may be able to save approximately $130 per year just by quoting online in advance

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