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 including full coverage. Comprehensive insurance costs approximately $146, collision insurance costs $208, and liability costs around $574. Buying just liability costs as low as $638 a year, and insurance for high-risk drivers costs $2,434 or more. Teen drivers cost the most to insure at up to $4,690 a year.

Average premium for full coverage: $1,128

Policy rates by type of insurance:

These estimates include $500 policy deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for all Cobalt models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than larger metro areas. The example below illustrates how rural and urban location affects auto insurance prices.

The examples above highlight why everyone should compare prices using their specific location and their own personal driving habits, instead of making a decision based on price averages.

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

Detailed Rate Analysis

The chart below breaks down average Chevrolet Cobalt insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $693
• Using higher $1,000 deductibles will save $82 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,128
• Choosing pricier low deductibles for physical damage coverage costs an additional $154 annually
• High-risk insureds with multiple violations and an at-fault accident could pay around $2,434
• Policy cost with full coverage for a 16-year-old driver for full coverage can cost $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 characteristics, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high physical damage deductibles may pay as low as $1,100 a year, or $92 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $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 are likely paying anywhere from $1,300 to $1,900 extra every year, depending on your age. Chevrolet Cobalt insurance for high-risk drivers can be from 41% to 128% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $240 annually, whereas buying more liability protection will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $516 more per 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 $860 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,610 on average in Louisiana, New York, and Michigan.

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 Cheap Chevrolet Cobalt Insurance

Finding cheaper rates on insurance for a Chevrolet Cobalt requires avoiding accidents and claims, having a good credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Set aside time to shop around once a year by requesting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The points below are a brief summary of the data that was raised in the charts and tables above.

• You may be able to save around $120 per year just by quoting online well ahead of the renewal date
• Insureds who purchase increased liability limits will pay about $630 per year to increase from a 30/60 limit to higher 250/500 limits
• Drivers under the age of 20 are expensive to insure, with premiums being up to $391 each month including comprehensive and collision insurance
• Drivers considered higher risk that tend to have accidents or serious violations may have to pay on average $1,310 more per year to insure a Chevrolet Cobalt

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