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 costs approximately $146, collision costs $208, and liability is estimated at $574. Liability-only insurance costs approximately $638 a year, with high-risk driver insurance costing around $2,434. Teens 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:

These estimates include $500 deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for different Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates the effect of geographic area on auto insurance prices.

The examples above highlight why anyone shopping for car insurance should get quotes using their specific location and their own personal driving habits, instead of making a decision based on averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $693
• Choosing higher $1,000 deductibles can save $82 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,128
• Selecting more expensive low deductibles for comp and collision coverage will cost $1,282
• Higher-risk drivers with serious driving violations could pay around $2,434 or more
• Policy cost with full coverage for a 16-year-old driver with full coverage can cost $4,690 each year

View Chart as Image

Auto 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.

An older driver with a good driving record and high physical damage deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have 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 in extra premium every year, depending on your age. High-risk driver insurance ranges from 41% to 128% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can save as much as $240 annually, while increasing your policy's liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $516 extra every year. View Rates by Deductible or Liability Limit

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 $860 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,610 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to compare rates from multiple companies. Each auto insurer calculates rates differently, and quoted rates will be varied between companies.

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 takes not taking risks behind the wheel, having above-average credit, paying for small claims out-of-pocket, and not having any coverage lapses. Take the time to compare rates at least once a year by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following is a brief summary of the primary concepts that were covered in the above illustrations.

• You may be able to save around $120 per year simply by shopping early and online
• Drivers considered higher risk that tend to have accidents or serious violations may have to pay on average $1,310 more per year for Cobalt insurance
• Increasing comprehensive and collision deductibles could save up to $225 each year
• Teens have the highest car insurance rates, with premiums being up to $391 each month if full coverage is included

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