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 for full coverage. Comprehensive insurance costs on average $146, collision insurance costs $208, and liability is estimated at $574. A liability-only policy costs approximately $638 a year, and high-risk insurance costs $2,434 or more. Teens 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 deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and for all Cobalt models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than cities with more traffic congestion. The example below illustrates how location helps determine car insurance rates.

The examples above show why everyone should get quotes based on a specific location and risk profile, instead of using averaged prices.

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

Additional Charts and Tables

The chart below shows average Chevrolet Cobalt insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $693
• Choosing higher $1,000 deductibles can save around $82 a year
• The average rate for a good driver age 40 with $500 deductibles is $1,128
• Selecting pricier low deductibles for comp and collision coverage will cost an extra $154 every year
• Unlucky drivers with serious driving violations could pay upwards of $2,434
• Policy cost for full coverage for a teen driver for full coverage may cost $4,690 each year

View Chart as Image

Car insurance rates for a Chevrolet Cobalt also range considerably based on your risk profile, the trim level of your Cobalt, and policy deductibles and limits.

A more mature driver with no driving violations and high deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged 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 $750 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,610 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $240 every year, whereas buying more liability protection will cost you more. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $516 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at a minimum $1,300 to $1,900 extra every year, depending on your age. Chevrolet Cobalt insurance for high-risk drivers ranges as much as 41% to 128% more than the average policy. View High Risk Driver Rates

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 Cheap Chevrolet Cobalt Insurance

Finding cheaper rates on car insurance takes not taking risks behind the wheel, having above-average credit, avoid buying unnecessary coverage, and possibly raising deductibles. Invest time comparing rates at every policy renewal by requesting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

The following is a brief summary of the data covered in the charts and tables above.

• Policyholders who require higher liability limits will pay approximately $630 each year to raise limits from a 30/60 limit to 250/500 limits
• Drivers can save as much as $120 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $225 each year
• Teens are expensive to insure, costing 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