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.

Average auto insurance rates for a Chevrolet Cobalt are $1,080 annually including full coverage. Comprehensive costs approximately $132 a year, collision costs $190, and liability insurance costs $558. A liability-only policy costs as little as $624 a year, with high-risk insurance costing around $2,322. Teenage drivers receive the highest rates at $4,514 a year or more.

Average premium for full coverage: $1,080

Rate estimates by individual coverage type:

Rate estimates include $500 physical damage deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and Cobalt trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on car insurance prices. Rural locations tend to have fewer comprehensive and collision claims than densely populated cities.

The diagram below illustrates the effect of geographic area on auto insurance prices.

These examples highlight why it is important to compare rates using their specific location and their own personal driving habits, rather than relying on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $668
• Drivers who choose higher $1,000 deductibles will pay $1,006 every year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,080
• Using low $100 deductibles for comprehensive and collision insurance will cost $1,218
• High risk drivers who are prone to accidents and violations could pay around $2,322 or more
• The cost with full coverage for a teen driver can cost $4,514 a year

View Chart as Image

Insurance rates for a Chevrolet Cobalt can also vary considerably based on the trim level of your Cobalt, your driving characteristics, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high physical damage deductibles could pay as little as $1,000 per year on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay in the ballpark of $4,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying anywhere from $1,300 to $1,900 extra per year, depending on your age. A high-risk auto insurance policy can cost anywhere from 42% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $220 each year, while buying higher liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $502 more per year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Chevrolet Cobalt insurance rates. A 40-year-old driver could pay as low as $830 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,540 on average in Louisiana, New York, and Michigan.

View Chart as Image

With so much variability in rates, the best way to figure out who has the best auto insurance rates is to get quotes from as many companies as possible. Every company uses a different method to calculate rates, so the rates can be significantly different between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2005 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 the Best Chevrolet Cobalt Insurance

Saving money on Chevrolet Cobalt insurance not only requires being a safe and courteous driver, but also having a good credit history, not filing small claims, and maximizing policy discounts. Take the time to compare rates at every policy renewal by requesting rates from direct car insurance companies like Progressive and GEICO, and also from local insurance agencies.

Below is a brief recap of the data covered in the above illustrations.

• Drivers who purchase higher levels of liability will pay an extra $610 per year to go from a minimum limit to higher 250/500 limits
• You may be able to save around $120 per year simply by quoting early and online
• Increasing deductibles could save up to $200 each year
• Teenage drivers are expensive to insure, as much as $376 per month including comprehensive and collision insurance

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