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 $1,182 annually for full coverage insurance. Comprehensive costs around $152 a year, collision costs $238, and liability costs $592. Buying just liability costs as little as $652 a year, with insurance for high-risk drivers costing around $2,556. Teenage drivers cost the most to insure at $4,892 a year or more.

Average premium for full coverage: $1,182

Policy rates for type of insurance:

Prices include $500 deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. Areas with sparse population are shown to have fewer physical damage claims than densely populated cities.

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

The examples above illustrate why it is important to compare rates for a specific zip code and their own personal driving habits, instead of using average rates.

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

Detailed Rate Analysis

The chart below illustrates estimated Chevrolet Cobalt insurance rates for additional coverage choices and driver risks.

• The best discount rate is $718
• Drivers who choose higher $1,000 deductibles will pay about $1,094 each year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,182
• Using low $100 deductibles for comprehensive and collision insurance will cost $1,354
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,556 or more
• Policy cost with full coverage for a teen driver can be $4,892 a year

View Chart as Image

Insurance rates for a Chevrolet Cobalt also range considerably based on the model year and trim level, your risk profile, and deductibles and policy limits.

Older drivers with a clean driving record and high physical damage deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay as much as $4,800 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying at least $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 41% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $260 every year, while buying higher liability limits will increase rates. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $533 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Cobalt insurance prices. A 40-year-old driver could pay as low as $770 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,590 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out your exact price is to get quotes and see which company has the best rate. Every company uses a different method to calculate rates, so the 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 the Right Chevrolet Cobalt Insurance

Finding cheaper rates on car insurance not only requires not taking risks behind the wheel, but also having a good credit history, being claim-free, and insuring your home and auto with the same company. Take the time to compare rates at every policy renewal by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a quick rundown of the data covered in the above illustrations.

• Policyholders who may need higher liability limits will pay an extra $650 annually to go from a 30/60 limit to higher 250/500 limits
• It is possible to save up to $130 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $250 each year
• Teens pay higher rates, possibly costing $408 each 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