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.

U.S. average insurance rates for a Chevrolet Cobalt are $1,128 a year for full coverage. Comprehensive insurance costs approximately $146 each year, collision costs $208, and liability coverage is estimated at $574. A policy with just liability insurance costs approximately $638 a year, with coverage for high-risk drivers costing $2,434 or more. Teenage drivers pay the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,128

Price estimates by individual coverage:

These estimates include $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all states and Cobalt models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on car insurance rates. Rural locations have lower incidents of accident claims than densely populated cities.

The graphic below illustrates how geographic area affects auto insurance prices.

The ranges above show why all drivers should get quotes using their specific location, rather than using average rates.

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

Additional Rate Analysis

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

• The best discount rate is $693
• Choosing higher $1,000 deductibles can save $82 a year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,128
• Using low deductibles for comp and collision coverage will cost an additional $154 each year
• Drivers who are prone to accidents and violations could pay around $2,434 or more
• The price that insures a teenage driver can cost $4,690 each year

View Chart as Image

Insurance prices for a Chevrolet Cobalt are also quite variable based on the trim level and model year, how you drive, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you could be paying anywhere from $1,300 to $1,900 extra each year, depending on your age. Insurance for high-risk drivers ranges around 41% to 128% more than a normal policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,100 annually on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records can expect to pay in the ballpark of $4,600 a year. View Rates by Age

The state you live in plays a big part in determining prices for Chevrolet Cobalt insurance rates. A good driver about age 40 could pay as low as $750 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,610 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $240 a year, whereas increasing liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $516 more per year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know who has the cheapest car insurance prices is to do a rate comparison and see how they stack up. Each auto insurer uses a different method to calculate prices, so the prices may be quite different.

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

Getting lower rates on auto insurance takes being a good driver, having above-average credit, eliminating unnecessary coverage, and maximizing policy discounts. Compare prices every year by getting quotes from direct carriers, and also from insurance agencies where you live.

The following list is a brief summary of the coverage data presented in the illustrations above.

• Drivers can save around $120 per year simply by quoting online in advance
• Increasing physical damage deductibles can save approximately $225 each year
• Drivers age 16 to 20 are expensive to insure, with premiums as much as $391 a month if full coverage is included
• Drivers that tend to have accidents or serious violations could be forced to pay on average $1,310 more per year than a safer driver

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