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 insurance rates for a Chevrolet Cobalt are $1,128 a year for full coverage insurance. Comprehensive insurance costs an estimated $146 a year, collision costs $208, and liability coverage costs $574. A policy with just liability insurance costs as little as $638 a year, with coverage for high-risk drivers costing $2,434 or more. Teens receive the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,128

Rate estimates broken down by individual coverage type:

Full coverage includes $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 states and Cobalt trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than cities with more traffic congestion.

The diagram below illustrates how your location can change insurance prices.

These examples illustrate why it is important to compare rates for a targeted area and risk profile, rather than using averaged prices.

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

Rate Comparisons

The chart below illustrates estimated Chevrolet Cobalt insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $693
• Drivers who choose higher $1,000 deductibles will pay approximately $1,046 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,128
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an extra $154 each year
• High-risk insureds with serious driving violations could pay up to $2,434 or more
• The cost for full coverage for a teenage driver can cost as much as $4,690 a year

View Chart as Image

Insurance rates for a Chevrolet Cobalt can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles may only pay around $1,100 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $4,600 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Cobalt insurance rates. A 40-year-old driver could pay as low as $740 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,520 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $240 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $516 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,300 to $1,900 additional per year, depending on your age. A high-risk auto insurance policy can cost around 41% to 128% more than the average policy. View High Risk Driver Rates

With so much variability in rates, the only way to figure out which company is cheapest is to get quotes and see how they stack up. Every company calculates rates differently, and rates can be significantly different from one company to the next.

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 More Affordable Chevrolet Cobalt Insurance

Saving money on auto insurance not only requires having a decent driving record, but also having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to shop around at least once a year by requesting rates from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

The following items are a summary of the primary concepts that were illustrated above.

• It is possible to save approximately $120 per year simply by quoting early and online
• Drivers who have multiple accidents or major violations pay on average $1,310 more annually than a driver with a clean driving record
• Increasing deductibles can save around $225 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $391 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