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 insurance. Comprehensive insurance costs on average $146 each year, collision costs $208, and liability insurance costs $574. Liability-only coverage costs as little as $638 a year, with high-risk coverage costing $2,434 or more. 16-year-old drivers cost the most to insure at $4,690 a year or more.

Average premium for full coverage: $1,128

Policy rates by type of insurance:

Rates are based on $500 physical damage deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 states and Cobalt models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. Rural areas are shown to have lower incidents of physical damage claims than congested cities.

The graphic below illustrates how geographic area affects car insurance rates.

The examples above illustrate why all drivers should compare rates based on a specific location, rather than relying on rate averages.

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

Rates by State, City, and Model

The chart below illustrates estimated Chevrolet Cobalt insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $693
• Drivers who choose higher $1,000 deductibles will pay around $82 each year
• The estimated price for a good driver age 40 with $500 deductibles is $1,128
• Buying low deductibles for comprehensive and collision insurance will cost an additional $154 a year
• High risk drivers with multiple tickets or accidents could pay upwards of $2,434 or more
• Policy cost that insures a teen driver may cost $4,690 a year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you are probably paying at a minimum $1,300 to $1,900 additional every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 41% to 128% more than the average rate. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay upwards of $4,600 a year. View Rates by Age

Your home state 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 Vermont, Wisconsin, and North Carolina, or at least $1,520 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $240 each year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $516 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out exactly what you will pay is to do a rate comparison from as many companies as possible. Every company utilizes a different rate formula, and rates will be varied.

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 the Best Cheap Chevrolet Cobalt Insurance

Finding cheaper rates on Chevrolet Cobalt insurance not only requires being a safe and courteous driver, but also having a good credit score, being claim-free, and insuring your home and auto with the same company. Comparison shop every time your policy renews by quoting rates from direct insurance companies, and also from your local independent and exclusive agents.

Below is a quick review of the information presented in the illustrations above.

• It is possible to save as much as $120 per year simply by quoting online in advance
• Teenage drivers pay higher rates, possibly costing $391 each month if comprehensive and collision insurance is included
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• High-risk drivers with a DUI or reckless driving violation may pay on average $1,310 more each year for auto insurance
• Drivers who require higher levels of liability will pay around $630 annually to go from a 30/60 limit to the 250/500 level

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