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 $1,148 a year for full coverage. Comprehensive costs an estimated $148 a year, collision costs $214, and liability coverage costs around $586. Liability-only coverage costs as low as $646 a year, with high-risk coverage costing around $2,474. Teens cost the most to insure at $4,766 a year or more.

Average premium for full coverage: $1,148

Policy rates broken down by type of insurance:

Estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all states and Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on insurance rates. More rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects insurance prices.

The examples above show why it is important to compare prices for a targeted area, rather than using averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $705
• Using higher $1,000 deductibles will save approximately $1,064 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,148
• Selecting low $100 deductibles for physical damage coverage bumps up the cost to $1,304
• Higher-risk drivers with serious driving violations could pay up to $2,474 or more
• Policy cost that insures a teenage driver can cost as much as $4,766 or more

View Chart as Image

Insurance rates for a Chevrolet Cobalt also range considerably based on the trim level of your Cobalt, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,400 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy can be around 42% to 136% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $4,700 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Cobalt insurance rates. A driver around age 40 might see rates as low as $760 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,640 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $240 a year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $528 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes and see how they stack up. Each insurance company calculates rates differently, 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 Low Cost Chevrolet Cobalt Insurance

Finding cheaper rates on auto insurance requires being a safe and courteous driver, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Compare rates every time your policy renews by requesting rates from direct carriers, and also from your local independent and exclusive agents.

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

• Drivers can save approximately $130 per year simply by quoting early and online
• Teenage drivers are expensive to insure, costing up to $397 each month if comprehensive and collision insurance is included
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• Drivers who have several accidents or serious violations may pay on average $1,330 more annually for auto insurance
• Consumers who want higher levels of liability will pay approximately $650 each year to increase 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