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 insurance costs an estimated $148 a year, collision insurance costs $214, and liability coverage is estimated at $586. Liability-only coverage costs approximately $646 a year, and high-risk coverage costs $2,474 or more. Teen drivers cost the most to insure at up to $4,766 a year.

Average premium for full coverage: $1,148

Policy rates broken down by type of insurance:

Price estimates include $500 deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all states and Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on insurance rates. More rural locations are shown to have lower incidents of accident claims than larger metro areas. The diagram below illustrates how rural and urban location affects insurance prices.

The examples above show why it is important to get quotes for a targeted area, rather than using price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $705
• Choosing higher $1,000 deductibles can save approximately $1,064 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,148
• Choosing low $100 deductibles for comp and collision coverage will cost an additional $156 each year
• Drivers with multiple violations and an at-fault accident could pay up to $2,474
• Policy cost that insures a teenage driver can cost as much as $4,766 each year

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 ranges around 42% to 136% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 annually 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 at least $4,700 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Cobalt insurance rates. A good driver about age 40 could pay as low as $760 a year in states like Iowa, Maine, and Idaho, or as much as $1,640 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles can save 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

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 Cheaper Chevrolet Cobalt Insurance

Finding cheaper rates on auto insurance takes not taking risks behind the wheel, having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Shop around once a year by requesting rates from direct carriers, and also from your local independent and exclusive agents.

The following is a condensed summary of the data that was raised in the charts and tables above.

• Drivers can save approximately $130 per year just by quoting early and online
• Consumers who want higher liability limits will pay about $650 each year to raise limits from a 30/60 limit to the 250/500 level
• Teens are expensive to insure, costing up to $397 each month if comprehensive and collision insurance is included
• Drivers with multiple at-fault accidents may pay on average $1,330 more annually for Cobalt 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