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 prices for a Chevrolet Cobalt are $1,128 every 12 months with full coverage. Comprehensive insurance costs an estimated $146 each year, collision insurance costs $208, and liability coverage is estimated at $574. Buying just liability costs approximately $638 a year, and insurance for high-risk drivers costs $2,434 or more. Teenage drivers cost the most to insure at up to $4,690 a year.

Average premium for full coverage: $1,128

Policy rates broken down by type of insurance:

Prices include $500 physical damage deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and Cobalt models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. More rural locations are shown to have more infrequent collision claims than densely populated cities. The graphic below illustrates the effect of geographic area on insurance prices.

The examples above demonstrate why all drivers should get quotes for a targeted area and their own driving history, rather than using average rates.

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

Additional Charts and Tables

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

• The best discount rate is $693
• Choosing higher $1,000 deductibles can save approximately $82 annually
• The average price for a good driver age 40 who has $500 deductibles is $1,128
• Using low deductibles for comp and collision coverage costs an extra $154 each year
• Drivers who are prone to accidents and violations could pay up to $2,434
• Policy cost to insure a teenage driver can cost as much as $4,690 each year

View Chart as Image

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

Using high physical damage deductibles can save as much as $240 a year, whereas increasing liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $516 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay at least $4,600 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out $1,300 to $1,900 extra every 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

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 $810 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,520 on average in New York, Michigan, and Florida.

View Chart as Image

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 Shop for the Right Chevrolet Cobalt Insurance

Finding cheaper rates on auto insurance takes being a safe and courteous driver, having good credit, not filing small claims, and deciding if full coverage is necessary. Take the time to compare rates at every policy renewal by requesting rates from direct companies, and also from your local independent and exclusive agents.

Below is a quick rundown of the data covered in the above illustrations.

• Consumers who want higher levels of liability will pay an extra $630 every year to raise limits from a 30/60 limit to a 250/500 level
• You may be able to save approximately $120 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $225 each year
• Teenage drivers are charged the highest rates, as much as $391 each month if they have full coverage

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