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.

U.S. average insurance rates for a Chevrolet Cobalt are $1,128 a year including full coverage. Comprehensive costs approximately $146 a year, collision insurance costs $208, and liability costs around $574. Buying just liability costs as low as $638 a year, and insurance for high-risk drivers costs around $2,434. Teenage drivers pay the highest rates at up to $4,690 a year.

Average premium for full coverage: $1,128

Price estimates by individual coverage:

Includes $500 deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Cobalt trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on car insurance prices. Rural locations have lower incidents of comprehensive and collision claims than densely populated cities. The diagram below illustrates how geographic area affects auto insurance prices.

The ranges above highlight why it is important to compare prices using their specific location, instead of making a decision based on average rates.

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

Detailed Rate Analysis

The chart below breaks down average Chevrolet Cobalt insurance rates for additional coverage and risk scenarios.

• The best discount rate is $693
• Using higher $1,000 deductibles will save $1,046 every year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,128
• Using low $100 deductibles for physical damage coverage bumps up the cost to $1,282
• High-risk insureds who are prone to accidents and violations could pay around $2,434
• The price that insures a 16-year-old driver can cost $4,690 or more

View Chart as Image

Insurance prices for a Chevrolet Cobalt are also quite variable based on the trim level of your Cobalt, your driving record and age, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you are likely paying anywhere from $1,300 to $1,900 additional each year, depending on your age. A high-risk auto insurance policy can be from 41% to 128% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,100 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,600 a year. View Rates by Age

The state you live in has a huge impact on Chevrolet Cobalt insurance prices. A driver around age 40 might see prices as low as $860 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,610 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $240 annually, while buying higher liability limits will push prices upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $516 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 the Cheapest Chevrolet Cobalt Insurance

Getting lower rates on insurance for a Chevrolet Cobalt requires not taking risks behind the wheel, having a good credit score, being claim-free, and consideration of higher deductibles. Compare prices every other policy renewal by getting quotes from direct car insurance companies, and also from local auto insurance providers.

The following is a recap of the ideas that were presented in the illustrations above.

• Teens are the costliest to insure, possibly costing $391 a month if comprehensive and collision insurance is included
• Drivers considered higher risk that have major violations or accidents will likely pay on average $1,310 more per year for Cobalt insurance
• Increasing physical damage deductibles can save approximately $225 each year
• You may be able to save around $120 per year just by quoting early and online

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