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 for full coverage insurance. Comprehensive costs on average $146 a year, collision insurance costs $208, and liability costs around $574. Liability-only insurance costs as low as $638 a year, and high-risk driver insurance costs around $2,434. 16-year-old drivers cost the most to insure at up to $4,690 a year.

Average premium for full coverage: $1,128

Policy rates by type of insurance:

Includes $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all 50 states and Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on insurance rates. Rural areas are shown to have more infrequent physical damage claims than congested cities. The diagram below illustrates how location helps determine car insurance rates.

The examples above illustrate why it is important to compare prices based on a specific location and their own driving history, instead of using rate averages.

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

Rates by State, City, and Model

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

• The best full coverage rate is $693
• Using higher $1,000 deductibles will save around $1,046 each year
• The average price for a good driver age 40 with $500 deductibles is $1,128
• Buying low $100 deductibles for physical damage coverage increases the price to $1,282
• Drivers with multiple tickets or accidents could pay upwards of $2,434
• Policy cost to insure a teen driver may cost $4,690 or more

View Chart as Image

Auto insurance rates for a Chevrolet Cobalt also range considerably based on liability limits and deductibles, your risk profile, and the trim level of your Cobalt.

Opting for high physical damage deductibles could cut rates by as much as $240 every year, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $516 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as little as $1,100 a year, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will have to pay upwards of $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 are probably paying at a minimum $1,300 to $1,900 in extra premium every year, depending on your age. A high-risk auto insurance policy can be as much as 41% to 128% more than the average rate. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Cobalt insurance prices. A driver around age 40 might see rates 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

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 Cheapest Chevrolet Cobalt Insurance

Finding cheaper rates on car insurance requires avoiding accidents and claims, having a good credit score, being claim-free, and deciding if full coverage is necessary. Invest time comparing rates every couple of years by quoting rates from direct insurance companies, and also from several local insurance agents.

The points below are a recap of the material that was covered in the charts and tables above.

• Policyholders who require increased liability limits will pay around $630 annually to increase from a 30/60 limit to a 250/500 level
• Drivers under the age of 20 are charged the highest rates, possibly costing $391 each month if comprehensive and collision insurance is included
• Higher risk drivers that have major violations or accidents pay on average $1,310 more each year to insure a Chevrolet Cobalt
• Increasing comprehensive and collision deductibles could save as much as $225 each year

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