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 auto insurance rates for a Chevrolet Cobalt are $1,148 annually including full coverage. Comprehensive insurance costs on average $148 a year, collision insurance costs $214, and liability is estimated at $586. Liability-only coverage costs approximately $646 a year, and high-risk coverage costs $2,474 or more. Teenage drivers pay the highest rates at up to $4,766 a year.

Average premium for full coverage: $1,148

Price estimates by individual coverage:

Rates are based on $500 comprehensive and collision deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 U.S. states and Cobalt trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on car insurance rates. Rural areas have fewer comprehensive and collision claims than densely populated cities. The diagram below illustrates how geographic area affects car insurance rates.

The ranges above highlight why it is important to get quotes based on a specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $705
• Choosing higher $1,000 deductibles can save around $1,064 every year
• The estimated rate for the average middle-age driver with $500 deductibles is $1,148
• Using low $100 deductibles for comp and collision coverage costs an additional $156 annually
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,474
• The price with full coverage for a 16-year-old driver may cost $4,766 each year

View Chart as Image

Auto insurance prices for a Chevrolet Cobalt are also quite variable based on the trim level and model year, your driving characteristics, and policy deductibles and limits.

Older drivers with a good driving record and high physical damage deductibles may pay as low as $1,100 annually on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they will have to pay upwards of $4,700 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying at a minimum $1,400 to $2,000 in extra premium each year, depending on your age. A high-risk auto insurance policy ranges from 42% to 136% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $240 annually, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $528 extra every year. View Rates by Deductible or Liability Limit

The state you live in plays a big part in determining prices for Chevrolet Cobalt insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,640 on average in Michigan, New York, and Louisiana.

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 Buy the Best Cheap Chevrolet Cobalt Insurance

Getting lower rates on insurance for a Chevrolet Cobalt takes avoiding accidents and violations, having above-average credit, being claim-free, and deciding if full coverage is necessary. Invest the time to compare rates every couple of years by quoting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a quick review of the material that was presented in the illustrations above.

• Insureds who require higher liability limits will pay an extra $650 per year to raise limits from a low limit to higher 250/500 limits
• Teenagers are charged the highest prices, possibly costing $397 a month if full coverage is included
• Drivers considered higher risk with a DUI or reckless driving violation pay on average $1,330 more each year for car insurance
• Increasing physical damage deductibles could save up to $250 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