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 $1,128 a year with full coverage. Comprehensive costs on average $146 a year, collision costs $208, and liability insurance is estimated at $574. Liability-only coverage costs approximately $638 a year, with high-risk coverage costing around $2,434. Teenage drivers cost the most to insure at $4,690 a year or more.

Average premium for full coverage: $1,128

Policy rates by type of insurance:

Price estimates include $500 deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on auto insurance rates. Rural areas are shown to have a lower frequency of collision claims than densely populated cities.

The diagram below illustrates how geographic area affects car insurance rates.

The examples above demonstrate why it is important to get quotes based on a specific location and risk profile, rather than relying on average rates.

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

Rate Comparisons

The chart below details estimated Chevrolet Cobalt insurance rates for different risk profiles and scenarios.

• The best discount rate is $693
• Choosing higher $1,000 deductibles can save around $1,046 annually
• The average rate for a good driver age 40 with $500 deductibles is $1,128
• Using low $100 deductibles for comp and collision coverage will increase the cost to $1,282
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,434 or more
• Policy cost for full coverage for a teen driver may cost $4,690 each year

View Chart as Image

Insurance rates for a Chevrolet Cobalt also range considerably based on your risk profile, the trim level and model year, and policy deductibles and limits.

Older drivers with no violations or accidents and high deductibles could pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay upwards of $4,600 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 $810 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,520 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can save as much as $240 each year, while buying higher liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $516 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,300 to $1,900 additional every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 41% to 128% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to get quotes from as many companies as possible. Each auto insurer uses a different method to calculate rates, and rates will be varied from one company to the next.

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 Chevrolet Cobalt insurance takes not taking risks behind the wheel, having a good credit history, not filing small claims, and insuring your home and auto with the same company. Invest the time to compare rates every couple of years by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following is a condensed summary of the material that was presented in the illustrations above.

• Drivers who require higher liability limits will pay an extra $630 every year to raise limits from a 30/60 limit to 250/500 limits
• Teens pay higher rates, as much as $391 each month including comprehensive and collision insurance
• High-risk drivers with multiple at-fault accidents may be required to pay an average of $1,310 more each year for Cobalt insurance
• Increasing comprehensive and collision deductibles can save around $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