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 including full coverage. Comprehensive costs approximately $146 a year, collision costs $208, and liability coverage is estimated at $574. Liability-only insurance costs approximately $638 a year, with high-risk driver insurance costing around $2,434. 16-year-old 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:

These estimates include $500 deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and Cobalt trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than congested cities.

The diagram below illustrates how your location can change auto insurance prices.

The examples above highlight why it is important to get quotes using their specific location, rather than using rate averages.

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

Rate Comparisons

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

• The best full coverage rate is $693
• Choosing higher $1,000 deductibles can save $1,046 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,128
• Buying low $100 deductibles for comp and collision coverage bumps up the cost to $1,282
• Drivers with multiple tickets or accidents could pay around $2,434 or more
• Policy cost that insures a teenage driver can cost $4,690 each year

View Chart as Image

Auto insurance rates for a Chevrolet Cobalt also range considerably based on the trim level of your Cobalt, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,300 to $1,900 in extra premium every year, depending on your age. A high-risk auto insurance policy ranges around 41% to 128% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will have to pay in the ballpark 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 $860 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,610 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $240 a year, while buying higher liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $516 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to get quotes and see how they stack up. Each auto insurer utilizes a different rate formula, and quoted rates will be varied.

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 Cheap Chevrolet Cobalt Insurance

Finding cheaper rates on auto insurance takes not taking risks behind the wheel, maintaining a good credit score, paying for small claims out-of-pocket, and not having any coverage lapses. Comparison shop once a year by obtaining price quotes from direct car insurance companies, and also from local auto insurance providers.

The following is a brief summary of the data that was illustrated above.

• You may be able to save around $120 per year simply by quoting early and online
• Consumers who purchase higher liability limits will pay around $630 per year to raise limits from a 30/60 limit to the 250/500 level
• Teens have the highest car insurance rates, with premiums being up to $391 each month if the policy includes full coverage
• Drivers that tend to have accidents or serious violations will likely pay on average $1,310 more per year for Cobalt insurance

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