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.

Average insurance rates for a Chevrolet Cobalt are $1,128 a year for full coverage insurance. Comprehensive insurance costs approximately $146, collision costs $208, and liability costs around $574. A policy with just liability insurance costs as low as $638 a year, with coverage for high-risk drivers costing $2,434 or more. Teenage drivers receive the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,128

Rate estimates by individual coverage type:

These estimates include $500 deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and for all Cobalt models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can make a big difference on the price of auto insurance. Rural locations tend to have a lower frequency of physical damage claims than densely populated cities.

The example below illustrates how location helps determine auto insurance prices.

These examples illustrate why everyone should compare prices using their specific location and risk profile, instead of making a decision based on average rates.

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

Additional Charts and Tables

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

• The best discount rate is $693
• Using higher $1,000 deductibles will save $82 each year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,128
• Using pricier low deductibles for physical damage coverage will cost an extra $154 annually
• High-risk insureds who are prone to accidents and violations could pay around $2,434 or more
• The cost for full coverage for a 16-year-old driver for full coverage can cost $4,690 or more

View Chart as Image

Insurance rates for a Chevrolet Cobalt can also vary considerably based on your driver profile, the model year and trim level, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents and high deductibles may pay as low as $1,100 a year for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $4,600 a year. View Rates by Age

Where you live 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 North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,520 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $240 annually, whereas buying more liability protection will push rates upward. Switching from a 50/100 limit to a 250/500 limit will cost as much as $516 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying anywhere from $1,300 to $1,900 additional per year, depending on your age. Chevrolet Cobalt insurance for high-risk drivers can be from 41% to 128% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to figure out who has the best car insurance rates is to regularly compare rates from multiple companies. Each insurance company uses a different method to calculate rates, and rates can be significantly different 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 Cheap Chevrolet Cobalt Insurance

Saving money on insurance for a Chevrolet Cobalt requires not taking risks behind the wheel, having a good credit history, avoid buying unnecessary coverage, and qualifying for all possible discounts. Invest time comparing rates at every other renewal by getting rate quotes from direct insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.

The following is a brief summary of the concepts that were covered in the charts and tables above.

• Drivers considered higher risk that tend to have accidents or serious violations may pay on average $1,310 more per year for Cobalt insurance
• Teens are the costliest to insure, costing up to $391 per month including comprehensive and collision insurance
• It is possible to save around $120 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles can save around $225 each year
• It is possible to save around $120 per year simply by quoting online well ahead of the renewal date

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