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.

Estimated insurance rates for a Chevrolet Cobalt are $1,148 a year with full coverage. Comprehensive costs an estimated $148 a year, collision costs $214, and liability insurance is estimated at $586. Liability-only insurance costs approximately $646 a year, with high-risk driver insurance costing around $2,474. 16-year-old drivers pay the most at $4,766 a year or more.

Average premium for full coverage: $1,148

Premium estimates broken down by type of coverage:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all U.S. states and Cobalt trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on car insurance rates. More rural locations are statistically proven to have a lower frequency of collision claims than congested cities.

The diagram below illustrates the effect of geographic area on insurance prices.

These rate differences demonstrate why it is important to get quotes for a targeted area and risk profile, rather than relying on rate averages.

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

More Rate Information

The chart below details estimated Chevrolet Cobalt insurance rates for other coverage scenarios.

• The best full coverage rate is $705
• Choosing higher $1,000 deductibles can save approximately $1,064 annually
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,148
• Buying low $100 deductibles for comp and collision coverage will increase the cost to $1,304
• High-risk insureds with multiple tickets or accidents could pay up to $2,474 or more
• An auto insurance policy for full coverage for a teen driver can cost as much as $4,766 each year

View Chart as Image

Insurance prices for a Chevrolet Cobalt also have a wide range based on your driving characteristics, the trim level and model year, and liability limits and deductibles.

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. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay at least $4,700 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Chevrolet Cobalt insurance rates. A good driver about age 40 could pay as low as $830 a year in states like Utah, Ohio, and New Hampshire, or at least $1,550 on average in New York, Michigan, and Florida.

View Chart as Image

Opting for high physical damage deductibles can save as much as $240 each year, while buying higher liability limits will increase premiums. Moving from a 50/100 limit to a 250/500 limit will cost up to $528 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out $1,400 to $2,000 additional annually, depending on your age. A high-risk auto insurance policy ranges anywhere from 42% to 136% more than the average rate. View High Risk Driver Rates

With such a large range in prices, the best way to find out which insurance company is cheapest is to get quotes from as many companies as possible. Each auto insurer utilizes a different rate formula, and prices will be substantially 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 Low Cost Chevrolet Cobalt Insurance

Finding better rates on Chevrolet Cobalt insurance takes avoiding accidents and claims, having a good credit history, being claim-free, and maximizing policy discounts. Take the time to compare rates at least once a year by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The points below are a review of the primary concepts that were covered in the above illustrations.

• You may be able to save approximately $130 per year simply by quoting early and online
• High-risk drivers who have several accidents or serious violations may pay on average $1,330 more annually to insure a Chevrolet Cobalt
• Increasing policy deductibles can save around $250 each year
• Drivers under the age of 20 are expensive to insure, possibly costing $397 per month including comprehensive and collision 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