How Much Does 2010 Chevrolet Cobalt Insurance Cost?

Want lower car insurance rates for your Chevrolet Cobalt? Are you a victim of high-priced car insurance? Believe me, there are a lot of people just like you who feel imprisoned by their car insurance policy.

With consumers having so many insurance companies to choose from, it can be challenging to find the best company.

It’s a good idea to do rate comparisons occasionally since insurance rates are adjusted regularly by insurance companies. Just because you had the lowest rates for Cobalt insurance two years ago there may be better deals available now. Forget all the misinformation about car insurance because we’re going to demonstrate one of the easiest ways to save money, get proper deductibles and limits, all at the lowest rate.

Be sure to get all your discounts

Companies offering auto insurance don’t always publicize all their discounts in a way that’s easy to find, so we break down both well-publicized as well as the least known ways to save on auto insurance.

  • Passive Restraints – Factory air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Low Mileage – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • Distant Student – Kids in college living away from home attending college without a vehicle on campus can be insured at a reduced rate.
  • No Accidents – Claim-free drivers pay less when compared with bad drivers.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
  • Good Student – Getting good grades can earn a discount of 20% or more. The good student discount can last well after school through age 25.
  • Government Employees – Active or retired federal employment can save as much as 8% for Cobalt insurance with select insurance companies.
  • Homeowners Discount – Being a homeowner can save you money because maintaining a house requires personal responsibility.
  • Early Signing – Select companies give a discount for buying a policy before your current expiration date. This can save 10% or more.
  • Paperless Signup – Certain companies will give a small break for buying your policy over the internet.

It’s important to understand that many deductions do not apply to the entire cost. Most only cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, you won’t be that lucky.

A partial list of companies that possibly offer these benefits may include but are not limited to:

Before buying, ask each insurance company how you can save money. Some discounts might not be offered everywhere.

Car Insurance Prices Online

To find the best car insurance prices, there are several ways of comparing price quotes and find the best price. The easiest way by far to find the lowest 2010 Chevy Cobalt rates is to use the internet to compare rates. This is very easy and can be done using a couple different methods.

  1. The easiest and least time consuming way consumers can analyze rates is a comparison rater form (click to open form in new window). This method eliminates the need for separate quote forms for each company. One quote request will get you price quotes from all major companies.
  2. A slightly less efficient method to analyze rates requires a trip to the website of each company and request a quote. For examples sake, let’s assume you want to compare rates from Nationwide, Geico and GMAC. To get rate quotes you would need to take the time to go to each site to enter your coverage information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

  3. The least recommended way to compare rates is to waste gas driving to different agent offices. Buying insurance online makes this process obsolete unless you have a need for the professional guidance of a local agent. However, consumers can price shop online but still have the advice of a local agent. We’ll cover that shortly.

Whichever method you choose, ensure you’re using exactly the same quote information with each company. If you enter different values for each quote you can’t possibly determine the lowest rate for your Chevy Cobalt. Having just a slight variation in limits may result in a large different in cost. And when price shopping your coverage, comparing a large number of companies provides better odds of finding a lower rate.

How do I know if I need professional advice?

When buying the right insurance coverage, there really is not a one size fits all plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that may help highlight whether you could use an agent’s help.

  • Is other people’s property covered if stolen from my vehicle?
  • Do I need more liability coverage?
  • Is my camper covered by my car insurance policy?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered if I wreck a rental car?
  • How much liability do I need to cover my assets?

If you’re not sure about those questions, you might consider talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Auto insurance specifics

Learning about specific coverages of a auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages available from auto insurance companies.

Collision insurance

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like scraping a guard rail, backing into a parked car, rolling your car and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also increase the deductible to bring the cost down.

Comprehensive coverages

This covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, hitting a deer and theft. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Cobalt.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Liability auto insurance

Liability coverage protects you from damage that occurs to other’s property or people that is your fault. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things like medical services, medical expenses, attorney fees and loss of income. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for bills such as EMT expenses, X-ray expenses and ambulance fees. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Don’t throw your cash in the trash

When shopping online for car insurance, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where drivers have reduced uninsured motorist or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

You just learned a lot of techniques to save on 2010 Chevy Cobalt insurance. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the best price on car insurance is with the least-expected company. These companies can often provide lower rates in certain areas than their larger competitors like State Farm or Progressive.

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