Cheap 2006 Chevrolet Cobalt Insurance Quotes

Searching for better insurance rates for your Chevrolet Cobalt? Pricey Chevrolet Cobalt insurance can consume your monthly budget and put the squeeze on your family’s finances. Getting a rate comparison is a fast and free way to lower your bills every month.

Multiple auto insurance companies compete for your business, so it can be very hard to choose a provider and get the best coverage at the cheapest price

Insurance price influencing factors

A large part of saving on auto insurance is knowing the different types of things that aid in calculating your premiums. When consumers understand what impacts premium levels, this allows you to make good choices that could result in lower auto insurance prices. Many factors are part of the calculation when pricing auto insurance. Some are pretty understandable like an MVR report, although others are more obscure like where you live and annual miles driven.

The items below are a partial list of the pieces used by insurance companies to determine rates.

  • Bundle policies and save – Most companies provide better rates to insureds that have more than one policy. It’s known as a multi-policy discount. Even if you’re getting this discount you may still want to check prices from other companies to ensure the best deal.There is a chance you can save more without the discount even if you have your coverage with different companies
  • Drive less and save – The higher the mileage driven in a year’s time the more you’ll pay to insure your vehicle. A lot of companies charge to insure your cars based on how the vehicle is used. Vehicles not used for work or commuting receive lower rates than cars that get driven a lot. Incorrect rating for your Cobalt may be costing you higher rates. It’s a smart idea to ensure your auto insurance policy states the correct usage.
  • Safer the car lower the rate – Vehicles with good safety scores are cheaper to insure. The safest vehicles protect occupants better and fewer injuries means lower claim amounts which can mean better rates for you. If your Chevy earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Small claims can cost you – Auto insurance companies generally give cheaper rates to drivers who do not file claims often. If you file claims often, you can look forward to either a policy non-renewal or much higher rates. Your car insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Deter theft and pay less – Selecting a car model with a theft deterrent system can save you a little every year. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop auto theft and help lower rates.
  • Careless drivers pay higher costs – Having a clean driving record impacts your car insurance rates tremendously. Good drivers pay less for auto insurance than people who have multiple driving citations. Even a single chargable violation can bump up the cost to the point where it’s not affordable. Drivers with dangerous citations like DUI or willful reckless driving may be required to maintain a SR-22 with their state motor vehicle department in order to continue driving.

How to get insurance coverage quotes

Comparing insurance coverage rates can be a lot of work if you don’t utilize the most efficient way. You can waste a few hours (or days) driving to local insurance agents in your area, or you can utilize the internet to achieve your goal.

Most of the best insurance companies are enrolled in a marketplace that enables customers to complete one form, and every company can give them a price determined by their information. This saves time by eliminating repetitive form submissions to every company.

To compare rates now click here to open in new window.

The only downside to getting quotes like this is you can’t choose which carriers you will receive quotes from. So if you prefer to choose specific providers to compare prices, we have a listing of low cost insurance coverage companies in your area. View list of insurance companies.

The approach you take is up to you, just make darn sure you compare exactly the same quote information on every price quote you get. If you have different deductibles you can’t possibly make a fair rate comparison. Having just a slight variation in insurance coverages or limits can make a big difference in price. Keep in mind that quoting more helps locate more affordable insurance.

Lower your car insurance rates with discounts

Not many people think insurance is cheap, but you may be missing some discounts that you may not even know about. Some discounts will apply at the time of purchase, but occassionally some discounts must be specially asked for before being credited.

  • Low Miles Discount – Low annual miles can earn discounted rates on garaged vehicles.
  • Military Discounts – Being on active duty in the military could mean lower prices.
  • Accident Forgiveness Coverage – Not a discount per se, but a few companies such as Geico and Allstate may permit one accident before raising your premiums if you have no claims prior to the accident.
  • More Vehicles More Savings – Buying insurance for multiple vehicles with the same company qualifies for this discount.
  • Homeowners Pay Less – Just being a homeowner may earn you a small savings because owning a home requires a higher level of personal finance.
  • Good Student Discount – Maintaining excellent grades can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Resident Student – Kids who are enrolled in higher education away from home and won’t have access to an insured vehicle can be insured at a reduced rate.
  • Telematics Discount – Insureds that choose to allow driving data collection to scrutinize driving habits by using a telematics device like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if they exhibit good driving behavior.
  • Multiple Policy Discount – When you have multiple policies with one insurance company you could save at least 10% off all policies.
  • Club Memberships – Being a member of specific professional or occupational memberships or organizations is a good way to get lower rates on your next car insurance statement.

Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. Even though the math looks like all those discounts means the company will pay you, you aren’t that lucky.

To view companies who offer free car insurance quotes, follow this link.

You are unique and your insurance should be too

When choosing the best insurance coverage, there really is not a single plan that fits everyone. Everyone’s needs are different and your policy should reflect that. For instance, these questions could help you determine whether you would benefit from professional advice.

  • What if I don’t agree with a claim settlement offer?
  • Why does it cost so much to insure a teen driver?
  • Does having multiple vehicles earn me a discount?
  • Should I have combined single limit or split liability limits?
  • Does my insurance cover my expensive audio equipment?
  • What is the ISO rating for a 2006 Chevy Cobalt?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Coverages available on your auto insurance policy

Learning about specific coverages of a auto insurance policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on most auto insurance policies.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as nursing services, funeral costs and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, fire damage, damage from flooding and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Coverage for liability

Liability coverage can cover damage that occurs to other people or property that is your fault. This coverage protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for claims such as pain and suffering, attorney fees, medical expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Coverage for collisions

Collision coverage pays for damage to your Cobalt from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as sideswiping another vehicle, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Better coverage you can count on

We just presented quite a bit of information on how to get a better price on 2006 Chevy Cobalt insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding cheaper car insurance. You may even find the best rates are with the smaller companies. These smaller insurers may cover specific market segments cheaper than their larger competitors like Progressive or Geico.

When shopping online for insurance coverage, it’s not a good idea to skimp on coverage in order to save money. In too many instances, consumers will sacrifice liability coverage limits only to regret at claim time they didn’t have enough coverage. The aim is to purchase plenty of coverage for the lowest price and still be able to protect your assets.

Affordable 2006 Chevy Cobalt insurance can be bought from both online companies and from local agencies, and you should be comparing both to have the best selection. Some insurance companies don’t offer rates over the internet and many times these small, regional companies prefer to sell through local independent agencies.

For more information, feel free to visit the resources below: