Compare 2010 Chevrolet Cobalt Insurance Rates

Shoppers have options when shopping for low-cost Chevy Cobalt insurance. They can either spend hours contacting agents to get rate comparisons or leverage the internet to find the lowest rates. There are both good and bad ways to buy auto insurance and we’ll show you the quickest way to compare rates for your Chevy and get the lowest price either online or from local insurance agents.

You should make it a habit to do rate comparisons at least once a year because insurance prices are adjusted regularly by insurance companies. Even if you think you had the best price on Cobalt coverage last year you will most likely find a better rate quote today. Ignore everything you know about auto insurance because it’s time to teach you the proper way to properly buy coverages and cut your premium.

Do you qualify for discounts?

Car insurance is not an enjoyable expense, but there’s a good chance there are discounts that may help make it more affordable. Some of these disounts will be visible at quote time, but some may not be applied and must be requested specifically in order for you to get them.

  • Accident Free – Good drivers with no accidents are rewarded with significantly better rates on insurance coverage quote in comparison to drivers with a long claim history.
  • Defensive Driver Discounts – Taking time to complete a course that instructs on driving safety could possibly earn you a 5% discount if you qualify.
  • Own a Home – Owning a house may earn you a small savings since home ownership demonstrates responsibility.
  • New Car Discount – Buying car insurance coverage on a new vehicle can cost up to 25% less because new vehicles keep occupants safer.
  • Multi-car Discount – Insuring multiple cars on one policy can reduce the rates for all insured vehicles.
  • Low Mileage – Fewer annual miles on your Chevy can qualify you for discounted prices on garaged vehicles.
  • Discounts for Federal Employees – Active or retired federal employment can earn a discount up to 10% on Cobalt coverage but check with your company.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Some only reduce individual premiums such as liability and collision coverage. Just because you may think having all the discounts means you get insurance for free, car insurance companies aren’t that generous.

A list of companies and some of the premium reductions they offer can be read below.

  • Geico may include discounts for membership and employees, good student, daytime running lights, emergency military deployment, military active duty, and multi-policy.
  • USAA policyholders can earn discounts including defensive driver, annual mileage, military installation, good student, family discount, and driver training.
  • Progressive offers premium reductions for multi-vehicle, online quote discount, online signing, continuous coverage, homeowner, good student, and multi-policy.
  • American Family offers discounts for air bags, TimeAway discount, bundled insurance, Steer into Savings, and good driver.
  • Esurance may offer discounts for emergency road assistance, online shopper, defensive driver, DriveSense, anti-lock brakes, and Pac-12 alumni.
  • Farmers Insurance includes discounts for homeowner, business and professional, mature driver, teen driver, and youthful driver.
  • State Farm may have discounts that include multiple policy, accident-free, driver’s education, student away at school, good driver, and multiple autos.

If you want affordable insurance coverage quotes, ask every insurance company which discounts you qualify for. Some discounts may not be offered in your state. If you would like to see a list of companies with the best car insurance discounts, click this link.

Don’t assume everyone needs the same auto insurance coverage

When it comes to buying coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine if you might need an agent’s assistance.

  • What companies insure drivers after a DUI or DWI?
  • Is extra glass coverage worth it?
  • Am I covered if I hit a deer?
  • Is a blown tire covered by insurance?
  • Which companies will insure high-risk drivers?
  • Can I rent a car in Mexico?
  • Should I put collision coverage on all my vehicles?
  • When should I buy a commercial auto policy?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.

Can you really save that much by switching?

Consumers can’t avoid all the ads that claim the cheapest auto insurance rates from companies such as Progressive, Allstate and Geico. They all advertise the message that you’ll save big just by moving your coverage to them.

But how can every company give you a lower rate? Just pay attention to how they say it.

Insurance providers have specific guidelines for a prospective insured that makes them money. For instance, this type of driver should be over the age of 35, owns their home, and drives newer vehicles. Someone that hits that “sweet spot” is entitled to the best price and will most likely save a lot of money.

Drivers who do not fit this ideal profile will get higher premium rates and this can result in the prospect going elsewhere. The wording the ads use say “people that switch” not “everyone who quotes” save that kind of money. That’s the way insurance companies can confidently lure you into getting a quote. Different companies use different criteria so drivers must compare rate quotes every year. It’s just too difficult to predict with any certainty which company will have the lowest rates for your situation.

Insurance coverage basics

Knowing the specifics of a insurance policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for X-ray expenses, funeral costs and dental work. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Collision insurance

Collision insurance will pay to fix damage to your Cobalt resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like driving through your garage door, crashing into a building, backing into a parked car and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Coverage for liability

This coverage will cover damages or injuries you inflict on a person or their property. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as funeral expenses, attorney fees, medical expenses and bail bonds. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Comprehensive coverage

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hitting a deer, falling objects and damage from flooding. The most your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Chevy Cobalt.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Final thoughts

In this article, we presented a lot of ways to get a better price 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 affordable insurance coverage. Consumers may even find the lowest priced insurance coverage comes from some of the lesser-known companies.

People who switch companies do it for a number of reasons such as not issuing a premium refund, lack of trust in their agent, policy non-renewal and even being labeled a high risk driver. No matter why you want to switch, finding a new insurance coverage company is pretty easy and you might even save some money in the process.

As you shop your coverage around, it’s not a good idea to buy poor coverage just to save money. In many instances, drivers have reduced comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

More detailed insurance coverage information is located at these sites: