2009 Chevrolet Cobalt Car Insurance Rates

Buyers have lots of choices when searching for the best price on Chevy Cobalt insurance. They can either waste time contacting agents to compare prices or save time using the internet to compare rates.

There are more efficient ways to shop for auto insurance so we’re going to tell you the quickest way to quote coverages on a Chevy and locate the best price possible from both online companies and local agents.

If you have a policy now or are just looking to switch companies, you will benefit by learning to find the best rates and still get good coverage. The purpose of this post is to instruct you on how to get online quotes. Drivers just need to understand the most efficient way to get comparison rates over the internet.

Where can I get the cheapest insurance?

Getting a cheaper price on 2009 Chevy Cobalt insurance is not a difficult process. You just have to spend a little time to compare rate quotes online from several insurance companies. Insurance prices can be quoted by following the guidelines below.

  • The simplest way to find the lowest comparison rates would be an industry-wide quote request form like this one (opens in new window). This easy form eliminates the need for repetitive form entry for each company. Taking the time to complete one form gets you price quotes from multiple low-cost companies. It’s the fastest way to compare.
  • A different way to obtain and compare quotes online is to take the time to go to the website for every company you want to comare and repeat the quote process. For example, we’ll assume you want to compare prices for Liberty Mutual, Esurance and Allstate. To get rate quotes you would need to spend time going to each site individually and repeatedly enter your information, which is why the first method is more popular. To view a list of companies in your area, click here.

Whichever way you use, make absolute certain that you use equivalent information for each quote you get. If you enter different deductibles you can’t possibly make an equal comparison.

Discounts can really help lower rates

Some companies don’t always advertise every policy discount in an easy-to-find place, so the list below contains some of the more common and also the more inconspicuous discounts that you may qualify for.

  • Theft Prevention Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and qualify for as much as a 10% discount.
  • Student Driver Training – Require your teen driver to take driver’s ed class if offered at their school.
  • Membership in Organizations – Having an affiliation with a qualifying organization is a good way to get lower rates on your policy.
  • Multi-Vehicle Discounts – Purchasing coverage when you have primary and secondary vehicles on one policy can get a discount on all vehicles.
  • Discounts for Responsible Drivers – Drivers who don’t get into accidents can pay as much as 50% less on Cobalt insurance compared to accident prone drivers.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Chevy can earn better prices on cars that stay parked.
  • Include Life Insurance and Save – Some insurance carriers give a lower price if you buy some life insurance in addition to your auto policy.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but some insurance companies will forgive one accident without the usual rate increase as long as you don’t have any claims for a particular time prior to the accident.
  • Pay Early and Save – By making one initial payment rather than paying monthly you may reduce your total bill.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though you would think you would end up receiving a 100% discount, companies don’t profit that way.

Companies that may offer policyholders most of these discounts include:

It’s a good idea to ask every company which discounts you may be entitled to. A few discounts might not be offered in your area.

Will just any policy work for me?

When it comes to choosing the right insurance coverage for your personal vehicles, there is no one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions might point out if your situation may require specific advice.

  • If my 2009 Chevy Cobalt is totaled, can I afford another vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • When would I need additional glass coverage?
  • Do I need an umbrella policy?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and may give you better protection.

How do insurance providers determine Chevy Cobalt insurance rates?

One of the most helpful ways to save on insurance coverage is to to have a grasp of some of the elements that are used to determine your premiums. When you understand what determines base rates, this enables you to make decisions that could help you find much lower annual insurance costs.

  • City traffic equals higher costs – Living in small towns and rural areas may provide you with better prices when it comes to insurance coverage. People who live in big cities regularly have more auto accidents and more severe claims. Fewer drivers corresponds to lower accident rates.
  • Marriage discount – Your spouse may cut your premiums compared to being single. It is viewed as being more mature and it’s statistically proven that being married results in fewer claims.
  • Older drivers pay less – More experienced drivers are proven to be safer behind the wheel, statistically cause fewer accidents and are safer drivers.Drivers with little experience tend to be inattentive and easily distracted when driving with friends so insurance coverage rates are higher.
  • Certain employers raise insurance coverage rates – Occupations like military generals, executives and financial analysts tend to pay higher premiums than the average policyholder due to intense work situations and long work days. Other careers like professors, students and retirees have lower than average premiums on Cobalt insurance.
  • Females tend to be lower risk – The statistics show women tend to be less risk to insure than men. Now that doesn’t mean males are worse at driving than females. Men and women are responsible for auto accidents at about the same rate, but males cause more damage and cost insurance companies more money. Men also statistically receive more costly citations such as DWI and reckless driving. Teenage male drivers have the highest risk to insure and are penalized with high insurance coverage rates.
  • Vehicle theft costs us all – Selecting a car model with an alarm system can earn a premium discount. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping vehicle theft.
  • How much liability protection – Liability coverage will afford coverage when you are found liable for an accident. This coverage provides for a legal defense which can be incredibly expensive. This coverage is very inexpensive compared to comp and collision, so do not cut corners here.

Misconceptions in insurance coverage advertisements

Consumers constantly see and hear ads for cheaper insurance coverage by State Farm, Allstate and GEICO. All the companies state the claim that you can save if you change your insurance coverage coverage to their company.

How does every company charge you less for car insurance? It’s all in the numbers.

Many companies have an ideal profile for the type of customer that earns them a profit. One example of a driver they prefer might be over the age of 35, has no driving citations, and drives a car with an anti-theft system. Anyone that hits that “sweet spot” will most likely get cheap car insurance rates and is almost guaranteed to save some money.

Insureds who may not quite match this stringent profile must pay higher rates which translates to business not being written. The ad wording is “drivers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why insurance companies can confidently make it sound like they have such great prices.

Each company has different criteria, so you should quote coverage with many companies. Because you cannot predict with any certainty which company will have better premium rates than you’re paying now.

Insurance policy coverages for a 2009 Chevy Cobalt

Knowing the specifics of insurance can help you determine the right coverages for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

UM/UIM Coverage

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Chevy Cobalt.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently these limits do not exceed the liability coverage limits.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like falling objects, damage from a tornado or hurricane and hitting a bird. The highest amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision insurance

Collision coverage will pay to fix damage to your Cobalt resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as backing into a parked car, crashing into a ditch, sideswiping another vehicle, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Liability

Liability coverage will cover damages or injuries you inflict on other’s property or people in an accident. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like bail bonds, repair bills for other people’s vehicles, emergency aid and loss of income. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as prosthetic devices, dental work, hospital visits and nursing services. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants and will also cover 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

One last thing

Drivers switch companies for any number of reasons including high prices, an unsatisfactory settlement offer, lack of trust in their agent and policy non-renewal. Whatever your reason, choosing a new insurance company can be easier than you think.

In this article, we presented quite a bit of information on how to save on 2009 Chevy Cobalt insurance. The most important thing to understand is the more quotes you get, the better your comparison will be. Consumers could even find that the lowest rates are with the smaller companies.

When getting insurance coverage quotes online, don’t be tempted to buy lower coverage limits just to save a few bucks. In many cases, an accident victim reduced full coverage and learned later that the small savings ended up costing them much more. The goal is to purchase plenty of coverage at a price you can afford, but do not skimp to save money.

More tips and info about car insurance can be found in these articles: