2008 Chevrolet Cobalt Insurance Quotes

Searching for low-cost insurance for your Chevy Cobalt can be an all-consuming task, but you can learn our insurance buying tips to save time. There are more efficient ways to shop for insurance so we’re going to tell you the absolute fastest way to compare rates for your Chevy and find the lowest price from both online companies and local agents.

You should take the time to compare prices occasionally since rates fluctuate regularly. Even if you think you had the lowest price on Cobalt coverage a few years ago you can probably find a better price now. Starting now, ignore everything you know about insurance because it’s time to teach you the right way to find better rates and still maintain coverage.

If you have a policy now or need new coverage, you can follow these tips to reduce the price you pay and possibly find even better coverage. Shopping for more affordable insurance coverage coverage is not that difficult. Drivers just need to know the most efficient way to find the lowest price online.

How to Get Auto Insurance Comparison Quotes

Finding lower auto insurance rates is not a difficult process. All that’s required is to take the time getting comparison quotes provided by online insurance companies. This can be accomplished in a couple of different ways.

The single most time-saving way to get the best comparison quotes is a comparison rater form like this one (opens in new window). This type of form keeps you from doing separate quotes for each company you want a rate for. Filling out one form will return quotes from several companies. This is perfect if you don’t have a lot of time.

Another way to get quotes online requires visiting each company website to request a price quote. For instance, we’ll assume you want comparison quotes from Progressive, Geico and Liberty Mutual. To get each rate you have to visit each site to enter your coverage information, which is why the first method is more popular.

For a list of links to insurance companies in your area, click here.

The most time-consuming method of getting rate comparisons is to spend time driving to different agent offices. The ability to buy insurance online eliminates the need for an insurance agent unless you prefer the trained guidance of a licensed agent. It is possible to get prices online and still use a local agent and we’ll talk about that later.

However you get your quotes, be sure to compare the exact same coverage limits for every company. If you have different deductibles it will be very difficult to decipher which rate is best.

These factors can influence Chevy Cobalt insurance rates

It’s important that you understand the factors that play a part in calculating auto insurance rates. Understanding what determines base rates helps enable you to make changes that will entitle you to better auto insurance rates.

  • Don’t cancel a policy without a new one in place – Not having insurance is a misdemeanor and you will pay a penalty because you let your insurance lapse. And not only will insurance be more expensive, failure to provide proof of insurance might get you a revoked license or a big fine.You may then be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Bad driving skills means higher rates – Your driving citation history has a lot to do with how much you pay for insurance. Just one speeding ticket may increase your cost twenty percent or more. Drivers with clean records get better rates compared to drivers with tickets. Drivers who have flagrant citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form with the DMV in their state in order to keep their license.
  • More claims means more premium – Companies give lower rates to people who are claim-free. If you are a frequent claim filer, you can look forward to higher rates. Car insurance is intended to be relied upon for the large, substantial claims.
  • Safer occupants lowers premiums – Vehicles with high crash test scores are cheaper to insure. The safest vehicles reduce injuries and lower injury rates translates into savings for insurance companies and thus lower rates. If your Chevy has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Lower deductibles cost more – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Chevy. A few examples of covered claims are a windshield shattered by a rock, vandalism, and burglary. The deductibles are how much you are willing to pay out-of-pocket if you file a covered claim. The higher the amount you have to pay, the bigger discount you will receive on Cobalt coverage.
  • Do you know you’re credit rating? – Having a bad credit score is a important factor in calculating your auto insurance rates. So if your credit history is lower than you’d like, you could pay less to insure your 2008 Chevrolet Cobalt by improving your rating. People with high credit scores tend to be more responsible than drivers who have poor credit.
  • With age comes lower rates – Older drivers tend to be more responsible, statistically cause fewer accidents and tend to be better behind the wheel. Youthful drivers tend to be careless and easily distracted behind the wheel and because of this, their auto insurance rates are much higher.

How to reduce Chevy Cobalt insurance rates

Companies that sell car insurance do not advertise all available discounts in an easy-to-find place, so the following is a list of some of the more common and also the lesser-known savings tricks you should be using. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Homeowners Pay Less – Owning a home may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less on Cobalt coverage than their less cautious counterparts.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Driver’s Ed – Have your child successfully complete driver’s ed class in high school.
  • New Car Discount – Buying coverage on a new vehicle can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Multi-policy Discount – If you insure your home and vehicles with the same company you may save approximately 10% to 15%.
  • Good Students Pay Less – Getting good grades can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Sign Early and Save – Select companies give a discount for buying a policy prior to your current policy expiring. It can save you around 10%.

As a disclaimer on discounts, most discounts do not apply to the entire cost. The majority will only reduce specific coverage prices like liability and collision coverage. Just because it seems like you could get a free car insurance policy, you’re out of luck.

Car insurance companies that possibly offer these money-saving discounts include:

Double check with each insurance company what discounts are available to you. Savings may not apply in your area.

Tailor your coverage to you

When buying coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions could help you determine whether you would benefit from an agent’s advice.

  • Do I need replacement cost coverage on my 2008 Chevy Cobalt?
  • Can my babysitter drive my car?
  • Is my dog or cat covered if injured in an accident?
  • Do I need motorclub coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Are my tools covered if they get stolen from my vehicle?
  • Where can I get insurance after a DUI in my state?
  • How high should deductibles be on a 2008 Chevy Cobalt?
  • Should I rate my 2008 Chevy Cobalt as pleasure use or commute?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Coverage specifics

Learning about specific coverages of a car insurance policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses for dental work, ambulance fees, surgery and X-ray expenses. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Chevy Cobalt.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Auto liability insurance – This coverage can cover damage or injury you incur to people or other property in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like court costs, repair bills for other people’s vehicles and medical expenses. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Collision – This pays for damage to your Cobalt resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like scraping a guard rail, hitting a mailbox, sustaining damage from a pot hole, colliding with a tree and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision) – This covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hail damage, theft, fire damage and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

In any little way, save everyday

Insureds who switch companies do it for a number of reasons such as policy non-renewal, denial of a claim, unfair underwriting practices or even not issuing a premium refund. It doesn’t matter why you want to switch switching insurance companies is actually quite simple.

Throughout this article, we presented a lot of information how to reduce 2008 Chevy Cobalt insurance prices online. The most important thing to understand is the more price quotes you have, the higher your chance of finding lower rates. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising.

When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. Your goal should be to buy a smart amount of coverage at an affordable rate.

More information can be read at the links below