2006 Chevrolet Cobalt Car Insurance Rates

Finding discount car insurance over the internet can appear to be somewhat intimidating for vehicle owners new to quoting and shopping for insurance over the internet. With so many options of insurers to choose from, how are vehicle owners expected to have a chance to compare every company to locate the lowest price available?

Buying car insurance is not that difficult. In a nutshell, anyone who is required by state law to have car insurance will most likely be able to reduce their rates. But car owners must learn the way companies market insurance on the web and take advantage of how the system works.

Car insurance quotes comparison

Most larger insurance companies like Progressive, GEICO, Allstate and State Farm provide pricing from their websites. Getting prices online is fairly simple as you just enter your coverage information into the form. After you submit the form their quoting system will order information on your driving record and credit history and generates a price.

Quoting online streamlines rate comparisons, but the work required to visit many different websites and type in your information can be a bit tiresome and repetitive. Unfortunately, it is important to perform this step if you want to get the best price on car insurance.

There is a better way to compare rates

An easier way to lower your car insurance bill is to use a quote form to obtain quotes from many companies. This type of form saves time, requires much less work on your part, and makes rate comparisons a lot less work. As soon as you send your information, your coverage is rated with multiple companies and you can pick any or none of the quote results. If a lower price is quoted, it’s easy to complete the application and purchase coverage. It takes just a few minutes to complete and you’ll know if lower rates are available.

To use this form to compare rates, click here and enter your vehicle and coverage information. If you have a policy now, it’s recommended you input the insurance coverages just like they are on your policy. Doing this assures you will get rate comparison quotes using the same coverage and limits.

You may qualify for discounts

Some providers don’t always list all available discounts very clearly, so we break down some of the best known as well as some of the hidden discounts that may be available.

  • Drive Less and Save – Maintaining low annual mileage could qualify for lower premium rates on the low mileage vehicles.
  • Theft Prevention Discount – Cars and trucks optioned with advanced anti-theft systems are stolen with less frequency and will qualify for a discount on a car insurance quote.
  • Early Renewal Discounts – Some auto insurance companies provide a discount for buying a new policy prior to your current policy expiration. You can save around 10% with this discount.
  • Buy New and Save – Putting insurance coverage on a new car can cost up to 25% less since new vehicles are generally safer.
  • Seat Belt Discounts – Buckling up and requiring all passengers to buckle up before driving could cut 10% or more on medical payment and PIP coverage.
  • Claim Free – Drivers with accident-free driving histories have much lower rates when compared with drivers with a long claim history.
  • Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts can get savings up to 30%.
  • Good Student Discount – Maintaining excellent grades can save 20 to 25%. The discount lasts until age 25.

Policy discounts save money, but most discounts do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comp or med pay. Even though it appears you could get a free auto insurance policy, nobody gets a free ride.

Some companies that have these benefits include:

Before purchasing a policy, check with each company which discounts you may be entitled to. Some discounts listed above may not be available in your state.

There’s no such thing as the perfect insurance policy

When buying adequate coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

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

  • Can my teen driver be rated on a liability-only vehicle?
  • When can my company non-renew my policy?
  • Does my 2006 Chevy Cobalt qualify for pleasure use?
  • Does my policy pay for OEM or aftermarket parts?
  • When can I cancel my policy?
  • Is a new car covered when I drive it off the dealer lot?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form.

What insurance coverages do you need?

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive coverages

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hitting a bird, damage from getting keyed, damage from a tornado or hurricane, rock chips in glass and falling objects. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability coverage

This can cover damages or injuries you inflict on other’s property or people. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things such as pain and suffering, structural damage and emergency aid. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for bills for things like chiropractic care, rehabilitation expenses, doctor visits and dental work. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and damage to your Chevy Cobalt.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Collision insurance

Collision coverage pays for damage to your Cobalt from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims such as backing into a parked car, hitting a mailbox, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.