Compare 2008 Chevrolet Cobalt Insurance Rates

Searching for cheaper insurance for a Chevy Cobalt could be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to compare insurance coverage rates so we’re going to tell you the quickest way to quote coverages for a new or used Chevy and obtain the lowest possible price from both online companies and local agents.

It’s a good idea to shop coverage around once or twice a year because rates are usually higher with each renewal. If you had the lowest rates on Cobalt coverage a few years ago you will most likely find a better rate today. Forget all the misinformation about insurance coverage because you’re about to learn one of the best ways to reduce your cost while improving coverage.

Finding the best rates is not rocket science. If you have insurance now or need a new policy, you can use these tips to cut your premiums and possibly find even better coverage. Vehicle owners just need to learn the proper methods to shop on the web.

Free Insurance Quotes

All major insurance companies such as Allstate and Progressive allow you to get insurance quotes on the web. The process doesn’t take a lot of time as you simply enter the coverages you want as requested by the quote form. Once you submit the form, their rating system automatically retrieves your credit score and driving record and returns a price.

This makes it a lot easier to compare rates but the process of having to visit multiple sites and enter the same data into a form gets old quite quickly. But it’s absolutely necessary to get many rate quotes if you are searching for lower prices.

There is an easier way!

The easiest way to compare insurance pricing requires only one form to return rates from many companies. It’s a real time-saver, helps eliminate reptitive entry, and makes comparison shopping much more enjoyable. Immediately after you send the form, it gets priced with multiple companies and you can pick any one of the resulting price quotes. If a lower price is quoted, you simply finish the application and purchase the new policy. The entire process can be completed in less than 10 minutes and you will know how your current rates stack up.

To find out how much you’re overpaying now, simply click here to open in new window and input your coverage information. To compare your current rates, we recommend you complete the form with the coverage information exactly as they are listed on your policy. This makes sure you will receive rate comparison quotes for the exact same coverage.

Save $447 a year? Really?

Drivers get pounded daily by advertisements for the lowest price auto insurance from the likes of Allstate and Progressive. All the ads say the same thing about savings if you switch your coverage to them.

How do they all say the same thing?

All companies have a certain “appetite” for the driver that is profitable for them. For instance, a profitable customer could possibly be between 30 and 50, has no prior claims, and chooses high deductibles. A propective insured that hits that “sweet spot” will qualify for the lowest rates and most likely will save when switching.

Drivers who fall outside these standards must pay more money which usually ends up with the customer not buying. The ads say “drivers who switch” but not “drivers who get quotes” save that much money. That’s the way insurance companies can make those claims. This illustrates why you need to compare many company’s rates. Because you never know which auto insurance company will provide you with the cheapest Chevy Cobalt insurance rates.

Cut prices on 2008 Chevy Cobalt insurance

Auto insurance companies do not list all available discounts very well, so here is a list some of the more common and the more hidden ways to save on car insurance. If you don’t get every credit you deserve, you’re paying more than you need to.

  • Payment Method – If you pay your bill all at once rather than paying monthly you could save up to 5%.
  • Senior Discount – Older drivers can possibly qualify for reduced rates on Cobalt coverage.
  • No Accidents – Claim-free drivers pay less when compared to frequent claim filers.
  • Student in College – Kids in college who are attending college and don’t have a car may be able to be covered for less.
  • New Car Discount – Adding a new car to your policy is cheaper compared to insuring an older model.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on Cobalt coverage with select insurance companies.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Drive Less and Save – Keeping the miles down on your Chevy could qualify for lower rates on the low mileage vehicles.
  • Good Student – A discount for being a good student can earn a discount of 20% or more. The good student discount can last up to age 25.
  • Driver’s Ed – Have your child complete a driver education course in high school.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Some only apply to individual premiums such as liability, collision or medical payments. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way.

For a list of providers offering car insurance discounts, click here.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s needs are different.

For example, these questions may help highlight whether your personal situation would benefit from professional advice.

  • Do I need to file an SR-22 for a DUI in my state?
  • When does my teenage driver need to be added to my policy?
  • Do all my vehicles need collision coverage?
  • Does my insurance cover a custom paint job?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Do I need higher collision deductibles?
  • Do I really need UM/UIM coverage?
  • Do I pay less for low miles?
  • When should I not file a claim?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and may give you better protection.

Auto insurance coverages

Having a good grasp of a car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision insurance

This coverage covers damage to your Cobalt resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like sustaining damage from a pot hole, sideswiping another vehicle, hitting a mailbox and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for expenses for things like surgery, nursing services, rehabilitation expenses and doctor visits. The coverages can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Cobalt.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Coverage for liability

This can cover damage that occurs to other’s property or people. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

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

Liability coverage protects against things like repair bills for other people’s vehicles, legal defense fees, attorney fees, bail bonds and medical expenses. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Comprehensive coverages

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

Comprehensive coverage pays for things like theft, damage from flooding and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Shop around and save

We just presented a lot of information how to lower your 2008 Chevy Cobalt insurance rates. The key thing to remember is the more providers you compare, the better chance you’ll have of finding lower rates. You may be surprised to find that the biggest savings come from a company that doesn’t do a lot of advertising.

When trying to cut insurance costs, never skimp on coverage in order to save money. Too many times, someone sacrificed full coverage to discover at claim time that they should have had better coverage. Your aim should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Low-cost insurance is available online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

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