Buying the cheapest Philadelphia Chevy Cobalt insurance quotes might seem intimidating for people who are new to comparing rates online. With so many options of insurance companies available, how are we expected to effectively compare every one to find the cheapest rates?
Unbelievable but true according to a study most auto insurance buyers in Pennsylvania kept their policy with the same company for at least the last four years, and nearly 40% of drivers have never compared quotes from other companies. With the average premium in the U.S. being $1,847, drivers could save up to $859 a year, but they don’t believe how much they could save if they just switched companies.
You should take the time to compare prices quite often since insurance prices are constantly changing. Even if you think you had the best quotes on Chevy Cobalt insurance in Philadelphia a few years ago you can probably find a better rate now. There is a lot of bad advice regarding Cobalt insurance out there, but I’m going to show you some good information on how to buy auto insurance cheaper in Philadelphia.
Chevy Cobalt insurance quotes comparison
Most companies such as State Farm and Allstate provide insurance quotes on their websites. Comparing Chevy Cobalt insurance rates online is fairly simple because you just enter your coverage preferences as detailed in the form. After the form is submitted, the system pulls your driving record and credit report and provides a quote based on these and other factors.
Using the web to get rates for Chevy Cobalt insurance in Philadelphia makes it simple to compare prices and it’s absolutely necessary to perform this step if you want to find lower-cost insurance pricing.
In order to get comparison pricing now, compare quotes from the companies shown below. To compare your current rates, we recommend you enter the limits and deductibles identical to your current policy. This helps ensure you will receive a rate comparison for exact coverage.
The providers in the list below offer price quotes in Philadelphia, PA. If multiple providers are shown, we suggest you click on several of them to get the cheapest price.
Lower-cost Philadelphia auto insurance rates with discounts
Some providers don’t always advertise every discount available very well, so the following is a list of some of the more common and also the more inconspicuous discounts you could be receiving when you buy Philadelphia auto insurance online.
- Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
- Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you can avoid monthly service charges.
- Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of 20% or more.
- Low Miles Discount – Low annual miles can earn lower rates due to less chance of an accident.
- Discount for Home Ownership – Being a homeowner can help you save on auto insurance because of the fact that having a home is proof that your finances are in order.
- Accident Forgiveness Coverage – This one isn’t a discount, but some companies like Allstate and GEICO may permit one accident before your rates go up as long as you don’t have any claims for a specific time period.
- Drive Safe and Save – Insureds who avoid accidents can save up to 40% or more on their Philadelphia auto insurance quote compared to rates paid by drivers with frequent claims.
Remember that most discounts do not apply to all coverage premiums. The majority will only reduce specific coverage prices like collision or personal injury protection. Even though the math looks like you could get a free auto insurance policy, company stockholders wouldn’t be very happy.
The information below shows the difference between Chevy Cobalt auto insurance rates with and without policy discounts. The premium estimates are based on a male driver, no claims or violations, Pennsylvania state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, multi-car, claim-free, marriage, and safe-driver discounts applied.
Companies that may include most of these discounts possibly include:
Before you buy a policy, ask all companies you are considering how you can save money. Some discounts might not apply in Philadelphia. If you would like to see a list of insurers who offer auto insurance discounts in Pennsylvania, follow this link.
Rates and data analysis
The rate information shown below highlights estimates of coverage costs for Chevy Cobalt models. Learning how policy premiums are formulated can help you make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $136 | $318 | $372 | $22 | $112 | $960 | $80 |
| Cobalt XFE 4-Dr Sedan | $136 | $318 | $372 | $22 | $112 | $960 | $80 |
| Cobalt LS 2-Dr Coupe | $158 | $318 | $412 | $24 | $124 | $1,036 | $86 |
| Cobalt XFE 2-Dr Coupe | $158 | $318 | $412 | $24 | $124 | $1,036 | $86 |
| Cobalt LT 4-Dr Sedan | $158 | $318 | $372 | $22 | $112 | $982 | $82 |
| Cobalt LT 2-Dr Coupe | $178 | $318 | $412 | $24 | $124 | $1,056 | $88 |
| Cobalt SS Turbo 2-Dr Coupe | $198 | $414 | $412 | $24 | $124 | $1,172 | $98 |
| Get Your Own Customized Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Rate quotes do not factor in Philadelphia location which can modify prices noticeably.
Can higher deductibles save money?
One of the most common auto insurance questions is the level to set your comp and collision deductibles. The data tables below help summarize the price difference when you choose different comp and collision deductibles. The first rate table uses a $250 physical damage coverage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $222 | $506 | $372 | $22 | $112 | $1,259 | $105 |
| Cobalt XFE 4-Dr Sedan | $222 | $506 | $372 | $22 | $112 | $1,259 | $105 |
| Cobalt LS 2-Dr Coupe | $254 | $506 | $412 | $24 | $124 | $1,345 | $112 |
| Cobalt XFE 2-Dr Coupe | $254 | $506 | $412 | $24 | $124 | $1,345 | $112 |
| Cobalt LT 4-Dr Sedan | $254 | $506 | $372 | $22 | $112 | $1,291 | $108 |
| Cobalt LT 2-Dr Coupe | $288 | $506 | $412 | $24 | $124 | $1,379 | $115 |
| Cobalt SS Turbo 2-Dr Coupe | $320 | $658 | $412 | $24 | $124 | $1,563 | $130 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $136 | $318 | $372 | $22 | $112 | $960 | $80 |
| Cobalt XFE 4-Dr Sedan | $136 | $318 | $372 | $22 | $112 | $960 | $80 |
| Cobalt LS 2-Dr Coupe | $158 | $318 | $412 | $24 | $124 | $1,036 | $86 |
| Cobalt XFE 2-Dr Coupe | $158 | $318 | $412 | $24 | $124 | $1,036 | $86 |
| Cobalt LT 4-Dr Sedan | $158 | $318 | $372 | $22 | $112 | $982 | $82 |
| Cobalt LT 2-Dr Coupe | $178 | $318 | $412 | $24 | $124 | $1,056 | $88 |
| Cobalt SS Turbo 2-Dr Coupe | $198 | $414 | $412 | $24 | $124 | $1,172 | $98 |
| Get Your Own Customized Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rates do not factor in garaging location in Philadelphia which can raise or lower auto insurance rates greatly.
Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $26 more each month or $312 a year than buying the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 29 months between claim filings, you would probably be better off by going with a higher deductible.
How careless driving impacts Philadelphia auto insurance rates
The information below shows how violations and at-fault collisions can increase Chevy Cobalt premium costs for each different age group. The premiums assume a married female driver, full coverage, $500 deductibles, and no discounts are factored in.
Chevrolet Cobalt liability rates compared to full coverage
The information below visualizes the comparison of Chevy Cobalt auto insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume no violations or accidents, $100 deductibles, marital status is single, and no discounts are factored in.
When to drop comp and collision
There is no specific rule of when to eliminate physical damage insurance, but there is a general convention. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s say your Chevy Cobalt settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $2,000 after the policy deductible has been paid. If you are paying in excess of $200 annually for full coverage, then it could be time to drop full coverage.
There are a few situations where removing full coverage is not a good idea. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should maintain full coverage.
What if I want to buy from local Philadelphia auto insurance agents?
A small number of people would prefer to get advice from a local agent and doing that can be a smart decision A good thing about comparing insurance prices online is the fact that drivers can get the lowest rates and still choose a local agent.
For easy comparison, once you complete this simple form, your insurance data is sent to agents in your area who can give free rate quotes for your insurance coverage. It makes it easy because there is no need to visit any agencies due to the fact that quote results will go to you instantly. You can find better rates without having to waste a lot of time. If you wish to quote rates from a specific company, don’t hesitate to find their quoting web page and complete a quote there.
Choosing the best provider should depend on more than just the quoted price. The following questions are important to ask.
- Will one accident increase rates?
- How long has the business existed?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Do they have a Better Business Bureau rating in Philadelphia?
- Is there a local claims center in Philadelphia?
- If you are a high risk driver, do they have special markets for your coverage?
- Are they primarily personal or commercial lines agents in Philadelphia?
Below is a list of car insurance companies in Philadelphia who can help you get price quote information for Chevy Cobalt insurance in Philadelphia.
- Erica Bantom Martin – State Farm Insurance Agent
1124 S Broad St – Philadelphia, PA 19146 – (215) 875-8100 – View Map - Michael DeCarlo – State Farm Insurance Agent
326 S 19th St Ste 2 – Philadelphia, PA 19103 – (215) 772-0100 – View Map - HandM Insurance Agency
5829 Rising Sun Ave – Philadelphia, PA 19120 – (215) 745-8001 – View Map - McCollum Insurance Agency
4169 Main St – Philadelphia, PA 19127 – (215) 508-9000 – View Map
After you get answers to your satisfaction to these questions and the cheapest Chevrolet Cobalt insurance in Philadelphia quotes, most likely you have located an insurer that will adequately provide insurance.
Lower Your Philadelphia Insurance Costs
Many factors are taken into consideration when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, but other factors are more transparent such as whether you are married or your vehicle rating. An important part of buying insurance is that you know the different types of things that help determine your car insurance rates. If you have some idea of what impacts premium levels, this enables you to make decisions that may reward you with lower premium levels.
Shown below are a few of the things car insurance companies consider when setting prices.
- Big cities have higher costs – Having an address in less populated areas of the country is a good thing when buying car insurance. Lower population translates into fewer accidents and a lower car theft rate. Drivers who live in large Pennsylvania cities have congested traffic and a longer drive to work. Longer commute distances means higher likelihood of an accident.
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Does insurance coverage cost more for males? – Statistics show that women are safer drivers than men. This data doesn’t prove that males are worse at driving than females. They both are responsible for fender benders in similar percentages, but men have costlier accidents. They also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
The illustration below illustrates the difference between Chevy Cobalt auto insurance rates for male and female drivers. The price estimates are based on no accidents, no driving violations, full physical damage coverage, $100 deductibles, drivers are single, and no discounts are taken into consideration.
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Prices go up with performance – The performance level of the car, truck or SUV you are buying insurance for makes a significant difference in how high your rates are. The most favorable rates will normally be found when insuring low performance passenger cars, but that’s not the only thing that factors into the final price.
The chart below is based on a single male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The data compares Chevrolet Cobalt rates compared to other vehicles that have different performance rating factors.
- Lower rates for vehicles with better crash test results – Safe vehicles can get you lower premiums. Vehicles engineered for safety result in less severe injuries and lower injury rates translates into savings for insurance companies and lower rates for you. If your Chevy earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
- Alarms and GPS tracking lower premiums – Choosing a vehicle with a theft deterrent system can save you some money. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft and help bring rates down.
Protect your Chevy vehicle and other assets
Despite the high cost of buying insurance for a Chevy Cobalt in Philadelphia, paying for insurance is not optional due to several reasons.
- The majority of states have compulsory liability insurance requirements which means state laws require specific limits of liability protection in order to license the vehicle. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a loan on your Cobalt, more than likely the lender will stipulate that you have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank may insure your Chevy for a lot more money and force you to pay for the expensive policy.
- Insurance preserves your Chevy and your assets. It will also pay for medical bills for yourself as well as anyone injured by you. Liability coverage also covers legal expenses if you are sued as the result of your driving. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to have it repaired.
The benefits of having insurance are definitely more than the cost, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is currently overpaying as much as $869 every year so it’s very important to do a rate comparison once a year at a minimum to make sure the price is not too high.
Persistence is the key to cheaper rates
As you restructure your insurance plan, never buy less coverage just to save a little money. There are many occasions where someone sacrificed collision coverage and discovered at claim time that the savings was not a smart move. The ultimate goal is to purchase a proper amount of coverage at a price you can afford, but do not skimp to save money.
Consumers change insurance companies for any number of reasons including lack of trust in their agent, delays in paying claims, extreme rates for teen drivers or an unsatisfactory settlement offer. Regardless of your reason, finding the right car insurance provider is less work than it seems.
In this article, we covered some good ideas how to reduce Chevy Cobalt insurance premium rates online in Philadelphia. The key concept to understand is the more quotes you get, the better your chances of lowering your prices. Consumers may even find the lowest premium rates are with a small mutual company.
Additional learning opportunities
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Who Has Affordable Auto Insurance for Retired Military in Philadelphia? (FAQ)
- How Much are Philadelphia Car Insurance Rates for a Ford Escape? (FAQ)
- How Much are Car Insurance Quotes for Drivers with a DUI in Philadelphia? (FAQ)
- What Insurance is Cheapest for High Mileage Drivers in Philadelphia? (FAQ)
- How to shop for a safer car (Insurance Institute for Highway Safety)
- What is a Telematics Device? (Allstate)