Cheap Pittsburgh Chevy Cobalt Insurance

It takes a few minutes, but the best way to save on Chevy Cobalt insurance is to start comparing rates regularly from insurance carriers in Pittsburgh.

1. Try to learn about individual coverages and the factors you can control to prevent high rates. Many policy risk factors that increase rates like multiple speeding tickets and a less-than-favorable credit history can be eliminated by improving your driving habits or financial responsibility.
2. Compare rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from one company like GEICO or State Farm, while independent agents can provide price quotes from many different companies.
3. Compare the new rate quotes to your current policy premium and determine if cheaper Cobalt coverage is available in Pittsburgh. If you find a lower rate and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.

A key point to remember is that you use the same level of coverage on each price quote and and to get rates from every company you can. Doing this ensures the most accurate price comparison and plenty of rates choose from.

Shockingly, 70% of consumers have remained with the same car insurance company for at least four years, and roughly 40% of drivers have never compared rates to find cheap insurance. Most drivers in Pennsylvania can save hundreds of dollars each year just by comparing rates, but they just assume it’s a time-consuming process to find cheap rates by getting comparison quotes.

If you currently have a car insurance policy, you stand a good chance to be able to shop for the lowest rates using this information. Finding the cheapest auto insurance coverage in Pittsburgh can be much easier if you know how to start. Nevertheless, Pennsylvania consumers do need to know how the larger insurance companies determine prices because rates are impacted by many factors.

Low cost Chevy Cobalt insurance prices in Pittsburgh, PA

When comparison shopping, there are several ways of comparing rate quotes from companies that offer auto insurance in Pennsylvania. The easiest way to comparison shop is simply to get online rate quotes.

Getting free rates online is quite simple, and it makes it obsolete to actually drive to each insurance agency near you. The ability to get quotes online eliminates this option unless you’re the type of person who wants the professional advice only provided by licensed agents. Although you can price shop your coverage online but have your policy serviced through an agent.

Just remember that comparing all the rates in your area gives you a better chance of getting more affordable rates.

The companies shown below are ready to provide comparison quotes in Pittsburgh, PA. If multiple companies are listed, we suggest you click on several of them in order to get a fair rate comparison.

Auto insurance statistics for a Chevy Cobalt

The information displayed below covers different rate quotes for Chevy Cobalt models. Having a good grasp of how insurance rates are calculated is important for drivers to make smart choices when comparing insurance rates.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Premium amounts do not factor in specific location information which can decrease or increase premium rates greatly.

Comparison of policy deductibles

When comparing auto insurance rates, the most common question is how high should the physical damage deductibles be. The comparisons below approximate the cost difference when you choose different deductibles. The first rate comparisons uses a $100 deductible for physical damage and the second pricing table uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in vehicle location which can lower or raise price quotes noticeably.

Using the premium rates above, we can conclude that using a $100 deductible would cost the average driver about $37 more each month or $444 for a full year than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go at a minimum 24 months between claim filings, you would save money by going with a higher deductible. Here is the way you can make this decision for your own policy.

Safe drivers Pittsburgh pay cheaper rates

The example below highlights how speeding tickets and at-fault collisions impact Chevy Cobalt auto insurance costs for different age groups. The premium estimates are based on a married male driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.

Cost of full coverage

The illustration below shows the difference between Chevy Cobalt insurance costs with and without physical damage coverage. The data is based on a clean driving record, no at-fault accidents, $1,000 deductibles, single marital status, and no policy discounts are applied.

When to stop paying for full coverage

There isn’t a written rule to stop paying for full coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.

For example, let’s pretend your Chevy Cobalt replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $7,000 after paying the physical damage deductible. If you are paying over $700 a year for physical damage coverage, then it might be time to consider dropping full coverage.

There are a few cases where buying only liability insurance is not in your best interest. If you haven’t paid off your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not remove full coverage.

Informed Consumers Know How to Find Auto Insurance Cheaper

Multiple criteria are used when you quote your car insurance policy. Some are obvious such as your driving history, but other criteria are more obscure such as your marital status and annual miles driven. An important part of buying insurance is that you know a few of the rating criteria that aid in calculating the price you pay for auto insurance. If you have a feel for what influences your rates, this enables you to make decisions that may result in lower premium levels.

The following are some of the most common factors auto insurance companies consider when setting prices.

High claims frequency drives up premiums – Auto insurance companies in Pennsylvania give better rates to drivers who do not rely on their insurance for small claims. If you file a lot of claims you can expect higher premiums or even policy non-renewal. Auto insurance is intended for more catastrophic claims.

Defend yourself with liability coverage – The liability section of your policy is the protection when you are found to be at fault for damages from an accident. This coverage provides for a legal defense which can cost a lot. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.

Policy add-ons may be wasting money – There are quite a few extra bells and whistles that you can buy when buying auto insurance. Insurance for replacement cost coverage, towing, and Farm Bureau memberships may be wasting your money. They may sound like good ideas at first, but if you have no use for them eliminate the coverages to reduce your premium.

Bundle policies to earn discounts – Most auto insurance companies allow a discount for people that buy multiple policies such as combining an auto and homeowners policy. Even if you already get this discount, drivers will still want to compare other Pittsburgh Cobalt insurance rates to ensure the best deal.

Marriage is a good thing – Having a spouse may cut your premiums on auto insurance. Marriage may mean you are more financially stable and it’s proven that drivers who are married file infrequent claims.

Three reasons to insure your Chevy Cobalt

Despite the fact that insurance is not cheap in Pittsburgh, paying for insurance serves an important purpose.

• Almost all states have mandatory insurance requirements which means state laws require specific minimum amounts of liability coverage 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 your Cobalt has a loan, most banks will require you to have insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Chevy for a much higher rate and force you to pay for the expensive policy.
• Insurance safeguards not only your Chevy Cobalt but also your financial assets. It will also pay for all forms of medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if you cause an accident and are sued. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will cover the repair costs.

The benefits of having insurance definitely exceed the price paid, especially with large liability claims. As of last year, the average driver in Pennsylvania is overpaying more than $850 per year so you should quote and compare rates once a year at a minimum to save money.