Trying to find low-cost insurance for a new or used Chevy Cobalt in Florida can be an all-consuming task, but you can learn our auto insurance buying tips to save time. There are more efficient ways to shop for auto insurance and you need to know the quickest way to compare rates for your Chevy and locate the lowest possible price from both online companies and Orlando agents.
It’s smart to compare prices once or twice a year because insurance prices change frequently. Even if you got the lowest price on Chevy Cobalt insurance in Orlando a couple years back the chances are good that you can find a lower rate today. Block out anything you think you know about auto insurance because we’re going to show you how to quote online to save on auto insurance.
If you have a policy now or need a new policy, use these cost-cutting techniques to reduce premiums without sacrificing coverage. Obtaining price quotes for the cheapest protection in Orlando is simple if you know the tricks. Comparison shoppers just have to know the fastest way to compare rate quotes on the web.
The best way to compare insurance rates in your area is to know most insurance companies actually pay money for the chance to give you rate quotes. All consumers are required to do is provide a little information such as how your vehicles are used, how much coverage you want, your job, and how many miles driven. Those rating factors is submitted instantly to many highly-rated insurers and they return cost estimate immediately.
To start a rate quote now, click here and complete the quick form.
The companies in the list below have been selected to offer price quotes in Florida. To buy cheap car insurance in Orlando, FL, we suggest you visit two to three different companies in order to get a fair rate comparison.
Insurance discounts are available to get cheap rates
Insurance can cost an arm and a leg, but discounts can save money and there are some available that can help lower your rates. Certain discounts will be applied when you complete an application, but a few need to be inquired about before being credited.
- Telematics Data – Insureds who allow their insurance company to look at driving manner by using a telematics device like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates if they exhibit good driving behavior.
- Home Ownership Discount – Simply owning a home can save you money due to the fact that maintaining a home means you have a higher level of financial diligence.
- First Accident Forgiveness – This one isn’t a discount, but a few companies such as GEICO and Allstate will turn a blind eye to one accident without the usual rate increase so long as you haven’t had any claims for a set time period.
- Discount for New Cars – Buying a new car instead of a used Cobalt can get you a discount because newer vehicles keep occupants safer.
- Drivers Ed for Students – Teen drivers should complete a driver education course if offered at their school.
- Accident-Free Discounts – Insureds with no claims or accidents have much lower rates in comparison with insureds who have frequent claims or accidents.
- Save with More Vehicles Insured – Buying a policy with multiple cars with the same insurance company can get a discount for every vehicle.
Discounts save money, but please remember that some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as medical payments or collision. Even though the math looks like adding up those discounts means a free policy, that’s just not realistic.
The example below illustrates the comparison of Chevy Cobalt insurance premiums with and without discounts. The premiums are based on a male driver, no claims or violations, Florida state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, homeowner, claim-free, multi-policy, and safe-driver discounts applied.
Companies and their offered discounts are shown below.
- GEICO offers discounts for seat belt use, multi-policy, anti-theft, multi-vehicle, good student, and defensive driver.
- Mercury Insurance discounts include annual mileage, good student, professional/association, age of vehicle, and low natural disaster claims.
- Farmers Insurance policyholders can earn discounts including alternative fuel, mature driver, early shopping, business and professional, electronic funds transfer, switch companies, and bundle discounts.
- Auto-Owners Insurance may include discounts for anti-lock brakes, company car, mature driver, student away at school, and teen driver.
- Liberty Mutual has discounts for preferred payment discount, hybrid vehicle, teen driver discount, exclusive group savings, multi-car, safety features, and newly married.
- SAFECO includes discounts for teen safety rewards, multi-car, accident prevention training, anti-theft, and anti-lock brakes.
- Progressive has savings for good student, multi-vehicle, online quote discount, multi-policy, and continuous coverage.
- USAA may offer discounts for new vehicle, defensive driver, family discount, vehicle storage, military installation, annual mileage, and multi-policy.
Check with each insurance company which credits you are entitled to. All car insurance discounts might not apply in Orlando. If you would like to choose from a list of insurance companies that have a full spectrum of discounts in Orlando, click here to view.
Coverage information
The premium information shown below covers different policy rates for Chevy Cobalt models. Knowing how insurance policy rates are calculated helps drivers make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $224 | $594 | $570 | $34 | $170 | $1,592 | $133 |
| Cobalt XFE 4-Dr Sedan | $224 | $594 | $570 | $34 | $170 | $1,592 | $133 |
| Cobalt LS 2-Dr Coupe | $256 | $594 | $630 | $38 | $188 | $1,706 | $142 |
| Cobalt XFE 2-Dr Coupe | $256 | $594 | $630 | $38 | $188 | $1,706 | $142 |
| Cobalt LT 4-Dr Sedan | $256 | $594 | $570 | $34 | $170 | $1,624 | $135 |
| Cobalt LT 2-Dr Coupe | $290 | $594 | $630 | $38 | $188 | $1,740 | $145 |
| Cobalt SS Turbo 2-Dr Coupe | $322 | $774 | $630 | $38 | $188 | $1,952 | $163 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Prices do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage rates greatly.
Physical damage deductible comparison
The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The comparison tables below approximate the difference in cost when you choose different deductibles. The first set of rates uses a $100 deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $312 | $764 | $472 | $28 | $142 | $1,743 | $145 |
| Cobalt XFE 4-Dr Sedan | $312 | $764 | $472 | $28 | $142 | $1,743 | $145 |
| Cobalt LS 2-Dr Coupe | $358 | $764 | $522 | $30 | $156 | $1,855 | $155 |
| Cobalt XFE 2-Dr Coupe | $358 | $764 | $522 | $30 | $156 | $1,855 | $155 |
| Cobalt LT 4-Dr Sedan | $358 | $764 | $472 | $28 | $142 | $1,789 | $149 |
| Cobalt LT 2-Dr Coupe | $406 | $764 | $522 | $30 | $156 | $1,903 | $159 |
| Cobalt SS Turbo 2-Dr Coupe | $452 | $994 | $522 | $30 | $156 | $2,179 | $182 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $228 | $516 | $472 | $28 | $142 | $1,386 | $116 |
| Cobalt XFE 4-Dr Sedan | $228 | $516 | $472 | $28 | $142 | $1,386 | $116 |
| Cobalt LS 2-Dr Coupe | $262 | $516 | $522 | $30 | $156 | $1,486 | $124 |
| Cobalt XFE 2-Dr Coupe | $262 | $516 | $522 | $30 | $156 | $1,486 | $124 |
| Cobalt LT 4-Dr Sedan | $262 | $516 | $472 | $28 | $142 | $1,420 | $118 |
| Cobalt LT 2-Dr Coupe | $296 | $516 | $522 | $30 | $156 | $1,520 | $127 |
| Cobalt SS Turbo 2-Dr Coupe | $330 | $672 | $522 | $30 | $156 | $1,710 | $143 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Rates do not factor in vehicle location which can influence auto insurance rates greatly.
We can estimate from the data above that using a $100 deductible costs approximately $32 more each month or $384 each year than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you usually have more than 13 months between claims, you would come out ahead if you decide on a higher deductible. Here’s an example of how this decision is made.
| Average monthly premium for $100 deductibles: | $156 |
| Average monthly premium for $500 deductibles (subtract): | – $124 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
An important thing to remember is that raising deductibles to get cheaper rates means you will have to cover more of the damage yourself if you have a claim. It will be required that you have enough extra savings in the event you need to pay the deductible.
Careless driving habits raise auto insurance rates
The information below illustrates how speeding tickets and accidents influence Chevy Cobalt insurance costs for each age group. The rates are based on a married female driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
Rate comparison of males versus females in Orlando
The chart below compares Chevy Cobalt insurance costs for male and female drivers. The premiums assume no accidents or driving violations, comp and collision included, $100 deductibles, single marital status, and no other discounts are factored in.
Car insurance is available from local agents
Some people prefer to get professional advice from a licensed agent and that is OK! Experienced insurance agents will help you protect your assets and help you file claims. An additional benefit of price shopping on the web is that you can find the best rates and still have a local agent.
Once you complete this short form, your insurance coverage information is emailed to insurance agents in Orlando that can provide free Orlando car insurance quotes to get your business. There is no need to do any legwork as quotes are delivered to the email address you provide. If you wish to get a rate quote for a specific company, feel free to find their quoting web page and fill out their quote form.
Finding the right insurer is decision based upon more than just the price. You should also get answers to these questions.
- What kind of financial rating does the company have?
- How often do they review policy coverages?
- Do they offer rental car reimbursement?
- How would your car be valued if totaled?
- How long have they been in business?
- Are claims handled at the agent’s location?
- Do they make recommendations based only on price?
If you want to use a local Orlando insurance agency, it helps to know the two different agency structures to choose from. Agents in Orlando are categorized either exclusive agents or independent agents. Either can write policy coverage, but it’s important to point out the difference between them since it could factor into the kind of agent you use.
Exclusive Agencies
Agents of this type generally can only insure with one company such as AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot place coverage with different providers so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are highly trained on the products they sell which helps overcome the inability to quote other rates. Many people purchase coverage from exclusives partially due to the prominence of the brand and the convenience of having a single billing for all their coverages.
Listed below is a short list of exclusive agents in Orlando that are able to give rate quotes.
- Rick Fowler – State Farm Insurance Agent
2700 Corrine Dr – Orlando, FL 32803 – (407) 897-8100 – View Map - Rocco English – State Farm Insurance Agent
7536 Dr Phillips Blvd #320 – Orlando, FL 32819 – (407) 351-5353 – View Map - Bill Cordy – State Farm Insurance Agent
2737 N Hiawassee Rd – Orlando, FL 32818 – (407) 298-9996 – View Map
Independent Agencies or Brokers
Agents in the independent channel are not employed by any specific company and that gives them the ability to insure with a variety of different insurance companies and get the cheapest rates. If they quote lower rates, your agent can switch companies and that require little work on your part.
When comparing car insurance rates, you will definitely want to include price quotes from a couple of independent agencies for maximum quote selection. Most can insure with less well-known companies which can be an advantage.
Below is a list of independent agencies in Orlando that are able to give price quote information.
- Risk Transfer Insurance Agency
219 E Livingston St – Orlando, FL 32801 – (407) 481-9363 – View Map - SVF Insurance LLC
1205 N Pine Hills Rd – Orlando, FL 32808 – (407) 447-2204 – View Map - JCJ Insurance Agency LLC
2208 Hillcrest St – Orlando, FL 32803 – (321) 445-1117 – View Map
Car insurance just makes sense
Despite the high cost of buying insurance for a Chevy Cobalt in Orlando, paying for car insurance may not be optional for several reasons.
First, the majority of states have minimum liability requirements which means you are required to carry a specific level of liability protection in order to drive the car. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your vehicle, almost every bank will force you to buy full coverage to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may insure your Chevy for a much higher rate and make you pay the higher premium.
Third, car insurance protects your Chevy and your assets. It will also pay for medical bills for yourself as well as anyone injured by you. As part of your policy, liability insurance also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your Chevy gets damaged, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance more than offset the price you pay, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver is overpaying more than $865 each year so it’s important to compare rates at every policy renewal to help ensure money is not being wasted.
Educate yourself about car insurance coverages
Learning about specific coverages of car insurance aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.
Coverage for uninsured or underinsured drivers
This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your Chevy Cobalt.
Because many people carry very low liability coverage limits (10/20/10), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.
Comprehensive car insurance
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things like damage from flooding, damage from a tornado or hurricane, vandalism, falling objects and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Coverage for medical expenses
Med pay and PIP coverage provide coverage for expenses like pain medications, ambulance fees, dental work, EMT expenses and hospital visits. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible
Collision coverage
Collision coverage pays for damage to your Cobalt from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against claims like colliding with a tree, sideswiping another vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible on your Cobalt to save money on collision insurance.
Liability
Liability insurance will cover injuries or damage you cause to people or other property in an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 10/20/10 that translate to a limit of $10,000 per injured person, a limit of $20,000 in injury protection per accident, and $10,000 of coverage for damaged property.
Liability coverage pays for things such as medical services, attorney fees, structural damage, medical expenses and legal defense fees. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Florida state minimum liability requirements are 10/20/10 but you should think about purchasing more liability than the minimum.
The chart below demonstrates why buying minimum limits may not provide adequate coverage.
Quote more and you will save more
Drivers who switch companies do it for a variety of reasons including delays in paying claims, being labeled a high risk driver, unfair underwriting practices and even not issuing a premium refund. It doesn’t matter what your reason, switching insurance companies can be easy and end up saving you some money.
We just presented a lot of techniques to compare Chevy Cobalt insurance prices in Orlando. The most important thing to understand is the more providers you compare, the higher the chance of saving money. You may even find the biggest savings come from the least-expected company.
The cheapest Chevy Cobalt insurance in Orlando can be sourced from both online companies as well as from insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some companies do not provide the ability to get quotes online and most of the time these smaller companies only sell coverage through independent agents.
How to buy low-cost Chevy Cobalt insurance in Orlando
If your goal is the lowest price, then the best way to get the cheapest Chevy Cobalt insurance in Orlando is to regularly compare price quotes from insurance carriers who can sell car insurance in Florida. Drivers can shop around by following these steps.
- First, learn about auto insurance and the changes you can make to prevent rate increases. Many factors that drive up the price such as inattentive driving and poor credit rating can be amended by improving your driving habits or financial responsibility.
- Second, get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like GEICO or State Farm, while independent agencies can quote prices for a wide range of insurance providers. View insurance agents
- Third, compare the new rate quotes to your existing coverage to see if cheaper Cobalt coverage is available in Orlando. If you find a lower rate and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
- Fourth, tell your current agent or company of your decision to cancel your current auto insurance policy. Submit a down payment and signed policy application to the new company. Be sure to keep your new certificate verifying proof of insurance in a readily accessible location in your vehicle.
One thing to point out is to use identical coverage information on each quote and and to look at all possible companies. Doing this enables an apples-to-apples comparison and a thorough price selection.
Even more information can be read at these sites:
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- What Insurance is Cheapest for Felons in Orlando? (FAQ)
- Who Has Affordable Orlando Auto Insurance for Lyft Drivers? (FAQ)
- Event Data Recorders FAQ (iihs.org)
- Think You’re a Safe Driver? (State Farm)
- What is a Telematics Device? (Allstate)
- How Much Auto Coverage do I Need? (Insurance Information Institute)