The easiest way to get discount Chevy Cobalt insurance in Boston is to make a habit of regularly comparing prices from providers who provide car insurance in Massachusetts.
Step 1: Get a basic knowledge of auto insurance and the measures you can take to prevent rate increases. Many rating factors that increase rates such as traffic violations and a less-than-favorable credit history can be remedied by making small lifestyle or driving habit changes. This article provides tips to find cheap rates and find missing discounts.
Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or Allstate, while agents who are independent can provide prices from multiple insurance companies.
Step 3: Compare the price quotes to your existing policy to determine if you can save on Cobalt insurance in Boston. If you find a lower rate quote, ensure coverage does not lapse between policies.
Step 4: Tell your current company to cancel your existing policy. Submit a down payment and signed policy application for the new policy. As soon as you receive it, place the new proof of insurance certificate along with the vehicle’s registration papers.
One thing to remember is to make sure you’re comparing identical coverages on every price quote and and to get price estimates from as many companies as feasibly possible. This guarantees a fair price comparison and a good representation of prices.
We don’t have to point out that fact that car insurance companies don’t want customers comparing rates. People who shop around for cheaper rates are highly likely to buy a different policy because there is a high probability of finding a policy with better rates. Remarkably, a study showed that people who compared rates annually saved on average $3,500 over four years compared to those who don’t regularly compare prices.
If finding budget-friendly Chevy Cobalt insurance in Boston is the reason you’re reading this, then knowing how to get free comparison quotes and analyze insurance can make the process less intimidating.
Locating the best rates in Boston can really be easy if you know what you’re doing. If you have a policy now or need new coverage, you can learn to save money without reducing protection. Comparison shoppers just need to know the proper methods to compare price quotes online.
Low Cost companies for Chevy Cobalt insurance in Massachusetts
The companies shown below offer quotes in Boston, MA. To locate the cheapest auto insurance in Boston, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.
Detailed insurance information
The premium table shown next showcases estimates of insurance prices for Chevy Cobalt models. Learning as much as possible about how premiums are established can assist in making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cobalt LS 4-Dr Sedan | $194 | $528 | $426 | $26 | $128 | $1,302 | $109 |
| Cobalt XFE 4-Dr Sedan | $194 | $528 | $426 | $26 | $128 | $1,302 | $109 |
| Cobalt LS 2-Dr Coupe | $222 | $528 | $472 | $28 | $142 | $1,392 | $116 |
| Cobalt XFE 2-Dr Coupe | $222 | $528 | $472 | $28 | $142 | $1,392 | $116 |
| Cobalt LT 4-Dr Sedan | $222 | $528 | $426 | $26 | $128 | $1,330 | $111 |
| Cobalt LT 2-Dr Coupe | $250 | $528 | $472 | $28 | $142 | $1,420 | $118 |
| Cobalt SS Turbo 2-Dr Coupe | $280 | $688 | $472 | $28 | $142 | $1,610 | $134 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Price estimates do not factor in vehicle garaging location which can lower or raise premium rates significantly.
The diagram below illustrates how your choice of deductibles and can change Chevy Cobalt insurance costs for different ages of insureds. The costs are based on a single female driver, comp and collision included, and no discounts are applied.
Difference between full coverage and liability only rates
The example below shows the difference between Chevy Cobalt auto insurance rates when comparing full coverage to state minimum liability only. The premium estimates are based on no violations or accidents, $100 deductibles, single status, and no discounts are taken into consideration.
When to buy liability coverage only
There is no written rule to delete physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Chevy Cobalt replacement cost is $5,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $4,000 after you pay the deductible. If you are paying over $400 a year for full coverage, then it could be time to drop full coverage.
There are a few cases where only buying liability is not financially feasible. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Cheaper rates with these discounts
Some providers don’t always advertise the complete list of policy discounts very clearly, so we researched some of the more common and the harder-to-find credits available to lower your premiums when you buy Boston car insurance online. If you don’t get every credit possible, you’re paying more than you need to.
- Home Ownership Discount – Being a homeowner can help you save on car insurance because maintaining a house shows financial diligence.
- Defensive Driver Discount – Taking a defensive driving course could possibly earn you a 5% discount if your company offers it.
- Discount for New Cars – Buying insurance coverage on a new vehicle can save you some money because new model year vehicles keep occupants safer.
- Senior Citizens – If you’re over the age of 55, you could receive a slight reduction on a Boston car insurance quote.
- Theft Deterrent – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen with less frequency and earn discounts up to 10% off your Boston car insurance quote.
- Accident Free – Insureds who avoid accidents and claims can save substantially when compared to insureds who have frequent claims or accidents.
- First Accident Forgiveness – Not really a discount, but companies like Progressive and Allstate permit an accident before your rates go up so long as you are claim-free prior to being involved in the accident.
- Discount for Low Mileage – Fewer annual miles on your Chevy may enable drivers to earn cheaper premium rates.
- Early Switch Discount – A few insurance companies give discounts for switching policies before your current Cobalt insurance policy expires. This discount can save up to 10%.
- Include Life Insurance and Save – Select insurance carriers reward you with lower prices if you buy life insurance from them.
As is typical with insurance, many deductions do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like comp or med pay. Just because it seems like you can get free auto insurance, you won’t be that lucky. But all discounts will bring down the cost of coverage.
The chart below illustrates the difference between Chevy Cobalt car insurance rates with and without discounts applied to the premium. The rates are based on a female driver, no accidents or driving violations, Massachusetts state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, multi-car, homeowner, and multi-policy discounts applied.
A few companies that may have these benefits include:
Before you buy a policy, ask all companies you are considering which discounts you may be entitled to. Depending on the company, some discounts may not apply to policyholders everywhere. To view providers that offer discounts in Massachusetts, click here to view.
What Determines Chevy Cobalt Insurance Costs?
Many things are considered when premium rates are determined. Most are fairly basic like an MVR report, but others are less obvious such as your marital status or how financially stable you are. Smart consumers have a good feel for the rating factors that help determine your premiums. When you know what positively or negatively impacts premium levels, this allows you to make educated decisions that can earn you lower rates.
The list below includes a few of the things utilized by car insurance companies to help set premiums.
Performance impacts premiums – The make and model of the car you need insurance for makes a substantial difference in your car insurance bill. The lowest premiums will generally be found on smaller low performance passenger cars, but there are many factors that impact the final cost.
The chart below assumes a single female driver age 20, full coverage with $250 deductibles, and no discounts or violations. The chart compares Chevrolet Cobalt car insurance rates compared to other makes and models that have a range of performances.
Low credit rating equals high premiums – Your credit score is a big factor in determining premium rates. People with high credit scores tend to be better risks to insure as compared to drivers with lower credit ratings. If your credit history could use some work, you could pay less to insure your Chevrolet Cobalt by taking the time to improve your credit score.
Get a ticket, pay higher costs – Being a careful driver impacts your car insurance rates tremendously. Good drivers have lower premiums than people who have multiple driving citations. Even a single moving violation can increase the cost of insurance twenty percent or more. Drivers who have gotten multiple violations like DUI, reckless driving or excessive speeding may find they need to submit a SR-22 form with their state’s licensing department in order to legally drive a vehicle.
The illustration below illustrates how violations and at-fault fender-benders can increase Chevy Cobalt annual premium costs for each age group. The premiums assume a married female driver, full coverage, $500 deductibles, and no discounts are taken into consideration.
Do you work long hours in a high stress employer? – Did you know your occupation can influence how much you pay for car insurance? Jobs such as real estate brokers, police officers, and financial analysts tend to have higher rates than average due to intense work-related stress and incredibly demanding work hours. On the other hand, occupations such as farmers, athletes and retirees get better rates.
Never let your car insurance policy lapse – Not having insurance can get you a ticket and companies may charge more for letting your coverage lapse. Not only will you pay more, the inability to provide proof of insurance could result in a revoked license or a big fine. You may then be required to submit proof of financial responsibility or a SR-22 with the Massachusetts motor vehicle department.
Frequent car insurance claims increase prices – If you frequently file small claims, don’t be surprised to see higher premiums or even policy non-renewal. Insurance companies in Massachusetts award better rates to drivers who do not file claims often. Your insurance policy is meant to be used in the event of claims that pose a financial burden.
Alarm systems systems cut premiums – Choosing to buy a car with advanced anti-theft systems can earn a premium discount. Theft prevention features such as OnStar, LoJack tracking, and tamper alarms help track and prevent vehicle theft.
Do I need an agent?
Many drivers would prefer to have an agent’s advice and that can be a great decision Experienced insurance agents are trained to spot inefficiencies and give you someone to call. One of the great benefits of comparing auto insurance online is the fact that drivers can get lower car insurance rates and still buy from a local agent.
Upon completion of this simple form, the quote information is submitted to local insurance agents who can give free rate quotes for your business. There is no need to contact any insurance agencies due to the fact that quote results will go directly to you. If you want to get a price quote from a particular provider, just find their quoting web page and fill out their quote form.
Finding a good provider shouldn’t rely on just the price. Here are some questions you should ask.
- Does the agency have a current Errors and Omissions policy?
- How long has their agency been in business in Boston?
- Will one accident increase rates?
- Can glass repairs be made at your home?
- What insurance companies do they work with in Boston?
- Which family members are covered?
If you want a reliable agent, it’s helpful to know the types of insurance agents from which to choose. Boston agents are classified as either independent agents or exclusive agents depending on their employer. Both can insure your vehicles properly, but it is important to understand the difference in the companies they write for since it could factor into which agent you choose.
Exclusive Auto Insurance Agents
Exclusive insurance agents are contracted to one company and some examples include Farmers Insurance or State Farm. Exclusive agents are unable to place coverage with different providers so they are skilled at selling on more than just price. Exclusive insurance agents are usually well trained on their company’s products which helps them sell on service rather than price. Some insured continue to buy insurance from these agents mostly because of high brand loyalty rather than low rates.
The following is a short list of exclusive agencies in Boston that are able to give price quotes.
- AAA Boston
125 High St – Boston, MA 02110 – (617) 443-9300 – View Map - Allstate Insurance: Abner Joseph
571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490 – View Map
Independent Agents
Independent agents do not write with just one company and that allows them to write policies with an assortment of companies and get you the best rates possible. If you want to switch companies, they can switch companies in-house and you don’t have to do anything.
If you are comparing rate quotes, you will want to get some free quotes from a few independent agents so that you have a good selection of quotes to compare. They often place coverage with small regional insurance companies which can save you money.
Shown below is a short list of independent insurance agencies in Boston that can give you price quote information.
- Cecil N Marchionne Insurance Agency, Inc
506 Main St – Medford, MA 02155 – (781) 391-7100 – View Map - Vargas and Vargas Insurance
1133 Washington St – Dorchester Center, MA 02124 – (617) 298-0655 – View Map - Security Insurance Agency, Inc
313 Washington St – Brookline, MA 02445 – (617) 739-2886 – View Map
After receiving good feedback to all your questions as well as cheap Cobalt insurance quotes, it’s possible that you found an auto insurance agent that is professional and can properly insure your vehicles. Keep in mind consumers can cancel a policy whenever you want so never assume that you are permanently stuck with any specific company for any length of time.
Shop around and save
Lower-priced insurance in Boston is available on the web and also from your neighborhood Boston agents, and you should compare rates from both to have the best selection. Some insurance companies do not provide rates over the internet and these regional carriers work with local independent agents.
We just presented a lot of techniques to find cheaper Chevy Cobalt insurance in Boston. The key concept to understand is the more quotes you get, the better likelihood of getting low cost Boston car insurance quotes. You may even be surprised to find that the best price on insurance is with a smaller regional carrier.
Insureds who switch companies do it for a number of reasons such as not issuing a premium refund, poor customer service, high rates after DUI convictions and even being labeled a high risk driver. Regardless of your reason, choosing a new insurance company can be pretty painless.
Additional insurance information is located on the following sites:
- Event Data Recorders FAQ (iihs.org)
- What Car Insurance is Cheapest for Good Drivers in Boston? (FAQ)
- Booster Seat Ratings (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)