How Much Does 2002 Chevrolet Malibu Car Insurance Cost?

Trying to find better insurance rates for your Chevrolet Malibu? Searching for better insurance prices for a Chevy Malibu could be a painful process, but you can learn a few tricks to save time. There are more efficient ways to compare insurance rates so we’re going to tell you the proper way to get price quotes for a new or used Chevy and obtain the lowest price from both online companies and local agents.

It’s a good idea to do price comparisons before your policy renews due to the fact that insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest price for Malibu coverage a year ago there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about insurance because you’re about to learn one of the easiest ways to reduce your cost while improving coverage.

How to buy insurance coverage online

Most of the larger companies allow consumers to get coverage price quotes from their websites. Getting online quotes is very simple as you just type in the coverage amounts you desire into the quote form. After you complete the form, their quoting system makes automated requests for credit information and your driving record and quotes a price based on these factors.

This simplifies rate comparisons, but the work required to visit many different websites and type in the same data can be a bit repetitive. But it’s absolutely necessary to have as many quotes as possible if you want to find the lowest insurance coverage rates.

Keep reading for an easier way to compare prices

A better way to find cheaper rates utilizes a single form that analyzes rates from a lot of companies. This type of form saves time, helps eliminate reptitive entry, and makes online price comparison a little more enjoyable. Once the form is submitted, it is quoted and you can select any or none of the returned quotes. If you find a better price you can simply submit the application and purchase coverage. It only takes a few minutes and you will know how your current rates stack up.

To quickly compare rates now, click here to open in a new tab and begin entering your coverage information. If you have coverage now, it’s recommended you type in as close as possible to your current policy. This ensures you will get comparison quotes using the same coverage and limits.

Get cheaper insurance with discounts

Insurance can be prohibitively expensive, but there may be some discounts that may help make it more affordable. Most are applied at quote time, but a few must be specially asked for prior to getting the savings.

  • Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.
  • Discounts for Good Drivers – Insureds who avoid accidents can get discounts for up to 45% lower rates for Malibu coverage compared to rates paid by drivers with frequent claims.
  • Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in school.
  • Discount for Passive Restraints – Factory air bags or motorized seat belts may qualify for discounts up to 30%.
  • College Student – who attend college more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • More Vehicles More Savings – Having multiple cars on one policy qualifies for this discount.
  • Memberships – Affiliation with specific professional or occupational memberships or organizations can get you a small discount when shopping for insurance.
  • Low Mileage Discounts – Low annual miles could earn discounted premium rates on garaged vehicles.
  • Multi-policy Discount – If you can combine your homeowners and auto policy with the same insurance company you may save approximately 10% to 15%.
  • One Accident Forgiven – Not really a discount, but a handful of insurance companies will forgive one accident before raising your premiums with the catch being you have to be claim-free for a certain period of time.

Drivers should understand that many deductions do not apply the the whole policy. Some only apply to specific coverage prices like medical payments or collision. Even though it appears all the discounts add up to a free policy, insurance companies aren’t that generous.

To see a list of companies with the best insurance discounts, click here.

Tailor your insurance coverage coverage to you

When it comes to choosing proper insurance coverage for your personal vehicles, there is no one size fits all plan. Everyone’s situation is a little different.

For example, these questions might help in determining whether or not you would benefit from professional advice.

  • Should I buy additional glass protection?
  • Is my Chevy Malibu covered if I use it for business?
  • Is my state a no-fault state?
  • What is PIP insurance?
  • Is business property covered if stolen from my car?
  • How do I insure my teen driver?
  • Can I still get insurance after a DUI?
  • What is roadside assistance coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

Car insurance coverages 101

Understanding the coverages of your car insurance policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Collision insurance

This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like crashing into a building, colliding with another moving vehicle, backing into a parked car and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Liability coverage

This coverage will cover injuries or damage you cause to other’s property or people by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as pain and suffering, loss of income, emergency aid and attorney fees. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, hitting a deer and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Chevy Malibu.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like pain medications, surgery, rehabilitation expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage