Compare 2004 Chevrolet Malibu Car Insurance Quotes

Are you burned out from sacrificing to keep your car insured? Your situation is no different than millions of other vehicle owners. Big companies like State Farm, Allstate, Geico and Progressive all promote huge savings with ads and it can be hard to ignore the propoganda and take the time to shop coverage around.

Smart consumers take time to get comparison quotes at least once a year because prices change frequently. If you had the best deal for Malibu insurance at your last renewal other companies may now be cheaper. Forget all the misinformation about insurance coverage because you’re about to learn the fastest way to save on insurance coverage.

Finding insurance

Getting a more affordable price on 2004 Chevy Malibu insurance is not a difficult process. You just need to spend a little time comparing price quotes from some recommended companies. It’s super easy and can be done in just a few minutes using one of these methods.

  • The most recommended method consumers can make multiple comparisons is an all-inclusive rate comparison like this one (opens in new window). This easy form eliminates the need for separate quotes for each price estimate. In just a few minutes this one form will get you price quotes from all major companies.
  • A harder way to obtain and compare quotes online consists of going to the website for every company you want to comare and request a quote. For sake of this example, we’ll pretend you need rates from Auto-Owners, Allstate and State Farm. To find out each rate you need to navigate to each company’s site and enter your information, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

  • Even if you have time, the least recommended way to shop rates is driving around to local insurance agencies. The internet eliminates the need for an insurance agent unless you’re the type of person who wants the guidance that only a licensed agent can provide. It is possible to find lower rates online but have your policy serviced through an agent.

Which method you use is up to you, but make sure you are using nearly identical information on every price quote you get. If you have different deductibles it will be nearly impossible to make a fair rate comparison.

Verify you’re earning every discount

Companies don’t always advertise every available discount in an easy-to-find place, so the next list breaks down both well-publicized in addition to some of the lesser obvious credits available to lower your premiums when you buy insurance online.

  • Homeowners Discount – Simply owning a home may trigger a policy discount on insurance due to the fact that maintaining a home is proof of financial responsibility.
  • Cautious Driver Discount – Safe drivers can save up to 40% or more on their insurance quote for Malibu insurance than less cautious drivers.
  • New Car Discount – Buying a new car instead of a used car can get you a discount since newer vehicles are generally safer.
  • First Accident Forgiveness – but companies like Geico and Liberty Mutual will turn a blind eye to one accident without getting socked with a rate hike as long as you don’t have any claims for a set time period.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.

A little note about advertised discounts, some credits don’t apply the the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all those discounts means the company will pay you, that’s just not realistic.

A few of the larger companies and their offered discounts are included below.

  • State Farm may have discounts that include Steer Clear safe driver discount, Drive Safe & Save, good driver, multiple policy, and defensive driving training.
  • American Family discounts include good student, early bird, defensive driver, TimeAway discount, multi-vehicle, good driver, and bundled insurance.
  • Geico may offer discounts for military active duty, defensive driver, anti-theft, membership and employees, seat belt use, and emergency military deployment.
  • 21st Century policyholders can earn discounts including air bags, anti-lock brakes, good student, automatic seat belts, teen driver, homeowners, and 55 and older.
  • Progressive includes discounts for homeowner, multi-vehicle, online signing, online quote discount, multi-policy, good student, and continuous coverage.

Before you buy a policy, ask all companies you are considering which discounts you qualify for. Discounts might not be available to policyholders in your area. To view companies with significant discounts, follow this link.

When should I discuss my situation with an agent?

When buying adequate coverage for your vehicles, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions might help in determining if you would benefit from professional advice.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Should I put collision coverage on all my vehicles?
  • When does my teenage driver need to be added to my policy?
  • Should I bundle my homeowners policy with my auto?
  • Why am I required to get a high-risk car insurance policy?
  • Do I need PIP (personal injury protection) coverage in my state?
  • I have health insurance so do I need medical payments coverage?
  • Am I covered when delivering products for my home-based business?
  • Do I need replacement cost coverage?
  • What can I do if my company denied a claim?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, free and can help protect your family.

How do insurance providers determine Chevy Malibu insurance prices?

Many things are taken into consideration when pricing auto insurance. Some are obvious such as your driving record, but other factors are less obvious such as your credit history and annual miles driven.

  • Your occupation can affect prices – Do you work in a high-stress field? Careers such as military generals, architects and medical professionals generally pay the highest average rates due to high stress levels and lengthy work days. On the flip side, professions such as actors, students and the unemployed pay lower than average rates for Malibu insurance.
  • Safer vehicles cost less to insure – Safe vehicles can get you lower premiums. These vehicles reduce the chance of injuries and lower injury rates translates into fewer and smaller insurance claims and lower rates for you.
  • Better premiums for continuous insurance coverage – Driving your car without having proper coverage can get your license suspended and companies may charge more for letting your coverage cancel without a new policy in place. In addition to paying higher premiums, the inability to provide proof of insurance could result in a fine, jail time, or a revoked license. You may then be required to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Safeguard your assets with liability insurance – Liability coverage is the protection when you are found liable for personal injury or accident damage. Your liability coverage provides legal defense which can cost a lot. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • City dwellers may pay more – Choosing to live in small towns and rural areas can be a good thing when talking about insurance. Fewer drivers on the road translates into fewer accident claims and also fewer theft and vandalism claims. Drivers who live in large cities tend to have more traffic problems and more time behind the wheel. More time on the road means more chance of being in an accident.
  • Your credit rating is important – An insured’s credit rating is a large factor in determining what you pay for insurance. Drivers who have very high credit ratings tend to be better drivers and file fewer claims than drivers with lower credit ratings. Therefore, if your credit score can use some improvement, you may save money insuring your 2004 Chevrolet Malibu if you improve your credit rating.
  • Safer vehicles that cut prices – Selecting a car model with advanced anti-theft systems can save you a little every year. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent your car from being stolen.

Car insurance coverages for a 2004 Chevy Malibu

Learning about specific coverages of a insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages available from insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like fire damage, damage from a tornado or hurricane and rock chips in glass. The highest amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverage

This coverage can cover damage that occurs to a person or their property. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims like pain and suffering, court costs and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as damage to your 2004 Chevy Malibu.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision insurance

Collision insurance covers damage to your Malibu resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as rolling your car, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for immediate expenses like nursing services, EMT expenses, pain medications and dental work. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

More quotes. Lower rates.

Lower-priced insurance can be purchased from both online companies as well as from independent agents, and you need to comparison shop both to have the best rate selection. A few companies do not offer online rate quotes and these small insurance companies work with independent agents.

When searching for the cheapest insurance quotes, do not buy poor coverage just to save money. There are a lot of situations where drivers have reduced liability coverage limits only to find out that it was a big mistake. Your goal is to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

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