2012 Chevrolet Malibu Insurance Rates – 7 Ways to Save

Locating better insurance prices for a new or used Chevy Malibu can be an all-consuming task, but you can use our insurance buying tips to make it easier.

There is a better way to find insurance online so you’re going to learn the absolute fastest way to get price quotes for your Chevy and locate the best price possible from local insurance agents and online providers.

It’s a good idea to quote other rates on a regular basis since rates are rarely the same from one policy term to another. Despite the fact that you may have had the best deal on Malibu insurance at your last renewal the chances are good that you can find a lower price today. Forget anything you know (or think you know) about insurance because you’re about to find out the things you must know in order to lower your rates without sacrificing coverage.

If you have insurance now or are looking for a new policy, you can follow these tips to find the best rates while maintaining coverages. Locating more affordable coverage can be fairly easy. Drivers just need to understand the most efficient way to compare rates over the internet.

Buy insurance coverage online

Finding a lower price on 2012 Chevy Malibu insurance is not a difficult process. You just need to take a few minutes to compare rate quotes to find out which insurance company has the cheapest car insurance quotes. Shoppers can get rates using one of these methods.

  1. One of the best ways to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This easy form prevents you from having to do a different quote for each company. A single, simple form will get you price quotes from many national carriers. Just one form and you’re done.
  2. A less efficient way to compare rate quotes requires a visit to the website of each company and fill out their own quote form. For instance, we’ll pretend you are doing a rate comparison from Auto-Owners, State Farm and Liberty Mutual. You would have to go to each individual site and punch in your information repeatedly, which is why first method is reommended. To view a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just ensure you are comparing exactly the same quote information for each quote you get. If your comparisons have different limits and deductibles on each one it will be very difficult to make a fair rate comparison.

Take advantage of every insurance coverage discount

Some insurers don’t list every policy discount very well, so the list below details some of the more common as well as some of the hidden credits available to you.

  • College Student – Youth drivers who are enrolled in higher education away from home and won’t have access to an insured vehicle can be insured at a reduced rate.
  • Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% on Malibu insurance than their less cautious counterparts.
  • Seat Belts Save – Drivers who require all vehicle occupants to buckle their seat belts can save a little off the PIP or medical payment premium.
  • Lower Rates for Military – Having a deployed family member could qualify you for better prices.
  • Paperless Signup – Some larger companies may give you up to $50 for completing your application over the internet.
  • Telematics Devices – Drivers who agree to allow their insurance company to monitor their driving habits by using a telematics device like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if they are good drivers.
  • Driver’s Ed – It’s a good idea to have your young drivers sucessfully take a drivers education course if offered at their school.

As a footnote on discounts, most of the big mark downs will not be given to the entire policy premium. Most only reduce the cost of specific coverages such as medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.

Companies who may offer many of the previously listed discounts are:

If you are trying to find cheaper car insurance quotes, ask each insurance company how you can save money. Some discounts may not apply to policyholders in your area. To choose insurance companies that offer discounts, click here.

How to know if you need help

When it comes to choosing adequate coverage, there is no perfect coverage plan. Every insured’s situation is different.

For instance, these questions may help highlight if your situation could use an agent’s help.

  • Is extra glass coverage worth it?
  • How do I file an SR-22 for a DUI in my state?
  • Am I covered if my car is in a flood?
  • Do all my vehicles need collision coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • What is high-risk coverage and where do I buy it?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and may give you better protection.

Learn about car insurance coverages for a Chevy Malibu

Knowing the specifics of your 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 nobody wants to actually read their policy.

Coverage for medical payments – Coverage for medical payments and/or PIP kick in for bills for nursing services, pain medications and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Collision coverage – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as sideswiping another vehicle, crashing into a ditch, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive coverages – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from flooding, damage from getting keyed and hail damage. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2012 Chevy Malibu.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Frequently these coverages are set the same as your liablity limits.

Auto liability insurance – Liability coverage protects you from damage that occurs to a person or their property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things such as medical expenses, medical services, emergency aid and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.

Don’t throw your cash in the trash

As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. In too many instances, an insured cut physical damage coverage only to find out they didn’t have enough coverage. Your objective should be to buy enough coverage at an affordable rate but still have enough coverage for asset protection.

There are still a few companies who do not offer price quotes online and most of the time these small, regional companies provide coverage only through independent agents. Cheaper insurance coverage is definitely available on the web and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money.

Insureds leave their current company for a number of reasons such as an unsatisfactory settlement offer, not issuing a premium refund, extreme rates for teen drivers or high prices. It doesn’t matter what your reason, finding a new insurance coverage company can be easier than you think.

Much more information about insurance coverage is located on the following sites: