2013 Chevrolet Malibu Insurance Quotes

Shopping for the cheapest insurance on the web might seem somewhat difficult for consumers that are relatively new to comparing rates and buying insurance on the web. When there are so many online companies available, how can drivers be able to compare every one to find the cheapest price possible?

It is always a good idea to get comparison quotes once or twice a year because insurance rates are variable and change quite frequently. Even if you got the best premium rates on Malibu coverage a couple years back a different company probably has better prices today. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to the right way to lower your rates without sacrificing coverage.

Finding the best coverage can be fairly easy. Just about every driver who has to buy insurance coverage will most likely be able to find better rates. Nevertheless, vehicle owners must know how insurance companies sell insurance online and take advantage of how the system works.

How much is auto insurance?

When shopping for low cost auto insurance quotes, there are a couple of ways to compare quotes from many auto insurance companies in your state. The simplest method to lower the rate you pay for 2013 Chevy Malibu insurance is to use the internet to compare rates. This can be done in just a few minutes using one of these methods.

  • The easiest and least time consuming way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This style of form eliminates the need for boring form submissions for every auto insurance company. One form compares rates from all major companies.It’s the quickest way to get rates.
  • A slightly less efficient method to shop for auto insurance online requires you to visit each individual company website and repeat the quote process. For example, let’s say you want comparison quotes from USAA, Progressive and State Farm. To get each rate you have to take the time to go to each site and repeatedly type in your coverage information, and that explains why we recommend the first method. To view a list of companies in your area, click here.
  • The most time-consuming method to find lower rates is going to different agent offices. The ability to quote online makes this unnecessary unless you want the extra assistance that can only be provided by a licensed insurance agent. Drivers can find lower rates online but have a local agent actually write the policy.

The method you choose is up to you, but make sure you compare identical information on every quote. If you use different limits and deductibles on each one then you won’t be able to determine the lowest rate for your Chevy Malibu. Even a minor difference in insurance coverages or limits may result in a large different in cost. Just remember that obtaining a wide range of quotes will increase your chances of finding more affordable insurance.

Are you getting every discount?

Companies don’t always publicize every policy discount in an easy-to-find place, so we break down some of the best known in addition to some of the lesser obvious credits available to lower your premiums when you buy auto insurance online.

  • Active Military Service – Being deployed with a military unit could mean lower prices.
  • Pay Now and Pay Less – By paying your entire bill at once rather than paying monthly you can avoid the installment charge.
  • Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off on Malibu coverage but check with your company.
  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts can save a little on the premium charged for medical payments and/or PIP.
  • Good Student – A discount for being a good student can save 20 to 25%. The discount lasts until age 25.
  • Accident-Free Discounts – Claim-free drivers get the best auto insurance rates as opposed to accident-prone drivers.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in school or through a local driver safety program.
  • Sign Online – A handful of auto insurance companies will provide an incentive for buying your policy on the internet.

You can save money using discounts, but most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. So even though you would think you would end up receiving a 100% discount, companies don’t profit that way.

A partial list of companies that may offer policyholders these benefits include:

It’s a good idea to ask all companies you are considering which discounts can lower your rates. Some discounts listed above may not apply to policyholders in your area.

When in doubt talk to an agent

When it comes to buying adequate coverage for your vehicles, there really is not a “best” method to buy coverage. Each situation is unique.

These are some specific questions can aid in determining if your insurance needs will benefit from professional help.

  • What is an SR-22 filing?
  • Does my policy pay for OEM or aftermarket parts?
  • What companies insure drivers after a DUI or DWI?
  • What is medical payments coverage?
  • If I drive on a suspended license am I covered?
  • Is a blown tire covered by insurance?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Six things that impact your insurance prices

Lots of factors are part of the equation when pricing auto insurance. Some factors are common sense such as your driving record, but others are more obscure such as your credit history and annual miles driven.

The factors shown below are some of the things used by insurance companies to determine your premiums.

  • Always have auto insurance – Having an insurance coverage lapse is a sure-fire way to increase your renewal premiums. In addition to paying higher rates, getting caught without coverage will get you fines or a revoked license.
  • Choose high NHTSA crash test ratings and save – Cars with five star safety ratings tend to have better insurance rates. Safe vehicles protect occupants better and any reduction in injury severity translates directly to fewer claims and thus lower rates. If the Chevy Malibu scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • With age comes lower prices – Beginning drivers have a tendency to be inattentive and easily distracted when driving with friends therefore auto insurance rates are much higher. Parents adding a youthful driver onto your auto insurance can cause a big jump in price. Older people have been proven to be more responsible, cost insurance companies less in claims , and usually have better credit.
  • What are good liability coverage limits? – Your policy’s liability coverage will afford coverage when a jury decides you are liable for an accident. Liability insurance provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
  • Use credit responsibly and save – Your credit score is likely to be a major factor in determining what you pay. Insureds with high credit scores tend to be more responsible and file fewer claims than those with worse credit. So if your credit is not that good, you could be paying less to insure your 2013 Chevrolet Malibu by spending a little time repairing your credit.
  • Too many insurance claims drive up auto insurance rates – Auto insurance companies award lower rates to policyholders who file claims infrequently. If you frequently file small claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Your insurance policy is intended for claims that you cannot pay yourself.

Do drivers who switch really save $469 a year?

Popular insurance coverage providers such as Geico, State Farm and Progressive regularly use television and radio advertisements. They all seem to tend to make the same promise that you can save if you switch to their company. How does each company make the same claim? This is how they do it.

All companies require specific criteria for the type of driver that will be a good risk. An example of a preferred risk might have to be over the age of 45, owns their home, and drives a vehicle with a low ISO rating. Any driver who meets those qualifications will probably get the lowest prices as well as cut their rates if they switch.

Potential customers who don’t qualify for the “perfect” profile will be charged higher premiums with the end result being the prospect going elsewhere. If you pay attention, the ads say “drivers who switch” not “everyone who quotes” save that much when switching. This is how companies can truthfully make those claims.

Because every company is different, you really should quote coverage with many companies. It is impossible to predict which company will provide you with the cheapest premium rates.

Insurance coverages explained

Knowing the specifics of your policy helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as hospital visits, X-ray expenses, chiropractic care, funeral costs and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Collision coverages – This pays for damage to your Malibu caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as rolling your car, crashing into a ditch, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, damage from a tornado or hurricane, hail damage, rock chips in glass and fire damage. The maximum amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability auto insurance – Liability insurance protects you from damage or injury you incur to other people or property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against things like legal defense fees, medical expenses, structural damage, repair costs for stationary objects and emergency aid. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and also any damage incurred to your Chevy Malibu.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally the UM/UIM limits are similar to your liability insurance amounts.

More quotes mean more savings

As you restructure your insurance plan, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped comprehensive coverage or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase plenty of coverage at the best price.

Budget-friendly auto insurance is attainable from both online companies and with local insurance agents, so you need to shop auto insurance with both in order to have the best chance of saving money. Some insurance companies may not provide the ability to get a quote online and usually these regional carriers work with local independent agents.

People who switch companies do it for a number of reasons such as being labeled a high risk driver, questionable increases in premium, denial of a claim or unfair underwriting practices. It doesn’t matter what your reason, finding the right auto insurance provider is not as hard as you think.

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