2017 Chevrolet Malibu Car Insurance Quotes

Locating the cheapest insurance for a new or used Chevy Malibu can turn out to be difficult, but you can learn the following methods to find lower rates. There are more efficient ways to shop for insurance coverage so you’re going to learn the quickest way to price shop coverage on a Chevy and locate the best price possible from both online companies and local agents.

Why informed consumers pay less for Chevy Malibu insurance

Lots of factors are considered when you quote your car insurance policy. Some are pretty understandable such as your driving history, although some other factors are less obvious like where you live or how financially stable you are.The best way to find cheaper auto insurance is to take a look at a few of the rating criteria that play a part in calculating your premiums. If you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that will entitle you to lower premium levels.

The following are some of the major factors used by insurance companies to determine your rates.

  • Save by driving safer cars – Vehicles with high crash test scores cost less to insure. Safer cars help reduce the chance of injuries in an accident and lower rates of occupant injuries means lower claim amounts and more competitive rates for policyholders. If your Chevy Malibu scored at minimum four stars on Safercar.gov you may be receiving a better rate.
  • Do you know your coverage deductibles? – The deductibles you choose define the amount you are required to spend out-of-pocket if a covered claim is submitted. Physical damage insurance, also known as collision and other-than-collision, covers damage that occurs to your car. Some examples of claims that would be covered are a windshield broken by a bird, hail damage, or theft of your vehicle. The higher the amount you are required to pay out-of-pocket, the lower your rates will be for Malibu insurance.
  • Buy as much liability insurance as you can afford – Your auto insurance policy’s liability coverage will afford coverage when you are found liable for damages caused by your negligence. Your liability coverage provides legal defense up to the limits shown on your policy. Liability is cheap compared to other policy coverages, so drivers should carry high limits.
  • How credit rating affects auto insurance prices – A driver’s credit score is likely to be a major factor in your rate calculation. If your credit could use some work, you could save money insuring your 2017 Chevrolet Malibu by repairing your credit. Drivers who have very high credit ratings tend to be more responsible than drivers with lower credit ratings.

Car insurance policy discounts you can’t miss

Not too many consumers would say car insurance is affordable, but you might find some hidden discounts that may help make it more affordable. Certain reductions will be credited at the time of quoting, but some may not be applied and must be asked about before they will apply. If they aren’t giving you every credit you deserve, it’s possible you qualify for a lower rate.

  • Discounts for Multiple Vehicles – Buying a policy with more than one vehicle on the same car insurance policy can reduce the rates for all insured vehicles.
  • Discount for New Cars – Adding a new car to your policy can save you some money since newer vehicles are generally safer.
  • Accident Free – Drivers who stay claim-free get the best car insurance rates when compared to frequent claim filers.
  • Professional Organizations – Having an affiliation with a civic or occupational organization is a simple method to lower premiums on your policy.
  • Driver Education Discount – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • Service Members Pay Less – Having an actively deployed family member may qualify for rate reductions.

Please keep in mind that most discounts do not apply to the entire cost. The majority will only reduce specific coverage prices like comp or med pay. Even though it appears adding up those discounts means a free policy, nobody gets a free ride.

Car insurance companies that may include most of the discounts above include:

If you are trying to find inexpensive car insurance quotes, ask each insurance company which discounts they offer. Some credits might not be offered everywhere. To locate insurers that offer multiple discounts, follow this link.

Big names are not always cheapest

Drivers get pounded daily by advertisements for the lowest price auto insurance by Progressive, Geico, Allstate and State Farm. All the ads make the point that you’ll save big if you move your auto insurance coverage to their company.

How does every auto insurance company lower your prices? It’s all in the words they use.

All companies give the cheapest rates for the driver that will generate a profit. One example of this type of insured might be over the age of 35, has never had a policy lapse, and drives less than 7,500 miles a year. Any driver that fits those parameters receive the lowest rate quotes and will most likely cut their rates if they switch.

Consumers who fall short of those criteria will probably be forced to pay a more expensive rate and this results in business not being written. If you listen closely, the ads state “people who switch” not “all people who quote” save that much when switching. This is how companies can truthfully make the claims of big savings. This really emphasizes why you need to get car insurance quotes from several different companies. It is just not possible to predict the company that will have the lowest rates.

Insurance agents can help

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is not a single plan that fits everyone. Every situation is different.

These are some specific questions may help highlight whether your personal situation might need professional guidance.

  • Is my ex-spouse still covered by my policy?
  • Do I need replacement cost coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is my teenager covered with friends in the car?
  • Am I covered when driving in Canada or Mexico?
  • Am I covered if my car is in a flood?
  • Do I have coverage for damage caused while driving under the influence?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

Auto insurance 101

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Liability coverages

This provides protection from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as emergency aid, legal defense fees, attorney fees and structural damage. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, hitting a deer, a tree branch falling on your vehicle and hitting a bird. The most 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.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Malibu.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Collision insurance

Collision insurance pays for damage to your Malibu resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as rolling your car, colliding with a tree and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for bills like rehabilitation expenses, nursing services, funeral costs and dental work. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Get your money’s worth

Cheaper 2017 Chevy Malibu insurance is possible on the web and with local insurance agents, and you should compare rates from both to get a complete price analysis. A few companies may not provide internet price quotes and usually these regional carriers sell through local independent agencies.

We just showed you a lot of tips how to lower your 2017 Chevy Malibu insurance car insurance rates. The key thing to remember is the more you quote car insurance, the better likelihood of getting the cheapest car insurance. Consumers may even find the lowest priced insurance comes from a company that doesn’t do a lot of advertising.

People switch companies for a number of reasons such as delays in paying claims, denial of a claim, policy non-renewal and even lack of trust in their agent. It doesn’t matter why you want to switch finding the right insurance provider can be less work than you think.

Additional detailed information is available by following these links: