Lower Your 2018 Chevrolet Malibu Insurance Cost

Are you sick and tired of wondering where the money will come from to make your auto insurance payment? You are no different than many other consumers.

Many auto insurance companies compete for your insurance dollar, and because of this it can be hard to compare auto insurance companies and get the definite best price available.

If you currently have car insurance, you will most likely be able to reduce your rates substantially using this strategy. Finding affordable coverage is easy if you know what you’re doing. But car owners must learn how companies sell online and take advantage of how the system works.

Earn discounts on auto insurance

Some providers don’t always list every possible discount very clearly, so we break down both the well known and the harder-to-find credits available to you. If you are not receiving all the discounts you qualify for, you are not getting the best rate possible.

  • Seat Belts Save more than Lives – Requiring all passengers to buckle their seat belts can save 10% or more off PIP or medical payments premium.
  • Student Driver Training – Teen drivers should enroll in driver’s education in high school.
  • Accident Forgiveness – Not necessarily a discount, but a handful of insurance companies permit an accident before they charge you more for coverage as long as you don’t have any claims for a set time period.
  • Good Driver Discount – Drivers who avoid accidents can pay as much as 50% less on Malibu insurance compared to accident prone drivers.
  • Switch and Save Discount – Some insurance companies give discounts for switching companies before your current policy expires. You could save around 10% when you buy insurance online.
  • Lower Rates for Military – Being on active deployment in the military may lower your premium rates slightly.
  • Own a Home and Save – Being a homeowner can earn you a little savings because of the fact that having a home shows financial diligence.
  • Passive Restraints – Vehicles with factory air bags may get savings up to 30%.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the entire policy premium. Most only cut the price of certain insurance coverages like comprehensive or collision. Despite the appearance that you can get free auto insurance, company stockholders wouldn’t be very happy.

If you would like to view insurers with the best auto insurance discounts, click here to view.

Free car insurance price quotes

To find cheaper quotes, there are a couple of ways of comparing rate quotes from different companies. The quickest method to find the cheapest 2018 Chevy Malibu insurance rates consists of obtaining rate quotes online. It’s really quite simple and can be done in a couple of different ways.

  1. The recommended way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This type of form eliminates the need for separate forms for every car insurance company. Completing one form gets you price quotes from multiple low-cost companies.
  2. A less efficient way to find lower rates requires visiting the website for every company you want to comare and request a quote. For instance, we’ll assume you want comparison quotes from Geico, Esurance and Travelers. You would need to take the time to go to each site and type in your information over and over, which is not fast way to get rate quotes.

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

  3. The least efficient way to compare rates is calling or driving to local insurance agencies. Quoting and buying insurance online makes this process obsolete unless you’re the type of person who wants the trained advice that only an agent can give. Although, it is possible get prices online but still have the advice of a local agent.

Whichever way you choose to compare rates, try to keep identical coverage data with each company. If you compare different coverage information it will be impossible to make a fair comparison for your Chevy Malibu. Having just a slight variation in limits could throw off the whole comparison. And when quoting car insurance, remember that having more price comparisons helps increase your odds of locating a lower rate than you’re paying now. Not every company does online quotes, so you need to compare price estimates from those companies as well.

Buy cheap insurance coverage with these tips

Multiple criteria are used when you get a price on insurance. A few of the factors are predictable such as your driving record, but other factors are not as apparent like where you live or your commute time.A large part of saving on insurance coverage is knowing some of the elements that help calculate the rates you pay for insurance coverage. If you understand what impacts premium levels, this enables you to make decisions that may result in better insurance coverage rates.

  • Consider raising comp and collision deductibles – Physical damage coverage, aka comp and collision, covers damage that occurs to your Chevy. Examples of some claims that would be covered could be collision with another vehicle, damage caused by hail, and windstorm damage. Your deductibles are the amount of money you are required to pay before a claim is paid by your company. The more money you are required to pay out-of-pocket, the less money you will pay for insurance coverage on Malibu insurance.
  • Cheaper rates using alarms and GPS tracking – Choosing to buy a car that has an advanced theft prevention system can help lower your premiums. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder your vehicle from being stolen.
  • Premiums are affected by your address – Being located in areas with lower population is a good thing when trying to find low car insurance rates. Less people means less chance of accidents. City drivers have to deal with more road rage incidents and much longer commute distances. More time behind the wheel translates into higher accident risk.
  • Gender impacts costs – Statistics have proven that females tend to be a little less risky than males. However, this does not mean women are better drivers. Both sexes are in auto accidents in similar percentages, but the men have costlier accidents. Men also tend to get ticketed for serious violations like driving under the influence (DUI). Young men ages 16 to 20 are several times more likely to be in an accident and therefore pay the highest rates.

Tailor your insurance coverage to you

When buying the right insurance coverage, there really is no one size fits all plan. Everyone’s situation is unique so your insurance should reflect that For instance, these questions may help highlight if your insurance needs might need an agent’s assistance.

  • Does medical payments coverage apply to all occupants?
  • Does my insurance cover a custom paint job?
  • Am I covered by my spouse’s policy after a separation?
  • If my 2018 Chevy Malibu is totaled, can I afford another vehicle?
  • Does my 2018 Chevy Malibu qualify for pleasure use?
  • Is my 2018 Chevy Malibu covered for flood damage?
  • What if I don’t agree with a claim settlement offer?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Auto insurance advertising gotchas

State Farm, Allstate and Geico endlessly run ads in print and on television. All the ads seem to make the promise that drivers will save a bundle just by switching your coverage to them. But how can every company give you a better price? Here is how they do it.

Insurance providers have specific criteria for the right customer that earns them the highest profit. A good example of a desirable insured should be a married male, insures multiple vehicles, and drives a car with an anti-theft system. Anyone that meets those criteria will qualify for the lowest prices as well as save quite a bit of money when switching.

Consumers who cannot meet the ideal profile must pay higher premium rates which leads to the customer not buying. The ads state “people that switch” but not “all drivers who get quotes” can get the lowest rates when switching. That is how companies can truthfully advertise the way they do. This really drives home the point why drivers should do a price quote comparison at every renewal. It is impossible to guess which company will have better premium rates than you’re paying now.

Insurance coverage considerations

Understanding the coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages offered by insurance companies.

Collision coverage – Collision insurance covers damage to your Malibu resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims such as driving through your garage door, rolling your car, hitting a mailbox, crashing into a ditch and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Coverage for liability – Liability insurance provides protection from damages or injuries you inflict on other people or property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims like attorney fees, structural damage, repair bills for other people’s vehicles and legal defense fees. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

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

Comprehensive can pay for claims like rock chips in glass, damage from flooding, theft, a broken windshield and a tree branch falling on your vehicle. The maximum amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage pay for immediate expenses for surgery, prosthetic devices, doctor visits, pain medications and X-ray expenses. They are used in conjunction with a health insurance program or if you are not covered by health insurance. It covers both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Quote more, save more

In this article, we covered some good ideas how you can reduce 2018 Chevy Malibu insurance prices online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Consumers could even find that the biggest savings come from a lesser-known regional company. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like Allstate, Geico and Progressive.

More affordable auto insurance is available on the web in addition to many insurance agents, so you need to shop insurance with both to have the best rate selection. Some insurance companies do not provide rates over the internet and many times these regional insurance providers prefer to sell through independent insurance agencies.

Additional detailed information can be found at these sites: