Cheaper 2004 Chevrolet Malibu Insurance Cost

Paying for overpriced Chevrolet Malibu insurance can bottom out your personal savings and force you to cut corners elsewhere. Comparison shopping is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.

Companies like Allstate, Liberty Mutual and State Farm all promote huge savings with ads and it can be hard to separate fact from fiction and find the best price available.

Verify you’re earning every discount

Some insurers do not advertise all possible discounts very clearly, so the next list breaks down a few of the more well known as well as the least known savings tricks you should be using when you buy car insurance online.

  • Accident Forgiveness – but a few companies such as Allstate and State Farm allow you one accident before hitting you with a surcharge if you are claim-free for a set time period.
  • Driver Safety – Taking part in a safe driver course can save you 5% or more and also improve your driving technique.
  • Multi-car Discount – Insuring multiple cars on one policy can get a discount on all vehicles.
  • Own a Home and Save – Being a homeowner can earn you a little savings due to the fact that maintaining a home requires a higher level of personal finance.
  • Discount for Life Insurance – Some auto insurance companies give a break if you buy a life policy as well.
  • Professional Memberships – Being a member of a civic or occupational organization is a simple method to lower premiums on your next renewal.

We need to note that most discount credits are not given to the overall cost of the policy. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you can get free auto insurance, companies wouldn’t make money that way.

To see a list of insurance companies offering auto insurance discounts, click here to view.

Which auto insurance is cheapest?

There are a lot of ways to compare auto insurance quotes, and some are more efficient than others. You can waste hours driving to insurance companies in your area, or you could save time and use the web to maximize your effort.

Many insurance companies are enrolled in a marketplace where insurance shoppers submit their information once, and each participating company can give them a price based on that information. This system prevents you from having to do quote requests to every company.

To access this free quoting program, click here to start a free quote.

The only downside to using this type of form is that consumers can’t choose which carriers to receive prices from. So if you prefer to choose from a list of companies to compare prices, we have assembled a list of auto insurance companies in your area. Click here to view list.

The method you choose is up to you, but do your best to use equivalent coverages with each company. If you have different values for each quote it’s impossible to determine the best price for your Chevy Malibu. Even a minor difference in coverage limits could skew the results. And when quoting auto insurance, remember that comparing a wide range of rates helps improve the odds of finding a better price. Some regional insurers cannot provide online quotes, so it’s necessary to compare price estimates from them, too.

When should I discuss my situation with an agent?

When it comes to choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions might help in determining whether or not you would benefit from an agent’s advice.

  • How high should my medical payments coverage be?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What if I total my 2004 Chevy Malibu and owe more than it’s worth?
  • Should I buy more coverage than the required minimum liability coverage?
  • What is PIP insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • How do I buy GAP insurance?
  • What is high-risk coverage and where do I buy it?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Specific coverages for a 2004 Chevy Malibu

Understanding the coverages of your car insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. These are the usual coverages found on the average car insurance policy.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Medical expense coverage

Med pay and PIP coverage pay for immediate expenses for things like dental work, funeral costs and ambulance fees. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like hitting a deer, theft, damage from flooding, rock chips in glass and fire damage. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability

This coverage provides protection from damage or injury you incur to people or other property. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against things such as pain and suffering, medical expenses and medical services. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Collision insurance

This coverage will pay to fix damage to your Malibu resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sideswiping another vehicle, backing into a parked car, rolling your car and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Find Good Coverage for Less

When you buy car insurance online, it’s very important that you do not reduce coverage to reduce premium. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your goal should be to buy the best coverage you can find at the lowest possible cost.

Budget-conscious 2004 Chevy Malibu insurance can be purchased online as well as from independent agents, so you need to quote car insurance with both so you have a total pricing picture. There are still a few companies who may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent insurance agencies.

Even more information is available by following these links: