2007 Chevrolet Malibu Insurance Rates – 10 Tricks for Best Quotes

Trying to find cheaper car insurance rates for your Chevrolet Malibu? Nobody looks forward to paying premiums for car insurance, especially when they know they could find better rates elsewhere.

Vehicle owners have many insurers to purchase coverage from, and even though it’s nice to have a choice, more options can take longer to locate the cheapest rates.

Shopping for cheaper coverage can be fairly easy. In a nutshell, anyone who buys car insurance will more than likely be able to save money. But drivers should learn how insurance companies market on the web.

The easiest way to compare insurance rates in your area is to realize car insurance companies have advanced systems to give rate comparisons. The one thing you need to do is provide a little information such as the type of vehicles you drive, your education level, your occupation, and how much coverage you want. That rating information is instantly submitted to insurance carriers in your area and you receive quotes very quickly.

Lower rate quotes with these ten discounts

The price of auto insurance can be rather high, but you might already qualify for some discounts to help bring down the price. Certain reductions will be credited when you purchase, but a few must be inquired about before they will apply. If they aren’t giving you every credit possible, you are just wasting money.

  • Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
  • More Vehicles More Savings – Buying coverage for multiple vehicles with the same company can get a discount on all vehicles.
  • Waiver for an Accident – This isn’t a discount exactly, but companies like Libery Mutual, GEICO and Allstate allow you one accident without raising rates with the catch being you have to be claim-free for a specific time period.
  • Drivers Ed for Students – Have your child enroll and complete driver’s education in school.
  • Anti-theft Discount – Cars and trucks optioned with advanced anti-theft systems are less likely to be stolen and can earn a small discount on your policy.
  • Memberships – Being a member of qualifying employment or professional organizations is a simple method to lower premiums on your bill.
  • Defensive Driving Course – Passing a course in driver safety is a good idea and can lower rates and also improve your driving technique.
  • No Accidents – Insureds with no claims or accidents pay less in comparison to policyholders that have many claims.
  • Sign Online – Certain companies will provide an incentive shop insurance on the web.
  • Data Collection Discounts – People who choose to allow driving data collection to look at when and where they use their vehicle by using a telematics device in their vehicle such as State Farm’s In-Drive could possibly reduce rates as long as they are good drivers.

Remember that some credits don’t apply to the overall cost of the policy. Most only apply to specific coverage prices like medical payments or collision. Just because it seems like adding up those discounts means a free policy, companies don’t profit that way.

A few companies that may have these discounts possibly include:

Before you buy a policy, ask each company which discounts they offer. Discounts may not apply to policies in your area.

What is the best insurance coverage coverage?

When it comes to buying coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions could help you determine if you will benefit from professional help.

  • Is extra glass coverage worth it?
  • When should I remove comp and collision on my 2007 Chevy Malibu?
  • Does my insurance cover a custom paint job?
  • Why am I required to buy high-risk coverage?
  • Where can I find DUI or SR-22 insurance?
  • How high should deductibles be on a 2007 Chevy Malibu?
  • Are rental cars covered under my policy?
  • Am I covered if I drive in a foreign country?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Insurance buyers beware

Respected companies like GEICO, State Farm and Progressive seem to constantly run television and radio advertisements. All the companies try to convey promises that people will save if you get a free insurance quote and switch your coverage to them. How is it plausible that every one can make the same claim? This is how they do it.

All the different companies quote the lowest rates for the type of driver that will generate a profit. An example of this type of insured may be between the ages of 30 and 45, carries high limits, and drives less than 10,000 miles a year. A customer who fits that profile receives the best prices as well as save when they switch companies.

Potential insureds who are not a match for these criteria will be charged a more expensive rate and this results in business not being written. If you listen to the ad wording, they say “drivers who switch” but not “all drivers who get quotes” save money. That is how insurance companies can confidently make those statements.

This illustrates why drivers should get price quotes at each policy renewal. It’s impossible to know with any certainty which company will have the best prices.

The coverage is in the details

Learning about specific coverages of your policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages found on most insurance policies.

Auto collision coverage

Collision insurance covers damage to your Malibu caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like hitting a mailbox, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Chevy Malibu.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Usually these limits are set the same as your liablity limits.

Coverage for medical payments

Med pay and PIP coverage reimburse you for immediate expenses like chiropractic care, X-ray expenses, prosthetic devices, rehabilitation expenses and dental work. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from a tornado or hurricane, hail damage, damage from flooding, fire damage and vandalism. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Auto liability insurance

This can cover damage that occurs to other’s property or people in an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as repair costs for stationary objects, loss of income, pain and suffering and medical expenses. How much coverage you buy is a personal decision, but consider buying as much as you can afford.

Spend less. Save more.

Budget-friendly insurance coverage is available from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some companies may not have online rate quotes and most of the time these smaller providers only sell through independent agencies.

As you quote insurance, never reduce coverage to reduce premium. There are many occasions where consumers will sacrifice full coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

More information can be found below: