2009 Chevrolet Malibu Insurance Quotes – 10 Savings Tips

Locating low-cost insurance for your Chevy Malibu can be a lot of work, but you can learn these tips and make it easy.

There are both good and bad ways to shop for insurance so you’re going to learn the absolute fastest way to compare rates for a Chevy and find the lowest price either online or from local insurance agents.

Locating more affordable insurance is easy if you know what you’re doing. If you have a policy now or need a new policy, you will benefit by learning to get lower rates while maximizing coverage. Vehicle owners just need to know the most effective way to shop their coverage around online.

Cheaper rates by applying these ten discounts

Auto insurance companies don’t always publicize the complete list of policy discounts very clearly, so we break down some of the best known as well as the least known discounts that may be available.

  • Switch and Save Discount – Some insurance coverage companies provide a discount for switching policies early. You could save around 10% when you buy auto insurance online.
  • Theft Prevention System – Vehicles with anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
  • Telematics Discount – Drivers that enable driving data submission to monitor their driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot may see discounts as long as the data is positive.
  • Accident Forgiveness – Not a discount per se, but a handful of insurance companies will forgive one accident before raising your premiums with the catch being you have to be claim-free for a specific time period.
  • Discounts for New Vehicles – Adding a new car to your policy may earn a small discount because newer models keep occupants safer.
  • Full Payment Discount – By paying your entire bill at once rather than paying in monthly installments you may reduce your total bill.
  • Anti-lock Brake System – Cars with ABS braking systems or traction control can stop better under adverse conditions so companies give up to a 10% discount.
  • Senior Citizen Discount – Drivers that qualify as senior citizens are able to get a small discount on rates for Malibu insurance.
  • Student Discount for Driver Training – It’s a good idea to have your young drivers complete a driver education course as it can save substantially.
  • Professional Memberships – Participating in qualifying employment or professional organizations can get you a small discount on your next renewal.

One last thing about discounts, most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

Popular insurance coverage companies and some of the discounts are included below.

  • State Farm has discounts for Drive Safe & Save, multiple policy, anti-theft, Steer Clear safe driver discount, and student away at school.
  • GEICO discounts include daytime running lights, emergency military deployment, seat belt use, anti-theft, driver training, and multi-policy.
  • Liberty Mutual offers discounts for newly retired, multi-car, hybrid vehicle, safety features, and good student.
  • The Hartford may have discounts that include air bag, vehicle fuel type, bundle, anti-theft, defensive driver, and driver training.
  • MetLife has savings for claim-free, defensive driver, good driver, accident-free, and good student.
  • Progressive may offer discounts for continuous coverage, homeowner, online signing, online quote discount, multi-vehicle, good student, and multi-policy.

If you want cheaper auto insurance quotes, ask every prospective company which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policies in your area.

Your auto insurance coverage should be tailored to you

When it comes to choosing the right insurance coverage for your personal vehicles, there is no single plan that fits everyone. Every situation is different.

For example, these questions might help in determining whether or not you might need an agent’s assistance.

  • Do I benefit by insuring my home with the same company?
  • Where can I get insurance after a DUI in my state?
  • Is my dog or cat covered if injured in an accident?
  • Do all my vehicles need collision coverage?
  • What are the financial responsibility laws in my state?
  • Is my 2009 Chevy Malibu covered for smoke damage?
  • Should I sign the liability waiver when renting a car?
  • Am I covered when delivering products for my home-based business?
  • Are rock chip repairs covered?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Information about specific coverages

Learning about specific coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Auto liability insurance

This coverage will cover injuries or damage you cause to people or other property 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. As an example, you may have policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for things such as loss of income, medical expenses, attorney fees, funeral expenses and emergency aid. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as chiropractic care, hospital visits and ambulance fees. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Chevy Malibu.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these limits are set the same as your liablity limits.

Collision protection

Collision insurance pays for damage to your Malibu resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as scraping a guard rail, sustaining damage from a pot hole, crashing into a ditch and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hitting a deer, hitting a bird and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Saving money makes a lot of cents

Insureds change insurance companies for a variety of reasons including questionable increases in premium, an unsatisfactory settlement offer, being labeled a high risk driver or even poor customer service. It doesn’t matter what your reason, finding a new company can be less work than you think.

You just learned many ideas to lower your 2009 Chevy Malibu insurance car insurance rates. The most important thing to understand is the more you quote auto insurance, the better your comparison will be. Consumers may even find the best price on insurance is with a smaller regional carrier.

Low-cost 2009 Chevy Malibu insurance can be bought online as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. Some insurance companies don’t offer rates over the internet and these regional insurance providers prefer to sell through independent agencies.

Additional detailed information can be read by following these links: