2016 Chevrolet Malibu Limited Insurance Rates

Scraping up a payment for expensive Chevrolet Malibu Limited insurance can sap your savings account and force you to make tough financial choices. Popular companies such as GEICO, Farmers Insurance and State Farm all claim big savings with advertising and it is difficult to see past the geckos and flying pigs and do the work needed to find the best deal.

Lower rates by qualifying for discounts

Some insurers do not advertise every possible discount in a way that’s easy to find, so below is a list a few of the more well known and also the lesser-known credits available to lower your premiums when you buy insurance coverage online. If you aren’t receiving every discount you qualify for, it’s possible you qualify for a lower rate.

  • Seat Belts Save – Drivers who always wear seat belts and also require passengers to use their safety belts could cut 10% or more off the PIP or medical payment premium.
  • E-sign Discounts – Many insurance companies may give you up to $50 for buying your policy online.
  • Multiple Policy Discount – When you have multiple policies with one insurance company you may save over 10 percent off each policy depending on the company.
  • Senior Citizens – If you qualify as a senior citizen, you are able to get reduced rates for Malibu Limited coverage.
  • Driving Data Discount – Drivers who elect to allow driving data submission to look at driving manner by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may see discounts if their driving habits are good.
  • Waiver for an Accident – Not necessarily a discount, but companies like State Farm and GEICO will allow you to have one accident before your rates go up if your claims history is clear for a particular time prior to the accident.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.

Insurance companies that may offer policyholders these money-saving discounts may include but are not limited to:

It’s a good idea to ask every company what discounts are available to you. Some of the discounts discussed earlier may not be offered everywhere.

The cheapest auto insurance

The majority of larger companies such as State Farm, GEICO and Progressive allow you to get coverage prices directly from their websites. This process is quite simple as you just enter your coverage preferences as detailed in the form. Upon sending the form, their quoting system will order credit information and your driving record and returns pricing information based on many factors. Quoting online makes it simple to compare prices but the process of having to visit several different sites and type in the same information is repetitive and time-consuming. But it’s necessary to have as many quotes as possible in order to get a better rate.

There is an easier way to compare rates

A less time-consuming method to compare auto insurance pricing uses one form that gets price quotes from a bunch of companies at once. It’s a real time-saver, helps eliminate reptitive entry, and makes rate comparisons a little more enjoyable. As soon as you send your information, it gets priced and you can select any of the resulting price quotes. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. The entire process can be completed in less than 10 minutes and you’ll know if lower rates are available.

If you want to get comparison pricing now, simply click here to open in new window and submit your coverage information. If you have a policy now, it’s recommended you copy your coverages exactly as they are listed on your policy. This way, you’re receiving a rate comparison based on identical coverages.

Insurance is unique, just like you

When choosing the best insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique and your policy should reflect that. For instance, these questions might help in determining whether your personal situation might need an agent’s assistance.

  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered when driving a rental car?
  • Are my tools covered if they get stolen from my vehicle?
  • Does my insurance cover my expensive audio equipment?
  • How does medical payments coverage work?
  • Am I better off with higher deductibles on my 2016 Chevy Malibu Limited?
  • Why do I only qualify for high-risk insurance?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Specifics of your auto insurance policy

Knowing the specifics of your auto insurance policy can help you determine the best coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are the usual coverages offered by auto insurance companies.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, hitting a bird, falling objects, hail damage and a broken windshield. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision insurance

Collision insurance will pay to fix damage to your Malibu Limited resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, hitting a mailbox, crashing into a building and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Coverage for medical payments

Med pay and PIP coverage kick in for expenses for things like hospital visits, dental work, funeral costs and doctor visits. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Liability car insurance

This coverage provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for 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 might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims like medical expenses, pain and suffering, bail bonds, funeral expenses and court costs. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Don’t be a big spender

Affordable 2016 Chevy Malibu Limited insurance is definitely available from both online companies and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not offer online quoting and usually these small insurance companies prefer to sell through independent insurance agents.

We covered many ideas to compare 2016 Chevy Malibu Limited insurance prices online. It’s most important to understand that the more quotes you get, the better your comparison will be. You may even discover the lowest prices are with a small local company. These companies can often insure niche markets at a lower cost compared to the large companies like Allstate and Progressive.

When shopping online for insurance coverage, don’t be tempted to reduce needed coverages to save money. There are a lot of situations where someone dropped uninsured motorist or liability limits to discover at claim time they didn’t have enough coverage. Your goal is to purchase a proper amount of coverage at the best possible price and still be able to protect your assets.

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