Cheaper 2017 Chevrolet Malibu Insurance Quotes

Looking for cheaper insurance coverage rates for your Chevrolet Malibu? Vehicle owners new to price shopping auto insurance online may find sourcing affordable auto insurance is not as easy as it seems.

Consumers need to quote other rates occasionally since prices are usually higher with each renewal. Just because you found the best price for Malibu coverage two years ago there may be better deals available now. Forget all the misinformation about insurance coverage because I’m going to teach you one of the best ways to lower your annual insurance bill.

This information will familiarize you with the most effective way to quote insurance and some money-saving tips. If you have car insurance now, you should be able to lower your premiums substantially using these techniques. But car owners do need to know the methods companies use to price online insurance and apply this information to your search.

Discounts can really help save money

Companies offering auto insurance don’t always publicize the complete list of policy discounts very clearly, so the following is a list of a few of the more well known and also the lesser-known discounts that may be available.

  • Safety Restraint Discount – Requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
  • Waiver for an Accident – Not necessarily a discount, but a few companies such as GEICO and Liberty Mutual may permit one accident before your rates go up with the catch being you have to be claim-free for a specific time period.
  • ABS Braking Discount – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
  • Telematics Discount – Insureds that choose to allow driving data submission to look at driving habits remotely like Allstate’s Drivewise could save a few bucks if they are good drivers.
  • Driver Training Discounts – Passing a safe driver course could earn you a small percentage discount and make you a better driver.
  • Own a Home and Save – Owning a house can save a few bucks because of the fact that having a home demonstrates responsibility.
  • Discounts for Cautious Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates for Malibu coverage compared to rates paid by drivers with frequent claims.
  • Save over 55 – Drivers over the age of 55 can get a discount up to 10% for Malibu coverage.

We need to note that most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Even though the math looks like adding up those discounts means a free policy, companies don’t profit that way.

Larger car insurance companies and some of the discounts can be read below.

  • State Farm has savings for multiple autos, multiple policy, Drive Safe & Save, anti-theft, and defensive driving training.
  • GEICO may include discounts for defensive driver, daytime running lights, federal employee, seat belt use, anti-theft, military active duty, and multi-policy.
  • Liberty Mutual offers discounts including new vehicle discount, new graduate, newly retired, multi-car, and multi-policy.
  • The Hartford offers premium reductions for bundle, good student, defensive driver, vehicle fuel type, driver training, air bag, and anti-theft.
  • MetLife offers discounts for claim-free, accident-free, defensive driver, multi-policy, good driver, good student
  • Progressive discounts include multi-vehicle, online quote discount, homeowner, good student, and continuous coverage.

It’s a good idea to ask all companies you are considering which credits you are entitled to. Depending on the company, some discounts may not apply in every state.

How to find affordable car insurance

The majority of larger companies like 21st Century, Allstate and State Farm allow consumers to get pricing online. Getting prices online is possible for anyone as you simply type in the amount of coverage you want into the form. Upon sending the form, their quoting system pulls your credit score and driving record and generates pricing information based on many factors.

Online price quotes helps simplify price comparisons, but the work required to visit each company’s website and repetitively enter the same data into a form can be a bit repetitive. But it’s also necessary to get many rate quotes if you want to get a lower rate.

A better way to lower your rates is to use a quote form that gets price quotes from several different companies. It’s a real time-saver, requires much less work on your part, and makes comparison shopping much more efficient. Immediately after submitting the form, your coverage is rated and you are able to buy any one of the quote results.

If a lower price is quoted, you can simply submit the application and buy the policy. The whole process takes less than 15 minutes and may save quite a bit of money.

To fill out one form to compare multiple rates now, click here and submit the form. If you have a policy now, it’s recommended you duplicate the coverages exactly as shown on your declarations page. This ensures you will get rate quotes for similar insurance coverage.

Will just any policy work for me?

When buying the best insurance coverage, there really is not a one size fits all plan. Every situation is different.

For instance, these questions can help discover if your insurance needs may require specific advice.

  • Does insurance cover tools stolen from my truck?
  • When would I need additional glass coverage?
  • What if I don’t agree with a claim settlement offer?
  • Is other people’s property covered if stolen from my vehicle?
  • Should I rate my 2017 Chevy Malibu as pleasure use or commute?
  • Is a fancy paint job covered?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form.

Auto insurance policy coverages for a Chevy Malibu

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

Collision coverages – This pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like colliding with another moving vehicle, hitting a mailbox and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability auto insurance – Liability insurance protects you from damage that occurs to a person or their property in an accident. It protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

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 liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as loss of income, pain and suffering, repair bills for other people’s vehicles, court costs and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like ambulance fees, funeral costs and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, vandalism, damage from getting keyed and hitting a deer. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Chevy Malibu.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are similar to your liability insurance amounts.

Power to the consumer

As you restructure your insurance plan, never buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase plenty of coverage for the lowest price, but do not skimp to save money.

Cost effective 2017 Chevy Malibu insurance is available on the web as well as from independent agents, so you need to shop auto insurance with both to get a complete price analysis. Some insurance companies do not offer the ability to get a quote online and many times these regional insurance providers only sell coverage through independent agents.

Insureds leave their current company for a number of reasons such as policy cancellation, questionable increases in premium, high rates after DUI convictions and even not issuing a premium refund. No matter why you want to switch, switching companies can be easy and end up saving you some money.

To read more, feel free to browse the articles below: