Lower Your 1997 Chevrolet Malibu Insurance Rates

I can’t think of anyone who looks forward to buying insurance coverage, especially when the price is too high.

Because you have many different company options, it can be impossible to pick the most cost effective car insurance company.

The best way we recommend to compare rate quotes takes advantage of the fact most of the bigger providers allow for online access to provide you with free rate quotes. To get started, all you need to do is provide a small amount of information like if it has an anti-theft system, whether or not you need a SR-22, if you are currently licensed, and whether you are married. Your information gets sent immediately to all major companies and you will receive price estimates quickly.

Discounts can save BIG

Car insurance can cost a lot, buy you may qualify for discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time of purchase, but some may not be applied and must be requested specifically before you get the savings.

  • Resident Student – Any of your kids who live away from home and do not have access to a covered vehicle may be able to be covered for less.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Driver’s Ed – Require your teen driver to take driver’s ed class in high school.
  • Paperwork-free – A handful of insurance companies give back up to $50 for buying your policy on their website.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Government Employees – Simply working for the federal government may qualify you for a discount for Malibu insurance with select insurance companies.
  • Payment Discounts – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
  • Organization Discounts – Belonging to a professional or civic organization is a good way to get lower rates when shopping for insurance coverage for Malibu insurance.
  • Military Rewards – Having a family member in the military could mean lower rates.

Keep in mind that some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. So even though it sounds like all the discounts add up to a free policy, you won’t be that lucky. Any amount of discount will reduce the amount you have to pay.

To see a list of insurers offering insurance coverage discounts, follow this link.

Chevy Malibu premiums are determined by many factors

Consumers need to have an understanding of the factors that play a part in calculating insurance coverage rates. When you know what positively or negatively determines base rates allows you to make educated decisions that will entitle you to better insurance coverage rates.

  • Don’t cancel a policy without a new one in place – Letting your insurance expire is a guaranteed way to pay more for insurance coverage. Not only will rates go up, failure to provide proof of insurance will get you a license revocation or jail time.
  • Cautious drivers pay less – A bad driving record has a lot to do with how much you pay for insurance. Drivers with clean records receive lower rates compared to drivers with tickets. Even one speeding ticket may increase your cost by twenty percent. If you have flagrant violations such as hit and run, DWI or reckless driving convictions may find they need to file a SR-22 to the state department of motor vehicles in order to keep their license.
  • Your stress level may be raising your rates – Did you know your job can affect your rates? Occupations like judges, social workers and financial analysts tend to pay higher average rates because of job stress and long work days. Conversely, jobs such as farmers, engineers and homemakers have the lowest average rates for Malibu insurance.
  • Men fork out a little more – Statistics demonstrate women are more cautious behind the wheel. However, this does not mean men are worse drivers. Both sexes cause accidents at a similar rate, but the males have costlier accidents. They also have more aggressive citations such as reckless driving. Youthful male drivers are several times more likely to be in an accident and therefore have the most expensive insurance coverage rates.
  • Discounts for married couples – Having a spouse helps lower the price on your insurance coverage policy. It is viewed as being more mature than a single person and statistics show being married results in fewer claims.
  • Do you know your deductibles? – Deductibles for physical damage represent how much money you are willing to pay out-of-pocket if you file a covered claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some instances where coverage would apply would be colliding with a building, damage from fire, or theft. The more you are required to pay out-of-pocket, the less your company will charge you for insurance for Malibu insurance.

Will just any policy work for me?

When it comes to buying proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Every situation is different so your insurance should reflect that For example, these questions might point out if you might need professional guidance.

  • Where can I find high-risk insurance?
  • Is there coverage for injuries to my pets?
  • Will my rates increase for filing one claim?
  • Will my insurance pay for OEM parts?
  • What companies insure drivers after a DUI or DWI?
  • Is pleasure use cheaper than using my 1997 Chevy Malibu to commute?
  • Will filing a claim cost me more?
  • Why is insurance for a teen driver so high?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance coverage options for a 1997 Chevy Malibu

Having a good grasp of insurance helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types offered by insurance companies.

Liability car insurance

Liability coverage protects you from damages or injuries you inflict on people or other property. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as pain and suffering, repair costs for stationary objects, medical services and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM Coverage

This coverage provides protection when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Malibu.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits do not exceed the liability coverage limits.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as theft, hail damage, hitting a deer and damage from a tornado or hurricane. The maximum payout 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 it’s not worth carrying full coverage.

Collision protection

Collision insurance covers damage to your Malibu resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a parking meter, hitting a mailbox and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as ambulance fees, EMT expenses, hospital visits, pain medications and funeral costs. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Affordable insurance is out there

When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. In many cases, an insured cut physical damage coverage only to discover later that they should have had better coverage. The aim is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

Cheaper 1997 Chevy Malibu insurance is possible on the web and also from your neighborhood agents, and you should be comparing both to have the best rate selection. Some insurance providers may not provide online price quotes and these regional insurance providers work with independent agents.

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