Cheaper 2005 Chevrolet Malibu Car Insurance Rates

Trying to find better insurance rates for your Chevrolet Malibu? Expensive insurance can take a big chunk out of your bank account and make it impossible to make ends meet. Comparing price quotes is free, only takes a few minutes, and is a good way to tighten up your finances. Having so many online and local companies to choose from, it can be impossible to find the best insurer.

The easiest way to get rate comparisons utilizes the fact all the major auto insurance companies pay for the opportunity to compare their rates. To get started, all you need to do is provide a small amount of information such as the make and model of your vehicles, if you require a SR-22, your occupation, and distance driven. The rating information is instantly sent to insurance companies and they respond with quotes very quickly.

You may need specialized coverage

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions could help you determine whether you could use an agent’s help.

• How much liability do I need to cover my assets?
• Will I be non-renewed for getting a DUI or other conviction?
• How do I file an SR-22 for a DUI in my state?
• Do I have any recourse if my insurance company denies a claim?
• Can my teen driver be rated on a liability-only vehicle?
• When would I need rental car insurance?
• Why am I required to buy high-risk coverage?
• Am I covered if I drive in a foreign country?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Insurance coverages 101

Knowing the specifics of insurance can help you determine appropriate coverage for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Comprehensive coverage – Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, damage from a tornado or hurricane, hitting a deer and a broken windshield. The highest amount a 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.

Liability coverage – This can cover damages or injuries you inflict on a person or their property that is your fault. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as attorney fees, structural damage, emergency aid, loss of income and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Collision coverage – This pays for damage to your Malibu from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a mailbox, crashing into a building and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance reimburse you for bills for things like funeral costs, X-ray expenses, nursing services and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – This provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that 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 a good idea. Frequently these limits are identical to your policy’s liability coverage.