2017 Chevrolet Malibu Insurance Rates – 8 Ideas for Best Quotes

Trying to find low-cost insurance for a Chevy Malibu can be difficult, but you can learn the following methods and make it easy. There are both good and bad ways to compare auto insurance rates and you need to know the absolute fastest way to compare rates on a Chevy and obtain the lowest possible price either online or from local insurance agents.

Use discounts to get cheaper auto insurance quotes

Auto insurance is not cheap nor is it fun to buy but there could be available discounts that you may not even be aware of. Certain discounts will be applied when you get a quote, but some discounts are required to be asked about before they will apply.

  • Government Employee Discount – Being employed by or retired from a federal job can save as much as 8% for Malibu coverage depending on your company.
  • Multi-Vehicle Discounts – Drivers who insure primary and secondary vehicles with the same company qualifies for this discount.
  • Mature Driver Discount – Drivers over the age of 55 are able to get reduced rates for Malibu coverage.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags could see savings of 20 to 30 percent.
  • Life Insurance – Not all insurance companies offer life insurance, but some may give you lower auto insurancerates if you buy life insurance.
  • Driving Data Discount – Insureds that choose to allow companies to study driving habits through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they exhibit good driving behavior.
  • No Claim Discounts – Drivers who stay claim-free are rewarded with significantly better rates on insurance coverage quote when compared to frequent claim filers.
  • Safety Restraint Discount – Drivers who require all occupants to buckle up before driving can save 10% or more off the medical payments premium.

One thing to note about discounts is that most credits do not apply to the entire cost. Most only reduce the price of certain insurance coverages like comp or med pay. So even though you would think you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

If you would like to see a list of companies with discount auto insurance rates, click this link.

Auto insurance in the media

Drivers can’t get away from all the ads that promise big savings by companies like Geico, State Farm and Progressive. They all seem to seem to make the promise that drivers can save some big amount if you move your policy.

Is it even possible that every company can have lower policy pricing? This is how they do it.

Different companies can use profiling for the type of customer that will add to their bottom line. For instance, a profitable customer could be over the age of 50, has no driving citations, and drives less than 5,000 miles a year. Someone that matches those criteria may get the lowest premium rates and will probably cut their rates if they switch.

Potential insureds who cannot meet the requirements must pay higher premiums and this results in the driver buying from a lower-cost company. The trick companies use is to say “customers who switch” but not “everyone who gets a quote” save that much when switching. That’s why insurance companies can make claims like that. Because of the profiling, it is so important to get price quotes at each policy renewal. It is impossible to guess which auto insurance company will have the best prices for your profile.

Tailor your insurance coverage coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s.

These are some specific questions may help you determine if your insurance needs may require specific advice.

  • Am I covered if my car is in a flood?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does insurance cover damages from a DUI accident?
  • How much liability do I need to cover my assets?
  • Is my trailer covered?
  • Am I covered if I wreck a rental car?
  • Does my policy cover me when driving someone else’s vehicle?
  • Does car insurance cover theft of personal property?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and may give you better protection.

Coverages available on your policy

Knowing the specifics of your auto insurance policy can help you determine the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Collision insurance

Collision coverage covers damage to your Malibu caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like scraping a guard rail, colliding with a tree, backing into a parked car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Auto liability

Liability coverage will cover damages or injuries you inflict on other’s property or people 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 commonly see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers things such as bail bonds, pain and suffering, medical services, emergency aid and loss of income. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as fire damage, hitting a bird, theft, a tree branch falling on your vehicle and vandalism. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses for hospital visits, funeral costs and doctor visits. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Cheaper insurance is a realistic goal

Cheap 2017 Chevy Malibu insurance can be bought from both online companies and with local insurance agents, so get free insurance coverage quotes from both of them to have the best selection. Some insurance companies do not provide online rate quotes and usually these regional insurance providers prefer to sell through independent insurance agents.

When searching for cheaper insurance coverage quotes, do not reduce coverage to reduce premium. There are too many instances where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at the best possible price, but do not sacrifice coverage to save money.

In this article, we presented many tips how you can get a better price on 2017 Chevy Malibu insurance. The key concept to understand is the more you quote insurance coverage, the higher the chance of saving money. You may even find the biggest savings come from an unexpected company.

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