View 2010 Chevrolet Malibu Insurance Rates

Trying to find lower auto insurance rates for your Chevrolet Malibu? Feel like you’re a prisoner to overpriced auto insurance? Trust us when we tell you many consumers feel financially strained by their auto insurance policy. Companies like State Farm, Farmers Insurance, Geico and Allstate constantly blast consumers with ad campaigns and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.

Lots of discounts mean lots of savings

Companies offering auto insurance do not list all available discounts very clearly, so the following is a list of some of the more common and the more hidden discounts you could be receiving. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you until age 25.
  • Safe Drivers – Safe drivers may save up to 50% more for Malibu insurance than drivers with accidents.
  • E-sign – Some insurance companies will give a small break simply for signing on their website.
  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Low Mileage – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
  • Accident Free – Claim-free drivers can earn big discounts when compared to accident-prone drivers.
  • Own a Home – Simply owning a home can help you save on car insurance due to the fact that maintaining a home shows financial diligence.
  • Early Signing – Some insurance companies reward drivers for buying a policy before your current expiration date. This can save 10% or more.

A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. Most cut the cost of specific coverages such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, it just doesn’t work that way.

Car insurance companies who might offer some of the above discounts are:

It’s a good idea to ask all companies you are considering which discounts they offer. Discounts may not apply in your state.

The easiest way to compare rate quotes is to know the trick most of the bigger providers participate in a system to quote your coverage. All you need to do is give the companies some data including the make and model of your vehicles, driver details, how many miles driven, and if you require a SR-22. Your insurance information gets sent immediately to multiple companies and you will get price comparisons instantly.

Why your Chevy Malibu insurance rates may be high

It’s important that you understand the rating factors that go into determining insurance coverage rates. Having a good understanding of what impacts premium levels helps enable you to make changes that will entitle you to lower insurance coverage prices.

  • Cautious drivers pay less – Just one ticket can boost insurance rates by twenty percent. Careful drivers tend to pay less for car insurance than their less careful counterparts. Drivers who have dangerous citations such as reckless driving, hit and run or driving under the influence may need to file a SR-22 with the DMV in their state in order to prevent a license revocation.
  • Save money with special equipment – Driving a car that has an advanced theft prevention system can help bring down rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
  • Safer occupants lowers premiums – Vehicles with high crash test scores tend to have better insurance rates. The safest vehicles result in less severe injuries and better occupant protection translates into savings for insurance companies and lower rates for you. If your Chevy has ratings of a minimum four stars on Safercar.gov it is probably cheaper to insure.
  • Where you live – Being located in less populated areas is a positive aspect when buying insurance coverage. Lower population means fewer accidents. Drivers who live in large cities tend to have more traffic problems and a longer drive to work. Longer commute distances translates into higher accident risk.
  • Lower rates come with age – Older insureds are more responsible, tend to file fewer claims and receive fewer citations. Teen drivers are statistically proven to get distracted easily when behind the wheel and because of this, their insurance coverage rates are much higher.
  • Lower deductibles cost more – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Chevy. A few examples of covered claims are collision with another vehicle, vandalism, or theft. The deductibles are how much you are willing to pay out-of-pocket if you file a covered claim. The more expense you have to pay, the bigger discount you will receive for Malibu insurance.

Situations that might require an agent

When buying coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s needs are different so your insurance should reflect that These are some specific questions can aid in determining if your insurance needs would benefit from an agent’s advice.

  • Is my camper covered by my car insurance policy?
  • Is my teen driver covered when they drive my company car?
  • Can I make deliveries for my home business?
  • Am I better off with higher deductibles on my 2010 Chevy Malibu?
  • Am I covered if I crash into my own garage door?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Should I buy additional glass protection?
  • Are rock chip repairs covered?
  • When should I drop full coverage on my 2010 Chevy Malibu?
  • Am I covered when driving a rental car?

If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area. It is quick, free and can provide invaluable advice.

Auto insurance coverage information

Learning about specific coverages of a insurance policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find the usual coverages found on most insurance policies.

Auto liability insurance – Liability coverage provides protection from damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as emergency aid, loss of income and structural damage. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Collision – This coverage pays for damage to your Malibu from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like crashing into a ditch, damaging your car on a curb, crashing into a building, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Coverage for medical payments – Coverage for medical payments and/or PIP kick in for short-term medical expenses for X-ray expenses, surgery and chiropractic care. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Comprehensive coverages – This pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, vandalism, falling objects, hitting a deer and theft. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they 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.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Save your cold hard cash

The cheapest 2010 Chevy Malibu insurance can be found online and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. Some insurance providers may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

When shopping online for insurance, it’s a bad idea to reduce needed coverages to save money. In many cases, drivers have reduced full coverage and discovered at claim time they didn’t have enough coverage. The proper strategy is to buy a smart amount of coverage for the lowest price while still protecting your assets.

Much more information about insurance can be read at the links below