Cheaper 2009 Chevrolet Malibu Hybrid Car Insurance Rates

Overpriced Chevrolet Malibu Hybrid insurance can drain your personal savings and force you to make sacrifices. Comparing price quotes is free, only takes a few minutes, and is a good way to help make ends meet.

Big companies like State Farm, Progressive and Geico all claim big savings, bombarding you with ad campaigns and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.

Comparison of Auto Insurance

Comparing auto insurance rates can be exhausting if you don’t understand the most efficient way to do it. You could waste a few hours talking about coverages with local insurance agents in your area, or you can stay home and use online quoting for quick rates.

Many of the larger companies enroll in a system that allows shoppers to send in one quote, and each company can give them a price for coverage. This saves time by eliminating form submissions to each individual auto insurance company.

To get comparison pricing now click to open in new window.

One minor caviat to getting quotes like this is buyers cannot specifically choose the companies you want pricing from. So if you want to choose individual companies to request quotes from, we have a page of companies who write auto insurance in your area. Click to view list.

It’s up to you which method you use, but make sure you use apples-to-apples deductibles and coverage limits with every price quote. If you use differing limits then you won’t be able to truly determine the lowest rate. Just a small difference in coverage limits could mean much higher rates. Just remember that more quotes provides better odds of finding the best offered rates.

Save money by taking advantage of these discounts

Insurance can be prohibitively expensive, but there could be available discounts to help offset the cost. Larger premium reductions will be automatically applied at the time you complete a quote, but a few need to be asked for before they will apply.

  • Homeowners Discount – Being a homeowner can help you save on insurance because maintaining a house shows financial diligence.
  • Save over 55 – Older drivers may qualify for better insurance rates on Malibu Hybrid insurance.
  • Driver Safety – Completing a driver safety course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use a seat belt can save 10% or more off your medical payments premium.
  • Accident Free – Good drivers with no accidents pay less when compared with drivers who are more careless.
  • Auto/Home Discount – When you have multiple policies with one insurance company you will save up to 20% off your total premium.

It’s important to understand that many deductions do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like medical payments or collision. Just because it seems like you could get a free insurance policy, it just doesn’t work that way. Any amount of discount will bring down your premiums.

To see a list of insurance companies with the best insurance discounts, click here.

When should I use an insurance agent?

When buying the right insurance coverage, there is no one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions might point out whether or not you might need an agent’s assistance.

  • Is my 2009 Chevy Malibu Hybrid covered for smoke damage?
  • Are rock chip repairs covered?
  • Am I missing any policy discounts?
  • Should I drop comprehensive coverage on older vehicles?
  • Can I afford to buy a different vehicle if my 2009 Chevy Malibu Hybrid is totaled?
  • Is my trailer covered?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance companies in your area.

Why you might be paying too much to insure your Chevy Malibu Hybrid

Smart consumers have a good feel for some of the elements that play a part in calculating the rates you pay for car insurance. When you know what positively or negatively determines base rates enables informed choices that may reward you with big savings.

  • Mature drivers pay less – More mature drivers tend to be more responsible, file fewer claims and tend to be better behind the wheel. Teenage drivers are statistically proven to be careless and easily distracted when driving and because of this, their car insurance rates are much higher.
  • Where do you drive? – The higher the mileage driven in a year’s time the higher your rates will be. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars and trucks not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Malibu Hybrid may be wasting your money. Ask your agent if your car insurance declarations sheet properly reflects the correct usage for each vehicle.
  • Having a spouse can save you money – Being married can actually save you money on car insurance. Having a spouse usually means you are more mature and statistics show married couples file fewer claims.
  • Don’t let your coverage lapse – Allowing your coverage to lapse is a quick way to bump up your car insurance costs. Not only will rates go up, but being ticketed for driving with no insurance can result in a license revocation or jail time.You may need to file a SR-22 with your state DMV.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings are cheaper to insure. Safer cars have better occupant injury protection and lower injury rates means less money paid by your insurance company and thus lower rates. If your Chevy Malibu Hybrid is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Extra coverages can waste money – There are a lot of extra bells and whistles you can purchase if you aren’t careful. Coverages for vanishing deductibles, better glass coverage and additional equipment coverage are some examples. These may sound like a good investment initially, but now you might not need them so eliminate them to save money.
  • Liability coverage is peace of mind – Liability coverage will protect you if ever you are found liable for causing damage or personal injury in an accident. Liability provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so buy as much as you can afford.
  • Do you qualify for a multi-policy discount? – Many insurance companies will give a discount to insureds who consolidate policies with them such as combining an auto and homeowners policy. Discounts can add up to 10 percent or more. Even though this discount sounds good, it’s still a good idea to shop around to confirm you are receiving the best rates possible.

Specifics of your auto insurance policy

Understanding the coverages of auto insurance helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages found on most auto insurance policies.

Auto collision coverage

Collision coverage pays for damage to your Malibu Hybrid resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as sideswiping another vehicle, hitting a mailbox and hitting a parking meter. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like chiropractic care, ambulance fees, doctor visits and prosthetic devices. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability

Liability insurance protects you from injuries or damage you cause to a person or their property. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as court costs, repair bills for other people’s vehicles, funeral expenses, emergency aid and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Chevy Malibu Hybrid.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages do not exceed the liability coverage limits.

Comprehensive coverage

This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, a broken windshield, damage from a tornado or hurricane and vandalism. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

And the best car insurance company is…

When trying to cut insurance costs, do not buy less coverage just to save a little money. There have been many situations where someone sacrificed collision coverage to discover at claim time that the few dollars in savings costed them thousands. The ultimate goal is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Cheap 2009 Chevy Malibu Hybrid insurance is definitely available from both online companies in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis. Some companies do not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

More resources