Cheaper 2010 Chevrolet Malibu Car Insurance Quotes

Searching for the cheapest insurance rates? Consumers have a choice when looking for the best price on Chevy Malibu insurance. They can either waste time struggling with agents trying to get quotes or use the internet to get rate quotes.

There are both good and bad ways to find insurance online so you’re going to learn the best way to price shop coverage for a Chevy and find the best price possible either online or from local insurance agents.

Factors that can influence insurance rates for a Chevy Malibu

Consumers need to have an understanding of the factors that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that could result in lower auto insurance prices.

Shown below are some of the items that factor into premiums.

  • Car features impact rates – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.
  • Small claims can cost you – Car insurance companies award better rates to policyholders who file claims infrequently. If you file claims often, you can expect either higher rates or even cancellation. Auto insurance is designed for the large, substantial claims.
  • Lower deductibles cost more – Physical damage insurance, also known as collision and other-than-collision, protects your Chevy from damage. Examples of covered claims would be a windshield shattered by a rock, collision with an animal, and rolling your vehicle. The deductibles are the amount of money you are required to spend before a claim is paid by your company. The more money you’re willing to pay, the lower your rates will be for Malibu insurance.
  • Poor credit can mean higher rates – A driver’s credit history is a large factor in determining what you pay for auto insurance. If your credit history is not that good, you could pay less to insure your 2010 Chevrolet Malibu by repairing your credit. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower credit scores.
  • Being married can save on auto insurance – Getting married actually saves money on your auto insurance policy. Having a spouse is viewed as being more responsible and it’s statistically proven that married drivers get in fewer accidents.
  • Men are more aggressive – Statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are WORSE drivers than women. Men and women tend to get into accidents in similar numbers, but men cause more damage. Men also have more aggressive citations such as reckless driving. Teenage male drivers tend to get in the most accidents and therefore have the most expensive auto insurance rates.

Are you getting all your discounts?

Insuring your fleet can be pricey, but discounts can save money and there are some available that you may not know about. Certain discounts will be applied at the time of purchase, but a few need to be specially asked for before you will receive the discount. If you don’t get every credit possible, you are paying more than you should be.

  • Use Seat Belts – Drivers who require all occupants to wear their seat belts can save 10% or more off the personal injury premium cost.
  • 55 and Retired – If you’re over the age of 55, you can possibly qualify for reduced rates for Malibu insurance.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.
  • Accident Free – Drivers who don’t have accidents pay much less compared to drivers who are more careless.
  • 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.
  • Paperless Signup – A few companies will give a small break simply for signing online.
  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Sign Early and Save – Select companies give a discount for signing up before your current policy expires. It can save you around 10%.
  • Drive Less and Save – Fewer annual miles on your Chevy could qualify for lower rates on the low mileage vehicles.

Consumers should know that most discount credits are not given to all coverage premiums. Most only apply to individual premiums such as collision or personal injury protection. So when the math indicates you could get a free auto insurance policy, it doesn’t quite work that way. Any qualifying discounts will help reduce the cost of coverage.

A partial list of companies that may offer these discounts include:

Before buying, ask each company which discounts you may be entitled to. Discounts might not apply everywhere.

When might I need an agent?

When buying the right insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For example, these questions may help you determine if you may require specific advice.

  • What can I do if my company won’t pay a claim?
  • Do I have coverage when making deliveries for my home business?
  • Can I still get insurance after a DUI?
  • What if I total my 2010 Chevy Malibu and owe more than it’s worth?
  • When do I need to add a new car to my policy?
  • What discounts do I qualify for?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I rent a car in Mexico?
  • Should I buy additional glass protection?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and you can get the answers you need.

Insurance coverage basics

Having a good grasp of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement.

Collision insurance

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sideswiping another vehicle, driving through your garage door, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as doctor visits, X-ray expenses, pain medications and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Liability

Liability coverage provides protection from injuries or damage you cause to people or other property in an accident. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as funeral expenses, attorney fees and court costs. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, hail damage, damage from flooding, falling objects and fire damage. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Chevy Malibu.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are similar to your liability insurance amounts.

Don’t throw your cash in the trash

While you’re price shopping online, you should never sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut liability limits or collision coverage and discovered at claim time they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

Throughout this article, we presented many ways to reduce 2010 Chevy Malibu insurance prices online. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the lowest rates come from a small local company.

Insureds switch companies for a variety of reasons including not issuing a premium refund, delays in responding to claim requests, policy non-renewal or policy cancellation. Regardless of your reason for switching companies, switching companies is pretty simple and you could end up saving a buck or two.

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