How Much Does 2012 Chevrolet Malibu Insurance Cost?

Trying to find cheaper insurance coverage rates for your Chevrolet Malibu? Searching for cheaper insurance for your Chevy Malibu can be difficult, but you can learn the following methods and make it easy.

There are more efficient ways to find insurance coverage online so we’re going to tell you the best way to quote coverages on a Chevy and find the cheapest rates from both online companies and local agents.

If you have a policy now or need new coverage, you will benefit by learning to find the best rates while maintaining coverages. Locating cheaper insurance coverage is easy if you know what you’re doing. Drivers only need to know how to compare price quotes on the web.

How to Lower Your Insurance Coverage Cost

Effectively comparing insurance coverage prices can be exhausting if you don’t understand the most efficient way to do it. You can waste a lot of time driving to insurance agencies in your area, or you can stay home and use online quoting to maximize your effort.

Many of the larger companies participate in a marketplace that enables customers to submit their information once, and every company then gives them pricing determined by their information. This prevents consumers from doing quote forms to each company.

To enter your information into the quoting system, click here to open in new window.

The single downside to comparing rates this way is you can’t choose which providers you will receive quotes from. So if you prefer to choose specific providers for rate comparison, we have assembled a list of low cost insurance coverage companies in your area. Click here to view list.

Which method you use is up to you, but make darn sure you compare identical coverages on every quote. If you have mixed coverages it will be next to impossible to make a fair comparison for your Chevy Malibu.

Do you qualify for discounts?

Car insurance can cost a lot, but there could be available discounts to help bring down the price. Certain discounts will be triggered automatically when you purchase, but some must be specially asked for before being credited. If they aren’t giving you every credit possible, you are throwing money away.

  • Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • New Car Discount – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • College Student – Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts can qualify for discounts up to 30%.
  • Memberships – Participating in a professional or civic organization could qualify you for a break when buying auto insurance for Malibu coverage.
  • One Accident Forgiven – A few companies will forgive one accident before raising your premiums if you are claim-free for a particular time prior to the accident.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more off the personal injury premium cost.
  • Own a Home – Owning a house can save you money due to the fact that maintaining a home requires personal responsibility.

A little note about advertised discounts, most discount credits are not given to the entire cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, auto insurance companies aren’t that generous. Any qualifying discounts will help reduce the cost of coverage.

Companies that may offer these benefits are:

Check with all companies you are considering which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

Don’t assume everyone needs the same coverage

When buying the right insurance coverage for your vehicles, there really is not a single plan that fits everyone. Everyone’s situation is unique.

These are some specific questions might point out if you will benefit from professional help.

  • How can I find cheaper teen driver insurance?
  • Are rock chip repairs covered?
  • Does insurance cover tools stolen from my truck?
  • How high should my uninsured/underinsured coverage be in my state?
  • Should I have a commercial auto policy?
  • Do I need higher collision deductibles?
  • Do I benefit by insuring my home with the same company?
  • Is my camper covered by my car insurance policy?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

Factors that might impact rates for a Chevy Malibu

Smart consumers have a good feel for the factors that play a part in calculating insurance rates. Understanding what influences your rates helps enable you to make changes that will entitle you to better insurance rates.

  • Bump up deductibles to save – Physical damage coverage, also known as collision and other-than-collision, protects your Chevy from damage. Some instances where coverage would apply would be a windshield shattered by a rock, collision with an animal, and windstorm damage. The deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The more money you are required to pay out-of-pocket, the lower your rates will be for Malibu coverage.
  • A lapse in coverage is a bad thing – Having an insurance coverage lapse will be a fast way to trigger a rate increase. Not only will you pay more, getting caught without coverage may earn you a steep fine or even jail time.
  • How’s your driving record? – Your driving citation history has a huge affect on how much you pay. Just one moving violation can boost insurance rates twenty percent or more. Careful drivers have lower premiums than their less careful counterparts. Drivers who have dangerous citations like reckless driving, hit and run or driving under the influence may need to file a SR-22 with their state DMV in order to prevent a license revocation.
  • Mature drivers pay less – Teen drivers have a tendency to be careless and easily distracted behind the wheel so insurance rates are higher. Adding a teenage driver to your insurance policy can really hurt. Older drivers are more cautious drivers, tend to cause fewer accidents and are safer drivers.
  • Car features impact rates – Driving a car that has an advanced theft prevention system can help lower your rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
  • Your occupation can affect rates – Careers like doctors, social workers and financial analysts tend to have higher average rates due to high stress and long work days. Conversely, professions such as farmers, engineers and the unemployed receive lower rates for Malibu coverage.
  • You might want pay the small claims yourself – Car insurance companies generally give cheaper rates to people who do not file claims often. If you file claims often, you can definitely plan on either policy cancellation or increased premiums. Insurance coverage is designed for the large, substantial claims.
  • Lower miles equals lower premium – The more you drive in a year’s time the more you’ll pay to insure your vehicle. Most companies apply a rate based upon how you use the vehicle. Autos left parked in the garage can get a lower rate than vehicles that are driven to work every day. Make sure your insurance policy is rated on the correct driver usage, because it can save money. Incorrect usage on your Malibu may be wasting your money.

Buyer beware of insurance coverage advertising tricks

Consumers constantly see and hear ads for car insurance savings by State Farm, Geico and Progressive. All the companies have a common claim of big savings if you move to their company.

How do they all claim to save you money?

All companies can use profiling for the type of driver that is profitable for them. A good example of a driver they prefer could possibly be over the age of 50, has no prior claims, and has a high credit rating. Any new insured who meets those qualifications gets the lowest rates and therefore will save quite a bit of money when switching.

Potential insureds who don’t qualify for the “perfect” profile will be quoted higher rates and this can result in business not being written. The ads state “people who switch” not “everyone that quotes” save that kind of money. That’s why insurance companies can make the claims of big savings.

This emphasizes why you absolutely need to get as many comparisons as possible. It’s just too difficult to predict the company that will fit your personal profile best.

Coverages available on your policy

Knowing the specifics of a car insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Collision coverage – This will pay to fix damage to your Malibu resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with a tree, hitting a parking meter, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Medical expense coverage – Coverage for medical payments and/or PIP pay for immediate expenses like nursing services, prosthetic devices, pain medications and dental work. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive protection – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, theft, damage from getting keyed and fire damage. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability auto insurance – This coverage can cover injuries or damage you cause to other’s property or people that is your fault. This coverage 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 values of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as emergency aid, structural damage, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection from other motorists when they 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.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages are identical to your policy’s liability coverage.

More comparisons equals lower rates

Affordable 2012 Chevy Malibu insurance is attainable from both online companies in addition to many insurance agents, and you need to comparison shop both so you have a total pricing picture. Some companies do not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

As you go through the steps to switch your coverage, it’s very important that you do not reduce coverage to reduce premium. There are many occasions where an accident victim reduced collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

People change insurance companies for any number of reasons including being labeled a high risk driver, policy non-renewal, lack of trust in their agent or denial of a claim. No matter why you want to switch, choosing a new insurance company is not as difficult as it may seem.

More information is located at these links: