2000 Chevrolet Malibu Car Insurance Cost

Consumers have options when looking for low-cost Chevy Malibu insurance. You can either waste hours driving around to compare prices or leverage the internet to find the lowest rates. There is a right way and a wrong way to find insurance online so you’re going to learn the absolute fastest way to quote coverages for your Chevy and get the cheapest rates.

Consumers need to quote other rates on a regular basis due to the fact that insurance prices are variable and change quite frequently. Even if you got the lowest rate on Malibu insurance last year there is a good chance you can find better premium rates now. Forget all the misinformation about insurance because you’re about to learn one of the best ways to find the best coverage while lowering your premiums.

Free car insurance rate quotes

There are a lot of ways to compare car insurance prices but there is one way that is less time-consuming than others. You can waste a few hours (or days) driving to insurance agencies in your area, or you can stay home and use online quotes to get prices fast.

Many popular insurance companies participate in an industry program that allows shoppers to enter their coverage request one time, and each participating company can give them a price for coverage. This saves time by eliminating quote forms for every car insurance company.

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The one downside to comparing rates this way is you don’t know exactly the providers you will receive quotes from. If you wish to select from a list of companies to receive pricing from, we have assembled a list of low cost car insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but be sure to compare identical coverages for every quote you compare. If your comparisons have different limits and deductibles on each one it will be nearly impossible to get a fair rate comparison.

Get lower rates with these insurance discounts

Some companies do not advertise their entire list of discounts in a way that’s easy to find, so we took the time to find some of the more common and also the more inconspicuous discounts you could be receiving when you buy insurance online.

  • Defensive Driver Discounts – Participating in a course that instructs on driving safety may get you a small discount if your company offers it.
  • Accident Waiver – This one is not really a discount per se, but some insurance companies will let one accident slide before hitting you with a surcharge if your claims history is clear for a specific time period.
  • Discount for Home Ownership – Simply owning a home can help you save on insurance because owning a home shows financial diligence.
  • Paperwork-free – A few larger online companies may give you up to $50 for signing up on the web.
  • Government Employees – Being employed by or retired from a federal job may qualify for a discount when you quote insurance on Malibu insurance with select insurance companies.

Discounts reduce rates, but you should keep in mind that most credits do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as liability and collision coverage. Even though the math looks like you can get free auto insurance, it just doesn’t work that way.

A few of the larger companies and a summarized list of policyholder discounts include:

  • Progressive policyholders can earn discounts including homeowner, online signing, multi-vehicle, multi-policy, and good student.
  • GEICO may include discounts for good student, multi-policy, anti-theft, driver training, defensive driver, military active duty, and seat belt use.
  • State Farm has discounts for multiple policy, driver’s education, Steer Clear safe driver discount, safe vehicle, good student, and passive restraint.
  • Esurance may offer discounts for anti-lock brakes, multi-car, renters, online quote, and online shopper.
  • The Hartford discounts include defensive driver, anti-theft, air bag, bundle, driver training, and vehicle fuel type.

Double check with each insurance company which discounts you may be entitled to. Savings may not apply to policyholders in your area. To see insurers who offer cheap insurance quotes, click here.

Auto insurance can get complicated

When buying the best auto insurance coverage, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining whether you could use an agent’s help.

  • Is my 2000 Chevy Malibu covered for flood damage?
  • Does my 2000 Chevy Malibu need full coverage?
  • Do I need motorclub coverage?
  • Why am I required to buy high-risk coverage?
  • I don’t drive much so do I pay less?
  • Am I covered by my spouse’s policy after a separation?
  • How does medical payments coverage work?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form. It is quick, free and can provide invaluable advice.

How your Malibu insurance rates are determined

A large part of saving on insurance coverage is knowing some of the things that help determine your policy premiums. When you know what positively or negatively impacts premium levels, this empowers consumers to make smart changes that may result in much lower annual insurance costs.

  • Small coverages can add up – There are a lot of extra bells and whistles you can purchase but may not be useful. Things like personal injury protection, accident forgiveness, and extra equipment coverage may not be needed and are just wasting money. The coverages may be enticing when discussing your needs, but if they’re wasting money consider taking them off your policy.
  • Low deductibles can be expensive – Physical damage coverage, also called ‘full coverage’, insures against damage to your Chevy. Some examples of claims that would be covered could be a dented fender, collision with an animal, and damage from a fallen tree branch. Your deductibles state the amount of money you are willing to pay before your insurance coverage pays a claim. The higher the amount the insured is willing to pay, the less money you will pay for insurance coverage on Malibu insurance.
  • Teenage drivers pay higher prices – More mature drivers are viewed as being more responsible, tend to file fewer claims .Teenage drivers are statistically proven to be more careless when driving with friends therefore insurance coverage rates are much higher.
  • City traffic equals higher rates – Choosing to live in small towns and rural areas is a positive aspect when trying to find low car insurance rates. City drivers have to deal with traffic congestion and much longer commute distances. Fewer drivers and short commutes means fewer accidents and also fewer theft and vandalism claims.
  • Cheaper prices with safer cars – Cars with five star safety ratings tend to have lower insurance rates. Safe vehicles protect occupants better and lower rates of occupant injuries means less money paid by your insurance company and more competitive rates for policyholders.
  • Women tend to take less risk – Statistics have proven that women are safer drivers than men. The data does not necessarily mean that men are WORSE drivers than women. Females and males have fender benders in similar percentages, but men cause more damage and cost insurance companies more money. Not only that, but men also receive more major tickets such as DWI and reckless driving.

Insurance buyers beware

Consumers can’t get away from all the ads that claim the best rates from companies such as Allstate and Progressive. All the companies advertise the message about how much you will save just by switching your insurance policy to them.

How can each company have lower policy pricing? This is the trick they use.

Many companies quote their best rates for the driver that will generate a profit. A good example of this type of driver might have to be over the age of 45, is a homeowner, and has great credit. A customer who fits that profile will probably get cheap premium rates and will most likely cut their rates substantially.

Drivers who don’t qualify for these standards will probably have to pay more expensive rates and ends up with the customer buying from someone else. The wording the ads use say “drivers that switch” not “everybody who quotes” save that kind of money. That is how companies can lure you into getting a quote. Because each company has a different risk profile, it’s extremely important to compare quotes as often as possible. Because you never know which insurance company will provide you with the cheapest rates.

What auto insurance coverages do you need?

Having a good grasp of a auto insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive protection – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as hitting a bird, theft, vandalism, damage from a tornado or hurricane and hail damage. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability – This protects you from injuries or damage you cause to other people or property. It protects you against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as attorney fees, legal defense fees, court costs and loss of income. How much coverage you buy is up to you, but you should buy as large an amount as possible.

Uninsured or underinsured coverage – This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Malibu.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for bills such as funeral costs, EMT expenses and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision – This will pay to fix damage to your Malibu resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims like backing into a parked car, damaging your car on a curb, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Smart shoppers get results

Cheaper 2000 Chevy Malibu insurance can be sourced both online and also from your neighborhood agents, so get free insurance quotes from both of them in order to have the best price selection to choose from. A few companies don’t offer rate quotes online and many times these smaller providers provide coverage only through independent insurance agencies.

Drivers leave their current company for many reasons like extreme rates for teen drivers, policy non-renewal, denial of a claim or unfair underwriting practices. Regardless of your reason, finding a great new company can be easy and end up saving you some money.

When shopping online for insurance, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut collision coverage only to find out they didn’t have enough coverage. Your goal should be to purchase plenty of coverage at the best possible price, but do not sacrifice coverage to save money.

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