How Much Does 2007 Chevrolet Malibu Car Insurance Cost?

Locating low-cost insurance for a new or used Chevy Malibu could be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to buy insurance coverage so you’re going to learn the absolute fastest way to compare rates for a new or used Chevy and locate the lowest price from both online companies and local agents.

Consumers should take time to price shop coverage quite often because prices are usually higher with each renewal. Despite the fact that you may have had the lowest rates for Malibu insurance a few years ago you will most likely find a better rate quote today. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to the best methods to find better coverage at a better price.

Finding affordable coverage is easy if you know what you’re doing. If you have a current auto insurance policy or are just looking to switch companies, you can learn to cut your premiums while maintaining coverages. Vehicle owners only need an understanding of how to compare rates online.

These discounts can lower your auto insurance quotes

Car insurance can cost a lot, but there could be available discounts that may help make it more affordable. A few discounts will be applied when you complete an application, but less common discounts must be requested specifically prior to getting the savings. If you do not double check each discount available, you’re just leaving money on the table.

  • Discount for Swiching Early – Some insurance companies provide a discount for buying a new policy prior to the expiration date on your current policy. It can save you around 10%.
  • Online Discount – A few auto insurance companies may give you up to $50 for buying your policy online.
  • Active Military Service – Having a deployed family member could mean lower prices.
  • Drivers Education – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education if it’s offered in school.
  • Discounts for Government Workers – Active or former government employment may qualify for a discount when you quote insurance coverage for Malibu insurance but check with your company.
  • Low Miles Discount – Fewer annual miles on your Chevy could be rewarded with cheaper prices.

It’s important to understand that many deductions do not apply the the whole policy. Some only reduce the price of certain insurance coverages like medical payments or collision. So even though you would think you can get free auto insurance, that’s just not realistic.

Some of the larger companies that may include these discounts include:

If you want inexpensive insurance coverage quotes, ask every company which credits you are entitled to. All car insurance discounts may not be available in your area.

Cheap auto insurance

Most companies provide pricing on their websites. Comparing prices online can be done by anyone as you simply enter the amount of coverage you want into the quote form. After you complete the form, their rating system gets credit information and your driving record and provides a quote based on these and other factors.

Being able to quote online helps simplify price comparisons, but the time required to go to many different websites and enter the same data into a form is monotonous and tiresome. But it’s very important to have as many quotes as possible in order to get the lowest auto insurance rates.

There is a better way!

A better way to find lower prices requires only one form that gets price quotes from many companies. The form is fast, eliminates repetitive work, and makes comparison shopping much simpler. Immediately after you send the form, your coverage is rated with multiple companies and you can pick your choice of the returned quotes. If the quotes result in lower rates, it’s easy to complete the application and purchase the new policy. This process takes 15 minutes at the most and may result in a nice savings.

To quickly compare rates using this form now, simply click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you duplicate the coverage information exactly as they are listed on your policy. Doing this assures you will have an apples-to-apples comparison based on identical coverages.

Informed consumers can reduce their insurance rates

Many things are used in the calculation when premium rates are determined. Some are pretty understandable such as traffic violations, but other factors are more obscure like your vehicle usage or your commute time.

The list below includes a few of the things companies use to determine prices.

  • Maintain car insurance coverage – Driving your car without having proper coverage is not a good idea and you will pay a penalty because you let your coverage cancel without a new policy in place. Not only will you pay higher rates, failure to provide proof of insurance might get you a steep fine or even jail time. You may then have to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Cautious drivers pay less – Good drivers receive lower rates than bad drivers. Even one chargable violation can bump up the cost by as much as thirty percent. Drivers who have gotten severe tickets like DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to legally drive a vehicle.
  • Gender is a factor – Over time, data shows that females tend to be a little less risky than males. That doesn’t necessarily mean that men are worse drivers. Men and women have fender benders in similar percentages, but guys have costlier accidents. In addition to higher claims, males also get ticketed for serious violations like driving under the influence (DUI). Male teenagers are several times more likely to be in an accident so they pay the highest premiums.
  • Liability insurance claims can be big – Your policy’s liability coverage is the coverage that protects you if a court rules you are at fault for damages caused by your negligence. It will provide you with a defense in court which can be incredibly expensive. Liability insurance is quite affordable compared to other policy coverages, so drivers should carry high limits.
  • Low deductibles mean high premiums – Coverage for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Chevy. Examples of some claims that would be covered would be a broken windshield, flood damage, and windstorm damage. The deductibles you choose define how much you are required to pay before your car insurance pays a claim. The more expense you are required to pay out-of-pocket, the less money you will pay for car insurance for Malibu insurance.

Different people need different insurance coverages

When it comes to choosing adequate coverage, there isn’t really a best way to insure your cars. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine whether your personal situation might need professional guidance.

  • Does my personal policy cover me when driving out-of-state?
  • Is my teen driver covered when they drive my company car?
  • Is motorclub coverage worth it?
  • What is roadside assistance coverage?
  • When does my teenage driver need to be added to my policy?
  • Is my trailer covered?
  • Will my rates increase for filing one claim?
  • What if I don’t agree with a claim settlement offer?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I waive the damage coverage when renting a car?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance 101

Knowing the specifics of your auto insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Liability coverage – Liability insurance will cover injuries or damage you cause to a person or their property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as funeral expenses, medical expenses, emergency aid, medical services and bail bonds. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like X-ray expenses, pain medications and EMT expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Comprehensive auto coverage – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like vandalism, damage from a tornado or hurricane, theft, a tree branch falling on your vehicle and fire damage. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Chevy Malibu.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Collision coverage – This coverage pays for damage to your Malibu resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as rolling your car, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also bump up the deductible to save money on collision insurance.

Spend less. Save more.

We’ve covered many ideas to lower your 2007 Chevy Malibu insurance premium rates. The key thing to remember is the more providers you compare, the higher your chance of finding cheap insurance coverage. You may even find the best price on insurance is with the smaller companies.

Insureds switch companies for a number of reasons such as delays in responding to claim requests, delays in paying claims, not issuing a premium refund or even policy non-renewal. It doesn’t matter why you want to switch finding a new insurance company is not as difficult as it may seem.

As you restructure your insurance plan, it’s a bad idea to buy less coverage just to save a little money. There have been many situations where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that they should have had better coverage. Your focus should be to buy the best coverage you can find at the best possible price while not skimping on critical coverages.

Additional information