View 2007 Chevrolet Malibu Maxx Insurance Quotes

Trying to find lower insurance rates for your Chevrolet Malibu Maxx? Did you come to the realization that you have an overpriced insurance policy? Say no more because many drivers have buyer’s remorse. Insurance companies such as Progressive, GEICO and Farmers Insurance continually hit you with ads and consumers find it hard to sift through the bull and find the best price available.

How to buy insurance

Comparing insurance rates can take hours if you don’t utilize the most efficient way. You can spend countless hours talking to local insurance agents in your area, or you could save time and use the internet for quick rates.

Many insurance companies belong to an insurance system that allows shoppers to submit one quote, and at least one company then gives them pricing. This saves time by eliminating quote requests for each company you want a rate for.

To compare rates using this form now click to open in new window.

The only drawback to pricing coverage this way is you can’t choose the providers to get pricing from. If you prefer to choose specific insurance companies to receive pricing from, we have a page of low cost insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but ensure you are comparing nearly identical coverage limits for each price quote. If each company quotes different coverage information you will not be able to make an equal comparison.

Advertising myths

Consumers can’t get away from all the ads for the lowest price insurance coverage from the likes of Allstate, GEICO and Progressive. They all make the same claim about savings after switching your insurance coverage coverage to their company.

How is it possible that every company can charge you a lower premium? It’s all in the words they use.

Insurance companies have an ideal profile for the right customer that will be a good risk. For example, a preferred risk might be married and over the age of 30, has a clear driving record, and drives less than 5,000 miles a year. Someone who fits that profile will probably get the lowest rates as well as save if they switch.

Insureds who may not quite match these standards will probably be forced to pay a more expensive rate and this results in business going elsewhere. The ads state “customers that switch” not “everyone who quotes” will save that much if they switch. That is how insurance companies can confidently claim big savings. Different companies use different criteria so you need to get price quotes at each policy renewal. It’s impossible to know with any certainty which company will have the best premium rates.

Chevy Malibu Maxx insurance costs can be more affordable

Many things are part of the calculation when you quote your car insurance policy. Some factors are common sense like your driving record, but some are less apparent like where you live or your financial responsibility.The best way to find cheaper insurance is to take a look at a few of the rating criteria that are used to determine your policy premiums. If you understand what determines premiums, this enables you to make decisions that can help you get big savings.

The factors shown below are some of the factors used by companies to determine your rates.

  • Do you need those extra coverages? – There are a lot of extra add-on coverages you can purchase if you don’t pay attention. Coverages for vanishing deductibles, accident forgiveness, and motor club memberships are probably not needed. These coverages may sound good initially, but if you don’t need them eliminate them to save money.
  • What’s your car’s crash test rating? – Vehicles with good safety scores tend to be cheaper to insure. The safest vehicles reduce occupant injuries and lower rates of occupant injuries means lower claim amounts and cheaper rates on your policy. If your Chevy has ratings of a minimum four stars on Safercar.gov you may pay a lower rate.
  • Gender and insurance prices – Over the last 30 years, statistics show that females take fewer risks when driving. However, don’t assume that females are better at driving than males. Both genders are in accidents in similar percentages, but the male of the species have accidents that have higher claims. Not only are claims higher, but men receive more costly citations like driving under the influence (DUI). Males from age 16 to 21 are the most expensive to insure and thus pay the highest rates.
  • Driving citations can be expensive – Being a careful driver has a huge affect on how much you pay. Drivers with clean records pay lower auto insurance prices than bad drivers. Having just one moving violation can boost insurance rates to the point where it’s not affordable. People who have careless violations like DWI, reckless driving or hit and run convictions may find that they have to to submit a SR-22 form with the DMV in their state in order to legally drive a vehicle.

Get lower rates with these discounts

The price of auto insurance can be rather high, but there are discounts available that may help make it more affordable. Many discounts should be triggered at the time of purchase, but less common discounts must be asked for before you get the savings.

  • Club Memberships – Belonging to a qualifying organization can get you a small discount on your bill.
  • Pay Upfront and Save – By making one initial payment rather than paying monthly you can actually save on your bill.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more on Malibu Maxx coverage than their less cautious counterparts.
  • Good Student – This discount can earn a discount of 20% or more. The good student discount can last up until you turn 25.
  • Low Mileage – Driving fewer miles can earn lower premium rates on the low mileage vehicles.
  • Sign Early and Save – Some companies reward drivers for signing up prior to your current policy expiring. You can save around 10% with this discount.
  • Auto/Life Discount – Insurance coverage companies who offer life insurance give a discounted premium rate on car insurance if you buy a life policy as well.
  • Defensive Driving Course – Successfully completing a defensive driving course could cut 5% off your bill and make you a better driver.
  • Military Discounts – Having a deployed family member could mean lower premium rates.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to your bottom line cost. Most only reduce individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like you could get a free insurance coverage policy, company stockholders wouldn’t be very happy. Any qualifying discounts will definitely lower your overall premium however.

Larger insurance coverage companies and a summarized list of policyholder discounts can be read below.

  • Farm Bureau has savings for multi-policy, safe driver, driver training, renewal discount, good student, 55 and retired, and multi-vehicle.
  • State Farm offers discounts for passive restraint, driver’s education, good driver, anti-theft, and Steer Clear safe driver discount.
  • Progressive may include discounts for homeowner, continuous coverage, multi-vehicle, online signing, and multi-policy.
  • Allstate has discounts for premier plus, safe driver, senior citizen, utility vehicle, and EZ pay plan discount.
  • Nationwide offers premium reductions for anti-theft, easy pay, family plan, good student, multi-policy, business or organization, and accident-free.
  • MetLife discounts include accident-free, defensive driver, good driver, multi-policy, and claim-free.

It’s a good idea to ask all the companies which discounts can lower your rates. Discounts may not apply to policies in your area. If you would like to choose from a list of providers that can offer you the previously mentioned discounts, click this link.

Car insurance can be complex

When it comes to buying coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. For instance, these questions may help you determine whether or not you could use an agent’s help.

  • Does my personal policy cover me when driving out-of-state?
  • How do I buy GAP insurance?
  • Does coverage extend to Mexico or Canada?
  • Does coverage extend to my business vehicle?
  • What are the best liability limits?
  • Am I covered by my spouse’s policy after a separation?
  • What should my uninsured motorist coverage limits be in my state?
  • Is my babysitter covered when using my vehicle?
  • Do I really need UM/UIM coverage?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.

Parts of your auto insurance policy

Learning about specific coverages of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types available from auto insurance companies.

Coverage for uninsured or underinsured drivers – This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Chevy Malibu Maxx.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Collision – This coverage covers damage to your Malibu Maxx resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a building, colliding with a tree, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance kick in for bills such as X-ray expenses, rehabilitation expenses, chiropractic care, nursing services and pain medications. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible

Liability auto insurance – Liability coverage will cover damage or injury you incur to people or other property in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as structural damage, emergency aid, loss of income, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive auto insurance – This covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hitting a deer, hitting a bird and fire damage. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Buy online or local, you save

As you shop your coverage around, you should never skimp on critical coverages to save a buck or two. In too many instances, drivers have reduced liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your goal should be to buy enough coverage at the lowest possible cost and still be able to protect your assets.

You just learned many tips how you can get a better price on 2007 Chevy Malibu Maxx insurance. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Drivers may discover the lowest prices are with a small mutual company. Smaller companies may often insure only within specific states and give getter rates than their larger competitors like GEICO and State Farm.

More information is available below: