How Much Does 2005 Chevrolet Malibu Insurance Cost?

Looking for cheaper car insurance rates for your Chevrolet Malibu? Finding cheaper insurance for a Chevy Malibu can be a lot of work, but you can use these tips to save time. There is a better way to shop for car insurance and we’ll show you the proper way to quote coverages for a Chevy and obtain the cheapest rates from local insurance agents and online providers.

The cheapest insurance coverage rate quotes online

Finding a lower price on 2005 Chevy Malibu insurance isn’t really that difficult. The only requirement is to spend a little time to compare rate quotes provided by online insurance companies. This can be accomplished in just a few minutes using one of these methods.

• The most efficient way to get quotes is an all-inclusive rate comparison click to view form in new window. This method eliminates the need for multiple quote forms for every insurance coverage company. A single, simple form will return quotes from insurance coverage companies with the best prices. It’s the fastest way to compare.
• A more difficult way to analyze rates requires visiting each company website and get a separate price quote. For examples sake, we’ll assume you want to compare rates from Liberty Mutual, State Farm and Geico. You would have to take the time to go to each site to enter your coverage information, which is why the first method is quicker.

  To view a list of companies in your area, click here.

Whichever way you use, try to keep the same deductibles and coverage limits with every price quote. If the quotes have higher or lower deductibles you will not be able to decipher which rate is best.

Take advantage of every auto insurance discount

Auto insurance companies don’t always advertise every available discount in a way that’s easy to find, so the following list contains some of the best known in addition to some of the lesser obvious discounts that you may qualify for. If you aren’t receiving every discount possible, you could be paying more than you need to.

• One Accident Forgiven – Not a discount per se, but companies like Progressive, Allstate, and Geico will allow you to have one accident without the usual rate increase if you have no claims prior to being involved in the accident.
• Low Mileage Discounts – Maintaining low annual mileage can qualify you for cheaper prices.
• Multiple Cars – Drivers who insure primary and secondary vehicles on one policy can reduce rates for all insured vehicles.
• Defensive Driver – Successfully completing a course that instructs on driving safety can save you 5% or more if your company offers it.
• Professional Organizations – Participating in a civic or occupational organization could earn you a nice discount on your bill.
• 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for a small discount on rates for Malibu insurance.

Discounts lower rates, but most credits do not apply to all coverage premiums. Most only cut the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like it’s possible to get free car insurance, that’s just not realistic.

Car insurance companies that may offer policyholders some of the discounts shown above possibly include:

• Progressive
• MetLife
• Mercury Insurance
• Nationwide
• Geico
• AAA

Before you buy a policy, ask all companies you are considering which credits you are entitled to. Savings might not apply in your state. If you would like to see a list of companies who offer auto insurance discounts, follow this link.

How to know if you need help

When buying adequate coverage, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For instance, these questions could help you determine whether or not you might need an agent’s assistance.

• Can I rent a car in Mexico?
• Is my cargo covered for damage or theft?
• Do I really need UM/UIM coverage?
• What if I total my 2005 Chevy Malibu and owe more than it’s worth?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Should I sign the liability waiver when renting a car?
• When should I remove comp and collision on my 2005 Chevy Malibu?
• Is my custom paint covered by insurance?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form. It is quick, free and may give you better protection.

Car insurance coverage specifics

Knowing the specifics of your car insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like pain medications, nursing services, X-ray expenses and prosthetic devices. They are often used in conjunction with a health insurance plan or if you do not have health coverage. They cover you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Liability insurance

Liability insurance provides protection from damage that occurs to people or other property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like emergency aid, legal defense fees, court costs, repair bills for other people’s vehicles and medical services. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like a broken windshield, rock chips in glass, theft, vandalism and a tree branch falling on your vehicle. The highest amount a car 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 it’s not worth carrying full coverage.

Collision protection

This coverage covers damage to your Malibu from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like colliding with another moving vehicle, crashing into a ditch, backing into a parked car, sideswiping another vehicle and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Smart shoppers get results

We just presented a lot of ways to get a better price on 2005 Chevy Malibu insurance. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. You may be surprised to find that the best price on auto insurance is with some of the lesser-known companies.

Consumers change insurance companies for any number of reasons including unfair underwriting practices, lack of trust in their agent, extreme rates for teen drivers or even delays in responding to claim requests. It doesn’t matter what your reason, finding a new auto insurance company can be less work than you think.

While you’re price shopping online, don’t be tempted to skimp on coverage in order to save money. In too many instances, an insured cut physical damage coverage and discovered at claim time that they should have had better coverage. The ultimate goal is to get the best coverage possible for the lowest price, but do not skimp to save money.

More information is available at these links:

• Auto Insurance FAQ (Farmers Insurance)
• Who Has Cheap Car Insurance Quotes for a Chevrolet Malibu in Cincinnati? (QuoteCincinnati.com)
• Auto Insurance Basics (Insurance Information Insitute)
• State Car Insurance Guides (Geico)
• Prom Night Tips for Teen Drivers (State Farm)
• Collision Insurance Coverage (Nationwide)
• Vehicle Insurance (Wikipedia)