2007 Chevrolet Malibu Maxx Insurance Cost

Looking for cheaper car insurance rates for your Chevrolet Malibu Maxx? No sane person looks forward to buying car insurance, especially when they are aware that they could find better prices if they shop around.

There are many insurance companies to purchase coverage from, and though it is a good thing to have a selection, having more insurance companies makes it harder to find the best rates for your vehicles.

You need to compare prices yearly because rates fluctuate regularly. Even if you got the best deal for Malibu Maxx insurance two years ago there is a good chance you can find better prices now. There is a lot of wrong information about car insurance out there, but I’m going to show you a bunch of ideas how to quit paying high car insurance rates.

These discounts can lower your insurance quotes

Companies that sell car insurance don’t always list every discount they offer very clearly, so the list below contains a few of the more well known and the more hidden credits that you can use to lower your rates.

• Early Switch Discount – Select larger companies give a discount for buying a policy early. You can save around 10% with this discount.
• No Charge for an Accident – Not a discount per se, but a few companies such as Geico and Allstate allow you one accident before your rates go up with the catch being you have to be claim-free before the accident.
• Accident-Free Discounts – Insureds with no claims or accidents can earn big discounts as compared to insureds who have frequent claims or accidents.
• Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are less likely to be stolen and qualify for as much as a 10% discount.
• Auto/Life Discount – Select insurance companies reward you with a discounted rate on car insurance if you buy life insurance.
• Savings for New Vehicles – Buying insurance coverage on a new vehicle can be considerably cheaper since newer vehicles have better safety ratings.
• Paperless Signup – A handful of insurance companies will discount your bill up to fifty bucks simply for signing on their website.
• Senior Citizen Rates – Drivers that qualify as senior citizens can get lower premium rates for Malibu Maxx insurance.
• Government Employee Discount – Having worked for a branch of the government can earn a discount up to 10% for Malibu Maxx insurance depending on your company.
• Discount for Multiple Policies – When you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.

Discounts lower rates, but some credits don’t apply to the entire policy premium. Some only apply to individual premiums such as comp or med pay. So when it seems like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will definitely lower your premiums.

Car insurance companies who may offer most of these discounts possibly include:

• State Farm
• Progressive
• Progressive
• MetLife
• Farm Bureau
• Geico
• SAFECO

Before you buy a policy, ask each company or agent which discounts they offer. Some discounts listed above may not be available everywhere. To locate providers offering insurance discounts, click here.

How to compare auto insurance quotes

Performing a rate comparison can take hours if you don’t utilize the best way to get rate quotes. You could spend your day talking to insurance companies in your area, or you could use online quoting for quick rates.

Most major companies participate in an industry program that allows shoppers to enter their coverage request one time, and each participating company provides a quote based on that data. This prevents consumers from doing repetitive form submissions to each company.

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

The single downside to using this type of system is buyers cannot specifically choose the providers you want to price. If you prefer to choose from a list of companies to compare, we have a page of auto insurance companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but do your best to use exactly the same quote information on every price quote you get. If the quotes have unequal deductibles or liability limits you can’t possibly get a fair rate comparison. Just slight variations in insurance coverages or limits can make a big difference in price. And when comparing auto insurance rates, know that quoting more will improve the odds of getting the best offered rates. Some companies don’t provide online quotes, so you should also compare price quotes from those companies as well.

Different people need different car insurance coverages

When choosing the right insurance coverage, there really is no “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions could help you determine if your insurance needs would benefit from an agent’s advice.

• How do I buy GAP insurance?
• Do I get a pro-rated refund if I cancel my policy early?
• What exactly is covered by my policy?
• Can I afford to buy a different vehicle if my 2007 Chevy Malibu Maxx is totaled?
• I have a DUI can I still get coverage?
• How much liability coverage do I need in my state?
• Am I insured when driving a different vehicle?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Educate yourself about auto insurance coverages

Understanding the coverages of auto insurance helps when choosing appropriate coverage for your vehicles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average auto insurance policy.

Comprehensive insurance – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as theft, hail damage, damage from getting keyed, fire damage and vandalism. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage – This coverage pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like colliding with a tree, hitting a mailbox, driving through your garage door and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for immediate expenses such as EMT expenses, dental work and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Chevy Malibu Maxx.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Auto liability – Liability coverage will cover damage or injury you incur to other people or property. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for things such as medical expenses, court costs and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Shop. Compare. Save.

When you buy car insurance online, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, an accident victim reduced liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal is to get the best coverage possible at a price you can afford but still have enough coverage for asset protection.

You just learned a lot of information how to reduce 2007 Chevy Malibu Maxx insurance prices online. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. Drivers may discover the lowest priced insurance coverage comes from some of the lesser-known companies. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like Allstate or State Farm.

To learn more, feel free to browse these articles:

• Understanding Limits and Deductibles (Allstate)
• Vehicle Safety Ratings (iihs.org)
• Car Insurance FAQ (Trusted Choice)
• Rollover Crash FAQ (iihs.org)
• Auto Insurance for Teen Drivers (Insurance Information Insitute)