Save on 2008 Chevrolet Malibu Hybrid Insurance Quotes

Want lower auto insurance rates for your Chevrolet Malibu Hybrid? Do you get overwhelmed by the crazy number of auto insurance sources in your area? You have so many sources available that it can really be a burden to lower your premium rates.

The purpose of this article is to tell you how to effectively get price quotes. If you are paying for car insurance now, you will most likely be able to cut costs considerably using this strategy. But car owners must learn how insurance companies compete online.

Compare auto insurance rate quotes

There are a variety of methods to shop for auto insurance, but there is one way that is more efficient than others. You could waste a few hours talking to local insurance agents in your area, or you can utilize online quotes to maximize your effort.

The majority of car insurance companies belong to a marketplace that enables customers to submit one quote, and every company then returns a price quote based on that information. This system prevents you from having to do quote requests to each company.

To compare pricing click here to open in new window.

The only downside to comparing rates this way is you are unable to specify which providers you want to price. If you would rather choose specific providers to compare, we have assembled a list of auto insurance companies in your area. Click to view list.

It doesn’t matter which method you choose, just try to use equivalent coverages on every quote. If you use mixed coverages you will not be able to determine which rate is truly the best. Just slight variations in insurance coverages can make a big difference in price. And when comparing auto insurance rates, know that having more price comparisons helps improve the odds of finding more affordable insurance. Some insurance companies are not set up to provide price estimates online, so it’s necessary to compare price quotes from them, too.

But they said I’d save $431 a year!

Big name companies like Progressive, Geico, Allstate and State Farm consistently run television and radio advertisements. They all seem to seem to make the promise of big savings if you switch your car insurance policy to them. How can each company say the same thing? It’s all in how they say it.

Many companies quote their cheapest rates for the type of driver that will be a good risk. For instance, a driver they prefer might have to be between the ages of 30 and 50, carries full coverage, and chooses high deductibles. Any person that hits that “sweet spot” receives the best prices and therefore will save quite a bit of money when switching.

Insureds who are not a match for the “perfect” profile must pay a higher rate which translates to the customer buying from someone else. The wording the ads use say “people that switch” not “everyone who quotes” save that much. That is how companies can truthfully make claims like that.

This illustrates why you really should quote coverage with many companies. It’s impossible to know which insurance companies will have the lowest rate quotes.

Affordable insurance coverage rates with discounts

Companies offering auto insurance do not list their entire list of discounts in a way that’s easy to find, so the list below gives a summary of both the well known as well as some of the hidden credits available to you.

• Paperwork-free – Some of the larger companies may give you up to $50 get insurance digitally online.
• Memberships – Affiliation with specific professional or occupational memberships or organizations may earn a discount on your bill.
• Drive Safe and Save – Insureds who avoid accidents can save up to 40% or more on their insurance quote for Malibu Hybrid coverage compared to rates paid by drivers with frequent claims.
• Save over 55 – Seniors can get a slight reduction on a insurance quote for Malibu Hybrid coverage.
• Buy New and Save – Buying a new car model can be considerably cheaper due to better safety requirements for newer vehicles.
• Payment Discounts – If you pay your entire premium ahead of time as opposed to paying monthly you can actually save on your bill.
• Passive Restraints and Air Bags – Factory options such as air bags and/or automatic seat belt systems could see savings up to 30%.
• Driver Training Discounts – Participating in a defensive driver course could cut 5% off your bill if you qualify.
• Federal Government Employee – Active or former government employment could provide a small rate reduction for Malibu Hybrid coverage with select insurance companies.

Just know that some credits don’t apply the the whole policy. Most only apply to specific coverage prices like comprehensive or collision. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way.

For a list of insurers who offer online insurance coverage quotes, click here to view.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there really is no best way to insure your cars. Everyone’s situation is unique.

For instance, these questions might help in determining whether you would benefit from an agent’s advice.

• Is other people’s property covered if stolen from my vehicle?
• How many claims can I have before being cancelled?
• How much liability do I need to cover my assets?
• Am I getting all the discounts available?
• Do I pay less for low miles?
• Does coverage extend to a rental car in a foreign country?
• Does coverage extend to Mexico or Canada?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form.

Auto insurance 101

Learning about specific coverages of auto insurance can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like dental work, surgery and funeral costs. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and also any damage incurred to your 2008 Chevy Malibu Hybrid.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally the UM/UIM limits do not exceed the liability coverage limits.

Collision coverage – This coverage covers damage to your Malibu Hybrid resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as scraping a guard rail, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Liability insurance – This coverage will cover damage or injury you incur to other people or property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability 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 a limit of $50,000 paid for damaged property. Another option is a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against claims such as pain and suffering, legal defense fees, funeral expenses and medical services. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Comprehensive auto insurance – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from flooding, a tree branch falling on your vehicle and theft. 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 removing comprehensive coverage.

A penny earned…

As you quote insurance, make sure you don’t reduce needed coverages to save money. In many cases, someone dropped uninsured motorist or liability limits only to find out that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.

Affordable 2008 Chevy Malibu Hybrid insurance can be found from both online companies as well as from insurance agents, so you should be comparing quotes from both to have the best rate selection. There are still a few companies who do not offer online price quotes and many times these regional carriers work with local independent agencies.

In this article, we presented some good ideas how you can save on 2008 Chevy Malibu Hybrid insurance. The most important thing to understand is the more quotes you get, the better your chances of lowering your car insurance rates. Consumers may even find the lowest rates come from some of the lesser-known companies.

Additional resources

• Side Impact Crash Tests (iihs.org)
• Information for Teen Drivers (Geico)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Understanding your Policy (NAIC.org)
• Choosing an Insurance Company (Insurance Information Insitute)
• Senior Drivers (Insurance Information Insitute)