2013 Chevrolet Malibu Insurance Cost – 8 Discounts for Best Prices

Finding better insurance prices for a new or used Chevy Malibu can be a lot of work, but you can follow these tips to find lower rates. There is a right way and a wrong way to shop for insurance coverage and we’ll show you the quickest way to get price quotes for a Chevy and locate the best price possible.

Compare insurance rate quotes

Getting a more affordable price on 2013 Chevy Malibu insurance isn’t really that difficult. Just take a couple of minutes comparing price quotes provided by online insurance companies. It’s super easy and can be done by using one of the methods below.

1. The easiest and least time consuming way to find low rates is a comparison rater form (click to open form in new window). This quick form eliminates the need for separate quote forms for each price estimate. Taking the time to complete one form gets you price quotes from insurance companies with the best prices. It’s definitely the quickest method.
2. A harder way to compare prices requires a trip to each individual company website and get a separate price quote. For sake of this example, we’ll pretend you want to compare prices for State Farm, Farmers and Progressive. You would be required to spend time going to each site individually and type in your information over and over, which is why most consumers use the first method.

   For a list of links to insurance companies in your area, click here.

3. The least recommended way to do your price quoting to and from local insurance agencies. Quoting and buying insurance online makes this process obsolete unless your situation requires the professional guidance that you can only get from talking to an agent. However, consumers can price shop your coverage online but buy from a local insurance agent.

Take whichever approach you prefer, but make sure you compare apples-to-apples information for every quote you compare. If you are comparing differing limits it will be nearly impossible to truly determine the lowest rate.

Auto insurance policy discounts

Insurance can be prohibitively expensive, but there could be significant discounts that could drop your premiums quite a bit. Certain discounts will be applied when you get a quote, but some discounts are required to be inquired about before being credited.

• Good Grades Discount – Excelling in school can save 20 to 25%. The discount lasts until age 25.
• Multi-Vehicle Discounts – Drivers who insure multiple cars or trucks with one company qualifies for this discount.
• Defensive Driving Course – Participating in a defensive driving course may get you a small discount and easily pay for the cost of the class.
• Theft Deterent – Cars equipped with tracking devices and advanced anti-theft systems can help prevent theft and that can save you a little bit as well.
• Life Insurance – Some companies give a lower rate if you buy life insurance from them.
• Passive Restraints – Factory air bags and/or automatic seat belt systems can receive discounts of 20% or more.
• ABS Braking Discount – Cars, trucks, and SUVs with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
• Switch and Save Discount – Some larger companies give discounts for switching to them before your current policy expires. This can save 10% or more.

Consumers should know that most credits do not apply to the entire cost. Most only cut the price of certain insurance coverages like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, auto insurance companies aren’t that generous. Any amount of discount will reduce your policy cost.

To see a list of insurers who offer auto insurance discounts, click this link.

How do I know if I need professional advice?

When buying the best car insurance coverage, there isn’t really a “perfect” insurance plan. Every situation is different.

For instance, these questions can help discover whether you will benefit from professional help.

• Does coverage extend to a rental car in a foreign country?
• Why am I required to buy liability insurance?
• Should I bundle my homeowners policy with my auto?
• When should my teen driver be added to my policy?
• What is high-risk coverage and where do I buy it?
• Do I need medical payments coverage since I have good health insurance?
• What is the difference between comprehensive and collision coverage?
• What is the rate difference between pleasure use and commuting?
• Do I have coverage when making deliveries for my home business?
• What can I do if my company denied a claim?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Detailed coverages of your auto insurance policy

Knowing the specifics of a auto insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP reimburse you for bills for EMT expenses, nursing services and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Collision coverages – Collision insurance pays for damage to your Malibu resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like damaging your car on a curb, crashing into a building, hitting a mailbox, backing into a parked car and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Coverage for liability – Liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against things such as medical expenses, repair bills for other people’s vehicles, medical services, structural damage and legal defense fees. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your 2013 Chevy Malibu.

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. This is the reason having UM/UIM coverage is a good idea.

Comprehensive insurance – This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a bird, hail damage and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Stretch your dollar

Consumers leave their current company for a variety of reasons including lack of trust in their agent, policy cancellation, delays in paying claims or an unsatisfactory settlement offer. Whatever your reason, finding a new company is easier than you think.

Budget-conscious 2013 Chevy Malibu insurance is definitely available on the web in addition to local insurance agencies, and you need to comparison shop both to get a complete price analysis. Some insurance companies don’t offer online quoting and many times these regional insurance providers only sell through local independent agents.

We just covered some good ideas how to shop for 2013 Chevy Malibu insurance online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding the cheapest insurance coverage. Drivers may discover the lowest prices are with a smaller regional carrier.

Other learning opportunities

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Safety Belts FAQ (iihs.org)
• Teen Driving and Texting (State Farm)
• Child Safety FAQ (iihs.org)
• Parking Tips to Reduce Door Dings (State Farm)