2014 Chevrolet Malibu Insurance Quotes – 9 Tips for Best Rates

Are you tired of trying to scrape together enough money to pay insurance coverage each month? Your situation is no different than the majority of other drivers.

Many insurers vie for your hard-earned dollar, and it can be difficult to compare rates to get the best rate

It’s important to do price comparisons once or twice a year because insurance prices change frequently. If you had the lowest rates on Malibu coverage at your last renewal there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about insurance coverage because you’re going to get a crash course in how to use the internet to save money, get proper coverage and the best rates.

The method we recommend to get policy rate comparisons is to realize most larger insurance companies provide online access to provide you with free rate quotes. All you need to do is provide a little information including an estimate of your credit level, how many miles driven, if you have an active license, and if you went to college. Your insurance information is automatically sent to multiple top-rated companies and they return cost estimate within a short period of time.

To check rates for your 2014 Chevy Malibu now, click here and find out if lower rates are available.

Auto insurance advertising gotchas

Popular auto insurance providers such as Geico, State Farm and Progressive endlessly run ads in print and on television. All the ads state the claim about saving some big amount if you switch to their company. But how can every company sell you cheaper insurance coverage? This is the trick they use.

Companies have specific criteria for a prospective insured that earns them a profit. An example of a profitable customer should be over the age of 40, has no claims, and has great credit. Anyone who fits those characteristics will get a cheap rate quote and will also save quite a bit of money when switching.

Consumers who don’t measure up to this stringent profile will probably be forced to pay a more expensive rate with the end result being business going elsewhere. The trick is to say “people that switch” not “everyone who quotes” save that much when switching. This is how insurance companies can make those claims.

This illustrates why you absolutely need to get a wide range of price quotes. It’s impossible to know which auto insurance company will provide the lowest premium rates.

Discount insurance rates

Some insurers don’t list every discount in a way that’s easy to find, so below is a list both the well known and also the lesser-known credits available to lower your premiums when you buy auto insurance online.

• Safe Driver Discount – Drivers who avoid accidents can pay as much as 50% less on Malibu coverage than drivers with accident claims.
• Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
• Fewer Miles Equal More Savings – Keeping the miles down on your Chevy can earn discounted premium rates on garaged vehicles.
• Drivers Ed for Students – Require your teen driver to enroll and complete driver’s education if offered at their school.
• Paperwork-free – A few larger companies may give you up to $50 shop auto insurance over the internet.
• Mature Driver Discount – Drivers that qualify as senior citizens can possibly qualify for lower premium rates on Malibu coverage.
• Buy New and Save – Insuring a new car may earn a small discount because new model year vehicles have to meet stringent safety requirements.
• Good Student Discount – Excelling in school may save you up to 25%. The good student discount can last until age 25.
• Service Members Pay Less – Having a deployed family member may lower your premium rates slightly.

Policy discounts save money, but some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though it sounds like it’s possible to get free car insurance, it just doesn’t work that way.

To see providers who offer free insurance quotes, click here to view.

Tailor your insurance coverage to you

When it comes to choosing proper insurance coverage, there is no “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out whether you might need professional guidance.

• Should I buy more coverage than the required minimum liability coverage?
• What is an SR-22 filing?
• Am I covered if I hit a deer?
• Will I lose any money if I cancel my policy before it expires?
• Is extra glass coverage worth it?
• I don’t drive much so do I pay less?
• What is medical payments coverage?
• How much underlying liability do I need for an umbrella policy?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Coverages available on your policy

Learning about specific coverages of auto insurance aids in choosing the best coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages offered by auto insurance companies.

Collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like crashing into a ditch, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Chevy Malibu.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive (Other than Collision)

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hitting a deer, a broken windshield, vandalism and damage from a tornado or hurricane. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like doctor visits, funeral costs, prosthetic devices and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Liability insurance

This coverage provides protection from damage or injury you incur to other’s property or people. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy 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 a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as legal defense fees, repair costs for stationary objects, bail bonds and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Buy Smart and Save

Some insurance providers may not have rate quotes online and many times these small insurance companies prefer to sell through local independent agents. Cheaper insurance is definitely available online in addition to local insurance agencies, and you should be comparing both to get a complete price analysis.

We just covered a lot of tips how to shop for 2014 Chevy Malibu insurance online. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding affordable auto insurance. Drivers may discover the best prices are with a smaller regional carrier. These smaller insurers may have significantly lower rates on certain market segments than the large multi-state companies such as Geico and State Farm.

When getting auto insurance quotes online, do not skimp on coverage in order to save money. There have been many cases where someone dropped uninsured motorist or liability limits and learned later they didn’t have enough coverage. The proper strategy is to find the BEST coverage at an affordable rate but still have enough coverage for asset protection.

Helpful articles

• All About Airbag Safety (State Farm)
• Property Damage Coverage (Liberty Mutual)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)