View 2015 Chevrolet Malibu Car Insurance Rates

Wish you could get a refund on high-priced insurance coverage? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out. Vehicle owners have many insurance companies to insure vehicles with, and even though it’s nice to have a selection, more choices can make it harder to find the lowest cost provider.

Consumers need to get comparison quotes quite often because insurance coverage prices trend upward over time. If you had the lowest rates on Malibu coverage six months ago other companies may now be cheaper. Block out anything you think you know about insurance coverage because I’m going to teach you the fastest way to save on insurance coverage.

How car insurance companies determine Chevy Malibu insurance rates

When buying insurance it’s important to understand some of the elements that come into play when calculating the level of your policy premiums. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that may result in big savings.

Listed below are some of the most common factors insurance companies consider when setting your rate level.

• Obey driving laws and save – How you drive can have a huge impact on auto insurance premiums. Drivers who don’t get tickets have lower premiums than bad drivers. Even a single speeding ticket can increase the cost of insurance to the point where it’s not affordable. Drivers who have gotten flagrant violations such as reckless driving, hit and run or driving under the influence may find that they have to to file a SR-22 with their state’s licensing department in order to continue driving.
• Pay more if you have a long commute – Residing in areas with lower population can be a good thing when it comes to insurance. Drivers who live in large cities regularly have congested traffic and longer commute times. Less people living in that area means less chance of accidents in addition to fewer liability claims.
• Small coverages can add up – Policies have additional coverages that can add up if you aren’t careful. Things like vanishing deductibles, better glass coverage, and motor club memberships may not be needed and are just wasting money. These may sound like a good investment at first, but if they’re wasting money get rid of them and save.
• Are you male or female? – Over the last 50 years, statistics have shown females are less aggressive when driving. That doesn’t necessarily mean that females are better at driving than males. Men and women cause auto accidents at a similar rate, but the male of the species cause more damage and cost insurance companies more money. Not only that, but men also get more serious tickets like DUI and reckless driving. Young males cause the most accidents so it costs more to insure them.
• More than one policy can earn a discount – The majority of insurance companies afford discounts for people who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to comparison shop to guarantee you are still saving the most. Consumers may save more without the discount by splitting coverages up.
• Save money with excellent credit – Having a bad credit history can be an important factor in determining what you pay. So if your credit rating is low, you could pay less to insure your 2015 Chevrolet Malibu by repairing your credit. Drivers with good credit tend to be better drivers and file fewer claims as compared to drivers with lower ratings.
• Safety first – Cars with five star safety ratings can get you lower premiums. Vehicles built for safety result in less severe injuries and lower rates of occupant injuries translates directly to fewer claims and cheaper rates on your policy.
• Marriage can save on insurance – Having a spouse can actually save you money on insurance. It may mean you are more stable financially and statistics show married drivers get in fewer accidents.

Cheap car insurance rates with discounts

Some insurance providers do not advertise every policy discount in a way that’s easy to find, so the list below gives a summary of both the well known and also the lesser-known car insurance savings.

• Low Mileage – Low mileage vehicles can earn slightly better premium rates than normal.
• Renewal Discounts – Some larger companies reward drivers for signing up before your current policy expires. You can save around 10% with this discount.
• Telematics Discount – Drivers who elect to allow data collection to study driving patterns by using a small device installed in their vehicle such as State Farm’s In-Drive may get a rate reduction if their driving habits are good.
• Driver Safety – Taking part in a class that teaches safe driver techniques could cut 5% off your bill if your company offers it.
• Professional Organizations – Affiliation with a civic or occupational organization could earn you a nice discount on your bill.
• Discount for Good Grades – Maintaining excellent grades can get you a discount of up to 25%. Many companies even apply the discount to college students up to age 25.
• Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to buckle up can save a little off the medical payments premium.
• ABS Brakes – Cars and trucks that have anti-lock braking systems are safer to drive so companies give up to a 10% discount.
• Discounts for Safe Drivers – Insureds who avoid accidents could pay up to 40% less on Malibu coverage than their less cautious counterparts.

You should keep in mind that many deductions do not apply to all coverage premiums. Most cut the cost of specific coverages such as comprehensive or collision. Despite the appearance that having all the discounts means you get insurance for free, car insurance companies aren’t that generous.

If you would like to choose from a list of car insurance companies with significant discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether you would benefit from an agent’s advice.

• How high should my medical payments coverage be?
• Exactly who is provided coverage by my policy?
• Does my policy cover me when driving someone else’s vehicle?
• Why do I only qualify for high-risk insurance?
• If my pet gets injured in an accident are they covered?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• If my 2015 Chevy Malibu is totaled, can I afford another vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Car insurance coverages for a 2015 Chevy Malibu

Understanding the coverages of auto insurance can be of help when determining appropriate coverage for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types available from auto insurance companies.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for expenses like dental work, chiropractic care, nursing services, rehabilitation expenses and X-ray expenses. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Uninsured and underinsured coverage – This provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Malibu.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.

Liability coverages – Liability insurance provides protection from damage that occurs to a person or their property in an accident. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as emergency aid, repair bills for other people’s vehicles, medical expenses, structural damage and medical services. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Comprehensive coverages – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, hitting a bird, rock chips in glass, hail damage and fire damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverages – Collision coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like scraping a guard rail, backing into a parked car, crashing into a building and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Quote more. Save more.

We covered many ways to compare 2015 Chevy Malibu insurance car insurance rates online. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers may even find the best price on auto insurance is with some of the lesser-known companies. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like Progressive and Geico.

When shopping online for auto insurance, don’t be tempted to reduce coverage to reduce premium. There have been many situations where someone sacrificed liability coverage limits only to find out that the small savings ended up costing them much more. The goal is to buy a smart amount of coverage for the lowest cost, but do not sacrifice coverage to save money.

There are still a few companies who don’t offer price quotes online and most of the time these small insurance companies provide coverage only through independent agencies. More affordable auto insurance can be found online in addition to many insurance agents, so you should compare both so you have a total pricing picture.

Additional information can be found at the links below

• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Understanding Limits and Deductibles (Allstate)
• Where can I buy Insurance? (Insurance Information Insitute)
• Safe Vehicles for Teens (iihs.org)
• What to do at the Scene of an Accident (Insurance Information Insitute)