Save on 2016 Chevrolet Malibu Insurance Quotes

Shoppers have lots of choices when shopping for affordable Chevy Malibu insurance. They can either spend hours contacting agents getting price quotes or save time using the internet to get rate quotes.

There are more efficient ways to buy insurance coverage and we’ll show you the quickest way to get price quotes for a Chevy and locate the lowest price from both online companies and local agents.

The quickest way to compare policy rates is to take advantage of the fact most of the larger companies will pay a fee to compare their rates. The only thing you need to do is provide a little information like the ages of drivers, coverage limits, if you have a valid license, and if you’re married. That information is then submitted to multiple different insurance companies and you receive quotes instantly to find the best rate.

Drivers save money with these discounts

Insurance coverage is expensive, but you may be missing some discounts that you may not know about. Many of these discounts will be applied automatically when you purchase, but less common discounts must be requested specifically prior to receiving the credit.

• College Student – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not have a car can receive lower rates.
• ABS Braking Discount – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents and will save you 10% or more.
• Early Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you can avoid monthly service charges.
• Home Ownership Discount – Owning a house may trigger a policy discount on insurance coverage since home ownership is proof that your finances are in order.
• Sign Early and Save – Some larger companies provide a discount for buying a policy before your current expiration date. You may see this discount when you get car insurance quotes online.
• Telematics Data – Drivers who elect to allow data collection to track driving manner by using a telematics device such as Progressive’s Snapshot may see discounts if they are good drivers.
• Theft Deterent System – Cars and trucks that have factory anti-theft systems are stolen less frequently and earn discounts up to 10% off your car insurance quote.

A little note about advertised discounts, some credits don’t apply to the entire cost. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, it’s just not the way it works.

Popular insurance coverage companies and some of the premium reductions they offer are outlined below.

• Progressive may have discounts that include multi-vehicle, continuous coverage, online quote discount, multi-policy, and homeowner.
• Farmers Insurance includes discounts for distant student, business and professional, mature driver, electronic funds transfer, good student, multi-car, and early shopping.
• Farm Bureau offers discounts including safe driver, driver training, multi-vehicle, renewal discount, 55 and retired, multi-policy, and good student.
• State Farm policyholders can earn discounts including Steer Clear safe driver discount, good student, defensive driving training, good driver, and anti-theft.
• Geico may include discounts for five-year accident-free, multi-vehicle, multi-policy, military active duty, daytime running lights, and federal employee.
• SAFECO has savings for bundle discounts, teen safe driver, safe driver, multi-car, teen safety rewards, accident prevention training, and anti-theft.
• Liberty Mutual offers discounts for teen driver discount, multi-car, safety features, hybrid vehicle, newly retired, newly married, and new vehicle discount.

If you are trying to find affordable car insurance quotes, ask every company what discounts are available to you. Discounts may not be offered in your area. If you would like to view insurers that offer some of these discounts, click this link.

Special considerations

When it comes to buying the best insurance coverage coverage, there is no best way to insure your cars. Everyone’s situation is unique.

Here are some questions about coverages that may help you determine whether you might need professional guidance.

• Is motorclub coverage worth it?
• How much underlying liability do I need for an umbrella policy?
• When do I need to add a new car to my policy?
• Do I have coverage when using my vehicle for my home business?
• Should I waive the damage coverage when renting a car?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• What if I total my 2016 Chevy Malibu and owe more than it’s worth?
• Does my policy cover my teen driver if they drive my company car?
• Are my tools covered if they get stolen from my vehicle?
• Does coverage extend to my business vehicle?

If you can’t answer these questions, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form. It is quick, free and can help protect your family.

Insurance coverage options for a Chevy Malibu

Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Coverage for liability – Liability coverage protects you from damage or injury you incur to a person or their property by causing an accident. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as bail bonds, repair costs for stationary objects and emergency aid. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.

Collision coverage – This coverage covers damage to your Malibu resulting from colliding with another car or object. 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, colliding with another moving vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Insurance for medical payments – Med pay and PIP coverage kick in for bills for chiropractic care, X-ray expenses, dental work and nursing services. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle 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 2016 Chevy Malibu.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits are set the same as your liablity limits.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from getting keyed, theft, damage from a tornado or hurricane and a broken windshield. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Final thoughts

When searching for inexpensive car insurance quotes, never reduce coverage to reduce premium. In too many instances, consumers will sacrifice liability limits or collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to purchase plenty of coverage at the best price, but do not sacrifice coverage to save money.

Lower-priced insurance coverage can be purchased on the web in addition to local insurance agencies, so you need to shop car insurance with both to have the best selection. Some companies do not offer online rate quotes and many times these small insurance companies only sell through local independent agents.

Insureds who switch companies do it for a number of reasons such as policy non-renewal, lack of trust in their agent, an unsatisfactory settlement offer and delays in paying claims. Whatever your reason, finding a new company is not as hard as you think.

More learning opportunities

• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• How Much are Car Insurance Quotes for a Chevrolet Malibu in San Diego? (SanDiegoCoverage.com)
• What is Full Coverage? (Allstate)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)
• Booster Seat Ratings (iihs.org)
• Vehicle Insurance in the U.S. (Wikipedia)
• What is Covered by GAP Insurance? (Allstate)