1998 Chevrolet Malibu Car Insurance Quotes – 7 Policy Discounts

Want lower auto insurance rates for your Chevrolet Malibu? Overwhelmed by the wide range of auto insurance choices? Many other drivers are as well. People have so many companies to choose from that it can turn into a big hassle to find lower rates.

It’s a great practice to shop coverage around periodically since rates tend to go up over time. If you had the best deal on Malibu coverage on your last policy a different company probably has better rates today. Block out anything you think you know about auto insurance because we’re going to demonstrate how to quote online to buy cheaper auto insurance.

Compare Insurance Today

There are a lot of ways to compare insurance quotes, but one way is easier and takes less work. You can waste hours talking about coverages with local insurance agents in your area, or you can stay home and use online quoting to get the quickest rates.

Most car insurance companies are enrolled in a marketplace where prospective buyers send in one quote, and every company returns a rated price. This prevents consumers from doing quote requests to each company.

To access this free quoting program, click here (opens in new window).

The one disadvantage to doing it this way is you cannot specify the insurers you will receive quotes from. If you wish to select specific insurance companies for rate comparison, we have a page of low cost insurance companies in your area. Click to view list.

Which method you use is up to you, but make absolute certain that you use apples-to-apples coverages for each price quote. If each company quotes different values for each quote it’s impossible to determine which rate is truly the best. Quoting even small variations in coverage limits can make a big difference in price. Keep in mind that obtaining a wide range of quotes will enable you to find the best offered rates.

Discounts can save BIG

Companies offering auto insurance don’t list every available discount in a way that’s easy to find, so the following is a list of some of the more common and the more hidden savings tricks you should be using.

  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course in school.
  • E-sign – Some insurance companies will give a small break for buying your policy online.
  • No Charge for an Accident – A few companies will allow you to have one accident before raising your premiums if you are claim-free for a set time period.
  • Low Mileage – Keeping the miles down on your Chevy can qualify you for better rates on cars that stay parked.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.
  • Driver Safety – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates you can get free auto insurance, you’re out of luck.

Car insurance companies that may have these money-saving discounts include:

Double check with each company what discounts are available to you. Savings may not be available everywhere.

Will just any policy work for me?

When it comes to choosing coverage, there really is not a cookie cutter policy. Each situation is unique.

Here are some questions about coverages that can aid in determining if your situation might need an agent’s assistance.

  • Do all my vehicles need collision coverage?
  • Is a fancy paint job covered?
  • What is high-risk coverage and where do I buy it?
  • How much can I save by bundling my policies?
  • Is my state a no-fault state?
  • Do I have any recourse if my insurance company denies a claim?
  • Should I carry comprehensive and collision coverage?
  • Why am I required to buy liability insurance?
  • Is my teenager covered with friends in the car?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form.

Auto insurance coverage information

Learning about specific coverages of your insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your 1998 Chevy Malibu.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision – Collision coverage will pay to fix damage to your Malibu from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as colliding with a tree, colliding with another moving vehicle, hitting a mailbox, damaging your car on a curb and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive insurance – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a broken windshield, vandalism, damage from getting keyed, damage from a tornado or hurricane and hail damage. The most your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability – This coverage provides protection from damage or injury you incur to other’s property or people. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like loss of income, medical expenses, attorney fees and court costs. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses like EMT expenses, X-ray expenses, chiropractic care, dental work and ambulance fees. They are often used to fill the gap from your health insurance program or if you do not have health coverage. They cover you and your occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Shop Smart and Save

In this article, we covered a lot of techniques to reduce 1998 Chevy Malibu insurance prices online. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the best price on insurance is with an unexpected company.

Consumers leave their current company for any number of reasons including policy cancellation, delays in paying claims, delays in responding to claim requests and policy non-renewal. Whatever your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

When buying insurance coverage, it’s not a good idea to buy poor coverage just to save money. There are too many instances where drivers have reduced uninsured motorist or liability limits only to regret at claim time that the few dollars in savings costed them thousands. Your aim should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.

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