2000 Chevrolet Malibu Insurance Quotes

Want lower auto insurance rates for your Chevrolet Malibu? Are you confused by the number of auto insurance company choices? You’re not alone. Drivers have so many options available that it can quickly become a challenge to find the best price.

Car Insurance Quote Comparison

The are a couple different ways to compare rate quotes from different insurance companies. The fastest way to find the lowest 2000 Chevy Malibu rates consists of shopping online. This can be accomplished in several different ways.

  1. The first (and easiest) way to get quotes is to use a rate comparison form like this one (opens in new window). This easy form keeps you from doing boring form submissions to each individual car insurance company. A single form gets you price quotes direct from many companies. It’s definitely the quickest method.
  2. Another way to get quotes online is going to the website for each individual company and fill out their own quote form. For example, let’s say you want rates from Farmers, Esurance and State Farm. To get each rate you have to go to every website and enter your information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but make sure you use apples-to-apples coverage limits for every company. If you enter different deductibles then you won’t be able to find the best deal for your Chevy Malibu. Quoting even small variations in insurance coverages may result in large price differences. And when price shopping your coverage, obtaining a wide range of quotes will increase your chances of finding the best offered rates.

Factors determining your Chevy Malibu insurance premium

Smart consumers have a good feel for the different types of things that play a part in calculating your insurance rates. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that could result in better insurance rates.

  • Better credit scores mean better rates – Your credit history is a large factor in determining your rates. If your credit rating is not that good, you could be paying less to insure your 2000 Chevrolet Malibu by improving your credit score. Drivers who have excellent credit tend to be better drivers and file fewer claims as compared to drivers with lower credit scores.
  • Marriage pays dividends – Having a spouse can actually save you money on your insurance policy. Having a significant other translates into being more mature and responsible and statistics show married couples file fewer claims.
  • Never let your coverage lapse – Driving with no insurance is against the law and as a result your rates will increase for letting your coverage lapse. And not only will your rates increase, failure to provide proof of insurance can result in a revoked license or a big fine.
  • Frequent insurance claims increase rates – Car insurance companies provide lower rates to people who file claims infrequently. If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Traffic citations inflate rates – Your driving citation history impacts your car insurance rates tremendously. Just one ticket may increase your cost by twenty percent. Drivers with clean records have lower premiums compared to drivers with tickets. Drivers who have flagrant citations such as hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state DMV in order to keep their license.
  • Do you need the policy add-ons? – There are a lot of extra bells and whistles that you can buy on your insurance policy. Coverages like rental car reimbursement, towing coverage and term life insurance are some examples. These coverages may sound good when you first buy your policy, but if they’re wasting money get rid of them and save.

These discounts can lower your rates

Insurance can be prohibitively expensive, but there are discounts available that many people don’t even know exist. Certain discounts will be applied when you purchase, but less common discounts must be asked for before being credited.

  • Lower Rates for Military – Being on active duty in the military could be rewarded with lower premiums.
  • Drive Safe and Save – Safe drivers may save up to 50% more on Malibu insurance than drivers with accident claims.
  • Club Memberships – Participating in a civic or occupational organization could qualify you for a break when shopping for insurance on Malibu insurance.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.
  • Auto/Life Discount – Larger companies have better rates if you take out auto and life insurance together.
  • Claim Free – Claim-free drivers can save substantially as compared to bad drivers.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.

Keep in mind that most of the big mark downs will not be given the the whole policy. Most only apply to individual premiums such as collision or personal injury protection. So despite the fact that it appears having all the discounts means you get insurance for free, insurance companies aren’t that generous. Any amount of discount will cut your overall premium however.

Companies that may have these benefits include:

Double check with every prospective company which discounts you may be entitled to. Savings may not apply in every state.

Different people need different coverages

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

Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • Do I have coverage when pulling a U-Haul trailer?
  • Will filing a claim cost me more?
  • Do I really need UM/UIM coverage?
  • How many claims can I have before being cancelled?
  • How much can I save by bundling my policies?
  • Where can I find DUI or SR-22 insurance?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is pleasure use cheaper than using my 2000 Chevy Malibu to commute?
  • Should I buy more coverage than the required minimum liability coverage?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, complete this form.

Educate yourself about auto insurance coverages

Having a good grasp of a auto insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverage protection

This covers damage to your Malibu from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like damaging your car on a curb, driving through your garage door, crashing into a ditch and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for expenses for surgery, chiropractic care, funeral costs, EMT expenses and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Malibu.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Auto liability insurance

Liability coverage can cover damages or injuries you inflict on other’s property or people. It protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, 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 with no separate limits for injury or property damage.

Liability coverage protects against things such as legal defense fees, loss of income, structural damage and attorney fees. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Comprehensive auto coverage

This pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, hail damage, theft and hitting a deer. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

A penny earned…

Consumers leave their current company for a number of reasons such as an unsatisfactory settlement offer, policy non-renewal, being labeled a high risk driver or even lack of trust in their agent. Regardless of your reason, finding a new auto insurance company is actually quite simple.

In this article, we covered quite a bit of information on how to compare 2000 Chevy Malibu insurance prices online. The most important thing to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best prices are with a lesser-known regional company.

When shopping online for auto insurance, it’s a bad idea to reduce coverage to reduce premium. In many instances, drivers have reduced comprehensive coverage or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to buy a smart amount of coverage at an affordable rate while still protecting your assets.

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