2016 Chevrolet Malibu Car Insurance Rates – 7 Tips to Save

Trying to find better auto insurance rates for your Chevrolet Malibu? Searching for the cheapest auto insurance on the web may be problematic for people who are new to buying insurance online. With such a large number of online companies available, how can drivers have a chance to compare every company to locate the best available rates?

If you currently have a car insurance policy, you should be able to reduce your rates substantially using this strategy. Shopping for more affordable insurance is easy if you know what you’re doing. Nevertheless, consumers need to learn the methods companies use to compete online and take advantage of how the system works.

How to reduce 2016 Chevy Malibu insurance rates

Companies that sell car insurance don’t list all their discounts in an easy-to-find place, so we researched both the well known and also the lesser-known savings tricks you should be using.

  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Auto/Home Discount – If you have multiple policies with the same insurance company you could get a discount of approximately 10% to 15%.
  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Student in College – Youth drivers who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can receive discounts of more than 20%.
  • Low Mileage – Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Student Driver Training – Have your child take driver’s ed class if it’s offered in school.

It’s important to understand that some of the credits will not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, you’re out of luck.

To see a list of insurers with discount car insurance rates, click this link.

Finding Auto Insurance

All major auto insurance companies like Allstate and Progressive give insurance quotes on the web. Obtaining pricing doesn’t take a lot of time as you just enter the amount of coverage you want as requested by the quote form. Upon sending the form, their system obtains your driving record and credit report and quotes a price determined by many factors.

This makes it a lot easier to compare rates but the time required to go to several different sites and complete many quote forms is repetitive and time-consuming. But it is imperative to have as many quotes as possible in order to get better auto insurance pricing.

There is an easier way!

The smarter way to find lower prices utilizes a single form that analyzes rates from a lot of companies. It saves time, helps eliminate reptitive entry, and makes online price comparison much easier. Immediately after you send the form, it is quoted with multiple companies and you can pick any one of the quotes that you receive. If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. This process takes 15 minutes at the most and you will know how your current rates stack up.

If you want to find out what other companies charge, click here to open in new window and begin entering your coverage information. If you have coverage now, it’s recommended you complete the form with deductibles and limits as close as possible to your current policy. Doing this guarantees you’re receiving comparison quotes using the same coverage and limits.

Tailor your coverage to you

When it comes to choosing coverage, there really is not a single plan that fits everyone. Each situation is unique.

For instance, these questions may help highlight if you would benefit from an agent’s advice.

  • Am I covered if I break a side mirror?
  • Should I bundle my homeowners policy with my auto?
  • Is motorclub coverage worth it?
  • What if I owe more than I can insure my car for?
  • Am I covered when pulling a rental trailer?
  • Can I make deliveries for my home business?
  • Does my insurance cover my expensive audio equipment?
  • How much liability coverage do I need in my state?
  • I have a DUI can I still get coverage?
  • When would I need additional glass coverage?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form.

Coverages available on your car insurance policy

Understanding the coverages of car insurance can help you determine the right coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and reading a policy is terribly boring.

Coverage for collisions

Collision coverage covers damage to your Malibu resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, colliding with another moving vehicle, backing into a parked car, scraping a guard rail and crashing into a ditch. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive coverages

This pays to fix your vehicle from 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 insurance covers claims such as hail damage, vandalism and theft. The maximum payout a car 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.

Uninsured and underinsured coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Liability coverages

Liability coverage provides protection from injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as bail bonds, repair costs for stationary objects, medical services, loss of income and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but consider buying as much as you can afford.

Coverage for medical payments

Med pay and PIP coverage provide coverage for immediate expenses like nursing services, prosthetic devices and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

In the end, you save

Drivers who switch companies do it for many reasons like unfair underwriting practices, extreme rates for teen drivers, not issuing a premium refund and even being labeled a high risk driver. No matter why you want to switch, switching companies is less work than it seems.

Throughout this article, we presented a lot of techniques to reduce 2016 Chevy Malibu insurance prices online. The key concept to understand is the more quotes you get, the higher the chance of saving money. Consumers could even find that the best price on insurance coverage is with some of the lesser-known companies.

Cheap insurance is attainable from both online companies as well as from independent agents, so compare prices from both in order to have the best price selection to choose from. A few companies don’t offer online quoting and many times these smaller companies only sell through independent insurance agents.

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