Compare 2017 Chevrolet Malibu Hybrid Insurance Rates in 2024

Looking for cheaper insurance coverage rates for your Chevrolet Malibu Hybrid? Nobody that owns a car rejoices having to buy insurance coverage, especially when they know their premiums are through the roof.

Due to the increasing number of different company options, it can be challenging to pick a more affordable insurance coverage company.

How do insurance providers determine Chevy Malibu Hybrid insurance prices?

When buying insurance it’s important to understand some of the factors that play a part in calculating insurance rates. When you know what positively or negatively controls the rates you pay, this enables informed choices that may result in much lower annual insurance costs. Lots of things are considered when pricing auto insurance. Some of the criteria are obvious like your driving record, but other factors are not as apparent like your continuous coverage or your commute time.

Shown below are just a few of the factors utilized by car insurance companies to help set prices.

• Single drivers take more risk – Getting married may cut your premiums on your policy. Having a significant other generally demonstrates drivers are more responsible and it’s statistically proven that drivers who are married are more cautious.
• Insurance companies don’t like frequent claims – Insurance companies award the best rates to policyholders who file claims infrequently. If you file claims often, you can look forward to increased rates or even have your policy non-renewed. Your car insurance is intended to be relied upon for more catestrophic claims.
• Save by driving safer vehicles – Vehicles that have high safety ratings tend to have better insurance rates. Vehicles built for safety reduce occupant injuries and better occupant protection means lower claim amounts passed on to you as lower rates. If your Chevy is rated at least four stars on Safercar.gov it may be receiving lower rates.
• Driving citations hurt – Even a single speeding ticket may cause rates to rise by as much as twenty percent. Attentive drivers get better rates compared to drivers with tickets. People who have license-revoking violations like DWI, reckless driving or hit and run convictions may find that they have to to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to keep their license.
• Rates and your address – Being located in a small town has definite advantages when talking about insurance. City drivers tend to have congested traffic and higher rates of accident claims. Fewer drivers means fewer accidents in addition to fewer liability claims.
• Men pay higher rates – The statistics show females are less aggressive when driving. However, don’t assume that women are BETTER drivers than men. Both genders cause at-fault accidents in similar numbers, but the men get into accidents with more damage. In addition to higher claims, males also get cited for more serious violations like reckless driving and DUI.

Use discounts to get cheaper insurance quotes

Car insurance companies do not list the complete list of policy discounts very clearly, so the following is a list of a few of the more well known as well as some of the hidden discounts you could be receiving when you buy auto insurance online. If you do not check that you are getting every discount available, you are throwing money away.

• Resident Student – Kids who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may be insured at a cheaper rate.
• Savings for New Vehicles – Buying a new car model can get you a discount because new model year vehicles have to meet stringent safety requirements.
• Organization Discounts – Joining qualifying employment or professional organizations could earn you a nice discount when shopping for insurance.
• Save over 55 – If you qualify as a senior citizen, you may qualify for a small decrease in premiums for Malibu Hybrid coverage.
• Theft Deterrent System – Vehicles that have factory alarm systems and tracking devices help deter theft and earn discounts up to 10% off your auto insurance quote.
• Telematics Data Discounts – Insureds that choose to allow companies to look at where and when they drive by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks if they have good driving habits.

Just know that most discounts do not apply to the whole policy. The majority will only reduce specific coverage prices like comp or med pay. So when the math indicates it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Popular insurance companies and some of the discounts are shown below.

• Progressive may offer discounts for online signing, homeowner, multi-vehicle, continuous coverage, and multi-policy.
• MetLife policyholders can earn discounts including claim-free, multi-policy, defensive driver, accident-free, good student, good driver
• Mercury Insurance may include discounts for location of vehicle, age of vehicle, annual mileage, accident-free, ease of repair, type of vehicle, and good driver.
• Nationwide discounts include business or organization, multi-policy, family plan, accident-free, Farm Bureau membership, and easy pay.
• GEICO has savings for military active duty, anti-lock brakes, emergency military deployment, membership and employees, multi-policy, and driver training.
• AAA includes discounts for anti-theft, multi-car, good student, AAA membership discount, pay-in-full, good driver, and education and occupation.

When getting free auto insurance quotes, it’s a good idea to all the companies to give you their best rates. Some credits may not be offered in your area. If you would like to view insurance companies who offer free insurance quotes, enter your zip code here.

Tailor your auto insurance coverage to you

When choosing proper insurance coverage, there really is not a “perfect” insurance plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that may help highlight if your situation would benefit from an agent’s advice.

• Should I buy full coverage?
• Will my insurance pay for OEM parts?
• Why am I required to buy liability insurance?
• What if I owe more than I can insure my car for?
• Do I need an umbrella policy?
• Does coverage extend to Mexico or Canada?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete your zip code.

Car insurance coverage information

Understanding the coverages of car insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages found on most car insurance policies.

Auto liability

Liability insurance protects you from damage that occurs to other’s property or people. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability can pay for things like court costs, medical services and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but consider buying as high a limit as you can afford.

Collision coverage protection

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like sustaining damage from a pot hole, backing into a parked car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage

This coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for bills such as chiropractic care, surgery, dental work and X-ray expenses. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverages

Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hail damage, hitting a deer, theft, fire damage and hitting a bird. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

In any little way, save everyday

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. In many cases, someone sacrificed comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. The aim is to find the BEST coverage at the best price.

Cheaper 2017 Chevy Malibu Hybrid insurance can be found online and from local agencies, and you need to price shop both in order to have the best price selection to choose from. Some insurance providers do not provide online price quotes and many times these small insurance companies only sell coverage through independent insurance agents.