Chevrolet Malibu LT Insurance Rates

The average insurance prices for a Chevrolet Malibu LT are $1,356 every 12 months for full coverage insurance. Comprehensive insurance costs around $326 a year, collision insurance costs $508, and liability coverage costs around $364. Liability-only coverage costs as low as $430 a year, and high-risk coverage costs $2,904 or more. Teenage drivers cost the most to insure at up to $4,948 a year.

Annual premium for full coverage: $1,356

Policy rates for individual coverage type:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Chevrolet Malibu Trim Level

These price differences illustrate why it is important for drivers to compare prices for a specific zip code and their own driving history, rather than using average rates.

Use the form below to get rates for your location.

Insurance prices for a Chevrolet Malibu LT also range considerably based on liability limits and deductibles, your risk profile, and the actual cash value of your Malibu.

Using high physical damage deductibles could cut rates by as much as $560 a year, while buying higher liability limits will increase rates. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $327 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay as much as $4,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying at least $1,600 to $2,200 additional every year, depending on your age. A high-risk auto insurance policy can be around 44% to 132% more than a normal policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Malibu LT insurance rates. A driver around age 40 might see rates as low as $1,180 a year in states like North Carolina, , and , or be forced to pay as much as $1,800 on average in Michigan, Montana, and California. Rates by state and city are shown later in the article.

Because rates have so much variability, the only way to figure out your exact price is to get quotes and see how they stack up. Each insurance company uses a different method to calculate rates, and rates will be varied.

View Chart as Image

The chart estimates Chevrolet Malibu LT insurance rates for various coverage choices and risks. The cheapest rate with discounts is $791. Drivers who use higher $1,000 deductibles will pay $1,166. The average rate for a driver age 40 with no violations using $500 deductibles is $1,356. Choosing low $100 deductibles for physical damage coverage could cost up to $1,722. Drivers with multiple violations and accidents could be charged around $2,904. The cost for full coverage for a 16-year-old driver can be as high as $4,948.

View Chart as Image