Want better car insurance rates for your Chevrolet Malibu? Paying for high-priced Chevrolet Malibu insurance can drain your personal savings and make it impossible to make ends meet. Shopping your coverage around is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.
Big companies like State Farm, Farmers Insurance, GEICO and Allstate all claim big savings, bombarding you with advertising and consumers find it hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.
Consumers should take time to do rate comparisons periodically since rates change regularly. Just because you had the lowest rates on Malibu coverage a couple years back there may be better deals available now. Block out anything you think you know about car insurance because you’re about to find out the proper way to find the best coverage while lowering your premiums.
The most recommended method to compare car insurance company rates is to realize all the major auto insurance companies pay for the opportunity to compare their rates. The one thing you need to do is give them rating details such as your credit rating estimate, how your vehicles are used, if a SR-22 is required, and your education level. Your insurance information is instantly submitted to multiple auto insurance providers and they return rate quotes quickly.
To start a quote now, click here and enter the information requested.
Insuring your fleet can be pricey, but discounts can save money and there are some available that many people don’t even know exist. Some discounts apply automatically at the time you complete a quote, but some may not be applied and must be inquired about prior to getting the savings.
It’s important to note that some credits don’t apply to your bottom line cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, you won’t be that lucky. But all discounts will help reduce the cost of coverage.
To see a list of companies offering car insurance discounts, follow this link.
When buying adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. For example, these questions may help you determine whether you might need professional guidance.
If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.
Learning about specific coverages of insurance can help you determine the right coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages found on the average insurance policy.
Uninsured and underinsured coverage
This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Chevy Malibu.
Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits do not exceed the liability coverage limits.
This provides protection from injuries or damage you cause to a person or their property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against claims such as structural damage, medical expenses, attorney fees and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.
This coverage pays for damage to your Malibu resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims such as crashing into a building, sideswiping another vehicle, rolling your car, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.
Coverage for medical payments
Medical payments and Personal Injury Protection insurance pay for bills for things like hospital visits, dental work and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as vandalism, hail damage and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.