Cheaper 2006 Chevrolet Malibu Maxx Car Insurance Rates

Want the cheapest insurance coverage rates for your Chevrolet Malibu Maxx? Comparison shopping for insurance coverage can seem to be difficult for consumers not familiar with comparing rates online. You have so many choices that it can be a real challenge to find the best price.

How to Compare Auto Insurance Rates

There are multiple methods you can shop for 2006 Chevy Malibu Maxx auto insurance and some are easier and takes less work. You could spend your day discussing policy coverages with local insurance agents in your area, or you could save time and use the web to maximize your effort.

The majority of car insurance companies enroll in a system that allows shoppers to enter their coverage request one time, and every company provides a quote based on the submitted data. This saves time by eliminating quote requests to each company.

To fill out one form to compare multiple rates now click to open in new window.

One minor caviat to doing it this way is you don’t know exactly the insurers to get quotes from. So if you prefer to choose specific insurance companies to compare rates, we put together a list of the cheapest auto insurance companies in your area. Click to view list.

However you get your quotes, make absolute certain that you use apples-to-apples coverage limits and deductibles for every quote you compare. If you have higher or lower deductibles it will be next to impossible to find the best deal for your Chevy Malibu Maxx. Having just a slight variation in limits can result in a big premium difference. Just remember that comparing a large number of companies provides better odds of finding lower pricing.

Auto insurance myths debunked

Progressive, Allstate and GEICO regularly use ads on television and other media. All the companies make the same claim of big savings if you move to them. How can each company make the same claim?

Different companies have a certain “appetite” for the type of driver they prefer to insure. For example, a profitable customer might be between the ages of 30 and 50, owns a home, and has a high credit rating. Any new insured that hits that “sweet spot” receives the best rates and is almost guaranteed to save a lot of money.

Drivers who fall outside these standards will be charged a more expensive rate and ends up with the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everybody who quotes” save that much. That’s the way companies can make those claims. That is why drivers should compare many company’s rates. It’s impossible to know which insurance companies will give you the biggest savings on Chevy Malibu Maxx insurance.

Factors influencing Chevy Malibu Maxx insurance rates

An important part of buying insurance is that you know the different types of things that come into play when calculating the price you pay for car insurance. Knowing what controls the rates you pay enables informed choices that can help you get big savings.

The list below includes some of the factors car insurance companies consider when setting your rates.

  • Bad driving skills means higher rates – Even one speeding ticket can bump up the cost by twenty percent. Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. If you have severe violations such as DUI or reckless driving may find they need to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
  • Lower deductibles cost more – Physical damage deductibles represent how much money you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply would be colliding with a building, damage from fire, or theft. The more you are required to pay out-of-pocket, the less your company will charge you for insurance on Malibu Maxx insurance.
  • Marriage brings a discount – Having a spouse actually saves money on car insurance. It usually means you are more mature and responsible and statistics show married drivers get in fewer accidents.
  • Consolidate policies to earn discounts – Most insurers will give a discount to insureds who have multiple policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to compare other company rates to make sure you are getting the best deal. You may still be able to find a better deal by insuring with multiple companies.
  • Where you reside plays a part – Residing in a rural area can save you money when insuring your vehicles. Drivers who live in large cities regularly have traffic congestion and much longer commute distances. Fewer drivers means a lower chance of having an accident and a lower car theft rate.
  • Extra coverages can waste money – There are a ton of extra coverages that you can buy on your Malibu Maxx policy. Coverages like personal injury protection, towing coverage and motor club memberships are some examples. They may seem good when you first buy your policy, but if you don’t need them get rid of them and save.
  • How your age affects price – Youthful drivers are statistically proven to be less responsible when behind the wheel so they pay higher car insurance rates. Older insureds tend to be more responsible, tend to file fewer claims and are safer drivers.

Discounts are available to cut your rates

Companies offering auto insurance do not advertise every available discount in an easy-to-find place, so we break down some of the best known as well as the least known discounts you could be receiving.

  • Discounts for Safe Drivers – Drivers who avoid accidents can pay as much as 50% less on Malibu Maxx insurance than less cautious drivers.
  • Senior Discount – Mature drivers may be able to get a small decrease in premiums on Malibu Maxx insurance.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • Defensive Driver – Taking a course teaching defensive driving skills could possibly earn you a 5% discount depending on where you live.
  • Student Driver Training – Cut your cost by having your teen driver complete a driver education course in high school.
  • Auto/Life Discount – Some companies give lower rates if you buy life insurance from them.
  • Accident Forgiveness – Some insurance companies will forgive one accident without raising rates if your claims history is clear for a particular time prior to the accident.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky.

To see a list of insurers with discount car insurance rates, click here to view.

Everyone needs different coverages

When it comes to buying the right insurance coverage, there isn’t really a cookie cutter policy. Every situation is different.

For instance, these questions might point out whether your personal situation will benefit from professional help.

  • Should I rate my 2006 Chevy Malibu Maxx as pleasure use or commute?
  • Does my policy cover my teen driver if they drive my company car?
  • Can I afford to buy a different vehicle if my 2006 Chevy Malibu Maxx is totaled?
  • How can I get my company to pay me more for my totalled car?
  • Is there coverage for injuries to my pets?
  • Am I covered when driving in Canada or Mexico?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form.

Insurance policy specifics

Understanding the coverages of a insurance policy can be of help when determining which coverages you need for your vehicles. Insurance terms can be ambiguous and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, damage from flooding, rock chips in glass and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverages

Liability coverage can cover injuries or damage you cause to a person or their property that is your fault. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different 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 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as legal defense fees, bail bonds, funeral expenses and medical services. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Collision protection

Collision insurance covers damage to your Malibu Maxx resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as driving through your garage door, damaging your car on a curb, scraping a guard rail, colliding with another moving vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for expenses for things like X-ray expenses, hospital visits and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Final considerations

Throughout this article, we presented quite a bit of information on how to shop for 2006 Chevy Malibu Maxx insurance online. The key concept to understand is the more rate quotes you have, the higher your chance of finding lower rates. Consumers may even find the biggest savings come from the least-expected company.

Drivers who switch companies do it for any number of reasons including lack of trust in their agent, an unsatisfactory settlement offer, policy cancellation or being labeled a high risk driver. No matter why you want to switch, finding a great new company is pretty simple and you could end up saving a buck or two.

Cost effective insurance can be purchased from both online companies as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

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