10 Tricks to Pay Lower Chevy Malibu Insurance Premium

I can’t think of anyone who enjoys paying for car insurance, particularly when the cost is way too high. Many auto insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates to get the best price available.

Take discounts and save

Insurance can be prohibitively expensive, but companies offer discounts that you may not even be aware of. A few discounts will automatically apply when you quote, but some may not be applied and must be requested specifically before you will receive the discount. If you’re not getting every credit possible, you are throwing money away.

• New Car Discount – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
• Accident Forgiveness – Certain companies will forgive one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
• Organization Discounts – Belonging to certain professional organizations may earn a discount when shopping for car insurance for Malibu insurance.
• Military Discounts – Having a deployed family member could mean lower rates.
• More Vehicles More Savings – Buying insurance for multiple cars or trucks on one policy may reduce the rate for each vehicle.
• Discount for Swiching Early – Some insurance companies reward drivers for switching policies before your current policy expires. The savings is around 10%.
• Student in College – Kids in college who are attending college without a vehicle on campus can be insured at a reduced rate.
• Drivers Education – Require your teen driver to take driver’s ed class if offered at their school.
• Claim Free – Drivers with accident-free driving histories pay much less when compared with bad drivers.

Keep in mind that most of the big mark downs will not be given to all coverage premiums. A few only apply to the cost of specific coverages such as medical payments or collision. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky. But all discounts will help reduce your premiums.

To see a list of insurers offering car insurance discounts, click here to view.

How to Compare Car Insurance Costs

Finding cheaper car insurance prices can be relatively painless. All you need to do is take a couple of minutes comparing rate quotes from different insurance companies. This can be accomplished in a couple of different ways.

• The fastest way to find the lowest comparison rates would be an industry-wide quote request form like this one (opens in new window). This form eliminates the need for separate quotation requests for each company you want a rate for. One form submission will get you rate comparisons from many national carriers.
• A different way to compare prices requires a trip to the website for each individual company and fill out their own quote form. For example, we’ll assume you want comparison quotes from Liberty Mutual, Safeco and State Farm. To get each rate you have to visit each site and enter your information, which is why the first method is quicker. To view a list of companies in your area, click here.

However you get your quotes, make absolute certain that you use identical information for each comparison quote. If your comparisons have differing limits it will be next to impossible to find the best deal for your Chevy Malibu.

Cheaper insurance is a realistic goal

Affordable Chevy Malibu insurance can be sourced from both online companies as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. Some companies don’t offer you the ability to get quotes online and these small, regional companies work with independent agents.

As you restructure your insurance plan, don’t be tempted to skimp on coverage in order to save money. In too many instances, drivers have reduced liability limits or collision coverage only to regret at claim time that it was a big error on their part. The ultimate goal is to purchase a proper amount of coverage at the best price, not the least amount of coverage.