Best Cheap Insurance for a Chevrolet Malibu in Delaware

When writing about shopping for auto insurance, the words “cheap” or “affordable” should never appear anywhere in the article to describe car insurance rates. Notwithstanding, cheap auto insurance for a Chevrolet Malibu is not always easy to find. Don’t get your dauber down, because we are going to tell you how you can still get insurance that is easier on your budget.

Buying cheaper coverage for a Chevrolet Malibu in Delaware is contingent on lots of different factors such as if you have purchased a home, if you have ever let your coverage lapse, and deductible levels for physical damage coverage. Delaware drivers pay an average of $910 every 12 months for Malibu insurance, but that is based on cost data for a 50-year-old single female driver who purchased comprehensive and collision coverage and $1,000 policy deductibles.

When estimating a car insurance rate like we just did, the issue is that you are not 50 and maybe not even a female, possibly married instead of single, and you need different coverage limits than the sample rates. What seems to be a small difference in the criteria used to calculate rates can produce large changes in the rate quoted for a Chevrolet Malibu.

Not every driver requires the same auto insurance coverages, so your best chance at finding the cheapest coverage for your Chevrolet is to comparison shop your policy at each renewal. Price quotes are quick and you can get prices from some of the best insurers that sell coverage in Delaware.

Insure Your Chevrolet for Less

The trim level of your Chevrolet tends to impact the cost of coverage, so the price you will be charged to insure a Malibu LS trim level will be $80 less than the cost to insure the fancier Malibu LTZ trim level, as shown in the table below.

Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Delaware minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Rates do not factor in vehicle location which can modify coverage rates substantially.

Ending up with the best car insurance provider is hard considering how many different companies there are to choose from in Delaware. The ranking information shown below may help you select which companies to look at purchasing a policy from.

The rankings below only include the largest companies in America, so companies that focus mainly on Delaware business are not factored into the list. To compare rates from these and other competitive companies, click this link.

Full coverage rates vs. liability-only

Finding the best cheap insurance for a Chevrolet Malibu in Delaware is important to the majority of vehicle owners, and one great way to find cheap insurance is to only pay for liability coverage. The chart below shows the difference between insurance premiums when comparing full coverage to liability only. The data assumes a clean driving record, no at-fault accidents, $100 deductibles, drivers are single, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $100 Deductibles’, ‘Liability Only’],[‘Age 20’, 4731,1435],[‘Age 30’, 2443,787],[‘Age 40’, 2427,729],[‘Age 50’, 2203,681],[‘Age 60’, 2129,671],[‘Age 70’, 2581,897]]);var options = {title: ‘Full Coverage and Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Malibu in Delaware’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an average for all age groups, physical damage coverage costs $2,752 per year more than buying just liability insurance. Many of you may wonder if paying for full coverage is worth it. There isn’t a steadfast formula to eliminate physical damage insurance, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

The example below shows how choosing a deductible can impact insurance premiums when getting quotes for cheap insurance for a Chevrolet Malibu. The information is based on a married female driver, full coverage, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3099,2839,2535,2245],[‘Age 30’, 2179,1989,1763,1549],[‘Age 40’, 2145,1959,1745,1541],[‘Age 50’, 1883,1723,1539,1361],[‘Age 60’, 1795,1643,1465,1295],[‘Age 70’, 1917,1755,1571,1399]]);var options = {title: ‘Effect of Deductibles on Chevrolet Malibu Insurance Rates in Delaware’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Malibu’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

A 30-year-old driver could lower rates by $400 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $604 by selecting a $1,000 deductible. Young drivers, like the age 20 example, could drop their prices as much as $854 or even more by using higher deductibles when buying full coverage. When choosing a higher deductible, it will be required to have additional funds in a savings account to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Cheapest car insurance: Progressive, Geico, Allstate, or State Farm

When researching insurance for a Malibu in Delaware, some of the first companies to look at are Progressive, Geico, Allstate, and State Farm. Combined they have almost half of all auto insurance policies in force. The table below compares and contrasts ratings for price and service, as well as some optional coverages that may be available in Delaware.