Who Has Cheap Insurance Quotes for a Chevrolet Malibu in California?

Our staff writers always rib each other than when writing about auto insurance, the word cheap shouldn’t be used anywhere in the article. Excuse the oxymoron, but cheap car insurance for a Chevrolet Malibu is pretty hard to find. But fear not, because we will show you how you can quote and buy coverage that is cheaper than your current policy.

Your chances of finding cheaper insurance for a Chevrolet Malibu in California depends upon a calculation that uses factors like if you own your home, your claims history, and the deductible amount you use. Drivers on average pay approximately $970 each year for Malibu insurance, but that policy rate is an estimation using rating data for a 50-year-old married male driver that purchased full coverage and $500 policy deductibles.

This brings up the issue that more than likely you are not 50 years old and maybe not even male, you might be single instead of married, or you just prefer to insure for liability only. Even a very minor difference in the criteria used to calculate rates can make a large difference in how much insurance for a Chevrolet Malibu costs.

Auto insurance is unique to every driver, so the most reliable way to find the cheapest insurance price for your Chevrolet is to comparison shop your policy at each renewal. It takes less than five minutes and you will get price quotes from some of the most affordable companies that offer coverage in California.

Cheapest Chevrolet Malibu Insurance Rates

The trim level of your Chevrolet will likely have an effect on the insurance rate, so the rate you will pay to insure a Malibu LS model will be $98 less than the price to insure the fancier Malibu LTZ trim level, as demonstrated by the prices below.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Estimates do not factor in specific garaging location which can alter coverage prices considerably.

Locating low-priced car insurance is not the easiest thing to do, and determining which companies have the best car insurance rates for a Chevrolet Malibu may require more quotes for comparison. Each auto insurance company uses their own method to determine rates, so let’s take a look at the car insurance companies that tend to be cheaper in California.

Find the Cheapest Auto Insurance for Your Malibu

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USAA may offer some of the most affordable car insurance rates in California at around $1,143 annually. Wawanesa, Century National, CSAA, and Nationwide also qualify as some of the cheapest California auto insurance companies.

As shown in the rates above, if you buy coverage from Century National and switched to USAA, you might see savings of about $35. Drivers with CSAA may save as much as $43 a year, and Nationwide policyholders might reduce prices by as much as $107 a year.

To find cheap insurance for a Chevrolet Malibu in California for your vehicle, click here to get a free quote or quote rates from the companies below.

Understand that those premium estimates are averaged for all insureds and vehicles and do not factor in a specific rate factor for a Chevrolet Malibu. So the insurer that is best for you may not even be featured in the list of companies above. That illustrates why you need to get auto insurance quotes using your own driver information and specific vehicle type.

How careless driving impacts car insurance rates

In a perfect world, the best way to maintain cheap insurance for a Chevrolet Malibu in California is to be an attentive driver and have a clean driving record. The illustration below illustrates how violations and at-fault claims can increase annual premium costs for each different age group. The rates are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.

In the prior example, the average cost of an auto insurance policy per year with no accidents or violations is $2,308. Get one speeding ticket and the average cost increases to $2,685, an increase of $377 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of car insurance for a Chevrolet Malibu increases to an average of $3,760. That’s an increase of $1,451, or $121 per month, just for not being more responsible behind the wheel!

Here’s why price comparisons are so important

California car insurance rates are impacted by many factors that will increase or decrease the cost of coverage. Simply turning a year older, moving across town, or getting into an accident can trigger changes in premium that can now make some companies more affordable than competitors.

Additionally, insurance companies modify pricing as often as every three months in order to be able to pay unexpected claims. Higher than usual claims may result in high rates, while a lower level of claims can result in lower-priced Malibu insurance rates.

For instance, the chart below shows which company has the cheapest car insurance in California for a 35-year-old male driver with no prior accidents, a clean driving record, and good financial standing. When comparing rates based on his current situation, USAA might offer the lowest car insurance rates in California at $1,109 each year. This is $542 less than the average premium paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide are the remainder of the best California auto insurance companies.

Now let’s give the driver in the first chart a couple of claims, slightly worse credit, and a few traffic violations. Because each company has a proprietary method to set policy rates, analyzing rate quotes could now result in a substantially altered list of cheap California auto insurance companies as shown below.

Grange now has the lowest car insurance rate in California with Progressive, GEICO, Allied, and Mercury also having competitive pricing. This example shows why California drivers need to perform a complete rate comparison when trying to find the most economical car insurance rates for a Chevrolet Malibu. Prices can be determined by many factors and can increase or decrease at any time, so the most economical option when you last compared rates may now be an over-priced policy.

How to find low-cost insurance for a Chevrolet Malibu

Below you’ll find a few thrifty ideas that can help drivers get cheaper car insurance.

• Be a safe driver
• Earn discounts for being claim-free
• Bundle car and home insurance and save money
• Avoid at-fault accidents and claims
• Safer vehicles cost less to insure
• Comparison shop at least every other year

The last item on the list is particularly significant, as was emphasized in the prior information. Prices in California fluctuate constantly, so don’t be afraid to switch to a new company if you can find a cheaper rate.

Many drivers tend to have loyalty to a certain company, but we do not recommend it if that inflexibility results in costing you big bucks every year. Take a few minutes and shop around to find cheaper insurance for a Chevrolet Malibu.