Who Has Cheap Insurance for a Chevrolet Malibu in Utah?

The chances of finding affordable car insurance for a Chevrolet Malibu in Utah depends upon many rating criteria like whether you are a homeower, the likelihood of vehicle theft, and the level of deductible you choose. Utah drivers pay on average $580 each year to insure a Chevrolet Malibu, but that price is based on cost data for a 50-year-old married female that includes both comprehensive and collision coverage and $500 deductibles.

There is a good possibility you are not 50 and maybe not even a female, maybe you are single instead of married, or maybe you don’t qualify for the same discounts. Just a minor change in input factors can cause big differences in the policy cost.

Not every driver requires the same auto insurance coverages, so the best way to find the most affordable coverage for your Chevrolet is to shop your policy around every couple of years.

View Chevrolet Malibu Insurance Rates

Vehicle trim level will likely have an effect on price, so the price you will pay to insure a Malibu LS model will be $56 less expensive the cost to insure the more expensive Malibu LTZ trim level, as shown in the chart below.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Utah minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price estimates do not factor in garaging location in Utah which can raise or lower prices noticeably.

Finding a high-quality company can be rather challenging considering how many choices there are in Utah. The company ratings in the lists below can help you choose which coverage providers you want to consider when comparing rate quotes. The rankings below only include companies with a national presence, so companies that have a smaller presence are not taken into consideration for the list.

Top 10 Large Auto Insurance Companies in Utah Ranked by A.M. Best Rating

1. USAA – A++
2. GEICO – A++
3. Travelers – A++
4. State Farm – A++
5. The Hartford – A+
6. Esurance – A+
7. Progressive – A+
8. Allstate – A+
9. Nationwide – A+
10. The General – A-

Top 10 Large Auto Insurance Companies in Utah Ranked by Customer Satisfaction

1. USAA – 94%
2. AAA Insurance – 91%
3. Nationwide – 90%
4. State Farm – 90%
5. GEICO – 89%
6. The Hartford – 89%
7. The General – 88%
8. Allstate – 88%
9. 21st Century – 88%
10. Liberty Mutual – 88%

Top Companies for Chevrolet Malibu Insurance in Utah

The illustration below highlights how deductible selection can influence yearly insurance costs when researching cheap insurance for a Chevrolet Malibu. Data assumes a married male driver, comp and collision included, and no policy discounts are applied.

A 50-year-old driver could reduce rates by $226 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $338 by choosing a $1,000 deductible. Young drivers, like the age 20 example, could shave as much as $746 or more just by using higher deductibles. When insureds make the decision to increase the deductibles on their policy, it will be important to have plenty of discretionary funds to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

Full coverage rates vs. liability-only

Finding cheap insurance for a Chevrolet Malibu in Utah is the goal of most people, and one great way to buy cheap insurance is to buy only liability coverage. The example below visualizes the comparison of insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no other discounts are factored in.

As an average, full coverage on your policy costs an extra $1,499 per year over liability only. At some point, about every driver wonders if it’s a good idea to buy full coverage. There is no set rule of when to stop paying for full coverage, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then it might be time to buy liability only.

There are some cases where removing full coverage is not a good plan. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not remove full coverage.

How to find cheap insurance for a Chevrolet Malibu in Utah

The list below summarizes many thrifty solutions that can help drivers quote cheaper auto insurance.

• Buy vehicles with good safety ratings
• Frequent claims may make car insurance unaffordable
• Multi-policy discounts save money
• Raise deductibles
• Don’t waste money on full coverage for older vehicles
• Drivers with good credit ratings often pay less
• Look for cheaper rates once a year by shopping around

The last idea is extraordinarily vital, as was discussed in the prior information. Prices charged by companies in Utah can change considerably based on profitability, so drivers shouldn’t be resistant to switch carriers if a more affordable rate is found. Being loyal to a particular company is commendable, but it’s not a good idea if that devotedness results in you overpaying a wad of cash every year. Now is a great time to compare prices and find cheaper insurance for a Chevrolet Malibu.

State Farm, Progressive, Geico, and Allstate: Who is best?

If you want reliable insurance for a Malibu, the four most popular companies are State Farm, Progressive, Geico, and Allstate. When added together, they insure over 48% of all policies written in the United States. Each one has slightly different coverages and options that policyholders can choose from. The table below compares and contrasts ratings for price, service, and claims, in additional to some of the optional coverages that are available for buyers.