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

Your chances of finding the cheapest coverage for a Chevrolet Malibu in Idaho depends upon a calculation that uses factors such as how old the Malibu is, if you have a lapse in coverage, and the deductible amount you use. Drivers in Idaho pay approximately $700 per year for Malibu insurance, but that rate is a ballpark figure based on rate data for a 40-year-old married male driver that purchased full coverage including both comprehensive and collision and $100 deductibles.

There is a high likelihood that you are not exactly 40 years old and possibly not even male, you might be single instead of married, and you don’t want the same coverages and limits as the example. Not every driver requires the same auto insurance coverages, so your best shot at finding the cheapest coverage for your Chevrolet is to do your own rate comparisons. To start saving now, get free quotes and you will receive price comparisons from some of the best insurers that insure vehicles in Idaho.

Find Cheaper Chevrolet Malibu Insurance

Vehicle trim level will have an impact the yearly cost, so the price you will pay to insure a Malibu LS model will be $84 less than the price to insure the more well-appointed Malibu LTZ version, as demonstrated by the prices below.

Table data represents married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Idaho minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Rate quotes do not factor in specific Idaho garaging location which can change rates considerably.

Establishing which company offers the best car insurance rates for a Chevrolet Malibu will require more work in order to find the most economical policy. Each insurance company has their own formula to set premium rates, so let’s take a look at the car insurance companies that tend to have lower prices in Idaho.

We do need to point out that Idaho car insurance rates are influenced by many factors that control the price you have to pay. Getting older, adding a teenager to your policy, or getting a couple of tickets can cause premium changes resulting in some companies being cheaper than competitors.

Find the Cheapest Car Insurance for Your Malibu

Compare Rates Today

American National generally has some of the best car insurance rates in Idaho at around $244 a year. Farm Bureau of ID Group, USAA, Oregon Mutual, and American Family would also be considered some of the best Idaho insurance companies.

As shown in the table above, if you buy coverage from American Family and switched to Farm Bureau of ID Group, you might see yearly savings of roughly $171. Drivers with Travelers could save as much as $172 a year, and Auto-Owners insureds might reduce prices by as much as $184 a year.

Be aware that those rates are averaged for all drivers and vehicles and do not factor in a specific rate factor for a Chevrolet Malibu. So the auto insurance company that is best for you may not even be shown in the rate chart shown above. That underscores the importance of why you need to get auto insurance quotes using your own personalized driver profile and vehicle information.

How careless driving impacts Idaho car insurance rates

The easiest way to snag cheap car insurance prices in Idaho for a Malibu is to be a cautious driver and avoid tickets and accidents. The information below demonstrates how traffic citations and at-fault claims can impact auto insurance rates for each age group. The premiums assume a single female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

In the previous chart, the average cost of auto insurance in Idaho per year with a clean driving record and no accidents is $1,144. Receive two speeding tickets and the average cost hikes up to $1,521, an increase of $377 each year. Now add two accidents along with the two speeding tickets and the annual cost of car insurance for a Chevrolet Malibu goes up to an average of $3,074. That’s an increase of $1,930, or $161 per month, just for not being attentive to the road!

The benefits of price comparisons

Idaho car insurance rates are impacted by many factors that control the cost of a policy. Improving your credit rating, moving to a different location, or getting a few speeding tickets can cause premium changes resulting in some rates now being affordable when they were higher priced. In addition, insurance companies change rates every year or even multiple times each year in order to offset underwriting gains or losses. Significantly higher losses may cause a rate increase, while profitable underwriting can result in cheaper Malibu insurance rates.

The chart below shows rates for the cheapest car insurance in Idaho for a 30-year-old male driver with no violations or accidents, and good credit. If we estimate prices based on his current rating profile, American National quotes the cheapest car insurance rates in Idaho at $244 annually. This is $781 less than the average rate paid by Idaho drivers of $1,025. Farm Bureau of ID Group, USAA, Oregon Mutual, and Travelers also make the list of the cheapest Idaho auto insurance companies.

In the next rate comparison, we’ll give the driver from above an accident claim, slightly worse credit, and an imperfect driving record. Since every insurance provider uses their own method for establishing rates, analyzing rate quotes may now result in a completely different list of cheap Idaho auto insurance companies as shown below.

Auto-Owners now has the best auto insurance rate in Idaho with The Hartford, Farm Bureau of ID Group, State Farm, and USAA now rounding out the top five. This shows why it is crucial to compare as many rates as possible to find the lowest car insurance rates for a Chevrolet Malibu.

Insurance prices are impacted by many risk factors and can change without notice, so the best option when you last compared rates may now be an over-priced policy.

Best cheap Chevrolet Malibu insurance quotes

There are many different ways to buy car insurance in Idaho, but the three most common are from an independent agent, an exclusive insurance agent such as State Farm or Allstate, or from a direct company like Progressive.

You can use whichever method you prefer, but buyers should know the differences in how they provide price quotes.

Independent insurance agents can place your business with multiple companies and can quote your policy with each one. Agents of this type are able to provide you with more rates, which may give you a better comparison. If cheaper coverage is found, your policy can be moved which prevents you from having to switch agents.

Exclusive agents are ‘exlusive’ to a single insurance company, examples being an Allstate or Liberty Mutual agent. These agents are unable to give you multiple price quotes, so it’s a good idea to get additional price quotes.

Choosing to buy car insurance direct means you skip an independent or exclusive agent and instead shop from a direct company like Geico or Esurance. Buying car insurance direct may be good for families who do not need advice for risk management and know more than average about the limitations of their policy.

Out of those three methods, which one works best to buy cheap insurance for a Chevrolet Malibu in Idaho? It would be obvious to point out shopping direct saves the most money since there is no middleman, but unfortunately, that is not the case. It could also be said buying from an independent agent is the best way to go due to increased selection, but that is not necessarily true either. In many cases, exclusive agencies have extremely competitive rates that are the cheapest.

Since car insurance prices vary so much, the only true way to ensure you are not overpaying for car insurance is to get as many comparison quotes as possible. If you want to save money, get quotes from all three types to have enough rates to compare. For a list of companies with some of the cheapest Idaho car insurance rates, click here to view.

How to find the cheapest auto insurance for a Chevrolet Malibu

It is possible to find better rates, and here are some money-saving ideas that can help drivers locate the cheapest car insurance.

• Accident-free drivers may qualify for discounts
• Serious violations like DUI or careless driving can make car insurance unaffordable
• Higher deductibles save money
• Do not pay for full coverage if not needed
• Discounts for being claim-free can be substantial
• Shop around for cheaper prices

That final tip is very valuable, as we discussed in the prior article. Rates can be modified anytime, so drivers shouldn’t be reluctant to switch to a new company if you can save money. Sticking with a specific company is fine, but it’s not recommended if that stubbornness costs you potentially thousands of dollars a year. In just a few minutes you could shop around and find cheaper auto insurance for a Chevrolet Malibu.