When writing about shopping for auto insurance, the words “cheap” or “affordable” should never be used anywhere in the article to describe car insurance rates. It’s just a fact that cheap auto insurance for a Chevrolet Malibu can seem impossible to find. Don’t let that ruin your day, because we will teach you how you can find insurance that you can fit into your budget.
The odds of finding the cheapest insurance for a Chevrolet Malibu in Arizona relies on lots of different rating factors like whether you are single or married, your credit score, and if you have any chargeable driving offenses. Drivers in Arizona on average pay approximately $820 per year to buy insurance for a Chevrolet Malibu, but that rate is based on cost data for a 50-year-old married male driver that has full comprehensive and collision coverage and $100 physical damage deductibles.
The problem with using this number is the good chance you’re not a 50-year-old male, possibly single instead of married, or maybe you’ve had an at-fault accident or two. Having different needs demonstrates why your best shot at finding the cheapest rates for your Chevrolet is to do your own rate comparisons.
Cheapest Chevrolet Malibu Insurance Rates
Your vehicle’s trim level will influence price, so the rate you pay to insure a Malibu LS trim level will be $96 less expensive the cost to insure the more well-appointed Malibu LTZ trim level, as shown in the prices below.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Malibu LS | $202 | $396 | $288 | $18 | $86 | $990 | $83 |
Malibu Hybrid | $202 | $396 | $288 | $18 | $86 | $990 | $83 |
Malibu LT | $228 | $396 | $288 | $18 | $86 | $1,016 | $85 |
Malibu LTZ | $228 | $466 | $288 | $18 | $86 | $1,086 | $91 |
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Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Premium costs do not factor in specific zip code location which can increase or decrease auto insurance rates greatly.
Choosing a high-quality car insurance company can be difficult considering how many choices drivers have in Arizona. The information shown next could help you analyze which car insurance providers you want to consider when looking for cheaper rates. These rankings are only made up of the largest companies in America, so smaller companies are not included in the list.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
American Family | 98 | 89 | 100 | 86% | A | 95.4 |
State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
The General | 89 | 91 | 89 | 88% | A- | 90 |
Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
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Data Source: Insure.com Best Car Insurance Companies
The obvious way to maintain the most affordable auto insurance premiums in Arizona for a Malibu is to pay attention while driving and avoid getting tickets or having accidents. The information below shows how violations and accidents impact insurance prices for different age groups of insureds. The premiums are based on a single female driver, full coverage, $100 deductibles, and no policy discounts are applied.
In the previous example, the average cost of car insurance in Arizona per year with a clean driving record and no accidents is $1,935. Add in two speeding tickets and the average cost rises to $2,605, an increase of $670 each year. Then add one accident along with the two speeding tickets and the 12-month cost of auto insurance for a Chevrolet Malibu jumps again to an average of $3,277. That’s an increase of $1,342, or $112 per month, just for not keeping your driving record clean!
Insurance companies that provide policies for a Chevrolet Malibu may have price discounts that can lower rates by 25% or more if you can meet the requirements. A few of the larger companies and a selection of discounts are detailed below.
Discount | Progressive | State Farm | Allstate | Geico | Farmers | Nationwide | Liberty Mutual |
---|---|---|---|---|---|---|---|
Bundled policies | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Multiple vehicles | Yes | Yes | No | Yes | Yes | Yes | Yes |
Theft prevention | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Anti-lock brakes | No | Yes | Yes | Yes | No | No | Yes |
Air bags | No | Yes | Yes | Yes | Yes | Yes | Yes |
New vehicle | No | Yes | Yes | No | Yes | Yes | No |
No accidents | Yes | Yes | Yes | Yes | Yes | Yes | No |
Defensive driver | Yes | Yes | Yes | Yes | Yes | Yes | No |
Low mileage | Yes | Yes | Yes | No | No | Yes | Yes |
Armed forces | Yes | Yes | No | Yes | Yes | No | No |
Employment | No | No | No | Yes | Yes | Yes | Yes |
Paid in full | Yes | No | Yes | Yes | Yes | Yes | Yes |
Email statements | Yes | No | Yes | Yes | Yes | Yes | Yes |
Loyalty | Yes | Yes | No | No | Yes | Yes | No |
Good student | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Student away from home | Yes | Yes | Yes | No | Yes | Yes | Yes |
Own a home | Yes | No | No | No | Yes | No | No |
Seat belt usage | No | No | No | Yes | No | No | No |
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The chart below shows the difference between insurance premiums with and without discounts applied to the rates. The premiums are based on a male driver, no accidents, no driving violations, Arizona state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with anti-theft, multiple policy, claim-free, accident-free, vehicle safety, and passive restraint discounts applied. In this example, the the amount saved on auto insurance for a Chevrolet Malibu is 13% or $281.
The list below summarizes some of the recommended money-saving ideas that can help you locate the cheapest auto insurance.
The last suggestion is remarkably critical, as we hit on in the article above. Insurance prices in Arizona can change considerably based on profitability, so drivers shouldn’t be reluctant to buy from a different company if a more affordable rate is found.
Having a favorite company is great, but it’s not a great idea if that devotedness results in you overpaying a lot of money. In just a couple of minutes you could compare rates and find cheaper insurance for a Chevrolet Malibu.