Who Has the Cheapest Insurance for a Chevrolet Malibu in Washington?

When the topic is car insurance, the words “cheap” or “affordable” should never be used anywhere to describe car insurance rates. It’s just a fact that cheap car insurance for a Chevrolet Malibu is not easy to find. But fear not, because we are going to tell you how you can find and buy auto insurance that doesn’t break your budget.

The chances of finding cheaper car insurance for a Chevrolet Malibu in Washington depends on a complex equation that considers factors such as your date of birth, what you do for a living, and violations on your driving record. Drivers pay approximately $1,140 per year to insure a Chevrolet Malibu, but that policy rate is an approximation that rates a 30-year-old single female that purchased full coverage and $100 policy deductibles.

Chances are that you are not a 30-year-old female, married instead of single, or maybe you prefer higher deductibles. This example demonstrates why the only real way to find the most affordable coverage for your Chevrolet is to make a habit of comparing rates at every renewal.

Compare Chevrolet Malibu Insurance Rates

The specific trim level can impact the cost of coverage, so the price you pay to insure a Malibu LS will be $136 less than the insurance cost for the high end Malibu LTZ version, as demonstrated by the prices below.

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Washington minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Rate quotes do not factor in your specific Washington location which can increase or decrease auto insurance rates substantially.

Insuring your vehicle with a good quality insurance provider is difficult considering how many different companies sell coverage in Washington. The rank data shown below could help you choose which providers to look at when shopping car insurance rates for a Chevrolet Malibu. The ratings below are only comprised of large, nationwide insurance companies, so companies with more of a regional focus will not be included in these rankings.

The illustration below highlights how deductible choice can affect insurance prices when researching cheap insurance for a Chevrolet Malibu. The price estimates are based on a single male driver, comp and collision included, and no discounts are taken into consideration.

A 30-year-old driver could lower their car insurance rates by $326 a year by increasing from a $100 deductible up to a $500 deductible, or save $490 by selecting a $1,000 deductible. Even younger drivers, such as the 20-year-old example, can save $956 each year by using higher deductibles when buying full coverage. When choosing a higher deductible, it will be important to have additional savings on hand to be able to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Get discounts on Washington car insurance rates

Insurance providers that offer the cheapest insurance for a Chevrolet Malibu in Washington may have price discounts that can reduce rates by as much as 40% or more if you are eligible to receive them. A few of the larger companies and a partial list of their discounts are outlined below.

• American Family includes discounts for TimeAway discount, good student, Steer into Savings, bundled insurance, and early bird.
• Nationwide may offer discounts for defensive driving, anti-theft, easy pay, family plan, Farm Bureau membership, good student, and accident-free.
• MetLife discounts include defensive driver, claim-free, good student, good driver, and multi-policy.
• 21st Century may have discounts that include defensive driver, theft prevention, early bird, teen driver, automatic seat belts, driver training, and 55 and older.
• Farmers Insurance has discounts for mature driver, electronic funds transfer, business and professional, switch companies, and homeowner.
• Allstate offers premium reductions for resident student, utility vehicle, economy car, early signing, teenSMART discount, defensive driver, and good payer.

The chart below visualizes the comparison of premium costs with and without some available policy discounts. The premium estimates are based on a male driver, no violations or accidents, Washington state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with marriage, defensive driving course, passive restraint, homeowner, claim-free, and anti-theft discounts applied. When discounts are factored in, the the average yearly reduction on auto insurance for a Chevrolet Malibu is 28% or $516.

How to find the cheapest insurance for a Chevrolet Malibu in Washington

Here are many money-saving suggestions that can help drivers quote more affordable car insurance.

• Higher credit scores can equal lower rates
• Increase your deductibles
• Drop full coverage on older vehicles
• Safer vehicles generally have cheaper insurance rates
• Try to not file small claims
• Buying car and homeowners insurance together can save money
• Shop around for cheaper prices often

That last idea is particularly necessary, as was noted in this piece. Prices charged by car insurance companies can be modified anytime, so don’t be unwilling to switch to a new company if a more affordable price is available. Having brand loyalty is commendable, but it isn’t a good idea if that inflexibility results in costing you money that could be going to better use. Take a couple minutes and compare rates to find cheaper car insurance for a Chevrolet Malibu.

Does Allstate, State Farm, Geico, or Progressive have the cheapest car insurance?

When it comes to buying insurance for a Malibu in Washington, four good companies to start with are Allstate, State Farm, Geico, and Progressive. Combined they insure over 48% of all auto insurance written. The table below breaks down some of the different features offered by each company.