Compare 2012 Chevrolet Malibu Insurance Quotes

Are you a victim of overpriced auto insurance? Believe me, you’re not the only one. Insurance companies such as Progressive, GEICO and Farmers Insurance increase brand awareness with ad campaigns and it is challenging if not impossible to see through the cute green geckos and mayhem and do the work needed to find the best deal.

Compare free car insurance quotes

Shopping for lower car insurance rates can take time and effort if you don’t understand the most efficient way to do it. You can waste a few hours (or days) talking to agents in your area, or you can utilize online quoting for quick rates.

Many of the larger companies participate in a marketplace that allows shoppers to complete one form, and each participating company provides a quote based on the submitted data. This eliminates the need for quote requests for each company you want a rate for.

To access this free quoting program, click to open in new window.

The one downside to doing it this way is that consumers can’t choose which carriers you want to price. If you wish to select specific insurance companies to compare, we put together a list of car insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but ensure you’re using apples-to-apples coverages on every quote. If you compare unequal deductibles or liability limits you will not be able to make a fair rate comparison.

Earn discounts to get lower-cost car insurance rates

Car insurance is expensive, but there’s a good chance there are discounts to help bring down the price. Some discounts will apply at the time of purchase, but some need to be requested specifically prior to receiving the credit.

  • Student Discounts – Maintaining excellent grades can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Discount for Passive Restraints – Options like air bags or motorized seat belts may get savings of 20 to 30 percent.
  • One Accident Forgiven – This one isn’t a discount, but some companies like GEICO and Allstate will forgive one accident before they charge you more for coverage as long as you don’t have any claims for a specific time period.
  • Military Rewards – Having a deployed family member could be rewarded with lower prices.
  • Discount for Low Mileage – Keeping the miles down on your Chevy may enable drivers to earn discounted premium rates on garaged vehicles.
  • Theft Deterent System – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and therefore earn up to a 10% discount.
  • Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper because new model year vehicles have to meet stringent safety requirements.
  • Braking Control Discount – Cars and trucks that have anti-lock braking systems are much safer to drive and will save you 10% or more.
  • Onboard Data Collection – Drivers who elect to allow companies to scrutinize driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot may see discounts if they show good driving skills.
  • Bundled Policy Discount – When you combine your auto and home insurance with one insurance company you could get a discount of as much as 10 to 15 percent.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Most only cut the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you could get a free car insurance policy, company stockholders wouldn’t be very happy. Any qualifying discounts should help reduce your car insurance premiums.

A list of companies and their offered discounts can be read below.

  • GEICO discounts include air bags, defensive driver, anti-theft, multi-policy, emergency military deployment, and good student.
  • USAA has savings for multi-policy, multi-vehicle, driver training, family discount, and defensive driver.
  • Progressive may offer discounts for online signing, homeowner, good student, online quote discount, and multi-vehicle.
  • American Family offers premium reductions for multi-vehicle, TimeAway discount, defensive driver, bundled insurance, and good driver.
  • Esurance may have discounts that include claim free, anti-lock brakes, anti-theft, emergency road assistance, safety device, multi-car, and multi-policy.
  • Farmers Insurance offers discounts for early shopping, youthful driver, distant student, mature driver, and teen driver.
  • State Farm includes discounts for good driver, safe vehicle, multiple autos, good student, anti-theft, and driver’s education.

Before buying, ask each insurance company the best way to save money. Some discounts listed above may not apply to policyholders in your area.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different so your insurance needs to address that. For example, these questions might help in determining whether your personal situation might need an agent’s assistance.

  • Does insurance cover damages from a DUI accident?
  • What happens if I owe more than my 2012 Chevy Malibu is worth?
  • Can I rate high risk drivers on liability-only vehicles?
  • How much can I save by bundling my policies?
  • What is PIP insurance?
  • Is my camper covered by my car insurance policy?
  • Can I afford to pay high deductible claims out of pocket?
  • Does car insurance cover theft of personal property?
  • Is my nanny covered when driving my vehicle?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

The coverage is in the details

Having a good grasp of a insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages available from insurance companies.

Collision coverage

Collision coverage covers damage to your Malibu caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle, scraping a guard rail and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to raise the deductible to bring the cost down.

Auto liability

Liability coverage will cover injuries or damage you cause to a person or their property that is your fault. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things such as medical services, pain and suffering and bail bonds. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Malibu.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision)

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like rock chips in glass, fire damage, vandalism, a broken windshield and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses like nursing services, surgery, prosthetic devices, ambulance fees and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Be a Smart Shopper

When shopping online for auto insurance, it’s a bad idea to reduce coverage to reduce premium. In too many instances, drivers have reduced liability limits or collision coverage only to discover later that the savings was not a smart move. Your aim should be to purchase plenty of coverage at the best price, but do not skimp to save money.

You just read some good ideas how you can lower your 2012 Chevy Malibu insurance rates. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even find the lowest rates are with some of the smallest insurance companies. They may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.

More detailed auto insurance information can be read at these sites: