Buying cheaper insurance for a Chevrolet Malibu in California is pretty simple, but it is dependent upon many rating factors such as annual vehicle mileage, your credit status, and violations on your driving record. Drivers in California will pay around $1,097 per year to insure their Malibu, but that is a valuation based on a 30-year-old married female driver with full coverage and $500 deductibles.
When estimating a car insurance rate like we just did, the issue is that you may not be 30 years old (or even female), maybe you are single instead of married, or maybe you want more liability coverage than is required by law in California. There is no one cookie-cutter policy that works for everyone, so the way we recommend to find the most affordable coverage for your Chevrolet is to compare as many rates as possible.
The trim level of your vehicle will have an impact the yearly cost, so the price you will be charged to insure a Malibu LS trim level will be $116 cheaper than the insurance cost for the more costly Malibu LTZ model, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Estimates do not factor in your specific Sacramento location which can increase or decrease premiums greatly.
Car insurance companies ranked
Choosing a high-quality insurer can be difficult considering how many companies there are to choose from in California. The ranking information shown next could help you choose which insurers you want to consider when comparing insurance rates for a Chevrolet Malibu. The rankings below are only made up of large nationwide companies, so smaller companies will not be included in the list.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
Get discount Sacramento car insurance
Insurance providers that provide policies for a Chevrolet Malibu may also provide policy discounts that can lower rates by 25% or more if you are eligible for them. The best car insurance companies and the discounts they provide are shown below.
- Farm Bureau offers premium reductions for good student, multi-policy, driver training, 55 and retired, and multi-vehicle.
- Liberty Mutual may include discounts for new vehicle discount, multi-policy, multi-car, new graduate, preferred payment discount, teen driver discount, and newly married.
- State Farm has discounts for good student, Steer Clear safe driver discount, anti-theft, defensive driving training, safe vehicle, and Drive Safe & Save.
- Auto-Owners Insurance may have discounts that include air bags, good student, student away at school, anti-lock brakes, multi-policy, and multiple vehicles.
- GEICO offers discounts for good student, anti-theft, anti-lock brakes, daytime running lights, defensive driver, air bags, and multi-policy.
- SAFECO includes discounts for anti-lock brakes, safe driver, multi-car, accident prevention training, and anti-theft.
The information below compares insurance premiums with and without policy discounts. The data assumes a male driver, no claims or violations, California state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with accident-free, marriage, multiple policy, claim-free, safe-driver, and homeowner discounts applied. When taking advantage of discounts, the average amount saved each year on car insurance for a Chevrolet Malibu is 28% or $828.
The example below shows how different deductible levels can affect yearly insurance costs when getting quotes for cheap insurance for a Chevrolet Malibu. The premiums assume a single male driver, comprehensive and collision coverage, and no other discounts are factored in.
The data above shows that a 40-year-old driver could save $436 a year by switching from a $100 deductible to a $500 deductible, or save $656 by changing to a $1,000 deductible. Younger drivers, such as the 20-year-old example, could roll back prices $1,432 every year just by choosing higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it’s a good idea to have enough spare savings to be able to cover the extra out-of-pocket expense associated with higher deductibles.
How to find budget-friendly auto insurance for a Chevrolet Malibu
It’s not impossible to find cheaper rates, and here are some of the recommended thrifty suggestions that can help drivers quote cheap car insurance.
- Safer vehicles generally have cheaper insurance rates
- Higher physical damage deductibles lower rates
- Multi-policy discounts save money
- Good credit can help you save money
- Having too many claims will increase rates substantially
- Do not pay for full coverage on older vehicles
- Look for cheaper rates once a year by shopping around
The last tip is highly vital, as was affirmed in this write-up. Auto insurance prices in Sacramento vary greatly, so you should be ready to change insurance companies if a more affordable rate is found.
Many drivers have brand loyalty and that’s fine, but it’s not recommended if that faithfulness ends up costing you several hundred dollars every year. Take a few minutes and shop around and find cheaper auto insurance for a Chevrolet Malibu.
If you have coverage questions and would like to have professional advice when comparing insurance rates for a Chevrolet Malibu, the professional agents shown below are a good start to help you decide which coverages you need. To find a Sacramento insurance agency using an interactive map, click the button following the list.
Nationwide Insurance: Greg Comia Insurance Agency Inc
7500 Elsie Ave Ste 106 – Sacramento, CA 95828 – (916) 682-6053
Foster and Parker Insurance Agency
2020 Hurley Way – Sacramento, CA 95825 – (916) 481-0689
Moira Little – State Farm Insurance Agent
9700 Business Park Dr #304 – Sacramento, CA 95827 – (916) 854-5985
Nationwide Insurance: Wellco Insurance Agency Inc
6905 Stockton Blvd Ste 230 – Sacramento, CA 95823 – (916) 399-8113
McGee and Thielen Insurance Brokers
3840 Rosin Ct #245 – Sacramento, CA 95834 – (800) 901-9636