Save on Chevy Malibu Insurance in Omaha

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Chevy Malibu insurance cost
Chevy Malibu insurance cost image courtesy of QuoteInspector.com

We don't have to tell you that auto insurance companies don't want you to look for cheaper rates. Consumers who shop around once a year are inclined to switch insurance companies because they have good chances of finding good coverage at a lower price. Remarkably, a study showed that people who compared prices once a year saved on average $860 a year compared to drivers who didn't regularly shop around.

If finding the lowest price on insurance in Omaha is the reason for your visit, understanding how to find companies and compare cheaper coverage can save time, money, and frustration.

Insurance for Chevy MalibuTruthfully, the best way to find low-cost car insurance rates is to compare prices once a year from companies in Omaha. You can compare prices by completing these steps.

  1. Try to understand car insurance and the modifications you can make to prevent expensive coverage. Many risk factors that drive up the price like traffic violations, accidents, and a less-than-favorable credit history can be controlled by improving your driving habits or financial responsibility.
  2. Quote rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from one company like Progressive or Allstate, while independent agencies can quote rates from multiple sources.
  3. Compare the quotes to the premium of your current policy to see if switching to a new carrier will save money. If you can save some money and change companies, ensure coverage does not lapse between policies.
  4. Provide adequate notice to your current company to cancel your current coverage. Submit any necessary down payment along with the completed application to the new company. As soon as you have the new policy, keep your new certificate verifying proof of insurance in your glove compartment.

One key aspect when comparing rates is to use the same deductibles and limits on every price quote and and to get quotes from as many carriers as you can. This guarantees an apples-to-apples comparison and a complete price analysis.

The easiest way to compare car insurance company rates for Chevy Malibu insurance in Omaha utilizes the fact almost all companies provide online access to provide you with a free rate quote. The only thing you need to do is provide a little information including deductibles desired, how much education you have, how much you drive, and whether you are married. Your details is instantly submitted to insurance carriers in your area and they return cost estimate quickly.

To check Chevy Malibu insurance prices now, click here and complete the quick form.

The providers in the list below can provide price comparisons in Nebraska. In order to find cheap car insurance in Omaha, it's a good idea that you visit several of them to get the best price comparison.

You may qualify for discounts for Chevy Malibu insurance in Omaha

Some providers do not list every discount they offer very clearly, so the next list breaks down both the well known and also the lesser-known credits that may apply to you.Discount car insurance

  • Auto/Life Discount - Larger companies have lower rates if you buy life insurance from them.
  • Own a Home - Owning your own home or condo can earn you a little savings since owning and maintaining a home means you have a higher level of financial diligence.
  • Discounts for Seat Belt Usage - Drivers who always wear seat belts and also require passengers to use a seat belt could save 15% off the medical payments premium.
  • Distant Student - College-age children who are attending college and do not have a car could get you a discount.
  • Drivers Education - Have your child complete a driver education course as it will make them better drivers and lower rates.
  • Anti-theft Discount - Cars and trucks that have factory anti-theft systems prevent vehicle theft so companies will give you a small discount.
  • Switch and Save Discount - A few larger companies offer discounts for signing up before your current expiration date. Ten percent is about the average savings.
  • One Accident Forgiven - Not necessarily a discount, but a few companies such as Progressive, State Farm and GEICO will forgive one accident before your rates go up if you are claim-free for a specific time period.

Policy discounts save money, but most credits do not apply to all coverage premiums. Most only cut the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, you won't be that lucky.

The information below visualizes the comparison of Chevy Malibu car insurance rates with and without discounts. The data assumes a male driver, no violations or accidents, Nebraska state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, safe-driver, multi-car, marriage, and claim-free discounts applied.

Larger car insurance companies and a summarized list of policyholder discounts include:

  • American Family may have discounts that include accident-free, Steer into Savings, good driver, air bags, mySafetyValet, multi-vehicle, and bundled insurance.
  • State Farm discounts include good driver, multiple policy, driver's education, Drive Safe & Save, and good student.
  • 21st Century includes discounts for air bags, defensive driver, teen driver, homeowners, student driver, and theft prevention.
  • Travelers policyholders can earn discounts including student away at school, multi-policy, continuous insurance, hybrid/electric vehicle, and multi-car.
  • GEICO offers discounts including air bags, anti-lock brakes, federal employee, membership and employees, emergency military deployment, and five-year accident-free.

If you are trying to find affordable Omaha auto insurance quotes, ask every insurance company which discounts you may be entitled to. Discounts may not apply in every state. To choose insurance companies who offer car insurance discounts in Omaha, click this link.

Auto insurance data for a Chevy Malibu

The information displayed below highlights a range of insurance premium costs for Chevy Malibu models. Learning how policy rates are determined is important to be able to make informed purchases.

Chevrolet Malibu Insurance Rates in Omaha, NE
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $252 $536 $362 $22 $108 $1,280 $107
Malibu Hybrid $252 $536 $362 $22 $108 $1,280 $107
Malibu LT $286 $536 $362 $22 $108 $1,314 $110
Malibu LTZ $286 $632 $362 $22 $108 $1,410 $118
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Rate information does not factor in zip code location which can modify coverage rates noticeably.

Deductible comparison

When buying auto insurance, a common question is the level to set your comp and collision deductibles. The comparison tables below outline the rate difference between low and high coverage deductibles. The first set of prices uses a $100 deductible for comp and collision and the second pricing table uses a $1,000 deductible.

Chevrolet Malibu insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $258 $466 $300 $18 $90 $1,157 $96
Malibu Hybrid $258 $466 $300 $18 $90 $1,157 $96
Malibu LT $292 $466 $300 $18 $90 $1,191 $99
Malibu LTZ $292 $548 $300 $18 $90 $1,273 $106
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Chevrolet Malibu insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $144 $246 $300 $18 $90 $798 $67
Malibu Hybrid $144 $246 $300 $18 $90 $798 $67
Malibu LT $162 $246 $300 $18 $90 $816 $68
Malibu LTZ $162 $290 $300 $18 $90 $860 $72
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Premium amounts do not factor in specific location which can alter prices considerably.

Based on this data, using a $100 deductible will cost you approximately $30 more each month or $360 a year than buying the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you average more than 30 months between claims, you would most likely save money by going with a higher deductible.

Auto insurance rates are higher with tickets and accidents

The diagram below highlights how traffic violations and at-fault fender-benders increase Chevy Malibu auto insurance rates for different ages of insureds. The premiums assume a married female driver, comp and collision included, $500 deductibles, and no discounts are applied.

When to have guidance from an insurance agency

A small number of people prefer to have an agent's advice and that is just fine! Good agents are highly skilled in risk management and help file insurance claims. One of the great benefits of price shopping on the web is that drivers can save money and get lower rates but still work with a licensed agent.

Find insurance agent in OmahaUpon completion of this simple form, your insurance coverage information is instantly submitted to companies in Omaha who want to provide quotes for your auto insurance coverage. There is no need to do any legwork because quoted prices will be sent immediately to your email address. If for some reason you want to get a comparison quote from a specific company, you just need to visit that company's website and give them your coverage information.

Picking the best company should depend on more than just a cheap quote. Here are some questions you might want to ask.

  • Is the agent CPCU or CIC certified?
  • Will you get a loaner vehicle if you car is being repaired?
  • Do they offer accident forgiveness?
  • Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
  • Are there any discounts that you might be missing?
  • Are they involved in claim handling?
  • Do they regularly work with personal auto policies in Omaha?

After getting answers to your satisfaction to any questions you have as well as low cost Chevrolet Malibu insurance quotes, most likely you have located an provider that is reputable and can insure your vehicles.

What is the best car insurance coverage?

When it comes to buying the best car insurance coverage for your personal vehicles, there is no single plan that fits everyone. Your situation is unique so your insurance needs to address that.Safe vehicles cost less to insure These are some specific questions might point out if you could use an agent's help.

  • When should I remove comp and collision on my Chevy Malibu?
  • Are rock-chip repairs free?
  • Who is covered when they drive my Chevy Malibu?
  • Am I covered by my spouse's policy after a separation?
  • Do I need to call my car insurance company before buying a new car?
  • Am I covered when pulling a rental trailer?
  • Do I need roadside assistance coverage?

If you don't know the answers to these questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of car insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

Learn How to Buy Auto Insurance Cheaper

Multiple criteria are part of the equation when you quote your car insurance policy. Some factors are common sense such as your driving record, but some are less obvious like your vehicle usage and annual miles driven. Consumers need to have an understanding of the different types of things that play a part in calculating the level of your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this enables you to make decisions that could result in lower auto insurance prices.

  • How many coverages with the same company - Lots of auto insurance companies will give lower prices to customers who carry more than one policy. It's known as a multi-policy discount. Even with this discount, it's still a good idea to comparison shop to help ensure you have the lowest rates.
  • Marriage discount - Getting married can get you a discount on your policy. Having a spouse may mean you are more responsible it has been statistically shown that being married results in fewer claims.
  • Safer occupants lowers rates - Cars with five star safety ratings can get you lower premiums. Safe vehicles reduce injuries and any reduction in injury severity means less claims paid and more competitive rates for policyholders.
  • Gender as a rate factor - The statistics show women are more cautious behind the wheel. However, this does not mean men are WORSE drivers than women. Males and females are in at-fault accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to receive more costly citations such as DWI and reckless driving.

    The chart below shows the comparison of Chevy Malibu insurance prices for male and female drivers. The data is based on no claims or driving violations, full physical damage coverage, $500 deductibles, marital status is single, and no discounts are applied.

  • Policy add-ons may not be needed - Insurance companies have many extra coverages that may not really be needed on your Malibu policy. Coverages for rental car reimbursement, death and dismemberment, and motor club memberships are examples of these. These may sound like a good investment when you first buy your policy, but if you don't need them eliminate the coverages to reduce your premium.
  • Chevy Malibu insurance loss data - Companies study historical loss data when setting rates for each model. Models that tend to have a higher amount or frequency of claims will have a higher cost to insure.

    The table below demonstrates the insurance loss data for Chevy Malibu vehicles. For each coverage type, the claim amount for all vehicles, without regard to make or model, is considered to be 100. Values that are under 100 are indicative of better than average losses, while values that are 100 or greater point to more losses or an increased chance of larger losses than average.

    Chevrolet Malibu Insurance Claim Statistics
    Specific Chevrolet Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Chevrolet Malibu 94 100 109 139 145 120
    BETTER
    AVERAGE
    WORSE

    Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Car insurance protects more than just your car

Even though Omaha Malibu insurance rates can get expensive, maintaining insurance is required by state law in Nebraska and it also provides benefits you may not be aware of.

  • Most states have minimum mandated liability insurance limits which means you are required to buy specific limits of liability in order to get the vehicle licensed. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If your vehicle has a lienholder, most lenders will make it a condition of the loan that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the lender will be forced to insure your Chevy for a lot more money and require you to reimburse them for the much more expensive policy.
  • Car insurance preserves your vehicle and your assets. It will also provide coverage for most medical and hospital costs for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will cover the repair costs.

The benefits of buying enough insurance greatly outweigh the cost, specifically if you ever have a liability claim. According to a 2015 survey, the average American driver is wasting up to $800 each year so it's very important to do a rate comparison once a year at a minimum to ensure rates are competitive.

In the end, you can save money

When shopping online for car insurance, it's very important that you do not buy poor coverage just to save money. There have been many cases where an accident victim reduced full coverage and found out when filing a claim that they should have had better coverage. Your goal is to get the best coverage possible for the lowest cost.

In this article, we covered a lot of techniques to shop for Chevy Malibu insurance online. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. Drivers may even discover the most savings is with the least-expected company. Some small companies may have significantly lower auto insurance rates on certain market segments than the large multi-state companies such as Allstate and Progressive.

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