If you're looking for a vehicle with safety features that can help protect you from accidents, you should look at a Chevrolet Malibu. The Malibu has earned a four-star safety rating from the National Highway Traffic Safety Administration.
Insurance costs for the Chevy Malibu vary depending on a few factors, including age, gender, and accident history. If you're looking for a car with low insurance rates, it's important to shop around and compare quotes.
Comprehensive Coverage
The Chevrolet Malibu is a mid-size sedan that competes in the same category as other popular cars such as the Toyota Camry and Honda Accord. If you drive a Malibu, it is a good idea to protect it with adequate car insurance.
The comprehensive coverage portion of a policy covers your vehicle from damages caused by things like fire, vandalism, and theft. It also pays for the repairs if you are involved in an accident that causes damage to your Malibu.
This type of coverage is relatively cheap, and it can be a good choice for people who want to ensure their vehicles are covered in the event of an accident or theft. However, it is a good idea to compare rates before signing on the dotted line.
As with any other type of auto insurance, the premium you pay for your Malibu will vary based on several factors. For example, where you live will make a significant difference in your insurance costs.
Moreover, the model of your car is another factor that can affect your car insurance rate. Generally, newer models are more expensive to insure because of the higher repair or replacement costs that come with them.
Additionally, drivers can expect to pay higher premiums if they have more than one accident or ticket on their driving record. These accidents and tickets increase the risk of an insurance claim, so a Malibu driver who has multiple accidents or traffic violations will likely end up paying more than a driver with a clean driving record.
Bodily Injury Liability
The bodily injury liability insurance portion of a policy will cover the medical expenses for anyone else who is injured in an accident you cause. While this insurance is relatively inexpensive, it does have a significant impact on your overall premium.
In addition to bodily injury liability insurance, you can add a supplemental coverage called gap insurance. This optional coverage can help cover the difference between what you owe on your vehicle and its fair market value.
Lastly, you can opt for a usage-based or pay-per-mile car insurance plan. These plans are ideal for people who don’t drive a lot and need to save money on their monthly insurance bill.
Collision Coverage
Collision insurance is one of the primary forms of car insurance, and it pays to repair your Malibu if it's damaged in a crash. This type of coverage is also typically required by lenders, and it will cover the costs of your car if it's stolen or written off in a fire.
Medical Payments (MedPay) is another form of car insurance that covers injury and medical expenses if you are involved in an accident. It is available as an add-on to your Malibu insurance policy and follows you and your passengers no matter who causes the crash.
The safety rating of your vehicle is also a factor in the cost of your insurance. The National Highway Traffic Safety Administration (NHTSA) has crash tests for cars to measure how safe they are in a collision.
These tests help consumers compare vehicles and choose the safest option for their needs. They are based on a number of factors, including driver and passenger protection.
When shopping for car insurance, make sure to get quotes from several different companies. This will give you the best chance of finding a policy that meets your unique needs.
In addition to your location, your driving record and a variety of other factors can impact your insurance rate. If you have a clean driving record and no accidents or violations, you'll likely find the cheapest rates.
However, if you have a history of getting into accidents, tickets or other serious offenses, your insurance rates will be much higher. Taking a defensive driving course, avoiding tickets and maintaining a clean driving record can help you to lower your auto insurance rates.
If you are concerned about the cost of your Chevrolet Malibu insurance, it is a good idea to shop around for quotes at least once a year. You can do this by comparing quotes online or with an insurance agent. By shopping for multiple policies with several companies, you can often find a great deal on your Malibu insurance.
Liability Coverage
A car insurance policy can help you pay for the damages to your vehicle, as well as medical bills if someone is injured in an accident. You can purchase collision and comprehensive coverage on your Malibu to protect yourself from financial loss in case of a crash, theft or another covered event.
The cost of a Chevrolet Malibu car insurance policy can vary depending on a number of factors, including your age, driving record and credit score. You can use the rate calculator on our site to find out how much your policy will cost.
Drivers should also look into a policy with good safety ratings. These features can help you get the lowest rates on your insurance.
Several government-recognized car safety agencies test cars and give them stars to indicate how safe they are in a crash. The more stars a car has, the better it is at preventing injury and death in an accident.
For example, the National Highway Traffic Safety Administration gives the 2020 Chevy Malibu a 4-star safety rating. Similarly, US News & World Report awarded it an 8.9 out of 10 score for safety.
Other available safety features on the Malibu include teen driver technology to teach young drivers how to drive safely. They can learn the rules of the road and avoid driving while distracted. The Malibu also offers OnStar automatic crash response.
A teen driver can also get an in-vehicle report on activated safety features and warnings when they exceed speed limits. The feature can even mute the audio system to prevent distractions and keep occupants focused on the road.
In addition, a teen driver can choose an optional driver safety package to add features like forward-collision warning and lane departure alert. These features can save a teen driver money on their Malibu car insurance.
A Chevy Malibu is one of the more affordable vehicles in the mid-size car category and can be insured for around $1,500 a year on average. These costs can vary, however, depending on your state and the trim level of your Malibu. For instance, a driver with a Malibu SE sedan can expect to pay around $1,524 a year for full coverage. That includes $500 deductibles, 30/60 liability limits and uninsured motorist coverage.
Uninsured/Underinsured Motorist Coverage
The Uninsured/Underinsured Motorist Coverage coverage offered by Chevrolet Malibu car insurance provides protection if you are involved in an accident with a driver who doesn't have enough car insurance to pay for damages. It is required by law in West Virginia for every insurer to offer this type of coverage, and it can save you a lot of money if you are involved in an accident with an uninsured driver.
The Underinsured/Underinsured Coverage section of the Malibu policy also offers you protection from injuries that you might sustain if the person who causes the accident doesn't have enough auto insurance to cover your medical bills. This can happen in accidents with a drunk driver or someone who has no car insurance at all.
Another important aspect of the Malibu policy is the option to add Medical Payments Coverage (MedPay). MedPay is an additional insurance policy that covers you for immediate expenses if you get into a car accident. This insurance pays for things like EMT services, pain medications, and nursing services.
This is an optional insurance policy that you can purchase for a small monthly fee. You can choose whether to include it as part of your comprehensive or collision insurance, or you can opt for it as an add-on to a policy that already includes these options.
If you decide to add this option, be sure to understand the deductibles that come with it. This is because it can be a major factor in your rate.
In order to get the cheapest rates, it's best to shop around and compare car insurance quotes from several different companies. By doing this, you can ensure that you're getting the cheapest possible Malibu car insurance.
Some of the main factors that affect car insurance rates include where you live, your age, and your driving record. Teens and drivers with a bad driving record often see the biggest increase in their insurance rates.
It is also a good idea to bundle your different types of insurance with the same company. This will help you save even more money by taking advantage of multiple discounts.