Car Insurance Quotes for a Chevy Malibu in Stockton

Chevy Malibu insurance policy image courtesy of QuoteInspector.com

Everyone knows that auto insurance companies don't want you to compare rates. Insureds who get price comparisons are highly likely to switch to a new company because they stand a good chance of finding a more affordable policy. A recent survey revealed that drivers who faithfully checked for cheaper rates saved on average $865 annually as compared to drivers who never shopped around for cheaper prices.

If finding the best rates on insurance is your target objective, then learning about how to shop for coverages can make it easier to find better rates.

The best way to get cheaper Chevy Malibu insurance is to start doing a yearly price comparison from insurers who provide car insurance in Stockton. You can compare prices by completing these steps.

• Step 1: Take a few minutes and learn about auto insurance and the things you can change to prevent high rates. Many policy risk factors that cause high rates such as at-fault accidents, careless driving, and a not-so-good credit history can be eliminated by being financially responsible and driving safely.
• Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from a single company like Progressive and State Farm, while independent agents can quote rates for a wide range of companies.
• Step 3: Compare the price quotes to your current policy and determine if cheaper Malibu coverage is available. If you can save money, make sure coverage does not lapse between policies.
• Step 4: Give notification to your agent or company of your intent to cancel your current policy and submit the signed application along with the required initial payment to the new company. Be sure to keep your new certificate verifying coverage along with the vehicle's registration papers.

The key thing to remember is to try to use identical coverages on every quote and and to analyze as many different insurance providers as possible. Doing this helps ensure a fair rate comparison and a good representation of prices.

To find cheaper Stockton auto insurance quotes, there are several ways to get quotes from all the different companies. One of the best ways to find the cheapest Chevy Malibu insurance rates is to use the internet to compare rates.

It's so easy to compare rate quotes online that it makes it obsolete to spend your day driving to all the different Stockton insurance agencies. Comparing Chevy Malibu insurance rates online eliminates the middleman unless you have a need for the trained advice of a local agency. It is possible to get the lowest quotes online but buy the policy through an agent.

When quoting insurance, remember that more quotes helps increase your odds of locating the best offered rates.

The companies in the list below can provide quotes in Stockton, CA. If the list has multiple companies, we suggest you visit two to three different companies to get the cheapest price.

Insurance rate breakdown

The price information displayed next showcases detailed analysis of policy rates for Chevy Malibu models. Learning a little about how car insurance prices are formulated helps drivers make informed decisions when comparing rate quotes.

Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Estimates do not factor in your specific Stockton location which can decrease or increase auto insurance rates significantly.

Higher deductibles lower rates

When comparing car insurance rates, the most common question is how high should your deductibles be. The premium rates below can help you understand how much more rates are of buying low and high coverage deductibles. The first data table uses a $250 deductible for comp and collision and the second price grid uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Table data does not factor in specific location information which can affect coverage prices greatly.

Based on the data above, we can derive that using a $250 deductible costs approximately $33 more each month or $396 for a full year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 23 months between claims, you would probably come out ahead by going with a higher deductible.

The chart below demonstrates how choosing different deductibles and can affect Chevy Malibu insurance costs for different age groups of insureds. The premiums are based on a single male driver, full physical damage coverage, and no discounts are taken into consideration.

Age-based car insurance rates by gender

The illustration below shows the comparison of Chevy Malibu annual premium costs for male and female drivers. The prices are based on no claims or driving violations, comprehensive and collision coverage, $1,000 deductibles, single status, and no discounts are factored in.

Three good reasons to insure your Malibu

Even though Stockton Malibu insurance rates can get expensive, buying auto insurance is a good idea for several reasons.

• Almost all states have minimum mandated liability insurance limits which means the state requires a minimum amount of liability in order to drive the car. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your Malibu has a loan, it's most likely the lender will make it a condition of the loan that you have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank may buy a policy for your Chevy at a much higher rate and force you to reimburse them for the expensive policy.
• Insurance safeguards both your car and your personal assets. It will also pay for medical transport and hospital expenses incurred in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of insuring your car greatly outweigh the cost, especially when you need to use it. But the average driver in California is wasting up to $820 a year so shop around every year to make sure the price is not too high.

Six Things That Impact Your Insurance Prices

One of the most helpful ways to save on insurance is to to have a grasp of some of the factors that go into determining the level of your policy premiums. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that will entitle you to lower rates.

The itemized list below are just a few of the factors insurance companies consider when setting prices.

Don't cut corners with liability protection - Liability insurance will protect you in the event that a jury decides you are liable for personal injury or accident damage. Your policy's liability insurance provides you with a defense in court to defend your case. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.

When should you file policy claims? - Auto insurance companies in California generally give the best rates to policyholders who file claims infrequently. If you file claims often, you can look forward to either policy cancellation or increased premiums. Auto insurance is meant to be used in the event of more catastrophic claims.

Lower rates with alarms and GPS tracking - Selecting a car model that has an advanced theft prevention system can save you a little every year. Theft deterrent systems like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop car theft.

Cautious drivers pay the best premiums - Being a careful driver impacts your car insurance rates tremendously. Drivers who don't get tickets get better rates as compared to those with violations. Getting just one moving violation can boost insurance rates substantially. Drivers who have gotten dangerous violations like DUI or willful reckless driving may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to drive a vehicle legally.

The example below shows how violations and fender-benders impact Chevy Malibu auto insurance costs for each age group. The information is based on a married female driver, full coverage, $1,000 deductibles, and no discounts are applied to the premium.

Low stress employer equals lower premiums - Did you know that where you work can have an impact on rates? Occupational choices like judges, police officers, and emergency personnel usually pay higher premiums than the average policyholder attributed to intense work-related stress and long work days. Other occupations like scientists, students and performers get better rates.

Additional coverages that may be costing you - There are many additional coverages that you can get tricked into buying if you aren't careful. Things like coverage for rental cars, towing, and additional equipment coverage may be costing you every month. These coverages may sound good when discussing your needs, but if you have no use for them eliminate them to save money.

Insurance loss statistics a Chevy Malibu - Insurance companies analyze the history of losses to determine a rate that will be profitable for them. Models that are shown to have high amounts or severity of claims will have increased rates.

The table below demonstrates the insurance loss data for Chevy Malibu vehicles. For each type of coverage, the loss probability for all vehicles, without regard to make or model, is a value of 100. Values that are below 100 suggest a positive loss record, while percentages above 100 show a trend for more claims or an increased chance of a larger loss.

Insurance can get complicated

When it comes to choosing coverage online or from an agent for your vehicles, there really is no perfect coverage plan. Your situation is unique so your insurance should reflect that For instance, these questions might help in determining whether or not you would benefit from professional advice.

• When should I remove comp and collision on my Chevy Malibu?
• What can I do if my company denied a claim?
• When should I not buy collision coverage?
• What is the ISO rating for a Chevy Malibu?
• Am I covered if I break a side mirror?
• Am I getting all the discounts available?
• Why am I required to get a high-risk car insurance policy?
• Is extra glass coverage worth it?
• Can I still get insurance after a DUI?
• Does my liability insurance cover pulling a trailer or camper?

If you can't answer these questions but you know they apply to you, you may need to chat with an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Don't give up on cheap rates

We just showed you a lot of information how to reduce Chevy Malibu insurance prices online in Stockton. The key concept to understand is the more quotes you get, the better your comparison will be. You may even be surprised to find that the lowest prices are with a smaller regional carrier. Regional companies may often insure only within specific states and give better rates than their larger competitors like Allstate or State Farm.

When buying insurance coverage, you should never buy less coverage just to save a little money. There are many occasions where someone sacrificed full coverage and found out when filing a claim they didn't purchase enough coverage. Your aim should be to get the best coverage possible at the lowest possible cost, but do not sacrifice coverage to save money.

More information is available on the following sites:

• Safety Tips for Teen Drivers (Insurance Information Institute)
• Who Has Cheap Stockton Auto Insurance for Good Students? (FAQ)
• Who Has Affordable Car Insurance Quotes for Low Mileage Drivers in Stockton? (FAQ)
• Who Has Affordable Stockton Car Insurance Quotes for a Nissan Altima? (FAQ)
• Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
• Distracted Driving Extends Beyond Texting (State Farm)
• Senior Drivers (Insurance Information Institute)
• Pickups fall short in headlight tests (Insurance Institute for Highway Safety)