Best Chevy Malibu Insurance in San Antonio

Insurance rates Chevy Malibu in San AntonioAre you sick and tired of being strong-armed to insure your Chevy every month? You have the same problem as the majority of other drivers in Texas.

Anyone knows that insurance companies want to prevent you from shopping around. Consumers who shop around for better prices are highly likely to switch to a new company because there is a significant possibility of finding a policy with better rates. A recent survey discovered that drivers who compared prices regularly saved approximately $72 a month compared to other drivers who never shopped for cheaper rates.

If finding the lowest price on insurance in San Antonio is the reason for your visit, understanding the best way to quote and compare auto insurance can help you succeed in finding affordable rates. Big-name insurance companies like State Farm, Farmers Insurance, GEICO and Allstate constantly bombard you with catchy ads and consumers find it hard to ignore the propaganda and take the time to shop coverage around.

It’s important to do rate comparisons occasionally due to the fact that insurance prices change regularly. If you had the best price on Chevy Malibu insurance in San Antonio a couple years back you can probably find a better rate quote now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the fastest and easiest way to properly buy coverages while reducing your premium.

If you have coverage now or are looking for a new policy, you can learn to reduce the price you pay without reducing protection. Finding affordable auto insurance coverage in San Antonio is actually quite simple. Consumers just have to learn the most effective way to quote multiple rates on the web.

The cheapest San Antonio Chevy Malibu insurance

All the larger auto insurance companies such as Allstate and Progressive make it easy to get insurance quotes from their websites. Getting Chevy Malibu insurance prices online can be done by anyone as you just enter the amount of coverage you want as requested by the quote form. Once you submit the form, their quoting system sends out for information on your driving record and credit history and generates a price based on many factors. Being able to quote online for Chevy Malibu insurance in San Antonio makes it simple to compare prices and it’s absolutely necessary to do this if you want to get a better rate.

In order to use this form to compare rates, check out the auto insurance providers below. If you have a policy now, it’s recommended that you enter the coverages exactly as shown on your declarations page. This ensures you will get a rate comparison based on identical coverages.

The following companies offer free quotes in San Antonio, TX. If multiple companies are shown, we recommend you get rate quotes from several of them in order to get a fair rate comparison.

Chevy Malibu insurance statistics and information

The premium table shown next covers a range of rate quotes for Chevy Malibu models. Having insight into how prices are determined can help customers make smart policy decisions.

Chevrolet Malibu Insurance Rates in San Antonio, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $140 $260 $358 $22 $108 $888 $74
Malibu Hybrid $140 $260 $358 $22 $108 $888 $74
Malibu LT $158 $260 $358 $22 $108 $906 $76
Malibu LTZ $158 $306 $358 $22 $108 $952 $79
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Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can decrease or increase insurance rates greatly.

How high should deductibles be?

When buying insurance, a common question is how high should the physical damage deductibles be. The following tables highlight the rate differences when you buy lower versus higher physical damage coverage deductibles. The first pricing table uses a $250 deductible for comprehensive and collision coverage and the second price chart uses a $1,000 deductible.

Chevrolet Malibu insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $294 $496 $382 $22 $114 $1,333 $111
Malibu Hybrid $294 $496 $382 $22 $114 $1,333 $111
Malibu LT $332 $496 $382 $22 $114 $1,371 $114
Malibu LTZ $332 $584 $382 $22 $114 $1,459 $122
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Chevrolet Malibu insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $182 $312 $382 $22 $114 $1,012 $84
Malibu Hybrid $182 $312 $382 $22 $114 $1,012 $84
Malibu LT $206 $312 $382 $22 $114 $1,036 $86
Malibu LTZ $206 $368 $382 $22 $114 $1,092 $91
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Estimates do not factor in specific San Antonio garaging location which can modify rates noticeably.

Based on the figures above, using a $250 deductible would cost the average driver about $29 more each month or $348 every year than quoting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have more than 26 months between claim filings, you would come out ahead if you decide on a higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $250 deductibles: $115
Average monthly premium for $1,000 deductibles (subtract): – $86
Monthly savings from raising deductible: $29
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $29
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 26 months

One important caveat is that raising deductibles to save money means you pay more out-of-pocket when you do file a claim. That will require some money saved in order to pay the higher deductible in order to repair your vehicle.

Impact of citations and accidents on San Antonio insurance rates

The diagram below demonstrates how speeding tickets and at-fault accidents can impact Chevy Malibu insurance rates for different age groups of insureds. The price estimates are based on a single female driver, comp and collision included, $1,000 deductibles, and no discounts are factored in.

Rate difference between full and liability-only coverage

The diagram below visualizes the comparison of Chevy Malibu insurance costs with full physical damage coverage and with liability coverage only. The price estimates are based on no accidents or driving violations, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.

Guidelines for eliminating full coverage

There isn’t a steadfast formula of when to phase out full coverage, but there is a general guideline. If the yearly cost of full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your Chevy Malibu claim settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $3,000 after paying your deductible. If you are paying in excess of $300 annually for full coverage, then you may need to consider dropping full coverage.

There are a few cases where dropping full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not remove full coverage.

Insurance in Texas serves several purposes

Despite the potentially high cost of Chevy Malibu insurance, insurance may be mandatory for several reasons.

The benefits of buying enough insurance definitely exceed the price paid, especially when you need to use it. The average driver in Texas overpays as much as $750 every year so smart consumers compare quotes each time the policy renews to ensure rates are inline.

You Can Change Your Insurance Rates

Part of the car insurance buying process is learning some of the elements that help determine your car insurance rates. When you know what positively or negatively controls the rates you pay, this enables informed choices that can earn you better car insurance rates. Lots of factors are part of the equation when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, although others are less apparent such as whether you are married or how financially stable you are.

The itemized list below are a partial list of the pieces that factor into your rate level.

Fewer miles means better prices – Driving a lot of miles in a year the more you will pay for car insurance. Many insurance companies rate vehicles based upon how much you drive. Vehicles that have low annual miles can be on a lower rate level than those that get driven frequently. Ask your agent if your car insurance policy is showing the right rating data, because improper ratings can cost you money. An incorrectly rated Malibu is just wasting money.

Safer cars cost less to insure – Safer cars tend to be cheaper to insure. Safe vehicles reduce the chance of injuries and lower injury rates means lower claim amounts and lower rates for you.

Bad credit hurts insurance rates – Credit score factor in your rate calculation. If your credit score is lower than you’d like, you could pay less to insure your Chevrolet Malibu by improving your rating. Drivers who have high credit scores tend to file fewer claims than those with lower ratings.

Does car insurance cost more for guys? – Statistics demonstrate that women are safer drivers than men. The data does not necessarily mean that men are worse drivers. Males and females cause accidents at a similar rate, but guys tend to have more serious accidents. Men also have more aggressive citations such as reckless driving.

The example below illustrates the comparison of Chevy Malibu auto insurance costs for male and female drivers. The data is based on no tickets, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, marital status is single, and no discounts are taken into consideration.

Prevent theft and save – Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Theft deterrent systems like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping your vehicle from being stolen.

Rates and your address – Being located in less populated areas has it’s advantages if you are looking for the lowest rates. Less people translates into fewer accident claims and lower theft and vandalism rates. People who live in big cities have traffic congestion and longer commutes to work. The longer drive time can result in more accidents.

Getting married reduces risk – Having a significant other can actually save you money on your car insurance policy. It is viewed as being more financially stable and it’s proven that being married results in fewer claims.

Chevy Malibu insurance loss probability – Companies take into consideration historical loss data for every vehicle to determine a rate that will be profitable for them. Models that are shown to have higher prevalence or dollar amount of losses will have higher premium rates. The table below outlines the historical insurance loss data for Chevy Malibu vehicles.

For each coverage category, the loss probability for all vehicles, regardless of make or model, is equal to 100. Percentage values below 100 suggest losses that are better than average, while values that are above 100 point to more losses or a tendency for claims to be larger.

Insurance Loss Ratings for Chevrolet Malibu Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chevrolet Malibu 94 100 109 139 145 120

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

Discounts mean cheaper rates for Chevy Malibu insurance in San Antonio

Insurance is easily one of your largest bills, but you may find discounts to help offset the cost. Certain credits will be shown when you quote, but some need to be inquired about before you will receive the discount.Insurance discounts

You should keep in mind that most discount credits are not given to all coverage premiums. A few only apply to the cost of specific coverages such as liability and collision coverage. Just because it seems like all those discounts means the company will pay you, it doesn’t quite work that way.

The information below illustrates the difference between Chevy Malibu insurance rates with and without discounts applied to the policy rates. The premiums are based on a female driver, a clean driving record, no claims, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, multi-policy, claim-free, and marriage discounts applied.

Auto insurance companies that may offer most of the discounts above include:

When comparing rates, check with all companies you are considering the best way to save money. Savings may not be available in San Antonio. If you would like to choose from a list of providers that offer some of these discounts in San Antonio, follow this link.

You may need specialized car insurance coverage

When buying the best car insurance coverage for your vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs so this has to be addressed.Car insurance savings
For example, these questions may help highlight whether you might need an agent’s assistance.

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Compare prices but still have a neighborhood San Antonio auto insurance agent

Many people would rather have an agent’s advice and doing that can be a smart decision Most agents can help you build your policy and help in the event of a claim. The best thing about getting online price quotes is the fact that drivers can get cheap auto insurance quotes and still buy from a local agent.

Insurance agency in San AntonioOnce you complete this short form, the quote information is submitted to insurance agents in San Antonio that provide free San Antonio auto insurance quotes for your business. You won’t even need to contact any agents because prices are sent to you directly. In the event you want to get a comparison quote for a specific company, don’t hesitate to search and find their rate quote page and fill out the quote form the provide.

Deciding on an provider shouldn’t rely on just a cheap quote. Before buying a policy in San Antonio, get answers to these questions.

Two types of car insurance agents

If you are searching for a reputable agency, you should know the types of agencies and how they are distinctly different. Insurance agencies in San Antonio can either be independent (non-exclusive) or exclusive. Either can handle auto insurance, but it’s worth mentioning why they differ because it can factor into your agent selection.

Exclusive Agencies

Exclusive agents can usually just insure with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Exclusive agencies are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive insurance agents are highly trained on their company’s products which helps offset the inability to provide other markets.

Shown below is a short list of exclusive agencies in San Antonio willing to provide price quotes.

6900 San Pedro Ave #135San Antonio, TX 78216(210) 824-5724View Map

8910 Bandera Rd #110San Antonio, TX 78250(210) 673-2391View Map

2606 TPC Pkwy #107San Antonio, TX 78259(210) 829-1778View Map

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Independent Agents

Agents of this type often have affiliation with several companies and that is an advantage because they can write policies amongst many companies enabling the ability to shop coverage around. To transfer your coverage to a different company, they simply move the coverage in-house which requires no work on your part. If you need cheaper auto insurance rates, you will definitely want to include price quotes from at a minimum one independent agency to get the most accurate price comparison.

Below is a list of independent agencies in San Antonio who can help you get rate quotes.

1534 W Contour Dr #101San Antonio, TX 78212(210) 828-7873View Map

Legion Insurance Agency
5309 Wurzbach RdSan Antonio, TX 78230(210) 693-1501View Map

5300 Walzem RdSan Antonio, TX 78218(210) 646-9870View Map

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After receiving positive responses to your questions and affordable Chevrolet Malibu insurance rates in San Antonio quotes, you may have just found an auto insurance agent that can be relied on to adequately provide auto insurance. Just remember you are able to terminate your policy whenever you choose to so never feel that you’re stuck with your new company with no way to switch.

Cheaper car insurance rates are out there

Budget-conscious Chevy Malibu insurance can be purchased from both online companies in addition to many San Antonio insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies do not provide online quoting and these smaller companies provide coverage only through local independent agents.

When getting San Antonio auto insurance quotes online, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, an insured dropped uninsured motorist or liability limits and discovered at claim time that it was a big error on their part. The goal is to buy enough coverage for the lowest cost but still have enough coverage for asset protection.

In this article, we presented a lot of ways to find cheaper Chevy Malibu insurance in San Antonio. The key thing to remember is the more you quote San Antonio auto insurance, the better your chances of lowering your auto insurance rates. You may even discover the best price on car insurance is with the smaller companies. Regional companies may have significantly lower auto insurance rates on certain market segments compared to the large companies like State Farm or Progressive.

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