Compare Chevy Malibu Insurance Quotes in Sacramento

Are you kicking yourself for buying an overpriced car insurance policy? Trust us when we tell you there are many Sacramento drivers thinking the same thing.

Unthinkable but true, a large majority of drivers have been with the same company for more than four years, and approximately 38% of consumers have never compared rates with other companies. U.S. insurance shoppers could save themselves approximately $859 a year just by getting comparison quotes, but they just don’t understand how much savings they would realize if they switch to a new company.

With so many car insurance companies to choose from, it is very difficult to pick a lower cost company.

You need to price shop coverage on a regular basis because car insurance prices change frequently. Just because you had the lowest quotes on Chevy Malibu insurance in Sacramento at your last renewal you can probably find a lower rate today. Forget all the misinformation about car insurance because you’re going to get a crash course in the tricks you need to know to find lower rates on car insurance.

When shopping for inexpensive Sacramento auto insurance quotes, there are a couple of ways of comparing rates from many auto insurance companies in California. The recommended way to find affordable Chevy Malibu insurance rates involves getting comparison quotes online.

Getting rates online is very simple and it takes the place of having to call or drive to each insurance agency near you. Comparing Chevy Malibu insurance rate quotes online makes this process obsolete unless you have a need for the personal advice of a local Sacramento agent. Although you can price shop your coverage online and have a local agent actually service the policy.

Just keep in mind that comparing more quotes increases the chance that you will find a lower rate than you’re paying now.

The auto insurance companies shown below have been selected to offer comparison quotes in California. If multiple companies are listed, we suggest you get rates from several of them in order to find the most affordable rates.

Rates and information analytics

The information shown below outlines estimates of policy rates for Chevy Malibu models. Learning as much as possible about how insurance premiums are formulated can assist in making smart choices when purchasing an insurance policy.

Data based on single male driver age 50, 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. Rate information does not factor in garaging location in Sacramento which can increase or decrease premium rates noticeably.

How high should deductibles be?

A question often asked by Sacramento drivers is how high or low should comp and collision deductibles be. The rates shown below outline the difference in cost between low and high deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in zip code location which can decrease or increase premiums significantly.

Using the data above, we can ascertain that using a $250 deductible costs about $33 more each month or $396 annually averaged for all Malibu models than selecting the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 23 months between claim filings, you would come out ahead if you choose a higher deductible.

The illustration below demonstrates how deductible levels and can change Chevy Malibu insurance rates for different insured age categories. The prices are based on a married male driver, full physical damage coverage, and no discounts are taken into consideration.

How much more does full coverage cost in Sacramento?

The diagram below shows the comparison of Chevy Malibu auto insurance rates with liability coverage only compared to full coverage. The data assumes no driving violations, no at-fault accidents, $250 deductibles, drivers are not married, and no other discounts are factored in.

When to eliminate full coverage

There is no exact rule to drop full coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

For example, let’s say your Chevy Malibu settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $4,000 after paying your policy deductible. If you are paying in excess of $400 annually to have full coverage, then you may want to consider only buying liability coverage.

There are a few cases where dropping physical damage coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not buy liability only.

Auto insurance does more than just protect your car

Even though it can be expensive, paying for auto insurance serves an important purpose.

• Most states have mandatory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance coverage in order to drive the car legally. 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 you took out a loan on your Malibu, it’s most likely the lender will require you to buy insurance to guarantee payment of the loan. If you do not keep the policy in force, the bank will be required to insure your Chevy for a lot more money and force you to pay for the much more expensive policy.
• Auto insurance preserves both your Chevy Malibu and your assets. Insurance will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability insurance will also pay attorney fees if you are sued as the result of your driving. If your car is damaged in a storm or accident, your auto insurance policy will pay to repair the damage minus the deductible amount.

The benefits of carrying adequate insurance greatly outweigh the cost, especially if you ever need it. According to a recent study, the average American driver is currently overpaying as much as $800 each year so it’s recommended you shop around at least once a year to help ensure money is not being wasted.

Specific coverages for a Chevy Malibu

Understanding the coverages of auto insurance helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are the normal coverages found on the average auto insurance policy.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for expenses like hospital visits, doctor visits, pain medications, chiropractic care and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Comprehensive insurance – This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like rock chips in glass, hitting a deer and fire damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage provides protection when other motorists either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Chevy Malibu.

Because many people have only the minimum liability required by law (which is 15/30/5), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability insurance – Liability insurance can cover injuries or damage you cause to other people or property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 15/30/5 which means a limit of $15,000 per injured person, $30,000 for the entire accident, and a total limit of $5,000 for damage to vehicles and property.

Liability coverage protects against things like structural damage, medical services, pain and suffering, legal defense fees and funeral expenses. How much coverage you buy is your choice, but consider buying as large an amount as possible. California state minimum liability requirements are 15/30/5 but it’s recommended drivers buy better liability coverage.

The illustration below demonstrates why minimum state limits may not be high enough to adequately cover claims.

Collision – Collision coverage pays for damage to your Malibu resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as rolling your car, crashing into a building, damaging your car on a curb and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible on your Malibu to bring the cost down.

Best auto insurance company in Sacramento

Selecting the best car insurance company can be difficult considering how many choices there are in California. The rank data listed below could help you decide which car insurance companies you want to consider when comparing rate quotes.

Top 10 Sacramento Car Insurance Companies Ranked by Customer Satisfaction

1. Titan Insurance – 95%
2. USAA – 94%
3. AAA of Southern California – 92%
4. AAA Insurance – 91%
5. Nationwide – 90%
6. State Farm – 90%
7. The Hartford – 89%
8. GEICO – 89%
9. The General – 88%
10. 21st Century – 88%

Top 10 Sacramento Car Insurance Companies Overall

1. USAA
2. American Family
3. AAA of Southern California
4. State Farm
5. The Hartford
6. AAA Insurance
7. GEICO
8. The General
9. Titan Insurance
10. Progressive