Cheap Insurance Quotes for a Chevrolet Malibu in North Carolina

The chances that you’ll find the cheapest auto insurance for a Chevrolet Malibu in North Carolina depends upon a complicated formula that considers factors such as whether the vehicle is new, if you are a frequent claim filer, and your motor vehicle report. Drivers will pay around $710 each year to insure a Malibu, but that is a ballpark figure based on rate data for a 40-year-old single male who requires full coverage and $500 physical damage deductibles.

There is a good chance you are not 40 and maybe not even a male, maybe you are married instead of single, or maybe you are just looking for cheap liability insurance. Just a very minor change in rating criteria or coverage limits can make a big difference in the rate quoted for a Chevrolet Malibu.

Auto insurance prices are based on the driver profile the best way to find cheap insurance prices for your Chevrolet is to compare as many rates as you can.

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The trim level of your Chevrolet will be a contributing factor to the annual cost of coverage, so the cost to insure a Malibu LS trim level will cost $74 less than the cost to insure the higher-priced Malibu LTZ trim level, as shown in the chart below.

Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Rates do not factor in zip code location which can affect insurance rates significantly.

Insuring your vehicle with a high-quality insurance company can be a challenge considering how many companies sell insurance in North Carolina. The rank data listed below could help you decide which car insurance companies to look at when comparing rate quotes. The rankings below are for companies that write coverage in many states, so companies with more of a regional focus are not included in these rankings.

Top 10 Large Auto Insurers in North Carolina Ranked by Customer Service

1. USAA
2. Travelers
3. AAA Insurance
4. Nationwide
5. Safeco Insurance
6. Progressive
7. State Farm
8. The Hartford
9. The General
10. Esurance

Top Companies for Chevrolet Malibu Insurance in North Carolina

The illustration below illustrates how your choice of deductibles can change premium costs when getting quotes for cheap insurance for a Chevrolet Malibu. Data assumes a single male driver, comp and collision included, and no additional discounts are factored in.

A 50-year-old driver could lower their car insurance rates by $286 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $432 by changing to a $1,000 deductible. Younger drivers, such as the 20-year-old example, have the ability to save $944 or even more by choosing larger deductibles on their policy. When raising deductibles, it is essential to have plenty of savings on hand to enable you to pay the extra out-of-pocket expense that is associated with using high deductibles.

Violations and accidents raise rates

The obvious way to receive the most affordable auto insurance rates for a Malibu is to be a cautious driver and have a clean driving record. The example below demonstrates how traffic citations and at-fault fender-benders can influence insurance costs for each different age group. The data is based on a married male driver, full coverage, $1,000 deductibles, and no policy discounts are applied.

The data charted above shows the average cost of an auto insurance policy in North Carolina per year with no accidents or violations is $1,132. Receive two speeding tickets and the average cost increases to $1,554, an increase of $422 each year. Now add two accidents along with the two speeding tickets and the 12-month cost of auto insurance for a Chevrolet Malibu goes up to an average of $3,254. That’s an increase of $2,122, or $177 per month, just for being a careless driver!

How to get cheap insurance for a Chevrolet Malibu in North Carolina

Below you’ll find some of the recommended penny-pinching ideas that can help you quote lower-cost car insurance.

• Violations and traffic tickets increase rates
• Drop full coverage on older vehicles
• Improve your credit rating
• Prevent price hikes by avoiding at-fault accidents
• Safe vehicles cost less to insure
• Raise deductibles
• Compare rates regularly and switch companies to save money

The last idea is certainly vital, as we pointed out in this piece. Car insurance rates in North Carolina vary considerably, so drivers shouldn’t be reluctant to change insurance companies if a cheaper price is available.

Many drivers tend to have loyalty to a certain company, but it’s not a good idea if it’s costing you major coinage every year. Take a few minutes and compare prices and find cheaper car insurance for a Chevrolet Malibu.