If you want to save the most money, the best way to find low-cost prices for Chevy Malibu insurance in Raleigh is to compare prices regularly from insurance carriers in North Carolina.
Step 1: Get an understanding of how insurance companies determine prices and the things you can control to drop your rates. Many factors that result in higher rates like traffic citations, accidents, and poor credit history can be controlled by making minor changes to your lifestyle.
Step 2: Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive and State Farm, while independent agents can provide price quotes from multiple insurance companies.
Step 3: Compare the new rate quotes to the premium of your current policy to see if a cheaper rate is available. If you can save some money and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Give notification to your agent or company of your intent to cancel your current coverage. Submit the completed application along with a down payment to the newly selected company. Make sure you keep your new proof of insurance paperwork somewhere easily accessible.
An important bit of advice to remember is to use identical limits and deductibles on every price quote and and to compare as many different insurance providers as possible. This provides the most accurate price comparison and a complete price analysis.
We don’t have to point out that fact that auto insurance companies don’t want you to compare rates. Consumers who compare rates at least once a year will presumably switch companies because there is a good chance of finding lower rate quotes. Surprisingly, a recent survey revealed that people who regularly compared price quotes saved approximately $3,400 over four years compared to other drivers who didn’t regularly shop around.
If finding the cheapest price for Chevy Malibu insurance is your goal, then knowing how to quote and compare insurance can save time and money.
If you’re already insured, you should be able to save money using the ideas you’re about to read. Shopping around for the most affordable protection in Raleigh is not as hard as you may think. But North Carolina car owners must know how insurance companies market insurance on the web because rates fluctuate considerably.
Best companies for Chevy Malibu insurance
The providers in the list below offer comparison quotes in North Carolina. If you want to find cheaper car insurance in North Carolina, we suggest you get prices from several of them to get a more complete price comparison.
Chevy Malibu insurance rate analysis
The coverage information below outlines detailed analysis of insurance policy prices for Chevy Malibu models. Learning as much as possible about how insurance quotes are figured can help you make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $150 | $276 | $240 | $14 | $72 | $752 | $63 |
| Malibu Hybrid | $150 | $276 | $240 | $14 | $72 | $752 | $63 |
| Malibu LT | $170 | $276 | $240 | $14 | $72 | $772 | $64 |
| Malibu LTZ | $170 | $324 | $240 | $14 | $72 | $820 | $68 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Prices do not factor in your specific Raleigh location which can raise or lower premium rates significantly.
The chart below highlights how deductible choice and can increase or decrease Chevy Malibu insurance prices for each different age category. The price estimates are based on a married female driver, full physical damage coverage, and no policy discounts are applied.
How accidents and violations affect rates
The information below demonstrates how speeding tickets and accidents raise Chevy Malibu car insurance rates for each different age category. The rate quotes are based on a married male driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
Gender differences in auto insurance premiums
The example below compares Chevy Malibu insurance costs for male and female drivers. The data is based on no accidents or driving violations, comprehensive and collision coverage, $500 deductibles, drivers are single, and no policy discounts are applied.
Learn How to Lower Your Insurance Prices
Lots of things are considered when pricing auto insurance. Some are obvious such as your driving record, but others are not as apparent like where you live or how financially stable you are. A large part of saving on auto insurance is knowing some of the elements that go into determining the level of your policy premiums. When you understand what impacts premium levels, this allows you to make good choices that will entitle you to cheaper rates.
Prices impacted by vehicle usage – Driving more miles each year the more it will cost to insure it. A lot of insurance companies charge to insure your cars partially by how you use the vehicle. Autos not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. It’s always a good idea to double check that your auto insurance declarations sheet shows the proper vehicle usage. A policy that improperly rates your Malibu is throwing money out the window.
Stress out and pay more – Careers like military personnel, social workers, and dentists generally pay higher premiums than the average policyholder due to intense work situations and lengthy work days. Conversely, occupations such as actors, students and the unemployed have the lowest average rates.
Insurance premiums are higher for high performance vehicles – The performance level of the car, truck or SUV you need to insure makes a huge difference in your auto insurance rates. Small economy passenger cars generally receive the lowest base rates, but that’s not the only thing that factors into the final price.
The data below is based on a married male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Chevrolet Malibu insurance rates compared to other models that have different performance rating factors.
Safer occupants lowers premiums – Safer cars tend to be cheaper to insure. The safest vehicles result in less severe injuries and lower rates of occupant injuries means lower claim amounts and lower rates for you.
Policy add-ons add up – There are a lot of optional add-on coverages that can add up when buying auto insurance. Coverage for things like roadside assistance, accident forgiveness, and extra life insurance coverage are examples of these. These may sound like a good investment when discussing your needs, but your needs may have changed so remove them from your policy.
Loss statistics for a Chevy Malibu – Insurers take into consideration historical loss data for every vehicle to determine a price that will be profitable for them. Models that the data determines to have higher claim frequency or loss amount will have a higher premium rate.
The table below outlines the loss history for Chevy Malibu vehicles. For each policy coverage, the statistical loss for all vehicles, as an average, is considered to be 100. Percentages below 100 imply a favorable loss record, while percentage values above 100 indicate more frequent claims or a tendency for claims to be larger.
| Specific Chevrolet Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Malibu | 94 | 100 | 109 | 139 | 145 | 120 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Save with these discounts on Chevy Malibu insurance in Raleigh
Insurance can be prohibitively expensive, but you can get discounts that you may not even be aware of. Many discounts should be triggered when you complete an application, but some need to be manually applied in order for you to get them.
- Low Miles Discount – Low mileage vehicles could earn slightly better car insurance rates than normal.
- Anti-theft Discount – Cars equipped with anti-theft or alarm systems are stolen less frequently and can earn a small discount on your policy.
- Driver Education Discount – Require your teen driver to complete a driver education course in school or through a local driver safety program.
- Professional Organizations – Joining certain professional organizations is a simple method to lower premiums when shopping for car insurance.
- Accident Forgiveness Coverage – Not really a discount, but companies like Liberty Mutual, Allstate and State Farm allow you one accident before raising your premiums with the catch being you have to be claim-free for a certain period of time.
- Telematics Devices – Raleigh drivers who agree to allow driving data collection to scrutinize driving patterns by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot may see discounts if their driving habits are good.
We need to note that some credits don’t apply to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. Even though the math looks like all those discounts means the company will pay you, you’re out of luck.
The illustration below shows the comparison of Chevy Malibu premium costs with and without discounts being applied to the rates. The prices are based on a female driver, no tickets, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-car, claim-free, and multi-policy discounts applied.
A partial list of companies that may offer quotes with these discounts include:
When quoting, ask all the companies which credits you are entitled to. Some discounts listed above may not apply to policyholders in your state. To see car insurance companies that offer some of these discounts in North Carolina, follow this link.
Compare rate quotes but buy from a neighborhood Raleigh auto insurance agent
Many drivers prefer to buy from a licensed agent and that can be a smart move One of the great benefits of getting free rate quotes online is you can get cheap car insurance rates and still buy from a local agent. And buying from neighborhood insurance agencies is definitely important in Raleigh.
Upon completion of this quick form, your insurance coverage information is instantly submitted to local insurance agents who will give competitive quotes and help you find cheaper coverage. You never need to leave your computer because quoted prices will be sent to you. You can find the lowest rates and a licensed agent to talk to. If you want to compare prices for a specific company, just visit that company’s website to submit a rate quote request.
If you want to buy car insurance from a local Raleigh insurance agency, you should know the different agency structures and how they operate. Car insurance agencies are considered either independent or exclusive.
Independent Agents (or Brokers)
These agents are not required to write business for one company and that allows them to write policies amongst many companies depending on which coverage is best. If they quote lower rates, your policy is moved internally which requires no work on your part.
When comparison shopping, you will definitely want to get insurance quotes from at least one independent agent in order to have the best price comparison. Most also have access to smaller mutual companies that many times have cheaper rates.
Shown below is a small list of independent insurance agencies in Raleigh who may provide pricing information.
- Nationwide Insurance: Christopher D Edwards Agency
3901 Capital Blvd Ste 121 – Raleigh, NC 27604 – (919) 872-0130 – View Map - Snipes Insurance Services Inc
617 Oberlin Rd – Raleigh, NC 27605 – (919) 571-4335 – View Map - Matt Roberts Agency, Inc.
1151 Falls River Avenue, Suite 105-A – Raleigh, NC 27614 – (919) 845-2999 – View Map
Exclusive Insurance Agents
Agents that elect to be exclusive normally can only provide a single company’s rates and examples are American Family, State Farm, and AAA. They are unable to provide prices from multiple companies so always compare other rates. Exclusive agencies receive a lot of sales training on sales techniques which helps overcome the inability to quote other rates. Consumers sometimes purchase coverage from exclusives partially due to the prominence of the brand rather than having low rates.
Below are exclusive agents in Raleigh who can help you get rate quotes.
- Lindsay Gianni – State Farm Insurance Agent
12333 Strickland Rd #106 – Raleigh, NC 27613 – (919) 329-2913 – View Map - Amanda Hagood – State Farm Insurance Agent
5910 Duraleigh Rd #135 – Raleigh, NC 27612 – (919) 834-3615 – View Map - State Farm: Jerome Murray
8410 Louisburg Rd #100 – Raleigh, NC 27616 – (919) 266-9371 – View Map
Deciding on a car insurance agent shouldn’t rely on just a cheap price quote. Any agent in Raleigh should have no problem answering these questions:
- How long have they worked with personal auto insurance coverage?
- If you have an accident, will your rates go up?
- Does the quote include credit and driving reports?
- Is their price quote a firm figure or are their hidden costs?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Does the agency provide any after hours assistance?
Best auto insurance company in North Carolina
Finding the right company can be challenging considering how many companies are available to choose from in North Carolina. The company information below could help you select which companies you want to consider comparing rate quotes with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Car insurance is unique, just like you
When buying proper insurance coverage, there really is not a perfect coverage plan. Everyone’s needs are different and your car insurance should be unique as well.
For instance, these questions may help you determine whether or not you would benefit from professional advice.
- Should I have a commercial auto policy?
- Should I buy additional glass protection?
- When should my teen driver be added to my policy?
- Do I need more liability coverage?
- Is my trailer covered?
- Am I covered when driving a rental car?
- Am I getting all the discounts available?
- What can I do if my company denied a claim?
- What is the ISO rating for a Chevy Malibu?
If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.
Cover all your bases
When searching for affordable Raleigh auto insurance quotes, don’t be tempted to skimp on coverage in order to save money. There have been many cases where drivers have reduced full coverage to discover at claim time that it was a big mistake. Your focus should be to get the best coverage possible at the best price, but don’t skip important coverages to save money.
Budget-conscious Chevy Malibu insurance is definitely available online and from local agencies, and you should compare rates from both so you have a total pricing picture. There are still a few companies who may not have internet price quotes and many times these regional carriers sell through local independent agencies.
Helpful learning opportunities
- Five Mistakes to Avoid (Insurance Information Institute)
- How Much is Raleigh Auto Insurance for Safe Drivers? (FAQ)
- Who Has Affordable Raleigh Car Insurance for Veterans? (FAQ)
- Who Has Cheap Raleigh Auto Insurance Quotes for a 20 Year Old Male? (FAQ)
- What Insurance is Cheapest for Lyft Drivers in Raleigh? (FAQ)
- A Tree Fell on Your Car: Now What? (Allstate)
- Child Safety FAQ (iihs.org)
- Auto Crash Statistics (Insurance Information Institute)