Are you doing reasearch to find lower-priced Chevy Malibu insurance in Denver? Searching for cheaper Denver Chevy Malibu insurance quotes may be somewhat difficult for beginners to shopping for insurance on the internet. With so many insurers to choose from, how are we expected to be able to compare every company in order to find better car insurance prices?

Insurance rates Chevy Malibu in DenverA recent study showed that a large majority of drivers have stayed with the same insurance company for over three years, and approximately 38% of consumers have never quoted car insurance rates at all. The average driver in the United States could cut their rates by approximately $850 a year just by comparing rates, but most just don't grasp how much savings they would realize if they changed companies.

Our objective in writing this article is to introduce you to how car insurance works and some money-saving tips. If you are already insured, you will most likely be able to save money using these tips. Although Colorado consumers should learn how big insurance companies compete online because rates fluctuate considerably.

How to compare Denver Chevy Malibu insurance rate quotes

The majority of larger companies like Allstate, GEICO and Progressive make it easy to get prices directly from their websites. Comparing Chevy Malibu insurance rates online is quite simple as you just enter the amount of coverage you want into the quote form. When complete, their quoting system pulls information on your driving record and credit history and generates pricing information determined by many factors.

Quoting online for Chevy Malibu insurance in Denver streamlines rate comparisons, and it's necessary to do this in order to get lower-cost prices.

To save time and compare pricing, compare quotes from the companies shown below. To compare your current rates, we recommend you enter coverages and limits exactly as they are listed on your policy. Doing this assures you are getting rate quotes for exact coverage.

The companies shown below provide free quotes in Denver, CO. If multiple companies are shown, it's highly recommended you visit two to three different companies in order to get a fair rate comparison.

Chevrolet Malibu Insurance Rates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $170 $306 $330 $20 $98 $924 $77
Malibu Hybrid $234 $448 $396 $24 $118 $1,220 $102
Malibu LT $182 $326 $456 $28 $136 $1,128 $94
Malibu LTZ $240 $492 $456 $28 $136 $1,352 $113
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Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rates do not factor in vehicle location which can impact premium rates considerably.

Deductible comparison

When buying auto insurance, a common question is how high or low should comp and collision deductibles be. The tables below can help you visualize the rate differences between high and low physical damage coverage deductibles. The first data set uses a $100 deductible for physical damage and the second rate table uses a $500 deductible.

Chevrolet Malibu insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $302 $546 $352 $20 $106 $1,351 $113
Malibu Hybrid $302 $546 $352 $20 $106 $1,351 $113
Malibu LT $342 $546 $352 $20 $106 $1,391 $116
Malibu LTZ $342 $644 $352 $20 $106 $1,489 $124
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Chevrolet Malibu insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $220 $368 $352 $20 $106 $1,066 $89
Malibu Hybrid $220 $368 $352 $20 $106 $1,066 $89
Malibu LT $250 $368 $352 $20 $106 $1,096 $91
Malibu LTZ $250 $434 $352 $20 $106 $1,162 $97
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Table data does not factor in vehicle garaging location which can change coverage prices noticeably.

Based on these figures, using a $100 deductible costs approximately $25 more each month or $300 each year than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you go more than 16 months between claims, you would probably save some money by selecting a higher deductible.

How to calculate deductible break even point

Average monthly premium for $100 deductibles: $117
Average monthly premium for $500 deductibles (subtract): - $92
Monthly savings from raising deductible: $25
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $25
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

An important thing to remember is that increasing deductibles to lower your rates means you pay more out-of-pocket when you have a claim. You should have some savings in the event you need to pay more for the deductible.

Violations and accidents raise rates

The diagram below shows how violations and at-fault fender-benders raise Chevrolet Malibu car insurance rates for each age group. The data assumes a single male driver, full coverage, $500 deductibles, and no additional discounts are factored in.

Three reasons car insurance is important

Despite the fact that car insurance is not cheap in Denver, insuring your vehicle is not optional due to several reasons.

The benefits of having insurance are without a doubt worth the cost, particularly for liability claims. The average driver in Colorado overpays as much as $869 every year so it's important to compare rates each time the policy renews to ensure rates are competitive.

Get cheaper Chevy Malibu insurance in Denver with discounts

Auto insurance is not cheap nor is it fun to buy but you might find some hidden discounts that can help lower your rates. Certain credits will be shown at the time you complete a quote, but some may not be applied and must be asked for before you will receive the discount.Discount auto insurance

A quick disclaimer, most of the big mark downs will not be given to the entire cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like adding up those discounts means a free policy, companies don't profit that way.

The best auto insurance companies and a selection of discounts are shown below.

When quoting, ask every insurance company to apply every possible discount. Some of the discounts discussed earlier may not be offered in Denver. If you would like to view providers who offer online Chevy Malibu insurance quotes in Denver, click here.

Compare rates but buy from a local neighborhood Denver car insurance agent

Certain consumers would rather buy from a licensed agent and that is just fine! One of the best bonuses of getting free rate quotes online is that you can obtain lower rates and still have an agent to talk to. And supporting local insurance agents is especially important in Denver.

Denver insurance agentsTo help locate an agent, after submitting this form (opens in new window), your insurance data is transmitted to local insurance agents who will give you bids for your insurance coverage. You never need to search for any insurance agencies since price quotes are sent directly to you. You can find lower rates and a licensed agent to talk to. In the event you want to compare rates from one company in particular, you would need to jump over to their website and fill out the quote form the provide.

If you prefer to buy insurance from an insurance agent, it helps to know the two different types of agents that you can choose from. Insurance agents in Denver can be categorized as either exclusive or independent agents depending on their company appointments.

Independent Insurance Agencies

These type of agents are not limited to a single company so they can insure your vehicles amongst many companies enabling the ability to shop coverage around. If your agent finds better pricing, the business is moved internally which is easy for the insured.

When comparison shopping, you definitely need to include rate quotes from a few independent agents in order to compare the most rates. Many independent agencies also insure through different regional companies that many times have cheaper rates.

Featured below is a list of independent insurance agents in Denver who can help you get free price quotes.

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Exclusive Insurance Agencies

Exclusive agents work for only one company and examples are Allstate, AAA, Farmers Insurance, and State Farm. They are unable to compare other company's rates so you need to shop around if the rates are high. Exclusive agencies are well trained on the products they sell and that can be a competitive advantage. Drivers often buy from the same agent for years mostly because of the brand and the convenience of having a single billing for all their coverages.

The following are exclusive insurance agencies in Denver that are able to give rate quotes.

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Picking the best insurance agent needs to be determined by more than just the price. These are some questions you should get answers to.

Car insurance is unique, just like you

When quoting and comparing your policy, there is no perfect coverage plan. Everyone's situation is unique and a cookie cutter policy won't apply.Drive safe and save These are some specific questions could help you determine whether or not you will benefit from professional help.

If you don't know the answers to these questions then you might want to talk to an insurance agent. If you don't have a local agent, complete this form or go to this page to view a list of companies.

Frequent quotes can save

In this article, we covered some good ideas how to find cheap Chevy Malibu insurance in Denver. It's most important to understand that the more rate quotes you have, the higher your chance of finding inexpensive Denver auto insurance quotes. You may even be surprised to find that the lowest car insurance rates are with the least-expected company. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.

As you go through the steps to switch your coverage, make sure you don't buy less coverage just to save a little money. There are a lot of situations where someone dropped uninsured motorist or liability limits only to regret at claim time they didn't have enough coverage. Your goal should be to find the BEST coverage at the lowest possible cost but still have enough coverage for asset protection.

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