Do you want lower-priced Chevy Malibu insurance in Boston? Locating cheaper insurance for your Chevy Malibu in Massachusetts can normally be an all-consuming task, but you can follow our car insurance buying tips to find lower rates.
There is a right way and a wrong way to buy car insurance so you’re going to learn the best way to quote coverages for your Chevy and find the cheapest rates.
You should take the time to compare prices at least once a year because prices are variable and change quite frequently. Despite the fact that you may have had the best rates on Chevy Malibu insurance in Boston six months ago you will most likely find a better premium rate today. You’ll find a ton of advice on Malibu insurance on the internet, but I’m going to show you some of the best techniques to quit paying high car insurance rates in Boston.
Best companies for cheap Chevy Malibu insurance in Massachusetts
The following companies can provide comparison quotes in Massachusetts. If you want the best car insurance in MA, it’s a good idea that you visit as many as you can to find the most competitive car insurance rates.
Rate information and statistics
The data table shown below outlines detailed analysis of rate quotes for Chevy Malibu models. Having a good understanding how insurance policy premiums are determined can be valuable when making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $248 | $492 | $434 | $26 | $130 | $1,330 | $111 |
| Malibu Hybrid | $248 | $492 | $434 | $26 | $130 | $1,330 | $111 |
| Malibu LT | $280 | $492 | $434 | $26 | $130 | $1,362 | $114 |
| Malibu LTZ | $280 | $580 | $434 | $26 | $130 | $1,450 | $121 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in Boston location which can decrease or increase price quotes significantly.
Physical damage deductible comparison
One of the more difficult decisions when buying insurance is how high should your deductibles be. The rates below sum up the differences in price when you buy lower versus higher policy deductibles. The first set of prices uses a $100 deductible for physical damage and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $288 | $520 | $334 | $20 | $100 | $1,287 | $107 |
| Malibu Hybrid | $288 | $520 | $334 | $20 | $100 | $1,287 | $107 |
| Malibu LT | $324 | $520 | $334 | $20 | $100 | $1,323 | $110 |
| Malibu LTZ | $324 | $612 | $334 | $20 | $100 | $1,415 | $118 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $210 | $350 | $334 | $20 | $100 | $1,014 | $85 |
| Malibu Hybrid | $210 | $350 | $334 | $20 | $100 | $1,014 | $85 |
| Malibu LT | $236 | $350 | $334 | $20 | $100 | $1,040 | $87 |
| Malibu LTZ | $236 | $414 | $334 | $20 | $100 | $1,104 | $92 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rates do not factor in Boston location which can influence coverage prices considerably.
Using the premium rates above, we can conclude that using a $100 deductible will cost you about $24 more each month or $288 annually than quoting the higher $500 deductible. Because you would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 17 months between claims, you would most likely save money if you choose the higher deductible.
The chart below demonstrates how deductible levels and can impact Chevy Malibu insurance prices for different ages of insureds. The prices are based on a married female driver, full physical damage coverage, and no discounts are applied.
Difference between liability only and full coverage rates
The chart below shows the difference between Chevy Malibu car insurance costs with full physical damage coverage compared to only buying liability only. The data assumes a clean driving record, no claims, $250 deductibles, single status, and no additional discounts are factored in.
When to stop buying physical damage coverage
There is no set guideline to delete full coverage, but there is a general convention. If the annual cost of coverage is more than about 10% of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.
For example, let’s assume your Chevy Malibu settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $2,000 after paying your deductible. If premiums are more than $200 a year for your policy with full coverage, then it might be time to buy liability only.
There are some circumstances where buying only liability insurance is not advised. If you still have a loan on your vehicle, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should maintain full coverage.
Discounts mean cheaper rates for Chevy Malibu insurance in Boston
Companies don’t always list all discounts in an easy-to-find place, so the list below contains a few of the more common and the harder-to-find credits available to lower your premiums when you buy Boston auto insurance online.
- Senior Citizens – Older drivers can possibly qualify for a slight reduction on a Boston auto insurance quote.
- Sign Early and Save – A few insurance companies give discounts for buying a new policy prior to the expiration date on your current Malibu insurance policy. It’s a savings of about 10%.
- Military Rewards – Having an actively deployed family member could be rewarded with lower premium rates.
- ABS Brakes – Cars with ABS and/or traction control are safer to drive and earn discounts up to 10%.
- Save with More Vehicles Insured – Buying insurance for primary and secondary vehicles with the same car insurance company can get a discount on all vehicles.
- Savings for New Vehicles – Buying a new car model may earn a small discount since newer models have better safety ratings.
- Homeowners Savings – Owning a house in Boston can help you save on car insurance because of the fact that having a home shows financial diligence.
- No Claims – Insureds who avoid accidents and claims have much lower rates in comparison with insureds who have frequent claims or accidents.
- Student Discounts – Maintaining excellent grades could provide a savings of up to 20% or more. Earning this discount can benefit you up until you turn 25.
- Discount for Low Mileage – Low mileage vehicles can earn slightly better car insurance rates than normal.
It’s important to understand that most discounts do not apply to the entire policy premium. Some only apply to specific coverage prices like collision or personal injury protection. Despite the fact that it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.
The example below shows the difference between Chevy Malibu yearly insurance costs with and without discounts applied to the premium. The rate quotes are based on a female driver, a clean driving record, no at-fault accidents, Massachusetts state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-policy, multi-car, and claim-free discounts applied.
A partial list of companies that may offer quotes with most of the discounts above are:
Before purchasing a policy, check with all companies you are considering how many discounts you can get. Depending on the company, some discounts might not be offered on policies in your area. To find insurers that offer discounts in Massachusetts, click this link.
When in doubt talk to an agent
When buying a policy for your vehicles, there really isn’t a “perfect” insurance plan. Everyone’s situation is unique.
These are some specific questions may help you determine whether you will benefit from professional help.
- Do I have coverage when pulling a U-Haul trailer?
- What is medical payments coverage?
- Are rental cars covered under my policy?
- What states are considered no-fault?
- What exactly is covered by my policy?
- Should I buy full coverage?
- Am I better off with higher deductibles on my Chevy Malibu?
- Should I sign the liability waiver when renting a car?
- How can I get my company to pay me more for my totaled car?
- Which is better, split liability limits or combined limits?
If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.
Local Boston auto insurance agents
Some consumers would prefer to visit with an insurance agent and that is recommended in a lot of cases Licensed agents can make sure you are properly covered and help you file claims. A good thing about comparing insurance prices online is that you can find lower rates and still have an agent to talk to. Supporting local agencies is important especially in Boston.
By using this simple form, your insurance data is sent to local insurance agents that give free quotes for your business. There is no reason to leave your house as quotes are delivered immediately to your email address. If you have a need to quote rates from a specific insurance company, feel free to visit that company’s website and fill out the quote form the provide.
When looking for a local insurance agency, it’s important to understand the types of insurance agents and how they differ in how they quote coverages. Insurance agencies in Boston can be described as either independent or exclusive depending on the company they work for. Both properly insure your vehicles, but it’s worth learning how they are different since it may influence buying decisions.
Independent Agencies or Brokers
Agents of this type are not employed by one company and that allows them to write policies with multiple insurance companies and get you the best rates possible. To move your coverage to a new company, they can switch companies in-house and you don’t have to do anything.
When comparison shopping, you need to include rate quotes from several independent insurance agents to get the best comparison. Most also have access to less well-known companies that may have much lower rates than larger companies.
Listed below is a partial list of independent agents in Boston that may be able to give you comparison quotes.
- MassDrive Insurance Group, LLC
241 A St – Boston, MA 02210 – (866) 963-8231 – View Map - William J Higgins Insurance
45 L St – South Boston, MA 02127 – (617) 269-4040 – View Map - Merrimack Valley Insurance Agency Inc
655 Boston Rd #1a – Billerica, MA 01821 – (978) 330-6985 – View Map
Exclusive Agencies
Exclusive insurance agents can only place business with one company like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot provide other company’s prices so if the price isn’t competitive there isn’t much they can do. They are trained well on the products they sell which helps them compete with independent agents. Consumers sometimes buy from exclusive agents mostly because of the prominent brand name and the convenience of having a single billing for all their coverages.
Below is a list of exclusive insurance agencies in Boston willing to provide price quote information.
- Allstate Insurance: Abner Joseph
571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490 – View Map - AAA Boston
125 High St – Boston, MA 02110 – (617) 443-9300 – View Map
Finding the right car insurance agent requires you to look at more than just a cheap price. Any agent in Boston should have no problem answering these questions:
- How long has their agency been open in Boston?
- How much can you save by raising your physical damage deductibles?
- Will high miles depreciate repair valuations?
- What company holds the largest book of business for them?
- Where would glass claims be handled in Boston?
- Is auto insurance their primary focus in Boston?
- Do they see any coverage gaps in your plan?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
Car insurance coverage information
Having a good grasp of your policy can be of help when determining which coverages you need and proper limits and deductibles. Auto insurance terms can be confusing and coverage can change by endorsement.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like dental work, rehabilitation expenses and funeral costs. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. They cover you and your occupants and also covers getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Comprehensive or Other Than Collision – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things like hitting a deer, hail damage and theft. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
UM/UIM Coverage – This gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Chevy Malibu.
Since a lot of drivers only purchase the least amount of liability that is required (20/40/5), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.
Coverage for liability – This coverage protects you from damages or injuries you inflict on other people or property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 20/40/5 that means you have a $20,000 limit per person for injuries, a total of $40,000 of bodily injury coverage per accident, and a total limit of $5,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.
Liability can pay for claims such as medical expenses, repair costs for stationary objects, pain and suffering and structural damage. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford. Massachusetts requires minimum liability limits of 20/40/5 but it’s recommended drivers buy more liability than the minimum.
The illustration below shows why buying minimum limits may not be adequate.
Collision coverage – This coverage will pay to fix damage to your Malibu from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like colliding with a tree, scraping a guard rail and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible on your Malibu in order to get cheaper collision rates.
How to find a good Boston car insurance company
Picking a high-quality auto insurance company is difficult considering how many choices there are in Boston. The rank data in the next section may help you decide which providers to look at comparing rate quotes with.
Top 10 Boston Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- Titan Insurance
- The Hartford
- American Family
- Progressive
- USAA
- Travelers
- State Farm
- GEICO
- Allstate
Keep this in mind when shopping around
Cost effective Chevy Malibu insurance is definitely available online as well as from independent agents in Boston, and you should be comparing both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and these regional insurance providers prefer to sell through local independent agents.
Drivers leave their current company for any number of reasons including high prices, policy cancellation, lack of trust in their agent or even being labeled a high risk driver. It doesn’t matter why you want to switch finding a great new company can be less work than you think.
When you buy Boston auto insurance online, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut comprehensive coverage or liability limits and found out when filing a claim that it was a big error on their part. The aim is to purchase a proper amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.
Steps to buying cheaper Chevy Malibu insurance in Boston
If saving money is your primary concern, then the best way to find affordable Chevy Malibu insurance in Boston is to start doing an annual price comparison from insurers in Massachusetts.
- Step 1: Gain an understanding of how auto insurance works and the modifications you can make to prevent rate increases. Many factors that result in higher rates such as speeding tickets, accidents and a negative credit history can be remedied by making minor changes to your lifestyle.
- Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Allstate, while independent agents can quote prices for a wide range of insurance providers.
- Step 3: Compare the price quotes to the price on your current policy to determine if you can save on Malibu insurance in Boston. If you find a lower rate and make a switch, verify that coverage does not lapse between policies.
- Step 4: Provide proper notification to your current company of your intention to cancel your current car insurance policy and submit the signed application along with the required initial payment to your new agent or company. As soon as you receive it, store the proof of insurance certificate above your visor, in the console, or in the glove compartment.
An important part of this process is that you’ll want to make sure you compare identical deductibles and limits on every quote request and and to compare as many different companies as possible. This ensures a level playing field and a thorough price selection.
More tips and info about insurance can be read in the articles below:
- Avoiding Deer Collisions (Insurance Information Institute)
- Who Has Cheap Auto Insurance for High Risk Drivers in Boston? (FAQ)
- How Much is Auto Insurance for Felons in Boston? (FAQ)
- Who Has the Cheapest Auto Insurance for a Ford Explorer in Boston? (FAQ)
- Understanding Car Crashes Video (iihs.org)
- Protecting Teens from Drunk Driving (Insurance Information Institute)