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2008 Chevrolet Malibu Hybrid Insurance Rates

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Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Jun 12, 2015

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Average insurance rates for a 2008 Chevrolet Malibu Hybrid are $1,054 a year for full coverage insurance. Comprehensive costs on average $174, collision costs $244, and liability costs around $478. Buying a liability-only policy costs as low as $526 a year, with high-risk insurance costing around $2,270. Teenage drivers receive the highest rates at $4,220 a year or more.

Annual premium for full coverage: $1,054

Rate estimates for 2008 Chevrolet Malibu Hybrid Insurance

Comprehensive $174
Collision $244
Liability $478

Rate data is compiled from all 50 U.S. states and averaged for all 2008 Chevrolet Malibu Hybrid models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For the average driver, prices range go from as low as $526 for a discount liability-only rate to a much higher rate of $2,270 for a driver that may need high-risk insurance.

Liability Only $526
Full Coverage $1,054
High Risk $2,270

View Chart as Image

2008 Chevrolet Malibu Hybrid insurance rates compared
Column chart showing 2008 Chevrolet Malibu Hybrid insurance prices range from $634 to $4,220 for full coverage

These differences illustrate why anyone shopping for car insurance should compare prices based on a specific location and risk profile, instead of using average rates.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 2008 Chevrolet Malibu Hybrid Insurance

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Trying to find better auto insurance rates for your Chevrolet Malibu Hybrid? Having to pay for overpriced auto insurance can take a big chunk out of your savings account and force you to prioritize other expenses. Shopping your coverage around is free, only takes a few minutes, and is a good way to cut your insurance bill.

You have so many auto insurance companies to purchase coverage from, and although it’s nice to have multiple companies, it can be more challenging to compare rates.

Consumers need to take a look at other company’s rates occasionally since insurance rates are adjusted regularly by insurance companies. Just because you found the best deal for Malibu Hybrid coverage a couple years back a different company probably has better rates today. You can find a lot of wrong information about auto insurance online but by reading this article, you’re going to learn some great ideas on how to reduce your auto insurance bill.

Your Chevy Malibu Hybrid insurance rate is a complex equation

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for auto insurance. Understanding what influences your rates allows you to make educated decisions that may reward you with better auto insurance rates.

  • Poor driving leads to higher costs – Good drivers tend to pay less for car insurance compared to drivers with tickets. Only having one ticket can increase rates twenty percent or more. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
  • Your location affects your rates – Living in small towns and rural areas is a positive aspect when insuring your vehicles. Lower population means reduced accidents and also fewer theft and vandalism claims. Urban drivers regularly have more traffic problems and longer commutes to work. Higher commute times means higher likelihood of an accident.
  • Discounts for multiple policies – Most insurance companies will give a discount to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount you still need to shop around to confirm you are receiving the best rates possible.
  • You might want pay the small claims yourself – If you tend to file frequent claims, you can definitely plan on higher rates. Auto insurance companies provide cheaper rates to drivers who file claims infrequently. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Men pay higher rates – Statistics demonstrate that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. Women and men have accidents at a similar rate, but the men tend to have more serious accidents. Men also statistically get cited for more serious violations like DUI and reckless driving.
  • A lapse in coverage is a bad thing – Allowing your auto insurance policy to lapse will be a quick way to trigger a rate increase. And not only will your rates increase, failure to provide proof of insurance will get you a steep fine or even jail time.
  • Don’t get talked into coverage you don’t need – There are quite a few extra bells and whistles you can purchase on your auto insurance policy. Coverages for vanishing deductibles, better glass coverage and additional equipment coverage are some examples. They may seem like a good idea when you first buy your policy, but now you might not need them so eliminate them to save money.

Vehicle Insurance Comparison

There are several ways to compare rate quotes from different insurance companies. The fastest way to compare 2008 Chevy Malibu Hybrid insurance prices consists of shopping online. It is quite easy and can be accomplished in a couple of different ways.

  1. The most efficient way consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This easy form saves time by eliminating multiple quote forms for every insurance company. Just one form gets you price quotes from all major companies.
  2. A less efficient way to find lower rates is to take the time to go to the website for every company you want to comare and fill out their own quote form. For example, we’ll pretend you want rates from Allstate, GEICO and State Farm. You would have to spend time on each company’s site and enter your policy data, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

  3. The least recommended method of getting rate comparisons is to spend time driving to local insurance agencies. Shopping for insurance online eliminates the need for an insurance agent unless you prefer the professional advice that only a license agent can provide. However, consumers can obtain prices from the web but still have the advice of a local agent.

Whichever way you use, make darn sure you compare the exact same coverage information for every company. If you use higher or lower deductibles you will not be able to find the best deal for your Chevy Malibu Hybrid. Having just a slight variation in limits can make a big difference in price. Just keep in mind that more quotes will increase your chances of finding the best price.

Don’t overlook these discounts

Companies do not advertise every discount very well, so the following is a list of both well-publicized and the harder-to-find savings tricks you should be using.

  • Service Members Pay Less – Having a deployed family member could mean lower rates.
  • No Charge for an Accident – Certain companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Defensive Driving Course – Taking part in a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
  • Sign Online – A handful of insurance companies may give you up to $50 simply for signing digitally online.
  • Federal Employees – Simply working for the federal government could cut as much as 10% off for Malibu Hybrid coverage with select insurance companies.
  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiration. It can save you around 10%.
  • Theft Prevention Discount – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Save over 55 – Older drivers may be able to get a small decrease in premiums for Malibu Hybrid coverage.

It’s important to note that some credits don’t apply to the overall cost of the policy. The majority will only reduce specific coverage prices like comp or med pay. So even though they make it sound like you could get a free auto insurance policy, you’re out of luck.

Insurance companies that may offer these benefits are:

Before buying, ask all companies you are considering which discounts you may be entitled to. All car insurance discounts may not be available in your state.

Is my situation unique?

When it comes to buying the best insurance coverage coverage, there really is no cookie cutter policy. Every situation is different and your policy should reflect that. For instance, these questions could help you determine whether you would benefit from professional advice.

  • Does coverage extend to a rental car in a foreign country?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is rental equipment covered for theft or damage?
  • Should I buy more coverage than the required minimum liability coverage?
  • Are rental cars covered under my policy?
  • Is my 2008 Chevy Malibu Hybrid covered for flood damage?
  • What are the financial responsibility laws in my state?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Car insurance policy specifics

Knowing the specifics of your car insurance policy aids in choosing appropriate coverage for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages available from car insurance companies.

Coverage for medical expenses

Med pay and PIP coverage kick in for expenses for EMT expenses, rehabilitation expenses, dental work and prosthetic devices. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage

This coverage pays for damage to your Malibu Hybrid resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as colliding with a tree, driving through your garage door and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Auto liability insurance

This protects you from damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things such as loss of income, repair costs for stationary objects, bail bonds and pain and suffering. How much coverage you buy is your choice, but buy as much as you can afford.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Chevy Malibu Hybrid.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Comprehensive car insurance

This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hitting a bird, rock chips in glass, vandalism and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

A tidy conclusion

You just learned many ways to shop for 2008 Chevy Malibu Hybrid insurance online. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. You may even discover the best price on insurance is with the smaller companies. Smaller companies may cover specific market segments cheaper than their larger competitors like Progressive or GEICO.

The cheapest insurance is definitely available both online and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. Some insurance companies may not provide online quoting and these small, regional companies work with independent agents.

Even more information is available at these sites:

Rates by U.S. City

2008 Chevrolet Malibu Hybrid Insurance Rates by City
City Premium
New York City, NY $1,665
Los Angeles, CA $1,800
Philadelphia, PA $1,408
Jacksonville, FL $1,529
Phoenix, AZ $1,224
Chicago, IL $1,415
Houston, TX $1,651
Seattle, WA $1,026
Columbus, OH $881
Indianapolis, IN $897

Rates by Driver Age

2008 Chevrolet Malibu Hybrid Insurance Rates by Driver Age
Driver Age Premium
16 $4,220
20 $2,414
30 $1,074
40 $1,054
50 $968
60 $946

Full coverage, $500 deductibles

Rates by Deductible

2008 Chevrolet Malibu Hybrid Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,234
$250 $1,152
$500 $1,054
$1,000 $958

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Malibu Hybrid Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,054
50/100 $1,150
100/300 $1,269
250/500 $1,580
100 CSL $1,197
300 CSL $1,460
500 CSL $1,652

Full coverage, driver age 40

Rates for High Risk Drivers

2008 Chevrolet Malibu Hybrid Insurance Rates for High Risk Drivers
Age Premium
16 $5,954
20 $3,848
30 $2,292
40 $2,270
50 $2,172
60 $2,148

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $143

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $54
Multi-vehicle $57
Homeowner $19
5-yr Accident Free $66
5-yr Claim Free $66
Paid in Full/EFT $39
Advance Quote $47
Online Quote $72
Total Discounts $420
Rate after discounts $634

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

2008 Chevrolet Malibu Hybrid Insurance Rates by State
State Premium
Alabama $954
Alaska $808
Arizona $874
Arkansas $1,054
California $1,200
Colorado $1,006
Connecticut $1,084
Delaware $1,194
Florida $1,318
Georgia $970
Hawaii $756
Idaho $712
Illinois $786
Indiana $794
Iowa $710
Kansas $1,002
Kentucky $1,438
Louisiana $1,558
Maine $650
Maryland $868
Massachusetts $844
Michigan $1,830
Minnesota $882
Mississippi $1,262
Missouri $934
Montana $1,134
Nebraska $832
Nevada $1,262
New Hampshire $760
New Jersey $1,178
New Mexico $932
New York $1,110
North Carolina $606
North Dakota $862
Ohio $728
Oklahoma $1,082
Oregon $964
Pennsylvania $1,006
Rhode Island $1,404
South Carolina $954
South Dakota $890
Tennessee $922
Texas $1,270
Utah $780
Vermont $722
Virginia $630
Washington $814
West Virginia $964
Wisconsin $728
Wyoming $940

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