2018 Chevrolet Malibu Hybrid Insurance Rates
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UPDATED: Apr 9, 2020
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Average insurance rates for a 2018 Chevrolet Malibu Hybrid are $1,340 a year for full coverage insurance. Comprehensive costs approximately $272 a year, collision insurance costs $494, and liability insurance costs around $416. Buying a liability-only policy costs as low as $474 a year, and high-risk insurance costs around $2,904. Teen drivers receive the highest rates at up to $5,062 a year.
Annual premium for full coverage: $1,340
Rate estimates for 2018 Chevrolet Malibu Hybrid Insurance
Rate data is compiled from all 50 U.S. states and averaged for all 2018 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 a middle-aged driver, prices range range from as low as $474 for just liability coverage to a high of $2,904 for a high risk driver.
These differences illustrate why it is important for drivers to compare prices using their specific location and risk profile, rather than relying on price averages.
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 2018 Chevrolet Malibu Hybrid Insurance
Did budget coverage turn out to be an overpriced insurance coverage policy? Say no more because there are lots of residents who feel the same. Consumers have so many insurance companies to purchase coverage from, and even though it’s nice to have a selection, having more insurers makes it harder to find the lowest cost provider.
You need to quote other rates periodically because rates trend upward over time. Even if you think you had the lowest premium rates for Malibu Hybrid coverage six months ago there may be better deals available now. Block out anything you think you know about insurance coverage because we’re going to show you the quickest way to find better rates and still maintain coverage.
Buying cheaper car insurance coverage is quite easy. If you have a current car insurance policy or are looking for a new policy, you can follow these tips to reduce the price you pay while maintaining coverages. Drivers just need to learn the tricks to buy car insurance online.
The method we recommend to compare car insurance rates is to realize most insurance companies pay for the opportunity to give you rate quotes. All you need to do is provide information like whether you are single or married, level of coverage desired, if it has an anti-theft system, and daily mileage. Your insurance information is instantly sent to multiple companies and you will receive price estimates instantly.
Drivers can save with with these discounts
Car insurance can cost a lot, but you may find discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you quote, but some discounts are required to be specially asked for before you get the savings.
- Telematics Data – Drivers who elect to allow driving data submission to study driving manner by using a telematics device in their vehicle like Allstate’s Drivewise may see discounts as long as they are good drivers.
- Homeowners Discount – Owning a house can save you money because maintaining a house shows financial diligence.
- Multiple Policy Discount – When you combine your auto and home insurance with the same company they may give you a discount of approximately 10% to 15%.
- Anti-theft Discount – Vehicles that have factory anti-theft systems can help prevent theft and earn discounts up to 10% off your auto insurance quote.
- Drive Safe and Save – Safe drivers can save up to 40% or more on their auto insurance quote for Malibu Hybrid coverage than less cautious drivers.
- Buy New and Save – Insuring a vehicle that is new can save you some money due to better safety requirements for new vehicles.
Drivers should understand that most discount credits are not given to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. Despite the appearance that adding up those discounts means a free policy, insurance companies wouldn’t stay in business. Any amount of discount will reduce your policy premiums.
If you would like to see a list of insurers that offer discounts, enter your zip code here.
Your situation helps dictate your coverage
When it comes to buying the right insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions might point out if your situation might need professional guidance.
- Where can I find high-risk insurance?
- Am I missing any policy discounts?
- Do I pay less if my vehicle is kept in my garage?
- Should I bundle my homeowners policy with my auto?
- When should I remove comp and collision on my 2018 Chevy Malibu Hybrid?
- When do I need to add a new car to my policy?
- When does my teenage driver need to be added to my policy?
- Do I need special endorsements for business use of my vehicle?
- Are all vehicle passengers covered by medical payments coverage?
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 a licensed insurance agent. To find lower rates from a local agent, simply complete your zip code. It is quick, free and may give you better protection.
Learn about insurance coverages for a Chevy Malibu Hybrid
Having a good grasp of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages available from insurance companies.
Medical expense insurance
Med pay and PIP coverage kick in for bills for things like EMT expenses, rehabilitation expenses and doctor visits. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
Comprehensive (Other than Collision)
This coverage will pay to fix 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 protects against claims like fire damage, a tree branch falling on your vehicle, hail damage and hitting a deer. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Collision insurance will pay to fix damage to your Malibu Hybrid resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like crashing into a building, sideswiping another vehicle, rolling your car, crashing into a ditch and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
Protection from uninsured/underinsured drivers
Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2018 Chevy Malibu Hybrid.
Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Liability insurance provides protection from damage or injury you incur to a person or their property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability insurance covers things like repair costs for stationary objects, bail bonds, loss of income, structural damage and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.
Rates by U.S. City
|New York City, NY||$2,118|
|Los Angeles, CA||$2,292|
Rates by Driver Age
Full coverage, $500 deductibles
Rates by Deductible
Full coverage, driver age 40
Rates by Liability Limit
Full coverage, driver age 40
Rates for High Risk Drivers
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.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
|5-yr Accident Free||$97|
|5-yr Claim Free||$86|
|Paid in Full/EFT||$60|
Discounts are estimated and may not be available from every company or in every state.