Chevrolet Malibu LTZ Insurance Rates

The average insurance prices for a Chevrolet Malibu LTZ are $1,448 every 12 months for full coverage. Comprehensive costs an estimated $354 each year, collision insurance costs $572, and liability insurance costs $364. Buying just liability costs as little as $430 a year, and insurance for high-risk drivers costs around $3,106. Teenage drivers cost the most to insure at up to $5,236 a year.

Annual premium for full coverage: $1,448

Policy rates broken down by individual coverage:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Chevrolet Malibu Trim Level

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. More rural locations are shown to have more infrequent accident claims than densely populated cities. The graphic below illustrates the difference location can make on insurance prices.

These price differences show why all drivers should compare rates for a targeted area and their own driving history, rather than relying on average rates.

Use the form below to get rates for your location.

Insurance rates for a Chevrolet Malibu LTZ also range considerably based on liability limits and deductibles, your driver profile, and the model year.

Using high physical damage deductibles could save up to $620 each year, whereas increasing liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $327 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles could pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay at least $5,200 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 44% to 132% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Chevrolet Malibu LTZ insurance rates. A 40-year-old driver could pay as low as $900 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,950 on average in Montana, Louisiana, and Michigan. Rates by state and city are shown later in the article.

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to do a rate comparison from as many companies as possible. Every company uses a different method to calculate rates, so the rates will be varied.

View Chart as Image

Chart shows Chevrolet Malibu LTZ insurance rates for various coverage choices and risks. The lowest rate with discounts is $837. Drivers who use higher $1,000 deductibles will pay $1,238. The average rate for a driver around age 40 using $500 deductibles is $1,448. Using lower $100 deductibles for comprehensive and collision insurance can cost as much as $1,854. Drivers with multiple violations and accidents could be charged around $3,106. The policy rate for full coverage insurance for a teenage driver is $5,236.

View Chart as Image