Chevrolet Malibu Insurance Rates

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

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Jun 4, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

How much does a Chevrolet Malibu cost to insure? The average Chevrolet Malibu insurance rates are $115 per month or $1,384 annually. However, many factors impact your ability to get affordable Chevy Malibu car insurance, like the age of your vehicle. For example, the 2010 Chevy Malibu insurance costs will be less than the 2017 Chevy Malibu insurance costs or even the cost of a Chevy Malibu 2012 model. 

Some people, like teen drivers, might require high-risk car insurance, which could increase your Chevy Malibu costs, while others may be low-risk drivers eligible for cheap car insurance for the Malibu. The insurance costs for a 2016 Chevrolet Malibu for a teenager will, therefore, be higher than an older driver. 

No matter your circumstances, read through our comprehensive guide to learn how to lower your rates for insurance on a Chevy Malibu. Different Chevy Malibu car insurance companies will provide different Chevy Malibu car insurance quotes so remember to shop around.

When you’re ready to secure affordable car insurance rates for a Chevy Malibu, just enter your five-digit ZIP code into our FREE quote comparison tool to get started.

The average insurance prices for a Chevrolet Malibu are $1,024 every 12 months for full coverage. Comprehensive costs an estimated $170 a year, collision costs $222, and liability coverage is $474. A liability-only policy costs around $522 a year, with high-risk insurance costing around $2,204. 16-year-old drivers cost the most to insure at $4,114 a year or more.

Average premium for full coverage: $1,024

Policy rates broken down by type of insurance:

Comprehensive $170
Collision $222
Liability $474

Prices include $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all states and Malibu trim levels.

Price Range Variability

For the normal driver, Chevrolet Malibu insurance rates go from the cheapest price of $522 for just liability insurance to a high of $2,204 for a driver who has had serious violations or accidents.

Liability Only $522
Full Coverage $1,024
High Risk $2,204

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on insurance rates. More rural locations are shown to have more infrequent accident claims than congested cities.

The diagram below illustrates how geographic area affects insurance prices.

Rural Areas $768
Small Cities $1,075
Large Cities $1,382

The examples above show why it is important to compare rates quotes for a targeted area and their own driving history, rather than using rate averages.

Use the form below to get customized rates for your location.

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

More Rate Details

The chart below shows estimated Chevrolet Malibu insurance rates for other coverage scenarios.

  • The best full coverage rate is $622
  • Raising to $1,000 deductibles will save approximately $934 a year
  • The average price for a good driver age 40 who has $500 deductibles is $1,024
  • Buying low $100 deductibles increases the price to $1,194
  • Unlucky drivers with multiple tickets or accidents could pay up to $2,204 or more
  • Policy cost to insure a teenage driver can cost as much as $4,114

View Chart as Image

Chevrolet Malibu insurance cost comparison chart
Column chart showing full coverage Chevrolet Malibu insurance rates range from $622 to $4,114

Car insurance rates for a Chevrolet Malibu also range considerably based on liability limits and deductibles, your driver profile, and the model year and trim level.

Opting for high physical damage deductibles can reduce rates by up to $260 a year, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may only pay around $1,000 every 12 months on average, or $83 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged at least $4,100 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 $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 41% to 130% more than the average rate. View High Risk Driver Rates

Your home state also has a big influence on Chevrolet Malibu insurance rates. A middle-age driver might find rates as low as $680 a year in states like Iowa, Maine, and Idaho, or at least $1,460 on average in New York, Louisiana, and Michigan.

Chevrolet Malibu Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $928 -$96 -9.4%
Alaska $784 -$240 -23.4%
Arizona $848 -$176 -17.2%
Arkansas $1,024 -$0 0.0%
California $1,168 $144 14.1%
Colorado $978 -$46 -4.5%
Connecticut $1,052 $28 2.7%
Delaware $1,160 $136 13.3%
Florida $1,282 $258 25.2%
Georgia $944 -$80 -7.8%
Hawaii $736 -$288 -28.1%
Idaho $690 -$334 -32.6%
Illinois $762 -$262 -25.6%
Indiana $770 -$254 -24.8%
Iowa $690 -$334 -32.6%
Kansas $974 -$50 -4.9%
Kentucky $1,398 $374 36.5%
Louisiana $1,514 $490 47.9%
Maine $632 -$392 -38.3%
Maryland $844 -$180 -17.6%
Massachusetts $820 -$204 -19.9%
Michigan $1,778 $754 73.6%
Minnesota $856 -$168 -16.4%
Mississippi $1,226 $202 19.7%
Missouri $908 -$116 -11.3%
Montana $1,100 $76 7.4%
Nebraska $808 -$216 -21.1%
Nevada $1,228 $204 19.9%
New Hampshire $736 -$288 -28.1%
New Jersey $1,144 $120 11.7%
New Mexico $908 -$116 -11.3%
New York $1,078 $54 5.3%
North Carolina $590 -$434 -42.4%
North Dakota $838 -$186 -18.2%
Ohio $706 -$318 -31.1%
Oklahoma $1,052 $28 2.7%
Oregon $938 -$86 -8.4%
Pennsylvania $978 -$46 -4.5%
Rhode Island $1,364 $340 33.2%
South Carolina $928 -$96 -9.4%
South Dakota $866 -$158 -15.4%
Tennessee $896 -$128 -12.5%
Texas $1,234 $210 20.5%
Utah $758 -$266 -26.0%
Vermont $702 -$322 -31.4%
Virginia $614 -$410 -40.0%
Washington $792 -$232 -22.7%
West Virginia $938 -$86 -8.4%
Wisconsin $710 -$314 -30.7%
Wyoming $912 -$112 -10.9%

View Chart as Image

Chevrolet Malibu insurance rates by U.S. city

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes and see how they stack up. Every auto insurance company utilizes a different rate formula, so rate quotes will be varied.

Insurance Rates by Trim Level and Model Year

Chevrolet Malibu Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Chevrolet Malibu LS $990 $83
Chevrolet Malibu Hybrid $1,016 $85
Chevrolet Malibu LT $1,012 $84
Chevrolet Malibu LTZ $1,052 $88

Rates assume 2009 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

Chevrolet Malibu Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Chevrolet Malibu $284 $494 $416 $1,352
2019 Chevrolet Malibu $274 $474 $430 $1,336
2018 Chevrolet Malibu $260 $458 $442 $1,318
2017 Chevrolet Malibu $250 $424 $452 $1,284
2016 Chevrolet Malibu $240 $400 $456 $1,254
2015 Chevrolet Malibu $230 $358 $460 $1,206
2014 Chevrolet Malibu $214 $330 $460 $1,162
2013 Chevrolet Malibu $206 $310 $464 $1,138
2012 Chevrolet Malibu $202 $288 $474 $1,122
2011 Chevrolet Malibu $186 $268 $474 $1,086
2010 Chevrolet Malibu $182 $244 $478 $1,062
2009 Chevrolet Malibu $170 $222 $474 $1,024
2008 Chevrolet Malibu $160 $202 $474 $994
2007 Chevrolet Malibu $154 $182 $468 $962
2006 Chevrolet Malibu $152 $178 $460 $948
2005 Chevrolet Malibu $150 $168 $452 $928
2004 Chevrolet Malibu $138 $160 $446 $902
2003 Chevrolet Malibu $132 $152 $442 $884

Rates are averaged for all Chevrolet Malibu models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Shop for the Right Chevrolet Malibu Insurance

Finding cheaper rates on auto insurance consists of being a good driver, maintaining a good credit score, avoid buying unnecessary coverage, and not having any coverage lapses. Invest the time to compare rates every other policy renewal by obtaining price quotes from direct carriers, and also from several local insurance agents.

The following list is a quick rundown of the ideas that were presented in the illustrations above.

  • Drivers age 16 to 20 have the highest car insurance rates, costing up to $343 each month if the policy includes full coverage
  • Drivers with reckless driving or DUI convictions pay on average $1,180 more annually than a safer driver
  • Increasing comprehensive and collision deductibles could save as much as $250 each year
  • Drivers can save approximately $110 per year simply by quoting early and online

As you can see from the above information, the price of a 2018 Chevy Malibu for insurance will be different than the 2016 Chevy Malibu insurance costs. The 2014 Chevy Malibu price ranges will also be different, and it’s important to know the different before buying Chevy Malibu car insurance.

Whether you want to know how much does a 2016 Chevy Malibu cost to insure, or what’s the cost of a Chevy Malibu 2018 model for insurance, we can help you get the lowest rates. Just enter your five-digit ZIP code into our FREE quote comparison tool below to get the best Chevy Malibu insurance rates.

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

What are the safety ratings for the Chevrolet Malibu?

Looking at the Chevrolet Malibu safety ratings can help you discover which discounts you may qualify for, and what might be costing you extra money. 

Take a look at this vehicle’s safety ratings below:

  • Small overlap front (driver-side): Good
  • Small overlap front (passenger-side): Marginal
  • Moderate overlap front: Good
  • Side: Good
  • Roof strength: Good
  • Head restraints and seats: Good

A rating of ‘Good’ is the highest possible score given by the Insurance Institute for Highway Safety. These nearly perfect ratings will help minimize your car insurance rates.

Because it was redesigned in 2008, you can use the 2008 Chevy Malibu price range and safety ratings as a good starting point for all newer versions of this car. 

Just remember, the 2012 Chevrolet Malibu costs will be higher because it’s newer. The same goes for the 2016 Chevrolet Malibu costs, and of course the 2018 Chevrolet Malibu costs, and so one and so forth. 

You may be wondering are Chevy Malibu parts expensive to replace? If so, insurance companies will charge more for coverage. Unfortunately, these cars are pricier to fix. For example, the 2016 Malibu price range is above average.

Chevrolet Malibu Compared Against other Vehicles in the Same Class

Comparing the Chevrolet Malibu to similar vehicles can help you save money, especially if the Chevrolet Malibu has a better loss ratio than other vehicles in its class. 

Is a Chevy Malibu a sports car? No, officially, the Insurance Institute for Highway Safety classifies it as a midsize four-door sedan. There are different variations, like the 2012 Malibu LT2, and the 2018 Malibu LTZ. 

Take a look at some other comparable vehicles below.

Unfortunately, the Chevrolet Malibu has substantially worse than average personal injury and medical payment insurance loss ratios, at 43 percent and 62 percent respectively. The bodily injury insurance loss ratio is worse than average at 28 percent. These numbers definitely lead to higher insurance rates. 

Let’s talk about how much does a Malibu cost based on the model age. How much does a brand new Chevy Malibu cost? Depending on what model you choose, the cost is right under $30,000 in total. 

Older versions will cost less. How much is a 2012 Malibu worth? A 2012 Chevy Malibu costs around $23,000, and a 2015 Malibu costs just a little more. 

For those wanting to buy used, an older 2008 Chevy Malibu is worth under $3,000 total. This is similar to how much a 2006 Chevy Malibu is worth. When you get to the 2011 Malibu costs, the totals jump back above $20,000. 

Asking is the 2020 Chevy Malibu a good car is pretty subjective, so don’t hesitate to take a Chevy Malibu LTZ 2020 model for a test drive before choosing to buy.

Research is important when looking at car models. For example. when it comes to how much is a Chevy Malibu 2018 model, the total cost is lower than older Malibus due to electrical issues that cause the engine to fail. Therefore, how much a 2012 Chevy Malibu is worth is more than the 2018 model. 

You’re now an expert on getting the best Chevy Malibu insurance quotes. Ready to see your low-cost quotes? Just enter your ZIP code into our FREE quote comparison tool to get the best Chevy Malibu car insurance rates from top auto insurance companies.

Rates by Driver Age

Chevrolet Malibu Insurance Rates by Driver Age
Driver Age Premium
16 $4,114
20 $2,338
30 $1,042
40 $1,024
50 $940
60 $920

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Malibu Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,194
$250 $1,116
$500 $1,024
$1,000 $934

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Malibu Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,024
50/100 $1,147
100/300 $1,265
250/500 $1,573
100 CSL $1,194
300 CSL $1,455
500 CSL $1,645

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Malibu Insurance Rates for High Risk Drivers
Age Premium
16 $5,796
20 $3,728
30 $2,222
40 $2,204
50 $2,106
60 $2,084

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 $137

Potential Rate Discounts

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

Discount Savings
Multi-policy $52
Multi-vehicle $55
Homeowner $18
5-yr Accident Free $62
5-yr Claim Free $64
Paid in Full/EFT $37
Advance Quote $45
Online Quote $69
Total Discounts $402
Rate after discounts $622

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

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

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

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles