Want a free price quotes on low-cost Chevy Malibu insurance in San Francisco? Finding the cheapest insurance for a new or used Chevy Malibu in California can normally be an all-consuming task, but you can learn our insurance buying tips to make it easier.
There are more efficient ways to find insurance online and we’ll show you the best way to price shop coverage for your Chevy and locate the lowest possible price from both online companies and San Francisco agents.
Unbelievably, 70% of consumers have remained with the same insurance company for a minimum of four years, and just short of a majority have never shopped around. With the average insurance premium being $1,387, California drivers could cut their rates by $469 a year just by comparing rates, but they feel it’s too difficult to save money by comparing rate quotes.
It’s a great practice to shop coverage around once or twice a year due to the fact that insurance prices change regularly. Even if you got the best price on Chevy Malibu insurance in San Francisco a couple years back other companies may now be cheaper. You can find a lot of misleading information regarding Malibu insurance on the internet, but by reading this article, you’re going to learn a bunch of ideas how to slash your insurance rates in San Francisco.
Most major insurance companies provide prices for coverage direct online. Getting Chevy Malibu insurance prices online can be done by anyone because you just enter your coverage preferences as requested by the quote form. Once entered, their rating system will obtain reports for credit and driving violations and generates a price based on many factors.
Quoting online for Chevy Malibu insurance in San Francisco streamlines rate comparisons, and it’s very important to get many rate quotes in order to get cheap auto insurance pricing.
To get comparison pricing now, compare quotes from the companies shown below. If you currently have coverage, we recommend you replicate your coverages exactly as shown on your declarations page. This makes sure you’re receiving comparison quotes for the exact same coverage.
The companies shown below are our best choices to provide price comparisons in San Francisco, CA. If the list has multiple companies, we suggest you visit several of them to find the lowest car insurance rates.
Auto insurance is not optional in California
Despite the high insurance cost for a Chevy Malibu in San Francisco, maintaining insurance is required by state law in California and it also provides benefits you may not be aware of.
- Just about all states have mandatory liability insurance requirements which means you are required to buy specific minimum amounts of liability insurance coverage if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Chevy has a loan, most banks will make it a condition of the loan that you buy insurance to protect their interest in the vehicle. If you default on your policy, the lender may have to buy a policy to insure your Chevy at a significantly higher premium and make you pay the higher premium.
- Auto insurance preserves your car and your assets. It will also provide coverage for medical transport and hospital expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are sued as the result of an accident. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying auto insurance are without a doubt worth the cost, particularly if you ever have a claim. But the average American driver is wasting up to $750 every year so you should quote your policy with other companies every year to ensure rates are inline.
Chevy Malibu coverage statistics
The coverage table shown below covers different insurance policy prices for Chevy Malibu models. Understanding more about how rates are formulated helps drivers make decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $270 | $454 | $450 | $26 | $134 | $1,334 | $111 |
| Malibu Hybrid | $270 | $454 | $450 | $26 | $134 | $1,334 | $111 |
| Malibu LT | $304 | $454 | $450 | $26 | $134 | $1,368 | $114 |
| Malibu LTZ | $304 | $536 | $450 | $26 | $134 | $1,450 | $121 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Price estimates do not factor in specific location information which can alter premium rates substantially.
Should you raise deductibles?
The hardest decision when buying coverage is what deductibles to buy. The comparison tables below may aid in understanding how much more rates are between low and high coverage deductibles. The first rate comparisons uses a $100 deductible for comprehensive and collision coverage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $380 | $686 | $442 | $26 | $132 | $1,691 | $141 |
| Malibu Hybrid | $380 | $686 | $442 | $26 | $132 | $1,691 | $141 |
| Malibu LT | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Malibu LTZ | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $210 | $362 | $442 | $26 | $132 | $1,172 | $98 |
| Malibu Hybrid | $210 | $362 | $442 | $26 | $132 | $1,172 | $98 |
| Malibu LT | $238 | $362 | $442 | $26 | $132 | $1,200 | $100 |
| Malibu LTZ | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Information does not factor in zip code location which can lower or raise coverage rates considerably.
Based on these figures, using a $100 deductible could cost the average driver approximately $46 more each month or $552 for a full year across all Chevrolet Malibu models than opting for the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 20 months between claims, you would probably be better off if you choose a higher deductible.
Age-based insurance rates by gender
The chart below illustrates the difference between Chevy Malibu annual premium costs for male and female drivers. The costs are based on no violations or accidents, full physical damage coverage, $100 deductibles, single marital status, and no discounts are applied to the premium.
Should you buy full coverage?
The information below shows the difference between Chevy Malibu insurance costs with full physical damage coverage compared to only buying liability only. The prices are based on no tickets, no at-fault accidents, $100 deductibles, drivers are not married, and no discounts are taken into consideration.
When to drop comp and collision
There is no exact formula to stop buying full coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Chevy Malibu replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company would pay you is $3,000 after you pay the deductible. If you are currently paying more than $300 annually to have full coverage, then it could be time to drop full coverage.
There are a few cases where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not drop full coverage.
Affordable Chevy Malibu insurance rates in San Francisco
Some companies do not list every available discount very well, so the list below gives a summary of both well-publicized and also the lesser-known savings tricks you should be using when you buy San Francisco car insurance online.
- Claim Free – Drivers who don’t have accidents have much lower rates when compared to policyholders that have many claims.
- Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of up to 25% or more.
- Seat Belts Save – Drivers who require all occupants to use their safety belts could cut 10% or more off PIP or medical payments premium.
- Telematics Data – Insureds that choose to allow companies to track driving habits by using a telematic data system such as Progressive’s Snapshot could save a few bucks if they show good driving skills.
- Professional Memberships – Belonging to specific professional or occupational memberships or organizations could earn you a nice discount when getting a San Francisco car insurance quote.
- Good Student – Being a good student can get you a discount of up to 25%. The good student discount can last well after school through age 25.
- Student Discount for Driver Training – It’s a good idea to have your young drivers complete a driver education course as it will make them better drivers and lower rates.
- College Student Discount – Youth drivers who live away from home to go to college and do not take a car to college may qualify for this discount.
- Discounts for Multiple Vehicles – Buying coverage for multiple cars or trucks on one policy may reduce the rate for each vehicle.
- Military Rewards – Being deployed with a military unit could trigger a small discount.
One thing to note about discounts is that some credits don’t apply to your bottom line cost. Most only cut specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears it’s possible to get free car insurance, nobody gets a free ride.
The chart below visualizes the comparison of Chevy Malibu auto insurance rates with and without policy discounts. The data is based on a male driver, no tickets, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-car, marriage, and multi-policy discounts applied.
To locate insurers that offer multiple discounts in California, click this link.
You may want advice from an insurance agency
Some people still like to have an agent’s advice and that is OK! Professional agents can answer important questions and help file insurance claims. One of the best bonuses of getting online price quotes is that drivers can save money and get lower rates and still choose a local agent. Supporting small agencies is important especially in San Francisco.
To help locate an agent, after submitting this form (opens in new window), your information is emailed to local insurance agents that give free quotes and help you find cheaper coverage. You never need to leave your house since price quotes are sent directly to you. If you want to get a price quote for a specific company, you just need to visit that company’s website and submit a quote form there.
When researching a good San Francisco insurance agent, it’s helpful to know the different types of agents and how they differ in how they can insure your vehicles. Agents in San Francisco are classified as either independent or exclusive depending on the company they work for. Either type can write policy coverage, but it’s worth learning the subtle differences because it can influence the type of agent you choose.
Independent Agencies or Brokers
Agents that choose to be independent do not have single company limitations so they can quote policies through many companies and get you the best rates possible. If they find a lower price, the business is moved internally which requires no work on your part. If you are trying to find cheaper rates, you need to get insurance quotes from multiple independent agents in order to have the best price comparison. Most independent agents also contract with less well-known companies which could offer lower prices.
Shown below is a list of independent insurance agents in San Francisco that can give you free rate quotes.
- Carrie Insurance
2126 Sutter St – San Francisco, CA 94115 – (415) 567-7660 – View Map - Jessica Liu Insurance Services
3428 Balboa St – San Francisco, CA 94121 – (415) 386-2283 – View Map - Al Zeidler Insurance Agency
1714 Stockton St #417 – San Francisco, CA 94133 – (415) 753-1936 – View Map
Exclusive Car Insurance Agencies
These type of agents work for only one company and examples are Allstate and State Farm. Exclusive agents cannot compare other company’s rates so they are skilled at selling on more than just price. Exclusive agents receive extensive training on what they offer and that allows them to sell at a higher price point. Some insured continue to choose to use an exclusive agent mainly due to the brand name rather than low price.
Shown below is a list of exclusive agents in San Francisco willing to provide comparison quotes.
- Toan Tieu – State Farm Insurance Agent
690 Monterey Blvd – San Francisco, CA 94127 – (415) 610-8000 – View Map - Wilson Chan – State Farm Insurance Agent
25 Division St #200 – San Francisco, CA 94103 – (415) 593-8802 – View Map - Angela Chan – State Farm Insurance Agent
756 Sacramento St – San Francisco, CA 94108 – (415) 956-4888 – View Map
Selecting an auto insurance agent requires more thought than just a cheap price quote. Here are some questions you should ask.
- Is their price quote a firm figure or are their hidden costs?
- Do they prorate repair cost based on vehicle mileage?
- If you have an accident, will your rates go up?
- Will the agent help in case of a claim?
- Do they have a Better Business Bureau rating in San Francisco?
- Are they able to provide referrals?
- Does the company have a solid financial rating?
- Who is covered by the car insurance policy?
The best insurance company isn’t always the cheapest
People change insurance companies for a variety of reasons including poor customer service, unfair underwriting practices, extreme rates for teen drivers and even policy cancellation. Regardless of your reason for switching companies, finding a new company is easier than you think.
In this article, we covered a lot of ways to find cheaper Chevy Malibu insurance in San Francisco. The key concept to understand is the more you quote San Francisco car insurance, the better your chances of lowering your premium rates. You may even find the biggest savings come from the least-expected company.
The cheapest Chevy Malibu insurance in San Francisco is definitely available on the web in addition to local insurance agencies, and you need to comparison shop both to get a complete price analysis. Some companies don’t offer rates over the internet and these regional carriers only sell coverage through independent agents.
How to buy low-cost Chevy Malibu insurance in San Francisco
If you want to save the most money, the best way to find the cheapest price for car insurance rates is to start comparing prices regularly from insurance carriers that insure vehicles in San Francisco. You can shop around by following these steps.
- Learn about the different coverages in a policy and the measures you can control to keep rates low. Many things that cause rate increases like distracted driving and a low credit rating can be amended by making minor changes in your lifestyle.
- Request price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Allstate, while agents who are independent can quote prices for many different companies.
- Compare the new rates to your existing coverage to see if a cheaper rate is available. If you find a lower rate quote and change companies, verify that coverage does not lapse between policies.
The key thing to remember is that you’ll want to compare the same amount of coverage on every price quote and and to get price estimates from as many auto insurance providers as possible. Doing this provides an apples-to-apples comparison and a thorough price selection.
More resources
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Who Has Cheap San Francisco Auto Insurance for High Mileage Drivers? (FAQ)
- How Much are Car Insurance Rates for High School Students in San Francisco? (FAQ)
- Who Has Cheap Auto Insurance for Business Use in San Francisco? (FAQ)
- Who Has the Cheapest San Francisco Car Insurance Rates for a Nissan Sentra? (FAQ)
- Senior Drivers (Insurance Information Institute)
- Cellphones, Texting and Driving (iihs.org)
- Distracted Driving Extends Beyond Texting (State Farm)
- Credit Impacts Car Insurance Rates (State Farm)