Secured with SHA-256 Encryption
Select Page

Chevrolet Malibu Insurance Rates [How to Find Cheap Rates]

Average car insurance rates for a Chevrolet Malibu cost $1,384 a year, or around $115 a month. Finding Chevrolet Malibu teenager insurance coverage can cost on average $5,059 a year, so shop around to find cheap rates.

FREE Insurance Comparison

Compare quotes from the top insurance companies and save!

Secured with SHA-256 Encryption

Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

Full Bio →

Written by

UPDATED: Jun 23, 2020

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 insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.

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

Key takeaways:

  • Full coverage costs around $1,384 a year or $115 each month
  • A liability-only policy costs around $555 a year or $46 each month
  • Highest rates are for teenage drivers at around $5,059 a year or $422 each month
  • Good drivers can save as much as $571 a year by earning policy discounts
  • Chevrolet Malibu insurance costs around $135 less per year than the average vehicle

Chevrolet Malibu insurance rates are about $135 less per year than the average vehicle with full coverage averages $1,384 a year or $115 a month. The highest rates are for teens who pay on average $5,059 a year or $422 a month as high-risk drivers.

Good drivers can save up to $571 a year in policy discounts for staying safe out on the roads. Let’s take a look at Chevrolet Malibu insurance rates, crash test ratings, and more.

You can start comparing quotes for Chevrolet Malibu car insurance rates from some of the best car insurance companies by using our free online tool now.

Chevrolet Malibu Insurance Cost

The average Chevrolet Malibu car insurance costs are $1,384 a year or $115 a month.

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

 Secured with SHA-256 Encryption

Are Chevrolet Malibus Expensive to Insure?

The chart below details how Chevrolet Malibu insurance rates compare to other sedans like the Toyota Corolla, Subaru WRX, and Hyundai Elantra.

Vehicle Comprehensive Collision Liability Total
Chevrolet Malibu $322 $532 $372 $1,384
Toyota Corolla $294 $542 $390 $1,384
Subaru WRX $320 $566 $338 $1,360
Hyundai Elantra $280 $562 $372 $1,372
Cadillac ATS $294 $566 $398 $1,416
Ford Taurus $344 $596 $398 $1,496
Toyota Avalon $320 $536 $338 $1,330

However, there are a few things you can do to find the cheapest Chevrolet insurance rates online.

What Impacts the Cost of Chevrolet Malibu Insurance?

Even though the average annual rate for the Chevrolet Malibu is $1,384, your policy can be higher or lower depending upon your profile. Those factors include your age, home address, driving history, and the model year of your Chevrolet Malibu.

Age of the Vehicle

Older Chevrolet Malibu models generally cost less to insure. For example, auto insurance for a 2020 Chevrolet Malibu costs $1,384, while 2010 Chevrolet Malibu insurance costs are $1,138, a difference of $246.

Model Year Comprehensive Collision Liability Total
2020 Chevrolet Malibu $322 $532 $372 $1,384
2019 Chevrolet Malibu $306 $512 $390 $1,366
2018 Chevrolet Malibu $294 $506 $398 $1,356
2017 Chevrolet Malibu $284 $494 $416 $1,352
2016 Chevrolet Malibu $274 $474 $430 $1,336
2015 Chevrolet Malibu $260 $458 $442 $1,318
2014 Chevrolet Malibu $250 $424 $452 $1,284
2013 Chevrolet Malibu $240 $400 $456 $1,254
2012 Chevrolet Malibu $230 $358 $460 $1,206
2011 Chevrolet Malibu $214 $330 $460 $1,162
2010 Chevrolet Malibu $206 $310 $464 $1,138

Driver Age

Driver age can have a significant effect on Chevrolet Malibu car insurance rates. For example, 20-year-old drivers pay $1,693 more for their Chevrolet Malibu car insurance each year than 30-year-old drivers.

Driver Location

Where you live can have a large impact on Chevrolet Malibu insurance rates. For example, drivers in Jacksonville may pay $831 a year more than drivers in Indianapolis.

Your Driving Record

Your driving record can have an impact on your Chevrolet Malibu auto insurance rates. Teens and drivers in their 20’s see the highest jump in their Chevrolet Malibu car insurance with violations on their driving record.

Chevrolet Malibu Safety Ratings

Your Chevrolet Malibu auto insurance rates are tied to the Chevrolet Malibu’s safety ratings. See the breakdown below:

Test Type Rating
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
Source: Insurance Institute for Highway Safety

Chevrolet Malibu Crash Test Ratings

Chevrolet Malibu crash test ratings will affect your Chevrolet Malibu car insurance rates.

Vehicle Tested Overall Frontal Side Rollover
2020 Chevrolet Malibu 4 DR FWD 4 stars 5 stars 4 stars 4 stars
2019 Chevrolet Malibu Hybrid 4 DR FWD 4 stars 5 stars 4 stars 4 stars
2019 Chevrolet Malibu 4 DR FWD 4 stars 5 stars 4 stars 4 stars
2018 Chevrolet Malibu HEV 4 DR FWD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Malibu 4 DR FWD 5 stars 5 stars 5 stars 4 stars
2017 Chevrolet Malibu Eco e-Assist 4 DR FWD 5 stars 5 stars 5 stars 4 stars
2017 Chevrolet Malibu 4 DR FWD 5 stars 5 stars 5 stars 4 stars
2016 Chevrolet Malibu Limited 4 DR FWD 5 stars 5 stars 5 stars 4 stars
2016 Chevrolet Malibu Eco e-Assist 4 DR FWD 5 stars 5 stars 5 stars 4 stars
2016 Chevrolet Malibu 4 DR FWD 5 stars 5 stars 5 stars 4 stars
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration

Chevrolet Malibu Safety Features

Good Chevrolet Malibu safety features can result in insurers giving you car insurance discounts. The safety features for the 2020 Chevrolet Malibu are:

  • Driver Air Bag
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Air Bag
  • Front Side Air Bag
  • 4-Wheel ABS
  • 4-Wheel Disc Brakes
  • Brake Assist
  • Electronic Stability Control
  • Daytime Running Lights
  • Child Safety Locks
  • Traction Control

Chevrolet Malibu Insurance Loss Probability

The lower percentage means lower Chevrolet Malibu car insurance costs; higher percentages mean higher Chevrolet Malibu car insurance costs. Compare the following Chevrolet Malibu auto insurance loss probability rates for collision, property damage, comprehensive, PIP, MedPay, and bodily injury.

Insurance Coverage Category Loss Rate
Collision -6%
Property Damage 0%
Comprehensive 9%
Personal Injury 39%
Medical Payment 45%
Bodily Injury 20%
Source: Insurance Institute for Highway Safety

Chevrolet Malibu Finance and Insurance Cost

If you are financing a Chevrolet Malibu, most lenders will require your carry higher Chevrolet Malibu coverages including comprehensive coverage, so be sure to compare Chevrolet Malibu car insurance rates from the best companies using our FREE tool below.

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

 Secured with SHA-256 Encryption

Ways to Save on Chevrolet Malibu Insurance

You can save more money on your Chevrolet Malibu auto insurance rates by employing any of the following five strategies.

  • Re-Check Chevrolet Malibu Quotes Every 6 Months
  • Buy a Chevrolet Malibu with an Anti-Theft Device
  • Consider Chevrolet Malibu Insurance Costs Before Buying a Chevrolet Malibu
  • Reduce Your Coverage on an Older Chevrolet Malibu
  • Never Drink and Drive Your Chevrolet Malibu

Top Chevrolet Malibu Insurance Companies

The best auto insurance companies for Chevrolet Malibu car insurance rates will offer competitive rates, discounts, and account for the Chevrolet Malibu’s safety features. The following list of car insurance companies outlines which companies hold the highest market share.

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO $46,106,971 6.6%
3 Progressive $39,222,879 5.6%
4 Liberty Mutual $35,600,051 5.1%
5 Allstate $35,025,903 5.0%
6 Travelers $28,016,966 4.0%
7 USAA $23,483,080 3.3%
8 Chubb $23,388,385 3.3%
9 Farmers $20,643,559 2.9%
10 Nationwide $18,442,145 2.6%
Source: Insurance Information Institute

Compare Free Chevrolet Malibu Insurance Quotes Online

To start comparing Chevrolet Malibu car insurance quotes for free, use our online car insurance comparison tool.

About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.

Leave a Rating

Your email address will not be published. Required fields are marked *