Buying affordable insurance for a Chevrolet Malibu in California is dependent upon a large number of rating criteria such as your gender, your credit score, and any driving offenses on your record. California drivers will pay around $1,286 a year for Malibu insurance, but that price is a projection based on a 30-year-old single male driver with full coverage and $500 deductibles.
It’s more than likely you are not 30 and maybe not even a male, married instead of single, or maybe you don’t qualify for the same discounts. Auto insurance requires individual risk assessment, so the best method for finding the most affordable coverage for your Chevrolet is to put in the effort to do a thorough rate comparison.
Find Cheaper Chevrolet Malibu Insurance
The specific trim level will be a contributing factor to the cost of coverage, so the price you will pay to insure a Malibu LS model will be $124 cheaper than the price to insure the higher-priced Malibu LTZ trim level, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $316 | $464 | $578 | $34 | $174 | $1,566 | $131 |
| Malibu Hybrid | $316 | $464 | $578 | $34 | $174 | $1,566 | $131 |
| Malibu LT | $358 | $464 | $578 | $34 | $174 | $1,608 | $134 |
| Malibu LTZ | $358 | $546 | $578 | $34 | $174 | $1,690 | $141 |
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Premium amounts do not factor in specific zip code location which can raise or lower premium rates considerably.
San Diego auto insurance company ratings
Choosing a good quality insurance company is difficult considering how many choices there are in California. The company rank data shown next may help you analyze which insurers to look at to insure your vehicles. These ratings are for large insurance companies, so smaller companies are not included in the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| AAA of Southern California | 91 | 94 | 97 | 92% | A+ | 94.1 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
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Data Source: Insure.com Best Car Insurance Companies
How accidents and violations affect rates
In a perfect world, the ideal way to receive the best auto insurance prices in California for a Malibu is to drive safely and avoid at-fault accidents and violations. The diagram below highlights how speeding tickets and accidents impact auto insurance rates for different insured age categories. The price estimates are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.
The data above shows the average cost of an auto insurance policy in San Diego per year with a clean driving record and no accidents is $2,798. Receive one speeding ticket and the average cost surges to $3,151, an increase of $353 each year. Now add two accidents along with the one speeding ticket and the yearly cost of auto insurance for a Chevrolet Malibu goes up to an average of $6,173. That’s an increase of $3,375, or $281 per month, just for being a careless driver!
Here’s why price comparisons are so important
San Diego auto insurance rates are based on many factors which can substantially decrease or increase your annual premium. Simply improving your credit, moving to a new city, or getting a ticket for running a stop sign can cause premium changes resulting in some rates now being more affordable than others. Not only may your risk profile change, but car insurance companies change rates as needed to adjust for heavy claims or excess profits. Heavier than normal losses can result in additional price hikes, while long-term profits can produce more affordable Malibu insurance rates.
To illustrate this point, the chart below demonstrates which company has the cheapest car insurance in San Diego, CA for a 45-year-old male driver with no violations or accidents, and a good credit history. Based on his personal risk profile, USAA might quote the best car insurance rates in San Diego at $1,211 per year. This is $440 less than the average premium paid by California drivers of $1,651. Century National, Wawanesa, CSAA, and Nationwide are the remainder of the cheapest San Diego, CA auto insurance companies.
The chart below compares rates after we give the driver in the first chart an accident claim, less-than-perfect credit, and an imperfect driving record. Since every car insurance company uses a different method for setting prices, getting updated rate quotes could result in a new list of affordable companies as shown below.
Grange now has the lowest price on auto insurance in San Diego, CA with Allstate, GEICO, Mercury, and Progressive completing the list. This demonstrates why consumers need to compare as many rates as possible to find the most budget-friendly car insurance quotes for a Chevrolet Malibu. Auto insurance prices can be determined by many factors and can decrease or increase without notice, so the cheapest company the last time you shopped around may now be priced much higher than other options.
If you aren’t clear which coverage you need and would like to get some professional advice when comparing insurance rates for a Chevrolet Malibu, the agents below can most likely aid you in deciding which auto insurance coverages would be the best in your situation.
To find a San Diego insurance agent by location nearest to you, click the button at the bottom.
- Kristin Francy – State Farm Insurance Agent
9888 Carmel Mountain Rd Ste A – San Diego, CA 92129 – (858) 484-4141 - Mike Moore – State Farm Insurance Agent
12880 Rancho Penasquitos Blvd d – San Diego, CA 92129 – (858) 484-1297 - Nationwide Insurance: Keith Jackson Insurance Agency Inc
1081 Camino del Rio S Ste 210 – San Diego, CA 92108 – (916) 742-6995 - Theresa Nguyen-Muth – State Farm Insurance Agent
6650 Flanders Dr F – San Diego, CA 92121 – (858) 450-6000