Buying the best cheap auto insurance for a Chevrolet Malibu in Arizona is dependent upon many rating factors such as your birth date, your credit score, and any prior driving citations you have received. Drivers in Arizona will pay on average $857 a year to insure their Malibu, but that amount is calculated based on a 50-year-old single female driver with full comprehensive and collision coverage and $250 deductibles.
But there is a good chance that you aren’t exactly 50 years old or even a female, maybe you are married instead of single, or maybe you need higher liability limits than the state minimum. The different assumptions illustrate why the best method for finding cheap insurance prices for your Chevrolet is to compare rates from as many companies as possible.
The trim level of your Malibu tends to impact the insurance rate, so the cost to insure a Malibu LS model will be $92 cheaper than the cost to insure the fancier Malibu LTZ version, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Malibu Hybrid | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Malibu LT | $224 | $382 | $338 | $20 | $102 | $1,066 | $89 |
| Malibu LTZ | $224 | $450 | $338 | $20 | $102 | $1,134 | $95 |
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Rate information does not factor in specific zip code location which can increase or decrease insurance rates substantially.
Ratings for Arizona insurance companies
Choosing the top insurance company can be challenging considering how many different companies there are to choose from in Phoenix. The information shown below can help you decide which companies to look at purchasing coverage from.
The ratings below are for insurance companies that insure vehicles in the majority of U.S. states, so companies that have a smaller presence are not included in this list. If you wish to compare rates from these and other companies in Arizona, just click here.
| 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 |
| 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 |
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Data Source: Insure.com Best Car Insurance Companies
Impact of violations and accidents on rates
One of the best ways to earn the best insurance prices in Arizona for a Malibu is to drive cautiously and avoid accidents and violations. The illustration below illustrates how traffic citations and fender-benders can impact car insurance costs for different ages of insureds. The premium estimates are based on a married male driver, full coverage, $500 deductibles, and no policy discounts are applied.
In the chart above, the average cost of an auto insurance policy in Arizona per year with a clean driving record and no accidents is $1,456. Factor in two speeding tickets and the average cost surges to $2,004, an increase of $548 each year. Next add two accidents along with the two speeding tickets and the yearly cost of insurance for a Chevrolet Malibu goes up to an average of $4,107. That’s an increase of $2,651, or $221 per month, just for not driving attentively!
Types of discounts on Phoenix insurance
Car insurance companies that sell policies for a Chevrolet Malibu may have discounts that can reduce rates by as much as 30% if you qualify. The best insurance companies and a selection of discounts are:
- State Farm includes discounts for Steer Clear safe driver discount, safe vehicle, multiple autos, passive restraint, Drive Safe & Save, defensive driving training, and good student.
- Esurance offers discounts including emergency road assistance, DriveSense, anti-theft, renters, and Pac-12 alumni.
- Progressive may include discounts for multi-vehicle, online quote discount, online signing, continuous coverage, homeowner, and multi-policy.
- Liberty Mutual has discounts for new move discount, exclusive group savings, new vehicle discount, hybrid vehicle, multi-car, preferred payment discount, and multi-policy.
- Auto-Owners Insurance offers premium reductions for teen driver, paid in full, anti-theft, multi-policy, paperless, safe driver, and good student.
- GEICO may have discounts that include five-year accident-free, defensive driver, emergency military deployment, daytime running lights, and federal employee.
The example below shows the difference between insurance costs with and without some available policy discounts. The rates are based on a female driver, no claims or driving citations, Arizona state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with marriage, vehicle safety, accident-free, safe-driver, multiple policy, and homeowner discounts applied. When drivers take advantage of discounts, the average amount saved each year on insurance for a Chevrolet Malibu is 28% or $442.
What aren’t you shopping around?
Arizona insurance rates are impacted by many factors that will increase or decrease the policy price. Improving your credit score, buying a different vehicle, or getting a reckless driving citation can trigger rate changes that may make certain companies affordable when they were higher priced. Also, insurers file new Arizona car insurance rates every year to reflect underwriting profits or losses. A period of higher than normal claims may result in additional price hikes, while a lower level of claims may produce more affordable Malibu insurance rates.
To illustrate this example, the graph below demonstrates which company has the cheapest car insurance in Phoenix, AZ for a 40-year-old male driver with no accidents, a clean driving record, and good credit. If we estimate rates based on his current rating profile, The Hartford might quote the best car insurance rates in Phoenix at $1,138 a year. This is $290 less than the average policy premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA are also on the list of the best Phoenix, AZ auto insurance companies.
In this example, we will give the driver in the first chart a chargeable accident, less-than-perfect credit, and a few traffic violations. Because each insurer has a different process for determining prices, getting updated rate quotes could result in a new list of the cheapest companies as shown below.
GEICO now has the lowest car insurance rate in Phoenix with CSAA, Ameriprise Group, Safeco, and Allied now rounding out the top five. This shows why Arizona drivers need to shop around to get the lowest insurance rates for a Chevrolet Malibu.
Car insurance prices can be altered by many different factors and can change without notice, so the most economical option when you bought your policy may now not even be in the top five.
How to find economical insurance for a Chevrolet Malibu
It is possible to find better rates, and here are some of the better penny-pinching suggestions that can help you locate cheaper car insurance.
- Don’t have frequent claims
- Higher credit scores can equal lower rates
- Avoid preventable accidents
- Buy a vehicle with excellent safety ratings
- Avoid getting citations and tickets
- Check for cheaper rates once a year
That last idea is especially crucial, as we stressed in the article above. Prices in Phoenix adjust frequently, so don’t hesitate to switch to a new company if you can find a cheaper rate. Brand loyalty is not necessarily bad, but it’s not a great idea if that dedication is costing thousands of dollars over the life of your policy. In just a couple of minutes you could compare rates and find cheaper auto insurance for a Chevrolet Malibu.
The agents listed below are a good start to aid you in deciding which coverages are best, as lots of drivers aren’t clear which coverage they need and would like to have professional advice when comparing insurance rates for a Malibu. It can be time-consuming to find the cheapest auto insurance company, and insurance agents can give you peace of mind knowing you have adequate coverage when you need it most. To locate a Phoenix car insurance agency nearest to you, click the button at the bottom.
State Farm: Lynn Hennessy
4645 E Chandler Blvd #110 – Phoenix, AZ 85048 – (480) 759-0203
Lupita Fernandez – State Farm Insurance Agent
2610 W Baseline Rd Ste 116 – Phoenix, AZ 85041 – (602) 633-2088
Allstate Insurance: Christine Yap
9303 N 7th St Ste 5 – Phoenix, AZ 85020 – (602) 371-0581
Chuck Kelly – State Farm Insurance Agent
314 E Thomas Rd – Phoenix, AZ 85012 – (602) 277-5776