Feel like you have overpriced Chevy Malibu insurance in Casper? Trust us when we tell you there are lots of people in the same boat.
A recent study showed that almost 70% of drivers have bought auto insurance from the same company for at least the last four years, and almost 40% of drivers have never compared quotes from other companies. With the average auto insurance premium being $1,260, Casper drivers could save $215 every year just by shopping around, but they don't believe the large savings they would see if they changed companies.
You have multiple car insurance companies to pick from, and although it's a good thing to have multiple companies, lots of choices makes it harder to compare company pricing for Chevy Malibu insurance in Casper.
Consumers need to do price comparisons quite often because auto insurance prices fluctuate regularly. Even if you think you had the lowest quotes on Chevy Malibu insurance in Casper a few years ago a different company probably has better rates today. Block out anything you think you know about auto insurance because it's time to teach you one of the easiest ways to find lower rates on auto insurance.
Most major insurance companies such as GEICO, State Farm and Progressive give coverage price quotes online. Obtaining pricing for Chevy Malibu insurance in Casper doesn't take a lot of time as all you need to do is type in your coverage information into the form. When the form is submitted, their rating system will obtain credit information and your driving record and returns a price quote. The ability to get online rates for Chevy Malibu insurance in Casper makes it easy to compare insurance prices and it's also necessary to compare as many rates as possible if you want to find a better rate.
To find out how much you can save on insurance, compare rates from the companies below. If you have your current policy handy, we recommend you replicate the coverage information exactly as they are listed on your policy. This way, you will be getting rate quotes using the exact same coverages.
The companies shown below can provide price comparisons in Wyoming. If more than one company is shown, we suggest you visit several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Wyoming minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Price estimates do not factor in specific location information which can raise or lower coverage rates greatly.
How accidents and tickets impact rates
The illustration below highlights how speeding tickets and at-fault collisions can impact Chevrolet Malibu insurance costs for different insured age categories. Data assumes a single male driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.
Physical damage deductibles: Should you raise them?
The chart below demonstrates how deductible levels and can impact Chevrolet Malibu insurance prices for different insured age categories. The rate quotes are based on a single male driver, comp and collision included, and no policy discounts are applied.
Car insurance discounts are available to get cheap rates
Not too many consumers would say car insurance is affordable, but there may be some discounts that could help you make your next renewal payment. A few discounts will be applied when you purchase, but some need to be inquired about before being credited.
- Discounts for Good Drivers - Insureds without accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
- New Car Discount - Insuring a vehicle that is new can be considerably cheaper since newer vehicles have better safety ratings.
- Discounts for Federal Employees - Active or former government employment can earn a discount up to 10% depending on your company.
- First Accident Forgiveness - This one isn't a discount, but certain companies will allow you to have one accident before raising your premiums if you are claim-free before the accident.
- Air Bag Discount - Vehicles with factory air bags can qualify for discounts of 20 to 30 percent.
- Online Discount - Some car insurance companies will give a small break for buying a policy and signing up on the web.
- Anti-theft Discount - Cars and trucks optioned with advanced anti-theft systems can help prevent theft and will qualify for a discount on a Casper car insurance quote.
Drivers should understand that most credits do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. So even though it sounds like you could get a free car insurance policy, nobody gets a free ride.
To locate insurance companies that offer some of these discounts in Wyoming, follow this link.
Can't I compare prices from local Casper insurance agents?
Many people still prefer to get advice from a local agent and that is a smart decision The best thing about comparing insurance online is that you can find cheap rate quotes and still buy from a local agent. Putting coverage with local agents is still important in Casper.
For easy comparison, once you complete this short form, the quote information gets sent to participating agents in Casper who can give free rate quotes and help you find cheaper coverage. There is no need to drive around because prices are sent to your email. You'll get the best rates without having to waste a lot of time. If you wish to get a comparison quote from a specific company, just jump over to their website and complete a quote there.
Exclusive and independent Casper auto insurance agents
If you would like to find a good Casper insurance agent, there are two types of insurance agents and how they work. Insurance policy providers can either be exclusive or independent agents depending on their company appointments.
Independent Insurance Agents
These type of agents are normally appointed by many insurers and that gives them the ability to insure amongst many companies and find you the best rates. If premiums increase, they simply move the coverage in-house and you don't have to find a new agent.
If you are trying to find cheaper rates, you need to include independent agents to have the most options to choose from.
Shown below is a short list of independent agencies in Casper who may provide comparison quotes.
Exclusive Insurance Agents
Exclusive agencies can only provide pricing for a single company and examples are Allstate, State Farm and Farmers Insurance. They are unable to provide other company's prices so keep that in mind. These agents receive a lot of sales training on their company's products and that allows them to sell at a higher price point.
Shown below is a short list of exclusive agents in Casper that can give you rate quotes.
Deciding on an insurance agency shouldn't rely on just a cheap price quote. These are some questions you should get answers to.
- Does the agent have a valid license to sell insurance in Wyoming?
- Are claims handled at the agent's location?
- Do they receive special compensation for putting your coverage with one company over another?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Do they specialize in personal lines coverage in Casper?
- Do they assist clients in filing claims?
- Will the company cover a rental car if your car is getting fixed?
If you feel you receive good answers to your questions as well as offering an affordable quote, you've probably found a car insurance agent that can provide insurance coverage.
When should I discuss my situation with an agent?
When selecting a policy for your personal vehicles, there isn't really a single plan that fits everyone. You are unique and your policy should reflect that. For example, these questions may help highlight if you will benefit from professional help.
- Do I have coverage if my license is suspended?
- Are my company tools covered if they get stolen?
- What if a claim settlement is too low?
- Why am I required to get a high-risk car insurance policy?
- What does roadside assistance cover?
- What is the difference between comprehensive and collision coverage?
- How much cheaper are high deductibles?
- When would I need additional glass coverage?
If you're not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Find Cheap Car Insurance with These Tips
Lots of factors are part of the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, but other factors are more obscure like your continuous coverage or your financial responsibility. Part of the car insurance buying process is learning some of the elements that come into play when calculating the level of your policy premiums. If you understand what impacts premium levels, this enables informed choices that could result in much lower annual insurance costs.
- Bundle policies to earn discounts - Lots of insurers give better rates to customers who carry more than one policy. It's known as a multi-policy discount. Even if you're getting this discount you still need to check prices from other companies to ensure the best deal.
- Car insurance rates and your job - Did you know your career choice can influence rates? Occupations like military generals, police officers, and accountants generally pay higher rates than the rest of us because of intense work requirements and long work hours. Conversely, occupations such as professors, engineers and the unemployed have the lowest average rates.
- How much liability coverage - The liability section of your policy is the protection if you are found to be at fault for damages caused by your negligence. Your liability coverage provides legal defense coverage which can be incredibly expensive. This coverage is relatively inexpensive as compared to coverage for physical damage, so do not skimp.
- Rates impacted by vehicle usage - The more miles you rack up on your Chevy every year the higher your rate. Most insurance companies calculate prices based upon how the vehicle is primarily used. Cars and trucks that sit idle most of the time cost less to insure as compared to vehicles used primarily for driving to work. An incorrectly rated Malibu may be costing you. It's a smart idea to ensure your declarations sheet is rated on the correct usage for each vehicle, because improper ratings can cost you money.
- Low deductibles mean high premiums - Comprehensive and collision coverage deductibles tell how much you are willing to pay before your car insurance pays a claim. Insurance for physical damage, also called comprehensive and collision insurance, is used to repair damage to your car. Examples of covered claims could be a windshield broken by a bird, fire damage, and damage caused by road hazards. The more you pay before a claim is paid (deductible), the less your car insurance will be.
- Five star safety rating saves money - Safer cars cost less to insure. These vehicles have better occupant injury protection and lower injury rates translates directly to fewer claims and cheaper rates on your policy. If your Chevy Malibu is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
- Chevy Malibu claim data - Insurance companies use past insurance losses to calculate a rate that offsets possible losses. Vehicles that are shown to have higher number or severity of losses will be charged more to insure. The next table illustrates the historical insurance loss data for Chevy Malibu vehicles.
For each coverage category, the claim amount for all vehicles, regardless of make, model or trim level, is set at 100. Values below 100 represent a good loss history, while values over 100 point to more claims or larger claims.
Insurance Loss Ratings for Chevrolet Malibu Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Chevrolet Malibu 94 100 109 139 145 120
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Best reasons to buy insurance in Wyoming
Despite the potentially high cost of Chevy Malibu insurance, buying insurance is required by state law in Wyoming and it also provides benefits you may not be aware of.
First, almost all states have compulsory liability insurance requirements which means you are required to buy a specific minimum amount of liability in order to drive the car. In Wyoming these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
Second, if your car has a lienholder, it's most likely the lender will make it a condition of the loan that you buy full coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank may buy a policy for your Chevy at an extremely high rate and require you to fork over the higher premium.
Third, insurance safeguards both your assets and your vehicle. It also can pay for most medical and hospital costs for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.
The benefits of having insurance more than cancel out the cost, specifically if you ever have a liability claim. But the average driver in Wyoming is overpaying more than $865 each year so it's recommended you shop around once a year at a minimum to make sure the price is not too high.
Persistence will pay off
When you buy Casper car insurance online, do not skimp on coverage in order to save money. In many cases, an accident victim reduced physical damage coverage and found out when filing a claim that the savings was not a smart move. The goal is to get the best coverage possible at the lowest possible cost and still be able to protect your assets.
Some insurance companies may not have rate quotes online and these regional carriers only sell coverage through independent agents. Cheaper Chevy Malibu insurance in Casper can be purchased on the web and with local Casper insurance agents, and you should compare rates from both to have the best rate selection.
We've covered a lot of ways to reduce Chevy Malibu insurance prices online in Casper. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers may even find the biggest savings come from the smaller companies. Some small companies may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate and Progressive.
To learn more, take a look at the resources below:
- Choosing a Car for Your Teen (State Farm)
- Who Has Cheap Auto Insurance for a Toyota Highlander in Wyoming? (FAQ)
- How Much are Wyoming Auto Insurance Quotes for a Nissan Rogue? (FAQ)
- What is the Best Auto Insurance in Cody, Wyoming? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Teenage Females in Wyoming? (FAQ)
- Who Has Cheap Auto Insurance Quotes in Wyoming? (FAQ)
- Who Has the Cheapest Wyoming Auto Insurance Quotes for a Toyota Camry? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Ford Escape in Wyoming? (FAQ)
- Who Has the Cheapest Wyoming Auto Insurance for a Learners Permit? (FAQ)
- Prom Night Tips for Teen Drivers (State Farm)
- State Car Insurance Guides (GEICO)
- Child Safety Seats (Insurance Information Institute)