Finding low-cost Cheyenne Chevy Malibu insurance quotes online might appear intimidating for drivers that are not comfortable with quoting and online price comparisons. Because there are so many insurers available, how can Cheyenne drivers possibly compare every possible option in order to find the cheapest price possible?

Insurance rates Chevy Malibu in CheyenneUnbelievably, almost 70% of insureds have remained with the same car insurance company for at least four years, and 38% of drivers have never compared quotes from other companies. Cheyenne consumers could save themselves roughly $220 a year by just comparing rate quotes, but they don't invest the time required to shop their coverage around.

If you have coverage now, you will definitely be able to get lower rates using these techniques. Pricing the most affordable coverage in Cheyenne is not as hard as you may think. Nevertheless, Wyoming vehicle owners can benefit from knowing the methods companies use to calculate your policy premium and take advantage of how the system works.

Most larger insurance companies allow you to get insurance quotes on their websites. Getting online quotes for Chevy Malibu insurance in Cheyenne is quite simple because you just enter your required coverages into the quote form. Upon sending the form, the system will obtain your driving record and credit report and generates a price determined by many factors.

Quoting online for Chevy Malibu insurance in Cheyenne streamlines rate comparisons, and it's also necessary to perform this step if you want to get the best rate on auto insurance.

To find out how much you can save on auto insurance, compare rates from the companies below. If you have a policy now, it's recommended you input the insurance coverages identical to your current policy. This ensures you will get a rate comparison based on the exact same insurance coverage.

The companies shown below have been selected to offer price quotes in Cheyenne, WY. If more than one company is shown, we suggest you get price quotes from several of them in order to get a fair rate comparison.

Chevrolet Malibu Insurance Rate Estimates in Cheyenne, WY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $266 $546 $376 $22 $112 $1,322 $110
Malibu Hybrid $300 $546 $366 $22 $110 $1,344 $112
Malibu LT $186 $332 $466 $28 $140 $1,152 $96
Malibu LTZ $348 $656 $358 $22 $108 $1,492 $124
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Wyoming minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Premium costs do not factor in specific zip code location which can decrease or increase price quotes significantly.

Should you raise deductibles?

A question often asked by Cheyenne drivers is where should you set your physical damage deductibles. The following tables can help you understand the rate difference when you buy lower versus higher comp and collision deductibles. The first set of prices uses a $100 physical damage deductible and the second price table uses a $1,000 deductible.

Chevrolet Malibu insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $308 $556 $358 $22 $108 $1,377 $115
Malibu Hybrid $308 $556 $358 $22 $108 $1,377 $115
Malibu LT $348 $556 $358 $22 $108 $1,417 $118
Malibu LTZ $348 $656 $358 $22 $108 $1,517 $126
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Chevrolet Malibu insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $172 $294 $358 $22 $108 $954 $80
Malibu Hybrid $172 $294 $358 $22 $108 $954 $80
Malibu LT $194 $294 $358 $22 $108 $976 $81
Malibu LTZ $194 $346 $358 $22 $108 $1,028 $86
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wyoming minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rate information does not factor in specific Cheyenne garaging location which can lower or raise premiums significantly.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs approximately $37 more each month or $444 a year than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 24 months between claims, you would probably come out ahead if you choose a higher deductible.

Calculate deductible break even point

Average monthly premium for $100 deductibles: $119
Average monthly premium for $1,000 deductibles (subtract): - $82
Monthly savings from raising deductible: $37
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $37
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

One important issue to know is that higher deductibles results in having to pay to pay more out-of-pocket when you file a claim. It will be required that you have enough extra money in order to pay more to get your vehicle repaired.

Drive safe and save

The diagram below shows how speeding tickets and at-fault collisions increase Chevrolet Malibu auto insurance rates for different insured age categories. The premium estimates are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no other discounts are factored in.

Does car insurance advertising bend the truth?

Big name companies like GEICO, State Farm and Progressive constantly bombard you with television, radio, and online ads. They all seem to make the same claim that you'll save big if you just switch your coverage. How do they all say the same thing? This is the trick they use.

Insurance providers have a certain "appetite" for the type of customer they prefer to insure. For instance, a preferred risk might be between the ages of 30 and 50, carries full coverage, and has great credit. Any person who meets those qualifications will most likely get cheap rates and is almost guaranteed to pay quite a bit less when switching companies.

People who do not meet the "perfect" profile must pay higher premiums and ends up with the customer buying from a different company. Company advertisements say "customers who switch" not "everybody who quotes" save the amount stated. That is how insurance companies can claim big savings.

This really drives home the point why it's extremely important to compare rate quotes every year. It is just not possible to predict which insurance companies will have the lowest rate quotes.

Insurance just makes sense

Even though it's not necessarily cheap to insure a Chevy in Cheyenne, paying for insurance is most likely required but also gives you several important benefits.

The benefits of insuring your Malibu more than offset the price you pay, especially if you ever need it. An average driver in America is overpaying more than $865 each year so you should quote and compare rates at every renewal to help ensure money is not being wasted.

Lower rate quotes with these ten discounts

Companies that sell car insurance don't always list every discount they offer in an easy-to-find place, so the following is a list of some of the best known as well as some of the hidden insurance savings.Discount insurance

You can save money using discounts, but most credits do not apply to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you can get free auto insurance, it's just not the way it works.

A few companies who may offer some of the above discounts possibly include:

When getting free Cheyenne car insurance quotes, it's a good idea to each insurance company which discounts they offer. All car insurance discounts might not be offered in Cheyenne.

Car insurance quotes from neighborhood Cheyenne auto insurance agents

A lot of people still like to buy from a local agent and we recommend doing that One of the benefits of comparing car insurance online is you may find cheap rate quotes and still buy from a local agent. Buying from and supporting local agents is definitely important in Cheyenne.

Insurance agency in CheyenneTo find an agent, once you fill out this quick form, your information is emailed to participating agents in Cheyenne who will give you bids for your car insurance coverage. It's much easier because you don't need to contact any agents because quoted prices will be sent directly to your email. You'll get the best rates and an insurance agent to talk to. If you want to quote rates from a specific company, you would need to jump over to their website and submit a quote form there.

Shown below is a short list of car insurance companies in Cheyenne that may be willing to give price quotes for Chevy Malibu insurance in Cheyenne.

View more Cheyenne agents

Choosing a insurer is decision based upon more than just the price. Before buying a policy in Cheyenne, get answers to these questions.

Car insurance coverage breakdown

Understanding the coverages of car insurance helps when choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like falling objects, vandalism, hitting a bird and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for expenses for surgery, dental work and funeral costs. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Liability coverages

This will cover damage that occurs to a person or their property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/20 which stand for $25,000 in coverage for each person's injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $20,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers claims like loss of income, bail bonds, emergency aid, funeral expenses and attorney fees. How much coverage you buy is up to you, but consider buying as large an amount as possible. Wyoming requires minimum liability limits of 25/50/20 but drivers should carry higher limits.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like scraping a guard rail, colliding with another moving vehicle, rolling your car and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible on your Malibu in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Chevy Malibu.

Because many people only purchase the least amount of liability that is required (which is 25/50/20), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are identical to your policy's liability coverage.

Smart shoppers get results

Lower-priced Chevy Malibu insurance in Cheyenne can be found online and from local insurance agents, and you need to price shop both to get a complete price analysis. Some insurance companies may not offer price quotes online and these regional carriers only sell through local independent agents.

As you quote Cheyenne car insurance, it's very important that you do not reduce coverage to reduce premium. In too many instances, someone dropped uninsured motorist or liability limits and discovered at claim time that the small savings ended up costing them much more. Your goal is to purchase plenty of coverage at the best cost while still protecting your assets.

Drivers change insurance companies for any number of reasons including policy cancellation, questionable increases in premium, lack of trust in their agent and not issuing a premium refund. Regardless of your reason for switching companies, finding a great new company can be pretty painless.

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