If you want to find the absolute lowest rates, then the best way to find more affordable car insurance rates in Scottsdale is to start doing an annual price comparison from different companies in Arizona.
- Try to learn a little about how insurance works and the modifications you can make to prevent rate increases. Many policy risk factors that result in higher rates like speeding tickets, accidents and a substandard credit history can be remedied by being financially responsible and driving safely.
- Compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can quote rates from many different companies.
- Compare the new rate quotes to your existing rates to see if cheaper Malibu coverage is available. If you find a lower rate and change companies, make sure there is no lapse in coverage.
- Give notification to your agent or company of your intention to cancel your current car insurance policy. Submit the application along with any required down payment for your new policy. Once the paperwork is finalized, place the new proof of insurance certificate in an accessible location in your vehicle.
The most important part of shopping around is to use similar limits and deductibles on every quote and and to get prices from every company you can. This helps ensure an accurate price comparison and a thorough price selection.
It’s hard to fathom, but most consumers have stayed with the same insurance company for well over three years, and about 40% of consumers have never shopped around. With the average insurance premium being $1,578, Arizona drivers can cut their rates by as much as $733 a year by just shopping around, but they underestimate the amount of money they would save if they swap their current policy for a cheaper one.
Companies offering affordable Chevy Malibu rate quotes in Scottsdale, AZ
The companies shown below offer free rate quotes in Scottsdale, AZ. If multiple companies are listed, we suggest you compare several of them to get the cheapest price.
Chevy Malibu insurance charts and tables
The rate table below highlights detailed analysis of insurance coverage prices for Chevy Malibu models. Learning a little about how insurance quotes are figured can help customers make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $222 | $456 | $314 | $18 | $94 | $1,104 | $92 |
| Malibu Hybrid | $222 | $456 | $314 | $18 | $94 | $1,104 | $92 |
| Malibu LT | $250 | $456 | $314 | $18 | $94 | $1,132 | $94 |
| Malibu LTZ | $250 | $538 | $314 | $18 | $94 | $1,214 | $101 |
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Rates do not factor in vehicle garaging location which can change prices significantly.
Higher deductibles lower rates
One of the more difficult decisions when buying auto insurance is what deductibles to buy. The following insurance rates may help you to understand the cost difference when you buy lower versus higher coverage deductibles. The first data set uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $258 | $466 | $300 | $18 | $90 | $1,157 | $96 |
| Malibu Hybrid | $258 | $466 | $300 | $18 | $90 | $1,157 | $96 |
| Malibu LT | $292 | $466 | $300 | $18 | $90 | $1,191 | $99 |
| Malibu LTZ | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Malibu LS | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Malibu Hybrid | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Malibu LT | $212 | $314 | $300 | $18 | $90 | $934 | $78 |
| Malibu LTZ | $212 | $370 | $300 | $18 | $90 | $990 | $83 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Information does not factor in specific location which can impact rates significantly.
Based on these figures, using a $100 deductible will cost you roughly $21 more each month or $252 annually than choosing the higher $500 deductible. Since you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 19 months between claims, you would most likely save money if you opt for a higher deductible. The numbers below show the way you can make this decision for your own policy.
| Average monthly premium for $100 deductibles: | $99 |
| Average monthly premium for $500 deductibles (subtract): | – $78 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
One thing to be aware of is that raising deductibles to save money means you pay more out-of-pocket when you have a comprehensive or collision claim. That will require enough extra money in the event you have to pay more for the deductible.
Impact of speeding/accidents on auto insurance rates
The illustration below illustrates how violations and at-fault accidents influence Chevy Malibu insurance prices for each age group. The data assumes a single female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.
Cost of full coverage in Scottsdale
The illustration below illustrates the difference between Chevy Malibu auto insurance costs with liability coverage only compared to full coverage. The premium estimates are based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no policy discounts are applied.
When to stop buying comprehensive and collision coverage
There is no clear-cut rule of when to drop full coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s pretend your Chevy Malibu claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after paying your policy deductible. If it’s costing in excess of $600 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are some conditions where dropping physical damage coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.
Lower your auto insurance rates with discounts
Some insurance providers don’t list every available discount very well, so here is a list a few of the more common and the harder-to-find discounts you could be receiving when you buy Scottsdale car insurance online.
- Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents so companies give up to a 10% discount.
- Driver Training Discounts – Taking time to complete a course in driver safety could cut 5% off your bill and easily pay for the cost of the class.
- Online Discount – A few larger online companies will give a small break for buying a policy and signing up online.
- Government Employee Discount – Federal government employees could provide a small rate reduction with certain companies.
- Driving Data Discount – Insureds that choose to allow their auto insurance company to analyze their driving habits by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate may see discounts if they exhibit good driving behavior.
- Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you can avoid monthly service charges.
It’s important to note that most credits do not apply to all coverage premiums. Most only reduce individual premiums such as comprehensive or collision. Even though it appears adding up those discounts means a free policy, company stockholders wouldn’t be very happy.
The chart below visualizes the comparison of Chevy Malibu auto insurance costs with and without discounts applied to the premium. The data assumes a female driver, no accidents or driving violations, Arizona state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-policy, multi-car, safe-driver, and homeowner discounts applied.
Some of the larger companies that possibly offer these benefits possibly include:
Before buying, ask each company or agent which discounts they offer. A few discounts may not apply to policyholders in Scottsdale.
Why You Might Pay Lower Rates in Scottsdale
Many factors are part of the calculation when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, but other criteria are more obscure like where you live or how financially stable you are. It’s important that you understand the factors that come into play when calculating your policy premiums. When you understand what influences your rates, this enables you to make decisions that may reward you with lower premium levels.
The itemized list below are some of the major factors that factor into your prices.
Do you qualify for a multi-policy discount? – The majority of insurance companies afford discounts to buyers who consolidate policies with them, otherwise known as a multi-policy discount. The discount can add up to ten or even up to twenty percent in some cases. Even with this discount applied, it’s always a smart idea to compare Chevy Malibu rates in Scottsdale to verify if the discount is saving money. Drivers may still save money even if you insure with multiple companies
Insurance is expensive for younger drivers – Older drivers are more cautious drivers, cause fewer claims and accidents, and receive fewer citations. Teen drivers have a tendency to get distracted easily with other occupants in the car so insurance rates are higher.
The following data uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.
High coverage deductibles equal low rates – Insurance for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Chevy. A few examples of covered claims are a windshield shattered by a rock, flood damage, and burglary. Deductibles for physical damage tell how much you are required to pay before a claim is paid by your company. The higher the amount the insured has to pay upfront, the bigger discount you will receive.
Do you really need the extra coverages? – Insurance companies have many extra coverages that you can get tricked into buying if you aren’t diligent. Coverages for rental car coverage, high-cost glass coverage, and extra life insurance coverage are probably not needed. They may seem like a good idea when discussing your needs, but your needs may have changed so eliminate them to save money.
Your gender affects premiums – Statistics have proven that women are safer drivers than men. It does not mean females are better at driving than males. Women and men are responsible for at-fault accidents at about the same rate, but the men tend to have more serious accidents. Men also statistically receive more major tickets such as DWI and reckless driving.
The chart below illustrates the difference between Chevy Malibu insurance premiums for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, comp and collision included, $500 deductibles, drivers are single, and no discounts are taken into consideration.
Know your credit rating – Your credit score can be a huge factor in determining premium rates. If your credit history is not that good, you could pay less to insure your Chevrolet Malibu by spending a little time repairing your credit. Consumers who have high credit scores tend to be better risks to insure as compared to drivers with lower credit ratings.
Do thieves like your car? – Selecting a car model with advanced anti-theft systems can save you some money. Advanced theft deterrents like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder car theft.
Costs are affected by your address – Residing in areas with lower population can save you money when insuring your vehicles. People in densely populated areas regularly have much more traffic and much longer commute distances. Less people means less chance of accidents in addition to lower liability claims.
Insurance loss probability for a Chevy Malibu – Car insurance companies take into consideration insurance loss statistics for every vehicle when they calculate premium prices for each model. Vehicles that the data shows to have high amounts or severity of claims will have a higher premium rate.
The next table shows the collected loss data for Chevy Malibu vehicles. For each type of coverage, the loss probability for all vehicles compiled together is a value of 100. Numbers under 100 are indicative of better than average losses, while percentage numbers above 100 indicate more frequent claims or statistically larger losses.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Malibu | 94 | 100 | 109 | 139 | 145 | 120 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
You may need advice from an agent
Many drivers would rather sit down with an agent and that is not a bad decision A good thing about getting online price quotes is the fact that drivers can get cheap auto insurance rates but also keep your business local. Putting coverage with local agencies is still important in Scottsdale.
After filling out this simple form, your insurance coverage information is emailed to local insurance agents that give free quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to do any legwork due to the fact that quote results will go straight to your inbox. You can find lower rates without requiring a lot of work. If you need to compare rates from a specific company, you just need to find their quoting web page and fill out their quote form.
Choosing an insurance company requires more thought than just the price. These are some questions you should get answers to.
- Does the agency provide any after hours assistance?
- Does the agent help file claims?
- Are they in the agency full-time?
- Does the agency have a positive business rating?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- What is the financial rating for the quoted company?
- Will the agent or a CSR service your policy?
- Are all drivers listed on the coverage quote?
After getting good feedback to these questions and an acceptable price quote, you’ve probably found an provider that can be trusted to adequately provide auto insurance. Just be aware that policyholders can cancel coverage whenever you want so never feel that you’re stuck with the auto insurance policy for the full term.
One last thing about your coverage
Lower-priced car insurance in Scottsdale can be sourced both online and from local insurance agents, so you need to quote Scottsdale car insurance with both to get a complete price analysis. Some companies may not have online price quotes and most of the time these smaller providers sell through independent agents.
When shopping online for car insurance, it’s a bad idea to skimp on critical coverages to save a buck or two. There are too many instances where someone dropped comprehensive coverage or liability limits only to discover later they didn’t purchase enough coverage. Your focus should be to get the best coverage possible for the lowest price, but don’t skip important coverages to save money.
For more information, feel free to visit the resources below:
- Auto Insurance Learning Center (State Farm)
- What Insurance is Cheapest for a Toyota Corolla in Scottsdale? (FAQ)
- Who Has the Cheapest Auto Insurance for a Hyundai Elantra in Scottsdale? (FAQ)
- How Much are Car Insurance Quotes for a Jeep Wrangler in Scottsdale? (FAQ)
- Who Has Cheap Auto Insurance for College Students in Scottsdale? (FAQ)
- Who Has the Cheapest Scottsdale Auto Insurance for a Learners Permit? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- How to shop for a safer car (Insurance Institute for Highway Safety)