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Key Takeaways
- Insurance for a Chevrolet Malibu costs an average of $1,584 annually or $132 per month.
- The cheapest insurance provider for Chevrolet Malibu is Allied at an average of $744 per annum.
- The car insurance premium rates are higher for young adults, those with driving infractions, and those with poor credit.
Being a popular name in the mid-size sedan segment, the Chevrolet Malibu is known for its practical interior and comfortable driving experience. But have you ever wondered how much the Chevrolet Malibu car insurance costs? If you haven’t, then now is the right time. One wrong choice could lead to gaps in coverage or higher premiums on your Chevrolet Malibu car insurance rate that may put your finances at risk.
Chevrolet Malibu Auto Insurance Cost
The average cost to insure a Chevrolet Malibu is around $1,584 per year, but you can lower your premiums by choosing the right insurance provider. Shopping around and comparing options can help you find the best deal for your coverage needs. With Way.com, getting a free quote is quick and hassle-free. You can compare multiple vetted providers in minutes and find low-cost car insurance deals for your Malibu.
Are Chevrolet Malibu Models Expensive to Insure?
The insurance cost for Chevrolet Malibu falls in the mid-range when compared to other mid-size sedans on the market. Although the Malibu is generally similar to its direct competitors like the Toyota Camry and Nissan Altima, the price difference is mainly due to the easy availability of parts and good safety features.
| Mid-Size Sedans | Average Annual Premium |
|---|---|
| Subaru Legacy | $1452 |
| Honda Accord | $1524 |
| Toyota Camry | $1572 |
| Chevrolet Malibu | $1584 |
| Volkswagen Passat | $1608 |
| Mazda 6 | $1632 |
| Hyundai Sonata | $1668 |
| Nissan Altima | $1680 |
| Ford Fusion | $1728 |
What Impacts the Cost of Chevrolet Malibu Car Insurance?
Several factors can impact your Chevrolet Malibu car insurance cost. Some of the common factors are:
- The driver's age
- The driver's gender
- The city you are in
- The age of the car
- Trim level of the car
- The insurance company you choose
Chevrolet Malibu Insurance Cost by Model Year
Older Chevrolet Malibu models usually have lower insurance costs insurance costs since newer versions come with more advanced features and technology. The average yearly insurance for a 2020 Malibu is $1,591. However, some older models might be more expensive to insure due to higher repair and maintenance costs.
| Model Year | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| 2020 Chevrolet Malibu | $133 | $1,591 |
| 2019 Chevrolet Malibu | $136 | $1,631 |
| 2018 Chevrolet Malibu | $125 | $1,497 |
| 2017 Chevrolet Malibu | $95 | $1,144 |
| 2016 Chevrolet Malibu | $90 | $1,084 |
| 2015 Chevrolet Malibu | $78 | $934 |
| 2014 Chevrolet Malibu | $74 | $885 |
| 2013 Chevrolet Malibu | $69 | $825 |
| 2012 Chevrolet Malibu | $66 | $787 |
| 2011 Chevrolet Malibu | $69 | $826 |
Chevrolet Malibu Cheapest Insurance Cost by Company
According to our research, Allied provides the most affordable Chevrolet Malibu car insurance rates, with an annual premium of $744. Texas Farm Bureau and Erie also offer competitive rates. However, the lowest price doesn't always mean the best value. It's essential to compare coverage options carefully and ensure the policy includes all the features you need. Go through some of the best-reviewed car insurance carriers for Malibu in the table below.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Allied | $62 | $744 |
| Texas Farm Bureau | $63 | $747 |
| Erie | $65 | $785 |
| Progressive | $72 | $861 |
| USAA | $73 | $880 |
Cheapest Insurance Companies Based on Chevrolet Malibu Model Years
2020 Chevrolet Malibu
On average, it costs around $1,591 per year to insure a 2020 Chevrolet Malibu. Vermont Mutual offers the most competitive rates at $1,128 per annum.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Vermont Mutual | $94 | $1,128 |
| Erie | $99 | $1,188 |
| Nationwide | $101 | $1,212 |
| USAA | $105 | $1,260 |
| Tennessee Farmers | $110 | $1,320 |
| American Family | $111 | $1,332 |
| 21st Century | $117 | $1,404 |
| Country | $121 | $1,452 |
| State Farm | $121 | $1,452 |
| Plymouth Rock Insurance | $125 | $1,500 |
| Mercury | $126 | $1,512 |
2019 Chevrolet Malibu
The average annual premium cost to insure a 2019 Chevrolet Malibu is $1,631. However, Erie offers the cheapest rates at an annual premium of $1,044.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $87 | $1,044 |
| Cincinnati Insurance | $91 | $1,092 |
| Auto Owners | $95 | $1,140 |
| USAA | $101 | $1,212 |
| Nationwide | $105 | $1,260 |
| American Family | $112 | $1,344 |
| Country | $115 | $1,380 |
| Plymouth Rock Insurance | $118 | $1,416 |
| State Farm | $118 | $1,416 |
| Mercury | $123 | $1,476 |
| Tennessee Farmers | $125 | $1,500 |
2018 Chevrolet Malibu
Erie offers the most competitive insurance rates for the 2018 Chevrolet Malibu at just $912 per annum. Otherwise, it costs around $1,497 per year to insure a 2018 model on average. Find low-cost car insurance deals in the table below.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $76 | $912 |
| USAA | $86 | $1,032 |
| Plymouth Rock Insurance | $87 | $1,044 |
| Tennessee Farmers | $88 | $1,056 |
| Vermont Mutual | $94 | $1,128 |
| Acuity | $99 | $1,188 |
| Nationwide | $101 | $1,212 |
| Progressive | $105 | $1,260 |
| American Family | $108 | $1,296 |
| Arbella | $112 | $1,344 |
| Country | $114 | $1,368 |
| Mercury | $114 | $1,368 |
2017 Chevrolet Malibu
For a 2017 model, Texas Farm Bureau offers the best Chevrolet Malibu insurance rate at just $816 per year. This is highly profitable compared to the general market trend, which is $1,144 yearly on average.
| Company | Average Monthly Rate | Average Annual Rate |
|---|---|---|
| Texas Farm Bureau | $68 | $816 |
| Erie | $70 | $840 |
| USAA | $79 | $948 |
| Tennessee Farmers | $86 | $1,032 |
| Plymouth Rock Insurance | $86 | $1,032 |
| Vermont Mutual | $90 | $1,080 |
| State Farm | $94 | $1,128 |
| Acuity | $98 | $1,176 |
| Progressive | $98 | $1,176 |
| Nationwide | $100 | $1,200 |
| American Family | $103 | $1,236 |
2016 Chevrolet Malibu
While the average annual premium for a 2016 Chevrolet Malibu is $1,084, Texas Farm Bureau stands out by offering the cheapest rates at $792 per year.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Texas Farm Bureau | $66 | $792 |
| Vermont Mutual | $82 | $984 |
| Erie | $86 | $1,032 |
| USAA | $96 | $1,152 |
| American Family | $102 | $1,224 |
| State Farm | $105 | $1,260 |
| Nationwide | $106 | $1,272 |
| 21st Century | $107 | $1,284 |
| Tennessee Farmers | $108 | $1,296 |
| Country | $108 | $1,296 |
| Auto Owners | $109 | $1,308 |
2015 Chevrolet Malibu
Offering an annual premium of $636, Erie offers the cheapest insurance rates for the 2015 Chevrolet Malibu, which is around $300 less than the general average of $934 per year.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Texas Farm Bureau | $66 | $792 |
| Vermont Mutual | $82 | $984 |
| Erie | $86 | $1,032 |
| USAA | $96 | $1,152 |
| American Family | $102 | $1,224 |
| State Farm | $105 | $1,260 |
| Nationwide | $106 | $1,272 |
| 21st Century | $107 | $1,284 |
| Tennessee Farmers | $108 | $1,296 |
| Country | $108 | $1,296 |
| Auto Owners | $109 | $1,308 |
2014 Chevrolet Malibu
It is highly profitable to opt for Erie as the insurance provider for the 2014 Chevrolet Malibu. The average annual cost is just $600, which is less than the average annual rate of $885.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $50 | $600 |
| USAA | $55 | $660 |
| Progressive | $62 | $744 |
| Texas Farm Bureau | $63 | $756 |
| State Farm | $65 | $780 |
| Vermont Mutual | $73 | $876 |
| Tennessee Farmers | $77 | $924 |
| Plymouth Rock Insurance | $79 | $948 |
| Nationwide | $82 | $984 |
| Acuity | $82 | $984 |
| American Family | $83 | $996 |
2013 Chevrolet Malibu
The insurance for a 2013 Chevrolet Malibu costs around $825 per annum on average. With Erie, you can expect to pay a lower premium of just $552 per year.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $46 | $552 |
| USAA | $50 | $600 |
| State Farm | $54 | $648 |
| Progressive | $59 | $708 |
| Texas Farm Bureau | $60 | $720 |
| Vermont Mutual | $71 | $852 |
| Tennessee Farmers | $75 | $900 |
| Plymouth Rock Insurance | $76 | $912 |
| Nationwide | $78 | $936 |
| American Family | $79 | $948 |
| Acuity | $83 | $996 |
2012 Chevrolet Malibu
You may have to pay around $787 to insure a 2012 Chevrolet Malibu on average. Nevertheless, Erie provides the cheapest rates at just $504 per annum.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $42 | $504 |
| USAA | $49 | $588 |
| State Farm | $51 | $612 |
| Progressive | $53 | $636 |
| Texas Farm Bureau | $58 | $696 |
| Vermont Mutual | $63 | $756 |
| Tennessee Farmers | $70 | $840 |
| Plymouth Rock Insurance | $75 | $900 |
| Acuity | $76 | $912 |
| American Family | $76 | $912 |
| Nationwide | 78 | 936 |
2011 Chevrolet Malibu
At $826 per year, the average insurance premium for a 2011 Chevrolet Malibu is higher compared to its followers. Erie offers cheaper deals at an annual premium of $540.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $45 | $540 |
| USAA | $52 | $624 |
| Texas Farm Bureau | $56 | $672 |
| Progressive | $59 | $708 |
| Vermont Mutual | $60 | $720 |
| State Farm | $65 | $780 |
| Tennessee Farmers | $71 | $852 |
| Plymouth Rock Insurance | $73 | $876 |
| Arbella | $76 | $912 |
| American Family | $77 | $924 |
| Nationwide | $78 | $936 |
Chevrolet Malibu Crash Test Ratings
Your Chevrolet Malibu car insurance rates will be affected by how well your car did in crash tests. Chevrolet Malibu has satisfactory crash test ratings over the different model years.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
|---|---|---|---|---|
| 2020 Chevrolet Malibu 4 DR FWD | 4 stars | 5 stars | 4 stars | 4 stars |
| 2019 Chevrolet Malibu Hybrid 4 DR FWD | 4 stars | 5 stars | 4 stars | 4 stars |
| 2019 Chevrolet Malibu 4 DR FWD | 4 stars | 5 stars | 4 stars | 4 stars |
| 2018 Chevrolet Malibu HEV 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2018 Chevrolet Malibu 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2017 Chevrolet Malibu Eco e-Assist 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2017 Chevrolet Malibu 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2016 Chevrolet Malibu Limited 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2016 Chevrolet Malibu Eco e-Assist 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2016 Chevrolet Malibu 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
Chevrolet Malibu Safety Features
The Malibu comes with a range of safety features, which can help reduce your Chevrolet Malibu car insurance costs.
Some of the installed features include:
- Automatic Emergency Braking
- Front Pedestrian Braking
- Lane Keep Assist with Lane Departure Warning
- Forward Collision Alert
- Multiple airbags
- Teen Driver Technology
- Rear Vision Camera
- StabiliTrak electronic stability control
- Rear Cross Traffic Alert
- Adaptive Cruise Control
- LATCH system for car seats
- OnStar Automatic Crash Response
Chevrolet Malibu Safety Ratings
The Chevrolet Malibu has good safety ratings, which makes it affordable to insure. The overall good ratings indicate a lower risk of injury, damage, and repair costs. Insurance companies often consider the safety ratings while determining the premium rates for a car model. Therefore, safety ratings play a key role in lowering Chevrolet Malibu car insurance cost.
| Category | IIHS Rating |
|---|---|
| Moderate overlap front | Good |
| Side: original test | Good |
| Small overlap front | Good |
| Small overlap front | Marginal |
| Roof strength | Good |
| Head restraints & seats | Good |
| Headlights | Marginal or Poor |
Ways to Save on Chevrolet Malibu Car Insurance
- Keep a clean driving record: Reckless or careless driving can stay on your record, leading to higher insurance premiums, especially if you have at-fault accidents or DUIs. It is advised to explore plans that suit your driving habits.
- Maintain a good credit score: Drivers with strong credit scores can save significantly on Chevrolet Malibu car insurance costs compared to those with lower scores.
- Obey traffic laws: Traffic violations can lead to a noticeable increase in your Chevrolet Malibu insurance rates.
- Take advantage of discounts: Look for common discounts like multi-policy, low mileage, good student, defensive driving, and loyalty discounts to lower your premiums.
- Bundle your insurance policies: Combining your auto and home insurance can help you save even more on your annual costs.
How Do I Find the Best Chevrolet Malibu Car Insurance Rates?
- Always research the market and insurance trends before purchasing car insurance for your Chevrolet Malibu. It could be tempting to choose a provider that offers a low rate. However, it's always better to apply for multiple free insurance quotes from as many companies as you can. You can either apply individually or use an insurance platform like Way.com.
- Compare, compare, compare – that should be your mantra when searching for the best policy. Only choose a provider who offers a balance of low rates and comprehensive coverage.
- In only a few minutes, an insurance aggregator like Way.com can help you find the lowest insurance rates you've qualified for with your financial position.
- The cheapest rates don't always mean the best! You can always consider spending a bit more to get comprehensive coverage. Also, find the best-reviewed car insurance carriers.
How to Get Chevrolet Malibu Auto Insurance with Way.com
Simply download the Way app or head to the Way.com website to start your auto insurance journey and get a free quote in just minutes! Compare offers from more than 140 different insurance providers on our platform, which lets you choose the best policy that may help you lower your Chevrolet Malibu car insurance cost- all in as little as 60 seconds!
Explore Other Chevrolet Models
INSURANCE AGENT EXPERTS
Auto Insurance Data Methodology
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
DATA SOURCES
Way.com’s Insurance Broker Quote Data
Frequently Asked Questions (FAQ)
How much does it cost to insure a Chevrolet Malibu?
Chevrolet Malibu car insurance cost typically ranges from $1,300 to $1,600 per year, depending on factors like the driver's age, location, driving history, and coverage level.
Is the Chevrolet Malibu expensive to insure compared to other sedans?
No, the insurance cost for a Chevrolet Malibu is generally in the mid-range compared to many other vehicles in its class. This is mainly due to its strong safety ratings and lower repair costs.
Is full coverage insurance necessary for a Chevrolet Malibu?
Full coverage is recommended if your Malibu is new, leased, or financed. If your car is older and fully paid off, liability coverage may be enough, depending on your financial situation and coverage needs.
Does Malibu's safety rating help lower insurance costs?
Yes, the Chevrolet Malibu's high safety ratings and standard safety features can qualify you for discounts and help reduce your premiums.
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