Insurance quote for Chevy Malibu in Fort WayneDid you make the mistake of buying an expensive auto insurance policy? Believe me, there are many Fort Wayne consumers feeling the pinch from expensive auto insurance.

Shockingly, most Indiana auto insurance customers have been with the same company for well over three years, and 38% of drivers have never compared rates with other companies. American insurance shoppers could save an average of roughly $859 each year by just comparing quotes, but they feel it's too difficult to compare other rate quotes.

Companies like GEICO and Progressive all promote huge savings with fancy advertisements and consumers find it hard to ignore the flashy ads and take the time to shop coverage around.

It's a great practice to compare prices periodically since prices go up and down regularly. Just because you found the lowest rate on Chevy Malibu insurance in Fort Wayne a year ago there may be better deals available now. There are a lot of ways to save on Malibu insurance on the web, but in this article, you're going to get some tested techniques to quit paying high auto insurance rates in Fort Wayne.

If you are already insured, you will definitely be able to reduce the price you pay using this strategy. Locating the best insurance company for you in Fort Wayne is much easier if you have a good place to start. Nevertheless, Indiana drivers need to have an understanding of how big insurance companies market insurance on the web because it can help you find the best coverage.

Buy Fort Wayne Chevy Malibu insurance online

When comparison shopping, there are several ways to compare rate quotes from many different Indiana insurance companies. The simplest method to find the cheapest insurance rates consists of shopping online.

It's so fast and easy to compare quotes online that it makes it obsolete to call or drive to insurance agencies in your area. Quoting Chevy Malibu insurance online makes this process obsolete unless you're the type of person who wants the advice and guidance of a local Fort Wayne agent. You can, however, compare online quotes but have your policy serviced through an agent.

Keep in mind that more quotes helps you find a lower rate. Not every company does Fort Wayne Malibu insurance quotes over the internet, so you should also compare prices from the smaller companies as well.

The following companies provide free quotes in Indiana. If several companies are displayed, it's highly recommended you compare several of them in order to get a fair rate comparison.

Chevrolet Malibu Insurance Rate Estimates in Fort Wayne, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $116 $236 $318 $18 $94 $782 $65
Malibu Hybrid $198 $336 $290 $18 $86 $928 $77
Malibu LT $192 $334 $364 $22 $110 $1,022 $85
Malibu LTZ $272 $530 $380 $22 $114 $1,318 $110
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rate information does not factor in vehicle location which can revise insurance rates considerably.

Premiums by gender and age

The information below compares Chevrolet Malibu auto insurance rates for male and female drivers. The information is based on no claims or driving violations, full coverage, $500 deductibles, drivers are single, and no discounts are applied.

Responsible drivers pay cheaper Fort Wayne car insurance rates

The chart below demonstrates how speeding tickets and accidents can drive up Chevrolet Malibu insurance rates for different age groups. The price estimates are based on a married male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.

Analysis of deductible levels

One of the more difficult decisions when buying car insurance is where to set your physical damage deductibles. The comparison tables below sum up the difference in cost when you choose different physical damage coverage deductibles. The first set of rates uses a $100 physical damage deductible and the second pricing table uses a $500 deductible.

Chevrolet Malibu insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $242 $436 $280 $16 $84 $1,083 $90
Malibu Hybrid $242 $436 $280 $16 $84 $1,083 $90
Malibu LT $272 $436 $280 $16 $84 $1,113 $93
Malibu LTZ $272 $514 $280 $16 $84 $1,191 $99
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Chevrolet Malibu insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Malibu LS $176 $294 $280 $16 $84 $850 $71
Malibu Hybrid $176 $294 $280 $16 $84 $850 $71
Malibu LT $200 $294 $280 $16 $84 $874 $73
Malibu LTZ $200 $348 $280 $16 $84 $928 $77
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Table data does not factor in specific location which can influence premium rates significantly.

Using the premium rates above, we can conclude that using a $100 deductible will cost in the ballpark of $20 more each month or $240 each year than opting for the higher $500 deductible. Since you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 20 months between claim filings, you would more than likely save some money by going with a higher deductible.

How to calculate if a higher deductible is a good decision

Average monthly premium for $100 deductibles: $93
Average monthly premium for $500 deductibles (subtract): - $73
Monthly savings from raising deductible: $20
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $20
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

One important note is that increasing deductibles to save money means you pay more out-of-pocket when you have to file a claim. You should have enough extra money in the event you need to pay the deductible for vehicle repair.

Fort Wayne insurance discounts for a Chevy Malibu

The price of auto insurance can be rather high, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but less common discounts must be inquired about before you get the savings.Save money with discounts

As a footnote on discounts, many deductions do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like all those discounts means the company will pay you, it doesn't quite work that way.

The best car insurance companies and some of the premium reductions they offer are shown below.

If you need lower rates, check with all the companies which discounts you qualify for. A few discounts may not apply to policyholders in every state. For a list of insurance companies that can offer you the previously mentioned discounts in Fort Wayne, follow this link.

Why you need insurance

Despite the high cost, maintaining insurance is required by state law in Indiana and it also provides benefits you may not be aware of.

The benefits of insuring your Malibu more than offset the price you pay, particularly if you ever have a claim. As of last year, the average driver in Indiana is currently overpaying as much as $869 every year so you should quote your policy with other companies at every policy renewal to help ensure money is not being wasted.

You are unique and your insurance should be too

Always remember that when buying your policy, there really is no perfect coverage plan. Every situation is different.Drive safe and save

For instance, these questions might help in determining if your insurance needs would benefit from professional advice.

If you're not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. If you don't have a local agent, take a second and complete this form.

Exclusive versus independent auto insurance agents

Some people would rather get advice from a local agent and doing so can bring peace of mind A nice benefit of comparing insurance online is that you can find lower rates and still have an agent to talk to.

Insurance agents in Fort WayneTo find an agent, once you fill out this quick form, your coverage information is emailed to participating agents in Fort Wayne who will give you quotes for your insurance coverage. You won't need to drive around due to the fact that quote results will go immediately to you. You can find better rates without having to waste a lot of time. If for some reason you want to compare rates from a specific insurance provider, you can always search and find their rate quote page and fill out the quote form the provide.

Deciding on a provider should include more criteria than just the bottom line cost. These questions are important to ask:

Two types of Fort Wayne car insurance agents

If you're trying to find an insurance agent, you need to know there are two different types of agents that you can select. Insurance agencies in Fort Wayne may be either independent or exclusive depending on the company they work for.

Exclusive Agents

Agents that elect to be exclusive can only write with one company like American Family, State Farm, and AAA. They generally cannot compare other company's rates so they are skilled at selling on more than just price. These agents receive extensive training on sales techniques which helps them sell insurance even at higher premiums.

The following is a list of exclusive insurance agencies in Fort Wayne that can give you price quote information.

4011 W Jefferson Blvd #175 - Fort Wayne, IN 46804 - (260) 434-4440 - View Map

6061 N Clinton St - Fort Wayne, IN 46825 - (260) 484-6199 - View Map

5668 St Joe Rd - Fort Wayne, IN 46835 - (260) 486-8663 - View Map

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Independent Agents (or Brokers)

Independent insurance agents are appointed with more than one company and that gives them the ability to insure amongst many companies and get the cheapest rates. If your agent finds better pricing, your agent can just switch to a different company and that require little work on your part.

When comparing rates, you need to include several independent insurance agents for the best price selection.

The following is a list of independent insurance agencies in Fort Wayne that can give you comparison quotes.

4324 Flagstaff Cove - Fort Wayne, IN 46815 - (260) 702-0945 - View Map

707 Airport North Office Park - Fort Wayne, IN 46825 - (260) 482-6700 - View Map

2200 Lake Ave #120 - Fort Wayne, IN 46805 - (260) 422-5377 - View Map

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