Chevy Malibu Car Insurance – Is it Expensive?

The Chevy Malibu is chosen for its smooth style, impressive fuel economy and quality parts, but there’s another benefit regarding these cars: Cheap insurance. Learn more about why these cars are cheaper to insure (than most) and some of the other benefits to these luxurious (yet affordable) sedans.

Insurance companies base the price of the premium on many different factors including personal information about the driver(s) that will be on the policy, information about the car and the risk of the vehicle being involved in an accident or being stolen (which will result in a claim). Therefore, the price of the premium is based on not only the make, model and size of the car, but on the available safety features of the vehicle, as well. This, however, is good news because the Chevy Malibu is loaded with safety features that come standard.

Seat Belts

Every Malibu comes with a lap and shoulder seat belt for each seat, which offers added protection to all passengers and keeps the insurance lower.

Air Bags

One of the safest cars in its class, the Chevrolet Malibu is equipped with six air bags, including front air bags and side air bags (for each passenger). The air bag coverage for the entire car ensures that anyone driving or riding in the vehicle will be protected, in the event of an accident. Therefore, the risk of anyone being injured will be lower, which helps to keep the premium low.

StabiTrack – Electronic Stability Control System

The patented stability control system found in every Chevy Malibu provides the driver with extra control. StabiTrack Electronic Stability Control System helps to keep the car on the road and helps to lower the risk of accidents caused by weather conditions or other factors that require rapid response and fast maneuvering. Any feature that lowers the risk of an accident, such as StabiTrack can help to decrease the insurance premium.

Theft Deterrent Systems

The security system comes standard, as well, for Chevy Malibus, which helps to decrease the chances of the vehicle being stolen or damaged by theft. The theft deterrent system works by setting off flashing lights and the horn, which attracts attention to the car and eliminates theft or vandalism. Therefore, this standard feature helps to keep the insurance rates, low.

The Proof

Insurance companies need more than just stating that the vehicle is safe, they also need proof. Chevrolet and all other car companies need to prove through crash tests and the Insurance Institute for Highway Safety that their vehicles are safe and that the safety features work, as well. The 2010 Malibu is near the top of the list, which gets insurance companies’ attention and results in better rates.

Chevrolet Malibu is one of the cheapest cars to insure. In fact, the average monthly cost of insurance coverage for a Chevy Malibu is a little under $100. In addition, the cost of the premium remains low, even throughout several years of ownership.

One Response to “Chevy Malibu Car Insurance – Is it Expensive?”

  1. I disagree, My 2011 Chevy Malibu cost me twice as much as my 2005 Corvette to insure, there is a number 24 listed on my insurance policy for the Malibe and a 15 for my Corvette. I wish someone could tell me why this is so. I know it is not for my credit score, because that is 785. If I knew that this would be so expensive to insure, I would never have bought it.

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