Chevrolet Malibu Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: May 1, 2024

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How much does a Chevrolet Malibu cost to insure? The average Chevrolet Malibu insurance rates are $115 per month or $1,384 annually. However, many factors impact your ability to get affordable Chevy Malibu car insurance, like the age of your vehicle. For example, the 2010 Chevy Malibu insurance costs will be less than the 2017 Chevy Malibu insurance costs or even the cost of a Chevy Malibu 2012 model. 

Some people, like teen drivers, might require high-risk car insurance, which could increase your Chevy Malibu costs, while others may be low-risk drivers eligible for cheap car insurance for the Malibu. The insurance costs for a 2016 Chevrolet Malibu for a teenager will, therefore, be higher than an older driver. 

No matter your circumstances, read through our comprehensive guide to learn how to lower your rates for insurance on a Chevy Malibu. Different Chevy Malibu car insurance companies will provide different Chevy Malibu car insurance quotes so remember to shop around.

When you’re ready to secure affordable car insurance rates for a Chevy Malibu, just enter your five-digit ZIP code into our FREE quote comparison tool to get started.

The average insurance rates for a Chevrolet Malibu are $1,366 a year for full coverage. Comprehensive insurance costs an estimated $306, collision insurance costs $512, and liability insurance is estimated at $390. A liability-only policy costs approximately $452 a year, and high-risk insurance costs $2,940 or more. 16-year-old drivers cost the most to insure at up to $5,052 a year.

Average premium for full coverage: $1,366

Policy rates broken down by type of insurance:

Comprehensive $306
Collision $512
Liability $390

Prices include $500 physical damage deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all states and for different Malibu trim levels.

Price Range Variability

For a 40-year-old driver, Chevrolet Malibu insurance rates range from as low as $452 for basic liability insurance to a much higher rate of $2,940 for coverage for higher-risk drivers.

Liability Only $452
Full Coverage $1,366
High Risk $2,940

Urban vs. Rural Price Range

Living in a larger city has a significant impact on insurance rates. More rural locations are shown to have a lower frequency of accident claims than congested cities. The price range example below illustrates how your location can change insurance prices.

Rural Areas $1,025
Small Cities $1,434
Large Cities $1,844

The examples above show why anyone shopping for car insurance should get quotes for a targeted area and risk profile, rather than relying on rate averages.

Use the form below to get customized rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Rate Comparisons

The chart below shows average Chevrolet Malibu insurance rates for other coverage scenarios.

  • The best full coverage rate is $792
  • Choosing higher $1,000 deductibles can save approximately $186 a year
  • The average rate for a good driver age 40 who has $500 deductibles is $1,366
  • Buying more expensive low deductibles for comp and collision coverage will cost an extra $358 a year
  • High-risk insureds with multiple tickets or accidents could pay up to $2,940
  • Policy cost for full coverage for a teen driver with full coverage can cost as much as $5,052 each year

View Chart as Image

Chevrolet Malibu insurance cost comparison chart
Column chart showing Chevrolet Malibu insurance prices range from $792 to $5,052 for full coverage

Car insurance rates for a Chevrolet Malibu also range considerably based on your risk profile, the trim level of your Malibu, and liability limits and deductibles.

An older driver with no driving violations and high deductibles could pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged at least $5,000 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Malibu insurance rates. A good driver about age 40 could pay as low as $900 a year in states like Iowa, Maine, and Idaho, or at least $1,950 on average in New York, Louisiana, and Michigan.

Chevrolet Malibu Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,236 -$130 -9.5%
Alaska $1,048 -$318 -23.3%
Arizona $1,134 -$232 -17.0%
Arkansas $1,366 -$0 0.0%
California $1,556 $190 13.9%
Colorado $1,304 -$62 -4.5%
Connecticut $1,406 $40 2.9%
Delaware $1,546 $180 13.2%
Florida $1,710 $344 25.2%
Georgia $1,262 -$104 -7.6%
Hawaii $980 -$386 -28.3%
Idaho $924 -$442 -32.4%
Illinois $1,016 -$350 -25.6%
Indiana $1,030 -$336 -24.6%
Iowa $924 -$442 -32.4%
Kansas $1,300 -$66 -4.8%
Kentucky $1,864 $498 36.5%
Louisiana $2,022 $656 48.0%
Maine $844 -$522 -38.2%
Maryland $1,128 -$238 -17.4%
Massachusetts $1,094 -$272 -19.9%
Michigan $2,374 $1,008 73.8%
Minnesota $1,142 -$224 -16.4%
Mississippi $1,636 $270 19.8%
Missouri $1,212 -$154 -11.3%
Montana $1,468 $102 7.5%
Nebraska $1,078 -$288 -21.1%
Nevada $1,638 $272 19.9%
New Hampshire $982 -$384 -28.1%
New Jersey $1,528 $162 11.9%
New Mexico $1,210 -$156 -11.4%
New York $1,438 $72 5.3%
North Carolina $786 -$580 -42.5%
North Dakota $1,118 -$248 -18.2%
Ohio $944 -$422 -30.9%
Oklahoma $1,402 $36 2.6%
Oregon $1,250 -$116 -8.5%
Pennsylvania $1,304 -$62 -4.5%
Rhode Island $1,822 $456 33.4%
South Carolina $1,238 -$128 -9.4%
South Dakota $1,152 -$214 -15.7%
Tennessee $1,198 -$168 -12.3%
Texas $1,648 $282 20.6%
Utah $1,010 -$356 -26.1%
Vermont $936 -$430 -31.5%
Virginia $818 -$548 -40.1%
Washington $1,054 -$312 -22.8%
West Virginia $1,252 -$114 -8.3%
Wisconsin $946 -$420 -30.7%
Wyoming $1,220 -$146 -10.7%

View Chart as Image

Chevrolet Malibu insurance rates by U.S. city

Opting for high physical damage deductibles can save as much as $550 each year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $351 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,600 to $2,200 extra every year, depending on your age. High-risk driver insurance ranges anywhere from 44% to 131% more than the average rate. View High Risk Driver Rates

Insurance Rates by Trim Level and Model Year

Chevrolet Malibu Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Chevrolet Malibu LS $1,294 $108
Chevrolet Malibu Hybrid $1,354 $113
Chevrolet Malibu LT $1,336 $111
Chevrolet Malibu LTZ $1,422 $119

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

Chevrolet Malibu Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Chevrolet Malibu $322 $532 $372 $1,384
2023 Chevrolet Malibu $306 $512 $390 $1,366
2022 Chevrolet Malibu $294 $506 $398 $1,356
2021 Chevrolet Malibu $284 $494 $416 $1,352
2020 Chevrolet Malibu $274 $474 $430 $1,336
2019 Chevrolet Malibu $260 $458 $442 $1,318
2018 Chevrolet Malibu $250 $424 $452 $1,284
2017 Chevrolet Malibu $240 $400 $456 $1,254
2016 Chevrolet Malibu $230 $358 $460 $1,206
2015 Chevrolet Malibu $214 $330 $460 $1,162
2014 Chevrolet Malibu $206 $310 $464 $1,138
2013 Chevrolet Malibu $202 $288 $474 $1,122
2012 Chevrolet Malibu $186 $268 $474 $1,086
2011 Chevrolet Malibu $182 $244 $478 $1,062
2010 Chevrolet Malibu $170 $222 $474 $1,024
2009 Chevrolet Malibu $160 $202 $474 $994
2008 Chevrolet Malibu $154 $182 $468 $962
2007 Chevrolet Malibu $152 $178 $460 $948
2006 Chevrolet Malibu $150 $168 $452 $928
2005 Chevrolet Malibu $138 $160 $446 $902

Rates are averaged for all Chevrolet Malibu models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find the Right Chevrolet Malibu Insurance

Finding cheaper rates on Chevrolet Malibu insurance takes being a safe and courteous driver, having above-average credit, avoid buying unnecessary coverage, and possibly higher deductibles. Invest the time to shop around at least once a year by getting rate quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below is a quick rundown of the primary concepts that were illustrated above.

  • Drivers can save approximately $160 per year just by shopping early and online
  • High-risk drivers with reckless driving or DUI convictions pay an average of $1,570 more annually for auto insurance
  • Increasing comprehensive and collision deductibles can save around $550 each year
  • Teenage drivers have the highest car insurance rates, costing up to $421 each month if full coverage is included

As you can see from the above information, the price of a 2018 Chevy Malibu for insurance will be different than the 2016 Chevy Malibu insurance costs. The 2014 Chevy Malibu price ranges will also be different, and it’s important to know the different before buying Chevy Malibu car insurance.

Whether you want to know how much does a 2016 Chevy Malibu cost to insure, or what’s the cost of a Chevy Malibu 2018 model for insurance, we can help you get the lowest rates. Just enter your five-digit ZIP code into our FREE quote comparison tool below to get the best Chevy Malibu insurance rates.

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What are the safety ratings for the Chevrolet Malibu?

Looking at the Chevrolet Malibu safety ratings can help you discover which discounts you may qualify for, and what might be costing you extra money. 

Take a look at this vehicle’s safety ratings below:

  • Small overlap front (driver-side): Good
  • Small overlap front (passenger-side): Marginal
  • Moderate overlap front: Good
  • Side: Good
  • Roof strength: Good
  • Head restraints and seats: Good

A rating of ‘Good’ is the highest possible score given by the Insurance Institute for Highway Safety. These nearly perfect ratings will help minimize your car insurance rates.

Because it was redesigned in 2008, you can use the 2008 Chevy Malibu price range and safety ratings as a good starting point for all newer versions of this car. 

Just remember, the 2012 Chevrolet Malibu costs will be higher because it’s newer. The same goes for the 2016 Chevrolet Malibu costs, and of course the 2018 Chevrolet Malibu costs, and so one and so forth. 

You may be wondering are Chevy Malibu parts expensive to replace? If so, insurance companies will charge more for coverage. Unfortunately, these cars are pricier to fix. For example, the 2016 Malibu price range is above average.

Chevrolet Malibu Compared Against other Vehicles in the Same Class

Comparing the Chevrolet Malibu to similar vehicles can help you save money, especially if the Chevrolet Malibu has a better loss ratio than other vehicles in its class. 

Is a Chevy Malibu a sports car? No, officially, the Insurance Institute for Highway Safety classifies it as a midsize four-door sedan. There are different variations, like the 2012 Malibu LT2, and the 2018 Malibu LTZ. 

Take a look at some other comparable vehicles below.

Unfortunately, the Chevrolet Malibu has substantially worse than average personal injury and medical payment insurance loss ratios, at 43 percent and 62 percent respectively. The bodily injury insurance loss ratio is worse than average at 28 percent. These numbers definitely lead to higher insurance rates. 

Let’s talk about how much does a Malibu cost based on the model age. How much does a brand new Chevy Malibu cost? Depending on what model you choose, the cost is right under $30,000 in total. 

Older versions will cost less. How much is a 2012 Malibu worth? A 2012 Chevy Malibu costs around $23,000, and a 2015 Malibu costs just a little more. 

For those wanting to buy used, an older 2008 Chevy Malibu is worth under $3,000 total. This is similar to how much a 2006 Chevy Malibu is worth. When you get to the 2011 Malibu costs, the totals jump back above $20,000. 

Asking is the 2020 Chevy Malibu a good car is pretty subjective, so don’t hesitate to take a Chevy Malibu LTZ 2020 model for a test drive before choosing to buy.

Research is important when looking at car models. For example. when it comes to how much is a Chevy Malibu 2018 model, the total cost is lower than older Malibus due to electrical issues that cause the engine to fail. Therefore, how much a 2012 Chevy Malibu is worth is more than the 2018 model. 

You’re now an expert on getting the best Chevy Malibu insurance quotes. Ready to see your low-cost quotes? Just enter your ZIP code into our FREE quote comparison tool to get the best Chevy Malibu car insurance rates from top auto insurance companies.

Rates by Driver Age

Chevrolet Malibu Insurance Rates by Driver Age
Driver Age Premium
16 $5,052
20 $3,130
30 $1,424
40 $1,366
50 $1,246
60 $1,222

Full coverage, $500 deductibles

Rates by Deductible

Chevrolet Malibu Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,724
$250 $1,560
$500 $1,366
$1,000 $1,180

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Malibu Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,366
50/100 $1,500
100/300 $1,598
250/500 $1,851
100 CSL $1,539
300 CSL $1,754
500 CSL $1,910

Full coverage, driver age 40

Rates for High Risk Drivers

Chevrolet Malibu Insurance Rates for High Risk Drivers
Age Premium
16 $7,202
20 $4,976
30 $3,004
40 $2,940
50 $2,804
60 $2,778

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $187

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $72
Multi-vehicle $70
Homeowner $20
5-yr Accident Free $99
5-yr Claim Free $87
Paid in Full/EFT $62
Advance Quote $67
Online Quote $97
Total Discounts $574
Rate after discounts $792

Discounts are estimated and may not be available from every company or in every state.

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