Prachi Singh
Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

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Leslie Kasperowicz
Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.

Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


Leslie Kasperowicz Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.


Why you can trust Insurance.com

Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Chevrolet Malibu is $2,470 per year or $206 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.

The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Chevrolet Malibu costs $2,470, whereas the 2023 Chevrolet Malibu costs $2,458 annually. This is $12 less than the 2024 rates.

GEICO offers the cheapest annual rate for 2024 Chevrolet Malibu at $2,054 per year.

Below, we'll look at Chevrolet Malibu insurance rates and show you how to save.

Average insurance cost of Chevrolet Malibu by model year

Year of Chevrolet Malibu modelAverage cost to insure
2024$2,470
2023$2,458
2022$2,363
2021$2,279
2020$2,205
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Compare Malibu insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm2WD 4 Door Sedan Automatic Turbo$2,509
GEICO2WD 4 Door Sedan Automatic Turbo$2,750
Progressive2WD 4 Door Sedan Automatic Turbo$3,095
Nationwide2WD 4 Door Sedan Automatic Turbo$3,194
Allstate2WD 4 Door Sedan Automatic Turbo$3,872

Chevrolet Malibu insurance rates per year

2024

2024 Chevrolet Malibu insurance rates

Average cost to insure $2,470
Annual cheapest rate $2,054
Available trims 1LT, 2LT, LS, LS Fleet, RS
RankCompanyAverage annual premium
1GEICO$2,054
2State Farm$2,150
3Progressive$2,428
4Nationwide$2,430
5Allstate$2,776
6Farmers$2,982
2023

2023 Chevrolet Malibu insurance rates

Average cost to insure $2,458
Annual cheapest rate $2,034
Available trims 1LT, 2LT, LS, LS Fleet, RS
RankCompanyAverage annual premium
1GEICO$2,034
2State Farm$2,133
3Progressive$2,371
4Nationwide$2,592
5Allstate$2,723
6Farmers$2,896
2022

2022 Chevrolet Malibu insurance rates

Average cost to insure $2,363
Annual cheapest rate $1,940
Available trims LS, LS Fleet, LT, Premier, RS
RankCompanyAverage annual premium
1GEICO$1,940
2State Farm$2,085
3Nationwide$2,271
4Progressive$2,329
5Allstate$2,707
6Farmers$2,846
2021

2021 Chevrolet Malibu insurance rates

Average cost to insure $2,279
Annual cheapest rate $1,915
Available trims L, LS, LS Fleet, LT, Premier, RS
RankCompanyAverage annual premium
1GEICO$1,915
2State Farm$1,974
3Progressive$2,266
4Nationwide$2,280
5Allstate$2,514
6Farmers$2,722
2020

2020 Chevrolet Malibu insurance rates

Average cost to insure $2,205
Annual cheapest rate $1,827
Available trims L, LS, LS Fleet, LT, Premier, RS
RankCompanyAverage annual premium
1GEICO$1,827
2State Farm$2,020
3Nationwide$2,130
4Progressive$2,201
5Allstate$2,437
6Farmers$2,617
2019

2019 Chevrolet Malibu insurance rates

Average cost to insure $2,157
Annual cheapest rate $1,776
Available trims L, LS, LS Fleet, LT, Premier, RS
RankCompanyAverage annual premium
1GEICO$1,776
2State Farm$1,898
3Nationwide$2,143
4Progressive$2,160
5Allstate$2,386
6Farmers$2,578
2018

2018 Chevrolet Malibu insurance rates

Average cost to insure $2,080
Annual cheapest rate $1,776
Available trims L, LS, LS Fleet, LT, Premier
RankCompanyAverage annual premium
1GEICO$1,776
2State Farm$1,842
3Progressive$2,060
4Nationwide$2,089
5Allstate$2,212
6Farmers$2,503
2017

2017 Chevrolet Malibu insurance rates

Average cost to insure $2,047
Annual cheapest rate $1,719
Available trims L, LS, LS Fleet, LT, Premier
RankCompanyAverage annual premium
1GEICO$1,719
2State Farm$1,753
3Progressive$2,056
4Allstate$2,132
5Nationwide$2,209
6Farmers$2,413

Methodology

Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.

Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:

  • Bodily injury liability of $100,000 per person and $300,000 per incident
  • Property damage liability of $100,000 per incident
  • Comprehensive and collision deductibles of $500
  • 40-year-old driver
  • Honda Accord LX
  • Good credit
  • A clean driving record
  • 12-mile commute, 10,000 annual mileage
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