Malilipot is a 4th class municipality in the province of Albay, Philippines.
Malilipot traces its history to the expedition of Captain Juan de Salcedo in 1573 and the colonization of Albay Bay, now called Albay, with 120 soldiers and guides. During these period, towns were established. Libon was founded in 1573, Polangui in 1589, Oas in 1587, and Malinao in 1600. Other municipalities were established in succession. A story alleged that the Spanish colonizers reached this new settlement in the month of December. The weather was so cold that the Spaniards exclaimed "muy frio" which the natives interpreted as "Malilipot" meaning very cold. Another legendary name given to the town was "Manlipod" meaning "Protector" attributed to the mountain ranges which had protected the town from the early destructive eruptions of Mayon Volcano. It was said that, had it not been for these mountain ranges, the poblacion would have been buried under the molten lava and ashes emitted by Mt. Mayon. These protective mountains are Toktokan and Bulakawan situated on the southern part and extends to the western side of the town, and screens it from the ravages of Mayon Volcano. The town is popularly called Manlipod and Malilipot. However, the present official name is Malilipot (Ma-li-li-pot), accented on the third syllable.