2014 Chevrolet Spark Car Insurance Cost

Trying to find lower insurance rates? Buyers have many options when searching for the best price on Chevy Spark insurance. You can either spend your time calling around to get rate comparisons or utilize the internet to get rate quotes.

There is a right way and a wrong way to find insurance online so we’re going to tell you the proper way to compare rates for a Chevy and obtain the lowest possible price.

You probably qualify for some discounts

Properly insuring your vehicles can get expensive, but there could be available discounts that you may not even be aware of. Some trigger automatically at the time you complete a quote, but a few need to be inquired about prior to getting the savings. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Senior Citizens – Older drivers may be able to get a small decrease in premiums on Spark coverage.
  • Organization Discounts – Participating in a professional or civic organization may earn a discount on your policy on Spark coverage.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less on Spark coverage than their less cautious counterparts.
  • Low Mileage – Keeping the miles down on your Chevy can earn a substantially lower rate.
  • Multi-car Discount – Insuring more than one vehicle with the same company can get a discount on all vehicles.
  • Good Student Discount – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up until you turn 25.

It’s important to understand that many deductions do not apply to the entire policy premium. Some only reduce specific coverage prices like collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, it doesn’t quite work that way. But all discounts will reduce the cost of coverage.

Companies that possibly offer these discounts include:

Check with each insurance company how you can save money. Discounts may not apply in your area.

There’s no such thing as the perfect policy

When it comes to choosing coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that could help you determine whether your personal situation would benefit from professional advice.

  • Should I sign the liability waiver when renting a car?
  • Do I have coverage when using my vehicle for my home business?
  • Is business property covered if stolen from my car?
  • What is no-fault insurance?
  • Why does it cost so much to insure a teen driver?
  • Am I missing any policy discounts?
  • Am I covered when delivering products for my home-based business?
  • Should I waive the damage coverage when renting a car?
  • Is a fancy paint job covered?
  • I don’t drive much so do I pay less?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It only takes a few minutes and may give you better protection.

Insurance coverage myths debunked

Drivers get pounded daily by advertisements for cheaper car insurance from the likes of Allstate and Progressive. They all seem to have a common claim of big savings if you switch your coverage to them.

How can each company say the same thing? This is how they do it.

Different companies have a preferred profile for the type of customer that is profitable for them. For example, a preferred risk could possibly be between 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A driver who fits that profile will get very good rates and most likely will cut their rates substantially.

Drivers who fall outside these standards will have to pay higher rates which leads to business not being written. Company advertisements say “people who switch” not “everyone that quotes” save that kind of money. That’s the way companies can state the savings.

Because of the profiling, drivers should get quotes from several different companies. You cannot predict the company that will fit your personal profile best.

Auto insurance specifics

Learning about specific coverages of your auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and coverage can change by endorsement.

Comprehensive insurance – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like theft, a tree branch falling on your vehicle, rock chips in glass and a broken windshield. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for expenses such as nursing services, funeral costs, rehabilitation expenses, prosthetic devices and surgery. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability – Liability insurance protects you from damage or injury you incur to other people or property. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like legal defense fees, medical expenses, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

Collision – This covers damage to your Spark resulting from a collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a building, crashing into a ditch, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.

Buy online or local, you save

As you shop your coverage around, it’s not a good idea to buy poor coverage just to save money. There are a lot of situations where an insured dropped collision coverage and learned later they didn’t have enough coverage. The aim is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

Cheaper 2014 Chevy Spark insurance is possible both online in addition to many insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some companies do not provide online price quotes and these regional insurance providers work with independent agents.

People leave their current company for many reasons like delays in responding to claim requests, high rates after DUI convictions, policy non-renewal or even being labeled a high risk driver. No matter why you want to switch, finding a new insurance coverage company is less work than it seems.

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