Compare 2015 Chevrolet Spark EV Car Insurance Cost

Looking for better auto insurance rates for your Chevrolet Spark EV? Scraping up a payment for overpriced Chevrolet Spark EV insurance can empty your savings account and make it impossible to make ends meet. Doing a price comparison is free, only takes a few minutes, and is a good way to cut your insurance bill.

There is such a variety of insurers to insure vehicles with, and though it is a good thing to have a selection, it can be more difficult to get the best deal.

This information will familiarize you with how to get online quotes and some tricks to saving. If you have car insurance now, you will be able to cut costs considerably using these techniques. But consumers should learn how big insurance companies sell online and take advantage of how the system works.

The most recommended method to get rate comparisons is to understand auto insurance companies pay for the opportunity to quote your coverage. All you need to do is provide a small amount of information including whether you are single or married, if the vehicle is leased, the year, make and model of vehicles, and if a SR-22 is required. Your rating data is then sent to multiple different insurance companies and they provide comparison quotes instantly to find the best rate.

These discounts can slash insurance coverage rates

Insurance can cost an arm and a leg, but you may find discounts that you may not even be aware of. Some discounts apply automatically at the time you complete a quote, but less common discounts must be specifically requested before you will receive the discount.

  • Early Switch Discount – Some companies give discounts for signing up before your current policy expires. It’s a savings of about 10%.
  • Sign Online – A handful of insurance companies give back up to $50 for buying a policy and signing up on their website.
  • Club Memberships – Affiliation with a professional or civic organization could trigger savings on insurance coverage for Spark EV insurance.
  • Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
  • Accident Free – Drivers who don’t have accidents pay much less compared to drivers who are more careless.
  • Save with a New Car – Insuring a new car can save up to 30% since new cars are generally safer.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
  • One Accident Forgiven – A few companies permit an accident before your rates go up if you are claim-free prior to the accident.
  • Auto/Home Discount – If you insure your home and vehicles with one company you may earn at least 10% off all policies.
  • Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less for Spark EV insurance than drivers with accidents.

It’s important to understand that most credits do not apply to the overall cost of the policy. The majority will only reduce individual premiums such as comprehensive or collision. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way. Any qualifying discounts will cut the amount you have to pay.

A partial list of companies who might offer these discounts may include but are not limited to:

It’s a good idea to ask each insurance company which discounts they offer. All car insurance discounts may not apply in every state.

When might I need the advice of an agent?

When buying the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different so this has to be addressed. For example, these questions could help you determine if your insurance needs would benefit from an agent’s advice.

  • Are split liability limits better than a combined single limit?
  • Why do I need rental car insurance?
  • Will my rates increase for filing one claim?
  • Are my tools covered if they get stolen from my vehicle?
  • Does my medical payments coverage pay my health insurance deductible?
  • Are all vehicle passengers covered by medical payments coverage?
  • Does coverage extend to a rental car in a foreign country?
  • When does my teenage driver need to be added to my policy?
  • Does car insurance cover theft of personal property?
  • Does coverage extend to my business vehicle?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Educate yourself about insurance coverages

Learning about specific coverages of your policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages available from insurance companies.

Collision – This coverage covers damage to your Spark EV resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, hitting a mailbox and crashing into a building. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for expenses such as hospital visits, nursing services and funeral costs. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover 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 or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability – This coverage will cover damage that occurs to people or other property in an accident. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like repair bills for other people’s vehicles, structural damage, funeral expenses, medical services and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Comprehensive protection – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like rock chips in glass, vandalism, theft and falling objects. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.