How Much Does 2017 Chevrolet Spark Insurance Cost?

Want cheaper auto insurance rates? Drivers have a choice when trying to find low-cost Chevy Spark insurance. You can either waste hours struggling with agents getting price quotes or use the internet to find the lowest rates. There is a right way and a wrong way to shop for auto insurance and you need to know the best way to quote coverages for your Chevy and find the cheapest rates.

Smart consumers take time to compare rates periodically because prices are variable and change quite frequently. Even if you think you had the best deal on Spark coverage at your last renewal you can probably find a better premium rate now. Ignore everything you know about auto insurance because you’re about to find out the right way to buy cheaper auto insurance.

Choosing the best insurance company for you is easy if you know what you’re doing. If you have car insurance now, you stand a good chance to be able to save some money using this information. Vehicle owners just need to understand the most effective way to get comparison quotes over the internet.

Discounts can really help to save

Insurance is not cheap nor is it fun to buy but there could be available discounts to help bring down the price. Certain discounts will be applied when you purchase, but some need to be asked for before being credited. If they aren’t giving you every credit available, you’re just leaving money on the table.

  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Discounts for Good Drivers – Drivers who don’t get into accidents could pay up to 40% less on Spark coverage than less cautious drivers.
  • Federal Government Employee – Employees or retirees of the government can save as much as 8% on Spark coverage with a few insurance companies.
  • Bundle and Save – When you have multiple policies with one company you will save 10% to 20% off each policy.
  • Anti-lock Brakes – Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive and the ABS can save up to 10%.
  • Drive Less and Save – Keeping the miles down on your Chevy may enable drivers to earn better rates on cars that stay parked.
  • No Charge for an Accident – Not necessarily a discount, but certain companies allow you one accident without getting socked with a rate hike so long as you are claim-free for a certain period of time.

Just know that most credits do not apply to the overall cost of the policy. Most only reduce specific coverage prices like comprehensive or collision. Despite the fact that it seems like you could get a free insurance policy, you’re out of luck.

If you would like to see a list of companies with significant discounts, click here.

Choices you make can impact your insurance rates

Smart consumers have a good feel for some of the factors that go into determining the price you pay for car insurance. When you understand what determines base rates, this allows you to make educated decisions that may reward you with cheaper rates.

The items below are some of the major factors car insurance companies consider when setting your premiums.

  • Qualify for multi-policy discounts – Lots of companies afford a discount to clients who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to as much as ten percent or more Even if you already get this discount, drivers will still want to shop around to verify if the discount is saving money.
  • Safer cars save money – Vehicles that have high safety ratings can get you lower premiums. Safer cars reduce the chance of injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If your Chevy is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.
  • Never allow your policy to lapse – Driving any period of time without insurance is a misdemeanor and companies may charge more for letting your coverage lapse. Not only will rates go up, getting caught without coverage could result in a license revocation or jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Costs may be higher where you live – Being located in small towns and rural areas can save you money when buying car insurance. Residents of big cities have more aggressive driving styles and longer commutes to work. Fewer drivers translates into fewer accidents in addition to lower liability claims
  • Do you really need roadside assistance? – Insurance companies have many optional add-on coverages that can waste your money on your car insurance policy. Coverages for roadside assistance, accident forgiveness, and extra equipment coverage are probably not needed. You may think they are a good idea when deciding what coverages you need, but if they’re wasting money think about removing them and cutting costs.

Will just any policy work for me?

When it comes to choosing adequate coverage for your personal vehicles, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions could help you determine if your insurance needs might need an agent’s assistance.

  • Should I have a commercial auto policy?
  • Does my personal policy cover me when driving out-of-state?
  • How much liability coverage do I need in my state?
  • Do all my vehicles need collision coverage?
  • Is my 2017 Chevy Spark covered for smoke damage?
  • Should I carry comprehensive and collision coverage?
  • Can my teen driver be rated on a liability-only vehicle?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Auto insurance ads bend the truth

Consumers can’t avoid all the ads that promise big savings for switching by companies like Geico, State Farm and Progressive. They all try to convey promises about savings just by switching your auto insurance coverage to their company.

How is it plausible that every one can cost less than your current company? It’s all in how they say it.

All the different companies have specific guidelines for the type of customer that will most likely be profitable. An example of a preferred risk could possibly be a married male, has had continuous coverage, and drives a vehicle with a low ISO rating. A customer that hits that “sweet spot” receive the lowest rate quotes and have a good chance to save money with a new company.

Insureds who cannot meet the requirements may be forced to pay higher prices which usually ends up with the customer buying from someone else. The ad wording is “people who switch” not “everybody who quotes” save that much money. That is how insurance companies can make it sound like they have such great rates. This really drives home the point why drivers should quote coverage with many companies. It is just not possible to predict which insurance companies will have the lowest prices for your situation.

Auto insurance 101

Understanding the coverages of a car insurance policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people 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 is a good idea.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for bills such as nursing services, chiropractic care, dental work, surgery and hospital visits. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Collision coverage protection

This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as hitting a mailbox, damaging your car on a curb, rolling your car, scraping a guard rail and backing into a parked car. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Comprehensive car insurance

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like vandalism, a broken windshield and hitting a bird. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto liability

Liability insurance provides protection from injuries or damage you cause to a person or their property by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against things such as attorney fees, structural damage, court costs, repair bills for other people’s vehicles and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Better coverage you can count on

We covered some good ideas how you can lower your 2017 Chevy Spark insurance premium rates. The key thing to remember is the more providers you compare, the better your comparison will be. Drivers may discover the best price on auto insurance is with a small local company.

People switch companies for many reasons like high rates after DUI convictions, not issuing a premium refund, policy cancellation and even being labeled a high risk driver. It doesn’t matter why you want to switch finding a great new company is not as hard as you think.

More affordable auto insurance can be sourced online and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. A few companies may not offer price quotes online and usually these smaller companies only sell through independent agents.

Additional resources