2014 Chevrolet Spark EV Insurance Quotes

Trying to find lower insurance rates for your Chevrolet Spark EV? Wish you could get a refund on overpriced insurance? You’re in good company because there are a lot of people just like you who feel imprisoned by their insurance policy.

Many auto insurance companies vie for your business, and it can be difficult to compare rates and uncover the absolute lowest price

If you have car insurance now, you should be able to reduce your rates substantially using these techniques. Choosing the best insurance company for you is not that difficult. But drivers do need to know the methods companies use to sell online and take advantage of how the system works.

How to buy auto insurance

To find low cost car insurance quotes, there are several ways to compare prices from many available auto insurance companies in your state. By far the easiest way to lower the rate you pay for 2014 Chevy Spark EV insurance involves getting comparison quotes online. This can be done using a couple different methods.

  • The simplest way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This style of form saves time by eliminating separate quote forms for each company you want a rate for. One form gets prices estimates from auto insurance companies with the best prices.
  • A more difficult way to get quotes online consists of going to each company website and request a quote. For sake of this example, we’ll pretend you want to compare rates from USAA, Geico and Allstate. To get rate quotes you would need to go to every website and punch in your information repeatedly, which can take a lot of time. For a list of companies in your area, click here.
  • The most difficult method to comparison shop rate quotes is to waste gas driving to different agent offices. Comparing rate quotes online eliminates this option unless you’re the type of person who wants the professional assistance that you can only get from talking to an agent. If you prefer, some companies allow you to price shop online but purchase the actual policy in an agency.

It’s up to you which method you use, but be sure to compare apples-to-apples coverage information for every company. If you have different limits and deductibles on each one it’s impossible to find the best deal for your Chevy Spark EV. Slightly different limits could skew the results. And when quoting auto insurance, remember that obtaining a wide range of quotes increases your odds of finding a lower rate.

Take advantage of every car insurance discount

Auto insurance companies do not list the entire discount list very well, so here is a list a few of the more common and the more hidden credits that may apply to you.

  • Accident Waiver – but certain companies will let one accident slide before your rates go up so long as you haven’t had any claims for a set time period.
  • Discount for New Cars – Buying a new car instead of a used car can save up to 30% because new model year vehicles have to meet stringent safety requirements.
  • Homeowners Pay Less – Owning a home can get you a discount since home ownership means you have a higher level of financial diligence.
  • Anti-theft Discount – Cars, trucks, and SUVs with anti-theft systems are stolen less frequently so companies will give you a small discount.
  • Early Switch Discount – Select companies give a discount for signing up prior to your current policy expiration. You could save around 10% when you buy car insurance online.
  • Multiple Cars – Purchasing coverage when you have several vehicles with one company can reduce rates for all insured vehicles.
  • Discounts for Government Workers – Having worked for a branch of the government may reduce rates when you quote car insurance on Spark EV coverage depending on your car insurance provider.
  • Data Collection Discounts – Insureds that choose to allow driving data submission to study their driving habits remotely like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates as long as the data is positive.
  • Paperless Signup – A few larger companies will give a small break for buying your policy on their website.
  • Distant Student Discount – Older children who attend college more than 100 miles from home and don’t have a car can be insured at a reduced rate.

As is typical with insurance, some credits don’t apply the the whole policy. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, that’s just not realistic.

Auto insurance companies that may offer these benefits include:

If you need lower rates, check with each insurance company which credits you are entitled to. Some discounts might not apply in your area. To view insurance companies who offer online car insurance quotes, click here to view.

How you can control Chevy Spark EV insurance costs

The best way to find cheaper insurance coverage is to take a look at some of the elements that play a part in calculating insurance coverage rates. When you understand what influences your rates, this allows you to make good choices that can help you get cheaper rates.

Shown below are most of the major factors used by your company to calculate prices.

  • Safer the car lower the rate – Vehicles with good safety scores tend to have better insurance rates. Vehicles built for safety help reduce the chance of injuries in an accident and lower injury rates translates into savings for insurance companies and thus lower rates. If your Chevy scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Bundle and save – Many companies give lower prices to policyholders that purchase more than one policy in the form of a multi-policy discount. Discounts can be ten percent or more. If you currently are using one company, you still need to compare other insurance prices to guarantee you are still saving the most.
  • Gender matters – Statistics demonstrate that females tend to be a little less risky than males. However, this does not mean females are better drivers. Females and males are in fender benders at about the same rate, but the men have accidents that have higher claims. They also have more aggressive citations such as DWI and reckless driving.
  • Careless drivers pay higher prices – Getting just one chargable violation can bump up the cost twenty percent or more. Drivers with clean records get better rates than people who have multiple driving citations. Drivers who have received multiple tickets like reckless driving, hit and run or driving under the influence might be required by their state to complete a SR-22 with their state in order to prevent a license revocation.
  • Where you live plays a part – Having an address in less populated areas can be a good thing when talking about insurance coverage. Fewer drivers on the road means a lower chance of having an accident in addition to fewer liability claims. Drivers in populated areas regularly have traffic congestion and longer commute times. Spending more time driving translates into higher accident risk.

How to know if you need help

When choosing adequate coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that might help in determining whether your personal situation might need an agent’s assistance.

  • Are my friends covered when driving my 2014 Chevy Spark EV?
  • What if I don’t agree with a claim settlement offer?
  • Will I lose any money if I cancel my policy before it expires?
  • What is covered by UM/UIM coverage?
  • Should I have combined single limit or split liability limits?
  • How much can I save by bundling my policies?
  • What should my uninsured motorist coverage limits be in my state?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Save $453 a year? Really?

Car insurance companies such as Geico, State Farm and Progressive seem to constantly run television and radio advertisements. All the companies state the claim that people will save after switching to them. That’s great but how can every company claim to save you money?

All the different companies quote their best rates for the type of customer that will add to their bottom line. For example, this type of risk profile should be over the age of 45, has a low-risk occupation, and drives less than 10,000 miles a year. A driver who fits those characteristics will get a cheap rate quote and have a good chance to save money with a new company.

People who do not meet those criteria will get a higher premium and this results in the customer buying from someone else. Company advertisements say “drivers who switch” not “all people who quote” will save that much if they switch. That’s the way companies can make claims that they all have the best rates.

This really emphasizes why drivers should quote coverage with many companies. You cannot predict which company will have the best prices at this point in time.

Car insurance coverages and their meanings

Learning about specific coverages of your car insurance policy can be of help when determining the right coverages for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages offered by car insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Chevy Spark EV.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like pain medications, rehabilitation expenses, chiropractic care and dental work. They are utilized in addition to your health insurance program or if you do not have health coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Auto collision coverage

Collision insurance 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 and then insurance will cover the remainder.

Collision coverage pays for things like hitting a parking meter, backing into a parked car and driving through your garage door. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to save money on collision insurance.

Auto liability insurance

Liability coverage protects you from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things like medical expenses, structural damage and legal defense fees. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like rock chips in glass, damage from getting keyed and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Have the Midas touch

When shopping online for insurance, it’s very important that you do not skimp on critical coverages to save a buck or two. There are too many instances where someone dropped liability coverage limits and learned later they didn’t have enough coverage. The proper strategy is to purchase plenty of coverage at a price you can afford, but do not skimp to save money.

In this article, we covered a lot of ways to compare 2014 Chevy Spark EV insurance prices online. The key concept to understand is the more times you quote, the better chance you’ll have of finding cheaper car insurance. You may be surprised to find that the most savings is with the least-expected company. They may only write in your state and offer lower rates than the large multi-state companies such as Allstate or State Farm.

Budget-friendly insurance is definitely available on the web as well as from independent agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers do not offer rates over the internet and many times these regional insurance providers only sell coverage through local independent agencies.

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