Cheap 2016 Chevrolet Spark Insurance Rates

Are you a victim of an underperforming, overpriced insurance coverage policy? Believe me when I say there are many people just like you. Many insurance companies compete for your business, so it can be very hard to choose a insurer and uncover the absolute best rate

These discounts can lower your rates

Insuring your vehicles can cost a lot, but discounts can save money and there are some available to reduce the price significantly. Some discounts apply automatically at quote time, but a few need to be asked about before you get the savings. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Discount for Good Grades – This discount can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.
  • Distant Student – Children who are attending college without a vehicle on campus may qualify for this discount.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for Spark insurance with a few auto insurance companies.
  • Auto/Life Discount – Select insurance companies reward you with a discount if you purchase life insurance from them.
  • Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiration. It can save you around 10%.
  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most cut individual premiums such as comp or med pay. So when it seems like you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will help reduce your overall premium however.

A partial list of companies that may offer these benefits may include but are not limited to:

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Some discounts might not apply in every state.

Comprehensive Insurance Coverage Comparison

All the larger insurance coverage companies like Progressive, Allstate and GEICO provide prices online. The process is quite easy as you just type in your coverage information as requested by the quote form. Behind the scenes, the system sends out for information on your driving record and credit history and provides a quote based on many factors. Being able to quote online helps simplify price comparisons, but the work required to visit multiple sites and complete many quote forms can be a bit repetitive. But it’s absolutely necessary to get many rate quotes if you want to find better prices.

The easiest way to find better insurance coverage pricing is to use a quote form that gets prices from a bunch of companies at once. This type of form saves time, requires much less work on your part, and makes price shopping online much easier. As soon as the form is sent, your coverage is rated with multiple companies and you can pick any of the pricing results.

If you find a better price you can click and sign and purchase coverage. It takes 15 minutes at the most and you will know how your current rates stack up.

If you want to compare rates using this form now, click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you type in the coverage information as close as possible to your current policy. Doing this guarantees you are getting an apples-to-apples comparison using the exact same coverages.

Chevy Spark insurance rates consist of many parts

An important part of buying insurance is that you know some of the elements that come into play when calculating your car insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that can help you get better car insurance rates.

The list below includes some of the factors used by your company to calculate your rates.

  • Allowing your policy to lapse raises rates – Not having insurance is illegal and as a result your rates will increase for letting your insurance expire. And not only will your rates increase, failure to provide proof of insurance may earn you a revoked license or a big fine.Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Where you live – Residing in small towns and rural areas can save you money when buying car insurance. City drivers have traffic congestion and much longer commute distances. Less people living in that area means fewer accidents.
  • Special features that cut premiums – Purchasing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Women pay lower rates – Statistics show that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. Women and men tend to get into accidents in similar numbers, but the male of the species cause more damage. Men also tend to receive more costly citations such as reckless driving. Teenage male drivers are most likely to cause an accident and therefore have the most expensive car insurance rates.
  • How many coverages with the same company – Some car insurance companies give discounts to people who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. Even if you’re getting this discount you still need to compare rates to confirm you are receiving the best rates possible.

Different people need different coverages

When choosing coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. For example, these questions can aid in determining whether or not you would benefit from an agent’s advice.

  • When does my teenage driver need to be added to my policy?
  • Should I sign the liability waiver when renting a car?
  • Am I missing any policy discounts?
  • Am I covered if I hit a deer?
  • Is a fancy paint job covered?
  • Should I carry comprehensive and collision coverage?
  • What is no-fault insurance?

If it’s difficult to answer those 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, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Are you falling for claims of savings?

Consumers constantly see and hear ads for cheaper car insurance from companies such as Progressive, Allstate and GEICO. They all seem to make an identical promise about savings if you switch your policy.

How can each company claim to save you money?

Insurance companies are able to cherry pick for the type of customer that earns them a profit. An example of a driver they prefer could possibly be over the age of 50, insures multiple vehicles, and chooses high deductibles. Any new insured that hits that “sweet spot” will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.

Consumers who do not match the “perfect” profile will be charged higher prices which usually ends up with business going elsewhere. The ad wording is “customers that switch” not “everyone that quotes” save that much money. That is how companies can advertise the savings.

That is why you should get as many quotes as possible. Because you never know which car insurance company will give you the biggest savings on Chevy Spark insurance.

Car insurance 101

Understanding the coverages of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are the normal coverages found on the average insurance policy.

Coverage for liability

This protects you from damage that occurs to people or other property that is your fault. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like attorney fees, court costs and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Collision coverage

This coverage will pay to fix damage to your Spark caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as hitting a mailbox, backing into a parked car, damaging your car on a curb and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also raise the deductible to save money on collision insurance.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as vandalism, damage from getting keyed and damage from a tornado or hurricane. The most your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as dental work, surgery, prosthetic devices, EMT expenses and chiropractic care. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

One last thing

Low-cost 2016 Chevy Spark insurance can be bought from both online companies in addition to many insurance agents, so you should be comparing quotes from both to get a complete price analysis. A few companies do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

Throughout this article, we presented many ways to save on insurance. The key thing to remember is the more companies you get rates for, the better your comparison will be. You may even find the best price on auto insurance is with an unexpected company. Regional companies often have lower prices on specific markets than the large multi-state companies such as GEICO and State Farm.

Additional information can be read on the following sites: