2013 Chevrolet Spark Insurance Cost – 8 Savings Tips

Drivers have options when trying to find the best price on Chevy Spark insurance. You can either spend your time driving around to compare prices or leverage the internet to get rate quotes.

There is a right way and a wrong way to compare insurance coverage rates and you need to know the absolute fastest way to compare rates for a Chevy and get the lowest possible price.

If you have a policy now or need a new policy, you can use these techniques to shop for the lowest rates while maintaining coverages. This information will teach you the best way to quote coverages and some tips to save money. Drivers only need to know how to get comparison quotes online.

Auto insurance policy discounts you can’t miss

Auto insurance can be pricey, but you might find some hidden discounts that could drop your premiums quite a bit. Some discounts will apply when you complete an application, but less common discounts must be asked about before you get the savings.

• No Claims – Insureds who avoid accidents and claims have much lower rates as compared to drivers who are more careless.
• Auto/Home Discount – When you have multiple policies with one company you may save nearly 15% which can help you find cheap insurance.
• Multi-car Discount – Buying insurance for primary and secondary vehicles on one policy qualifies for this discount.
• Low Mileage Discounts – Driving less can earn discounted auto insurancerates on garaged vehicles.
• Discount for New Cars – Insuring a vehicle that is new can save you some money compared to insuring an older model.
• Good Student Discount – This discount can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
• Discounts for Good Drivers – Insureds without accidents may save up to 50% more on Spark coverage compared to rates paid by drivers with frequent claims.
• Discount for Swiching Early – Some insurance companies reward drivers for switching companies before your current policy expires. You can save around 10% with this discount.

Discounts save money, but please remember that many deductions do not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way. Any qualifying discounts will help lower your policy cost.

A list of companies and some of the discounts are detailed below.

• Progressive offers discounts for good student, online quote discount, online signing, multi-vehicle, and continuous coverage.
• MetLife policyholders can earn discounts including defensive driver, claim-free, good driver, good student, accident-free, and multi-policy.
• Mercury Insurance may have discounts that include professional/association, accident-free, type of vehicle, age of vehicle, location of vehicle, and multi-policy.
• Nationwide includes discounts for defensive driving, multi-policy, family plan, easy pay, Farm Bureau membership, and business or organization.
• Geico offers discounts including air bags, anti-theft, good student, federal employee, five-year accident-free, and emergency military deployment.
• AAA has discounts for multi-car, good driver, good student, education and occupation, pay-in-full, and multi-policy.

When getting a coverage quote, ask all the companies how you can save money. Some of the earlier mentioned discounts might not be offered on policies in your area. To locate providers that offer many of these discounts, click this link.

Advertising myths

Consumers constantly see and hear ads for the lowest price car insurance by companies like Geico, State Farm and Progressive. All the ads convey the message about saving some big amount if you move to them.

It sounds good, but how can they all charge you a lower premium? It’s all in the words they use.

Companies have specific criteria for a prospective insured that will most likely be profitable. A good example of this type of risk profile should be a female over age 40, has other policies, and has great credit. A customer getting a price quote who matches those parameters will get very good rates and most likely will cut their rates substantially.

Potential insureds who may not quite match these standards may receive higher premium rates which usually ends up with the customer buying from someone else. If you listen closely, the ads state “drivers who switch” not “everybody who quotes” save that much. That’s the way insurance companies can confidently lure you into getting a quote.

This illustrates why you really need to compare price quotes frequently. Because you never know which insurance companies will provide you with the cheapest premium rates.

Insurance agents can help

When buying coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is a little different.

For example, these questions can help discover if you may require specific advice.

• Is my teenager covered with friends in the car?
• Am I covered when pulling a rental trailer?
• Does my policy pay for OEM or aftermarket parts?
• Is extra glass coverage worth it?
• Do I have coverage for damage caused while driving under the influence?
• Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and may give you better protection.

Insurance coverages and their meanings

Knowing the specifics of insurance can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Collision protection

This will pay to fix damage to your Spark caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as driving through your garage door, hitting a parking meter and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these coverages are set the same as your liablity limits.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for bills for things like prosthetic devices, dental work and surgery. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. 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 coverage is not an option in every state but can be used in place of medical payments coverage

Liability insurance

Liability coverage protects you from damage or injury you incur to other’s property or people that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for claims like repair costs for stationary objects, loss of income, funeral expenses and attorney fees. How much liability coverage do you need? That is up to you, but buy as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from getting keyed, fire damage and damage from flooding. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

What is YOUR best insurance company?

Insureds change insurance companies for a number of reasons such as policy non-renewal, extreme rates for teen drivers, not issuing a premium refund or lack of trust in their agent. Regardless of your reason, finding a great new company can be easier than you think.

Discount 2013 Chevy Spark insurance is available both online as well as from insurance agents, so you need to shop insurance with both to have the best chance of lowering rates. Some auto insurance companies may not have the ability to get quotes online and usually these small, regional companies sell through independent agents.

When trying to cut insurance costs, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where an insured dropped comprehensive coverage or liability limits only to find out that they should have had better coverage. Your goal should be to buy a smart amount of coverage at an affordable rate, but don’t skip important coverages to save money.

More learning opportunities

• Auto Crash Statistics (Insurance Information Insitute)
• Child Safety FAQ (iihs.org)
• Teen Driving and Texting (State Farm)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Steps to Take After an Auto Accident (Insurance Information Insitute)