Save on 2016 Chevrolet Spark EV Insurance Rates

Trying to find better car insurance rates for your Chevrolet Spark EV? Trying to come up with a payment for expensive car insurance can dwindle your checking account and possibly require you to analyze your spending habits. Comparing rates annually is a fast and free way to cut your insurance bill.

Numerous insurance companies battle for your insurance dollar, so it can be very hard to choose a provider and get the definite lowest rate

It’s a great practice to price shop coverage on a regular basis due to the fact that insurance rates fluctuate regularly. If you had the best deal on Spark EV coverage a few years ago you can probably find a better price now. You’ll find a ton of advice on car insurance online, but in just a couple of minutes you can learn some great ideas on how to find cheap car insurance.

If you have insurance now or are shopping for new coverage, you can follow these tips to reduce the price you pay and still get good coverage. Buying car insurance is not that difficult. Consumers only need an understanding of the most efficient way to compare rates on the web.

How much is insurance coverage?

The majority of larger companies such as Progressive, Geico, Allstate and State Farm allow you to get coverage prices on their websites. Comparing rates online is pretty painless because it’s just a matter of typing in your coverage preferences on the page. After you submit the form the quote system automatically retrieves your driving record and credit report and returns a price based on the data you entered. This helps simplify price comparisons, but the work required to visit a lot of sites and complete many quote forms can be a bit repetitive. But it’s very important to do this if you want to find the lowest insurance coverage rates.

There is an easier way to compare rates

The easiest way to lower your insurance coverage bill utilizes a single form that analyzes rates from many companies. The form is fast, eliminates form submissions, and makes online price comparison a little more enjoyable. Immediately after you send the form, it is quoted and you are able to buy any one of the resulting price quotes.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. It takes 15 minutes at the most and may result in a nice savings.

To save time and compare pricing, click here and begin entering your coverage information. If you have your current policy handy, we recommend you input the limits and deductibles exactly as shown on your declarations page. This way, you are getting comparison quotes for the exact same coverage.

More discounts mean lower-cost premiums

Insurance can cost an arm and a leg, but you might be missing out on some discounts that could drop your premiums quite a bit. Some discounts apply automatically at the time of purchase, but some must be asked for prior to receiving the credit.

  • Discounts for Safe Drivers – Drivers who avoid accidents could pay up to 40% less on Spark EV coverage than their less cautious counterparts.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a lower insurance rate if you buy auto and life insurance together.
  • Senior Citizen Discount – Seniors can possibly qualify for a small discount on rates on Spark EV coverage.
  • 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.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems could see savings up to 30%.

One thing to note about discounts is that most credits do not apply to the entire policy premium. Most only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, that’s just not realistic.

To find insurance companies that offer discounts, click here.

It’s not one size fits all

When choosing adequate coverage for your vehicles, there really is not a one size fits all plan. Every situation is different and your policy should reflect that. These are some specific questions may help highlight if you would benefit from professional advice.

  • Should I sign the liability waiver when renting a car?
  • Can I afford low physical damage deductibles?
  • I have good health insurance, so how much medical payments coverage do I need?
  • When does my teenage driver need to be added to my policy?
  • Should I rate my 2016 Chevy Spark EV as pleasure use or commute?
  • Do I have coverage when pulling a U-Haul trailer?
  • What are the best liability limits?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.

What determines Chevy Spark EV insurance rates?

It’s important that you understand the different types of things that play a part in calculating your premiums. When consumers understand what determines base rates, this allows you to make educated decisions that may result in big savings. Lots of factors are considered when you quote your car insurance policy. Some are obvious like a motor vehicle report, but other factors are less apparent such as your marital status or how financially stable you are.

  • Drive less and pay lower prices – The more miles you rack up on your Chevy every year the more you’ll pay to insure your vehicle. The majority of insurers calculate prices based on how the vehicle is used. Cars and trucks not used for work or commuting can be on a lower rate level compared to those used for work or business. An incorrectly rated Spark EV can cost quite a bit. Make sure your declarations sheet is showing the proper vehicle usage.
  • Lower rates with continuous insurance coverage coverage – Driving your car without having proper coverage is a misdemeanor and you will pay a penalty because you let your insurance coverage expire. Not only will you pay higher rates, the inability to provide proof of insurance may earn you fines or a revoked license. You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Men drivers tend to cost more – The statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women tend to get into auto accidents in similar numbers, but males get into accidents with more damage. In addition to higher claims, males also get higher numbers of serious violations such as reckless driving. Male teenagers are most likely to cause an accident and therefore are the most expensive to insure.
  • Obey driving laws and save – Your driving citation history has a big impact on rates. Careful drivers tend to pay less for car insurance than bad drivers. Even a single speeding ticket could increase your next policy renewal forty percent or more. Drivers who have careless citations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 form with their state’s licensing department in order to keep their license.
  • Combine and save – Lots of companies allow discounts to customers that have more than one policy, otherwise known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even though this discount sounds good, you still need to get quotes from other companies to ensure the best deal.
  • File insurance coverage claims and pay more – Auto insurance companies provide discounts to people that do not abuse their auto insurance. If you are the type of insured that files lots of claims you can look forward to either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for the large, substantial claims.
  • Your address can push rates up or down – Having an address in small towns and rural areas has it’s advantages when talking about insurance coverage. Lower population translates into fewer accidents in addition to fewer liability claims. Drivers who live in large cities regularly have more traffic problems and higher rates of accident claims. More time commuting means more chance of being in an accident.

Specific coverages for a 2016 Chevy Spark EV

Knowing the specifics of a insurance policy helps when choosing the right coverages for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.

Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hail damage, theft, hitting a bird and fire damage. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

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

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers claims such as funeral expenses, attorney fees, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like doctor visits, rehabilitation expenses and funeral costs. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 2016 Chevy Spark EV.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision – Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, colliding with a tree and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

And the best car insurance company is…

We’ve covered many ideas to reduce 2016 Chevy Spark EV insurance rates online. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best price on car insurance is with a smaller regional carrier. These companies can often provide lower auto insurance rates in certain areas as compared to the big name companies such as Allstate or State Farm.

Cheaper 2016 Chevy Spark EV insurance can be purchased both online and from local insurance agents, and you should compare price quotes from both so you have a total pricing picture. There are still a few companies who do not provide online quoting and most of the time these small insurance companies work with local independent agencies.

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Comments About 2016 Chevrolet Spark EV Insurance

  1. Vallie Valencia

    I got decent rates for a 2016 Chevrolet Spark EV in Milwaukee, WI. Ended up at roughly $520 every six months with American Family. Insured with Esurance before. Not sure if rates are cheaper online or through an agent.

  2. Savannah Buchanan

    It’s all a rip off. From Aberdeen, SD. I quoted with State Farm, Erie, and Liberty Mutual for my Spark EV and I think I saved around $20 each month.

  3. Darron Johns

    I compared a lot of rate quotes for a 2016 Chevrolet Spark EV in Des Moines, IA. Ended up at roughly $200 every six months with AIG Insurance. Even increased coverage a bit. They were helpful in switching over.

  4. Jasmin Orr

    IT’S ALL TOO EXPENSIVE! I’m in the north part of Raleigh, NC. I quoted with American Family, Safeco, and Travelers for my 2016 Chevrolet Spark EV and saved just over $440 a year. I think they have home insurance too. They have free quotes online.

  5. Rich Hayes

    Just my two cents. I’m in the suburbs of Shreveport, Louisiana. Received prices from Hartford, AAA, Nationwide, and a couple others for my 2016 Chevrolet Spark EV and I’m now saving $28 a month. Left Liberty Mutual to switch. Have an at-fault accident tho.

  6. Lynne Benson

    Lots of useful info here. From west side of Biloxi, MS. Quoted with Auto-Owners, Eastwood, and Safeco for my Chevrolet and I’m now saving $35 a month. I’m a pretty good driver though. Not sure if rates are cheaper online or not.

  7. Vania Jordan

    Quoted with Sentry for my Spark EV and cut my rates about $270 a year.

  8. Antonetta Figueroa

    What is comprehensive coverage?

  9. Teisha Keller

    Is Progressive or State Farm cheaper in Aurora, CO?

  10. Birgit Franco

    Here’s my info. Found cheapest coverage with Eastwood for my 2016 Chevrolet Spark EV and cut my rates about $420 a year. Insured with Travelers before. :)

  11. Shirely Stout

    Lots of good stuff here. Live in Idaho Falls, Idaho. Compared rates from a lot of places. Saved right around $40 a month. Progressive was the best choice for me. Get lots of quotes to find the best rate.

  12. Milissa Tucker

    If you have a good history and live around Lincoln, NE, check out State Farm. You might save some money. Have an at-fault accident tho. Might find lower rates online.

  13. Brett Pace

    I live in a small town just outside of Fort Wayne, IN. Got car insurance quotes with GEICO, AAA, Encompass, and Hanover for my 2016 Chevrolet Spark EV and saved about $480 a year. I even had a DUI years ago.

  14. Lester Henry

    Great info, thanks for posting. I’m in Allentown, PA. Quoted prices online for a 2016 Chevrolet Spark EV. Ended up at about $390 savings annually. Went with State Farm. It never hurts to quote around.

  15. Willetta Gillespie

    I can’t pay high rates. I live in Springfield, Massachusetts. Quoted with Western Auto Insurance, AAA, The General, and Safeco for my Chevrolet and I’m now saving $50 a month. Even increased coverage a bit. I just quoted rates online.

  16. Merissa Quinn

    I can’t pay high rates. Went with Safeco for my Chevrolet and cut my rates about $510 a year. Left Safeco to switch.

  17. Shad Davis

    Here’s what I found out. I live in Rochester, NY. Can’t remember who all I quoted but I ended up saving about $20 each month. Was with Encompass. Moved home policy as well. It was easy to get rates.