2016 Chevrolet Spark EV Insurance Quotes in 2024

Want cheaper car insurance rates for your Chevrolet Spark EV? Buying car insurance online probably sounds like a formidable task if you haven’t ever used rate quotes online. Don’t be baffled because online price shopping is actually quite simple.

You should make it a habit to take a look at other company’s rates at least once a year because prices change frequently. Despite the fact that you may have had the lowest rates on Spark EV coverage six months ago you may be paying too much now. Ignore everything you know about car insurance because we’re going to demonstrate the best way to buy cheaper car insurance.

These discounts can lower your insurance coverage rates

Insurance coverage is expensive, but there are discounts available that many consumers don’t even know exist. Certain discounts will be triggered automatically at quote time, but occasionally some discounts must be requested specifically before you get the savings.

• Discounts for Multiple Vehicles – Having multiple vehicles with the same company may reduce the rate for each vehicle.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.
• Telematics Discount – Insureds who allow driving data collection to track driving habits through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if their driving habits are good.
• Safety Course Discount – Taking a safe driver course may get you a small discount and easily pay for the cost of the class.
• Online Discount – A few insurance coverage companies will give you a small discount shop insurance over the internet.
• Safe Driver Discounts – Insureds without accidents can get discounts for up to 45% lower rates on Spark EV coverage compared to rates paid by drivers with frequent claims.
• Federal Employees – Simply working for the federal government may reduce rates when you quote insurance on Spark EV coverage depending on your insurance coverage provider.
• ABS Brakes – Cars, trucks, and SUVs that have anti-lock braking systems are much safer to drive and will save you 10% or more.
• Early Switch Discount – Some larger companies reward drivers for buying a policy prior to your current policy expiration. You could save around 10% when you buy insurance online.
• Student in College – College-age children who live away from home at college and do not have access to a covered vehicle can be insured at a reduced rate.

Discounts lower rates, but most of the big mark downs will not be given to all coverage premiums. Most only reduce the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you could get a free insurance coverage policy, it’s just not the way it works.

A list of insurance coverage companies and their possible discounts are:

• Farmers Insurance may include discounts for multi-car, teen driver, business and professional, homeowner, pay in full, switch companies, and youthful driver.
• Esurance has discounts for multi-policy, anti-theft, good student, anti-lock brakes, online quote, claim free, and safety device.
• State Farm may offer discounts for good student, accident-free, Drive Safe & Save, safe vehicle, driver’s education, Steer Clear safe driver discount, and student away at school.
• GEICO policyholders can earn discounts including multi-policy, five-year accident-free, driver training, defensive driver, and military active duty.
• Allstate offers discounts for EZ pay plan discount, senior citizen, passive restraint, anti-lock brakes, multi-policy, and good student.

Double check with every prospective company which discounts they offer. Some discounts listed above might not be offered on policies in your state.

Different people need different insurance coverages

When choosing coverage, there really is no perfect coverage plan. Everyone’s situation is unique.

Here are some questions about coverages that can help discover whether your personal situation may require specific advice.

• Do I need Motor Club coverage?
• If my 2016 Chevy Spark EV is totaled, can I afford another vehicle?
• Can I afford to pay high deductible claims out of pocket?
• Can I drive in Mexico and have coverage?
• Is my 2016 Chevy Spark EV covered for smoke damage?
• Why am I required to buy high-risk coverage?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and enter your zip code.

Truth in insurance coverage advertising

Insurance coverage companies such as State Farm, GEICO and Progressive consistently run television and radio advertisements. All the companies seem to make the promise that you can save after switching your coverage to them. It sounds good, but how can they all make almost identical claims? Just pay attention to how they say it.

All companies are able to cherry pick for the driver that will be a good risk. A good example of this type of risk profile might be between the ages of 40 and 55, has a clear driving record, and the vehicle is rated for pleasure use. A customer getting a price quote who matches those parameters gets the lowest prices and most likely will cut their rates if they switch.

Drivers who do not fit these standards may be required to pay higher premiums and this can result in business going elsewhere. The trick companies use is to say “people that switch” but not “all drivers who get quotes” save the amount stated. That is how companies can truthfully state the savings. This emphasizes why drivers must compare price quotes frequently. It’s just not possible to know which insurance companies will be your best fit.

Auto insurance coverage information

Knowing the specifics of insurance can be of help when determining appropriate coverage for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Collision – Collision coverage pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with a tree, backing into a parked car and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision) – This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from getting keyed, a tree branch falling on your vehicle, falling objects, rock chips in glass and damage from flooding. The most your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Insurance for medical payments – Med pay and PIP coverage kick in for bills for chiropractic care, doctor visits, X-ray expenses, prosthetic devices and dental work. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Auto liability insurance – This will cover damage that occurs to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like repair costs for stationary objects, structural damage, bail bonds and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your 2016 Chevy Spark EV.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Compare but don’t skimp

We covered many ways to get a better price on 2016 Chevy Spark EV insurance. The most important thing to understand is the more companies you get premium rates for, the better your chances of lowering your premium rates. Consumers could even find that the lowest car insurance rates come from an unexpected company.

Affordable 2016 Chevy Spark EV insurance can be sourced online as well as from insurance agents, so you need to quote insurance with both to have the best rate selection. A few companies do not offer the ability to get a quote online and usually these regional insurance providers sell through independent insurance agencies.

As you prepare to switch companies, it’s a bad idea to buy lower coverage limits just to save a few bucks. Too many times, someone sacrificed uninsured motorist or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. The goal is to purchase a proper amount of coverage for the lowest price while still protecting your assets.