2014 Chevrolet Spark EV Insurance Cost

Purchasing budget-priced insurance online might appear overwhelming for beginners to online price comparisons. With such a large number of companies competing online, how can you even start to compare every company in order to find the cheapest price possible?

It’s important to get comparison quotes occasionally since rates trend upward over time. Just because you found the lowest premium rates on Spark EV coverage two years ago you can probably find a better price now. There is lot of inaccurate information about insurance online but I’m going to show you a bunch of ideas how to slash your insurance rates.

Quote insurance coverage online

Most major insurance companies provide coverage price quotes online. Doing online price comparisons doesn’t take a lot of time as you just enter the coverage amounts you desire into the quote form. After the form is submitted, their rating system pulls information on your driving record and credit history and provides a quote.

Online price quotes simplifies rate comparisons, but the process of having to visit several different sites and type in the same information is not the best way to spend an afternoon. But it’s also necessary to get many rate quotes if you want to find the lowest price.

Keep reading for an easier way to compare prices

A more efficient way to compare rates requires only one form to obtain quotes from multiple companies. It saves time, requires much less work on your part, and makes comparison shopping much easier to do. Immediately after you send the form, it is quoted and you are able to buy your choice of the quotes that you receive.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. It can be completed in a matter of minutes and may result in a nice savings.

If you want to find out what other companies charge, click here and complete the simple form. To compare your current rates, we recommend you type in your coverages just like they are on your policy. This makes sure you will receive a fair comparison for similar insurance coverage.

Car insurance discounts are available to reduce your rates

Companies offering auto insurance don’t always list every disount available in a way that’s easy to find, so we researched a few of the more common and also the lesser-known discounts that you may qualify for.

• 55 and Retired – Drivers that qualify as senior citizens may be able to get better car insurance rates on Spark EV coverage.
• Low Mileage Discounts – Low annual miles could be rewarded with slightly better car insurancerates than normal.
• Multi-policy Discount – When you have multiple policies and insure them with the same company you could get a discount of 10% to 20% off each policy.
• Paperwork-free – A few larger online companies give back up to $50 just for signing your application online.
• Savings for New Vehicles – Adding a new car to your policy can be considerably cheaper because newer models have to meet stringent safety requirements.
• Defensive Driver Discounts – Passing a course in defensive driving is a good idea and can lower rates and make you a better driver.
• Anti-theft Discount – Vehicles equipped with tracking devices and advanced anti-theft systems help deter theft and therefore earn up to a 10% discount.
• Seat Belt Usage – Requiring all passengers to use a seat belt may be able to save a few bucks on medical payment and PIP coverage.

Remember that most discounts do not apply the the whole policy. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But any discount should help reduce the amount you pay for coverage.

Some of the larger companies that may offer policyholders these benefits include:

• Geico
• MetLife
• Progressive
• Travelers
• SAFECO
• AAA

Before buying, ask each insurance company which discounts can lower your rates. All car insurance discounts might not be offered on policies in your area.

Everyone needs different insurance coverages

When choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

These are some specific questions could help you determine whether or not you might need professional guidance.

• Do I need higher collision deductibles?
• When should I drop full coverage on my 2014 Chevy Spark EV?
• I have health insurance so do I need medical payments coverage?
• What are the financial responsibility laws in my state?
• Can I get a multi-policy discount?
• Is upholstery damage covered by car insurance?
• What if I owe more than I can insure my car for?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form.

Auto insurance coverages and their meanings

Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Auto liability insurance

Liability coverage will cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as court costs, attorney fees, emergency aid and legal defense fees. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as scraping a guard rail, driving through your garage door, rolling your car and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also increase the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses like funeral costs, chiropractic care and nursing services. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Chevy Spark EV.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages are identical to your policy’s liability coverage.

Comprehensive insurance

This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, hitting a bird, damage from getting keyed and rock chips in glass. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.