How Much Does 2014 Chevrolet Spark EV Insurance Cost?

Frustrated by the number of car insurance companies? Many other drivers are as well. Vehicle owners have so many options that it is a burden to find better car insurance rates.

It’s important to price shop coverage at least once a year because insurance prices change frequently. Even if you got the best deal for Spark EV coverage at your last renewal the chances are good that you can find a lower premium rate today. You can search a lot of car insurance out there, but you can learn the easiest ways to find affordable car insurance.

Shop insurance coverage online

To find cheap prices, there are a couple of ways to compare rate quotes from lots of insurance coverage companies. The best method to compare 2014 Chevy Spark EV insurance prices is to perform an online rate comparison. It’s really quite simple and can be done in just a few minutes using one of these methods.

One of the simplest ways to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This style of form prevents you from having to do separate quotes for each company. One form gets insurance cost estimates from many national carriers. This is perfect if you don’t have a lot of time.
A more difficult way to find more affordable insurance is going to the website for every company you want to comare and repeat the quote process again and again. For examples sake, we’ll pretend you want comparison quotes from Nationwide, Farmers and Progressive. In order to compare rates, you need to go to each individual site to enter the same coverage data repeatedly, and that explains why we recommend the first method.
To view a list of companies in your area, click here.

It’s up to you which method you use, but do your best to enter the exact same coverage limits and deductibles for each price quote. If you compare differing limits you can’t possibly make a fair comparison for your Chevy Spark EV. Quoting even small variations in insurance coverages or limits could throw off the whole comparison. And when price shopping your coverage, obtaining a wide range of quotes increases the change that you will find lower pricing. Some smaller insurers to not give online rate quotes, so you should also compare price quotes from the smaller companies as well.

Auto insurance policy discounts you can’t miss

Insuring your vehicles can cost a lot, but you may qualify for discounts to reduce the price significantly. Many of these discounts will be applied automatically when you purchase, but a few must be asked about before being credited.

Air Bag Discount – Options like air bags or motorized seat belts can receive discounts of up to 25% or more.
Military Deployment Discount – Having an actively deployed family member can result in better premium rates.
Seat Belts Save more than Lives – Drivers who require all occupants to buckle up before driving can save 10% or more on medical payment and PIP coverage.
Defensive Driving Course – Participating in a defensive driver class could cut 5% off your bill depending on where you live.
Memberships – Being a member of specific professional or occupational memberships or organizations could trigger savings when getting a insurance quote.
Senior Citizens – Older drivers may qualify for a slight reduction on a insurance quote for Spark EV coverage.

As a footnote on discounts, most discount credits are not given to the entire policy premium. Some only reduce the cost of specific coverages such as comprehensive or collision. Just because it seems like all the discounts add up to a free policy, you’re out of luck.

Popular auto insurance companies and their possible discounts include:

State Farm may have discounts that include multiple autos, good student, student away at school, accident-free, driver’s education, and anti-theft.
Progressive may offer discounts for homeowner, multi-policy, good student, online signing, and multi-vehicle.
Travelers offers discounts including early quote, continuous insurance, multi-car, save driver, home ownership, and payment discounts.
American Family offers discounts for TimeAway discount, good student, multi-vehicle, bundled insurance, early bird, accident-free, and air bags.
Liberty Mutual discounts include multi-car, newly retired, new move discount, multi-policy, and exclusive group savings.

Before purchasing a policy, check with every prospective company which discounts you qualify for. Some credits might not be available to policyholders in every state. For a list of auto insurance companies who offer free auto insurance quotes, click here.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Every situation is different.

For example, these questions may help highlight whether or not you might need professional guidance.

How do I buy GAP insurance?
What exactly is covered by my policy?
Should I get collision insurance on every vehicle?
Is upholstery damage covered by car insurance?
Are my tools covered if they get stolen from my vehicle?
Should I file a claim if it’s only slightly more than my deductible?
Is my ex-spouse still covered by my policy?
Is my state a no-fault state?
Is a fancy paint job covered?
Am I covered if I hit a deer?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form.

Car insurance coverages for a 2014 Chevy Spark EV

Understanding the coverages of a insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring.

Comprehensive auto coverage

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like rock chips in glass, fire damage, vandalism, hitting a deer and hail damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for immediate expenses such as hospital visits, chiropractic care and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay

Liability insurance

This coverage protects you from injuries or damage you cause to a person or their property that is your fault. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers claims like attorney fees, loss of income, medical expenses, structural damage and repair bills for other people’s vehicles. How much coverage you buy is your choice, but you should buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) 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 damage to your Chevy Spark EV.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage

This pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a ditch, rolling your car and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.