2016 Chevrolet Spark Insurance Quotes

Comparing and finding low cost rates for insurance coverage is kind of frustrating for drivers who are new to buying insurance online. Drivers have so many companies to choose from that it can easily become a difficult mission to find the best rates.

Smart consumers take time to compare premium rates before your policy renews due to the fact that insurance prices change regularly. Even if you got the best deal for Spark coverage six months ago a different company probably has better rates today. There are lots of tips to save on insurance coverage online but we’re going to give you some of the best techniques to stop overpaying for insurance.

Lower your insurance rates

Many different elements are taken into consideration when pricing auto insurance. Some are pretty understandable such as your driving history, but some are more transparent such as your credit history or your vehicle rating.

The factors shown below are some of the most common factors used by your company to calculate your premiums.

  • High deductibles cost less – Insurance for physical damage to your car, also known as collision and other-than-collision, insures against damage to your Chevy. Some instances where coverage would apply would be collision with another vehicle, damage from fire, and damage caused by flying debris. The deductibles tell how much the insured will be required to pay if you file a covered claim. The more money the insured has to pay upfront, the lower your rates will be for Spark coverage.
  • Prevent your car from being stolen – Choosing a vehicle that has a built-in theft deterrent system can get you a discount on your insurance coverage. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart vehicle theft.
  • Where you live plays a part – Choosing to live in small towns and rural areas may provide you with better prices when insuring your vehicles. Drivers who live in large cities have to deal with much more traffic and a longer drive to work. Fewer people means less chance of accidents and a lower car theft rate.
  • Single drivers take more risk – Your spouse may save some money when shopping for insurance coverage. Having a significant other usually means you are more mature and statistics show married drivers tend to file fewer claims.
  • The higher your credit rating the lower your premiums – Having a bad credit score is likely to be a major factor in determining premium rates. If your credit score can be improved, you may save money insuring your 2016 Chevrolet Spark by improving your credit score. Drivers who have high credit scores tend to file fewer claims than those with poor credit.
  • Mature drivers pay less – Older insureds are proven to be safer behind the wheel, statistically cause fewer accidents , and are generally more financially stable.Young drivers tend to get distracted easily when driving with friends and because of this, their insurance coverage rates are much higher.
  • Vehicles with better crash test results are cheaper to insure – Vehicles with good safety scores cost less to insure. Safe vehicles protect occupants better and reduced instances of injuries means less claims paid and thus lower rates.
  • Responsible drivers pay better prices – Whether or not you get tickets influences premium rates substantially. Having just one speeding ticket or other violation can increase rates by as much as thirty percent. Drivers with clean records pay lower auto insurance prices than their less careful counterparts. People who have license-revoking tickets such as DUI or willful reckless driving may be required to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive.

Drivers can save with with these discounts

Insuring your fleet can be pricey, but there could be available discounts that you may not even be aware of. Some discounts apply automatically at quote time, but once in a while a discount must be asked about in order for you to get them.

  • Full Payment Discount – If you can afford to pay the entire bill rather than paying monthly you can avoid the installment charge.
  • Paperless Signup – Some of the larger companies will give you a small discount for buying your policy digitally online.
  • Accident Waiver – but a few companies such as State Farm and Allstate will forgive one accident without the usual rate increase if your claims history is clear for a particular time prior to the accident.
  • Air Bag Discount – Vehicles equipped with air bags may get savings of 20 to 30 percent.
  • Life Insurance – If the company offers life insurance, you could get a discount if you purchase life insurance.
  • Defensive Driver Discounts – Passing a defensive driver course may get you a small discount depending on where you live.
  • Theft Prevention System – Cars equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10% off your car insurance quote.

A quick disclaimer, some of the credits will not apply to the entire policy premium. Most only cut the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that all those discounts means the company will pay you, company stockholders wouldn’t be very happy. Any amount of discount will positively reduce the cost of coverage.

For a list of companies that offer some of these discounts, follow this link.

Tricks in car insurance advertising

Progressive, GEICO, Allstate and State Farm constantly bombard you with ads in print and on television. They all tend to make the same promise that people will save if you move your policy. How can each company offer drivers better rates? Here is the trick they use.

Most companies can use profiling for the type of driver that will not have excessive claims. For instance, this type of driver could be over the age of 40, has had continuous coverage, and has excellent credit. A propective insured who matches that profile may get the lowest rates and most likely will save if they switch.

Consumers who are not a match for this stringent profile may receive a higher premium and this results in the driver buying from a lower-cost company. The ad wording is “people who switch” but not “all drivers who get quotes” can save as much as they claim. This is how companies can truthfully lure you into getting a quote.

That is why it is so important to compare rate quotes every year. Because you never know which insurance companies will be your best fit.

Your situation helps dictate your coverage

When it comes to choosing the best car insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover if your situation could use an agent’s help.

  • Can I still get insurance after a DUI?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Does my insurance cover my expensive audio equipment?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does my 2016 Chevy Spark need full coverage?
  • Do I need an umbrella policy?
  • Does liability extend to a camper or trailer?
  • Do I need rental car coverage?
  • Does insurance cover damages from a DUI accident?
  • Does my policy cover me when driving someone else’s vehicle?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, complete this form.

Insurance coverages 101

Understanding the coverages of your policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your 2016 Chevy Spark.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Frequently these limits are identical to your policy’s liability coverage.

Liability insurance

Liability coverage protects you from damage that occurs to other people or property. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like medical expenses, legal defense fees, court costs and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like rehabilitation expenses, prosthetic devices, hospital visits and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision coverage protection

This coverage pays for damage to your Spark resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a ditch, driving through your garage door, sustaining damage from a pot hole and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, damage from a tornado or hurricane and a tree branch falling on your vehicle. The most a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Don’t break the bank

We just covered many ideas to reduce 2016 Chevy Spark insurance prices online. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. Drivers may discover the lowest prices come from the least-expected company.

When trying to cut insurance costs, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced comprehensive coverage or liability limits and discovered at claim time that it was a big mistake. The goal is to purchase plenty of coverage at an affordable rate.

Drivers leave their current company for many reasons like lack of trust in their agent, delays in paying claims, unfair underwriting practices or even policy cancellation. It doesn’t matter why you want to switch finding a new company is easier than you think.

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