Trying to find the cheapest insurance coverage rates for your Chevrolet Spark? Sick and tired of not being able to afford to pay your car insurance bill each month? You are in the same boat as most other car owners.
You have so many car insurance companies to purchase coverage from, and although it’s nice to be able to choose, it makes it harder to get the best deal.
It’s a great practice to do rate comparisons periodically because prices are usually higher with each renewal. Just because you had the lowest price for Spark coverage two years ago you can probably find a lower rate today. There is too much inaccurate information about insurance coverage on the web, but we’re going to give you a bunch of ideas how to reduce your insurance coverage bill.
This article will instruct you on the most effective way to quote insurance and some money-saving tips. If you currently have a car insurance policy, you will be able to lower your premiums substantially using these methods. But vehicle owners need to have an understanding of how big insurance companies compete online and use this information to your advantage.
Insuring your fleet can be pricey, but discounts can save money and there are some available to reduce the price significantly. A few discounts will automatically apply when you get a quote, but less common discounts must be asked for before you get the savings.
Drivers should understand that most credits do not apply to the entire cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, you won’t be that lucky. But any discount will cut the cost of coverage.
Car insurance companies that possibly offer these benefits include:
It’s a good idea to ask all companies you are considering what discounts are available to you. Discounts may not apply in every state.
When it comes to buying adequate coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique so your insurance needs to address that. For example, these questions may help you determine if you might need professional guidance.
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance companies in your area.
Insurance coverage providers like State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. They all say the same thing that you can save if you switch your coverage to them. How do they all say the same thing?
Insurance companies have a certain “appetite” for the driver that makes them money. For example, a desirable insured might be profiled as over the age of 40, has no prior claims, and chooses high deductibles. A customer that hits that “sweet spot” gets the lowest rates and is almost guaranteed to save a lot of money.
Potential insureds who don’t qualify for the requirements will be quoted higher premiums and this can result in the customer not buying. The ads state “people who switch” not “everyone that quotes” save that much money. That’s why companies can state the savings.
This emphasizes why you need to quote coverage with many companies. It is impossible to predict which insurance coverage company will fit your personal profile best.
Understanding the coverages of car insurance can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the normal coverages found on the average car insurance policy.
Collision coverage protection
This pays for damage to your Spark resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for claims such as driving through your garage door, crashing into a ditch, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
Insurance for medical payments
Coverage for medical payments and/or PIP reimburse you for expenses for X-ray expenses, ambulance fees, EMT expenses, funeral costs and hospital visits. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Chevy Spark.
Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are set the same as your liablity limits.
Comprehensive coverage (or Other than Collision)
This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like hail damage, hitting a deer, damage from a tornado or hurricane, rock chips in glass and hitting a bird. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Coverage for liability
Liability insurance protects you from injuries or damage you cause to other people or property in an accident. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.
Liability insurance covers claims such as emergency aid, court costs and bail bonds. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.
We just presented some good ideas how you can lower your 2013 Chevy Spark insurance rates. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. You may even find the best price on auto insurance is with a smaller regional carrier. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or GEICO.
Lower-priced insurance is available from both online companies and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. A few companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.
More detailed auto insurance information can be found in these articles: