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Chevrolet Spark EV Insurance Cost

Buying auto insurance from online rate quotes can be fast and easy and at the same time you may find lower rates. The most important part is getting rates from all providers so you can compare the lowest rate quotes.

If you're new to shopping for auto insurance online, it's easy to be confused by the hoards of online companies selling insurance. Lowering your Spark EV insurance rates doesn't have to be difficult. You just need to take a few minutes to compare quotes provided by online insurance companies. This can be accomplished by visiting this page.

Which factors influence car insurance premiums?

Insurance premiums paid to insure a Chevrolet Spark EV can be significantly different depending on several factors. Taken into consideration are:

  • A clean driving record keeps rates low
  • Better credit means lower rates
  • Men typically pay more than women
  • Higher deductibles save money
  • Your vehicle's safety rating
  • Whether or not you have claims
  • Maintaining coverage lowers rates
  • Whether you rent or own your home

One important consideration that helps determine your rates is the age of the vehicle. A newer vehicle cost more compared to older Chevrolet models so the cost to replace them may end up costing you more. But more recent Chevrolet vehicles have more advanced features including pedestrian detection, tire pressure monitors, and autonomous braking that may help provide discounts that lower premiums.

To get more specific information about how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

Liability insurance

This coverage will cover damages or injuries you inflict on a person or their property in an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so buy as large an amount as possible.

Collision insurance

Collision insurance will pay to fix damage to your Chevrolet from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive protection

This will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when the "other guys" are uninsured or don't have enough coverage. Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like doctor visits, EMT expenses, and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage.

How Much are Chevrolet Spark EV Insurance Rates?