Trying to find the cheapest insurance for a new or used Chevy Spark in Virginia could be a lot of work, but you can learn these tips and make it easy.
There are more efficient ways to buy insurance and you need to know the quickest way to price shop coverage for a Chevy and locate the cheapest rates from both online companies and Virginia Beach agents.
If you already have coverage or are shopping for new coverage, use these money-saving tips to buy cheaper car insurance without reducing protection. Obtaining price quotes for the best car insurance coverage in Virginia Beach is actually quite simple. Comparison shoppers just need to use the quickest method to find the lowest price over the internet.
The easiest way to compare rates for Chevy Spark insurance in Virginia Beach is to know auto insurance companies actually pay money for the chance to compare their rates. To get started, all you need to do is spend a couple of minutes providing details including how much you drive, if you require a SR-22, if it has an alarm system, and whether you are married. Your insurance information is instantly sent to multiple companies and they return quotes very quickly.
To get price quotes for your Chevy Spark now, click here then complete the form.
The car insurance companies shown below are ready to provide price quotes in Virginia Beach, VA. To locate the best car insurance in VA, we suggest you compare several of them to get a more complete price comparison.
Car insurance is not optional but you don’t have to overpay
Despite the high cost of buying insurance for a Chevy Spark in Virginia Beach, car insurance is a good idea for several reasons.
First, most states have mandatory liability insurance requirements which means you are required to carry specific limits of liability insurance if you drive a vehicle. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
Second, if you bought your car with a loan, most banks will have a requirement that you buy insurance to protect their interest in the vehicle. If you default on your policy, the lender may have to buy a policy to insure your Chevy at a more expensive rate and force you to reimburse them for the much more expensive policy.
Third, car insurance preserves not only your vehicle but also your assets. It will also reimburse you for most medical and hospital costs incurred in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If you have damage to your Chevy as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance definitely exceed the cost, especially for larger claims. According to a recent study, the average American driver is wasting up to $865 each year so shop around at every policy renewal to ensure rates are competitive.
Smart Buyers Can Cut Insurance Costs
It’s important that you understand the rating factors that help determine the rates you pay for auto insurance. If you have some idea of what positively or negatively impacts your premiums, this allows you to make educated decisions that could help you find much lower annual insurance costs.
Good credit scores equal low rates – Your credit rating is likely to be a major factor in calculating your premium rate. If your credit can use some improvement, you could be paying less to insure your Chevrolet Spark if you improve your credit rating. Insureds that have very high credit ratings tend to be more responsible and file fewer claims than those with worse credit.
Put fewer miles on your vehicle – The higher the mileage driven annually the more you’ll pay to insure it. A lot of companies calculate prices determined by how the vehicle is used. Autos not used for work or commuting can be on a lower rate level compared to those used for work or business. Incorrect rating for your Spark may be costing you higher rates. Double check that your auto insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money.
Physical damage deductibles – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your vehicle. Some examples of claims that would be covered could be a broken side mirror, hail damage, and rolling your vehicle. Comp and collision deductibles tell how much you are willing to pay out-of-pocket before your auto insurance pays a claim. The more expense you pay before a claim is paid (deductible), the better rate you will receive.
Get a ticket, pay higher premiums – Your driving record has a lot to do with how much you pay for insurance. Attentive drivers pay less for auto insurance than people who have multiple driving citations. Getting just one ticket may increase your cost by as much as twenty percent. Drivers who have dangerous violations like DWI, reckless driving or hit and run convictions may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.
Amount of liability insurance – A critical coverage on your policy, liability insurance will afford coverage if ever you are ruled to be at fault for personal injury or accident damage. Your policy’s liability insurance provides you with a defense in court to defend your case. Liability insurance is pretty cheap as compared to coverage for physical damage, so drivers should carry high limits.
Safety first – Cars with five star safety ratings tend to have lower insurance rates. Safer cars reduce injuries and lower rates of occupant injuries means less claims paid and thus lower rates.
Higher rates for auto insurance policy lapses – Having a lapse in insurance coverage is a guaranteed way to bump up your auto insurance costs. Not only will you pay more, being ticketed for driving with no insurance could result in a fine, jail time, or a revoked license.
Compare but don’t skimp
As you quote Virginia Beach auto insurance, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where an insured cut uninsured motorist or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible for the lowest price, but do not sacrifice coverage to save money.
Some insurance providers don’t offer the ability to get quotes online and these small, regional companies prefer to sell through independent insurance agents. More affordable auto insurance in Virginia Beach is definitely available online and from local insurance agents, and you should compare rates from both in order to have the best price selection to choose from.
In this article, we covered some good ideas how you can save on Chevy Spark insurance in Virginia Beach. It’s most important to understand that the more providers you compare, the better your chances of lowering your car insurance rates. You may even discover the best rates are with the smaller companies.
How to find lower priced Chevy Spark insurance in Virginia Beach
Truthfully, the best way to get more affordable Chevy Spark insurance in Virginia Beach is to regularly compare price quotes from providers in Virginia.
- Get a basic knowledge of auto insurance and the steps you can take to keep rates down. Many factors that drive up the price like speeding and a not-so-good credit score can be controlled by being financially responsible and driving safely.
- Compare prices from direct, independent, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like GEICO or Allstate, while independent agents can give you price quotes for a wide range of insurance providers. Compare rates now
- Compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you find better rates and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
One thing to point out is to use identical coverage information on each price quote and and to get price quotes from every insurance company. Doing this ensures an accurate price comparison and the most accurate and complete price analysis.
Additional articles
- What Does No-Fault Insurance Cover? (Allstate)
- Who Has Cheap Virginia Beach Car Insurance Rates After a Speeding Ticket? (FAQ)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Tools for Teen Driving Safety (State Farm)
- Car Insurance FAQ (Trusted Choice)
- Teen Driver Statistics (Insurance Information Institute)