Finding cheaper insurance for your Chevy Spark in North Carolina could be difficult, but you can learn the following methods to make it easier.
There are both good and bad ways to find auto insurance online and we’ll show you the quickest way to quote coverages on a Chevy and find the best price possible either online or from Raleigh insurance agents.
It’s well known that car insurance companies don’t want policyholders to compare prices from other companies. People who compare other rates are very likely to switch to a new company because they have good chances of finding a lower-priced company. A recent study showed that consumers who compared rate quotes regularly saved on average $72 a month as compared to drivers who don’t regularly compare prices.
If finding the cheapest price for Chevy Spark insurance in Raleigh is the reason for your visit, learning how to get price quotes and compare coverages can make it easier for you to save money.
Best car insurance in North Carolina
Ending up with the right company can be a challenge considering how many different companies there are to choose from in North Carolina. The rank data below may help you choose which car insurance companies to look at comparing rates with.
Top 10 Raleigh Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Raleigh Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
What car insurance coverages do you need?
Understanding the coverages of a car insurance policy can help you determine the best coverages for your vehicles. Car insurance terms can be confusing and coverage can change by endorsement.
Comprehensive coverages – This coverage pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as falling objects, a broken windshield and vandalism. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Liability – This coverage will cover damage that occurs to other people or property in an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 30/60/25 that translate to a limit of $30,000 per injured person, a per accident bodily injury limit of $60,000, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage pays for things like emergency aid, attorney fees, loss of income, legal defense fees and medical expenses. How much liability should you purchase? That is your choice, but consider buying higher limits if possible. North Carolina state minimum liability requirements are 30/60/25 but it’s recommended drivers buy higher limits.
The next chart shows why low liability limits may not be high enough to adequately cover claims.
Uninsured and underinsured coverage – This protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chevy Spark.
Because many people only carry the minimum required liability limits (which is 30/60/25), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Usually these coverages are similar to your liability insurance amounts.
Coverage for medical payments – Coverage for medical payments and/or PIP pay for expenses for nursing services, surgery, doctor visits, rehabilitation expenses and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay
Collision coverage – This coverage will pay to fix damage to your Spark caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things such as damaging your car on a curb, sideswiping another vehicle and colliding with a tree. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible on your Spark to bring the cost down.
You can find cheaper coverage
Drivers switch companies for any number of reasons including denial of a claim, policy non-renewal, poor customer service and even lack of trust in their agent. It doesn’t matter why you want to switch switching companies is easier than you think.
In this article, we presented a lot of information how to compare Chevy Spark insurance auto insurance rates in Raleigh. It’s most important to understand that the more quotes you get, the higher your chance of finding affordable Raleigh car insurance quotes. You may even be surprised to find that the best price on car insurance is with the smaller companies.
Lower-priced Chevy Spark insurance in Raleigh is possible on the web as well as from independent agents in Raleigh, and you need to comparison shop both in order to have the best price selection to choose from. Some companies may not provide online rate quotes and these smaller companies work with independent insurance agents.
Steps to finding cheaper rates for Chevy Spark insurance in Raleigh
The recommended way to get the cheapest Chevy Spark insurance is to start comparing rates regularly from different companies who sell insurance in Raleigh.
Step 1: Take a little time to learn about what coverages are included in your policy and the factors you can control to prevent rate increases. Many risk factors that are responsible for high rates such as multiple speeding tickets and a low credit rating can be controlled by making small lifestyle or driving habit changes.
Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like Progressive or Allstate, while agents who are independent can provide prices for many different companies.
Step 3: Compare the quotes to the premium of your current policy to determine if switching companies saves money. If you can save money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Provide notification to your current agent or company of your intent to cancel your current coverage. Submit the application along with any required down payment for your new coverage. Once coverage is bound, place your new certificate verifying coverage along with your vehicle registration.
One important bit of advice is to make sure you’re comparing similar coverage information on each price quote and and to get price quotes from every insurance company. Doing this guarantees a fair rate comparison and a complete price analysis.
More information
- Preventing Carjacking and Theft (Insurance Information Institute)
- Smart Auto Insurance Tips (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)
- Red Light Cameras (State Farm)