Would you like to stop overpaying and find low-cost Chevy Spark EV insurance in Cincinnati? Have you fallen victim to overpriced Chevy Spark EV insurance in Cincinnati? Don’t sweat it because there are lots of people in the same boat.
Astonishing but true according to a recent study, a large majority of drivers renewed their policy with the same company for at least four years, and roughly 40% of drivers have never compared rates with other companies. With the average premium in Ohio being $1,343, drivers could cut their rates by almost $730 a year by just comparing quotes, but they don’t invest the time required to shop around.
Companies like Progressive, GEICO and Farmers Insurance all claim big savings, bombarding you with catchy ads and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.
Consumers should take time to get comparison quotes periodically since prices fluctuate regularly. Even if you think you had the best deal on Chevy Spark EV insurance in Cincinnati a couple years back other companies may now be cheaper. Ignore everything you know about insurance because you’re going to learn one of the easiest ways to properly buy coverages and cut your premium.
When quoting car insurance, remember that getting more free quotes provides better odds of finding a lower rate than you’re paying now. Some companies don’t provide Cincinnati Spark EV insurance quotes over the internet, so you also need to get price quotes from those companies as well.
The following companies can provide price quotes in Cincinnati, OH. To find cheaper auto insurance in OH, we recommend you visit several of them to get the best price comparison.
Insurance is not optional but you don’t have to overpay
Despite the fact that insurance is not cheap in Cincinnati, insurance is a good idea for several reasons.
- Almost all states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability insurance if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Chevy has a loan, most lenders will force you to have comprehensive coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Chevy for a much higher rate and require you to fork over for the much more expensive policy.
- Insurance preserves both your Chevy Spark EV and your personal assets. It will also cover medical bills for not only you but also any passengers injured in an accident. Liability coverage also covers legal expenses if you cause an accident and are sued. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to have it repaired.
The benefits of insuring your car outweigh the cost, especially for larger claims. An average driver in America overpays as much as $830 a year so we recommend shopping around each time the policy renews to help ensure money is not being wasted.
Find Cheaper Auto Insurance with These Tips
It’s important that you understand a few of the rating criteria that help determine auto insurance rates. If you have some idea of what positively or negatively impacts your premiums, this empowers consumers to make smart changes that will entitle you to cheaper rates. Many factors are used in the calculation when premium rates are determined. Most are fairly basic such as your driving history, although some other factors are not as apparent like your continuous coverage or your financial responsibility.
- Choose high safety ratings and save – Cars with five star safety ratings cost less to insure. These vehicles have better occupant injury protection and fewer serious injuries means less money paid by your insurance company which can mean better rates for you. If your Chevy scored better than four stars on Safercar.gov you may pay a lower rate.
- Driving citations can be expensive – Having just one speeding ticket or other violation may cause rates to rise forty percent or more. Drivers who don’t get tickets get better prices compared to bad drivers. People who have license-revoking tickets like hit and run, DWI or reckless driving convictions may find they need to complete a SR-22 with the DMV in their state in order to legally drive.
- Proper usage rating affects premiums – The more you drive in a year’s time the higher your rates will be. A lot of insurance companies calculate rates based upon how much you drive. Vehicles that have low annual miles can get a lower rate than those that get driven frequently. It’s a smart idea to ensure your vehicle rating correctly shows the correct usage, because improper ratings can cost you money. A policy that improperly rates your Spark EV may be wasting your money.
- Only buy add-on coverages you need – Insurance policies have a lot of extra bells and whistles that can waste your money when buying auto insurance. Coverages for coverage for rental cars, accident forgiveness, and motor club memberships may be wasting your money. The coverages may be enticing when you first buy your policy, but now you might not need them so get rid of them and save.
- Lower premiums with GPS tracking and theft deterrents – Choosing to buy a car with a theft deterrent system can help bring down rates. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder vehicle theft.
Auto insurance policy discounts you can’t miss
Buying auto insurance is not cheap, but discounts can save money and there are some available that you may not know about. Certain credits will be shown at quote time, but less common discounts must be specially asked for before being credited.
- Drivers Education – Have your child complete a driver education course in school.
- Seat Belts Save – Buckling up and requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
- Anti-lock Brake Discount – Cars with ABS braking systems or traction control have fewer accidents so companies give up to a 10% discount.
- Waiver for an Accident – This one isn’t a discount, but a few companies such as Allstate, State Farm and GEICO permit an accident before hitting you with a surcharge if you are claim-free before the accident.
- Air Bag Discount – Cars that have air bags and/or automatic seat belt systems may get savings of up to 25% or more.
- Buy New and Save – Buying a new car model can cost up to 25% less because newer vehicles have to meet stringent safety requirements.
- Discount for Good Grades – Excelling in school could provide a savings of up to 20% or more. The good student discount can last well after school through age 25.
- Multi-line Discount – Not every insurance company offers life insurance, but if they do you may earn lower auto insurance rates if you buy a life policy as well.
- Defensive Driver – Passing a course teaching driver safety skills may get you a small discount and easily pay for the cost of the class.
- Early Switch Discount – Some insurance companies give discounts for buying a policy before your current expiration date. This discount can save up to 10%.
Drivers should understand that most discount credits are not given to the entire cost. Most only reduce specific coverage prices like comp or med pay. Just because you may think you would end up receiving a 100% discount, companies wouldn’t make money that way.
A few of the larger companies and some of the discounts can be read below.
- Progressive policyholders can earn discounts including multi-vehicle, multi-policy, online signing, continuous coverage, good student, homeowner, and online quote discount.
- SAFECO may include discounts for accident prevention training, anti-theft, homeowner, multi-car, and teen safe driver.
- American Family offers premium reductions for multi-vehicle, defensive driver, good student, Steer into Savings, air bags, early bird, and bundled insurance.
- MetLife has savings for good student, good driver, accident-free, claim-free, defensive driver, and multi-policy.
- GEICO has discounts for seat belt use, anti-lock brakes, daytime running lights, driver training, five-year accident-free, federal employee, and good student.
- The Hartford discounts include driver training, vehicle fuel type, good student, anti-theft, bundle, defensive driver, and air bag.
Check with all the companies to apply every possible discount. All car insurance discounts might not be available to policyholders in your area. To see a list of providers that provide some of the discounts listed above in Ohio, click this link.
Insurance can be complex
Keep in mind that when it comes to choosing adequate coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different so your insurance should reflect that
Here are some questions about coverages that might help in determining if your situation will benefit from professional help.
- Is my state a no-fault state?
- Is my cargo covered for damage or theft?
- Can my babysitter drive my car?
- What happens if I owe more than my Chevy Spark EV is worth?
- Why do I only qualify for high-risk insurance?
- Do I have coverage when pulling a U-Haul trailer?
If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance companies in your area.
Car insurance is available from your local insurance agencies
Many people still prefer to talk to an insurance agent and that is a personal choice. One of the best bonuses of comparing rates online is the fact that drivers can get cheap rate quotes and still have a local agent. Putting coverage with neighborhood agents is important particularly in Cincinnati.
Once you complete this form (opens in new window), your insurance data is immediately sent to participating agents in Cincinnati who want to provide quotes and help you find cheaper coverage. There is no need to leave your house due to the fact that quote results will go instantly to you. You can find the lowest rates without having to waste a lot of time. If you want to quote rates for a specific company, feel free to find their quoting web page and give them your coverage information.
Exclusive and independent Cincinnati auto insurance agents
When searching for a reliable insurance agent, it’s helpful to know the types of insurance agents and how they differ in how they can insure your vehicles. Insurance agencies in Cincinnati are classified as either exclusive or independent agents depending on their company appointments.
Independent Car Insurance Agencies
Agents that elect to be independent often have affiliation with several companies so they can insure your vehicles with many different companies enabling the ability to shop coverage around. If they quote lower rates, an independent agent can move your coverage and the insured can keep the same agent. If you are comparing car insurance prices, it’s a good idea to get several quotes from a couple of independent agencies for maximum quote selection.
Below are independent insurance agencies in Cincinnati who may provide free rate quotes.
Rick Hensley Insurance Agency
747 Ohio Pike – Cincinnati, OH 45245 – (513) 797-8300 – View Map
Exclusive Car Insurance Agents
These type of agents normally can only provide a single company’s rates and examples are State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents cannot provide prices from multiple companies so they have to upsell other benefits. These agents are well trained on their company’s products which aids in selling service over price.
Listed below is a list of exclusive insurance agents in Cincinnati that are able to give price quotes.
Finding a good auto insurance agent should include more criteria than just a cheap price quote. The following questions are important to ask.
- What are their preferred companies if they are an independent agency?
- Can you use your own choice of collision repair facility?
- Will they give you a referral list?
- Do they have designations such as AIC, CPCU, or CIC?
- How will an accident affect your rates?
- Do they specialize in personal lines coverage in Cincinnati?
More comparisons equals cheaper rates
Some companies may not provide online price quotes and many times these smaller companies prefer to sell through independent agencies. Affordable Chevy Spark EV insurance in Cincinnati can be purchased from both online companies and from local insurance agents, and you should be comparing both to have the best rate selection.
We just presented some good ideas how to compare Chevy Spark EV insurance prices in Cincinnati. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding the cheapest Chevrolet Spark EV rate quotes. You may even be surprised to find that the lowest prices are with a company that doesn’t do a lot of advertising. These smaller insurers often have lower rates on specific markets than the large multi-state companies such as State Farm and Allstate.
Steps to buying affordable Chevy Spark EV insurance in Cincinnati
Truthfully, the best way to quote cheaper Chevy Spark EV insurance is to start doing a yearly price comparison from insurers who provide car insurance in Cincinnati. Price quotes can be compared by following these guidelines.
First, learn about how your policy works and the things you can control to lower rates. Many factors that drive up the price such as traffic tickets, fender benders, and a not-so-good credit history can be eliminated by improving your driving habits or financial responsibility.
Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from one company like GEICO or Allstate, while independent agencies can quote rates from multiple insurance companies.
Third, compare the quotes to the premium of your current policy to see if a cheaper rate is available in Cincinnati. If you can save money and switch companies, ensure there is no coverage lapse between policies.
Fourth, provide notification to your current company of your decision to cancel your current coverage. Submit the signed application along with the required initial payment for your new coverage. Immediately upon receiving it, put the certificate of insurance in an easily accessible location in your vehicle.
One important bit of advice is to use identical deductibles and limits on each quote and to quote with as many car insurance companies as possible. Doing this guarantees a fair price comparison and the best price quote selection.
Much more information about auto insurance in Ohio can be read on the following sites:
- How to Avoid Common Accidents (State Farm)
- Who Has Affordable Auto Insurance for Drivers with a Bad Driving Record in Cincinnati? (FAQ)
- Who Has Affordable Cincinnati Auto Insurance for a Toyota Corolla? (FAQ)
- Get the Right Protection (InsureUonline.org)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)