Insurance Costs for a 2021 Chevrolet Spark:
Full Coverage Estimates:
- Standard Drivers: $90–$140/month.
- High-Risk Drivers: $160–$220/month.
- Young Drivers (under 25): $120–$180/month.
Factors Affecting Insurance Rates:
- Driver’s Age: Younger drivers tend to have higher premiums.
- Driving History: Clean records result in lower rates.
- Location: Urban areas with higher traffic and theft risks, like Aurora, CO, may have higher rates.
- Coverage Options: Higher liability limits and lower deductibles increase premiums.
Estimate Breakdown 2021 Chevrolet Spark
 20, Male, Single, Aurora, Colorado |
|---|
| Year/Make Model: 2021 Chevrolet Spark |
| Ownership Status: Financed |
| Discounts: Paperless, Automatic Card Payments, Five Year Accident Free, Three Year Safe Driving, Continuous Insurance, Snapshot |
| Selected Coverages With Progressive |
|---|
| Bodily Injury Liability: $25,000 per person/$50,000 per accident |
| Property Damage Liability: $25,000 Comprehensive & Collision Deductibles: $1000 |
| Other Rejected Coverages: Uninsured/Underinsured Motorist, Medical Payments, Rental Reimbursement, Roadside Assistance |
Customer was needing insurance for a vehicle that her father just purchased for her. He is listed on the policy, which did help her rate since she is young. Another factor that helped keep the cost of her full coverage policy on her new 2021 Chevrolet Spark was that she has been insured on her fathers policy so she received the continuous insurance discount.
Please note that this is only meant as an example and prices may vary depending on several factors.
Total 6 Month Premium: $2,077
Insuring a 2021 Chevrolet Spark with full coverage in Aurora, Colorado, involves several factors that influence premium costs, including vehicle specifics, driver profile, and regional considerations. Here’s an overview to guide you:
Average Insurance Costs:
- Chevrolet Spark Specifics: Nationally, insuring a Chevrolet Spark averages around $1,872 annually for full coverage, equating to approximately $156 per month. CarEdge
- Aurora, Colorado Rates: The average car insurance rate in Aurora is about $203 per month. Insure.com
Factors Influencing Premiums:
- Driver’s Age and Driving Record: Younger drivers or those with traffic violations may face higher premiums.
- Credit History: In Colorado, credit scores can impact insurance rates.
- Coverage Levels: Opting for higher liability limits or lower deductibles increases premiums.
- Location: Urban areas like Aurora may have higher rates due to increased traffic and accident likelihood.
Tips to Lower Premiums:
- Compare Quotes: Obtain quotes from multiple insurers to find competitive rates.
- Bundle Policies: Consider combining auto and home insurance for potential discounts.
- Maintain a Clean Driving Record: Safe driving can lead to lower premiums over time.
- Adjust Deductibles: Increasing your deductible can reduce premium costs, but ensure it’s an amount you can afford if a claim is necessary.
Monthly Installments: $346.32
Next Steps:
To obtain precise quotes tailored to your situation, consider reaching out to local insurance agents or using online comparison tools. Here are some insurance providers in Aurora, CO, that you might consider:
Aurora, CO
Provides competitive rates for auto insurance with a variety of coverage options and discounts.
By consulting with these providers, you can compare rates and find a policy that best fits your needs and budget.