Chevrolet Spark insurance group & cost

You may already know the Chevrolet Spark by its former name, sold previously in the UK as the Daewoo Matiz. The rebranded Spark combines a price low enough to be deemed ‘bargain basement’ by Autocar magazine with a well-equipped and compact interior.

If you’re looking to insure a Chevrolet Spark, keep reading to see how much you’d be expected to pay for your insurance premiums – and how you could save.

Chevrolet Spark insurance cost by driver’s age

• How we got these rates

  These rates are based on the average cost of cover for cars in the insurance groups shown, for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: Oct 2019 (source: Quotezone)

Average insurance rates for the Chevrolet Spark

Our research indicates that you can expect to pay approximately £37.73 per month to keep your Spark insured, or an annual total of £364.82 if you’d rather pay with a single payment. This places the Spark in the middle of the Chevrolet range in terms of insurance pricing.

In order to generate these figures, we aggregated a variety of quotes from various insurance companies using set criteria as a base of inquiry. Of course, each driver is different. Compare our details with your situation to see how your premiums could be affected. We used the following criteria:

• Thirty-year-old male teacher from Exeter.
• Chevrolet Spark 2018 model, not an import.
• The car was the only vehicle owned by the driver.
• By day, the car is parked in a secure public car park. At night, parked on a driveway at home.
• No modifications aside from the factory standard alarms and immobilisers.
• No tracking devices were fitted on the vehicle.
• Right-hand drive model.
• Used for purposes of social, domestic, pleasure and commuting.
• Average annual milage of 10,000.
• Five-year no-claims discount and no driving convictions in the last five years.
• No additional drivers.
• The type of cover we requested for this policy was comprehensive.

What factors can affect my insurance premiums?

• Whilst every driver is unique, sometimes circumstances do not lend themselves favourably to insurance policies. Age, sex, and geographical location are all factored in by companies when it comes to generating insurance quotes.
• Does your car possess any modifications? These may have a detrimental effect in terms of insurance pricing if they are deemed to not enhance the safety or security of the vehicle.
• Have you invested in additional safety or security measures? Unlike other modifications, particularly in terms of racing additions, these measures can actually bring down your insurance rate.
• How clean is your driving rap sheet? Drivers with higher rates of claims or convictions (motoring or otherwise!) are more likely to be penalised with higher premiums by insurance companies.
• How many miles do you drive every year in comparison to the national average? If you drive substantially more – or substantially less – than 10,000 miles a year, your premiums may be affected.

How can I lower my premiums?

Everybody loves a bargain and it makes sense that you’d want to know how to keep your premiums down. So we’ve made a list of some of the best ways to keep your insurance down:

• Who is insured on your car? If another driver is registered on the insurance policy but rarely drives the vehicle, take them off the policy to bring your premiums down. You can always add them on later on a temporary basis if they need to use the car.
• If it is financially viable to do so, consider paying your insurance annually rather than in twelve monthly instalments. Our research indicates that making the switch could save you an average of £52.00 every year!
• Where do you keep your car parked when you aren’t using it? Insurance premiums will look more favourably on drivers who keep their car secured, either in a garage or a secure car park.
• Insurance providers will likely reward drivers with good credit histories and a clean record with little-to-no claims or convictions.

Random facts about the Chevrolet Spark

• All Spark models come fitted with a five-speed gearbox as standard.
• Chevrolet explicitly modelled the Spark to avoid the ‘cute’ or ‘cuddly’ label, designing it in such a way to exude confidence and – according to the designers – power.
• The Chevrolet Spark has been praised for its extensive amount of interior space, compared to similar hatchback models on the market.

How safe is the Chevrolet Spark?

Safety is always a top priority, especially when travelling in a smaller car. Luckily for you, the Spark scored above average for small cars when crash-tested by the Euro NCAP process. The vehicle received four stars, although received criticism for poor pedestrian protection and safety assistance. However, rest assured, as Auto News has reported that the Spark was the only car of its type to be granted an acceptable rating by the process. The Fiat 500, for instance, was severely damaged by the crash test, whilst the Spark ensured that occupants and, to a lesser extent, pedestrians, were protected.

As standard, the Spark comes fitted with regular airbags, electronic stability control, anti-lock braking, and a roll-over sensor specifically designed to trigger the side airbags in the event of a roll-over incident. It is worth asking your insurer what extra safety and security features you can add to your car in return for lower premiums.