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 Post subject: Insanely high insurance on Spark EV??!@!
PostPosted: Mon Aug 07, 2017 2:55 pm 
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Joined: Fri Jul 28, 2017 2:50 am
Posts: 18
I called today to get my Spark EV insured...its the most expensive car we have to insure...what the Hell!!??

More than my Trans Am, more than the Volt (same year) more than a 1500hp street truck and more than my silverado.

Makes no sense..almost half the cost of a Volt and $35/month higher!? They quoted me $98/mo for this car...I am 42 with a perfect driving record, 825+ credit score and no claims. Something seems wrong here to me. this is with the same coverages all the other cars have in our family.

Hell, my 16 year old son only cost us $112/ month !!

This is with State Farm who I have been with my whole life and I am looking at switching if this is the case. We always knew we paid more but this just seems out of line.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Mon Aug 07, 2017 3:14 pm 
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Joined: Sat Jun 17, 2017 4:25 pm
Posts: 76
Yeah, true. I think it is costing me almost $200 a month to insure my car. (Los Angeles area)
I figure, at that rate, in a few year, I will have paid thousands of dollars to insure a car that wasn't even that expensive to begin with.
I bought my car used for around 10 grand. The insurance laws here in California suck. When insurance is made mandatory, there is no competition, and companies can charge whatever they want.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Mon Aug 07, 2017 3:24 pm 
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Joined: Tue May 23, 2017 2:06 pm
Posts: 3
I'm in LA and pay $100 a month with State Farm.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Mon Aug 07, 2017 6:38 pm 
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Joined: Fri May 01, 2015 5:52 am
Posts: 951
Location: KC,MO
Mama says, "You better shop around. Shop. Shop."


That's ridiculous rates.

_________________
Used '14 2LT w/ DCFC.
In the middle of the country.
Far from any of its sibs.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Mon Aug 07, 2017 11:21 pm 
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Joined: Mon Jan 12, 2015 2:05 am
Posts: 163
I only buy liability insurance. progressive was about 450 for 6 months.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Tue Aug 08, 2017 9:14 am 
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Joined: Wed Oct 30, 2013 7:27 am
Posts: 611
Location: Manteca, California
NORTON wrote:
Mama says, "You better shop around. Shop. Shop."


That's ridiculous rates.


I wonder what it will be for a BOLT in the same areas? Many insurance companies are charging by the number of miles driven - some insurance companies ask for this info for each car on the policy and at every policy renewal. Make sure what they have on your policy is correct.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Tue Aug 08, 2017 1:08 pm 
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Joined: Sat Apr 09, 2016 10:03 pm
Posts: 32
Location: Portland, OR
I'm paying $247 for 6 months for both my wife and I, with a $1000 deductible on both comprehensive and collision. Had to get comprehensive since I financed at 0%. :) This is in Portland Oregon and through Geico.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Wed Aug 09, 2017 10:29 am 
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Joined: Sat Jun 17, 2017 4:25 pm
Posts: 76
I think the reason why it is costing me so much is because the car has not been paid off yet. The finance company want me to have the full coverage.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Wed Aug 09, 2017 9:21 pm 
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Joined: Mon Jan 12, 2015 2:05 am
Posts: 163
zzzzzzzz wrote:
I'm paying $247 for 6 months for both my wife and I, with a $1000 deductible on both comprehensive and collision. Had to get comprehensive since I financed at 0%. :) This is in Portland Oregon and through Geico.

how the hell am i paying twice what you pay and i have just liability with a clean driving record. Is oregon some super safe driving area compared to vegas.


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 Post subject: Re: Insanely high insurance on Spark EV??!@!
PostPosted: Sat Aug 12, 2017 6:00 am 
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Joined: Thu Jul 06, 2017 5:19 pm
Posts: 7
I pay about $70 month for full coverage on a 2014 Spark EV in Fayetteville, AR. AAA insurance. That'll go down after 6 months, they make you use 15,000 miles per year driving estimate for the first six months.

Definitely shop around. Usually AAA or GEICO is cheapest where I live. Some of the quotes I got were 4x what I'm paying.


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