2020 Chevrolet Spark Car Insurance Calculator

Discover and learn how choices you make affect the cost of insurance for a 2020 Chevrolet Spark. Modify choices like homeowner status, credit history, policy coverages, and liability limits. Find out instantly if rates increase or decrease and why.

The average estimated car insurance premium for a 2020 Chevrolet Spark is $1,586 per year, or about $132 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$1,586

Cost Per Month

$132

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Chevrolet Spark Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2020 Chevrolet Spark.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$1,586
Average Rate
Your Rate
$1,586

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2020 Chevrolet Spark trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2020 Chevrolet Spark is $1,586.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2020 Chevrolet Spark vs. the Small Car Segment

The table below compares insurance rates for the 2020 Chevrolet Spark against all other models in the small car segment. The Chevrolet Spark is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Chevrolet Spark, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Chevrolet Spark.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2020 Chevrolet Spark Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Chevrolet Spark$1,586--
2Honda Fit$1,648$62
3Fiat 500L$1,666$80
4Toyota Corolla$1,690$104
5Volkswagen Golf$1,732$146
6Toyota Yaris$1,752$166
7Subaru Impreza$1,778$192
8Fiat 124 Spider$1,806$220
9Nissan Sentra$1,820$234
10Mazda 3$1,834$248
11Honda Civic$1,874$288
12Kia Rio$1,880$294
13Hyundai Accent$1,898$312
14Kia Forte$1,916$330
2020 Small Car Average$1,973$387
15Toyota Prius$2,024$438
16Hyundai Veloster$2,080$494
17Volkswagen GTI$2,088$502
18Volkswagen Jetta$2,100$514
19Nissan Versa$2,110$524
20Nissan Leaf$2,128$542
21Mitsubishi Mirage G4$2,130$544
22Chevrolet Sonic$2,168$582
23Honda Clarity$2,206$620
24Hyundai Elantra$2,230$644
25Hyundai Ioniq$2,274$688
26Toyota 86$2,406$820
27Toyota Mirai$2,460$874

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2020 Spark Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Chevrolet Spark.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2020 Chevrolet Spark Insurance Rates by Trim Level
2020 Chevrolet Spark Trim Level Annual Premium Cost Per Month
LS Hatchback$1,506$126
LT Hatchback$1,608$134
Activ Hatchback$1,646$137

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2020 Chevrolet Spark for different driver ages.

2020 Chevrolet Spark Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$5,812$484
17$5,553$463
18$4,828$402
19$4,457$371
20$3,383$282
21$3,227$269
22$2,867$239
23$2,417$201
24$2,257$188
25$1,834$153
30$1,676$140
35$1,636$136
40$1,586$132
45$1,494$125
50$1,424$119
55$1,328$111
60$1,328$111
65$1,412$118
70$1,554$130
75$1,860$155
80$2,290$191

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Chevrolet Spark trim levels.