Chevrolet Spark Car Insurance

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Since its first launch, the Chevrolet Spark has gained popularity as one of the most compact, affordable, and practical city cars. Those who own it shower nothing but praise for this car. However, to ensure its uninterrupted performance and protection, purchasing Chevrolet Spark car insurance is necessary. Besides providing legal compliance, it will help you stay at peace whenever uncertainty arises. So, explore further about which types of policies are available, their benefits, and how a Chevrolet Spark car insurance claim works in the following section. 

Benefits of Chevrolet Spark Car Insurance

To avail financial security and legal compliance, purchasing Chevrolet Spark car insurance is not optional but a necessity. The following pointers will let you in on some more benefits of car insurance: 

Coverage Against Natural and Man-made Disasters

Besides accidental damage, a comprehensive car insurance plan covers damage incurred due to natural or man-made disasters. 

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Lower Deductibles

With many insurance providers, you can choose to lower your deductible, which means paying less out-of-pocket in case of a claim. This can reduce the amount you have to pay upfront when filing a claim.

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Personal Injury Protection

Personal injury protection (PIP) covers medical expenses for you and your passengers, regardless of who caused the accident. This can be particularly valuable for minor injuries.

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Types of Car Insurance for Chevrolet Spark

One can choose from two main types of car insurance policies for their Chevrolet Spark. These are: 

Third-Party Car Insurance

The Ministry of Road Transport and Highways in India has mandated third-party car insurance through the Motor Vehicles Act (1988). This policy protects from legal liabilities if a policyholder gets involved in third-party property damage or injury. 

Comprehensive Car Insurance Policy 

It is an optional yet robust car insurance plan that offers high coverage against both third-party and own damage. Under a comprehensive policy, a Chevrolet Spark car owner can opt for cashless as well as reimbursement benefits at the time of repair. 

Comprehensive Car Insurance Plan Vs Third-party Car Insurance Plan 

Here is a quick comparison between comprehensive and third-party car insurance: 

ParametersComprehensiveThird-Party
   
CoverageHigh coverage, including third-party and own damageStandard coverage for only third-party damage
Premium High premiums that are determined by insurersThe premium amount is finalised by IRDAI
Add-ons AvailableNot available
Legal RequirementNoYes
Theft/loss coverageYesNo

Inclusions/Exclusions in Chevrolet Spark Car Insurance

Being aware of car insurance policy inclusions and exclusions eliminates the chances of confusion in the future. Here are some of the common inclusions and exclusions of the Chevrolet Spark car insurance policy:   

InclusionsExclusions
  
Common damages caused by collisionsDriving under the influence of drugs or alcohol
Damage due to Fire or explosionsDriving without proper driving documentation, such as a license, a pollution certificate
Personal accident leading to disability or death Normal wear and tear
Car theft and vandalismParticipating in illegal races 
Car damage caused by natural or man-made calamitiesDriving  outside of the permitted zone

Add-ons for Chevrolet Spark car insurance

ACKO provides the following add-ons in order to help you extend the coverage for your Chevrolet Spark. However, do not forget to check Chevrolet Spark car insurance eligibility before buying: 

  • Secure non-electrical items cover: Compensates for theft or damage to non-electrical items such as seat covers, alloy wheels, etc.  
  • No Claim Bonus (NCB) Protection: Enables policyholders to make a claim and protect their NCB at the same time. 
  • Protect Car Accessories: Compensates for the theft of expensive items, such as speakers and music systems. 
  • Passenger Protection Cover: A mandatory add-on that pays up to ₹2 Lakh per person in the event of disability or death in an accident. 
  • Engine Protection Cover: Protects your car’s engine from leakage, water ingress, etc.  

Chevrolet Spark Car Insurance Price

When it comes to calculating the Chevrolet Spark car insurance price, the factors that matter the most are: 

  • IDV Value: A car with a higher IDV value attracts a higher premium compared to a car with a lower IDV value.   
  • Car’s Age: Older cars lead to more premiums since they are more prone to damage. 
  • Car’s Variant: Usually, a petrol-powered car like the Chevrolet Spark attracts lower premiums.
  • Registered Location: Based on the registered location of the car, the premium varies.  
  • Driver’s Age and Experience: Insurance premiums are higher for younger and less experienced drivers. 
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Benefits of buying ACKO car insurance for the Chevrolet Spark 

Here are some of the remarkable benefits of purchasing ACKO car insurance for the Chevrolet Spark:  

  • High Claim Settlement Ratio : ACKO boasts an impressive claim settlement ratio, earning a 5-star rating from customers who appreciate our efficient and hassle-free claim process.
  • Quick and hassle-free policy purchase: Whether it is a policy purchase or renewal, it barely takes a few minutes. 
  • User-friendly website: The ACKO website features easy-to-navigate elements, enabling customers to be self-sufficient during the purchasing process.  
  • Transparency Assured: From policy purchasing to monitoring claim status, ACKO maintains transparency at all times. 
  • Ensures Maximum Coverage: Besides third-party and own damage, a Comprehensive Chevrolet Spark car insurance policy from ACKO provides maximum coverage. 
  • Unique Add-ons: Add-ons such as outstation emergency, personal accident cover for passengers, and loss of personal belongings cover are unique and powerful. 

How to Buy ACKO Car Insurance for the Chevrolet Spark Car Insurance

Here is a step-by-step guide for you on how to purchase car insurance for your Chevrolet Spark:

Step 1: Download the ACKO application on your mobile or visit ACKO’s official page.

Step 2: Fill in your car number and click on “View Offer Price”

Step 3: Choose the brand name of your car and provide car details, such as variant, fuel type, etc

Step 4: Fill in personal information such as mobile number, pin code, specify if you have made a claim in the previous year, and click on “Continue”

Step 5: Choose either a comprehensive or third-party plan and move on to choose the add-ons

Step 6: After finalising everything, proceed to payment. 

Step 7: Once the payment is complete, the policy will be sent to your email ID. 

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Documents Required for Chevrolet Spark Car Insurance

While purchasing a Chevrolet Spark car insurance policy from ACKO, keep the following documents handy:

  • Car Registration Certificate (RC)
  • Voter ID or Passport
  • Driving License
  • Address Proof Document
  • PAN card
  • Car’s make and model 

Claim Procedure for Chevrolet Spark Car Insurance

Follow these steps to make a  Chevrolet Spark car insurance claim: 

Step 1: Click here to go to the ACKO’s Official website or download the app. 
Step 2: Log in to your account by providing your mobile number and receiving an OTP
Step 3: Go to the Chevrolet Spark policy section and click on “Claim Now”
Step 4: Click pictures of the damage with as much detail as possible, upload additional documents and “Submit”.
Step 5: Once verification is complete, team ACKO will settle your claim as per your policy. 

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Chevrolet Spark Overview

Chevrolet Spark is a 5-seater minihatchback, which was introduced in the mid-2000s in India. With an LPG engine power of 995cc, the car initially became quite popular as a powerful city car because of its compact style and efficiency. However, in late 2017, the company discontinued its production since the demand for sedans rose. Still, if you are interested, you can purchase this car from used car dealers in India. 

Chevrolet Spark Rivals 

  • Maruti Suzuki S-Presso
  • Renault Kwid
  • Maruti Suzuki Alto
  • Tata Tiago 
  • Maruti Suzuki Ignis
  • Nissan Spark 

Frequently Asked Questions

To equip your Chevrolet Spark with extended protection, there are multiple add-ons from ACKO to choose from. Such as roadside assistance to handle mid-road breakdowns, NCB protection to retain discounts instead of making claims, daily allowance cover to daily travel allowance, etc. 

Yes, you need to submit the previous owner’s documents while purchasing car insurance for a used Chevrolet Spark. These documents include their car insurance policy papers, NOC, and Form 29 and 30.  

Yes, renewing an existing car insurance policy from ACKO takes only a few minutes to complete. However, please ensure that the policy is renewed within its validity or before the grace period ends. The best thing about renewing with ACKO is that it does not charge commissions when it comes to renewing Chevrolet Spark car insurance.

Buying comprehensive insurance for your Chevrolet Spark not only ensures broader coverage but also provides a window to expand coverage with add-ons. 

To reduce out-of-pocket charges with car insurance, you can avoid claiming for smaller damages and install anti-theft devices in your Chevrolet Spark. 

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Written by Saumya Srivastava

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Reviewed by Lokesh Shetty Author info Icon

A professional writer who loves delivering content that resonates, educates, and keeps readers engaged, making the often complex world of insurance more approachable and enjoyable. Beyond the pen, she is a passionate foodie at heart who believes in savoring life’s flavors in all aspects, whether it's a new dish or a well-crafted sentence.

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