Easy Tips to Pay Less on Las Vegas Auto Insurance

Are you confused by the dozens of auto insurance choices in Las Vegas? Many other drivers are as well. Consumers have so many options that it can turn into a real challenge to compare prices.

It’s a great practice to do rate comparisons before your policy renews because insurance rates are usually higher with each renewal. Despite the fact that you may have had the lowest rates two years ago there may be better deals available now. Block out anything you think you know about auto insurance because we’re going to demonstrate one of the easiest ways to find great coverage at a great price.

Low Cost Las Vegas Auto Insurance

All the larger auto insurance companies provide insurance quotes on the web. Obtaining pricing is pretty painless as you simply enter the coverages you want into a form. When the form is submitted, their system requests reports for credit and driving violations and returns pricing information based on many factors.

This makes it a lot easier to compare rates but the process of having to visit several different sites and enter the same data into a form is repetitive and time-consuming. But it’s absolutely necessary to compare as many rates as possible in order to get the lowest auto insurance rates.

The quickest way to find better auto insurance pricing is to use a quote form that gets prices from a lot of companies. It’s a real time-saver, reduces the work, and makes online price comparison a lot less work. After sending the form, it is rated and you can choose any one of the price quotes you receive. If the quotes result in lower rates, you can click and sign and purchase coverage. The entire process can be completed in less than 10 minutes and you will find out if you’re overpaying now.

In order to find out what other companies charge, simply click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you complete the form with coverages and limits just like they are on your policy. This way, you will have an apples-to-apples comparison based on similar coverages.

Components of your insurance rates

Consumers need to have an understanding of the factors that go into determining the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay allows you to make educated decisions that can help you get lower auto insurance prices.

Listed below are some of the factors companies use to determine your rates.

  • Where you live – Being located in less populated areas has it’s advantages when talking about auto insurance. Drivers who live in large cities regularly have congested traffic and longer commutes to work. Fewer drivers means reduced accidents as well as less vandalism and auto theft.
  • High credit ratings translate to low rates – A driver’s credit rating is a large factor in determining what you pay for auto insurance. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower credit scores. Therefore, if your credit history can use some improvement, you could potentially save money when insuring your by improving your credit score.
  • Claim-free discounts can add up – Insurance companies in Nevada award lower rates to drivers who do not file claims often. If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Insurance coverage is designed for larger claims.
  • How your age affects price – Teen drivers in Nevada tend to be less responsible in a vehicle so auto insurance rates are higher. Mature drivers tend to be more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • Your spouse saves you money – Getting married can actually save you money on your auto insurance policy. Having a spouse usually means you are more mature and responsible and statistics show married drivers get in fewer accidents.
  • Don’t buy coverages you don’t need – There are a ton of additional coverages that you can get tricked into buying when buying auto insurance. Coverages like vanishing deductibles, accidental death and membership fees are some examples. They may seem like a good idea at first, but your needs may have changed so get rid of them and save.
  • High deductibles save money – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. A few examples of covered claims are a windshield shattered by a rock, vandalism, and windstorm damage. The deductibles are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The more money you have to pay, the bigger discount you will receive.
  • Performance makes a difference – The performance of the car you own makes a significant difference in how high your rates are. The lowest rates are generally reserved for lower performance four cylinder passenger vehicles, but other factors influence the final cost greatly.

Are you getting all your discounts?

Companies that sell car insurance do not list all their discounts very clearly, so here is a list some of the best known as well as the least known discounts you could be receiving. If you’re not getting every credit you deserve, you are paying more than you should be.

  • Driver Safety – Completing a driver safety course could save 5% or more depending on where you live.
  • Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • No Claims – Drivers with accident-free driving histories pay less when compared to frequent claim filers.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Auto/Home Discount – If you have multiple policies with the same company you could get a discount of approximately 10% to 15%.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.
  • Distant Student – Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less than their less cautious counterparts.

It’s important to note that some credits don’t apply the the whole policy. Most only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.Nevada insurance ad

To choose insurers with the best auto insurance discounts in Las Vegas, follow this link.

Online quotes with a local Las Vegas insurance agent

Some people prefer to buy from a licensed agent and that is just fine! Good agents are trained to spot inefficiencies and give you peace of mind. One of the great benefits of comparing rates online is you may find the lowest rates but still work with a licensed agent.

For easy comparison, once you complete this quick form, your coverage information is instantly submitted to local insurance agents in Las Vegas who will give you bids for your business. You won’t need to visit any agencies because quoted prices will be sent to your email. Now that’s easy!

Choosing an provider shouldn’t rely on just the premium amount. These are valid questions to ask:

  • What is the agency’s Better Business Bureau rating?
  • Which company do they place the most coverage with?
  • How are claims handled?
  • How often do they review policy coverages?
  • Is vehicle damage repaired with OEM or aftermarket parts?
  • Does the agent have professional designations like CIC, CPCU or AIC?
  • How are they compensated?
  • How much will you save each year by using a higher deductible?

Types of insurance agents in Las Vegas

If you’re trying to find a local agent, you need to know there are two different types of agents from which to choose. Insurance agencies in Las Vegas are classified as either independent (non-captive) or captive. Either one can insure your vehicles, but it’s worth mentioning how they are different because it can impact the type of agent you choose

Captive Insurance Agents

These agents can only place business with one company like Farmers Insurance or State Farm. Captives cannot give you multiple price quotes so always compare other rates. Captive agencies are well schooled on the products they sell which helps them sell insurance even at higher premiums. Some people will only buy from captive agents mainly due to loyalty to the company and the convenience of having all coverages with one company.

Shown below are captive agencies in Las Vegas who may provide you with rate quotes.

  • State Farm Insurance – 3650 E Flamingo Rd # 4 – Las Vegas, NV 89121 – (702) 456-6791
  • Allstate Insurance – 3140 S Durango Dr # 102 – Las Vegas, NV 89117 – (702) 253-7515
  • Farmers Insurance Group – 9520 Grenville Ave – Las Vegas, NV 89134 – (702) 646-5671
  • Liberty Mutual Insurance – 2340 E Tropicana Ave # 32 – Las Vegas, NV 89119 – (702) 736-8611
  • American Family Insurance – 3375 E Russell Rd # 1e – Las Vegas, NV 89120 – (702) 454-5080
Independent Agents

Independent insurance agents do not work for one specific company but instead can place your coverage with multiple insurance companies and possibly get better coverage at lower prices. If your agent finds better pricing, an independent agent can move your coverage and that require little work on your part.

When comparing rates, we recommend you contact at a minimum one independent agency for the best price selection. Many write coverage with smaller regional carriers which may provide better rates.

Shown below are Las Vegas independent agencies that can give you comparison quotes.

  • SCW Agency Group Nevada Inc – 3230 S Buffalo Dr # 103b – Las Vegas, NV 89117 – (702) 320-3001
  • Sandra Merritt Agency – 500 N Rainbow Blvd – Las Vegas, NV 89107 – (702) 221-2090
  • Roberson Insurance – 3221 Barbuda Rd – Las Vegas, NV 89117 – (702) 804-0424
  • Joe Infuso Agency – 708 N Rainbow Blvd – Las Vegas, NV 89107 – (702) 948-4854
  • Peter G Trimboli Insurance – 990 E Sahara Ave # A – Las Vegas, NV 89104 – (702) 731-1076

For a complete listing of licensed insurance agents in Las Vegas, view this link.

Las Vegas NV car insurance

After receiving reasonable responses to any questions you have and an acceptable price quote, most likely you have located an auto insurance agent that meets your needs to insure your vehicles.

A little work can save a LOT of money

We just showed you many tips how you can reduce auto insurance prices online. The most important thing to understand is the more quotes you get, the higher the chance of saving money. You may even find the lowest priced auto insurance comes from a smaller regional carrier.

When shopping online for auto insurance, it’s a bad idea to reduce coverage to reduce premium. There have been many situations where an insured cut collision coverage to discover at claim time they didn’t have enough coverage. Your focus should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

Lower-priced auto insurance is available on the web as well as from independent agents in Las Vegas, so you should compare both to have the best rate selection. Some auto insurance companies don’t offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

More information about auto insurance

More detailed Nevada auto insurance information is located at the Nevada Division of Insurance website. Nevada consumers can discover disciplinary actions, read state legal mandates and laws, and learn about specific coverages.