Insider Advice on Lower Wells Car Insurance

If online car insurance comparisons are new to you, it’s easy to be confused by the large number of car insurance companies vying for business in Wells.

Learn How to Lower your Rates

Consumers need to have an understanding of the rating factors that play a part in calculating car insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that could result in much lower annual insurance costs.

  • Rates may be higher depending on your occupation – Did you know your occupation can influence how much you pay for car insurance? Occupations such as real estate brokers, business owners and dentists tend to pay the highest average rates attributed to high stress and long work days. Other occupations like actors, historians and homemakers have the lowest average rates.
  • Bump up deductibles to save – Physical damage deductibles define the amount you are required to spend out-of-pocket before your car insurance pays a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims could be running into the backend of another car, vandalism, and burglary. The higher the amount you have to pay, the less your company will charge you for insurance.
  • High credit ratings translate to low rates – Having a bad credit history is a huge factor in determining your rates. So if your credit is not that good, you could potentially save money when insuring your by spending a little time repairing your credit. Consumers who have high credit ratings tend to be less risk to insure than those with lower credit scores.
  • You might want pay the small claims yourself – Companies in Nevada award cheaper rates to people who do not rely on their insurance for small claims. If you tend to file frequent claims, you can definitely plan on higher rates. Insurance coverage is intended to be relied upon for the large, substantial claims.

Don’t overlook these discounts

Companies offering auto insurance don’t always publicize every available discount in an easy-to-find place, so we took the time to find both well-publicized and also the lesser-known car insurance savings. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Drive Less and Save – Low mileage vehicles can earn a substantially lower rate.
  • Air Bag Discount – Factory air bags or motorized seat belts can receive discounts up to 30%.
  • Discount for Swiching Early – Select companies give a discount for switching policies before your current policy expires. The savings is around 10%.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% with a few car insurance companies.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% off the personal injury premium cost.
  • Defensive Driver – Taking a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
  • Theft Prevention System – Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.

Keep in mind that most discount credits are not given to the entire cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like you could get a free car insurance policy, companies don’t profit that way.

For a list of companies who offer car insurance discounts in Wells, click here.Wells car insurance quote

Is my situation unique?

When choosing proper insurance coverage, there really is not a one size fits all plan. Every situation is different.

For instance, these questions could help you determine if your situation might need an agent’s assistance.

  • When would I need additional glass coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Can I drive in Mexico and have coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • Can I afford low physical damage deductibles?
  • How high should my uninsured/underinsured coverage be in Nevada?
  • Should I buy more coverage than the required Nevada minimum liability coverage?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and may give you better protection.

More tips and info about car insurance can be read at the Nevada Division of Insurance website. Consumers can find a variety of consumer forms, learn about insurance regulations, and read enforcement actions against agents and companies.

Final considerations

Insureds who switch companies do it for many reasons like poor customer service, unfair underwriting practices, delays in responding to claim requests and policy cancellation. It doesn’t matter what your reason, switching car insurance companies is actually quite simple.

When you buy insurance online, don’t be tempted to reduce coverage to reduce premium. There are too many instances where someone dropped comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy the best coverage you can find at an affordable rate.

Discount car insurance can be sourced online in addition to many Wells insurance agents, and you should be comparing both to have the best selection. Some companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.