Pay Less for Ely Auto Insurance Rates in Five Minutes

Finding affordable Ely auto insurance can seem to be nearly impossible for consumers new to comparing rates online. Consumers have so many options available that it can easily become a lot of work to find the best price in Ely.

It is always a good idea to compare rates every six months because insurance rates go up and down regularly. Even if you think you had the best price on your last policy you can probably find a lower rate today. There is a lot of bad information regarding auto insurance online but with this article, you’re going to get a lot of great tips on how to save money.

If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these tips. Shopping for the cheapest auto insurance in Ely can be fairly easy. But Nevada drivers must know the way companies price insurance differently and take advantage of how the system works.

How to Compare Ely Auto Insurance Rates

The are a couple different ways to compare rate quotes from local in Ely, Nevadaauto insurance companies. The best method to find the cheapest insurance rates is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.

The fastest way to get the best comparison quotes is a comparison rater form like this one (opens in new window). This form saves time by eliminating separate quotation requests for each company. One simple form will get you rate comparisons instantly. Just one form and you’re done.

Another way to shop for auto insurance online requires visiting each company website to complete their respective quote request forms. For example, let’s say you want to compare Farmers, Allstate and GMAC. To get each rate you have to go to every website and enter your information, which is why the first method is quicker.

For a list of links to insurance companies in Ely, click here.

It doesn’t matter which method you choose, just make sure you use the exact same coverage information for each comparison quote. If you compare differing limits then you won’t be able to determine the lowest rate in Ely. Just a small difference in limits can result in a big premium difference. It’s important to know that having more price comparisons will enable you to find better pricing.

Companies offer discounts so take them!

Companies offering auto insurance don’t necessarily list all available discounts very well, so the following is a list of some of the best known as well as the least known auto insurance savings.Ely Nevada insurance prices

  • Auto/Home Discount – When you combine your home and auto insurance with the same insurance company you may save up to 20% off your total premium.
  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiring. It can save you around 10%.
  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
  • Passive Restraints and Air Bags – Factory air bags can get savings of more than 20%.
  • Accident Forgiveness – Some insurance companies will forgive one accident without raising rates if you are claim-free for a particular time prior to the accident.

Keep in mind that most discount credits are not given to the overall cost of the policy. Most only cut specific coverage prices like comp or med pay. Even though it may seem like you would end up receiving a 100% discount, it doesn’t quite work that way.

For a list of insurers who offer auto insurance discounts in Ely, click here to view.

Ely Rates are Influenced by These Factors

It’s important that you understand some of the elements that play a part in calculating the rates you pay for auto insurance. Having a good understanding of what influences your rates enables informed choices that could result in big savings.

  • Do you know your deductibles? – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Some instances where coverage would apply would be collision with another vehicle, collision with an animal, and windstorm damage. Your deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The more you are required to pay out-of-pocket, the bigger discount you will receive.
  • Liability coverage is peace of mind – Liability insurance will protect you in the event that a court rules you are at fault for damages caused by your negligence. Liability provides legal defense coverage which can cost thousands of dollars. Liability is cheap compared to physical damage coverage, so do not skimp.
  • Your job and insurance rates – Did you know your job can affect your rates? Careers like lawyers, architects and accountants tend to pay higher rates than average attributed to job stress and long work days. On the flip side, jobs such as farmers, athletes and performers have the lowest average rates.
  • Multiple policies with one company can save – Most insurers provide better rates to customers who consolidate policies with them such as combining an auto and homeowners policy. Discounts can be five, ten or even twenty percent. Even if you’re getting this discount it’s still a good idea to shop around to confirm you are receiving the best rates possible. You may still be able to find better rates by insuring with multiple companies.

More detailed Nevada auto insurance information can be found at the Nevada Division of Insurance website. Nevada drivers can file complaints about an insurance agent or broker, download brochures, read industry bulletins, and find out industry alerts.

The articles below may also help you learn more about auto insurance in Ely

The auto insurance bait and switch

Auto insurance companies such as Allstate and Progressive consistently run television and radio advertisements. They all seem to make the same claim that you can save if you change to their company. How does each company say the same thing? It’s all in the numbers.

Different companies are able to cherry pick for the right customer that is profitable for them. For example, a preferred risk might be profiled as over the age of 50, is a homeowner, and drives newer vehicles. Any new insured that hits that “sweet spot” receives the best rates and most likely will save when they switch companies.

Ely Nevada insurance prices

Potential customers who don’t qualify for the requirements must pay higher prices which usually ends up with the customer not buying. The ads state “customers who switch” not “everyone that quotes” save that much. This is how insurance companies can advertise the way they do. This illustrates why it’s extremely important to get as many quotes as possible. You cannot predict which insurance companies will have the lowest rates.

In the end, you save

As you restructure your insurance plan, don’t be tempted to reduce needed coverages to save money. In too many instances, someone sacrificed liability coverage limits and learned later that they should have had better coverage. The proper strategy is to get the best coverage possible at a price you can afford while still protecting your assets.

You just learned many tips how you can shop for auto insurance online. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. Consumers could even find that the lowest premiums are with a smaller regional carrier.

Discount auto insurance is attainable from both online companies in addition to many Ely insurance agents, so compare prices from both in order to have the best price selection to choose from. There are still a few companies who do not provide online quoting and usually these small insurance companies provide coverage only through local independent agents.