Are you burned out from scraping nickels together to insure your Volvo every month? You have the same problem as many other drivers in Nevada.
Sad but true, 70% of consumers have stayed with the same insurance company for at least the last four years, and practically 40% of car insurance customers have never compared rates to find cheap insurance. Nevada insurance shoppers could save as much as 35% every year by just shopping around, but they don't know the large savings they would see if they switched to a more affordable policy. You have so many auto insurance companies to purchase coverage from, and though it is a good thing to be able to choose, it can be more challenging to find the best rates for your vehicles.
It's a great practice to get comparison quotes occasionally due to the fact that insurance prices change frequently. Despite the fact that you may have had the best rates on Volvo S60 insurance in Henderson a year ago you can probably find a lower rate today. Forget all the misinformation about car insurance because you're about to learn the easiest way to properly buy coverages and cut your premium.
Slash your car insurance rates with discounts
Car insurance is not an enjoyable expense, but there could be significant discounts that you may not even be aware of. Some of these discounts will be visible when you get a quote, but some need to be specifically requested in order for you to get them.
- Passive Restraints and Air Bags - Vehicles equipped with air bags or automatic seat belts may earn rate discounts of 20% or more.
- Distant Student - College-age children who live away from home to go to college and leave their car at home can receive lower rates.
- Telematics Data - Henderson drivers who agree to allow companies to study driving manner by using a telematics device in their vehicle such as State Farm's In-Drive could save a few bucks if their driving habits are good.
- Theft Deterrent System - Vehicles that have factory alarm systems and tracking devices prevent vehicle theft so companies will give you a small discount.
- Low Miles Discount - Fewer annual miles on your Volvo could be rewarded with substantially lower premium rates.
Remember that most discounts do not apply to the entire cost. Most only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, you aren't that lucky.
Insurance companies who might offer some of the above discounts include:
Before purchasing a policy, check with every insurance company which discounts you qualify for. All car insurance discounts may not be available in every state. For a list of companies with significant discounts in Henderson, click this link.
The following companies are our best choices to provide price quotes in Henderson, NV. If multiple companies are shown, it's highly recommended you compare several of them to get a more complete price comparison.
Insurance Rate Influencing Factors
It's important that you understand the different types of things that help calculate your premiums. When consumers understand what controls the rates you pay, this enables you to make decisions that can help you get big savings.
The factors shown below are a few of the "ingredients" that factor into rates.
Premiums increase with driving tickets - Good drivers get better prices than their less careful counterparts. Only having one citation can boost insurance rates twenty percent or more. Drivers with severe violations like reckless driving, hit and run or driving under the influence may need to complete a SR-22 to the state department of motor vehicles in order to continue driving.
Where you live - Being located in a small town has it's advantages when trying to find low car insurance rates. Drivers in populated areas tend to have more aggressive driving styles and longer commute times. Fewer people translates into fewer accidents and lower theft and vandalism rates.
Raise physical damage deductibles and save - Protection for physical damage, aka comp and collision, protects your Volvo from damage. Some instances where coverage would apply could be a broken windshield, damage from fire, and burglary. Your deductibles tell how much you are required to pay if a claim is determined to be covered. The more you are required to pay out-of-pocket, the less your company will charge you for insurance.
Affects performance affects rates - The make and model of the car, truck or SUV you need to insure makes a significant difference in your auto insurance rates. The lowest base rates are for the lowest performance passenger vehicles, but the final cost of insurance is determined by many other factors. Since the Volvo S60 is considered a compact car, insurance will be the same to a little lower than the average rate where you live in Henderson.
Policy add-ons can waste money - There are quite a few extra coverages that you can get tricked into buying when buying car insurance. Coverages for replacement cost coverage, high-cost glass coverage, and extra equipment coverage may be costing you every month. These may sound like a good investment at first, but if they're wasting money think about removing them and cutting costs.
Prevent your car from being stolen - Choosing a vehicle with an alarm system can help lower your rates. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart your vehicle from being stolen.
Employer reflects on premiums - Careers like doctors, air traffic controllers, and dentists have the highest average rates attributed to high stress levels and lots of time spent at work. Other jobs such as farmers, engineers and the unemployed receive lower rates.
Loss statistics for a Volvo S60 - Insurance companies include the past claim history for a vehicle to help determine rates. Vehicles that historically have a higher amount or frequency of claims will have increased rates.
The information below illustrates the collected loss data for Volvo S60 vehicles. For each insurance policy coverage type, the statistical loss for all vehicles, regardless of make or model, equals 100. Values that are under 100 are indicative of better than average losses, while numbers above 100 point to more frequent losses or statistically larger losses.
Volvo S60 Insurance Loss Statistics
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Volvo S60 4dr 2WD||103||85||83||76||72||65|
|Volvo S60 4dr 4WD||111||73||90||65||66|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
You may need specialized insurance coverage
When selecting the best insurance coverage, there really isn't a "perfect" insurance plan. Your needs are not the same as everyone else's.
For instance, these questions may help you determine whether your personal situation may require specific advice.
- Do I need medical payments coverage since I have good health insurance?
- Is my trailer covered?
- Why does it cost so much to insure a teen driver in Henderson?
- Is my business laptop covered if it gets stolen from my vehicle?
- How much cheaper are high deductibles?
- Am I covered when using my vehicle for business?
If you're not sure about those questions, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.
Compare rate quotes but still have a local Henderson insurance agent
Some people prefer to sit down and talk to an agent and often times that is recommended Good insurance agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of comparing car insurance online is that you can obtain the best rates and still buy from a local agent.
After filling out this simple form, the quote information gets sent to insurance agents in Henderson that give free quotes for your business. It's much easier because you don't need to search for an agent due to the fact that quote results will go directly to your email. If you wish to compare rates for a specific company, don't hesitate to go to their quote page and submit a quote form there.
Choosing a company shouldn't rely on just a cheap price. You should also get answers to these questions.
- How much training do they have in personal risk management?
- Does the agency have a current Errors and Omissions policy?
- How long has their agency been in business in Henderson?
- Which companies do they recommend if they are an independent agency?
- Will the company cover a rental car if your car is getting fixed?
If you are wanting to purchase car insurance from a local Henderson insurance agency, you must know there are a couple types of agencies and how they are distinctly different. Henderson agents can either be exclusive or independent. Either one can sell and service car insurance coverage, but it's important to point out the difference between them since it may influence buying decisions.
Agents that elect to be exclusive are contracted to one company like Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot provide other company's prices so keep that in mind. Exclusive agents receive extensive training on sales techniques and that enables them to sell even at higher rates.
Shown below are Henderson exclusive agencies that can give you price quote information.
Agents that choose to be independent are not limited to a single company so they can quote policies with an assortment of companies and get you the best rates possible. If prices rise, they simply move your policy to a different company which requires no work on your part.
When shopping rates, you absolutely need to get several quotes from at least one independent agent in order to have the best price comparison.
The following is a list of independent agencies in Henderson that are able to give rate quotes.
Steve Leone and Sarah Loy (Leone and Loy Agency) representing American National Insurance Company
1368 Paseo Verde Pkwy #200a - Henderson, NV 89012 - (702) 368-4040 - View Map
After you get reasonable responses as well as a price you're happy with, it's possible that you found an auto insurance agent that is reliable enough to service your policy. Just be aware that once you purchase a policy you can cancel your policy for any reason so never assume that you're stuck with a specific agent for the entire policy term.
Why you need to buy auto insurance
Even though Henderson S60 insurance rates can get expensive, insuring your vehicle may not be optional for several reasons.
First, just about all states have mandatory insurance requirements which means state laws require specific minimum amounts of liability insurance in order to get the vehicle licensed. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your Volvo S60, it's most likely the lender will make it a condition of the loan that you have insurance to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the lender may insure your Volvo at an extremely high rate and force you to reimburse them a much higher amount than you were paying before.
Third, insurance protects your Volvo and your assets. It will also reimburse you for medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance more than cancel out the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver overpays more than $750 every year so it's recommended you shop around at every renewal to save money.
The best insurance company isn't always the cheapest
People who switch companies do it for a number of reasons such as poor customer service, an unsatisfactory settlement offer, lack of trust in their agent and even policy non-renewal. Regardless of your reason, switching auto insurance companies is less work than it seems.
You just learned some good ideas how you can lower your Volvo S60 insurance premium rates in Henderson. The key thing to remember is the more times you quote, the higher the chance of saving money. You may even discover the best premium rates are with an unexpected company.
When getting Henderson car insurance quotes online, make sure you don't sacrifice coverage to reduce premiums. There are a lot of situations where drivers have reduced comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal is to find the BEST coverage for the lowest cost, but do not sacrifice coverage to save money.
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