Would you like an easy way to compare low-cost Honda Fit insurance in Las Vegas? Locating cheaper insurance for your Honda Fit in Nevada can normally be a painful process, but you can follow a few tricks to save time.
There is a right way and a wrong way to buy insurance so you're going to learn the proper way to quote coverages for a new or used Honda and find the lowest price.
Smart consumers take time to compare prices as often as possible because prices are usually higher with each renewal. Just because you found the best price on Honda Fit insurance in Las Vegas six months ago other companies may now be cheaper. Forget all the misinformation about insurance because we're going to show you the things you must know in order to properly buy coverages and cut your premium.
Shopping for more affordable insurance policy in Las Vegas is simple if you know the tricks. If you're already insured or need new coverage, use these tips to buy cheaper insurance while maximizing coverage. Consumers just have to learn how to get comparison rates from many different companies online.
Best companies for competitive Honda Fit insurance in Nevada
The car insurance companies shown below have been selected to offer free quotes in Las Vegas, NV. If multiple companies are shown, we recommend you visit as many as you can in order to find the lowest rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fit Sport VSA||$258||$554||$208||$12||$62||$1,094||$91|
|Get Your Own Custom Quote Go|
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Prices do not factor in your specific Las Vegas location which can revise premiums considerably.
Difference between liability only and full coverage rates
The chart below visualizes the comparison of Honda Fit insurance rates with full coverage and liability only. The prices are based on no claims or driving violations, $500 deductibles, married female driver, and no additional discounts are factored in.
When to stop buying full coverage
There isn't a written rule for eliminating full coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of the vehicle's replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let's assume your Honda Fit settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $6,000 after you pay the deductible. If it's costing you more than $600 a year to have full coverage, then it could be time to drop full coverage.
There are some conditions where only buying liability is not recommended. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should maintain full coverage.
Cut your auto insurance rates with discounts
Auto insurance is neither fun to buy or cheap, but there are discounts available that can dramatically reduce your bill. Some discounts apply automatically when you complete an application, but some may not be applied and must be requested specifically in order for you to get them.
- Good Student Discount - Excelling in school can save 20 to 25%. Many companies even apply the discount to college students until age 25.
- Low Mileage Discounts - Keeping the miles down on your Honda can qualify you for substantially lower auto insurance rates.
- Passenger Safety Discount - Factory options such as air bags or automatic seat belts may earn rate discounts of 20 to 30 percent.
- Driver Education Discount - Teen drivers should successfully take a driver's education course if offered at their school.
- Seat Belts Save more than Lives - Forcing all vehicle occupants to fasten their seat belts could save 15% on the premium charged for medical payments and/or PIP.
- Defensive Driving Course - Passing a defensive driver course is a good idea and can lower rates if your company offers it.
Don't be shocked that most credits do not apply to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like having all the discounts means you get insurance for free, it just doesn't work that way.
Some companies that may have many of the previously listed discounts may include but are not limited to:
If you want low cost Las Vegas car insurance quotes, ask all companies you are considering which credits you are entitled to. Some of the discounts discussed earlier might not be available to policyholders everywhere.
Lower Your Las Vegas Insurance Prices
When buying insurance it's important to understand some of the elements that go into determining your premiums. When you understand what impacts premium levels, this allows you to make good choices that could result in big savings. Lots of factors are considered when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, although others are more obscure such as whether you are married or how financially stable you are.
Listed below are most of the major factors used by companies to determine your prices.
Reserve insurance claims for larger damages - Car insurance companies in Nevada award cheaper rates to people who only file infrequent claims. If you're an insured who likes to file claims you can definitely plan on either policy cancellation or increased premiums. Your car insurance is designed for larger claims.
Multiple policies with one company - Most major companies afford discounts for people that buy multiple policies. It's known as a multi-policy discount. Even though this discount sounds good, consumers should still compare other Las Vegas Fit insurance rates to help ensure you have the lowest rates.
Traffic violations inflate costs - Careful drivers pay lower auto insurance prices than their less careful counterparts. Getting just one speeding ticket can increase the cost of insurance substantially. People who have multiple violations such as reckless driving, hit and run or driving under the influence may be required to prove financial responsibility with their state in order to continue driving.
Experienced drivers pay less - Teenage drivers in Nevada are statistically shown to be careless and easily distracted with other occupants in the car and because of this, their insurance rates are much higher. Parents adding a teen driver onto a policy can increase premiums substantially. Older insureds are more cautious drivers, file fewer claims, and usually have better credit.
Rates impacted by your city - Choosing to live in a small town may provide you with better prices when insuring your vehicles. Residents of big cities regularly have traffic congestion and longer commutes to work. Fewer drivers translates into fewer accident claims.
Do you work long hours in a demanding job? - Did you know your insurance rates can be affected by your occupation? Jobs such as real estate brokers, social workers and medical professionals usually pay higher premiums than the average policyholder in part from intense work situations and lengthy work days. On the other hand, occupations like professors, students and homemakers have the lowest average rates.
Improve your credit score - Having a bad credit rating is a large factor in determining your rates. If your credit history is not that good, you could pay less to insure your Honda Fit by repairing your credit. People that have high credit ratings tend to be better drivers and file fewer claims than those with poor credit scores.
Extra coverages can add up - There are a ton of add-on coverages that can waste your money on your Fit policy. Coverage for things like roadside assistance, high-cost glass coverage, and term life insurance could be just wasting money. These may sound like a good investment initially, but your money might be better spent on other coverage so remove them from your policy.
Loss statistics for a Honda Fit - Auto insurance companies take into consideration historical loss data for every vehicle when they file their rates in each state. Models that historically have high amounts or severity of claims will be charged more to insure.
The table below illustrates the insurance loss data used by companies for Honda Fit vehicles. For each coverage category, the claim amount for all vehicles, as an average, is set at 100. Numbers under 100 mean the vehicle has better than average losses, while numbers above 100 indicate more frequent losses or an increased probability of a larger loss.
Honda Fit Insurance Claim Statistics
|Specific Honda Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Tailor your car insurance coverage to you
When quoting and choosing the best car insurance coverage for your vehicles, there isn't really a single plan that fits everyone. Everyone's situation is a little different and your car insurance should be unique as well. Here are some questions about coverages that might help in determining whether you could use an agent's help.
- Do I have coverage if I rent a car in Mexico?
- What can I do if my company won't pay a claim?
- How high should deductibles be on a Honda Fit?
- Is my custom stereo system covered?
- Is my teen driver covered when they drive my company car?
- Does every company file a SR-22 automatically?
- Is water damage covered by my policy?
- Do I have any recourse if my insurance company denies a claim?
If you can't answer these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It's fast, doesn't cost anything and you can get the answers you need.
Compare prices but buy from a local Las Vegas insurance agent
Many drivers just prefer to have an agent's advice and that can be a great decision Good agents can make sure you are properly covered and will help you if you have claims. One of the best bonuses of comparing rate quotes online is you may find cheap rate quotes but also keep your business local. Putting coverage with local insurance agencies is important especially in Las Vegas.
To find an agent, once you fill out this short form, the coverage information is emailed to companies in Las Vegas who want to provide quotes and help you find cheaper coverage. You won't need to drive around since price quotes are sent to you. If for some reason you want to get a rate quote from a particular provider, you would need to visit that company's website and give them your coverage information.
Best auto insurance agent in Las Vegas
If you need to find a reliable insurance agent, you should know the different types of agents that differ in how they can insure your vehicles. Insurance policy providers can be categorized as either independent agents or exclusive agents. Either one can sell affordable insurance policies, but it's important to point out the subtle differences because it can factor into your selection of an agent.
Independent Insurance Agents
Agents that choose to be independent often have affiliation with several companies and that allows them to write policies with lots of companies and get you the best rates possible. If your agent finds better pricing, your agent can just switch to a different company and the insured can keep the same agent.
When comparing insurance prices, it's recommended you check rates from independent agents in order to compare the most rates. Many can place coverage with smaller regional carriers that may provide cheaper insurance rates.
Shown below is a list of independent agencies in Las Vegas that can give you cheap rate quotes.
- Universal Insurance Agency
348 N Nellis Blvd - Las Vegas, NV 89110 - (702) 838-5141 - View Map
- Stevens Insurance
7785 N Durango Dr - Las Vegas, NV 89131 - (702) 648-9689 - View Map
- Alliance Insurance Agency
1955 E Tropicana Ave h - Las Vegas, NV 89119 - (702) 518-6727 - View Map
Exclusive Insurance Agents
Exclusive insurance agents have only one company to place business with like Allstate, Farmers Insurance or State Farm. They usually cannot shop your coverage around so they have to upsell other benefits. Exclusive agents receive extensive training on what they offer which aids in selling service over price. Consumers often use the same agent partially due to the brand legacy rather than having the cheapest rates.
Shown below is a short list of exclusive agencies in Las Vegas who can help you get rate quotes.
- Allstate Insurance: Misty Chadwick
2620 Regatta Dr Ste 122 - Las Vegas, NV 89128 - (702) 451-4409 - View Map
- Juan Diaz - State Farm Insurance Agent
1718 S Eastern Ave - Las Vegas, NV 89104 - (702) 489-4242 - View Map
- State Farm Insurance: Nancy Kim
2213 Paradise Rd - Las Vegas, NV 89104 - (702) 685-4888 - View Map
Choosing the best car insurance agent should include more criteria than just a cheap price. The answers to these questions are important, too.
- What insurance companies do they recommend if they are an independent agent?
- Where would glass claims be handled in Las Vegas?
- Does the agency provide any after hours assistance?
- Do they feel the quoted coverages are adequate?
- What company holds the largest book of business for them?
- Will the company cover a rental car if your car is getting fixed?
After getting positive responses for all questions you ask as well as a affordable price, you've probably found an auto insurance agent that can be trusted to adequately provide insurance. Just be aware that once you purchase a policy you can cancel your coverage whenever you want so don't feel you are locked into any specific agency with no way to switch.
Car insurance myths debunked
Consumers in Nevada can't escape the ads that claim the lowest premium rates from companies such as State Farm, Allstate and GEICO. All the ads make an identical promise about savings if you move your policy.
How can each company say the same thing? It's all in the numbers.
All the different companies quote the lowest rates for the type of driver that will add to their bottom line. One example of a profitable customer may be over the age of 50, is a homeowner, and drives a safe vehicle. Any new insured who matches those parameters receives the best prices in Las Vegas and is almost guaranteed to save a lot on Las Vegas Honda Fit insurance if they switch.
Potential customers who may not quite match the requirements may receive more expensive rates which results in the customer not purchasing. The wording the ads use say "drivers that switch" but not "all drivers who get quotes" will save that much if they switch. That's why companies can advertise the savings.
Because of these techniques, you really need to do a price quote comparison at every renewal. Because you cannot predict which company will fit you best based on your risk profile.
Find cheap rates by being thorough
As you prepare to switch companies, don't be tempted to skimp on coverage in order to save money. There are too many instances where drivers have reduced collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible at a price you can afford, not the least amount of coverage.
Some companies may not offer the ability to get quotes online and usually these smaller companies prefer to sell through independent agents. Discount Honda Fit insurance is definitely available from both online companies and from local insurance agents, so you need to compare both in order to have the best price selection to choose from.
Additional auto insurance information is located on the following sites:
- Safety Belts FAQ (iihs.org)
- What Insurance is Cheapest for Lyft Drivers in Nevada? (FAQ)
- What Insurance is Cheapest for Felons in Nevada? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Toyota Camry in Nevada? (FAQ)
- How Much are Car Insurance Quotes for Used Cars in Nevada? (FAQ)
- What Auto Insurance is Cheapest for Good Drivers in Nevada? (FAQ)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Think You're a Safe Driver? (State Farm)
- Event Data Recorders FAQ (iihs.org)