Compare Dodge Viper Insurance Quotes in Las Vegas

Insurance rates Dodge Viper in Las VegasIt takes a few minutes, but the best way to find affordable quotes for Dodge Viper insurance in Las Vegas is to compare quotes once a year from insurers that sell auto insurance in Nevada. Drivers can shop around by following these guidelines.

Step 1: Spend a few minutes and learn about what is in your policy and the things you can change to keep rates low. Many policy risk factors that cause high rates such as traffic violations, accidents, and a less-than-favorable credit history can be amended by making lifestyle changes or driving safer.

Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like Progressive or Allstate, while agents who are independent can quote prices from multiple sources.

Step 3: Compare the new rates to your existing coverage to see if a cheaper price is available. If you find a lower rate and buy the policy, ensure there is no coverage lapse between policies.

Step 4: Give notification to your agent or company to cancel your current auto insurance policy. Submit a down payment along with a signed application to the new company. Be sure to keep the new proof of insurance certificate above your visor, in the console, or in the glove compartment.

One thing to remember is that you use the same physical damage deductibles and liability limits on each price quote and and to get quotes from as many different insurance providers as possible. This ensures a level playing field and the best rate selection.

It’s a known fact that auto insurance companies want to keep you from comparing prices. Consumers who shop around annually will, in all likelihood, switch to a new company because they have a good chance of finding a lower rate. A recent insurance study discovered that people who routinely shopped for cheaper coverage saved on average $865 a year compared to those who never compared rates.

If finding the cheapest price on Dodge Viper insurance is your ultimate goal, then having some insight into the best way to compare auto insurance can make it easier for you to save money.

What Impacts Dodge Viper Insurance Premiums?

Lots of factors are part of the equation when quoting car insurance. Some of the criteria are obvious like an MVR report, although some other factors are not as apparent like your continuous coverage or your commute time. It’s important that you understand some of the factors that aid in calculating the level of your policy premiums. When consumers understand what controls the rates you pay, this empowers consumers to make smart changes that may result in lower rates.

Premium rates and analysis

The price information shown next highlights detailed analysis of coverage prices for Dodge Viper models. Learning how rates are formulated is important for making smart choices when choosing a car insurance company.

Dodge Viper Insurance Rates in Las Vegas, NV
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Viper SRT/10 2-Dr Coupe $460 $1238 $372 $22 $112 $2,204 $184
Viper SRT/10 2-Dr Roadster $460 $1238 $372 $22 $112 $2,204 $184
Get Your Own Custom Quote Go

Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Premium amounts do not factor in vehicle location which can decrease or increase coverage rates greatly.

Physical damage deductibles: Should you raise them?

One of the more difficult decisions when buying car insurance is which deductible level should you buy. The figures shown below highlight the premium difference between high and low coverage deductibles. The first data set uses a $250 deductible for comp and collision and the second set of rates uses a $1,000 deductible.

Dodge Viper insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Viper SRT/10 2-Dr Coupe $422 $902 $308 $18 $92 $1,767 $147
Viper SRT/10 2-Dr Roadster $422 $902 $308 $18 $92 $1,767 $147
Get Your Own Custom Quote Go

Dodge Viper insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Viper SRT/10 2-Dr Coupe $260 $568 $308 $18 $92 $1,246 $104
Viper SRT/10 2-Dr Roadster $260 $568 $308 $18 $92 $1,246 $104
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Estimates do not factor in Las Vegas location which can decrease or increase coverage prices substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $43 more each month or $516 a year than choosing the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at a minimum 17 months between claim filings, you would more than likely save some money if you choose a higher deductible.

The example below illustrates how your deductible choice and can influence Dodge Viper insurance costs for different ages of insureds. The data is based on a married male driver, full coverage, and no discounts are applied.

Responsible drivers pay cheaper Las Vegas car insurance rates

The diagram below illustrates how violations and at-fault claims can impact Dodge Viper annual premium costs for different categories of driver ages. Data assumes a single female driver, full coverage, $250 deductibles, and no policy discounts are applied.

Full coverage or liability only

The illustration below illustrates the comparison of Dodge Viper yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Nevada. The data assumes no accidents, no driving violations, $500 deductibles, single marital status, and no discounts are applied to the premium.

When to switch to liability coverage only

There is no definitive formula for excluding physical damage coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Dodge Viper settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $4,000 after the policy deductible has been paid. If it’s costing you more than $400 a year to have full coverage, then it might be time to buy liability only.

There are a few situations where only buying liability is not a good idea. If you haven’t satisfied your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.

Las Vegas insurance discounts for a Dodge Viper

Auto insurance is not cheap nor is it fun to buy but you may qualify for discounts that can drop the cost substantially. Certain discounts will be triggered automatically when you purchase, but less common discounts must be inquired about before you will receive the discount.Save money with discounts

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Some only apply to the cost of specific coverages such as medical payments or collision. So even though it sounds like you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will cut the cost of your policy.

The diagram below illustrates the comparison of Dodge Viper auto insurance rates with and without policy discounts. The premiums assume a male driver, no accidents, no driving violations, Nevada state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, marriage, homeowner, and safe-driver discounts applied.

A list of auto insurance companies and a selection of discounts are included below.

Before purchasing a policy, check with all companies you are considering which credits you are entitled to. Some discounts listed above might not be offered in every state. If you would like to see a list of companies who offer free Dodge Viper insurance quotes in Las Vegas, follow this link.

More effort can pay off

When buying insurance coverage, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many cases, an accident victim reduced liability coverage limits and found out when filing a claim they didn’t have enough coverage. Your goal is to find the BEST coverage for the lowest cost, but don’t skip important coverages to save money.

We just showed you some good ideas how you can lower your Dodge Viper insurance premium rates in Las Vegas. The key thing to remember is the more rate quotes you have, the better likelihood of getting inexpensive Las Vegas auto insurance quotes. Consumers may even find the biggest savings come from a small local company. These smaller insurers may only write in your state and offer lower prices than the large multi-state companies such as State Farm or Progressive.

Budget-friendly insurance in Las Vegas can be bought on the web in addition to many Las Vegas insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers do not provide the ability to get quotes online and these regional carriers provide coverage only through local independent agents.

Additional articles