Best Rate Quotes for Honda Insight Insurance in Las Vegas

It’s a known fact that car insurance companies don’t want you to look at other companies. Insureds who get price comparisons are very likely to buy a different policy because the odds are good of getting low-cost coverage. A recent survey revealed that drivers who routinely compared quotes saved about $865 a year compared to other drivers who never compared other company’s rates.

If finding the cheapest rates on Honda Insight insurance in Las Vegas is your objective, then understanding how to shop for car insurance can make it easier to find better rates.

The best way to get more affordable auto insurance rates is to compare prices regularly from insurance carriers in Las Vegas.

1. Read about how car insurance works and the factors you can control to lower rates. Many risk factors that are responsible for high rates such as speeding tickets, careless driving and an unfavorable credit rating can be remedied by making minor changes to your lifestyle.
2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can give quotes from one company like Progressive or Farmers Insurance, while independent agents can provide prices from multiple insurance companies.
3. Compare the new rate quotes to your existing rates to see if you can save by switching companies. If you can save money and buy the policy, ensure coverage does not lapse between policies.
4. Notify your current company to cancel your existing policy and submit a down payment and signed policy application to the new insurer. As soon as you can, place the new certificate verifying coverage along with your vehicle registration.

One tip to remember is to make sure you enter identical deductibles and limits on every price quote and and to compare as many auto insurance providers as possible. Doing this enables an apples-to-apples comparison and and a good selection of different prices.

There are several ways to obtain and compare prices from local Las Vegas insurance companies. The simplest method to lower the rate you pay for Honda Insight insurance involves getting comparison quotes online.

Doing online rate quotes comparisons is so easy that it replaces the need to make phone calls or go to insurance agencies in your area. Shopping for insurance online makes this unnecessary unless you have a need for the professional assistance of an agent trained in personal lines coverage. It is possible with some companies price shop online and have a local agent actually service the policy. It’s important to know that quoting more helps locate more affordable insurance.

The providers in the list below are ready to provide comparison quotes in Las Vegas, NV. If multiple companies are listed, it’s a good idea that you visit several of them in order to find the lowest rates.

Insuring your Honda vehicle just makes sense

Despite the high cost of buying insurance for a Honda Insight in Las Vegas, buying insurance is most likely required but also gives you several important benefits.

• Most states have minimum mandated liability insurance limits which means the state requires specific limits of liability insurance if you don’t want to risk a ticket. 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.
• If your vehicle has a loan, almost every bank will have a requirement that you have full coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank may insure your Honda at a much higher premium rate and require you to pay for it.
• Insurance preserves not only your Honda Insight but also your financial assets. It will also pay for many types of medical costs for not only you but also any passengers injured in an accident. Liability coverage will also pay for a defense attorney in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.

The benefits of insuring your car are without a doubt worth the cost, particularly for liability claims. But the average American driver overpays more than $750 every year so you should quote your policy with other companies once a year at a minimum to save money.

Coverage statistics and figures

The information shown below covers a range of insurance rates for Honda Insight models. Learning as much as possible about how insurance premiums are established is important to be able to make decisions on which coverage to buy.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can change price quotes greatly.

Deductible comparison

One common question asked by Las Vegas drivers is which comprehensive and collision deductibles to buy. The tables below can help show the rate fluctuation when you choose different coverage deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price information does not factor in the specific area where the vehicle is garaged which can change premiums significantly.

Based on these figures, using a $250 deductible costs roughly $22 more each month or $264 a year than selecting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at a minimum 34 months between claims, you would more than likely save some money by selecting a higher deductible. Here is the way this calculation is made.

One thing to be aware of is that increasing deductibles to lower your rates means you will have to pay more when you have a physical damage claim. You will want to have access to more funds in the event you have to pay the higher deductible.

Get cheaper Honda Insight insurance rates in Las Vegas

Companies don’t list the complete list of policy discounts very well, so below is a list both well-publicized in addition to some of the lesser obvious discounts that may be available. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

• Telematics Data Discounts – Las Vegas drivers who agree to allow their company to look at where and when they drive by using a telematics device like Allstate’s Drivewise could see a rate decrease as long as they are good drivers.
• Anti-lock Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control can avoid accidents and will save you 10% or more on Insight insurance in Las Vegas.
• Resident Student – Kids who are enrolled in higher education away from home and don’t have a car may be insured at a cheaper rate.
• Save with a New Car – Buying a new car instead of a used Insight can save you some money because new model year vehicles are generally safer.
• Home Ownership Discount – Just owning your own home can save a few bucks because owning a home requires a higher level of personal finance.
• Drive Safe and Save – Drivers who avoid accidents can save as much as half off their rates than drivers with accident claims.
• Anti-theft System – Cars equipped with anti-theft or alarm systems are stolen less frequently and that can save you a little bit as well.
• Low Mileage Discounts – Low mileage vehicles may enable drivers to earn lower premium rates on the low mileage vehicles.
• Payment Method – If you can afford to pay the entire bill rather than paying in monthly installments you could save up to 5%.
• Switch and Save Discount – A few companies allow discounts for renewing your policy early. This discount can save up to 10%.

As a footnote on discounts, most of the big mark downs will not be given to the whole policy. Most only reduce specific coverage prices like medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, nobody gets a free ride.

The chart below visualizes the comparison of Honda Insight car insurance rates with and without policy discounts. Data assumes a male driver, no claims, a clean driving record, Nevada state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, marriage, claim-free, and multi-policy discounts applied.

Popular car insurance companies and a summarized list of policyholder discounts are detailed below.

• American Family may offer discounts for good driver, TimeAway discount, bundled insurance, good student, mySafetyValet, and accident-free.
• Nationwide has discounts for accident-free, good student, business or organization, anti-theft, defensive driving, and family plan.
• MetLife may include discounts for defensive driver, good student, accident-free, good driver, and claim-free.
• 21st Century policyholders can earn discounts including theft prevention, teen driver, automatic seat belts, driver training, 55 and older, anti-lock brakes, and defensive driver.
• Farmers Insurance may have discounts that include mature driver, bundle discounts, multi-car, youthful driver, pay in full, and alternative fuel.
• Allstate offers premium reductions for good student, teenSMART discount, safe driver, resident student, anti-theft, defensive driver, and anti-lock brakes.

It’s a good idea to ask every prospective company what discounts are available to you. Some credits might not be available to policyholders in every state. To find providers who offer discounts in Nevada, click here to view.

Comparing quotes from local Las Vegas insurance agents

A small number of people would rather get professional advice from a licensed agent and that is a personal choice. A nice benefit of comparing rate quotes online is you can get better rates and also buy local.

Upon completion of this simple form, the quote information is sent to agents in your area who can give free rate quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to search for any insurance agencies because prices are sent directly to you. You can find the lowest rates without the usual hassles of price shopping. If you wish to get a comparison quote from a specific insurance company, feel free to find their quoting web page and complete a quote there.

Choosing the best company should include more criteria than just the quoted price. Any agent in Las Vegas should be willing to answer these questions.

• By raising physical damage deductibles, how much would you save?
• Are claim adjusters local or do you have to take your car somewhere else?
• Has the agent ever had any license suspensions?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Which family members are covered?

Upon getting reasonable responses to your questions and an acceptable price quote, most likely you have located an insurance company that is reputable and can adequately provide insurance. Keep in mind you can cancel your policy whenever you choose to so never assume that you are permanently stuck with a policy for the entire policy term.

Las Vegas auto insurance company ratings

Finding the best car insurance provider can be rather challenging considering how many companies are available to choose from in Las Vegas. The ranking information shown next could help you decide which coverage providers to look at when shopping around.

Top 10 Las Vegas Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. Travelers – A++
3. GEICO – A++
4. State Farm – A++
5. The Hartford – A+
6. Esurance – A+
7. Nationwide – A+
8. Allstate – A+
9. Mercury Insurance – A+
10. Titan Insurance – A+

Top 10 Las Vegas Car Insurance Companies Ranked by Claims Service

1. State Farm
2. Esurance
3. AAA Insurance
4. Progressive
5. Liberty Mutual
6. GEICO
7. Allstate
8. Titan Insurance
9. The Hartford
10. Mercury Insurance

Compare rates regularly to save

Throughout this article, we presented a lot of techniques to get a better price on Honda Insight insurance in Las Vegas. The key thing to remember is the more providers you compare, the higher your chance of finding affordable Honda Insight insurance quotes. Drivers may even discover the best price on car insurance is with a small local company. Smaller companies may often insure only within specific states and give better rates compared to the large companies like GEICO and State Farm.

Some car insurance companies don’t offer price quotes online and these smaller companies sell through local independent agencies. Cheaper car insurance in Las Vegas can be sourced online in addition to local insurance agencies, and you should compare rates from both to have the best selection.

Additional car insurance information can be read at the links below

• Bodily Injury Coverage (Liberty Mutual)
• Who Has Affordable Car Insurance Quotes for Young Drivers in Las Vegas? (FAQ)
• What Auto Insurance is Cheapest for First-time Drivers in Las Vegas? (FAQ)
• Top Signs Your Brakes are Giving Out (State Farm)
• Crash Avoidance Technologies FAQ (iihs.org)
• Understanding Rental Car Insurance (Insurance Information Institute)
• Neck Injury FAQ (iihs.org)