Insider Advice on Lower Sparks Nevada Auto Insurance

Scraping up a payment for overpriced auto insurance can empty your personal savings and make it hard to pay other bills. Shopping your coverage around is a smart way to make sure you’re not throwing money away.

Big companies like State Farm, GEICO and Farmers Insurance all claim big savings with catchy ads and it is difficult to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

Consumers need to price shop coverage at least once a year because rates are rarely the same from one policy term to another. Just because you had the best rates six months ago you may be paying too much now. Ignore everything you know about auto insurance because we’re going to demonstrate one of the easiest ways to lower your rates without sacrificing coverage.

If you have car insurance now, you should be able to lower your premiums substantially using this strategy. Buying car insurance in Sparks is not that difficult. But Nevada car owners must learn how the larger insurance companies market insurance on the web and take advantage of how the system works.

You probably qualify for some discounts

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to reduce the price significantly. Certain discounts will be applied at quote time, but some must be requested specifically prior to receiving the credit.

  • Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.
  • Senior Citizens – Older drivers may qualify for a discount up to 10%.
  • Accident Waiver – A handful of insurance companies permit an accident before raising your premiums so long as you haven’t had any claims for a set time period.
  • Payment Method – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Defensive Driving Course – Successfully completing a driver safety course can save you 5% or more if your company offers it.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.

Consumers should know that many deductions do not apply to your bottom line cost. Most cut specific coverage prices like medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. But all discounts will bring down the cost of coverage.

To see a list of companies offering auto insurance discounts in Nevada, click here to view.

Fast and Easy Sparks Auto Insurance Quotes

When shopping for auto insurance there are multiple ways of comparing rate quotes and find the best price. The recommended way to find competitive insurance rates is to get quotes online. This can be accomplished in several different ways.<img class="alignright" style="padding-top:15px" src="" alt="lower rates in Sparks” />

  1. Probably the best way to get quotes for comparison is an all-inclusive rate comparison (click to open form in new window). This type of form saves time by eliminating repetitive form entry for every auto insurance company. In just a few minutes this one form gets you coverage quotes from many national carriers.
  2. A harder way to get quotes online is spending the time to visit each company’s website and fill out their own quote form. For sake of this example, let’s say you want to compare GEICO, Farmers and Progressive. To find out each rate you need to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular. For a list of links to insurance companies in Sparks, click here.

It’s your choice how you get your quotes, but make absolute certain that you use the exact same coverage limits and deductibles for each price quote. If you enter higher or lower deductibles you will not be able to decipher which rate is best in Sparks. Slightly different coverages may result in large price differences. And when quoting auto insurance, remember that more quotes provides better odds of finding the best offered rates.

Good Decisions Result in Lower Rates

Smart consumers have a good feel for the rating factors that play a part in calculating your auto insurance rates. Knowing what determines base rates helps enable you to make changes that will entitle you to big savings.

Shown below are some of the items that factor into prices.

  • Do you need those extra coverages? – There are many extra bells and whistles that you can get tricked into buying on your auto insurance policy. Insurance for personal injury protection, accidental death and additional equipment coverage are some examples. These may sound like a good investment initially, but now you might not need them so eliminate the coverages to reduce your premium.
  • Allowing your policy to lapse raises rates – Allowing your coverage to lapse will be a fast way to pay more for auto insurance. Not only will you pay more, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Equipment add-ons that lower auto insurance rates – Choosing a vehicle with a theft deterrent system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft.
  • Rates may be lower depending on your job – Occupations like real estate brokers, business owners and accountants have higher rates than average because of job stress and lengthy work days. On the flip side, professions such as actors, athletes and retirees get better rates.

There’s no such thing as the perfect policy

When it comes to choosing proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions can aid in determining if your situation will benefit from professional help.

  • What can I do if my company won’t pay a claim?
  • When do I need to add a new car to my policy?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Are my tools covered if they get stolen from my vehicle?
  • How high should my medical payments coverage be?
  • Do I need rental car coverage?
  • Do I have any recourse if my insurance company denies a claim?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Advertising myths

Auto insurance companies such as State Farm and Allstate consistently run television and radio advertisements. They all seem to make the same claim about savings if you change to them. How do they all make almost identical claims? It’s all in the numbers.

All companies have a preferred profile for the right customer that earns them a profit. For instance, a preferred risk might be profiled as between the ages of 30 and 50, has no tickets, and has excellent credit. A customer getting a price quote who meets those qualifications receives the best rates and most likely will pay quite a bit less when switching companies.

Consumers who don’t measure up to these standards will be quoted a more expensive rate which leads to business going elsewhere. The ads state “customers who switch” not “everyone that quotes” save that kind of money. That is how insurance companies can confidently advertise the way they do.

Sparks NV insurance ad

This emphasizes why you absolutely need to get a wide range of price quotes. It’s just too difficult to predict the company that will have the lowest rates.

And the best car insurance company is…

We covered a lot of tips how to lower your auto insurance rates. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may even find the biggest savings come from a smaller regional carrier. These companies may cover specific market segments cheaper as compared to the big name companies such as Allstate and Progressive.

As you go through the steps to switch your coverage, it’s not a good idea to reduce coverage to reduce premium. In many instances, someone dropped uninsured motorist or liability limits and found out when filing a claim that it was a big mistake. The proper strategy is to purchase a proper amount of coverage at the best price while still protecting your assets.

Much more information about auto insurance in Nevada is located on the website for the Nevada Division of Insurance found here. Visitors are able to find out which companies have the most complaints, read state legal mandates and laws, file complaints about a company, and find a variety of consumer forms.