10 Simple Ways to Cut Honda Fit Insurance Rates in Las Vegas
Las Vegas consumers have many options when looking for the best price on Honda Fit insurance. You can either waste hours calling around getting price quotes or utilize the internet to find the lowest rates. There is a right way and a wrong way to buy car insurance so you’re going to learn the proper way to quote coverages for your Honda and obtain the cheapest rates.
It’s a good idea to price shop coverage at least once a year since rates change frequently. Even if you got the lowest price for Fit coverage a few years ago you can probably find a lower rate today. There is too much inaccurate information about car insurance on the internet, so I’m going to show you some good information on how to buy car insurance cheaper.
Which Car Insurance is Cheapest in Las Vegas, Nevada?
All the larger car insurance companies like Progressive, GEICO, Allstate and State Farm provide coverage prices on their websites. The process is pretty easy as you just type in your coverage information into a form. After you submit the form their system obtains reports for credit and driving violations and gives you a price quote based on these and other factors.
Online price quotes simplifies rate comparisons, but the work required to visit several different sites and type in the same information is repetitive and time-consuming. But it’s absolutely necessary to do this in order to find the lowest price.
An easier way to compare rates makes use of a single form that gets price quotes from a bunch of companies at once. It’s a real time-saver, reduces the work, and makes quoting online much easier. As soon as you send your information, it gets priced and you can choose any of the resulting price quotes. If a lower price is quoted, you can simply submit the application and buy the new coverage. This process just takes a couple of minutes and you will find out if you’re overpaying now.
If you want to compare rates now, click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you type in the coverages as shown on your current policy. This makes sure you will receive rate quotes based on identical coverages.
Don’t overlook these ten discounts
Companies that sell car insurance do not list all available discounts very clearly, so we took the time to find both well-publicized and the more hidden car insurance savings. If you’re not getting every credit you deserve, you’re paying more than you need to.
- Homeowners Savings – Simply owning a home may trigger a car insurance policy discount due to the fact that maintaining a home shows financial diligence.
- Good Students Pay Less – This discount can be rewarded with saving of up to 25%. This discount can apply up to age 25.
- Memberships – Belonging to a professional or civic organization may earn a discount on your policy for Fit coverage.
- Pay Upfront and Save – By paying your policy upfront instead of paying each month you can actually save on your bill.
- Driver’s Ed – Have your child successfully complete driver’s ed class in high school.
- Low Mileage – Fewer annual miles on your Honda could qualify for better rates on cars that stay parked.
- Multiple Policy Discount – When you have multiple policies with one insurance company you will save at least 10% off all policies.
- More Vehicles More Savings – Insuring multiple cars or trucks on one policy can get a discount on all vehicles.
- Life Insurance Discount – Select insurance companies reward you with lower rates if you buy auto and life insurance together.
- E-sign – Some insurance companies give back up to $50 for buying your policy online.
A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most cut individual premiums such as comp or med pay. So when it seems like adding up those discounts means a free policy, it just doesn’t work that way.
Buying car insurance from a local agent
Some people would prefer to get advice from a local agent and that is just fine! Educated insurance agents can answer important questions and help submit paperwork. The best thing about getting online price quotes is you may find the lowest rates and still have an agent to talk to.
Once you complete this form (opens in new window), the coverage information is emailed to participating agents in Las Vegas who will return price quotes to get your business. You don’t have to even leave your home since price quotes are sent to your email. Now that’s easy!
Choosing an insurer requires more thought than just a low price. Any agent should be forthright in answering these questions:
- Is the agency involved in supporting local community causes?
- Does the agency provide any after hours assistance?
- Do they feel the quoted coverages are adequate?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Do they receive special compensation for putting your coverage with one company over another?
- Are they full-time agents?
- Do they regularly work with personal auto policies?
- Do they make recommendations based only on price?
Multiple types of insurance agencies in Las Vegas
When searching for a reliable agent, there are two different agency structures that differ in how they can insure your vehicles. Agencies in Las Vegas are classified as either captive or independent. Both properly insure your vehicles, but it’s good to learn the difference between them since it may influence the selection process.
Captive Insurance Agents
These agents have only one company to place business with and examples are Liberty Mutual, State Farm, Allstate and AAA. These agents are not able to place coverage with different providers so they have to upsell other benefits. They are very knowledgeable on the products they sell and that can be a competitive advantage. Consumers often purchase coverage from captives mainly due to the brand legacy and the convenience of having all coverages with one company.
Independent Insurance Agents
Independent insurance agents are not required to write business for one company but rather can write business with lots of companies enabling the ability to shop coverage around. If you are not satisfied with one company, the agent simply finds a different carrier without you having to go to a different agency. When comparing rates, it’s a good idea to include price quotes from at least one independent agent to have the most options to choose from.Many can place coverage with smaller companies who may have lower rates.
Upon getting good answers to all your questions and locked in a price quote, you may have just found an insurance agent that is a good match to provide car insurance coverage.
What car insurance coverages do you need?
Having a good grasp of your car insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Honda Fit.
Due to the fact that many Nevada drivers have only the minimum liability required by law (15/30/10 in Nevada), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.
Auto collision coverage
Collision coverage pays for damage to your Fit resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims like colliding with a tree, sustaining damage from a pot hole, colliding with another moving vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.
Comprehensive auto coverage
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as damage from getting keyed, hitting a bird, a broken windshield and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage kick in for bills for EMT expenses, dental work, nursing services, funeral costs and chiropractic care. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible
Liability car insurance
Liability coverage protects you from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability coverage pays for claims such as repair bills for other people’s vehicles, medical services and loss of income. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford. Nevada state minimum liability requirements are 15,000/30,000/10,000 but drivers should carry better liability coverage.
Quote more, save more
As you prepare to switch companies, it’s very important that you do not reduce needed coverages to save money. In too many instances, someone sacrificed comprehensive coverage or liability limits only to regret that the small savings ended up costing them much more. The proper strategy is to get the best coverage possible at the best price while not skimping on critical coverages.
Low-cost Honda Fit insurance is definitely available from both online companies and with local Las Vegas insurance agents, so compare prices from both in order to have the best chance of saving money. Some car insurance companies do not offer you the ability to get quotes online and these small, regional companies work with independent agents.
People who switch companies do it for many reasons like an unsatisfactory settlement offer, poor customer service, not issuing a premium refund and even high prices. Regardless of your reason, finding a great new company is less work than it seems.
Find out more about car insurance
More detailed Nevada car insurance information is available at the Nevada Division of Insurance website. Nevada consumers can view agent and company licensing information, read consumer alerts, find disaster information, and report car insurance fraud.
The articles below may also help you learn more about car insurance in Las Vegas