5 Best Methods to Cut Volkswagen GTI Rates in Las Vegas Nevada
Did you fall for a flashy sales pitch and buy an expensive auto insurance policy? Believe me when I say there are lots of people in the same boat. Many insurance companies compete to insure your vehicles, so it can be very hard to choose a insurance company to find the absolute lowest cost out there.
It’s a good idea to price shop coverage on a regular basis because prices change quite often. Just because you found the lowest rates for GTI insurance on your last policy there may be better deals available now. Forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in one of the best ways to reduce your cost while increasing coverage.
Auto insurance discounts help lower rates
Auto insurance is not an enjoyable expense, but you might already qualify for some discounts to help offset the cost. Larger premium reductions will be automatically applied at the time of quoting, but some must be inquired about prior to receiving the credit. If you check and find you aren’t receiving every discount possible, it’s possible you qualify for a lower rate.
- Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
- Theft Deterent System – Cars equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and will qualify for a discount on a .
- Sign Early and Save – Some auto insurance companies reward drivers for signing up prior to the expiration date on your current policy. It can save you around 10%.
- Multiple Policy Discount – If you can combine your auto and homeowners policy with one company you may save nearly 15% which can help you find .
- College Student – Kids who live away from home at college and do not have access to a covered vehicle can be insured at a reduced rate.
You can save money using discounts, but some credits don’t apply the the whole policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like you could get a free auto insurance policy, it just doesn’t work that way.
A partial list of companies that may include some of the discounts shown above possibly include:
When getting , it’s a good idea to each insurance company what discounts are available to you. Some of the discounts discussed earlier may not apply to policies in Las Vegas.
Shopping for lower auto insurance rates can be a lot of work if you aren’t aware of the most efficient way. You could waste a few hours talking about coverages with agents in Las Vegas, or you can stay home and use the internet to get rates in a matter of minutes.
Many insurance companies enroll in a system that allows shoppers to only type in their quote data once, and at least one company provides a quote. This system prevents you from having to do quotation requests for each company you want a rate for.
To submit your quote information now, click to open in new window.
One minor caviat to doing it this way is that consumers can’t choose which companies you will receive quotes from. So if you want to choose specific insurance companies to request quotes from, we have a page of low cost auto insurance companies in Nevada. Click here for list of insurance companies in Nevada.
Whichever way you use, ensure you’re using apples-to-apples coverages on every quote you get. If you enter different coverage information it will be nearly impossible to make an equal comparison in Las Vegas.
Auto insurance coverages and their meanings
Knowing the specifics of a auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are the normal coverages found on most auto insurance policies.
Comprehensive coverage (or Other than Collision) – This pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as rock chips in glass, a broken windshield and theft. The highest amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Liability car insurance – This coverage will cover damages or injuries you inflict on a person or their property by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.
Liability insurance covers claims such as legal defense fees, repair bills for other people’s vehicles, court costs and loss of income. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford. Nevada requires minimum liability limits of 15,000/30,000/10,000 but it’s recommended drivers buy more liability than the minimum.
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your Volkswagen GTI.
Due to the fact that many Nevada drivers carry very low liability coverage limits (15/30/10 in Nevada), their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.
Collision coverages – Collision coverage pays for damage to your GTI resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims such as driving through your garage door, scraping a guard rail, crashing into a ditch and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.
Insurance for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for ambulance fees, surgery, doctor visits and nursing services. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
And the best auto insurance company is…
Low-cost Volkswagen GTI insurance is definitely available online in addition to many Las Vegas insurance agents, and you should compare price quotes from both to get a complete price analysis. Some insurance providers do not provide the ability to get quotes online and most of the time these smaller providers only sell coverage through independent agents.
When shopping online for auto insurance, you should never skimp on critical coverages to save a buck or two. Too many times, drivers have reduced comprehensive coverage or liability limits only to find out that the savings was not a smart move. The goal is to find the BEST coverage at an affordable rate, but do not sacrifice coverage to save money.