6 Ways to Get Lower Rates on Acura SLX Insurance in Las Vegas, NV

Are you a victim of an overpriced auto insurance policy? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out. There is such a variety of car insurance companies to buy insurance from, and although it’s a good thing to have a selection, too many choices makes it more difficult to find the best rates.

These six discounts can slash auto insurance rates

Auto insurance companies don’t necessarily list every discount in a way that’s easy to find, so the following is a list of both the well known and the more hidden discounts you could be receiving. If you aren’t receiving every discount possible, you are paying more than you should be.

Multi-car Discount – Having more than one vehicle on the same auto insurance policy may reduce the rate for each vehicle.
Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and earn discounts up to 10%.
Seat Belts Save – Requiring all passengers to use their safety belts could save 15% on the medical payments or PIP coverage costs.
Safe Driver Discount – Safe drivers can get discounts for up to 45% lower rates for SLX insurance than drivers with accident claims.
55 and Retired – If you’re over the age of 55, you may receive reduced rates for SLX insurance.
Good Student Discount – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.

Drivers should understand that most discount credits are not given to the entire policy premium. The majority will only reduce individual premiums such as liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, you’re out of luck.

To see a list of companies with discount auto insurance rates in Nevada, click here.

Compare Quotes for Las Vegas Auto Insurance

Shopping for lower auto insurance rates is a ton of work if you don’t know the easiest way. You can spend your afternoon talking about coverages with agents in Las Vegas, or you could save time and use online quoting to quickly compare rates.

Most of the larger companies participate in a marketplace where prospective buyers send in one quote, and each participating company returns a rated price based on that data. This prevents consumers from doing quote requests to every company.

To fill out one form to compare multiple rates now click here (opens in new window).

The one downside to using this type of form is that consumers can’t choose which insurance companies you want pricing from. If you would rather choose individual companies to request quotes from, we have assembled a list of companies who write auto insurance in Nevada. Click to view list.

It doesn’t matter which method you choose, just ensure you’re using the exact same coverage limits with each company. If your comparisons have different liability limits it will be impossible to find the best deal for your Acura SLX in Las Vegas.

There’s no such thing as the perfect policy

When choosing adequate coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different so this has to be addressed. For instance, these questions could help you determine whether or not you may require specific advice.

Do I have any recourse if my insurance company denies a claim?
Is rental equipment covered for theft or damage?
Do I have coverage when pulling a U-Haul trailer?
Do I qualify for additional discounts?
Is Nevada a no-fault state?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Do I get a pro-rated refund if I cancel my policy early?
Can I get a multi-policy discount for packaging my home and auto coverage?
Can I rate high risk drivers on liability-only vehicles?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Shop online but buy locally

Certain consumers just want to sit down with an agent and that is OK! Professional agents can answer important questions and help file insurance claims. One of the great benefits of comparing rates online is that you can obtain better rates but also keep your business local.

To find an agent, once you fill out this short form, your insurance coverage information is submitted to agents in your area who will battle for your insurance coverage. You don’t have to even leave your home as quotes are delivered straight to your inbox.

Choosing a company should depend on more than just the bottom line cost. Some important questions to ask are:

What insurance companies do they recommend if they are an independent agent?
If you have an accident, will your rates go up?
Do they make recommendations based only on price?
Which insurance companies are they affiliated with?
Do they assist clients in filing claims?
Are they able to influence company decisions when a claim is filed?

Auto insurance agents in Las Vegas come in two varieties

When searching for a good Las Vegas insurance agent, there are two types of agencies from which to choose. Las Vegas agents are classified as either independent or captive. While both can insure your vehicles, but it’s good to learn the difference between them because it can influence your selection of an agent. free Las Vegas insurance quote

Agency Captives

Captive agencies have only one company to place business with and examples are Liberty Mutual, Allstate, Farmers Insurance or State Farm. These agents are unable to place coverage with different providers so they have to upsell other benefits. Captive agents are trained well on the products they sell which helps them compete with independent agents.

Independent Agents (or Brokers)

Independent insurance agents are not locked into one company but instead can place your coverage with lots of companies depending on which coverage is best. If you are not satisfied with one company, your agent can switch companies and you won’t have to switch agencies.

When searching for an agent, it’s recommended you include multiple independent agents to have the most options to choose from.

Once you have received good answers to all your questions and a good coverage price, you have narrowed it down to a car insurance agent that can provide auto insurance coverage. But remember, once you purchase a policy you can cancel a policy any time you want so don’t think you’re contractually obligated to any specific agency with no way out.

Do drivers who switch really save?

Consumers can’t ignore all the ads for the lowest price auto insurance by companies like Progressive, Allstate and GEICO. They all seem to make the same claim that you’ll save big after switching to them.

How does each company make the same claim? It’s all in the numbers.

Insurance companies are able to cherry pick for the type of customer that earns them a profit. For example, a driver they prefer could possibly be a mature driver, has no tickets, and has excellent credit. Any new insured who matches those parameters is entitled to the best price and as a result will probably save quite a bit of money when switching.

Potential insureds who fall outside these standards will be quoted higher rates which leads to business going elsewhere. The ad wording is “customers that switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can confidently make the claims of big savings. This emphasizes why it is so important to get quotes from several different companies. It’s just too difficult to predict which auto insurance company will give you the biggest savings.

Auto insurance coverage breakdown

Learning about specific coverages of auto insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages available from auto insurance companies.

Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like chiropractic care, funeral costs, rehabilitation expenses and dental work. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Comprehensive coverage (or Other than Collision) – This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as theft, fire damage and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Acura SLX.

Due to the fact that many Nevada drivers only carry the minimum required liability limits (which is 15/30/10), their limits can quickly be used up. So UM/UIM coverage is very important.

Collision coverage – This coverage will pay to fix damage to your SLX resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as sustaining damage from a pot hole, hitting a parking meter, crashing into a building, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability auto insurance – Liability coverage will cover injuries or damage you cause to people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as bail bonds, court costs, medical services, attorney fees and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible. Nevada requires minimum liability limits of 15,000/30,000/10,000 but you should consider buying more coverage.

Keep this in mind

Cheaper Acura SLX insurance is attainable online in addition to many Las Vegas insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers do not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

In this article, we presented some good ideas how you can lower your Acura SLX insurance rates. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the lowest rates come from the smaller companies. Some small companies may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.

Some additional reading

More detailed Nevada auto insurance information is available at the Nevada Division of Insurance website. Consumers can file complaints about an insurance agent or broker, find out industry alerts, and read industry bulletins.