8 Shopping Tips Guaranteed to Slash the Cost of Dodge Magnum Auto Insurance Costs in Las Vegas

No sane person looks forward to paying premiums for auto insurance, in particular when the prices are way too high. Big companies like GEICO, Farmers Insurance and State Farm promote their brand names with fancy advertisements and it is challenging if not impossible to ignore the flashy ads and effectively compare rates to find the best deal.

It’s important to compare rates periodically because prices are usually higher with each renewal. Just because you found the best rates for Magnum coverage a couple years back the chances are good that you can find a lower premium rate today. Ignore everything you know about auto insurance because you’re about to learn the proper way to save money, get proper coverage and the best rates.

Get lower-cost Las Vegas auto insurance with discounts

Some insurers do not advertise the complete list of policy discounts very well, so the next list breaks down some of the more common and also the lesser-known credits available to lower your premiums when you . If you are not receiving all the discounts you deserve, you are throwing money away.

Pay Early and Save – By paying your policy upfront instead of making monthly payments you may have a lower total premium amount.
Military Rewards – Being on active deployment in the military can result in better premium rates.
Life Insurance – Insurance carriers who offer life insurance give a discounted price on car insurance if you buy some life insurance in addition to your auto policy.
Discounts for Safe Drivers – Safe drivers may save up to 50% more for Magnum coverage than less cautious drivers.
Telematics Discount – Las Vegas drivers who agree to allow their company to study driving patterns through the use of a telematics system such as Progressive’s Snapshot may get a rate reduction if they show good driving skills.
Early Switch Discount – Select insurance companies give a discount for switching policies prior to your current policy expiring. You could save around 10% when you .
Save with a New Car – Insuring a new car is cheaper due to better safety requirements for new model year vehicles.
Anti-lock Brake Discount – Cars, trucks, and SUVs with anti-lock braking systems can stop better under adverse conditions and therefore earn up to a 10% discount.

One thing to note about discounts is that most discount credits are not given to your bottom line cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that all those discounts means the company will pay you, auto insurance companies aren’t that generous. Any qualifying discounts will definitely reduce the amount you pay for coverage.

A list of companies and their possible discounts can be found below.

Farm Bureau has savings for 55 and retired, renewal discount, youthful driver, good student, multi-vehicle, and driver training.
Liberty Mutual may have discounts that include new graduate, new vehicle discount, teen driver discount, new move discount, hybrid vehicle, exclusive group savings, and preferred payment discount.
State Farm offers discounts for accident-free, Steer Clear safe driver discount, student away at school, driver’s education, Drive Safe & Save, multiple autos, and anti-theft.
Auto-Owners Insurance offers premium reductions for anti-lock brakes, mature driver, student away at school, multi-policy, group or association, air bags, and paid in full.
GEICO discounts include daytime running lights, military active duty, defensive driver, anti-theft, multi-policy, emergency military deployment, and driver training.
SAFECO may include discounts for multi-car, bundle discounts, anti-theft, teen safety rewards, teen safe driver, homeowner, and safe driver.

If you are trying to find , ask every prospective company which discounts can lower your rates. All car insurance discounts may not be available in every state. To choose providers who offer online auto insurance quotes in Las Vegas, follow this link.

Compare rate quotes or from car insurance agents

Many people still like to buy from a local agent and that can be a great decision Professional agents are highly skilled in risk management and will help you if you have claims. One of the best bonuses of comparing rates online is you can get lower rates and still have an agent to talk to. Putting coverage with local insurance agencies is especially important in Las Vegas.

Upon completion of this short form, the coverage information is immediately sent to insurance agents in Las Vegas who will give competitive quotes for your business. There is no reason to drive around due to the fact that quote results will go to you directly. If for some reason you want to compare rates for a specific company, you would need to visit that company’s website and complete a quote there.

When narrowing the list to find a local Las Vegas insurance agency, it’s helpful to know the types of agencies to choose from. Agents can be classified as either captive agents or independent agents. Either one can provide auto insurance policies, but it’s good to learn the difference in the companies they write for since it can impact your selection of an agent.

Independent Auto Insurance Agents

Agents that elect to be independent are not employed by one company so as a result can place your coverage amongst many companies and find you the best rates. If your agent finds better pricing, the business is moved internally without you having to go to a different agency. When shopping rates, you absolutely need to get insurance quotes from a few independent agents to have the most options to choose from.

Captive Agencies

Captive agencies work for only one company and examples are Allstate, State Farm and Farm Bureau. Captive agents cannot compare other company’s rates so you need to shop around if the rates are high. Captive insurance agents receive extensive training on their company’s products which helps overcome the inability to quote other rates.

Finding the right insurance agent is decision based upon more than just the price. These are some questions your agent should answer.

Is the agent CPCU or CIC certified?
Will they make sure you get an adequate claim settlement?
Can glass claims be handled at your home?
Are aftermarket or OEM parts used to repair vehicles?
How does the company pay claims for a total loss?
Do the coverages you’re quoting properly cover your vehicle?
Do you have coverage for a rental car if your vehicle is in the repair shop?

Advertising myths

Consumers in Nevada get pounded daily by advertisements that claim the lowest car insurance rates from the likes of Progressive, GEICO, Allstate and State Farm. All the companies make the point about savings if you get a free and switch your policy.

How is it possible that every company can cost less than your current company? This is the trick they use.

Different companies quote their cheapest rates for the type of driver that will generate a profit. An example of a driver they prefer could be a mature driver, has a low-risk occupation, and drives less than 10,000 miles a year. Any customer who matches those parameters receive the lowest rate quotes as well as save money with a new company.

Insureds who cannot meet these standards may receive higher premium rates which results in the driver buying from a lower-cost company. If you listen to the ad wording, they say “customers that switch” not “everyone that quotes” can get the lowest rates when switching. This is how insurance companies can confidently make those statements.

Because of this risk profiling, you absolutely need to do a quote comparison often. It’s just not possible to know the company that will provide you with the cheapest car insurance rates.

Situations that may require an agent’s advice

When buying proper insurance coverage for your vehicles, there really is no single plan that fits everyone. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions might help in determining whether or not you could use an agent’s help.

Are my friends covered when driving my Dodge Magnum?
Does coverage extend to a rental car in a foreign country?
What companies insure drivers after a DUI or DWI?
How do I file an SR-22 for a DUI in Nevada?
Is borrowed equipment or tools covered if stolen or damaged?
Will my rates increase for filing one claim?
Can I afford to buy a different vehicle if my Dodge Magnum is totaled?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Car insurance coverages for a Dodge Magnum

Having a good grasp of your auto insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find typical coverage types available from auto insurance companies.

Collision coverage

This pays for damage to your Magnum from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like driving through your garage door, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

This provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and damage to your Dodge Magnum.

Because many people only carry the minimum required liability limits (15/30/10), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these coverages are set the same as your liablity limits.

Coverage for medical expenses

Med pay and PIP coverage provide coverage for short-term medical expenses for things like hospital visits, funeral costs and X-ray expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Coverage for liability

Liability coverage provides protection from damage or injury you incur to other people or property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims like repair costs for stationary objects, legal defense fees, funeral expenses, repair bills for other people’s vehicles and emergency aid. How much coverage you buy is a personal decision, but consider buying as much as you can afford. Nevada requires minimum liability limits of 15,000/30,000/10,000 but drivers should carry more coverage.

Comprehensive auto insurance

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as theft, rock chips in glass and fire damage. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Additional resources for Nevada consumers

Much more information about auto insurance in Nevada is located on the through this link. Nevada drivers can discover disciplinary actions, read state legal mandates and laws, report car insurance fraud, and read industry bulletins.

The following articles may also be useful.

Don’t give up on affordable coverage

When shopping online for auto insurance, never reduce needed coverages to save money. There have been many cases where someone sacrificed full coverage to discover at claim time that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.

Cheap Dodge Magnum insurance can be sourced from both online companies and also from your neighborhood Las Vegas agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies may not offer online price quotes and most of the time these small, regional companies prefer to sell through independent insurance agencies.