Beginners Guide to Finding Insurance for a Shelby Series 1 in Las Vegas
Las Vegas shoppers have a choice when shopping for the best price on Shelby Series 1 insurance. They can either waste time struggling with agents to compare prices or use the internet to make rate comparisons.
There are more efficient ways to buy auto insurance and we’ll show you the best way to get price quotes for a new or used Shelby and find the best price possible from both online companies and Las Vegas agents.
It’s a good habit to check auto insurance prices before your policy renews due to the fact that insurance rates are usually higher with each renewal. Just because you had the lowest rates on Series 1 coverage a few years ago there is a good chance you can find better rates now. There is a lot of wrong information about auto insurance online but we’re going to give you a lot of great tips on how to stop overpaying for insurance.
If you currently have car insurance, you should be able to save some money using this information. The purpose of this post is to help you learn the best way to quote coverages. But Nevada car owners should learn how big insurance companies market on the web because it can help you find the best coverage.
More discounts equal less premium
Insurance can cost an arm and a leg, but companies offer discounts that many people don’t even know exist. Some trigger automatically at quote time, but a few need to be specifically requested before you get the savings.
- Multi-policy Discount – If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
- Sign Online – Certain companies will discount your bill up to fifty bucks for buying your policy digitally online.
- Organization Discounts – Being a member of a professional or civic organization could trigger savings when buying auto insurance on Series 1 coverage.
- Passive Restraint Discount – Factory air bags or motorized seat belts can receive discounts up to 30%.
- No Claims – Claim-free drivers can earn big discounts compared to bad drivers.
- Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
Consumers should know that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce specific coverage prices like collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, you’re out of luck. Any qualifying discounts will cut your premiums.
To choose companies who offer auto insurance discounts in Las Vegas, click this link.
Compare Auto Insurance Today
When shopping for auto insurance there are multiple ways to compare quotes and find the best price. The best method to find the cheapest Shelby Series 1 insurance rates consists of shopping online. It is quite easy and can be accomplished in a couple of different ways.
- One of the best ways consumers can analyze rates is to use a rate comparison form (click to open form in new window). This method saves time by eliminating repetitive form submissions for each company you want a rate for. A single form will return price quotes from several companies. It’s the fastest way to compare.
- A less efficient way to obtain and compare quotes online is to manually visit each individual company website and complete a new quote form. For instance, let’s say you want comparison quotes from Allstate, Liberty Mutual and Farmers. To get rate quotes you would need to go to every website and enter your policy data, which is why the first method is more popular. To view a list of companies in Las Vegas, click here.
- The least efficient method of getting rate comparisons is to spend time driving to local Las Vegas insurance agencies. Buying insurance online can eliminate the need for a local agent unless you prefer the professional guidance only provided by licensed Las Vegas agents. You can, however, find lower rates online but buy from a local insurance agent and you’ll learn how to do that later.
It’s up to you which method you use, but be sure to compare apples-to-apples quote information for every company. If you have different limits and deductibles on each one it’s not possible to decipher which rate is best in Las Vegas. Quoting even small variations in coverage limits may cause a big price difference. Just remember that having more price comparisons gives you a better chance of getting a lower rate.
These factors can influence Shelby Series 1 insurance rates
An important part of buying insurance is that you know some of the elements that go into determining the rates you pay for auto insurance. Knowing what impacts premium levels allows you to make educated decisions that can help you get much lower annual insurance costs.
Listed below are a few of the “ingredients” companies use to determine your rates.
- Protect yourself with liability coverage – Liability insurance will protect you if ever a jury decides you are liable for damages caused by your negligence. Liability provides legal defense coverage starting from day one. This coverage is very inexpensive compared to physical damage coverage, so do not cut corners here.
- Increase deductibles and save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Shelby from damage. Some instances where coverage would apply are running into the backend of another car, damage from fire, and burglary. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive on Series 1 coverage.
- More miles equals more premium – Driving more miles in a year’s time the more you’ll pay to insure your vehicle. Almost all companies price each vehicle’s coverage based on how the vehicle is used. Cars and trucks that are left in the garage can get a lower rate compared to those used for work or business. Verify your auto insurance coverage properly reflects the proper vehicle usage, because it can save money. Incorrect usage on your Series 1 may be costing you.
- More claims means more premium – Insurance companies in Nevada provide discounts to people who do not file claims often. If you file claims often, you can expect either higher rates or even cancellation. Car insurance is intended to be relied upon for major claims that would cause financial hardship.
- Lower rates come with age – More mature drivers tend to be more responsible, tend to file fewer claims and are safer drivers. Teen drivers tend to be less responsible when driving and because of this, their auto insurance rates are much higher.
- No coverage gaps is important – Not having insurance is illegal and auto insurance companies will penalize you for letting your coverage have a gap. And not only will your rates increase, but not being able to provide proof of insurance may earn you a steep fine or even jail time.You may have to prove you have insurance by filing a SR-22 with the Nevada motor vehicle department.
When might I need help?
When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Every situation is different.
Here are some questions about coverages that may help highlight if your insurance needs will benefit from professional help.
- Is there coverage for injuries to my pets?
- What is high-risk coverage and where do I buy it?
- What is the difference between comprehensive and collision coverage?
- Why does it cost so much to insure a teen driver in Las Vegas?
- Am I covered by my spouse’s policy after a separation?
- Is business property covered if stolen from my car?
- Do I need PIP (personal injury protection) coverage in Nevada?
- How much liability coverage do I need in Nevada?
- Does my medical payments coverage pay my health insurance deductible?
- If my Shelby Series 1 is totaled, can I afford another vehicle?
If you can’t answer these questions, you may need to chat with an agent. To find an agent in your area, take a second and complete this form.
But don’t I need an insurance agent?
Some consumers just want to buy from a licensed agent and that is just fine! One of the great benefits of price shopping on the web is you can get lower rates but also keep your business local. Supporting local agencies is especially important in Las Vegas.
Once you complete this simple form, your insurance data is transmitted to local insurance agents in Las Vegas who will return price quotes for your business. There is no reason to visit any agencies due to the fact that quote results will go to the email address you provide. How’s that for easy! It’s the lowest rates AND an agent nearby.
Car insurance agents in Las Vegas come in two varieties
If you’re trying to find a reputable insurance agent or broker, you need to know there are two different types of agents from which to choose. Agents are either independent (non-captive) or captive.
Independent Agencies or Brokers
Independent agents are not required to write business for one company but instead can place your coverage with multiple insurance companies and potentially find a lower price. To transfer your coverage to a different company, the agent simply finds a different carrier without you having to go to a different agency. When comparison shopping, you should always get quotes from at a minimum one independent agency for the best price selection. Most have the option of insuring with different regional companies who may have lower rates.
Captive Insurance Agents
Captive agents have only one company to place business with and examples are State Farm, AAA and Liberty Mutual. They generally cannot provide prices from multiple companies so it’s a take it or leave it situation. Captive agencies are usually quite knowledgeable on the products they sell which can be an advantage. Consumers frequently buy insurance from these agents mostly because of the brand legacy and solid financial strength.
Deciding on an insurance agency shouldn’t rely on just the premium amount. These questions are important to ask:
- Does the agency support the community they serve?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Does the agency provide any after hours assistance?
- Can glass repairs be made at your home?
- Do the companies they represent have a solid financial rating?
- How much will you save each year by using a higher deductible?
- Are they able to influence company decisions when a claim is filed?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
Upon receiving acceptable answers to all your questions and an acceptable price quote, you may have just found an auto insurance agent that will provide auto insurance coverage.
Do you really save 40% when you switch?
Allstate, GEICO and Progressive consistently run ads on television and other media. All the companies say the same thing that you can save if you change your coverage to them. How do they all make the same claim?
Different companies are able to cherry pick for the type of driver that is profitable for them. For instance, a preferred risk might be profiled as between 25 and 40, owns a home, and chooses high deductibles. A customer who matches those parameters will qualify for the lowest rates and most likely will save quite a bit of money when switching.
Potential insureds who don’t measure up to these standards will be charged a higher premium which usually ends up with the customer not buying. The ads say “customers that switch” not “everyone that quotes” save money. That’s why companies can truthfully make the claims of big savings.
That is why you should compare as many rates as you can. Because you never know which company will give you the biggest savings.
Smart consumers save more
Drivers switch companies for a variety of reasons including unfair underwriting practices, high rates after DUI convictions, not issuing a premium refund or being labeled a high risk driver. It doesn’t matter what your reason, finding a new auto insurance company is not as hard as you think.
While you’re price shopping online, you should never buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped physical damage coverage and found out when filing a claim they didn’t have enough coverage. Your goal should be to find the BEST coverage at the best price while still protecting your assets.
Cheap Shelby Series 1 insurance is possible from both online companies and also from your neighborhood Las Vegas agents, so you should compare both to get a complete price analysis. Some insurance companies may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.
Some additional reading
Much more information about auto insurance in Nevada is located on the Nevada Division of Insurance website found here. Visitors are able to file complaints about an insurance agent or broker, view a list of available companies, and read enforcement actions against agents and companies.
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