How-to Guide for Finding Insurance for a Lotus Elise

Searching for better insurance prices for a Lotus Elise in Nevada can turn out to be a lot of work, but you can use these tips and make it easy.

There is a better way to find car insurance online so we’re going to tell you the quickest way to get price quotes for a Lotus and get the best price possible from Nevada insurance agents and online providers.

Lotus Elise premiums are determined by many factors

Consumers need to have an understanding of some of the elements that help determine car insurance rates. When you know what positively or negatively impacts premium levels allows you to make educated decisions that will entitle you to much lower annual insurance costs.

Equipment add-ons that lower car insurance rates – Purchasing a vehicle with a theft deterrent system can save you a little every year. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
Your credit rating is important – Having a bad credit score is a huge factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure than drivers who have lower ratings. If your credit rating is low, you could be paying less to insure your Lotus Elise by improving your rating.
Do you qualify for a multi-policy discount? – Most insurers will give a discount to people who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to comparison shop to make sure you are getting the best deal. You may still be able to find a better deal by buying insurance from more than one company.
Being married is a good thing – Having a wife or husband can actually save you money on your car insurance policy. Having a spouse means you’re more responsible and it’s statistically proven that drivers who are married are more cautious.
Frequent car insurance claims increase rates – If you frequently file small claims, you can definitely plan on either a policy non-renewal or much higher rates. Companies in Nevada give discounts to policyholders who do not file claims often. Auto insurance is intended for major claims that would cause financial hardship.

Free Quotes for Car Insurance in Nevada

Most major insurance companies such as Progressive, Allstate and GEICO give pricing on the web. Getting online quotes is pretty easy as you simply enter your required coverages into a form. Behind the scenes, their system pulls reports for credit and driving violations and returns pricing information determined by many factors.

Quoting online helps simplify price comparisons, but the time it takes to visit many different websites and enter the same data into a form is monotonous and tiresome. Unfortunately, it is important to perform this step in order to find a better rate.

The easy way to compare rates

The preferred way to compare rates requires only one form to return rates from a bunch of companies at once. It saves time, requires much less work on your part, and makes rate comparisons much more enjoyable. After sending the form, it is rated with multiple companies and you can pick any one of the pricing results.

If a lower price is quoted, it’s easy to complete the application and purchase the new policy. The whole process only takes a few minutes and could lower your rates considerably. Nevada car insurance quote

To save time and find out what other companies charge, click here to open in a new tab and submit the form. If you have your current policy handy, we recommend you type in the coverage information exactly as shown on your declarations page. Using the same limits helps guarantee you will receive an apples-to-apples comparison for the exact same coverage.

Are car insurance companies telling the truth?

Consumers can’t get away from ads for car insurance savings by companies like Progressive, Allstate and GEICO. All the companies make an identical promise of big savings if you change to them.

How do they all make the same claim? This is how they do it.

All companies have a preferred profile for the type of driver that earns them a profit. For example, a desirable insured might be profiled as between the ages of 40 and 55, is a homeowner, and drives less than 7,500 miles a year. A driver that hits that “sweet spot” will get very good rates and as a result will probably save quite a bit of money when switching.

Potential insureds who do not match this ideal profile will be quoted higher premiums which usually ends up with business not being written. Company advertisements say “customers who switch” not “people who quote” save money. That’s why companies can truthfully state the savings.

This emphasizes why it’s extremely important to get a wide range of price quotes. It is impossible to predict which company will have the lowest rates.

Be sure to get all your discounts

Insuring your vehicles can cost a lot, but you may find discounts to help offset the cost. A few discounts will automatically apply when you quote, but some may not be applied and must be manually applied before you get the savings. If you don’t get every credit you deserve, you are paying more than you should be.

Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less for Elise coverage than drivers with accident claims.
Auto/Life Discount – Some companies give better rates if you take out life insurance from them.
Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can receive discounts up to 30%.
Fewer Miles Equal More Savings – Keeping the miles down on your Lotus could qualify for better rates on cars that stay parked.
Organization Discounts – Participating in a qualifying organization is a good way to get lower rates on your policy for Elise coverage.
Federal Employees – Simply working for the federal government can save as much as 8% for Elise coverage with select insurance companies.
Lower Rates for Military – Being on active duty in the military could be rewarded with lower premiums.
Good Student – This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in high school.

Consumers should know that most credits do not apply to all coverage premiums. Most cut individual premiums such as medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, you won’t be that lucky. But any discount will help reduce your premiums.

Additional information is located on the Nevada Division of Insurance website through this link. Nevada drivers can find a variety of consumer forms, file complaints about a company, discover disciplinary actions, and find out which companies have the most complaints.

More related Nevada car insurance information:

Better coverage you can count on

As you prepare to switch companies, do not skimp on critical coverages to save a buck or two. In too many instances, someone dropped physical damage coverage only to find out they didn’t have enough coverage. Your aim should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

Drivers change insurance companies for many reasons like denial of a claim, poor customer service, policy cancellation or an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a new car insurance company is easier than you think.

In this article, we covered a lot of ways to get a better price on Lotus Elise insurance. The key concept to understand is the more companies you get rates for, the higher the chance of saving money. You may even find the best price on car insurance is with a small mutual company.