How long have you put off shopping around for more competitive Chevy Aveo insurance in Las Vegas? Nobody that owns a car gets a kick out of paying for car insurance, especially when they are aware that their premiums are too high.
It’s a fact that auto insurance companies want to prevent you from shopping around. People who shop around are highly likely to switch to a new company because there is a significant possibility of finding a lower rate. A recent survey found that drivers who compared prices regularly saved about $3,500 over four years compared to drivers who never compared rates.
If finding the lowest price for car insurance in Las Vegas is your ultimate goal, then learning a little about how to quote and compare auto insurance can help you be more efficient.
Steps to buying affordable Chevy Aveo insurance in Las Vegas
The easiest way to find discount auto insurance rates is to do a yearly price comparison from companies who provide car insurance in Las Vegas. This can be done by following these guidelines.
Step 1: It will benefit you to learn about how insurance works and the factors you can control to lower rates. Many policy risk factors that increase rates like at-fault accidents and an unacceptable credit score can be controlled by making small lifestyle or driving habit changes.
Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like Progressive or Allstate, while independent agents can provide price quotes from multiple companies.
Step 3: Compare the quotes to your existing policy to determine if switching companies saves money. If you find better rates and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Notify your agent or company of your decision to cancel the current policy and submit the application along with any required down payment for the new coverage. When you receive it, safely store the proof of insurance certificate in an easily accessible location.
A good tip to remember is to make sure you’re comparing identical deductibles and limits on each quote request and and to get quotes from every company you can. This ensures an apples-to-apples comparison and a thorough selection of prices.
There is such a variety of car insurance companies to purchase coverage from, and although it’s nice to be able to choose, lots of choices makes it harder to compare rates for Chevy Aveo insurance in Las Vegas.
It’s a great practice to compare prices at least once a year because prices are adjusted regularly by insurance companies. Just because you found the lowest quotes on Chevy Aveo insurance in Las Vegas on your last policy there is a good chance you can find better rates now. There are lots of tips to save on Aveo insurance out there, but in just a couple of minutes you can learn some guaranteed methods to reduce your car insurance bill.
To find the best auto insurance prices, there are several ways to compare prices from different companies. The easiest way by far to find the cheapest insurance rates is to use the internet to compare rates.
Getting free rates online is quite simple, and it makes it a waste of time to drive around to different Las Vegas agent offices. Shopping for auto insurance online eliminates the middleman unless you require the extra assistance of a local agency. Although you can obtain prices from the web but have a local agent actually write the policy.
Keep in mind that more quotes gives you a better chance of getting the best rates.
The following companies provide free quotes in Nevada. If you wish to find the best car insurance in Las Vegas, NV, we suggest you click on several of them in order to find the most affordable rates.
Why you need insurance for your Chevy vehicle
Even though it can be expensive, insuring your vehicle is required in Nevada but it also protects you in many ways.
First, the majority of states have minimum liability requirements which means it is punishable by state law to not carry a specific minimum amount of liability in order to drive the car legally. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a lienholder, most banks will require you to buy insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the bank may buy a policy for your Chevy at a more expensive rate and require you to reimburse them the higher price.
Third, auto insurance protects not only your Chevy Aveo but also your assets. It will also pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also covers legal expenses in the event you are sued. If your Chevy gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of insuring your car are without a doubt worth the cost, especially for larger claims. On average, a vehicle owner in Las Vegas overpays more than $700 annually so compare rate quotes each time the policy renews to make sure the price is not too high.
Insurance coverage details
The premium information below showcases different insurance prices for Chevy Aveo models. Having insight into how car insurance premiums are determined is important for making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $228 | $554 | $348 | $20 | $104 | $1,254 | $105 |
| Aveo LS 4-Dr Sedan | $228 | $554 | $348 | $20 | $104 | $1,254 | $105 |
| Aveo LT 4-Dr Hatchback | $258 | $554 | $348 | $20 | $104 | $1,284 | $107 |
| Aveo LT 4-Dr Sedan | $258 | $554 | $348 | $20 | $104 | $1,284 | $107 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Prices do not factor in specific location information which can alter rates considerably.
Auto insurance deductibles
The hardest decision when buying coverage is how high should the physical damage coverage deductibles be. The following insurance rates lay out the rate fluctuation when you buy lower versus higher physical damage coverage deductibles. The first data set uses a $250 physical damage coverage deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $238 | $472 | $308 | $18 | $92 | $1,153 | $96 |
| Aveo LS 4-Dr Sedan | $238 | $472 | $308 | $18 | $92 | $1,153 | $96 |
| Aveo LT 4-Dr Hatchback | $268 | $472 | $308 | $18 | $92 | $1,183 | $99 |
| Aveo LT 4-Dr Sedan | $268 | $472 | $308 | $18 | $92 | $1,183 | $99 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $194 | $382 | $308 | $18 | $92 | $994 | $83 |
| Aveo LS 4-Dr Sedan | $194 | $382 | $308 | $18 | $92 | $994 | $83 |
| Aveo LT 4-Dr Hatchback | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| Aveo LT 4-Dr Sedan | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Price estimates do not factor in specific Las Vegas garaging location which can lower or raise premium rates substantially.
We can derive from the above data that using a $250 deductible will cost in the ballpark of $14 more each month or $168 each year than choosing the higher $500 deductible. Because you would be required to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you average at a minimum 18 months between claim filings, you would come out ahead if you choose the higher deductible.
Cost of full coverage in Las Vegas
The example below illustrates the difference between Chevy Aveo auto insurance rates with and without full coverage. The costs are based on no violations or accidents, $100 deductibles, drivers are single, and no policy discounts are applied.
When to drop comprehensive and collision coverage
There is no clear-cut formula of when to phase out physical damage coverage on your policy, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the settlement you would receive from your company, then you might want to think about dropping full coverage.
For example, let’s say your Chevy Aveo replacement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $5,000 after the deductible is paid. If you are currently paying more than $500 a year for full coverage, then it’s probably a good time to buy liability coverage only.
There are some situations where removing full coverage is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
Don’t overlook these eight Chevy Aveo insurance discounts
Auto insurance is neither fun to buy or cheap, but you may be missing some discounts to cut the cost considerably. Certain discounts will be applied when you get a quote, but some may not be applied and must be specifically requested before being credited.
- Driving Data Discount – Las Vegas drivers who agree to allow driving data submission to analyze their driving habits by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction as long as the data is positive.
- ABS Brakes – Cars and trucks that have anti-lock braking systems can avoid accidents and earn discounts up to 10%.
- Responsible Drivers – Drivers who don’t get into accidents could pay up to 40% less compared to accident prone drivers.
- Bundled Policy Discount – If you can bundle your auto and homeowners insurance and place coverage with the same company they may give you a discount of up to 20% off your total Aveo insurance premium.
- Low Mileage – Fewer annual miles on your Chevy can earn lower prices due to less chance of an accident.
- Theft Deterrent Discount – Cars and trucks that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
- Driver Education Discount – Have your child successfully complete driver’s ed class if it’s offered in school.
- Own a Home – Owning a house in Las Vegas may earn you a small savings because maintaining a house shows financial diligence.
Please keep in mind that most discount credits are not given to the whole policy. The majority will only reduce specific coverage prices like collision or personal injury protection. Despite the fact that it seems like adding up those discounts means a free policy, it just doesn’t work that way.
The diagram below shows the difference between Chevy Aveo insurance rates with and without discounts applied to the rates. The information is based on a female driver, a clean driving record, no at-fault accidents, Nevada state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-policy, homeowner, multi-car, and safe-driver discounts applied.
If you would like to view companies that have a full spectrum of discounts in Las Vegas, click this link.
How to find a good Nevada auto insurance company
Finding the best car insurance provider is hard considering how many choices you have in Nevada. The company information listed below may help you decide which car insurance companies you want to consider comparing rates with.
Top 10 Las Vegas Car Insurance Companies Ranked by Value
- USAA
- American Family
- The Hartford
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
- Nationwide
- Safeco
Top 10 Las Vegas Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- GEICO – A++
- State Farm – A++
- The Hartford – A+
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Titan Insurance – A+