Searching for low-cost insurance for an Audi SQ5 in Nevada could be a painful process, but you can use a few tricks to make it easier.
There is a better way to shop for car insurance so we’re going to tell you the absolute fastest way to compare rates for a new or used Audi and obtain the best price possible from Las Vegas insurance agents and online providers.
It’s a known fact that insurance companies don’t want you quoting rates from other companies. Consumers who get comparison quotes once a year are inclined to buy a different policy because there is a high probability of finding coverage at a more affordable price. A recent survey discovered that consumers who made a habit of comparing rate quotes saved approximately $865 annually as compared to drivers who didn’t regularly shop around.
If saving the most money on insurance in Las Vegas is your objective, then learning a little about how to get rate quotes and compare insurance premiums can help you succeed in finding affordable rates.
Smart consumers take time to take a look at other company’s rates every six months because rates change quite often. If you had the best premium rates on Audi SQ5 insurance in Las Vegas a couple years back you will most likely find a better price today. You’ll find quite a bit of inaccurate information about SQ5 insurance on the web, but we’re going to give you a lot of great tips on how to find cheap car insurance in Las Vegas.
If you are already insured or want to find a cheaper company, you can use these techniques to get lower rates and still have adequate protection. Quoting and comparing rates for cheaper coverage in Las Vegas is easy to do. You just have to use the most efficient way to shop from multiple carriers.
Six Tips to Get More Affordable Las Vegas Insurance Premiums
Multiple criteria are taken into consideration when you get your auto insurance bill. Some factors are common sense such as your driving record, although some other factors are not quite as obvious like your vehicle usage or your commute time. A large part of saving on car insurance is knowing a few of the rating criteria that play a part in calculating the level of your policy premiums. If you understand what determines base rates, this enables you to make decisions that could help you find big savings.
The list below includes some of the major factors that factor into premiums.
Policy lapses lead to higher car insurance rates – Having a lapse in insurance coverage is a guaranteed way to increase your rates. In addition to paying higher premiums, getting caught without coverage could result in a steep fine or even jail time.
Bundle policies to earn discounts – Many insurers will give a discount to policyholders that have more than one policy, otherwise known as a multi-policy discount. Even with this discount, drivers will still want to get quotes from other companies to confirm you are receiving the best rates possible.There is a chance you can find a better deal by buying car insurance from a different company.
Urban residents pay more – Being located in small towns and rural areas is a good thing when it comes to car insurance. Drivers who live in large cities tend to have more road rage incidents and a longer drive to work. Less people means less chance of accidents and lower theft and vandalism rates.
Lower rates with theft deterrents – Purchasing a vehicle that has a built-in theft deterrent system can help bring down rates. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft and help lower rates.
Safer the car lower the rate – Vehicles with good safety scores are cheaper to insure. The safest vehicles have better occupant injury protection and better occupant protection means less claims paid and more competitive rates for policyholders. If your Audi SQ5 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may cost less to insure.
Proper usage rating affects costs – The higher the mileage driven each year the more you’ll pay to insure your vehicle. Many insurance companies rate vehicles based upon how the vehicle is primarily used. Vehicles that do not get driven very much can be on a lower rate level as compared to vehicles used primarily for driving to work. Improper usage on your SQ5 can result in significantly higher rates. It’s a smart idea to ensure your car insurance coverage shows how each vehicle is driven.
Insurance losses for an Audi SQ5 – Insurers study historical loss data when setting rates for each model. Models that have a higher amount or frequency of claims will cost more for coverage.
The table below illustrates the loss history for Audi SQ5 vehicles. For each policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is set at 100. Numbers below 100 indicate a favorable loss history, while numbers that are greater than 100 indicate more frequent claims or tendency to have larger claims.
Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
---|---|---|---|---|---|---|
Audi SQ5 4dr 4WD | 188 | 94 | 162 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The following companies are our best choices to provide free quotes in Nevada. To locate the best car insurance in Las Vegas, we recommend you compare several of them to get a more complete price comparison.
Three reasons to not skimp on insurance
Despite the high cost, maintaining insurance is required in Nevada but also provides important benefits.
First, most states have minimum liability requirements which means you are required to buy a specific level of liability in order to get the vehicle licensed. 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 SQ5 has a lienholder, it’s most likely the lender will force you to have insurance to guarantee payment of the loan. If you let the policy lapse, the bank or lender will purchase a policy for your Audi at a much higher premium rate and force you to pay the higher price.
Third, insurance preserves both your assets and your car. Insurance will pay for hospital and medical expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of buying insurance outweigh the cost, especially if you ever need it. According to a recent study, the average American driver is wasting up to $820 a year so it’s important to compare rates at every policy renewal to help ensure money is not being wasted.
Discounts can help to save on Audi SQ5 insurance in Las Vegas
Companies offering auto insurance do not list every discount in an easy-to-find place, so below is a list both the well known and also the lesser-known discounts that may be available.
- Switch and Save Discount – A few larger companies offer discounts for switching to them prior to the expiration date on your current SQ5 insurance policy. You could save around 10% when you buy Las Vegas car insurance online.
- Federal Government Employee – Being employed by or retired from a federal job may reduce rates when you quote Las Vegas car insurance with a few car insurance companies.
- Discount for Life Insurance – Not all companies offer life insurance, but some may give you a discounted premium rate on car insurance if you buy some life insurance too.
- Discounts for Safe Drivers – Drivers who don’t get into accidents could pay up to 40% less than less cautious drivers.
- Pay Early and Save – By making one initial payment instead of making monthly payments you can actually save on your bill.
Discounts lower rates, but most credits do not apply to all coverage premiums. Most only cut individual premiums such as medical payments or collision. Even though the math looks like you could get a free car insurance policy, that’s just not realistic. But any discount should definitely cut the premium cost.
A list of car insurance companies and some of the discounts are shown below.
- Progressive offers premium reductions for multi-vehicle, multi-policy, online quote discount, continuous coverage, and good student.
- Farmers Insurance may offer discounts for switch companies, business and professional, pay in full, youthful driver, and distant student.
- Farm Bureau offers discounts including multi-vehicle, multi-policy, good student, 55 and retired, and renewal discount.
- State Farm policyholders can earn discounts including accident-free, driver’s education, safe vehicle, multiple policy, multiple autos, and good student.
- GEICO has discounts for defensive driver, anti-theft, anti-lock brakes, daytime running lights, emergency military deployment, military active duty, and five-year accident-free.
- SAFECO may include discounts for teen safe driver, drive less, multi-car, anti-theft, accident prevention training, teen safety rewards, and bundle discounts.
- Liberty Mutual may have discounts that include newly retired, multi-car, hybrid vehicle, new move discount, teen driver discount, and new graduate.
When getting a coverage quote, ask each insurance company to give you their best rates. A few discounts may not be offered in Las Vegas. For a list of insurance companies that provide some of the discounts listed above in Nevada, click here.
What if I want to buy from local Las Vegas insurance agents?
Many drivers would rather buy from a licensed agent and that is OK! Agents are trained risk managers and help file insurance claims. One of the benefits of comparing rate quotes online is that drivers can save money and get lower rates and still have an agent to talk to. And supporting neighborhood insurance agencies is still important in Las Vegas.
After completing this short form, the coverage information gets sent to participating agents in Las Vegas that provide free Las Vegas car insurance quotes for your insurance coverage. It makes it easy because there is no need to contact an agency due to the fact that quote results will go to you. If you want to compare prices from one company in particular, you would need to jump over to their website to submit a rate quote request.
Not all car insurance agents are the same
If you need to find local Las Vegas agents, it can be helpful to understand the different agency structures and how they operate. Agencies in Las Vegas are categorized either independent agents or exclusive agents depending on their employer. Either one can handle insurance, but it is important to understand how they are different since it may influence the selection process.
Independent Agents (or Brokers)
Independent agents are not required to write business for one company so they have the ability to put coverage amongst many companies and get the cheapest rates. If prices rise, the agent simply finds a different carrier and you can keep the same agent.
When searching for an agent, you should always compare quotes from a few independent agents in order to have the best price comparison. Most also write with small mutual carriers which can be an advantage.
The following is a list of independent insurance agents in Las Vegas that can possibly get you free rate quotes.
- Family Trust Insurance, LLC
6420 W Spring Mountain Rd #20 – Las Vegas, NV 89146 – (702) 212-3838 – View Map - Bleecher Insurance
3085 S Jones Blvd – Las Vegas, NV 89146 – (702) 477-7776 – View Map - AMS Insurance
9960 W Cheyenne Ave #240 – Las Vegas, NV 89129 – (702) 965-3680 – View Map
Exclusive Agents
Agents in the exclusive channel can only quote rates from one company and examples are Farmers Insurance, Allstate, or State Farm. Exclusive agents are unable to compare other company’s rates so you need to shop around if the rates are high. They are trained well on what they offer which helps them compete with independent agents. A lot of people choose to use an exclusive agent mainly due to high brand loyalty and the convenience of having a single billing for all their coverages.
Below are exclusive agencies in Las Vegas that are able to give comparison quotes.
- Mike Whitford – State Farm Insurance Agent
6485 N Decatur Blvd #150 – Las Vegas, NV 89131 – (702) 463-2400 – View Map - Jason Paszek – State Farm Insurance Agent
4250 E Bonanza Rd #16 – Las Vegas, NV 89110 – (702) 453-9500 – View Map - Juan Diaz State FarmĀ®
352 S Jones Blvd – Las Vegas, NV 89107 – (702) 870-0444 – View Map
Finding the right insurance agency requires more thought than just the price. These questions are important to ask:
- Where would your vehicle be repaired?
- Does the company have a local claim office in Las Vegas?
- What company do they have the most business with?
- If they are an independent agency in Las Vegas, which companies do they recommend?
- Is the quote a firm price?
Cheaper car insurance premiums are possible
People leave their current company for a number of reasons such as unfair underwriting practices, being labeled a high risk driver, delays in paying claims or even an unsatisfactory settlement offer. Regardless of your reason, choosing a new insurance company can be easier than you think.
When searching for inexpensive Las Vegas car insurance quotes, it’s not a good idea to buy lower coverage limits just to save a few bucks. In many cases, an insured cut uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage for the lowest cost while still protecting your assets.
You just read many ways to get a better price on Audi SQ5 insurance in Las Vegas. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the best price on car insurance is with some of the smallest insurance companies.
Steps to finding more affordable Audi SQ5 insurance in Las Vegas
The easiest way to save money on Audi SQ5 insurance in Las Vegas is to compare prices at least once a year from providers who sell auto insurance in Nevada. Price quotes can be compared by completing these steps.
Step 1: Try to understand how companies set rates and the measures you can control to drop your rates. Many rating criteria that result in higher rates such as tickets, at-fault accidents, and a negative credit rating can be improved by making lifestyle changes or driving safer.
Step 2: Quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like GEICO or Farmers Insurance, while agents who are independent can quote prices from multiple insurance companies.
Step 3: Compare the new rates to your existing rates to see if a cheaper price is available. If you find a lower rate, make sure coverage does not lapse between policies.
Step 4: Give notification to your current company of your intention to cancel your existing policy. Submit a down payment along with a completed application to the new company. As soon as coverage is bound, put the certificate verifying coverage somewhere easily accessible.
One piece of advice is to try to use the same amount of coverage on each price quote and and to analyze as many auto insurance providers as possible. This ensures the most accurate price comparison and the best price quote selection.
Additional car insurance information is available on the following sites:
- Driving in Bad Weather (Insurance Information Institute)
- Who Has the Cheapest Las Vegas Auto Insurance for Veterans? (FAQ)
- Who Has Affordable Las Vegas Car Insurance Rates for Seniors? (FAQ)
- How Much are Car Insurance Quotes for Felons in Las Vegas? (FAQ)
- Who Has the Cheapest Las Vegas Car Insurance for Unemployed Drivers? (FAQ)
- Understanding Rental Car Insurance (Insurance Information Institute)
- Top Signs Your Brakes are Giving Out (State Farm)