If saving money is your primary concern, then the best way to get more affordable Volkswagen Beetle insurance in Las Vegas is to do an annual price comparison from companies who sell auto insurance in Nevada. Rates can be compared by following these steps.
Step 1: Gain an understanding of how companies set rates and the factors you can control to prevent high rates. Many policy risk factors that result in higher rates such as at-fault accidents and a not-so-good credit history can be rectified by making small lifestyle or driving habit changes.
Step 2: Compare rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like GEICO or State Farm, while independent agents can provide prices for many different companies.
Step 3: Compare the price quotes to your current policy premium and determine if there is any savings. If you can save money and decide to switch, ensure coverage does not lapse between policies.
One tip to remember is to compare identical coverages on every quote and and to get rates from as many carriers as you can. Doing this guarantees the most accurate price comparison and a thorough price selection.
Shocking but true, a large majority of drivers kept their policy with the same company for four years or more, and nearly 40% of drivers have never compared rates from other carriers. Consumers in America could save about 47% a year by just comparing rate quotes, but they underestimate the amount of savings they would get if they replace their high priced policy.
Locating the best insurance company for you in Las Vegas is really quite simple as long as you have a good starting point. Practically every car owner who compares rates for car insurance most likely will get a lower-priced policy. But Nevada vehicle owners must learn how the larger insurance companies calculate your car insurance rates and use this information to your advantage.
The are a couple different ways to compare rate quotes from many insurance companies in Nevada. The recommended way to find cheaper Volkswagen Beetle rates is simply to get online rate quotes. When comparing insurance rates, know that obtaining a wide range of quotes will improve the odds of getting better pricing.
The companies in the list below provide free rate quotes in Nevada. If multiple companies are listed, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.
Auto insurance in Nevada serves several purposes
Even though Las Vegas Beetle insurance rates can get expensive, auto insurance is a good idea for several reasons.
- The majority of states have minimum liability requirements which means state laws require specific minimum amounts of liability coverage 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.
- If your Volkswagen Beetle has a lienholder, it’s most likely the lender will make it a condition of the loan that you carry insurance to guarantee loan repayment. If you let the policy lapse, the bank or lender will purchase a policy for your Volkswagen at a much higher rate and make you pay for the expensive policy.
- Insurance safeguards your car and your assets. It also can pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will cover the repair costs.
The benefits of buying auto insurance greatly outweigh the cost, especially when you need to use it. But the average driver in Nevada overpays as much as $750 every year so we recommend shopping around at every renewal to save money.
Rate information and statistics
The information shown below outlines detailed analysis of prices for Volkswagen Beetle models. Having a better idea how insurance prices are calculated can aid in making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Beetle S 2-Dr Hatchback | $116 | $232 | $270 | $16 | $80 | $714 | $60 |
| Beetle 2-Dr Convertible | $152 | $274 | $210 | $12 | $62 | $710 | $59 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates considerably.
Physical damage deductible comparison
When shopping for car insurance, a common question is how high should the physical damage deductibles be. The data tables below show the price difference between low and high physical damage coverage deductibles. The first set of rates uses a $250 deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Beetle S 2-Dr Hatchback | $208 | $402 | $262 | $16 | $78 | $991 | $83 |
| Beetle 2-Dr Convertible | $268 | $472 | $204 | $12 | $60 | $1,041 | $87 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Beetle S 2-Dr Hatchback | $128 | $252 | $262 | $16 | $78 | $736 | $61 |
| Beetle 2-Dr Convertible | $166 | $298 | $204 | $12 | $60 | $740 | $62 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Estimates do not factor in garaging location in Las Vegas which can raise or lower auto insurance rates substantially.
Using the premium rates above, we can conclude that using a $250 deductible costs roughly $23 more each month or $276 for a full year than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 33 months between claim filings, you would probably be better off if you choose the higher deductible.
How to decide to raise your deductibles
| Average monthly premium for $250 deductibles: | $85 |
| Average monthly premium for $1,000 deductibles (subtract): | – $62 |
| Monthly savings from raising deductible: | $23 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $23 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 33 months |
One important caveat is that raising deductibles means you will have to pay more of your own money when you do file a claim. You need to have enough disposable savings in order to pay the deductible to have repairs made.
Cautious Las Vegas drivers save money
The illustration below highlights how speeding tickets and fender-benders impact Volkswagen Beetle insurance premiums for different insured age categories. The costs are based on a married female driver, full coverage, $500 deductibles, and no additional discounts are factored in.
Rate difference between full and liability-only coverage
The example below shows the difference between Volkswagen Beetle yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on a clean driving record, no claims, $1,000 deductibles, single marital status, and no discounts are factored in.
When to stop paying for full coverage
There is no written rule for phasing out physical damage coverage, but there is a guideline you can use. If the annual cost of coverage is 10% or more of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Volkswagen Beetle settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $2,000 after paying your policy deductible. If you are currently paying more than $200 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are some conditions where removing full coverage is not advised. If you haven’t satisfied your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Get cheap rates by getting these eight discounts
Companies don’t list all available discounts in a way that’s easy to find, so the following is a list of both the well known and the more hidden discounts that may be available.
- First Accident Forgiveness – This one isn’t a discount, but some insurance companies permit an accident before your rates go up so long as you haven’t had any claims for a specific time period.
- Good Student – A discount for being a good student could provide a savings of up to 20% or more. This discount can apply up until you turn 25.
- Clubs and Organizations – Being in a qualifying organization could qualify you for a break when shopping for car insurance.
- Discounts for New Vehicles – Adding a new car to your policy can save you some money since newer models are generally safer.
- Accident-Free Discounts – Drivers with accident-free driving histories can earn big discounts in comparison with frequent claim filers.
- Life Insurance Discount – Larger car insurance companies have better prices if you take out some life insurance too.
- Mature Driver Discount – Drivers that qualify as senior citizens may receive a slight reduction on a Las Vegas car insurance quote.
- Bundle and Save – If you combine your homeowners and auto policies and insure them both with the same insurance company they may give you a discount of up to 20% and get you inexpensive Volkswagen Beetle insurance in Las Vegas.
Discounts save money, but please remember that most discount credits are not given to the entire policy premium. A few only apply to individual premiums such as liability and collision coverage. If you do the math and it seems like you would end up receiving a 100% discount, car insurance companies aren’t that generous.
The chart below compares Volkswagen Beetle premium costs with and without discounts applied to the rates. The information is based on a female driver, no claims or driving violations, Nevada state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, safe-driver, claim-free, multi-policy, and homeowner discounts applied.
A partial list of companies that have most of the discounts above may include but are not limited to:
Before buying, ask all companies you are considering which discounts they offer. Discounts might not be offered on policies in Las Vegas.
Local Las Vegas insurance agencies
A lot of people just prefer to buy from a local agent and that is just fine! A good thing about comparing rates online is that you can find lower car insurance rates and also buy local.
After completing this form (opens in new window), your insurance coverage information is sent to local insurance agents in Las Vegas who can give free rate quotes and help you find cheaper coverage. You won’t even need to drive around because quoted prices will be sent to you instantly. You can most likely find cheaper rates and a licensed agent to work with. If you wish to get a price quote from a particular provider, feel free to navigate to their website to submit a rate quote request.
Picking the best insurer needs to be determined by more than just the quoted price. These are some questions your agent should answer.
- Will you get a loaner vehicle if you car is being repaired?
- Are they properly licensed to sell insurance in Nevada?
- Is assistance available after office hours?
- Are they giving you every discount you deserve?
- How long has their agency been open in Las Vegas?
- What companies can they write with?
- Will your rates increase after a single accident?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
Insurance agents can help
When quoting and choosing the best car insurance coverage for your personal vehicles, there really is not a one-size-fits-all type of policy. Your financial needs are unique and your car insurance should unique, too.
These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.
- How much liability insurance is required?
- Is coverage enough to protect my assets?
- Do I need PIP coverage since I have good health insurance?
- How can I get my company to pay me more for my totaled car?
- What can I do if my company denied a claim?
- Does rental coverage apply when I am renting a car?
- Is my Volkswagen Beetle covered for flood damage?
- Am I covered when delivering products for my home-based business?
- What is no-fault insurance?
If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.
Coverage specifics
Understanding the coverages of insurance helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the normal coverages found on the average insurance policy.
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Volkswagen Beetle.
Due to the fact that many Nevada drivers carry very low liability coverage limits (Nevada limits are 15/30/10), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.
Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for immediate expenses like rehabilitation expenses, hospital visits and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Liability coverages – This will cover injuries or damage you cause to people or other property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 15/30/10 that translate to $15,000 bodily injury coverage, a limit of $30,000 in injury protection per accident, and property damage coverage for $10,000.
Liability can pay for things like structural damage, bail bonds, emergency aid and pain and suffering. How much coverage you buy is up to you, but you should buy as high a limit as you can afford. Nevada requires minimum liability limits of 15/30/10 but drivers should carry more liability than the minimum.
The illustration below demonstrates why the minimum limit may not be adequate coverage.
Collision coverage – Collision coverage covers damage to your Beetle from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims like scraping a guard rail, damaging your car on a curb, rolling your car, colliding with a tree and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible on your Beetle in order to get cheaper collision rates.
Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as damage from getting keyed, damage from flooding, vandalism and hitting a deer. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Quote. Compare. Save.
Cheaper Volkswagen Beetle insurance in Las Vegas is possible online and with local Las Vegas insurance agents, so you should compare both to get a complete price analysis. Some insurance companies may not offer internet price quotes and many times these regional insurance providers provide coverage only through independent agencies.
In this article, we presented many tips how you can reduce Volkswagen Beetle insurance car insurance rates online in Las Vegas. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even be surprised to find that the lowest car insurance rates are with some of the smallest insurance companies. These smaller insurers may have significantly lower premium rates on certain market segments compared to the large companies like GEICO and State Farm.
Additional auto insurance information can be found on the following sites:
- Distracted Driving (Insurance Information Institute)
- What Auto Insurance is Cheapest for Handicapped Drivers in Las Vegas? (FAQ)
- Who Has Affordable Las Vegas Auto Insurance Rates with Multiple Speeding Tickets? (FAQ)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Collision Coverage (Liberty Mutual)
- Anti-Lock Brake FAQ (iihs.org)
- Auto Insurance FAQ (Farmers Insurance)