Smart shoppers know that car insurance companies don’t want their customers to go rate shopping. Consumers who shop around for a cheaper policy will presumably move their business because there is a significant possibility of finding lower prices. Surprisingly, a recent survey revealed that consumers who routinely compared quotes saved about $3,500 over four years compared to policyholders who don’t make a habit of comparing rates.
If finding discount rates on car insurance in Las Vegas is why you’re reading this, understanding how to compare cheaper coverage can save money and time.
If saving money is your primary concern, then the best way to get discount car insurance rates in Las Vegas is to compare prices regularly from companies that insure vehicles in Nevada.
First, gain an understanding of how insurance companies determine prices and the things you can control to keep rates low. Many things that increase rates like at-fault accidents, speeding tickets, and a substandard credit history can be eliminated by making lifestyle changes or driving safer. Later in this article we will cover more information to help reduce premium rates and get additional discounts.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from a single company like GEICO and Allstate, while agents who are independent can provide price quotes from many different companies. Click to view companies
Third, compare the quotes to your existing coverage to see if a cheaper rate is available in Las Vegas. If you can save money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, give notification to your current company to cancel your existing policy and submit the signed application along with the required initial payment to the new company. As soon as coverage is bound, place your new certificate verifying proof of insurance in your glove compartment.
A good piece of advice is that you’ll want to make sure you compare identical coverage information on each quote and and to get rates from as many companies as feasibly possible. Doing this helps ensure an apples-to-apples comparison and a thorough price selection.
Cheap companies for Chevy Equinox insurance in Nevada
The companies in the list below are ready to provide free quotes in Las Vegas, NV. To find cheap auto insurance in Las Vegas, we suggest you click on several of them to find the most affordable car insurance rates.
Statistics and details
The coverage table displayed next highlights a range of insurance policy prices for Chevy Equinox models. Learning more about how insurance quotes are determined can benefit drivers when making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $260 | $550 | $372 | $22 | $112 | $1,316 | $110 |
| Equinox LT 2WD | $260 | $550 | $372 | $22 | $112 | $1,316 | $110 |
| Equinox LS AWD | $260 | $550 | $372 | $22 | $112 | $1,316 | $110 |
| Equinox LT AWD | $260 | $550 | $372 | $22 | $112 | $1,316 | $110 |
| Equinox LTZ 2WD | $294 | $648 | $372 | $22 | $112 | $1,448 | $121 |
| Equinox LTZ AWD | $294 | $648 | $372 | $22 | $112 | $1,448 | $121 |
| Equinox LTZ AWD | $294 | $648 | $372 | $22 | $112 | $1,448 | $121 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Premium costs do not factor in specific location which can affect premium rates greatly.
Analysis of deductible levels
When comparing car insurance rates, the most common question is which deductible level should you buy. The figures shown below may help to conceptualize the difference in cost between high and low physical damage deductibles. The first rate comparisons uses a $250 physical damage coverage deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $238 | $402 | $308 | $18 | $92 | $1,083 | $90 |
| Equinox LT 2WD | $238 | $402 | $308 | $18 | $92 | $1,083 | $90 |
| Equinox LS AWD | $238 | $402 | $308 | $18 | $92 | $1,083 | $90 |
| Equinox LT AWD | $238 | $402 | $308 | $18 | $92 | $1,083 | $90 |
| Equinox LTZ 2WD | $268 | $472 | $308 | $18 | $92 | $1,183 | $99 |
| Equinox LTZ AWD | $268 | $472 | $308 | $18 | $92 | $1,183 | $99 |
| Equinox LTZ AWD | $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 |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $194 | $324 | $308 | $18 | $92 | $936 | $78 |
| Equinox LT 2WD | $194 | $324 | $308 | $18 | $92 | $936 | $78 |
| Equinox LS AWD | $194 | $324 | $308 | $18 | $92 | $936 | $78 |
| Equinox LT AWD | $194 | $324 | $308 | $18 | $92 | $936 | $78 |
| Equinox LTZ 2WD | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| Equinox LTZ AWD | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| Equinox LTZ AWD | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Rate information does not factor in specific garaging location which can alter coverage prices significantly.
Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $13 more each month or $156 annually averaged for all Equinox models than requesting the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 19 months between claims, you would probably save some money if you choose a higher deductible. Here is how this determination is made.
| Average monthly premium for $250 deductibles: | $94 |
| Average monthly premium for $500 deductibles (subtract): | – $81 |
| Monthly savings from raising deductible: | $13 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $13 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
One thing to note is that raising deductibles to save money means you will have to pay more out-of-pocket when you file a claim. You will want to have some available funds in the event you have to pay the deductible for vehicle repair.
Chevrolet Equinox insurance rates by age and gender
The information below shows the comparison of Chevy Equinox insurance rates for male and female drivers. The rates are based on a clean driving record, no claims, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Affordable Chevy Equinox insurance rates in Las Vegas
Insuring your fleet can be pricey, but you might already qualify for some discounts that you may not even know about. Most are applied when you purchase, but some need to be asked about before you will receive the discount.
- Military Discounts – Having an actively deployed family member could mean lower prices.
- Discount for New Cars – Buying a new car model is cheaper since new model year vehicles have better safety ratings.
- Discounts for Government Workers – Being employed by or retired from a federal job may qualify for a discount when you quote Las Vegas auto insurance with a few auto insurance companies.
- Discount for Multiple Policies – If you can bundle your home and auto insurance and insure them both with the same insurance company you could earn a discount of up to 20% off your total Equinox insurance premium.
- Passive Restraints and Air Bags – Options like air bags or automatic seat belts can qualify for discounts of 20% or more.
- Distant Student Discount – Older children who live away from home to go to college and leave their car at home may qualify for this discount.
Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, you aren’t that lucky.
The chart below illustrates the difference between Chevy Equinox insurance costs with and without some available policy discounts. The rate quotes are based on a female driver, no claims or driving citations, Nevada state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, claim-free, homeowner, and safe-driver discounts applied.
If you would like to choose from a list of auto insurance companies with the best discounts in Nevada, click here to view.
Tailor your insurance coverage to you
Always keep in mind that when comparing coverage, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that may help you determine if your situation may require specific advice.
- Does my personal policy cover me when driving out-of-state?
- How can I get the company to pay a claim?
- Do I need an umbrella policy?
- Is water damage covered by my policy?
- How does medical payments coverage work?
- Does low annual mileage earn a discount?
- Should I buy more coverage than the required Nevada minimum liability coverage?
- I have health insurance so do I need medical payments coverage?
- Am I covered if I back into my garage door?
If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can help protect your family.
Compare rates but buy from a local Las Vegas insurance agent
Some people would prefer to sit down with an agent and that can be a smart move Experienced insurance agents can help you build your policy and give you someone to call. One of the benefits of comparing rate quotes online is that you can obtain better rates but also keep your business local. Supporting local insurance agents is important especially in Las Vegas.
To find an agent, once you fill out this simple form, the coverage information is instantly submitted to local insurance agents who will give you bids for your coverage. There is no reason to leave your computer due to the fact that quote results will go to you directly. In the event you want to quote rates from a specific insurance provider, feel free to go to their quote page and submit a quote form there.
When narrowing the list to find a local agent, it helps to know the two different types of agencies and how they work. Agents in Las Vegas are considered either independent agents or exclusive agents. Both types can insure your vehicles, but it’s important to point out the difference between them since it could factor into which type of agent you select.
Independent Insurance Agents
Agents of this type are not required to write business for one company so they can write business with multiple insurance companies and help determine which has the cheapest rates. To move your coverage to a new company, your agent can switch companies and you don’t have to do anything.
If you are comparing insurance prices, we recommend you check rates from a couple of independent agencies so that you have a good selection of quotes to compare. They also have the ability to place coverage with smaller regional carriers who may have lower rates.
Below is a partial list of independent agents in Las Vegas who may provide price quotes.
- Red Rock Insurance
1958 Village Center Cir #5 – Las Vegas, NV 89134 – (702) 733-0330 – View Map - A Dependable Insurance Agency
7150 N Durango Dr #130 – Las Vegas, NV 89149 – (702) 880-9000 – View Map - Omega Insurance Brokerage
3301 W Spring Mountain Rd – Las Vegas, NV 89102 – (702) 685-0170 – View Map
Exclusive Insurance Agencies
Exclusive insurance agents can only place business with one company and examples are Allstate and State Farm. They generally cannot shop your coverage around so it’s a take it or leave it situation. These agents are very knowledgeable on sales techniques which helps overcome the inability to quote other rates. Drivers often choose to use an exclusive agent mostly because of the brand legacy and strong financial ratings.
Listed below is a list of exclusive agencies in Las Vegas that are able to give rate quotes.
- Marivic Macabasco – State Farm Insurance Agent
1096 E Sahara Ave #207 – Las Vegas, NV 89104 – (702) 892-9908 – View Map - Luria Walker – State Farm Insurance Agent
3124 N Rainbow Blvd – Las Vegas, NV 89108 – (702) 645-3300 – View Map - GEICO Insurance Agent
3315 W Craig Rd #110 – North Las Vegas, NV 89032 – (702) 643-0057 – View Map
Selecting an auto insurance agent is decision based upon more than just the bottom line cost. Any agent in Las Vegas should be forthright in answering these questions:
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Is the agent and/or agency licensed to do business in Nevada?
- How are they compensated?
- How much can you save by raising your physical damage deductibles?
- How often do they review policy coverages?
Quote. Compare. Save.
Cheaper auto insurance in Las Vegas is possible on the web and also from your neighborhood Las Vegas agents, and you should compare price quotes from both to get a complete price analysis. Some auto insurance companies may not have the ability to get a quote online and many times these small, regional companies sell through independent agents.
Drivers who switch companies do it for any number of reasons including delays in paying claims, not issuing a premium refund, poor customer service and high rates after DUI convictions. Regardless of your reason for switching companies, finding a new company is not as difficult as it may seem.
When you buy Las Vegas auto insurance online, do not buy poor coverage just to save money. There have been many cases where an accident victim reduced full coverage to discover at claim time that the small savings ended up costing them much more. Your aim should be to purchase a proper amount of coverage at the best possible price while still protecting your assets.
To read more, feel free to browse the resources below:
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Who Has Cheap Las Vegas Auto Insurance After a Speeding Ticket? (FAQ)
- Who Has the Cheapest Auto Insurance for 16 Year Olds in Las Vegas? (FAQ)
- Who Has Affordable Auto Insurance for Government Employees in Las Vegas? (FAQ)
- Who Has the Cheapest Auto Insurance for a Toyota RAV4 in Las Vegas? (FAQ)
- What Auto Insurance is Cheapest for Welfare Recipients in Las Vegas? (FAQ)
- Teen Driver Statistics (Insurance Information Institute)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Auto Insurance for Teen Drivers (Insurance Information Institute)