Car Insurance Rate Quotes for a Volkswagen Eos in Las Vegas

It takes a few minutes, but the best way to get cheaper car insurance rates is to do an annual price comparison from insurers in Las Vegas.

Step 1: Learn about what coverages are included in your policy and the factors you can control to keep rates low. Many risk factors that result in higher prices like speeding tickets, accidents and a negative credit score can be improved by making small lifestyle or driving habit changes.

Step 2: Request rate estimates from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from one company like Progressive or Farmers Insurance, while independent agents can provide prices for a wide range of insurance providers.

Step 3: Compare the quotes to your current policy premium to determine if you can save on Eos insurance. If you can save some money, make sure there is no lapse in coverage.

The most important part of shopping around is that you’ll want to compare similar limits and deductibles on each price quote and and to get quotes from as many different companies as possible. This helps ensure an apples-to-apples comparison and a complete rate analysis.

It’s safe to assume that car insurance companies don’t want you comparing rates. Drivers who compare rates once a year will presumably buy a new policy because of the good chance of finding coverage at a more affordable price. A recent car insurance study revealed that people who routinely shopped for cheaper coverage saved as much as $70 a month compared to other drivers who never shopped for cheaper rates.

If finding the cheapest price for Volkswagen Eos insurance in Las Vegas is your ultimate objective, then having some insight into how to get price quotes and compare car insurance can help simplify the process.

Companies offering Volkswagen Eos insurance in Nevada

The following companies have been selected to offer price quotes in Nevada. To buy cheap car insurance in NV, it’s a good idea that you visit two to three different companies in order to find the lowest rates.

Car insurance statistics for a Volkswagen Eos

The coverage information below highlights detailed analysis of prices for Volkswagen Eos models. Having a better understanding of how auto insurance policy rates are formulated can help drivers make smart choices when comparing insurance rates.

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Rates do not factor in specific location information which can revise premiums considerably.

Volkswagen Eos insurance rates: Men versus women

The diagram below illustrates the difference between Volkswagen Eos premium costs for male and female drivers. The costs are based on no violations or claims, comp and collision included, $1,000 deductibles, drivers are single, and no discounts are applied.

Do you need full coverage?

The chart below shows the comparison of Volkswagen Eos car insurance costs with and without physical damage coverage. The rates are based on no claims, a clean driving record, $100 deductibles, single marital status, and no additional discounts are factored in.

When to stop buying full coverage

There is no definitive guideline for eliminating comp and collision coverage, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

For example, let’s pretend your Volkswagen Eos claim settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $4,000 after the deductible is paid. If premium cost is more than $400 annually to have full coverage, then you might consider buying liability only.

There are a few situations where dropping full coverage is not in your best interest. If you still have a loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.

Earn discounts to get lower-cost Las Vegas insurance rates

Car insurance companies don’t always list every discount available very clearly, so we break down both well-publicized and the more hidden credits available to bring down your rates.

• College Student – Children who are enrolled in higher education away from home and do not take a car to college can be insured at a reduced rate.
• Theft Deterrent Discount – Vehicles that have factory anti-theft systems are less likely to be stolen and will qualify for a discount on a Las Vegas auto insurance quote.
• Active Service Discounts – Being on active duty in the military could trigger a small discount.
• ABS Braking Discount – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
• Discounts for Good Drivers – Drivers without accidents may receive a discount up to 45% compared to accident prone drivers.
• Payment Method – If you can afford to pay the entire bill as opposed to paying monthly you may reduce your total bill.
• Own a Home and Save – Just being a homeowner can save a few bucks because of the fact that having a home is proof of financial responsibility.

Don’t be surprised that most discount credits are not given to the entire cost. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think all those discounts means the company will pay you, company stockholders wouldn’t be very happy. But any discount will lower the premium cost.

The information below visualizes the comparison of Volkswagen Eos insurance rates with and without discounts applied to the premium. The data is based on a female driver, no accidents, no driving violations, Nevada state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-policy, multi-car, safe-driver, and claim-free discounts applied.

A list of companies and some of the premium reductions they offer are shown below.

• American Family offers discounts including air bags, multi-vehicle, mySafetyValet, accident-free, bundled insurance, Steer into Savings, and defensive driver.
• Farm Bureau includes discounts for 55 and retired, driver training, good student, multi-vehicle, youthful driver, and renewal discount.
• State Farm has savings for Steer Clear safe driver discount, accident-free, defensive driving training, multiple autos, good driver, anti-theft, and passive restraint.
• Travelers offers premium reductions for save driver, driver training, hybrid/electric vehicle, student away at school, IntelliDrive, good student, and new car.
• The Hartford discounts include anti-theft, driver training, good student, defensive driver, and vehicle fuel type.
• GEICO may offer discounts for seat belt use, emergency military deployment, five-year accident-free, multi-policy, and federal employee.
• Progressive has discounts for multi-policy, good student, online quote discount, continuous coverage, multi-vehicle, homeowner, and online signing.

If you need inexpensive Las Vegas auto insurance quotes, ask all the companies how you can save money. Some of the discounts discussed earlier may not apply to policyholders in Las Vegas. If you would like to view providers that offer discounts in Nevada, click this link.

You are unique and your car insurance should be too

When quoting and comparing adequate coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine whether you would benefit from professional advice.

• When does my teenage driver need to be added to my policy?
• When would I need rental car insurance?
• Is my cargo covered for damage or theft?
• Should I drop comprehensive coverage on older vehicles?
• Why am I required to buy liability insurance?
• What is motorclub and do I need it?
• Do I need to call my car insurance company before buying a new car?
• Am I covered while delivering pizza?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Exclusive versus independent auto insurance agents

Some people just prefer to visit with an insurance agent and that is OK! Licensed agents are highly skilled in risk management and give you someone to call. One of the benefits of comparing insurance prices online is that drivers can save money and get cheap rate quotes and still have an agent to talk to. Buying from neighborhood agents is important particularly in Las Vegas.

For easy comparison, once you complete this form (opens in new window), your insurance coverage information is transmitted to local insurance agents who will give you quotes for your insurance coverage. You don’t have to contact any insurance agencies due to the fact that quote results will go to you directly. If you want to get a rate quote from a specific auto insurance provider, just search and find their rate quote page and complete a quote there.

Choose an insurance agent wisely

If you are searching for a reliable agent, you must know there are a couple different types of agencies and how they function. Agents are either independent agents or exclusive agents depending on their employer. Either one can handle auto insurance, but it’s good to learn how they differ because it can influence your selection of an agent.

Independent Auto Insurance Agencies

These type of agents do not sell for just one brand so they have the ability to put coverage through many different auto insurance companies and get the cheapest rates. If they find a lower price, the business is moved internally and you don’t have to find a new agent. When comparing rates, we highly recommend that you contact several independent agencies so that you have a good selection of quotes to compare.

Shown below are Las Vegas independent agencies who may provide cheap rate quotes.

View more agents

Exclusive Agents

Agents in the exclusive channel have only one company to place business with and some examples include State Farm, AAA, and Liberty Mutual. These agents are unable to provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. They are well schooled on sales techniques which helps them sell insurance even at higher premiums.

The following are Las Vegas exclusive agents that can give you comparison quotes.

View more agents

Selecting an insurance agency requires you to look at more than just the price. Any agent in Las Vegas should be forthright in answering these questions:

• Where would your vehicle be repaired?
• How is replacement cost determined on your vehicle?
• Which companies do they recommend if they are an independent agency?
• How are they compensated?
• Do they assist clients in filing claims?
• What insurance companies do they work with in Las Vegas?
• What company do they have the most business with?

Auto insurance coverage breakdown

Knowing the specifics of a auto insurance policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Auto liability insurance

This coverage will cover damage or injury you incur to other’s property or people. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 15/30/10 which means $15,000 in coverage for each person’s injuries, a limit of $30,000 in injury protection per accident, and $10,000 of coverage for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things like repair costs for stationary objects, medical expenses, repair bills for other people’s vehicles and legal defense fees. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Nevada state law requires minimum liability limits of 15/30/10 but you should consider buying higher limits.

The illustration below demonstrates why the minimum limit may not provide adequate coverage.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, hitting a deer and fire damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto collision coverage

This will pay to fix damage to your Eos resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like driving through your garage door, colliding with another moving vehicle, sustaining damage from a pot hole and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible on your Eos to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required (15/30/10 in Nevada), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like EMT expenses, hospital visits, prosthetic devices and pain medications. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states and may carry a deductible

Cheap car insurance rates are out there

When buying insurance coverage, you should never reduce coverage to reduce premium. There are many occasions where drivers have reduced full coverage and learned later that the small savings ended up costing them much more. The proper strategy is to buy the best coverage you can find at the best price, not the least amount of coverage.

We covered many tips how you can get a better price on Volkswagen Eos insurance in Las Vegas. It’s most important to understand that the more price quotes you have, the higher your chance of finding low cost Las Vegas auto insurance quotes. Consumers could even find that the lowest premium rates are with the least-expected company.

Insureds leave their current company for a variety of reasons including lack of trust in their agent, extreme rates for teen drivers, questionable increases in premium and even policy non-renewal. Regardless of your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

For more information, feel free to browse these articles:

• Alcohol Impaired Driving FAQ (iihs.org)
• Who Has the Cheapest Auto Insurance for a Honda CR-V in Las Vegas? (FAQ)
• Who Has the Cheapest Auto Insurance for 16 Year Olds in Las Vegas? (FAQ)
• How Much are Car Insurance Quotes for Drivers Over Age 60 in Las Vegas? (FAQ)
• Who Has the Cheapest Las Vegas Auto Insurance Rates for Drivers with a DUI? (FAQ)
• Who Has Cheap Auto Insurance Quotes for a Toyota Highlander in Las Vegas? (FAQ)
• How Much is Las Vegas Auto Insurance for Drivers with a Bad Driving Record? (FAQ)
• What is Gap Insurance? (Insurance Information Institute)
• Understanding Limits and Deductibles (Allstate)
• Your Car has been Stolen: Now What? (Allstate)