The best way to get the cheapest Land Rover LR2 insurance is to start comparing prices regularly from insurers who sell auto insurance in Las Vegas. Price quotes can be compared by following these steps.
Step 1: Get a basic knowledge of how your policy works and the steps you can take to keep rates down. Many rating factors that drive up the price like accidents, careless driving, and an imperfect credit score can be controlled by improving your driving habits or financial responsibility.
Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO or Farmers Insurance, while independent agents can quote prices from multiple sources.
Step 3: Compare the new rate quotes to your existing policy and determine if cheaper LR2 coverage is available. If you find a lower rate quote and decide to switch, ensure there is no coverage lapse between policies.
The most important part of shopping around is to try to use similar deductibles and liability limits on each quote and and to look at as many different companies as possible. Doing this ensures a fair rate comparison and many rates to choose from.
Amazingly, a recent NerdWallet.com study showed that most insurance customers kept their coverage with the same insurance company for at least four years, and almost 40% of drivers have never compared rates from other carriers. With the average insurance premium being $1,600, Nevada drivers could save $550 each year by just comparing rate quotes, but they don’t want to spend time to go online and compare rates.
If you have a policy now or are looking for a new policy, use these tips to reduce the price you pay while maximizing coverage. Comparison shopping for the best-priced coverage in Las Vegas is not as time-consuming as you think. Consumers just need to understand the most efficient way to compare company rates online from multiple companies.
Compare Las Vegas Land Rover LR2 insurance price quotes
The auto insurance companies shown below are ready to provide comparison quotes in Las Vegas, NV. If your goal is to find cheaper auto insurance in Nevada, we suggest you visit several of them in order to get a fair rate comparison.
Facts and figures for Land Rover LR2 insurance
The price information shown next outlines detailed analysis of prices for Land Rover LR2 models. Being able to understand how prices are established can be valuable when making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LR2 | $258 | $464 | $324 | $20 | $96 | $1,162 | $97 |
| LR2 HSE | $258 | $464 | $324 | $20 | $96 | $1,162 | $97 |
| LR2 HSE Luxury | $258 | $464 | $324 | $20 | $96 | $1,162 | $97 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Price estimates do not factor in specific garaging location which can decrease or increase prices considerably.
How high should deductibles be?
One frequently asked question is how low should you set your deductibles. The rates shown below can help show the price difference between high and low comp and collision deductibles. The first data set uses a $250 deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LR2 | $300 | $472 | $308 | $18 | $92 | $1,215 | $101 |
| LR2 HSE | $300 | $472 | $308 | $18 | $92 | $1,215 | $101 |
| LR2 HSE Luxury | $300 | $472 | $308 | $18 | $92 | $1,215 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LR2 | $244 | $382 | $308 | $18 | $92 | $1,044 | $87 |
| LR2 HSE | $244 | $382 | $308 | $18 | $92 | $1,044 | $87 |
| LR2 HSE Luxury | $244 | $382 | $308 | $18 | $92 | $1,044 | $87 |
| Get Your Own Custom Quote Go | |||||||
Prices based on 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. Table data does not factor in specific Las Vegas garaging location which can modify insurance rates significantly.
Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $14 more each month or $168 for a full year averaged for all LR2 models than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 18 months between claim filings, you would more than likely save some money if you opt for a higher deductible.
The example below highlights how deductible choice and can increase or decrease Land Rover LR2 annual premium costs for different categories of driver ages. The rate quotes are based on a married female driver, comprehensive and collision coverage, and no discounts are applied.
Best reasons to buy insurance in Nevada
Despite the high cost of buying insurance for a Land Rover LR2 in Las Vegas, insurance is required for several reasons.
- Most states have mandatory insurance requirements which means the state requires a specific level of liability if you want to drive 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 vehicle has a loan, most lenders will make it a condition of the loan that you have insurance to guarantee their interest in the vehicle. If you let the policy lapse, the bank or lender will purchase a policy for your Land Rover for a much higher rate and force you to pay a much higher amount than you were paying before.
- Insurance protects both your assets and your Land Rover. It will also cover hospital and medical expenses for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your insurance policy will pay to repair the damage.
The benefits of insuring your car more than offset the price you pay, particularly when you have a large claim. As of last year, the average driver in Nevada overpays as much as $810 a year so it’s recommended you shop around each time the policy renews to make sure the price is not too high.
How to Lower Your Insurance Rates
Lots of things are used in the calculation when pricing auto insurance. Some are pretty understandable such as your driving record, but other criteria are less apparent such as your credit history and annual miles driven.
The itemized list below are some of the major factors used by your company to calculate your rate level.
Save money by having high credit – A driver’s credit score is a large factor in determining premium rates. People with high credit scores tend to be more responsible than those with worse credit. If your credit rating leaves room for improvement, you could potentially save money when insuring your Land Rover LR2 if you clean up your credit.
Discounts for auto and home policies – Most larger insurance companies apply a discount to buyers who consolidate policies with them, otherwise known as a multi-policy discount. Even if you already get this discount, it’s in your best interest to comparison shop to help guarantee you have the best rates.There is a good possibility that you can save more without the discount by buying from different companies
Prices are impacted by vehicle performance – The make and model of the vehicle you need insurance for makes a huge difference in your auto insurance rates. Economy passenger models usually have the lowest premiums, but many other things help determine your insurance rates.
The data below uses these assumptions: single male driver age 50, full coverage with $100 deductibles, and no discounts or violations. It shows Land Rover LR2 policy rates compared to other models that have a range of performance rating factors.
Drive lots and pay more – The higher the miles on your Land Rover every year the more you will pay for insurance. A lot of companies price each vehicle’s coverage partially by how you use the vehicle. Cars that are left in the garage receive better premium rates than cars that get driven a lot. Ask your agent if your insurance policy is rated on the correct usage. Having an incorrect usage rating on your LR2 may be costing you.
Bad driving means higher costs – Having a clean driving record has a lot to do with how much you pay for insurance. Careful drivers get better prices as compared to those with violations. Just one driving citation can increase rates by twenty percent. People who have dangerous violations like DUI or willful reckless driving may face state-mandated requirements to submit a SR-22 or proof of financial responsibility with their state DMV in order to legally drive a vehicle.
The information below demonstrates how traffic citations and accidents can drive up Land Rover LR2 insurance rates for different categories of driver ages. The premiums are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.
Insurance loss data for Land Rover LR2 vehicles – Insurance companies factor in historical loss data as a tool for profitable underwriting. Vehicles that historically have higher claim amounts or frequency will have a higher cost to insure. The table shown below demonstrates the insurance loss data used by companies for Land Rover LR2 vehicles.
For each insurance policy coverage type, the claim probability for all vehicles averaged together is a value of 100. Values under 100 indicate better than average losses, while numbers above 100 indicate frequent claims or an increased probability of a larger loss.
| Specific Land Rover Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Land Rover LR2 4dr 4WD | 115 | 162 | 99 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Car insurance discounts are available to get cheap rates
Car insurance is not inexpensive, but there’s a good chance there are discounts that many people don’t even know exist. Most are applied when you complete an application, but some need to be asked for in order for you to get them.
- Discounts for Government Workers – Employees or retirees of the government can save as much as 8% depending on your car insurance provider.
- No Claims – Las Vegas drivers who stay claim-free pay less as opposed to accident-prone drivers.
- Early Signing – A few car insurance companies give discounts for signing up before your current expiration date. The savings is around 10%.
- ABS Braking Discount – Vehicles with anti-lock braking systems have fewer accidents so companies give up to a 10% discount.
- Defensive Driver Discount – Completing a safe driver class is a good idea and can lower rates and easily recoup the cost of the course.
- Discounts for Multiple Vehicles – Buying a policy with multiple vehicles with the same car insurance company can get a discount for every vehicle.
- Anti-theft Discount – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and will qualify for a discount on a Las Vegas car insurance quote.
- Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you can avoid monthly service charges.
- Good Students Pay Less – This discount could provide a savings of up to 20% or more. Most companies allow this discount until age 25.
Keep in mind that most credits do not apply to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. So even though it sounds like having all the discounts means you get insurance for free, it just doesn’t work that way.
The information below illustrates the comparison of Land Rover LR2 insurance costs with and without discounts applied. The premiums are based on a male driver, a clean driving record, no claims, Nevada state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, multi-car, safe-driver, homeowner, and marriage discounts applied.
Large car insurance companies and some of the discounts can be read below.
- Progressive has discounts for continuous coverage, multi-policy, homeowner, online quote discount, and good student.
- Farmers Insurance offers discounts for youthful driver, bundle discounts, teen driver, distant student, alternative fuel, and good student.
- Farm Bureau offers discounts including 55 and retired, renewal discount, multi-vehicle, multi-policy, youthful driver, and safe driver.
- State Farm offers premium reductions for good driver, good student, safe vehicle, passive restraint, multiple autos, and student away at school.
- GEICO policyholders can earn discounts including anti-lock brakes, five-year accident-free, seat belt use, multi-policy, and anti-theft.
- SAFECO may offer discounts for teen safety rewards, accident prevention training, bundle discounts, teen safe driver, safe driver, drive less, and anti-theft.
- Liberty Mutual has savings for new graduate, exclusive group savings, new vehicle discount, safety features, preferred payment discount, and new move discount.
If you need the cheapest Land Rover LR2 rate quotes, ask each company or agent which discounts they offer. All car insurance discounts may not be available in every state. To find car insurance companies with significant discounts in Nevada, click this link.
Buying from insurance agents
Some people just want to sit down with an agent and that is recommended in a lot of cases Most agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of comparing rate quotes online is that you can find cheap auto insurance rates and still have a local agent.
By using this quick form, your insurance data is immediately sent to companies in Las Vegas that can provide free Las Vegas car insurance quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to drive around since price quotes are sent immediately to you. In the event you want to get a comparison quote from a specific auto insurance provider, you would need to visit that company’s website and submit a quote form there.
Choosing the best provider needs to be determined by more than just the quoted price. Here are some questions you should ask.
- Is the agent CPCU or CIC certified?
- How long has their agency been in business in Las Vegas?
- If you are a high risk driver, do they have special markets for your coverage?
- Is there a Errors and Omissions policy in force?
- Does the company have a local claim office in Las Vegas?
- What are the financial ratings for the companies they represent?
- Can you get a list of referrals?
How to choose the best auto insurance agent in Las Vegas
If you want to buy auto insurance from a reliable insurance agent, you need to know there are two types of agencies that you can choose from. Auto insurance agents in Las Vegas are classified as either exclusive or independent (non-exclusive). Either type can properly insure your vehicles, but it’s good to learn how they are different since it may influence the kind of agent you use.
Exclusive Agencies
Exclusive agencies write business for a single company such as Allstate and State Farm. They usually cannot compare rates from other companies so if the price isn’t competitive there isn’t much they can do. They receive a lot of sales training in insurance sales and that allows them to sell at a higher price point. Consumers frequently use the same exclusive agent primarily because of the brand name and strong financial ratings.
Listed below are Las Vegas exclusive agents willing to provide comparison quotes.
- Andy Ballagh – State Farm Insurance Agent
7455 W Azure Dr Suite 110 – Las Vegas, NV 89130 – (702) 562-7504 – View Map - Marivic Macabasco – State Farm Insurance Agent
1096 E Sahara Ave #207 – Las Vegas, NV 89104 – (702) 892-9908 – View Map - Farmers Insurance – Nino Jimenez
3375 Glen Ave #10 – Las Vegas, NV 89121 – (702) 696-1606 – View Map
Independent Auto Insurance Agencies
Independent insurance agents do not write with just one company so as a result can place your coverage with multiple insurance companies and find the cheapest auto insurance rates. If prices rise, the business is moved internally and you don’t have to switch agencies.
When comparison shopping, we recommend you compare quotes from several independent agencies to get the most accurate price comparison. They often place coverage with small mutual carriers that many times have cheaper rates.
Shown below is a short list of independent agencies in Las Vegas that are able to give comparison quotes.
- Leavitt Group – Leavitt Insurance Agency
7881 W Charleston Blvd #140 – Las Vegas, NV 89117 – (702) 382-4010 – View Map - Invest America Insurance LLC
6190 W Charleston Blvd – Las Vegas, NV 89146 – (702) 685-3888 – View Map - Las Vegas Auto Insurance
1953 N Decatur Blvd – Las Vegas, NV 89108 – (702) 570-5777 – View Map
Cheap car insurance premiums are possible
We’ve covered some good ideas how to get a better price on Land Rover LR2 insurance in Las Vegas. The key thing to remember is the more rate comparisons you have, the higher your chance of finding affordable Las Vegas car insurance quotes. Consumers could even find that the biggest savings come from the smaller companies.
When shopping online for car insurance, you should never skimp on coverage in order to save money. There have been many cases where an insured dropped full coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage at the lowest possible cost, but do not skimp to save money.
Cheaper car insurance in Las Vegas can be sourced online in addition to local insurance agencies, and you should be comparing both so you have a total pricing picture. Some car insurance companies may not offer internet price quotes and usually these smaller providers prefer to sell through local independent agencies.
Additional learning opportunities
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Who Has Cheap Las Vegas Car Insurance Rates for Police Officers? (FAQ)
- Who Has Cheap Auto Insurance for 19 Year Olds in Las Vegas? (FAQ)
- Who Has Cheap Car Insurance Quotes for Low Credit Scores in Las Vegas? (FAQ)
- What Car Insurance is Cheapest for a Toyota Tacoma in Las Vegas? (FAQ)
- Who Has the Cheapest Las Vegas Car Insurance Quotes for a Learners Permit? (FAQ)
- How Much is Auto Insurance for Drivers Under 21 in Las Vegas? (FAQ)
- Safety Belts FAQ (iihs.org)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- A Tree Fell on Your Car: Now What? (Allstate)
- Tread Depth and Tire Safety (State Farm)