Having to pay for expensive insurance in Las Vegas can stress out your budget and make it impossible to make ends meet. Doing a price comparison is recommended to ensure you are getting the best deal.
Everyone knows that car insurance companies don’t want their policyholders to compare prices. Consumers who shop around for better prices will most likely switch to a new company because of the high probability of finding a policy with better rates. A recent study showed that drivers who made a habit of comparing rate quotes saved an average of $72 a month compared to people who don’t regularly compare prices.
If finding low prices for insurance in Las Vegas is your objective, then having some insight into how to find companies and compare auto insurance can make shopping around easier.
Numerous car insurance companies battle for your business, and it can be difficult to compare rates to get the lowest cost out there.
If you are paying for car insurance now, you will most likely be able to buy cheaper insurance using the ideas covered in this article. Locating the most cost-effective insurance policy in Las Vegas is really quite easy. Nevertheless, Nevada car owners must learn how big insurance companies charge you for coverage because it can help you find the best coverage.
How to buy Volvo XC90 insurance online
When quoting insurance, remember that comparing more rates from different companies helps increase your odds of locating a lower rate than you’re paying now. Not every company does online rate quotes, so it’s recommended that you also compare price quotes from the smaller companies as well.
The companies shown below are ready to provide free rate quotes in Nevada. If you want to find the best cheap auto insurance in Las Vegas, we suggest you visit several of them to get the lowest price.
These eight discounts can slash Volvo XC90 insurance rates
Insuring your vehicles can cost a lot, but there may be some discounts to help bring down the price. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be asked about prior to getting the savings. If they aren’t giving you every credit available, you are just wasting money.
- Paperwork-free – Many insurance companies give back up to $50 get Las Vegas auto insurance over the internet.
- Buy New and Save – Insuring a vehicle that is new can save you some money since new vehicles are generally safer.
- Senior Citizen Rates – Drivers that qualify as senior citizens may be able to get a discount up to 10%.
- No Claims – Las Vegas drivers who stay claim-free pay much less when compared to accident-prone drivers.
- Multi-car Discount – Having several vehicles with one company can reduce the rates for all insured vehicles.
- Pay Now and Pay Less – If you pay your bill all at once rather than spreading payments over time you may have a lower total premium amount.
- Government Employee Discount – Having worked for a branch of the government can earn a discount up to 10% with some insurance companies.
- Resident Student – Kids living away from Las Vegas attending college and won’t have access to an insured vehicle can be insured at a reduced rate.
It’s important to note that many deductions do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though the math looks like you can get free auto insurance, it doesn’t quite work that way.
The example below shows the comparison of Volvo XC90 insurance costs with and without discounts applied to the rates. The premium estimates are based on a male driver, no tickets, no at-fault accidents, Nevada state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, safe-driver, multi-policy, and claim-free discounts applied.
Companies and some of the premium reductions they offer include:
- GEICO offers discounts including federal employee, multi-vehicle, seat belt use, air bags, and daytime running lights.
- Travelers policyholders can earn discounts including new car, home ownership, driver training, multi-policy, good student, save driver, and hybrid/electric vehicle.
- Nationwide offers premium reductions for Farm Bureau membership, multi-policy, accident-free, business or organization, and anti-theft.
- Farmers Insurance discounts include good student, homeowner, youthful driver, early shopping, mature driver, and pay in full.
- Esurance may include discounts for multi-policy, paid-in-full, online quote, anti-lock brakes, homeowner, and safety device.
- State Farm has discounts for defensive driving training, driver’s education, student away at school, multiple autos, and good driver.
- Progressive may offer discounts for homeowner, online signing, multi-vehicle, online quote discount, multi-policy, and good student.
- Mercury Insurance offers discounts for good student, professional/association, low natural disaster claims, age of vehicle, anti-theft, multi-policy, and good driver.
Check with each insurance company the best way to save money. A few discounts might not be offered in Las Vegas. If you would like to see a list of providers that provide some of the discounts listed above in Las Vegas, click here.
Volvo XC90 insurance rate analysis
The price information displayed next outlines estimates of coverage costs for Volvo XC90 models. Being able to understand how rates are determined can help you make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $332 | $694 | $416 | $24 | $124 | $1,590 | $133 |
| XC90 3.2 R-Design 2WD | $332 | $694 | $416 | $24 | $124 | $1,590 | $133 |
| XC90 3.2 AWD | $370 | $800 | $416 | $24 | $124 | $1,734 | $145 |
| XC90 V8 AWD | $370 | $800 | $416 | $24 | $124 | $1,734 | $145 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Information does not factor in zip code location which can modify auto insurance rates greatly.
Deductible analysis
A question often asked by Las Vegas drivers is how low should you set your deductibles. The comparison tables below approximate how much more rates are when you select higher and lower physical damage coverage deductibles. The first price estimate table uses a $250 deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $268 | $472 | $308 | $18 | $92 | $1,183 | $99 |
| XC90 3.2 R-Design 2WD | $268 | $472 | $308 | $18 | $92 | $1,183 | $99 |
| XC90 3.2 AWD | $300 | $544 | $308 | $18 | $92 | $1,287 | $107 |
| XC90 V8 AWD | $300 | $544 | $308 | $18 | $92 | $1,287 | $107 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| XC90 3.2 R-Design 2WD | $218 | $382 | $308 | $18 | $92 | $1,018 | $85 |
| XC90 3.2 AWD | $244 | $438 | $308 | $18 | $92 | $1,100 | $92 |
| XC90 V8 AWD | $244 | $438 | $308 | $18 | $92 | $1,100 | $92 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Rate information does not factor in specific location which can raise or lower price quotes considerably.
Based on these figures, using a $250 deductible costs approximately $14 more each month or $168 a year than opting for the higher $500 deductible. Because you would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 18 months between claims, you would probably be better off going with the higher deductible.
How to calculate deductible break even point
| Average monthly premium for $250 deductibles: | $103 |
| Average monthly premium for $500 deductibles (subtract): | – $89 |
| Monthly savings from raising deductible: | $14 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $14 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
Tickets and at-fault accidents raise rates
The illustration below illustrates how speeding tickets and at-fault accidents can raise Volvo XC90 car insurance costs for each different age group. The prices are based on a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no policy discounts are applied.
Compare rates but still have a local neighborhood Las Vegas car insurance agent
A small number of people would rather have an agent’s advice and that can be a great decision One of the great benefits of comparing rate quotes online is that drivers can save money and get lower premium rates and still choose a local agent.
To make it easy to find an agent, after completing this quick form, your insurance data is emailed to companies in Las Vegas that give free quotes for your business. There is no need to visit any agencies as quotes are delivered immediately to you. You can find better rates and a licensed agent to talk to. If you want to get a rate quote from a specific company, you just need to jump over to their website and fill out the quote form the provide.
Choosing an provider is decision based upon more than just a cheap price quote. Any good agent in Las Vegas should know the answers to these questions.
- Are there any extra charges for paying monthly?
- Do they specialize in personal lines coverage in Las Vegas?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Will the company cover a rental car if your car is getting fixed?
- Where are claims handled?
- Are they involved in claim handling?
- How much experience to they have in personal lines coverages?
Pick the best car insurance agent in Las Vegas for you
If you prefer to buy car insurance from a good Las Vegas insurance agent, it’s helpful to know the types of insurance agents and how they function. Car insurance agents in Las Vegas are considered either exclusive agents or independent agents.
Exclusive Insurance Agents
Agents that elect to be exclusive generally can only insure with one company and some examples include Farmers Insurance or State Farm. Exclusive agencies are unable to give you multiple price quotes so they really need to provide good service. These agents receive extensive training on the products they sell which helps them compete with independent agents.
The following is a short list of exclusive agencies in Las Vegas that can give you price quote information.
Jason Paszek – State Farm Insurance Agent
4250 E Bonanza Rd #16 – Las Vegas, NV 89110 – (702) 453-9500 – View Map
Juan Diaz – State Farm Insurance Agent
1718 S Eastern Ave – Las Vegas, NV 89104 – (702) 489-4242 – View Map
Tom Ferrier – State Farm Insurance Agent
7528 Westcliff Dr – Las Vegas, NV 89145 – (702) 255-7770 – View Map
Independent Agents
Independent agents can sell policies from many different companies so as a result can place your coverage with a variety of different insurance companies depending on which coverage is best. If they find a cheaper price, they simply move your policy to a different company and you don’t have to switch agencies. When searching for an agent, you definitely need to include rate quotes from at least one independent agent to get the most accurate price comparison.
Listed below is a list of independent agents in Las Vegas that are able to give comparison quotes.
Insurance Specialists – Auto and Home Agency
5025 S Eastern Ave #20 – Las Vegas, NV 89119 – (702) 307-3398 – View Map
Superior Insurance
2511 Stewart Ave – Las Vegas, NV 89101 – (702) 721-7575 – View Map
Nationwide Insurance: Sage Insurance Services Inc Agency
1081 S Cimarron Rd, Ste B56 – Las Vegas, NV 89145 – (702) 613-0000 – View Map
If you receive acceptable answers to any questions you have as well as a price you’re happy with, you may have found an auto insurance agent that is professional and can insure your vehicles. Just be aware that you have the power to terminate coverage whenever you wish so don’t feel you are locked into any particular company for the full policy term.
You may need specialized insurance coverage
When it comes to buying proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that.
Here are some questions about coverages that might point out if your situation might need an agent’s assistance.
- Am I covered if I drive in a foreign country?
- Do I pay less if my vehicle is kept in my garage?
- What is the difference between personal and commercial auto insurance policies?
- Does my car insurance cover rental cars?
- What if I don’t agree with a claim settlement offer?
- At what point should I drop full coverage?
- Does my insurance cover my expensive audio equipment?
- Do I need replacement cost coverage?
- Who does medical payments coverage extend to?
- Do I need special coverage while pulling a rented trailer?
If you don’t know the answers to these questions but you know they apply to you, 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 or click here for a list of insurance companies in your area.
Why you need insurance for your vehicle
Despite the high insurance cost for a Volvo XC90 in Las Vegas, insuring your vehicle may be required for several reasons.
First, the majority of states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability insurance coverage in order to license the vehicle. 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 vehicle has a lienholder, almost every bank will have a requirement that you buy full coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Volvo for a much higher rate and require you to fork over a much higher amount than you were paying before.
Third, insurance protects both your car and your assets. Insurance will also pay for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability coverage will also pay attorney fees if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of having insurance more than cancel out the cost, especially for larger claims. Despite what companies tell you, the average driver is overpaying over $825 a year so it’s very important to do a rate comparison at every policy renewal to make sure the price is not too high.
Detailed coverages of your car insurance policy
Knowing the specifics of a car insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are the normal coverages found on the average car insurance policy.
Medical expense insurance – Medical payments and Personal Injury Protection insurance provide coverage for expenses such as rehabilitation expenses, hospital visits, X-ray expenses, nursing services and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your Volvo XC90.
Since many Nevada drivers have only the minimum liability required by law (15/30/10 in Nevada), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.
Comprehensive (Other than Collision) – This will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers things like hitting a deer, a tree branch falling on your vehicle and damage from flooding. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision coverage – This coverage will pay to fix damage to your XC90 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things such as rolling your car, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible on your XC90 to get cheaper collision coverage.
Liability car insurance – Liability insurance can cover injuries or damage you cause to other people or property that is your fault. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 15/30/10 that means you have $15,000 bodily injury coverage, a limit of $30,000 in injury protection per accident, and a limit of $10,000 paid for damaged property.
Liability coverage pays for claims like court costs, repair costs for stationary objects, legal defense fees and pain and suffering. How much liability should you purchase? That is a personal decision, but buy higher limits if possible. Nevada state law requires minimum liability limits of 15/30/10 but you should consider buying better liability coverage.
The next chart demonstrates why buying the state minimum limits may not be high enough to adequately cover claims.
Get the best coverage at the most affordable price
Discount Volvo XC90 insurance in Las Vegas can be purchased from both online companies and also from your neighborhood Las Vegas agents, so you need to quote Las Vegas auto insurance with both to have the best selection. Some insurance providers may not provide the ability to get a quote online and these smaller providers provide coverage only through local independent agents.
When buying insurance coverage, it’s a bad idea to buy less coverage just to save a little money. In too many instances, drivers have reduced collision coverage only to discover later that they should have had better coverage. The aim is to buy the best coverage you can find at the best possible price.
How to find affordable quotes for Volvo XC90 insurance in Las Vegas
The most effective way to get discount car insurance rates in Las Vegas is to start comparing prices yearly from insurers that sell auto insurance in Nevada. You can compare prices by completing these steps.
- First, try to comprehend individual coverages and the things you can control to prevent rate increases. Many rating factors that increase rates such as distracted driving and poor credit can be improved by making minor changes to your lifestyle.
- Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like Progressive or State Farm, while independent agencies can give you price quotes from multiple sources.
- Third, compare the new quotes to the price on your current policy to see if cheaper XC90 coverage is available in Las Vegas. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.
An important part of this process is to try to compare the same deductibles and limits on each quote request and and to get rate quotes from as many carriers as you can. This guarantees a fair rate comparison and many rates to choose from.
More resources
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Who Has Cheap Auto Insurance Rates for Hybrid Vehicles in Las Vegas? (FAQ)
- Information for Teen Drivers (GEICO)
- Understanding your Policy (NAIC.org)
- Insuring a Leased Car (Insurance Information Institute)
- How to Avoid Staged Accidents (State Farm)