Car Insurance Las Vegas

Car Insurance Las Vegas: A Simple (But Complete) Guide

Many people have a dream of living out west, out where the sky is blue and where the land is wide and open. Nevada, one of these western states, has plenty of roads to drive on with about 50,000 miles of paved roads available for travel. The Silver State has many exciting things to do, and many people travel to this state just to visit the city of Las Vegas. While there are plentiful activities and tourist spots galore, there are also many people that live in the state of Nevada. People living here individuals are responsible for purchasing car insurance Las Vegas (Nevada).

Las Vegas Car Insurance Laws

Car insurance is an expensive, but necessary, annual expense for most of us. In the USA, the National Association of Insurance Commissioners (NAIC) published a report in 2015 which included a comparison of the average car insurance premium for Nevada against the rest of the country. The report revealed that the average premium per vehicle in Nevada state was $935.90 annually, whilst private passenger car insurance for the rest of the country was only $841.23 per vehicle. These figures show that car insurance is a significant purchase for most people, and is slightly more expensive for residents of Las Vegas and Nevada state as a whole, compared to the rest of the country on average.

Car insurance expenditures in the Las Vegas are affected by the strength of the economy and other factors including the insurance coverage amount and type that you select, you're driving record, your age, the urban population, traffic density, and per-capita income. With over 1.6 million insured cars in the state of Nevada, you can quickly see how important it is to make sure you have adequate car insurance coverage.

Starting July 1, 2018, Minimums for Las Vegas car insurance include:

  • Bodily injury liability per person each accident: $25,000
  • Bodily injury liability per accident: $50,000
  • Property damage liability per accident: $20,000

Las Vegas has a 25/50/20 insurance requirement. This means that you must have at least $25,000 worth of coverage for one person in an accident, with up to $50,000 worth of coverage for a group of people in accident. The $20,000 is to cover property damage, which can include the car of the other driver, private or government property. Make sure that you have your insurance card in your vehicle so that you can present it in case a police officer pulls you over. This is a requirement for car insurance in Las Vegas.

One other thing to remember is that the Las Vegas follows a tort system in regard to accidents. This means that one individual is found to be at fault for the accident and they are responsible for taking care of the costs of the accident. This can be expensive, and some people have found it prudent to purchase Uninsured or Underinsured Motorist Protection or the Personal Injury Protection to cover themselves in case the driver at fault in the other vehicle does not have the required level of insurance coverage.

Providing Proof of Car Insurance in Las Vegas

As with most other states in the United States, you must provide proof of car insurance in Las Vegas. If a police officer were to stop you at any time during your travels, you must be able to prove that you have purchased car insurance. In Las Vegas, there is a program called the Insurance Verification Program (IVP). According to this program, each insurance company is required to send a report to the DMV with any individuals that have started purchasing insurance from them or that have stopped paying for insurance.

If you have discontinued your insurance, you will be mailed a verification form from the DMV. You must return this within twenty days or face suspension of your vehicle registration. When you are stopped and asked for vehicle identification, police will check your information with their computer records. If your insurance is found to be ‘flagged,’ you may be subject to a fine or your vehicle registration may be revoked until you fill out the proper paperwork and pay the processing fee.

Las Vegas Car Insurance Rates

Average car insurance cost in Las Vegas:

Description Price
Las Vegas Minimum Car Insurance Coverage $823 - $1,076
Las Vegas Minimum Full Coverage Car Insurance $1,708 - $1,995
Las Vegas Minimum Car Insurance Coverage for Young Drivers $1,543 - $1,862
Las Vegas Minimum Full Coverage Car Insurance for Young Drivers $2,428 - $2,953
Average car insurance Las Vegas per month $68 - $246

Las Vegas Car Insurance Company

Las Vegas Car Insurance Companies include some of the biggest and best. State Farm, Allstate, GEICO, Progressive, USAA Group, AIG (American International Group), Nationwide, and American Family Insurance Group (Amfam) are just some of the top-rated and best-known insurance companies who can assist you as you search for a Las Vegas Car Insurance Company.

7 Questions to Ask Your Las Vegas Car Insurance Company

To find the best Las Vegas car insurance company you should ask your Las Vegas car insurance agent a set of defined questions.

  1. Your company's expense ratio? The lower the ratio the better, as in single digits is a good thing.
  2. Your company's AM Best rating over the last 3 years? You want it to be 'A' or better.
  3. Your company's complaint ratio? You want it to be .45 or less, .80 or higher and you should beware.
  4. How long has your company insured motorist in the Las Vegas? You want it to be at least 4 years.
  5. Who adjusts the claims for the company, a company-adjuster or a contract-adjuster? You want a contract-adjuster.
  6. What happens to my premium for an at-fault accident? The best answer is nothing will happen.
  7. What else can I do to lower my car insurance premiums both now and in the future? The best answer is we have given you a discount now and will give you a deeper discount at renewal if everything stays the same, and you're driving record remains clean.

Car Insurance Quotes Las Vegas

Average car insurance quotes for Las Vegas car insurance companies

Rank Car Insurance Company Name Price
1 Progressive $857
2 GEICO $868
3 Nationwide $748
4 Allstate $1,349
5 State Farm $1,141
6 USAA $973

Tips For Saving Money On Your Car Insurance in Las Vegas

Car insurance is one of the necessary evils. We are all required to carry insurance if we own a vehicle; there is no way to get around it. It can also get quite expensive, no matter how good of a driver you are! So why not get the best deal on your insurance?

Before getting a quote, understand what car insurance is. Car insurers throw around terms like comprehensive coverage and collision coverage. Collision coverage pays for damage to the insured vehicle when it hits or is hit by another vehicle or object. Comprehensive coverage is for damage or loss to the insured vehicle caused by something other than collision. This would include theft, fire, windstorms, flood, and vandalism.

When getting rate quotes, know the policy and type of coverage you currently carry. Also, when getting a quote from different companies, make obvious you are asking for the same coverage. Don’t ask for a quote with a $500 deductible with one company and a $1000 deductible with another. This will affect the quote they give you. You can’t compare quotes if you are asking for a different coverage.

There are plenty of things that you should do when you want to find the best cheap car insurance. This is because not all cheap insurance deals out there are good for you. You have to be keen to ensure that you are getting exactly what you need. You also have to be careful because there are many people out there who would want to steal from you instead of providing you with the insurance cover you are looking for. Fortunately, there are simple things that you can do that will help you find the best cheap car insurance. The simple things that you should do include;

Here are some easy tips on finding the best deal available:

Multiple policies

If you own a home or other insurable items (such as jet skis, boats, motorcycles, mobile homes/campers) study if you can bag a discount for having them insured through the same company. Spy if the company also offers life insurance. Most companies will give you a discount if you carry more than one insurance with them.

For students

Most companies will give you a discount for getting good grades. They may also give you a discount for taking a driver’s education course. Keep a clean driving record. Speeding tickets, traffic violations, and accidents can greatly increase your insurance rates. Keep track of your driving record, making sure that your older offenses are taken off and that your insurance reflects that. Some insurance companies are now offering discounts or not increase premiums for an at-fault accident if you haven’t had one within a certain time-frame (example: no at-fault accident within the last 5 years).

Don’t carry unnecessary insurance

You are required to carry full coverage if you have a loan on the vehicle. There is no way to get around that. If you don’t have a loan, then you may not need paunchy coverage. If your vehicle is older and not worth a lot, then don’t pay the extra money in insurance premiums to have more coverage. Just get liability coverage and save the extra to put towards another vehicle should you acquire in an accident with the current one.

Go online

There are many online companies that offer multiple rate quotes from different companies. Not only will this will cut down on the amount of searching you will have to do, whether online or phone calls, but it will also help see the top companies that have the lowest rate.

Conduct research

It is important to conduct research when you want to find the best cheap car insurance. The research will not only help you gather all the information you need to be able to make the right choice, but it will also help you find information about different products out there. You are more likely to make a good choice when you know what is available out there. Take your time to gather as much information as you can.

Make sure that you are dealing with a reputable insurance company

You can easily fall into the hands of people who want to steal from you when you are busy looking for cheap car insurance. To prevent this from happening, you should ensure that you are dealing with a reputable insurance company. A company that has built a good name for itself will not want to destroy the good name by taking advantage of its customers. There is a high chance that you are going to get a good surface cover when you are dealing with a reputable company.

Analyze the details of the insurance cover

You should not decide to take a given cheap car insurance cover without taking time to analyze the details. This is important because it will help you know exactly what you are getting yourself into. It is a big mistake to take a given policy without reading the details. You may end up being surprised that you took a policy that does not suit your needs or that is different from what you had in mind. It will not take a long time to familiarize yourself with the details. If there is anything that you do not fully understand, you should not be too shy to ask for clarification. Remember, you are the one who will suffer if you choose something that is unsuitable for you.

Ask questions

“Don’t be timid to ask,” is what my mother always said. Talk to friends and family. Gape what insurance companies they have passed and what policies they mediate are best. Often, those that have had experience with various insurance providers can give you some wonderful advice. But don’t finish there. Even once you have considered their advice and are actually out there investigating their recommendations, support asking the difficult questions. We’ve learned the hard arrangement these days that we can’t engage all professional’s advice at face value, and the more we ask, the more we understand and know before we imprint on the dotted line.

Don’t Forget About Customer Service

Don’t get so caught up in finding cheap car insurance that you don’t also consider the customer service aspect. Remember, you will need to rely on the company you choose if you are ever in an accident. Is the company you are selecting professional, efficient and does the company have a good reputation? One of the best ways to shop for an car insurance company is to consider the recommendations of friends and family. Find out what their experiences are. Ask the companies you are considering questions about your potential coverage. Do they seem willing to offer information? Are they knowledgeable?

Other factors that affect your car insurance rate include your credit score. More and more car insurance customers are looking at consumer credit scores when determining rates. Keep your credit clean. Likewise with your driving record. Moving violations and other offenses stay on your insurance record for up to 5 years. This greatly affects your insurance rate. Do extensive research to find out what you can do to save more money on your car insurance. This can ensure that you find cheap Las Vegas car insurance without sacrificing quality insurance service.

Las Vegas Car Insurance Quotes for Retired Individuals

If you are already retired or getting close, you can benefit when it comes to car insurance. Many car insurance companies offer discounts to retired drivers for several reasons.

  • Discounts resulting from membership in AARP
  • Retired drivers maintain their vehicles better
  • Retired drivers drive less than those that must commute to work
  • Older/retired drivers take fewer chances on the road

Las Vegas Car Insurance Quotes for Inexperienced Drivers

Teenagers and other young drivers who do not have much experience on the road may benefit the most from information and comparison rate quotes. Some car insurance companies are more willing than others to offer reduced rates to young drivers. The only way to find out which company can offer you the best rate is to gather a bunch of (Las Vegas) car insurance quotes. Some general guidelines to help you save some money as a young driver include getting good grades, purchasing a safe and inexpensive vehicle, and avoiding unsafe and distracted driving.

Las Vegas Car Insurance Quotes for Safe Drivers

Safe drivers will always benefit from cheaper car insurance rates. Safe driving is a combination of several things. Experience, paying attention to your surroundings, not taking chances, and knowledge of rules of the road will lead to safer driving, increased personal safety and lower Las Vegas car insurance quotes. Some Las Vegas traffic regulations to be aware of include:

  • Any passenger 6 years old or older must wear a seat belt
  • Children under 6 years old or under 60 pounds must ride in an approved restraint system
  • Headlights must be used in the period between 30 minutes after sunset to 30 minutes before sunrise
  • Those riding or operating a motorcycle must wear a helmet
Eric Gould