Is Your Ely Nevada Auto Insurance Too High?

I can’t think of a single person who cherishes buying auto insurance, especially knowing their premiums are through the roof.

Companies like Progressive, State Farm and GEICO all claim big savings, bombarding you with catchy ads and consumers find it hard to ignore the propoganda and take the time to shop coverage around.

Don’t overlook these discounts

Companies that sell car insurance don’t always publicize every available discount very well, so the following is a list of some of the more common and the harder-to-find discounts you could be receiving.

  • Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off depending on your company.
  • Homeowners Discount – Being a homeowner can save you money because of the fact that having a home demonstrates responsibility.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Accident Free – Drivers with accident-free driving histories pay less compared to drivers who are more careless.
  • New Car Discount – Buying coverage on a new vehicle can save up to 30% compared to insuring an older model.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you can get free auto insurance, it doesn’t quite work that way.

To choose insurers with the best auto insurance discounts in Ely, click here.

Low Cost Ely Auto Insurance

Effectively comparing auto insurance prices can be a lot of work if you don’t know the most efficient way. You could waste time discussing policy coverages with insurance agencies in Ely, or you can stay home and use the internet to achieve your goal.

Most car insurance companies enroll in a system where prospective buyers enter their coverage request one time, and every company provides a quote based on that information. This system prevents you from having to do quotation requests to each individual auto insurance company.Ely NV car insurance quote

To access this free quoting program, click here (opens in new window).

The one downside to doing it this way is that consumers can’t choose which insurance companies to get quotes from. So if you prefer to choose specific providers to compare prices, we have assembled a list of low cost auto insurance companies in Nevada. View list of Nevada insurance companies.

However you get your quotes, ensure you’re using apples-to-apples information on every quote. If each company quotes different limits and deductibles on each one you can’t possibly decipher which rate is best in Ely. Quoting even small variations in insurance coverages can mean a large discrepancy in price. Just keep in mind that obtaining a wide range of quotes gives you a better chance of getting better pricing.

Ely Rates are Influenced by These Factors

Smart consumers have a good feel for the different types of things that help determine your auto insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that will entitle you to big savings.

  • Little extras can really add up – There are a lot of additional coverages that you can buy if you aren’t careful. Coverages for vanishing deductibles, towing coverage and motor club memberships are some examples. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate them to save money.
  • Drive a safer car and pay less – Safer cars are cheaper to insure. Safe vehicles reduce injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates.
  • Save money with special equipment – Purchasing a vehicle with a theft deterrent system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
  • Do you have enough liability coverage? – Liability coverage provides coverage if ever you are found liable for damages caused by your negligence. Liability insurance provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
  • Rates may be higher depending on your occupation – Careers like lawyers, social workers and stock brokers tend to have the highest rates in part from high stress levels and lengthy work days. On the other hand, jobs such as pilots, students and retirees receive lower rates.
  • Multiple policies with one company can save – Many companies provide better rates to customers who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount you may still want to compare rates to make sure you are getting the best deal. You may still find better rates by insuring with multiple companies.
  • Better credit means lower rates – Credit score is a large factor in your rate calculation. People with excellent credit tend to be more responsible as compared to drivers with lower credit ratings. If your credit score is low, you could pay less to insure your by improving your credit score.

Is my situation unique?

When buying the best auto insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions may help you determine whether you will benefit from professional help.

  • How high should my medical payments coverage be?
  • Can I rate high risk drivers on liability-only vehicles?
  • Does my insurance cover a custom paint job?
  • Is rental equipment covered for theft or damage?
  • Am I covered by my spouse’s policy after a separation?
  • Am I covered when driving in Canada or Mexico?
  • Does my car insurance cover rental cars?

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 insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

In conclusion

You just learned a lot of information how to compare auto insurance prices online. The most important thing to understand is the more companies you get rates for, the better your comparison will be. Consumers could even find that the lowest rates come from a small mutual company. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or GEICO.

Ely NV car insurance quote

While you’re price shopping online, it’s a bad idea to reduce coverage to reduce premium. There are many occasions where an insured cut full coverage only to discover later they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

Low-cost auto insurance can be sourced from both online companies and also from your neighborhood Ely agents, so you should compare both to have the best rate selection. Some companies may not provide online price quotes and these smaller companies work with independent agents.

For more information

Additional detailed information is available at the Nevada Division of Insurance website. Visitors are able to file complaints about an insurance agent or broker, find out which companies have the most complaints, view a list of available companies, and file complaints about a company.

The articles below may also help you learn more about auto insurance in Ely