This would be a much shorter article if we could just tell you the company that has the best auto insurance prices in Nevada. Regrettably, it’s not quite that easy, as there are a whole slew of unknowns such as how far you drive each year, the crime level of your neighborhood, whether you want full coverage, and what liability limits you need, that all influence how much you pay for auto insurance. The information below will cover the types of things that cause high car insurance rates and should give you a good beginning to your search for cheaper coverage.
The make and model of vehicle requiring coverage is one of the main factors when looking for the lowest-priced car insurance for handicapped drivers. Vehicles with higher performance, poor safety ratings, or a track record of large liability claims will cost quite a bit more to insure than safer, lower-performance models.
The data below showcases auto insurance rates for a handful of the most affordable vehicles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$1,932|
|Hyundai Elantra SE Touring Station Wagon||$2,096|
|Honda CR-V LX 2WD||$2,213|
|Chevrolet Impala LS||$2,245|
|Honda Civic DX 4-Dr Sedan||$2,254|
|Toyota RAV4 Sport 4WD||$2,289|
|Nissan Altima 2.5 4-Dr Sedan||$2,297|
|Honda Odyssey EX-L||$2,406|
|Toyota Corolla XRS||$2,450|
|Kia Optima LX||$2,456|
|Jeep Wrangler Rubicon 4WD 2-Dr||$2,488|
|Dodge Grand Caravan CV||$2,498|
|Nissan Rogue SL AWD||$2,573|
|Toyota Tacoma Double Cab 4WD||$2,624|
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Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Estimates do not factor in garaging location in Henderson, NV which can alter coverage rates substantially.
Based upon the table data, we can infer that vehicles like the Ford Escape, Hyundai Elantra, Honda CR-V, and Chevrolet Impala are going to be some of the most economical vehicles to insure for drivers with handicaps.
One of the many things that help determine the price you pay for insurance is where you keep your car in Henderson. Areas with increased crime or more people will most likely have higher rates, whereas areas with less people or fewer weather incidents tend to receive slightly lower rates.
The illustration below rates the highest-priced places in Nevada for handicapped drivers to buy an auto insurance policy in. Henderson ranks #8 with an annual premium of $1,749 for car insurance, which is approximately $146 per month.
|Rank||City||Premium Per Year|
|5||North Las Vegas||$1,900|
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Rates are comparative as specific Henderson garaging address can increase or decrease price quotes noticeably.
Rate difference between full and liability-only coverage
Paying a lower price for insurance is the goal of the majority of drivers, and a great way to pay lower rates for insurance for handicapped drivers is to not pay for full coverage. The illustration below visualizes the comparison of insurance costs when comparing full coverage to liability only. The rate quotes are based on a clean driving record, no claims, $100 deductibles, marital status is single, and no discounts are applied.
Averaged out for all age groups, full coverage on your policy costs an extra $1,768 per year over and above liability only. That is a large expense and it proposes the question if it’s a good idea to buy full coverage. There is no definitive formula of when to phase out full coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s pretend your vehicle’s replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after paying the physical damage deductible. If premium cost is more than $200 annually for full coverage, then you might want to think about dropping full coverage.
Get discounts on Henderson car insurance
Insurance companies that offer coverage for handicapped drivers may also offer special discounts that could reduce prices by as much as 35% or more if you can meet the requirements. Companies and a partial list of their discounts are outlined below.
- Progressive may have discounts that include online quote discount, continuous coverage, multi-vehicle, homeowner, and online signing.
- MetLife may include discounts for multi-policy, good student, good driver, defensive driver, claim-free, accident-free
- Mercury Insurance includes discounts for age of vehicle, professional/association, type of vehicle, anti-theft, location of vehicle, and ease of repair.
- Nationwide has savings for anti-theft, Farm Bureau membership, family plan, defensive driving, easy pay, multi-policy, and good student.
- GEICO offers discounts for military active duty, seat belt use, defensive driver, anti-lock brakes, and multi-policy.
- AAA has discounts for AAA membership discount, multi-car, anti-theft, multi-policy, and good student.
The example below shows the comparison of insurance prices with and without discounts applied. The price estimates are based on a female driver, no driving violations, no at-fault accidents, Nevada state minimum liability limits, full physical damage coverage, and $100 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with homeowner, multiple vehicle, marriage, passive restraint, safe-driver, and multiple policy discounts applied. When discounts are factored in, theaverage yearly reduction on insurance for handicapped drivers is 28% or $462.
The information below shows how choosing a deductible can increase or decrease insurance rates when researching cheap insurance for handicapped drivers. The costs are based on a married female driver, comp and collision included, and no policy discounts are applied.
As shown above, a 30-year-old driver could lower their car insurance rates by $332 a year by switching from a $100 deductible to a $500 deductible, or save $500 by using a $1,000 deductible. Even younger insureds, like the Age 20 category, could save up to $704 each year by using a higher deductible.
If you make the decision to raise deductibles, it will be necessary to have emergency funds available to enable you to pay the extra out-of-pocket expense that comes with higher deductibles.
How to find cheaper insurance for handicapped drivers
Lowering your rates is not difficult, and here are a few money-saving suggestions that can help Nevada drivers quote cheap coverage.
- Insure your home and auto with the same company
- Speeding tickets and other violations increase rates
- Try to not file small claims
- Prevent price hikes by avoiding at-fault accidents
- Drive vehicles with five-star safety ratings
- Remove physical damage coverage on older vehicles
- Compare rates regularly to ensure the best deal
That last idea is remarkably vital, as we discussed in the prior article. Coverage prices change constantly, so drivers shouldn’t be resistant to buy a policy from a new company if you find a better deal. Many drivers tend to have loyalty to a certain company, but it’s not a good idea if your bullheadedness ends up costing you big bucks every year. In just a couple of minutes you could shop around and find cheaper insurance for handicapped drivers in Henderson.
The insurance agencies below are a good start to help you decide which coverages and limits you need, since some drivers wish to have a consultation when trying to find lower insurance rates for drivers with handicaps. It can be hard to find the best coverage yourself, and getting advice from a licensed Nevada insurance agent can give comfort knowing you have adequate protection in the event of a claim. To locate an agency nearest to you, click the button after the list.
Allstate Insurance: Jeremy Peltz
3215 St Rose Pkwy Ste 120 – Henderson, NV 89052 – (702) 233-8372
Jason Spronk – State Farm Insurance Agent
900 Wigwam Pkwy #140 – Henderson, NV 89014 – (702) 564-3380
Allstate Insurance: Helene Karp
305 N Pecos Rd c – Henderson, NV 89074 – (702) 436-0200
All Star Insurance Agency
10120 S. Eastern Ave, Suite 200 – Henderson, NV 89052 – (702) 660-6618