Amazingly, a recent NerdWallet.com study showed that the vast majority of consumers renewed their policy with the same company for four years or more, and approximately 38% of consumers have never compared rate quotes at all. Nevada consumers could save an average of as much as 35% each year by just shopping around, but they mistakenly think it’s difficult to compare rates and save money.
The best way we recommend to find cheaper quotes for Volkswagen Golf insurance is to start comparing rates regularly from insurers that insure vehicles in Henderson. You can compare rates by completing these steps.
Step 1: Try to learn about how companies set rates and the things you can control to prevent expensive coverage. Many factors that increase rates such as high-risk driving behaviors and a low credit score can be controlled by making minor driving habit or lifestyle changes. Read the full article for ideas to keep prices down and find discounts that you may qualify for.
Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from a single company like GEICO or State Farm, while independent agents can provide prices from many different companies. Begin your rate comparison
Step 3: Compare the new rates to the premium of your current policy and determine if there is any savings. If you find a lower rate and make a switch, make sure there is no lapse in coverage.
Step 4: Notify your current company to cancel your current coverage. Submit payment along with a signed and completed policy application to your new agent or company. Once the paperwork is finalized, put the new certificate verifying coverage along with your vehicle registration.
A crucial key to this process is to use similar limits and deductibles on every price quote and and to get quotes from every company you can. This helps ensure an accurate price comparison and a complete price analysis.
Cheap car insurance in Henderson, NV
The companies shown below have been selected to offer quotes in Nevada. If multiple companies are listed, it’s a good idea that you visit several of them in order to get a fair rate comparison.
Car insurance analysis for a Volkswagen Golf
The rate information shown next covers a range of insurance premium costs for Volkswagen Golf models. Learning more about how insurance premiums are calculated can help customers make smart choices when selecting a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Golf 2.5 2-Dr Hatchback||$148||$298||$308||$18||$92||$864||$72|
|Golf 2.5 4-Dr Hatchback||$166||$298||$308||$18||$92||$882||$74|
|Golf 2.0T Turbo Diesel 2-Dr Hatchback||$166||$342||$308||$18||$92||$926||$77|
|Golf 2.0T Turbo Diesel 4-Dr Hatchback||$166||$298||$308||$18||$92||$882||$74|
|Get Your Own Custom Quote Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium amounts do not factor in garaging location in Henderson which can revise premiums noticeably.
Bad driving habits will cost you more
The diagram below demonstrates how traffic citations and fender-benders can influence Volkswagen Golf premium costs for different ages of insureds. The price estimates are based on a married male driver, full coverage, $500 deductibles, and no discounts are factored in.
Do you need full coverage?
The chart below illustrates the comparison of Volkswagen Golf insurance costs with and without full coverage. The rates are based on no claims or driving citations, $1,000 deductibles, drivers are single, and no discounts are factored in.
Guidelines for dropping full coverage
There isn’t a steadfast formula for phasing out physical damage coverage, but there is a general guideline. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s say your Volkswagen Golf settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,000 after paying your deductible. If premiums are more than $300 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
There are some scenarios where removing full coverage is not recommended. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Insurance quotes and discounts
Some insurers don’t list their entire list of discounts very well, so the below list has a few of the more common and the harder-to-find credits that you can use to lower your rates.
- Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts may qualify for discounts of 25 to 30%.
- Discount for Home Ownership – Being a homeowner can save you money because maintaining a house demonstrates responsibility.
- Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you may have a lower total premium amount.
- Paperless Signup – Certain larger companies give back up to $50 for completing your application over the internet.
- Distant Student Discount – Any of your kids who attend college more than 100 miles from Henderson without a vehicle on campus may be insured at a cheaper rate.
- Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and can earn a small discount on your policy.
- Student Discount for Driver Training – Cut your cost by having your teen driver enroll and complete driver’s education as it will make them better drivers and lower rates.
As a footnote on discounts, most credits do not apply to all coverage premiums. Most cut specific coverage prices like comprehensive or collision. Despite the fact that it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.
The information below illustrates the difference between Volkswagen Golf yearly insurance costs with and without discounts applied to the policy premium. The costs are based on a female driver, no claims or driving violations, Nevada state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, claim-free, multi-policy, multi-car, and homeowner discounts applied.
Some of the insurance companies that have many of the previously listed discounts possibly include:
If you want inexpensive Henderson car insurance quotes, ask each company which discounts they offer. Some credits may not apply to policies everywhere. If you would like to view insurance companies with the best discounts in Nevada, click this link.
Components of Your Volkswagen Golf Insurance Prices
Many different elements are considered when premium rates are determined. Some are pretty understandable like your driving record, but other factors are not as apparent such as your credit history or your vehicle rating.
The itemized list below are some of the factors used by insurance companies to determine premiums.
Rates and your address – Being located in areas with lower population has definite advantages if you are looking for the lowest rates. People in densely populated areas have to deal with traffic congestion and more time behind the wheel. Less people living in that area means less chance of accidents in addition to lower liability claims.
Pay more of a claim out-of-pocket – Comp and collision deductibles are how much you are willing to pay out-of-pocket in the event of a claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some examples of covered claims are collision with another vehicle, vandalism, and having a roll-over accident. The more of the claim you have to pay, the less your company will charge you for insurance.
Avoid unnecessary extra policy coverages – There are many add-on coverages that you can buy on your Golf policy. Add-on coverages like vanishing deductibles, towing, and extra life insurance coverage are examples of these. You may think they are a good idea when buying your policy, but if they’re wasting money eliminate the coverages to reduce your premium.
Reduce prices by driving vehicles with better crash test results – Vehicles that have high safety ratings can get you lower premiums. These vehicles reduce occupant injuries and fewer serious injuries translates into fewer and smaller insurance claims which can result in lower premiums. If your Volkswagen Golf has at least four stars on Safercar.gov it may be receiving lower rates.
Insurance loss statistics a Volkswagen Golf – Companies analyze the history of losses to help determine the rate you pay. Models that statistically have a trend towards higher claims will cost more to insure.
The table below demonstrates the loss history for Volkswagen Golf vehicles. For each policy coverage type, the claim probability for all vehicles, without regard to make or model, is considered to be 100. Values that are 100 or less suggest a positive loss record, while numbers above 100 indicate more frequent losses or larger claims.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Independent and exclusive car insurance agents
A small number of people would rather visit with an insurance agent and that is a smart decision An additional benefit of comparing car insurance online is that drivers can save money and get cheap rate quotes and still have a local agent. Supporting local agents is still important in Henderson.
Once you complete this short form, your coverage information is immediately sent to agents in your area who can give free rate quotes and help you find cheaper coverage. You don’t have to search for an agent since rate quotes are delivered to you directly. You can most likely find cheaper rates AND a local agent. If you wish to get a rate quote from a specific car insurance provider, don’t hesitate to jump over to their website and fill out their quote form.
If you prefer to buy car insurance from a reliable insurance agent, you need to know there are two different types of agents and how they can service your needs differently. Car insurance agencies are considered either independent (non-exclusive) or exclusive.
Independent Car Insurance Agencies or Brokers
Independent insurance agents are normally appointed by many insurers so they can insure your vehicles through lots of different companies and potentially find a lower price. If prices rise, they simply move the coverage in-house and the insured can keep the same agent. When comparing rate quotes, we recommend you get some free quotes from a couple of independent agencies to have the most options to choose from. Most also write with small mutual carriers that may provide cheaper car insurance rates.
Shown below is a partial list of independent insurance agencies in Henderson who can help you get comparison quotes.
- Balsiger Insurance
3481 E Sunset Rd #100 – Las Vegas, NV 89120 – (702) 220-8640 – View Map
- Nikkol Jackson Insurance Agency
701 N Green Valley Pkwy #200 – Henderson, NV 89074 – (702) 451-9799 – View Map
- High Desert Insurance Agency
140 E Horizon Dr – Henderson, NV 89015 – (702) 558-8587 – View Map
Agents in the exclusive channel can only place business with one company and examples are American Family, State Farm, and AAA. Exclusive agents cannot provide rate quotes from other companies so they really need to provide good service. Exclusive insurance agents are trained well on their company’s products which helps overcome the inability to quote other rates. Many people choose to use an exclusive agent partially due to the prominence of the brand rather than having the cheapest rates.
Below is a short list of exclusive insurance agents in Henderson that are able to give rate quotes.
- Farmers Insurance: Jennifer Montisano
181 N Arroyo Grande Blvd #100 – Henderson, NV 89074 – (702) 262-5525 – View Map
- Amber Aiello – State Farm Insurance Agent
2200 W Horizon Ridge Pkwy a – Henderson, NV 89052 – (702) 616-4663 – View Map
- Martha Pailes – State Farm Insurance Agent
613 N Stephanie St – Henderson, NV 89014 – (702) 451-0123 – View Map
Selecting an car insurance agent should include more criteria than just the price. The questions below may impact your decision as well.
- How long has their agency been in business in Henderson?
- How does the company pay claims for a total loss?
- How much experience to they have in personal lines coverages?
- If they are an independent agency in Henderson, which companies do they recommend?
- Do they offer rental car reimbursement?
After receiving acceptable answers to these questions and locked in a price quote, you may have found an insurance agent that can be relied on to properly insure your vehicles. But keep in mind policyholders can cancel your coverage whenever you want so don’t assume that you are obligated to any specific company with no way out.
Quote. Compare. Save.
As you prepare to switch companies, never buy less coverage just to save a little money. Too many times, an insured dropped uninsured motorist or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase plenty of coverage at the best possible price while not skimping on critical coverages.
Drivers switch companies for a number of reasons such as poor customer service, extreme rates for teen drivers, policy cancellation and denial of a claim. No matter why you want to switch, switching companies is not as hard as you think.
Lower-priced insurance in Henderson is possible online as well as from independent agents in Henderson, so you should compare both in order to have the best chance of saving money. Some companies may not offer price quotes online and these smaller providers provide coverage only through independent agents.
More tips and info about insurance can be read at these sites:
- Child Safety FAQ (iihs.org)
- Who Has Cheap Car Insurance for Teenage Males in Henderson? (FAQ)
- Event Data Recorders FAQ (iihs.org)
- Auto Insurance Learning Center (State Farm)
- Determining Auto Insurance Rates (GEICO)