Not Shopping For Auto Insurance Could Cost You Money
Chances are that when you first signed up for your auto insurance policy, you spent at least a little time looking for the best coverage at the best rate. If you’re nearing the end of your policy term and you’re planning to auto-renew rather than go through the process again, you may end up paying too much for auto insurance or worse, find yourself underinsured. In some cases, shopping around for auto insurance can save you money on your monthly premium.
A Significant Life Event Might Change Your Rate
Earning a degree, getting married, having a baby, getting a new job or relocating; these are just a few of the major life events that can have a surprisingly profound impact on how much your auto insurance costs. If you’ve had a significant life change since you last signed up for auto insurance, then you may be able to lower your auto insurance rate.
State Minimum Coverage Laws May Change
While some auto insurance providers automatically bump up the policy limits of drivers with state minimum liability insurance when state minimum coverage laws change, you don’t want to take the chance that your policy may not be up to new requirements. Being underinsured isn’t just illegal, it can leave you in a tough spot financially if you’re at fault for an accident that you can’t afford to pay for. Shopping for a new auto insurance policy can help you ensure that your coverage limits comply with the law.
Your Vehicle May Be Worth Less
If you’re driving a 15-year old vehicle, then its market value is probably about the same today as it was six months ago. However, if you’re driving a fairly new vehicle, then it may have depreciated in value since you last received an auto insurance quote. This could translate into a lower auto insurance premium.
Your Credit Score May Have Improved
While the connection between your credit score and your auto insurance premium is still something of a mystery, it’s been shown that in most states, including Nevada, those with higher credit scores typically pay less for their auto insurance coverage than drivers with poor credit. If you’ve been working to improve your credit, then you may be able to reduce your auto insurance rate by shopping around.
Let Nevada Insurance Enrollment Do the Legwork
Getting the best deal on auto insurance requires taking the time to compare coverage options, deductibles, premiums and discounts across several different companies. This can make it a challenge to accurately see how different rates stack up against one another. However, with Nevada Insurance Enrollment, shopping around for auto insurance doesn’t have to be a confusing guessing game. Our auto insurance agents review your needs and what discounts you’re eligible for, and then we track down the best coverage at the best rate available to you. This service is available for free for Nevada drivers, making it a simple, risk-free way to shop around for auto insurance.
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If you are single, you would only have to meet your prescription deductible. If you have two or more people in your family, each member may have to meet their own prescription deductible which could be up to 2 deductibles in the family. A prescription deductible is different and separate from the medical deductible, unless otherwise stated. One deductible is for medical, ie: hospitalization, doctors, etc., and the other deductible is for filling your prescriptions.