Do You Live In Las Vegas And Need Auto Insurance?

Nov 18

Teri HarveyLas Vegas auto insurance, Car Insurance, car lease, care hire, casinos, finance, gambling, Las Vegas, las vegas auto insurance, las vegas car insurance, motoring, nevada 1 Comment

Each year, most of us who lawfully drive around the state of Nevada need to sort out our auto insurance renewal.

Have you ever had to make a claim on your car insurance? If you can answer yes to this question then I bet there is a good number of you that were disappointed with their auto insurer. Perhaps many of you will have had to do alot of the groundwork chasing the insurance company to get things done, some of you will probably have had to fight with your insurance company about the costs, and no doubt most of you will have found it stressful.

The National Association of Insurance Commissioners report for last year shows the average car insurance premium for Nevada against the rest of the country. The average annual premium in Nevada was $1,137 while car insurance for the rest of the country was noticeably less at only $937 per vehicle.

Since car insurance is more expensive for those of us who happen to live in Las Vegas or somewhere else in Nevada, we need to make sure we get a good deal for our money.

To secure both a good policy and also to get a good deal for their money, consumers must take care and purchase an auto insurance policy that makes sense and value for them. A good policy can be considered one that meets your minimum liability as a road user and also provides other levels of cover that you require without quibbles or problems from the insurance company should you need to make a claim.

Bodily injury and property damage cover can be purchased as what is known as split-limit cover or combined single-limit cover. If you choose to pay for a combined single limit, then the figures for property damage and bodily injury are combined ie. $40,000 is the minimum (required under Nevada law) combined single limit for all property damage and bodily injury.

Comprehensive and collision cover are not strictly required by law in Las Vegas, under Nevada law but you may find that it is offered to you by your insurer. It is also not available in some cases where the condition of the vehicle or the age of the driver would prohibit the costs required ie. the person is of minimum age or the vehicle is almost worthless

You are not required to carry medical payments or uninsured/under-insured motorist cover, but all insurance companies are required by law to offer you medical payments cover of at least $1000 and uninsured/under-insured motorist cover at an amount equal to your bodily injury cover.

If you are planning to lease a car you are advised to check the lease agreement since they generally require that you have a liability cover of $100,000 per person, $300,000 per accident and possibly a damage cover over the lower limit of $10,000 that is required by the law in Nevada.

Teri is an insurance actuary in Las Vegas and writes at the las vegas auto insurance guide where you can find more tips for finding auto insurance in Las Vegas and the rest of Nevada.

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