Do You Live In Nevada And Need Car Insurance?
Sorting out your auto insurance is an expensive, but necessary, annual expense for most of us.
Have you ever had to make a claim? Out of those of you that can answer yes, I bet there is a fair number of you that were disappointed with their insurer – some of you will have had to chase the insurance company, some of you will no doubt have had to battle with the insurer about the costs, I bet most of you will have found it stressful.
The National Association of Insurance Commissioners included, in its annual report of 2008, a comparison of the average auto insurance premium for Nevada against the rest of the country. The report revealed that the average premium per vehicle in Nevada state was $1,137 annually, whilst private passenger auto 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.
Now, both bodily injury and property damage coverage (liability coverage) can be bought as split-limit coverage or combined single-limit cover. If you choose to purchase liability cover as a combined single limit, then the figures for bodily injury and property damage are combined ie. $40,000 is the combined single limit for all bodily injury and/or property damage, and this figure is the minimum combined single-limit cover allowable by the law of Nevada.
Comprehensive and collision cover are not required in Las Vegas, under Nevada law. 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 generally not required to carry medical payments but all insurance companies are required by law to offer you a medical payments liability cover of at least $1000 and uninsured/under-insured motorist cover at an amount equal to the bodily injury cover that you decide to purchase.
If you are planning on a car lease in Las Vegas or elsewhere in Nevada, then we would advise you to check your lease agreement carefully since they commonly 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. These are minimum auto insurance requirements for Las Vegas and the state of Nevada as a whole.
Teri is an insurance broker for a company in Las Vegas and specializes in finding suitable car insurance deals in Las Vegas and Nevada. You can find more tips and advice for finding your car insurance in Nevada at the insurance guide where Teri writes.
