Anyone knows that insurance companies don’t want you to look for a cheaper policy. People who shop around for the cheapest rate are very likely to move their business because the odds are good of finding more affordable rates. Remarkably, a study showed that people who made a habit of comparing rates saved $865 a year compared to people who never compared rates.
If finding the cheapest price for insurance in Henderson is your ultimate goal, learning how to get rate quotes and compare coverages can save time and make the process easier.
If saving the most money is your goal, then the best way to get the cheapest car insurance rates in Henderson is to make a habit of comparing prices annually from different companies in Nevada. Prices can be compared by following these steps.
- Read and learn about what is in your policy and the modifications you can make to drop your rates. Many things that drive up the price such as multiple speeding tickets and a less-than-favorable credit rating can be eliminated by making small lifestyle or driving habit changes. This article provides information to help prevent expensive coverage and find additional discounts you may qualify for.
- Compare prices from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like GEICO and State Farm, while agents who are independent can provide rate quotes from many different companies. View companies
- Compare the quotes to your existing coverage and determine if cheaper Explorer Sport Trac coverage is available in Henderson. If you find better rates and make a switch, ensure coverage does not lapse between policies.
- Give notification to your current company of your decision to cancel your current car insurance policy and submit payment and a completed application to your new agent or company. Once the application is submitted, place the new certificate verifying proof of insurance somewhere easily accessible.
One key aspect of rate comparisons is to use the same liability limits and deductibles on each price quote and and to get prices from as many different insurance providers as possible. Doing this enables a fair rate comparison and the best price selection.
Lower rate quotes on Ford Explorer Sport Trac insurance in Henderson with these discounts
Insurance can be pricey, but you might find some hidden discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at quote time, but some must be manually applied before they will apply.
- Save with More Vehicles Insured – Buying insurance for all your vehicles on one policy can reduce the rates for all insured vehicles.
- Good Grades Discount – A discount for being a good student could provide a savings of up to 20% or more. The discount lasts up to age 25.
- Lower Rates for Military – Having an actively deployed family member could mean lower rates.
- Data Collection Discounts – Drivers that enable companies to scrutinize driving patterns by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if they are good drivers.
- Switch and Save Discount – A few insurance companies allow discounts for switching companies before your current coverage expires. It can save you around 10%.
- Organization Discounts – Being a member of qualifying employment or professional organizations may earn a discount on insurance.
Don’t be shocked that some of the credits will not apply to the entire policy premium. Most only reduce individual premiums such as liability and collision coverage. So even though you would think adding up those discounts means a free policy, you won’t be that lucky. But all discounts will help reduce your policy premium.
The illustration below illustrates the difference between Ford Explorer Sport Trac insurance premiums with and without discounts applied to the premium. The premium estimates are based on a male driver, no tickets, no at-fault accidents, Nevada state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, safe-driver, marriage, homeowner, and multi-car discounts applied.
A list of insurance companies and a summarized list of policyholder discounts can be read below.
- American Family offers premium reductions for air bags, TimeAway discount, early bird, good driver, bundled insurance, and accident-free.
- Farm Bureau discounts include good student, driver training, safe driver, multi-vehicle, and youthful driver.
- State Farm may offer discounts for multiple policy, Steer Clear safe driver discount, accident-free, driver’s education, multiple autos, student away at school, and safe vehicle.
- Travelers has discounts for hybrid/electric vehicle, early quote, multi-policy, IntelliDrive, and new car.
- The Hartford offers discounts for defensive driver, air bag, vehicle fuel type, bundle, and good student.
- GEICO has savings for daytime running lights, membership and employees, emergency military deployment, air bags, and military active duty.
- Progressive offers discounts including good student, multi-policy, online quote discount, multi-vehicle, online signing, homeowner, and continuous coverage.
Before you buy a policy, ask all the companies which credits you are entitled to. A few discounts may not be available in Henderson. To locate providers with discount insurance rates in Henderson, click this link.
Shop Ford Explorer Sport Trac insurance online
Keep in mind that having more price comparisons increases the chance that you will find the best offered rates. Some companies don’t provide online Henderson Explorer Sport Trac insurance quotes, so it’s important to also get prices from the smaller companies as well.
The auto insurance companies shown below have been selected to offer price quotes in Henderson, NV. If multiple companies are listed, we recommend you visit two to three different companies to get the best price comparison.
Auto insurance statistics for a Ford Explorer Sport Trac
The rate information shown below covers different coverage costs for Ford Explorer Sport Trac models. Having a good grasp of how rates are established is important for making informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Explorer Sport Trac XLT 2WD | $256 | $484 | $416 | $24 | $124 | $1,304 | $109 |
| Explorer Sport Trac Limited 2WD | $294 | $484 | $416 | $24 | $124 | $1,342 | $112 |
| Explorer Sport Trac XLT 4WD | $294 | $484 | $416 | $24 | $124 | $1,342 | $112 |
| Explorer Sport Trac Limited 4WD | $332 | $590 | $416 | $24 | $124 | $1,486 | $124 |
| Explorer Sport Trac Limited AWD | $332 | $590 | $416 | $24 | $124 | $1,486 | $124 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate information does not factor in specific location information which can raise or lower prices noticeably.
Physical damage deductibles: Should you raise them?
When shopping for auto insurance, a common question is where should you set your physical damage deductibles. The rates below may aid in understanding the rate difference between low and high insurance deductibles. The first table uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Explorer Sport Trac XLT 2WD | $208 | $330 | $308 | $18 | $92 | $981 | $82 |
| Explorer Sport Trac Limited 2WD | $238 | $330 | $308 | $18 | $92 | $1,011 | $84 |
| Explorer Sport Trac XLT 4WD | $238 | $330 | $308 | $18 | $92 | $1,011 | $84 |
| Explorer Sport Trac Limited 4WD | $268 | $402 | $308 | $18 | $92 | $1,113 | $93 |
| Explorer Sport Trac Limited AWD | $268 | $402 | $308 | $18 | $92 | $1,113 | $93 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Explorer Sport Trac XLT 2WD | $168 | $266 | $308 | $18 | $92 | $852 | $71 |
| Explorer Sport Trac Limited 2WD | $194 | $266 | $308 | $18 | $92 | $878 | $73 |
| Explorer Sport Trac XLT 4WD | $194 | $266 | $308 | $18 | $92 | $878 | $73 |
| Explorer Sport Trac Limited 4WD | $218 | $324 | $308 | $18 | $92 | $960 | $80 |
| Explorer Sport Trac Limited AWD | $218 | $324 | $308 | $18 | $92 | $960 | $80 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price information does not factor in specific Henderson garaging location which can raise or lower rates considerably.
We can derive from the above data that using a $250 deductible will cost you roughly $12 more each month or $144 every year than choosing the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have at least 21 months between claims, you would come out ahead if you choose a higher deductible. Here’s a better example of how you can do this calculation yourself.
| Average monthly premium for $250 deductibles: | $87 |
| Average monthly premium for $500 deductibles (subtract): | – $75 |
| Monthly savings from raising deductible: | $12 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $12 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
One important note is that raising deductibles to get cheaper rates means you pay more out-of-pocket when you have a claim. You should have enough money stashed away in the event you need to pay the deductible for vehicle repair.
The information below highlights how deductible selection and can influence Ford Explorer Sport Trac annual premium costs for different categories of driver ages. The premiums are based on a single male driver, full physical damage coverage, and no additional discounts are factored in.
Price comparison of only insuring for liability
The information below shows the difference between Ford Explorer Sport Trac auto insurance rates with full coverage compared to only the Nevada minimum liability coverage. The price estimates are based on no tickets, no at-fault accidents, $250 deductibles, single status, and no discounts are factored in.
Guidelines for eliminating full coverage
There is no set guideline that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than about 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Ford Explorer Sport Trac settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after you pay the deductible. If it’s costing you more than $700 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are a few situations where removing full coverage is not a good idea. If you still owe a portion of the original loan, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not remove full coverage.
Why Your Insurance Rates might be higher
Consumers need to have an understanding of a few of the rating criteria that play a part in calculating your auto insurance rates. When you know what positively or negatively impacts premium levels, this enables informed choices that could help you find big savings. Many things are used in the calculation when quoting car insurance. Most are fairly basic such as your driving record, although others are more obscure such as your marital status or your vehicle rating.
- Consider raising physical damage deductibles – The deductibles you choose represent how much money the insured will be required to pay if a covered claim is submitted. Insurance for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Examples of covered claims are colliding with a stationary object, vandalism, and having a roll-over accident. The more expense you have to pay, the less your company will charge you for insurance.
- Filing insurance claims can cost you more – Car insurance companies in Nevada provide most affordable rates to policyholders who are not frequent claim filers. If you are the type of insured that files lots of claims you can expect higher premiums or even policy non-renewal. Your insurance policy is intended for larger claims.
- Prevent theft and reduce rates – Choosing a vehicle with a theft deterrent system can help lower your premiums. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms all help stop your car from being stolen.
- Avoid unnecessary add-on coverages – Policies have additional coverages that you can buy if you aren’t diligent. Coverage for things like vanishing deductibles, death and dismemberment, and additional equipment coverage may be wasting your money. These may sound like a good investment when you first buy your policy, but if you’ve never needed them in the past remove them and pocket the money.
- Never allow your policy to lapse – Allowing your coverage to lapse is a quick way to drive up your policy premiums. In addition to paying higher rates, the inability to provide proof of insurance could result in a fine, jail time, or a revoked license.
Local Henderson insurance agents
Certain consumers would prefer to have an agent’s advice and that is a personal choice. The biggest benefit of comparing rates online is that you can obtain lower rates but still work with a licensed agent. Buying insurance from local agents is especially important in Henderson.
By using this short form, the quote information is submitted to participating agents in Henderson that can give you free Henderson auto insurance quotes for your auto insurance coverage. You won’t even need to do any legwork because prices are sent straight to your inbox. You can find better rates without having to waste a lot of time. If for some reason you want to get a comparison quote from a specific auto insurance provider, you can always jump over to their website to submit a rate quote request.
If you want to buy auto insurance from a reputable agency, you should know the different types of agencies and how they can service your needs differently. Insurance agencies in Henderson are considered either exclusive or independent.
Independent Auto Insurance Agencies or Brokers
Agents of this type can sell policies from many different companies so they can insure your vehicles amongst many companies and get you the best rates possible. To transfer your coverage to a different company, they simply move the coverage in-house which requires no work on your part.
When comparing auto insurance rates, you will want to check rates from several independent agencies in order to have the best price comparison. Most independent agents also contract with additional companies that you may not be familiar with that may provide cheaper auto insurance rates.
The following is a list of independent insurance agencies in Henderson that can give you free price quotes.
- Yoder Insurance Ltd
283 Grand Olympia Dr – Henderson, NV 89012 – (702) 434-7640 – View Map - Centurion Insurance Services
1399 Galleria Dr #201 – Henderson, NV 89014 – (702) 871-0001 – View Map - Carl R Forman Insurance Agency
70 E Horizon Ridge Pkwy – Henderson, NV 89002 – (702) 732-7675 – View Map
Exclusive Auto Insurance Agents
Exclusive agencies have only one company to place business with like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are usually well trained on what they offer which helps them sell insurance even at higher premiums. Some insured continue to use the same exclusive agent primarily because of the brand and strong financial ratings.
Shown below is a list of exclusive insurance agencies in Henderson who can help you get comparison quotes.
- Randy Wilcox – State Farm Insurance Agent
11115 S Eastern Ave #130 – Henderson, NV 89052 – (702) 617-9111 – View Map - Farmers Insurance – Christopher Sutter
11201 S Eastern Ave #110 – Henderson, NV 89052 – (702) 260-8589 – View Map - Shelter Insurance – Joe Burnett
2759 Sunridge Heights Pkwy – Henderson, NV 89052 – (702) 269-5458 – View Map
Finding a good insurance agent should include more criteria than just a cheap price. Here are some questions you should ask.
- How are claims handled?
- How much experience to they have in personal lines coverages?
- Are they actively involved in the community?
- What insurance companies do they work with in Henderson?
- Can you get a list of referrals?
- Will the agent or a CSR service your policy?
Once you have answers to your satisfaction to these questions in addition to an acceptable price estimate, chances are good that you have found an insurance agency that can be relied on to adequately provide auto insurance.
Car insurance does more than just repair your car
Despite the fact that car insurance is not cheap in Henderson, insurance may not be optional for several reasons.
- Most states have compulsory liability insurance requirements which means state laws require a minimum amount of liability protection in order to license the vehicle. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Explorer Sport Trac with a loan, most lenders will make it a condition of the loan that you have comprehensive coverage to guarantee payment of the loan. If the policy lapses, the lender may insure your Ford at a significantly higher premium and force you to pay the higher premium.
- Car insurance protects not only your vehicle but also your assets. It will also reimburse you for medical bills for both you and anyone you injure as the result of an accident. Liability coverage will also pay to defend you if anyone sues you for causing an accident. If you have damage to your Ford as the result of the weather or an accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of having insurance greatly outweigh the cost, particularly if you ever have a claim. Despite what companies tell you, the average driver is overpaying over $865 each year so you should quote rates once a year at a minimum to ensure rates are competitive.
Henderson car insurance companies
Ending up with a highly-rated insurance provider can be rather challenging considering how many companies there are to choose from in Henderson. The ranking data below may help you pick which coverage providers you want to consider shopping prices with.
Top 10 Henderson Car Insurance Companies Ranked by Claims Service
- State Farm
- Esurance
- AAA Insurance
- Progressive
- Liberty Mutual
- GEICO
- Allstate
- Titan Insurance
- The Hartford
- Mercury Insurance
Top 10 Henderson Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- GEICO – A++
- State Farm – A++
- The Hartford – A+
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Titan Insurance – A+
Frequent quotes can save
We just covered quite a bit of information on how to shop for Ford Explorer Sport Trac insurance online. The key concept to understand is the more you quote Henderson auto insurance, the better likelihood of getting affordable Henderson auto insurance quotes. You may even be surprised to find that the best auto insurance rates are with a lesser-known regional company.
Cost effective Ford Explorer Sport Trac insurance can be purchased online and from local insurance agents, so you need to shop Henderson auto insurance with both in order to have the best price selection to choose from. A few companies do not offer rates over the internet and most of the time these smaller providers only sell coverage through local independent agents.
Drivers change insurance companies for a number of reasons such as not issuing a premium refund, an unsatisfactory settlement offer, lack of trust in their agent or even delays in responding to claim requests. It doesn’t matter why you want to switch switching car insurance companies can be easier than you think.
To read more, link through to these articles:
- How to Avoid Staged Accidents (State Farm)
- Who Has the Cheapest Henderson Car Insurance Rates for Infrequent Drivers? (FAQ)
- Who Has the Cheapest Car Insurance for Teenagers in Henderson? (FAQ)
- Who Has the Cheapest Auto Insurance for College Students in Henderson? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Toyota RAV4 in Henderson? (FAQ)
- Choosing an Insurance Company (Insurance Information Institute)
- Cellphones, Texting and Driving (iihs.org)
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)