Car Insurance Quotes for a Land Rover LR2 in Los Angeles

No one likes paying for auto insurance, especially when they could find better rates elsewhere.

We don’t have to tell you that auto insurance companies don’t want you to look at other companies. Insureds who compare rates at least once a year will most likely move their business because there is a significant possibility of finding coverage at a more affordable price. A survey found that consumers who compared rates regularly saved over $70 a month compared to drivers who never shopped around for cheaper prices.

If saving the most money on insurance in Los Angeles is the reason for your visit, learning how to shop for insurance can make it easier to shop your coverage around. Since people have many options when it comes to auto insurance, it can be challenging to find the most cost effective auto insurance company.

Lowering your car insurance rates is not a difficult process. Just take a few minutes to get quotes to see which company has affordable Los Angeles auto insurance quotes.

Comparing quotes online is fast and free, and it takes the place of having to drive around to and from local Los Angeles insurance agencies. The internet can eliminate the need for a local agent unless you have a complicated situation and need the extra assistance of an agent trained in personal lines coverage. Although you can compare the best prices online but buy the policy through an agent.

The car insurance companies shown below are ready to provide free rate quotes in California. If more than one company is shown, we suggest you visit as many as you can to get a more complete price comparison.

Insurance quotes and discounts

Insurance can cost an arm and a leg, but there are discounts available to reduce the price significantly. Certain discounts will be applied at quote time, but some discounts are required to be asked for before they will apply.

• No Charge for an Accident – Not really a discount, but some companies like Progressive, State Farm and GEICO will let one accident slide without the usual rate increase if your claims history is clear for a particular time prior to the accident.
• Multi-line Discount – Larger insurance companies have better prices if you take out a life policy as well.
• Professional Memberships – Having an affiliation with qualifying clubs or civic groups is a good way to get lower rates on your bill.
• Data Collection Discounts – Drivers that enable their company to track driving habits by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates if their driving habits are good.
• Multi-Vehicle Discounts – Buying insurance for all your vehicles on the same insurance policy can reduce rates for all insured vehicles.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky.

The example below visualizes the comparison of Land Rover LR2 insurance premiums with and without discounts applied to the rates. Data assumes a male driver, no claims or driving citations, California state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-policy, marriage, multi-car, and safe-driver discounts applied.

To choose insurers with the best discounts in California, click here.

Rates and information analytics

The price information displayed below covers estimates of rate quotes for Land Rover LR2 models. Having insight into how insurance premiums are formulated can assist in making decisions when shopping around.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Premium costs do not factor in vehicle garaging location which can impact coverage rates significantly.

Choosing deductibles

One of the more difficult decisions when buying car insurance is how high should the deductibles for physical damage be. The following insurance rates lay out how much more you’ll pay when you buy lower versus higher insurance deductibles. The first table uses a $250 deductible for comprehensive and collision coverage and the second pricing table uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Price estimates do not factor in specific garaging location which can alter coverage prices greatly.

Using the data above, we can ascertain that using a $250 deductible will cost you approximately $19 more each month or $228 for a full year than quoting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at least 13 months between claim filings, you would probably save some money by going with a higher deductible.

The information below shows how choosing a deductible and can raise or lower Land Rover LR2 insurance costs for different categories of driver ages. The data assumes a single female driver, full coverage, and no discounts are applied to the premium.

Safe drivers pay less for car insurance

The illustration below highlights how traffic violations and at-fault accidents impact Land Rover LR2 premium costs for different age groups. The data assumes a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.

Rate comparison of full coverage and liability-only

The diagram below illustrates the comparison of Land Rover LR2 insurance costs with and without physical damage coverage. The rates are based on no accidents or driving violations, $250 deductibles, single marital status, and no discounts are taken into consideration.

Are you wasting money on full coverage?

There isn’t a steadfast formula to drop comp and collision coverage, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s say your Land Rover LR2 book value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $8,000 after the policy deductible has been paid. If it’s costing in excess of $800 a year to have full coverage, then you may need to consider dropping full coverage.

There are some conditions where buying only liability insurance is not recommended. If you still have a loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Buying auto insurance from Los Angeles insurance agencies

Many drivers prefer to sit down and talk to an agent and we recommend doing that Professional insurance agents are very good at helping people manage risk and help file insurance claims. An additional benefit of price shopping on the web is that you can obtain better rates but also keep your business local.

To find an agent, once you fill out this short form, your information is submitted to local insurance agents that provide free Los Angeles auto insurance quotes to get your business. It’s much easier because you don’t need to search for any insurance agencies since price quotes are sent instantly to you. If you wish to get a rate quote for a specific company, don’t hesitate to search and find their rate quote page and fill out the quote form the provide.

Finding the right company requires more thought than just a low price. These are valid questions to ask:

• What insurance companies do they work with in Los Angeles?
• Are they paid to recommend certain coverages?
• Can they help ensure a fair claim settlement?
• Do they offer claims assistance after hours?
• Is auto insurance their primary focus in Los Angeles?
• Is vehicle mileage a factor when determining depreciation for repairs?
• How is replacement cost determined on your vehicle?
• Does the company have a local claim office in Los Angeles?

The difference between Los Angeles auto insurance agents

When narrowing the list to find a reputable agency, it helps to know the two different types of agents from which to choose. Agents in Los Angeles may be either exclusive or independent (non-exclusive). Both types can sell auto insurance policies, but it’s worth mentioning the difference between them because it can impact buying decisions.

Exclusive Agencies

Exclusive insurance agents can only place business with one company and examples are State Farm or Allstate. They are unable to compare other company’s rates so keep that in mind. These agents are well schooled on their company’s products which can be an advantage.

Shown below are Los Angeles exclusive agents willing to provide rate quotes.

More Los Angeles agents

Independent Insurance Agents

Agents in the independent channel are not restricted to one company so they can quote policies with a variety of different insurance companies depending on which coverage is best. If premiums increase, the business is moved internally and you don’t have to switch agencies.

When comparison shopping, we recommend you get quotes from a few independent agents to have the best price comparison.

Shown below are Los Angeles independent insurance agents who can help you get price quote information.

More Los Angeles agents

Auto insurance can get complicated

When selecting the best auto insurance coverage for your personal vehicles, there really is no best way to insure your cars. Every situation is different.

Here are some questions about coverages that can help discover whether or not you will benefit from professional help.

• Which companies are cheaper for teen drivers?
• How much will a speeding ticket raise my rates?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• What are the financial responsibility laws in my state?
• Is my teenager covered with friends in the car?
• What is the minimum liability in California?
• Does liability extend to a camper or trailer?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Reduce Insurance Rates with These Tips

It’s important that you understand the factors that help calculate your policy premiums. If you know what impacts premium levels, this allows you to make good choices that could result in lower insurance prices.

The factors shown below are some of the items utilized by car insurance companies to help set your prices.

• Tough vocation may mean higher prices – Occupational choices like fire fighters, executives, and medical professionals usually pay the highest rates because of intense work situations and long work hours. On the flip side, jobs like professors, students and retirees pay the least.
• Don’t buy extra coverages that aren’t used – There are a ton of optional add-on coverages that sound like a good idea at the time if you don’t pay attention. Add-on coverages like coverage for rental cars, towing coverage, and Farm Bureau memberships are examples of these. They may seem good when discussing your needs, but your money might be better spent on other coverage so eliminate them to save money.
• Save money by having good credit – An insured’s credit score will be a significant factor in determining your rates. So if your credit score is not that good, you could potentially save money when insuring your Land Rover LR2 by repairing your credit. Insureds that have very good credit scores tend to file fewer claims and have better driving records than drivers who have poor credit scores.

• Gals tend to cost less – Over time, data shows that women are safer drivers than men. However, don’t assume that men are WORSE drivers than women. Both sexes cause auto accidents at about the same rate, but the males have costlier accidents. Not only that, but men also receive more costly citations like DWI (DUI) or reckless driving. Male teenagers generally have the highest accident percentage and thus pay the highest rates.

  The chart below shows the difference between Land Rover LR2 car insurance costs for male and female drivers. The rate quotes are based on no claims or driving violations, full coverage, $250 deductibles, drivers are not married, and no additional discounts are factored in.

• Advanced alarms and GPS tracking – Choosing to buy a car that has a built-in theft deterrent system can help lower your rates. Systems that thwart thieves like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent your vehicle from being stolen.
• Don’t cut corners with liability insurance – Liability coverage will provide protection in the event that you are responsible for causing personal injury or damage in an accident. It provides legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Keep the miles off and save – The more you drive in a year’s time the higher the price you pay to insure it. The majority of insurers calculate rates based upon how you use the vehicle. Autos that are left in the garage qualify for better rates compared to those used for work or business. Having the wrong rating on your LR2 may be wasting your money. It’s a smart idea to ensure your vehicle rating is showing the correct driver usage.

• Land Rover LR2 insurance claim data – Auto insurance companies use past insurance losses as a way to help calculate a profitable premium price. Vehicles that are shown to have increased claim numbers or amounts will cost more for coverage. The table below shows the loss history for Land Rover LR2 vehicles.

  For each policy coverage, the claim probability for all vehicles, as an average, equals 100. Numbers below 100 suggest a better than average loss history, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased chance of a larger loss.

  
  

  Land Rover LR2 Insurance Claim Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Land Rover LR2 4dr 4WD	115	162	99

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Best reasons to buy car insurance in California

Despite the high cost of buying insurance for a Land Rover LR2 in Los Angeles, paying for car insurance may be mandatory for several reasons.

First, most states have minimum liability requirements which means you are required to carry a minimum amount of liability protection in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if you have a lien on your vehicle, it’s most likely the lender will make it mandatory that you have full coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Land Rover for a lot more money and force you to pay for it.

Third, car insurance preserves both your Land Rover LR2 and your personal assets. It will also cover most medical and hospital costs that are the result of an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance are definitely more than the cost, especially when you need to use it. In a recent study of 1,000 drivers, the average customer is wasting up to $830 a year so smart consumers compare quotes at every renewal to save money.

More effort can pay off

Insureds change insurance companies for a variety of reasons including an unsatisfactory settlement offer, being labeled a high risk driver, extreme rates for teen drivers and even denial of a claim. No matter why you want to switch, finding a new auto insurance company can be easier than you think.

When shopping online for auto insurance, it’s very important that you do not skimp on coverage in order to save money. Too many times, drivers have reduced uninsured motorist or liability limits and found out when filing a claim they didn’t purchase enough coverage. Your aim should be to purchase plenty of coverage at the best possible price but still have enough coverage for asset protection.

We just showed you many ways to compare Land Rover LR2 insurance prices in Los Angeles. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. Consumers could even find that the best price on auto insurance is with a small mutual company.

Additional information is available below:

• Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
• Who Has the Cheapest Car Insurance Rates for Nurses in Los Angeles? (FAQ)
• How Much is Los Angeles Auto Insurance for a Ford F-150? (FAQ)
• How Much are Auto Insurance Rates for 18 Year Olds in Los Angeles? (FAQ)
• Credit and Insurance Scores (Insurance Information Institute)
• Comprehensive Coverage (Liberty Mutual)
• Keeping Children Safe in Crashes Video (iihs.org)
• Older Driver Statistics (Insurance Information Institute)