Cheap Car Insurance in Nevada: If you’re a driver in Nevada, you already know that car insurance can take a big chunk out of your monthly budget. But finding cheap car insurance in Nevada doesn’t have to feel like searching for a needle in a haystack.
With the right approach, you can secure affordable coverage without compromising on protection. Let’s dive into everything you need to know about getting a cheap car insurance policy in Nevada, including tips on how to get a free quote.
Understanding Nevada’s Car Insurance Requirements
When shopping for car insurance, it’s essential to first understand what the state of Nevada requires. Nevada has specific minimum liability coverage amounts that every driver must carry to be legally on the road. Skipping out on this can land you in serious legal and financial trouble.
Minimum Liability Coverage in Nevada
Nevada law mandates that all drivers have at least the following liability coverage:
Bodily Injury Liability
This covers any medical expenses for injuries you cause to other drivers or passengers. The minimum required coverage is:
- $25,000 per person
- $50,000 per accident
Property Damage Liability
This pays for any damages you cause to other people’s property, such as vehicles, fences, or buildings. Nevada requires a minimum of $20,000 in property damage liability.
Optional Coverage to Consider
Although Nevada only mandates liability insurance, you may want to consider other optional coverage types to protect yourself fully.
Comprehensive Coverage
This covers non-collision-related incidents like theft, fire, or natural disasters. Given Nevada’s frequent dust storms and wildfires, comprehensive coverage can be a smart investment.
Collision Coverage
This protects your vehicle in case of an accident, regardless of who’s at fault.
Uninsured/Underinsured Motorist Protection
Nevada ranks high in uninsured drivers, making this coverage useful if you’re hit by someone without adequate insurance.
Factors That Influence Car Insurance Rates in Nevada
Not all drivers are the same, and your car insurance premium can fluctuate based on several factors. Understanding these can help you find cheaper rates.
Your Driving Record
If you’ve been in accidents or received traffic violations, insurers may consider you a high-risk driver, leading to higher premiums.
Location and Zip Code
Urban areas like Las Vegas tend to have higher insurance rates due to increased traffic and crime compared to rural areas.
Age and Gender
Statistically, younger drivers and males are considered higher risk, and as a result, they often face higher insurance premiums.
Type of Vehicle
Driving a luxury car or sports vehicle will cost you more in insurance than a standard sedan.
Coverage Level
The more coverage you want, the higher the premium. Opting for only the state-required minimum can save money but may leave you underinsured.
Credit Score
In Nevada, insurance companies can use your credit score to determine your rate. A higher score generally leads to lower premiums.
How to Find Cheap Car Insurance in Nevada
Getting cheap car insurance is all about strategy. Here are some key ways to save.
Compare Multiple Quotes
Never settle for the first quote you get. Shop around and compare rates from at least three different companies to find the best deal.
Consider Usage-Based Insurance
Some insurers offer programs that track your driving habits. Safe drivers can receive significant discounts through these usage-based policies.
Increase Deductibles for Lower Premiums
If you’re a safe driver and willing to take on a higher deductible, this can lower your monthly premiums.
Discounts to Look For
There are several discounts available that can significantly reduce your insurance costs:
Good Driver Discounts
If you have a clean driving record, ask about good driver discounts.
Bundling Discounts
Combine your car insurance with other policies like home or renters insurance for a bundling discount.
Low Mileage Discounts
If you don’t drive much, some insurers offer low mileage discounts.
Safety Features Discounts
Vehicles with advanced safety features, like anti-lock brakes or airbags, can qualify for safety-related discounts.
The Importance of Getting a Free Quote
Many drivers don’t realize how much money they can save by comparing quotes from different insurers. A free quote allows you to see the rates for various policies without committing to a purchase.
The Benefits of Comparing Insurance Providers
Different insurers offer different rates for the same coverage, and comparing them can lead to significant savings.
How a Free Quote Saves You Time and Money
Instead of calling individual agents, many websites allow you to get multiple quotes in one place, saving both time and effort.
How to Get a Free Quote Online in Minutes
To get started, visit an insurance comparison site or individual insurer websites. Enter basic information like your age, vehicle, and driving history, and you’ll receive a quote almost instantly.
Best Cheap Car Insurance Companies in Nevada
Some insurers are known for offering affordable coverage in Nevada. Here’s a quick look at the top contenders:
GEICO
Known for its low rates and strong customer service, GEICO offers a variety of discounts, including for good drivers and military members.
State Farm
State Farm is ideal for bundling multiple policies, offering significant savings for those with home and auto coverage.
Progressive
Progressive’s Snapshot program helps safe drivers save money by tracking their driving habits.
Farmers Insurance
Farmers provides strong customer support and a range of discounts, including those for good students and homeowners.
Local and Regional Insurers
Smaller Nevada-based companies may offer more personalized service and competitive rates tailored to the area.
Cheapest car insurance companies in Nevada
| Company | Avg. Annual Premium |
|---|---|
| GEICO | $1,205 |
| USAA | $1,579 |
| Progressive | $1,587 |
| State Farm | $1,767 |
| Nationwide | $2,101 |
| Farmers | $2,524 |
| Allstate | $2,951 |
Nevada auto insurance laws
Having car insurance is a requirement by law in Nevada and almost every state. Every driver must have at least the state minimum level of coverage in order to be road-legal, and also be able to show proof of insurance. Every state sets its own minimum limits for auto insurance.
Opting for the legal minimum coverage level is must more affordable than full coverage, but it can be risky — if you cause a catastrophic accident, you’d be caught in a situation where the minimum coverage isn’t enough to cover all the damage, leaving you liable to cover the rest out-of-pocket. Having liability-only insurance also wouldn’t cover any damage to your own vehicle. In Nevada, it costs about $723 every year for the state minimum level of coverage. This rate is less expensive than the nationwide average by 53%.
State minimum coverage
In order to drive legally in the state of Nevada, you must carry at least the minimum liability limits listed below:
- Bodily injury: $25,000 per person
- Bodily injury: $50,000 per accident
- Property damage: $20,000 per accident
Optional coverage in Nevada (varies by carrier):
- Comprehensive
- Collision
- Gap coverage
- Medical payments
- Roadside assistance
- Uninsured/underinsured motorist coverage
If you want more protection beyond the minimum, and coverage for your own car, you can opt for a policy with comprehensive and collision. This will protect you against the financial ramifications of car accidents, theft, vandalism or weather incidents. This is commonly known as full coverage.
Full coverage, however, comes at a higher cost. A full coverage insurance policy with a $1,000 deductible costs $1,648 in Nevada — that’s 128% more than liability-only insurance. If you choose a full coverage policy with a $500 deductible, expect to pay 164% more than you would for basic coverage.
Nevada car insurance premiums by rating factor
Rating factors such as your coverage level, age and driving history affect what you pay for car insurance. These will differ from person to person, and every company weighs these factors differently when generating quotes.
Consult average rates by rating factor below to get a better understanding of how much you can expect to pay in Nevada.
Cheap auto insurance in Nevada for minimum coverage
Getting liability-only coverage is much more affordable than full coverage. However, it can leave you at risk if you get in an accident. In Nevada, the average cost for minimum coverage is $60 per month, or $723 yearly — a savings of $1,186 compared to full coverage.
Cheapest insurance companies in Nevada for minimum coverage
| Company | Avg. Annual Premium |
|---|---|
| GEICO | $492 |
| Progressive | $576 |
| USAA | $634 |
| State Farm | $691 |
| Nationwide | $879 |
| Farmers | $1,107 |
| Allstate | $1,170 |
Cheap auto insurance in Nevada with bad credit
Almost every state includes credit score as a rating factor. Past data inform insurers that those with poor credit are more likely to file claims, making them riskier to insure. This is why drivers with bad credit are charged much higher rates. In Nevada, people with poor credit generally pay an additional $1,421 yearly compared to drivers with excellent credit. Consult sample rates from different insurance companies below and use this information as a jumping-off point in your search for affordable insurance with bad credit.
Cheapest insurance companies in Nevada for bad credit
| Company | Avg. Annual Premium |
|---|---|
| GEICO | $1,645 |
| Progressive | $2,309 |
| Nationwide | $2,945 |
| USAA | $3,399 |
| State Farm | $3,487 |
| Farmers | $3,963 |
| Allstate | $4,147 |
Cheap auto insurance in Nevada with an at-fault accident
It’s no secret that causing an accident will make your car insurance more expensive. Like bad credit, a history of accidents and citations is another risk indicator. In Nevada, a recent at-fault accident can raise your rate by as much as $1,139 annually.
Safe driver discounts
In addition to having a cheaper premium, some companies offer a safe driving discount. While the amount varies based on your company, it can range between 5 and 10%.
Cheapest insurance companies in Nevada after at-fault accident
| Company | Avg. Annual Premium |
|---|---|
| GEICO | $1,977 |
| USAA | $2,128 |
| State Farm | $2,256 |
| Progressive | $2,643 |
| Nationwide | $3,199 |
| Farmers | $3,593 |
| Allstate | $3,832 |
Cheap auto insurance for young drivers in Nevada
Teens and drivers in their 20s pay the most for car insurance compared to older age groups. This is due to younger drivers’ relative inexperience on the road compared to older drivers. Teen drivers pay more than three times the national average rate. In Nevada, teens pay $6,557 per year, which is more than $5,000 over the national average and over three times as much as a Nevada driver in their 30s.
Cheapest insurance companies in Nevada for teen drivers
| Company | Avg. Annual Premium |
|---|---|
| GEICO | $3,310 |
| USAA | $4,414 |
| State Farm | $6,363 |
| Nationwide | $6,609 |
| Progressive | $7,593 |
| Allstate | $8,724 |
| Farmers | $11,605 |
Nevada auto insurance rate by violation
Because every insurer’s pricing standards are different, it’s difficult to say how much exactly you can expect your rate to increase after getting a ticket or citation. Using data, however, we can provide general estimates.
See below for average auto insurance rates in Nevada after a variety of citations. Car insurance rates in Nevada after tickets, accidents, and violations
| Accident/Violation | Avg. Annual Premium | % Rate Increase | $ Rate Increase |
|---|---|---|---|
| One Med/PIP claim | $2,229 | 0% | $0 |
| None | $2,229 | 0% | $0 |
| Two Med/PIP claims | $2,259 | 1% | $30 |
| One comp claim | $2,265 | 2% | $36 |
| Not-at-fault accident | $2,315 | 4% | $86 |
| Two comp claims | $2,352 | 6% | $123 |
| Failure to wear a seat belt | $2,516 | 13% | $287 |
| Failure to show documents | $2,536 | 14% | $307 |
| Child safety restraint | $2,548 | 14% | $320 |
| Driving without lights | $2,573 | 15% | $344 |
| Driving with expired registration | $2,584 | 16% | $355 |
| Cell phone violation | $2,683 | 20% | $455 |
| Texting while driving | $2,692 | 21% | $463 |
| Speeding 6 – 10 MPH over limit | $2,695 | 21% | $466 |
| Speeding in school zone | $2,700 | 21% | $471 |
| Speeding 11 – 15 MPH over limit | $2,701 | 21% | $473 |
| Failure to yield | $2,702 | 21% | $473 |
| Speeding 16 – 20 MPH over limit | $2,705 | 21% | $476 |
| Failure to stop at a red light | $2,706 | 21% | $477 |
| Illegal turn | $2,706 | 21% | $478 |
| Driving too slowly | $2,708 | 22% | $480 |
| Following too closely | $2,721 | 22% | $492 |
| Wrong way/wrong lane | $2,721 | 22% | $492 |
| Improper passing | $2,754 | 24% | $526 |
| In 65 MPH zone | $2,808 | 26% | $579 |
| Speeding 21 – 25 MPH over limit | $2,875 | 29% | $647 |
| Passing school bus | $2,887 | 30% | $658 |
| At-fault accident – less than $1000 | $2,955 | 33% | $727 |
| Operating a vehicle without permission | $2,982 | 34% | $753 |
| At-fault accident – greater than $2000 | $3,197 | 43% | $968 |
| At-fault accident – $1000-$2000 | $3,197 | 43% | $968 |
| Open container | $3,245 | 46% | $1,016 |
| Refusal to submit to a chemical test | $3,673 | 65% | $1,444 |
| Driving with a suspended license | $3,761 | 69% | $1,532 |
| Racing | $3,773 | 69% | $1,544 |
| DUI | $3,816 | 71% | $1,588 |
| Reckless driving | $3,828 | 72% | $1,599 |
| Leaving scene of an accident/hit and run | $3,988 | 79% | $1,759 |
Nevada DUI laws
If you get a DUI in Nevada, your premium can increase by over $1,500 annually. It can be a challenge to find affordable car insurance with a recent DUI on your record, as it often triggers a larger uptick in premium costs than many other citations.
Low-cost car insurance after a DUI in Nevada
It’s of the utmost importance to assess each of your insurance choices carefully if you’re convicted of a DUI or DWI violation in Nevada. Car insurance premiums following a DUI can vary substantially by insurance company. For example, the least expensive car insurance company with a DUI in Nevada, Progressive, advertises annual rates 41% less than the statewide average insurance rate with a DUI. The second-cheapest insurer for auto insurance after a DUI in Nevada is GEICO, while the most expensive is Nationwide, with prices 5% above average.
Cheapest insurance companies in Nevada after DUI
| Company | Avg. Annual Premium |
|---|---|
| Progressive | $2,241 |
| GEICO | $2,587 |
| State Farm | $2,923 |
| USAA | $3,279 |
| Allstate | $3,802 |
| Farmers | $3,877 |
| Nationwide | $4,024 |
Rates by city
Car insurance companies calculate your rate based on many factors, and an important one is the location of the vehicle. The cheapest car insurance in Nevada is found in Fallon and the most expensive in Winchester.
Have a look at the table below to see average car insurance costs in some of Nevada’s biggest cities.
Car insurance rates in Nevada’s most populous cities
| City | Avg. Annual Premium |
|---|---|
| Reno | $1,869 |
| Henderson | $2,510 |
| North Las Vegas | $2,842 |
| Las Vegas | $2,856 |
| Paradise | $2,867 |
Car insurance price trends in Nevada
In Nevada, average annual auto insurance costs increased by $24 in the past year. A typical Nevada driver pays an average of $1,768 per year.
Year over year pricing trends in Nevada tend to be more volatile compared to rates across the United States. The highest surge of over $500 occurred in 2016, while the most notable decrease took place in 2012. While the cost of car insurance has overall increased over the past 10 years in Nevada, premiums have come down from their peak in recent years, especially in 2020.
NEVADA CAR INSURANCE RATE TRENDS
| Year | Avg. Annual Premium — Nevada | Yearly Change — Nevada | Avg. Annual Premium — US | Yearly Change — US |
|---|---|---|---|---|
| 2021 | $1,768 | $24 | $1,529 | $46 |
| 2020 | $1,744 | -$248 | $1,483 | -$61 |
| 2019 | $1,992 | $88 | $1,544 | $23 |
| 2018 | $1,904 | $58 | $1,521 | $84 |
| 2017 | $1,846 | $49 | $1,437 | $69 |
| 2016 | $1,797 | $512 | $1,368 | $88 |
| 2015 | $1,285 | $66 | $1,280 | $51 |
| 2014 | $1,219 | $30 | $1,229 | $34 |
| 2013 | $1,189 | $4 | $1,195 | -$80 |
| 2012 | $1,185 | -$299 | $1,276 | $82 |
How to Lower Your Car Insurance Premiums
While cheap car insurance is possible, there are also proactive steps you can take to reduce your premiums over time.
Maintain a Clean Driving Record
Safe driving pays off. Avoid traffic tickets and accidents to keep your rates low.
Take a Defensive Driving Course
Some insurers offer discounts to drivers who complete an approved defensive driving course.
Improve Your Credit Score
Since many insurers use credit scores, improving yours can help lower your insurance premiums.
Avoid Filing Small Claims
Frequent claims can raise your rates. For minor incidents, consider paying out-of-pocket instead of filing a claim.
Common Mistakes to Avoid When Buying Car Insurance
While hunting for the best deal, avoid these common mistakes.
Not Comparing Enough Quotes
Failing to shop around can cost you hundreds of dollars.
Choosing the Minimum Coverage Without Considering Risks
Although minimum coverage is cheaper, it may not offer enough protection in the event of a serious accident.
Overlooking Available Discounts
Many drivers don’t take advantage of the discounts available to them.
Ignoring Customer Service and Claims Processing
Low rates don’t always equate to good service. Choose a company with positive reviews for claims handling.
Understanding Nevada’s Unique Car Insurance Risks
High Traffic Areas and Accident Rates
Cities like Las Vegas have higher accident rates, which can drive up insurance premiums.
Rural vs. Urban Considerations
Rural drivers may face lower rates due to fewer accidents but should still consider coverage for wildlife-related incidents.
Nevada’s Harsh Weather and Its Impact on Claims
Nevada’s extreme weather conditions, including flooding and wildfires, can impact your choice of coverage.
FAQs about Car Insurance in Nevada
1. What are the minimum car insurance requirements in Nevada?
Nevada requires all drivers to carry at least the following minimum coverage:
- $25,000 for bodily injury or death per person.
- $50,000 for bodily injury or death per accident.
- $20,000 for property damage.
This basic liability coverage helps cover damages and injuries you cause to others in an accident.
2. Is car insurance mandatory in Nevada?
Yes, all drivers in Nevada must have car insurance to legally operate a vehicle. Proof of insurance is also required to register your car and renew your registration.
3. How can I find the cheapest car insurance in Nevada?
To find the cheapest car insurance in Nevada, compare quotes from multiple providers, consider raising your deductibles, and look for available discounts such as good driver, multi-car, and bundling policies. Many companies also offer discounts for paying in full or having certain safety features in your vehicle.
4. What happens if I drive without insurance in Nevada?
Driving without insurance in Nevada can result in fines, license suspension, and registration revocation. The state may also impose additional penalties such as requiring you to file an SR-22, which proves you have the necessary insurance coverage for a specific period.
5. Can I get car insurance in Nevada if I have a bad driving record?
Yes, you can still get car insurance with a bad driving record in Nevada, but it may be more expensive. High-risk drivers can look into state-sponsored insurance programs or non-standard insurance companies that specialize in covering individuals with traffic violations, accidents, or DUIs.
6. How does Nevada’s “fault” system impact my car insurance?
Nevada follows a “fault” system, meaning that the driver who is determined to be at fault in an accident is responsible for covering the damages. This impacts your insurance rates because if you’re found at fault, your insurer will have to pay for the other party’s expenses, which can lead to higher premiums.
7. What is uninsured/underinsured motorist coverage?
Uninsured/underinsured motorist (UM/UIM) coverage helps protect you if you’re in an accident with a driver who doesn’t have insurance or doesn’t have enough insurance to cover your expenses. While it’s optional in Nevada, it’s highly recommended, given the number of uninsured drivers on the road.
8. Does Nevada offer any special discounts for car insurance?
Yes, many insurance providers in Nevada offer discounts for good driving habits, safe vehicles, and bundling policies. Additional savings can come from low-mileage discounts, student discounts, and loyalty programs. Always ask your insurance company about available discounts to reduce your premiums.
9. How do I file a car insurance claim in Nevada?
After an accident, contact your insurance provider as soon as possible. You’ll need to provide details about the accident, including the date, time, and location, along with any police reports or witness statements. Your insurer will guide you through the claims process, including assessing the damage and settling the claim.
10. How can I lower my car insurance premiums in Nevada?
To lower your car insurance premiums in Nevada, you can:
- Increase your deductible.
- Bundle your auto policy with other types of insurance.
- Maintain a good driving record.
- Take advantage of discounts for good grades, safe driving, or having safety features in your car. Shopping around and comparing rates regularly can also help you find more affordable options.
Conclusion
Car insurance in Nevada is not only a legal requirement but also a vital protection for your financial well-being. By understanding your options and shopping around, you can find a policy that meets your needs without breaking the bank. Ready to get started? Get a free quote today and ensure you’re covered.
References
To ensure you have access to accurate and detailed information, we’ve gathered a list of reputable sources that can provide further reading and validation of the information covered in this guide to car insurance in Nevada. These resources offer up-to-date details on Nevada’s car insurance requirements, policies, and tips for finding the best rates.
- Nevada Division of Insurance
For an authoritative overview of Nevada’s car insurance laws and regulations, visit the official Nevada Division of Insurance website. This resource covers everything from state-specific requirements to consumer protections. - Nevada Department of Motor Vehicles (DMV)
The Nevada DMV website offers essential insights into insurance verification, registration procedures, and penalties for not carrying insurance in the state. - Insurance Information Institute (III)
The Insurance Information Institute provides a broad range of educational materials on insurance, including guidance on finding the cheapest car insurance policies in Nevada. - National Association of Insurance Commissioners (NAIC)
For detailed reports and comparisons of car insurance rates across states, including Nevada, check out the NAIC website. They offer tools to help you better understand your insurance options. - NerdWallet – Best Car Insurance in Nevada
For a consumer-friendly breakdown of the best car insurance providers in Nevada, visit NerdWallet’s guide. This page is frequently updated to reflect the latest deals, discounts, and pricing trends.
Each of these sources is reliable and well-regarded within the insurance industry, making them invaluable for anyone seeking comprehensive and up-to-date information about car insurance in Nevada.
