Embarking on the quest for the cheapest car insurance in Nevada demands an in-depth understanding of the state’s distinctive driving landscape and its impact on insurance costs. Nevada ranks in the top 10 states with insurance rates that surpass the average, posing a difficulty for residents aiming to secure affordable coverage. The average annual expense for full coverage in the state tallies up to $2,779, while minimum coverage costs average around $973 annually.
Despite the escalating cost of auto insurance, Nevada still offers viable options for inexpensive coverage. Our extensive analysis reveals that Nevada’s average annual auto insurance expense reaches $1,913, exceeding the national average by about 24%, signifying the state’s relatively higher insurance costs. Factors like age, location, and driving history influence insurance quotes in Nevada, contributing to an average annual cost of $1,768 — $239 more than the national average.
In this comprehensive guide, we navigate Nevada’s distinct insurance landscape to unveil the most economical policies suitable for drivers across diverse demographics and driving histories.
Cheapest Car Insurance in Nevada
In January 2024, the average annual expense for full coverage in Nevada tallies up to $2,779, while minimum coverage costs reach an average of $973 annually. The state’s typical yearly expense for full coverage is $2,354, a 36% increase over the national average of $1,732. However, amidst these figures, affordable insurance alternatives exist. Our thorough evaluation of multiple insurers unveils the most competitive rates in Nevada, enabling you to secure budget-friendly coverage options.
What is the cheapest car insurance in Nevada?
According to our analysis, Nevada’s average yearly auto insurance cost is $1,913, 24% over the national average. State Farm and Geico stand out with the most budget-friendly rates, offering an average annual premium of $1,233, making them the cheapest options in the state.
| COMPANY | AVERAGE RATE |
| Geico | $1,233 |
| State Farm | $1,233 |
| USAA | $1,267 |
| Nationwide | $1,495 |
| Progressive | $1,696 |
| Mercury | $1,722 |
| Travelers | $1,738 |
| Statewide Average | $1,913 |
| Farmers | $2,117 |
| Allstate | $2,237 |
| American Family | $2,278 |
| Key | $2,493 |
| CSAA | $3,450 |
How we chose the cheapest companies in Nevada
Our comprehensive methodology for determining Nevada’s most economical car insurance companies underwent a meticulous and data-centric analysis. We rigorously assessed premium quotes from multiple insurers, scrutinizing diverse coverage options, policyholder demographics, and geographical influences. Beyond rate comparisons, we factored in discounts, customer satisfaction, and the financial robustness of insurers. This thorough process assures that our recommendations emphasize affordability while upholding superior service quality and reliability for residents across Nevada.
Comparing car insurance quotes can help you zero in on the best deal that falls within your budget and provide the coverage you need in case of an accident. You can use Beem to find the best insurance quotes to help you make the right choice.
Cheap car insurance in Nevada
In Nevada, car insurance averages $1,768 yearly, exceeding the national rate by $239. Individual premiums hinge on factors like age, location, and driving history. The state’s $1,913 annual average is 24% above the national average of $1,543, varying due to personalized considerations in insurance quotes.
Nevada rates for teen drivers
Nevada’s 17-year-old female drivers encounter average car insurance rates of $3,344. At the same time, their male counterparts face slightly lower rates at $3,043—notably below the statewide averages of $6,887 (females) and $7,943 (males). Geico offers the most affordable rates, whereas Progressive presents the highest averages, with males at $13,780 and females at $12,338 per year.
| COMPANY | TEEN FEMALE DRIVERS | TEEN MALE DRIVERS |
| Geico | $3,344 | $3,043 |
| State Farm | $3,351 | $4,178 |
| Nationwide | $4,621 | $5,385 |
| Travelers | $5,494 | $6,964 |
| Mercury | $7,830 | $9,421 |
| Allstate | $9,009 | $10,829 |
| Progressive | $12,338 | $13,780 |
Cheapest for 20-year-old drivers
Securing budget-friendly car insurance for individuals in their 20s involves obtaining multiple quotes to identify the most economical options. The insurance cost can be notably steep for younger drivers in their twenties; however, premiums tend to decrease as these drivers gain more on-road experience. However, certain insurance providers consistently offer more competitive rates for young drivers. Therefore, exploring various insurance companies to discover the most advantageous and cost-effective policies available is advisable.
Cheapest full coverage car insurance in Nevada for 20-year-olds
Among 20-year-old drivers in Nevada seeking affordable full coverage, Progressive offers competitive rates at $272 per month, followed closely by Country Financial at $273 per month. Geico also provides a feasible option, offering coverage at about $281 monthly. These insurers are recognized for providing the most economical full coverage plans among individuals with clean driving records in the state.
Cheapest minimum coverage car insurance in Nevada for 20-year-olds
Geico leads 20-year-old Nevada drivers opting for minimum coverage, providing around $80 monthly. Progressive follows closely at $99 per month, while Country Financial offers a viable choice at approximately $111 monthly. These insurers provide the most cost-effective minimum coverage plans for this age group in Nevada.
Cheapest auto insurance in Nevada for 20-year-olds with poor credit
Geico offers the most affordable rates for 20-year-old drivers in Nevada with poor credit at about $116 monthly for minimum coverage. Progressive follows at around $122 per month, while Dairyland provides coverage at roughly $150 per month. These insurers offer budget-friendly options for those facing credit challenges in the state.
Cheapest auto insurance in Nevada for 20-year-olds with one speeding ticket
Geico is the most affordable option for 20-year-old drivers in Nevada with recent speeding tickets, offering around $100 monthly for minimum coverage. Progressive follows closely at $109, with State Farm as another viable option at $140 monthly, providing competitive rates despite the violation.
Cheapest auto insurance in Nevada for 20-year-olds with one at-fault crash
Progressive is the top choice for 20-year-old drivers in Nevada with one at-fault crash, providing approximately $119 per month for minimum coverage. Geico follows closely at about $123 per month, while State Farm offers another viable option at around $163 per month. These insurers present competitive rates despite a recent at-fault accident.
Cheapest auto insurance in Nevada for 20-year-olds after a DUI
Progressive is the most economical choice for 20-year-old drivers in Nevada with a DUI, offering $106 monthly for minimum coverage. Geico follows at $152, and Dairyland presents another option at around $165 monthly, offering reasonable rates despite the DUI.
Cheapest for 30-year-old drivers
As individuals reach their 30s, car insurance costs typically decrease. Nevertheless, factors like driving history and vehicle type affect premiums. Securing discounts and comparing quotes from insurers remains crucial for 30-year-old drivers seeking affordable rates at this stage.
Cheapest full coverage car insurance in Nevada for 30-year-olds
For 30-year-old drivers in Nevada seeking affordable full coverage, Progressive presents a compelling option with rates averaging around $117 monthly. Following closely, Travelers offers competitive rates at about $118 per month. Additionally, Country Financial provides a feasible choice with coverage at roughly $153 per month. These insurers stand out for offering cost-effective full coverage plans tailored for drivers in their thirties in the state.
Cheapest minimum coverage car insurance in Nevada for 30-year-olds
For 30-year-old drivers in Nevada seeking minimum coverage, State Farm offers insurance at $33 per month. Progressive follows at $41 per month, with Travelers presenting another option at $44 per month, providing budget-friendly plans for this age group.
Cheapest auto insurance in Nevada for 30-year-olds with poor credit
Progressive offers full monthly coverage for 30-year-old drivers in Nevada with poor credit at around $167. Travelers follows at $185 per month, with Country Financial as another option at $236 per month, providing competitive rates despite credit challenges.
Cheapest auto insurance in Nevada for 30-year-olds with one speeding ticket
State Farm stands out as the most economical choice for 30-year-old drivers in Nevada with a recent speeding ticket, providing approximately $38 per month for minimum coverage. Travelers closely follow at about $54 per month, while Progressive offers another viable option at around $55 per month. Despite a recent speeding violation, these insurers offer competitive rates for this age group in Nevada.
Cheapest auto insurance in Nevada for 30-year-olds with one at-fault crash
For 30-year-old drivers in Nevada with a recent at-fault crash, Travelers emerges as the top choice, providing coverage at approximately $173 per month for full coverage. Progressive follows at about $179 per month, while State Farm offers another viable option at around $201. Despite a recent at-fault accident, these insurers provide competitive rates tailored for this age group in Nevada.
Cheapest auto insurance in Nevada for 30-year-olds after a DUI
Progressive stands out as the most affordable option for 30-year-old drivers in Nevada with a DUI, offering coverage at approximately $149 per month for full coverage. Travelers follow with rates averaging around $203 per month, while Country Financial offers another competitive choice at roughly $235 monthly. Despite a DUI on record, these insurers provide comparatively reasonable rates for this age group in Nevada.
Cheapest for 40-year-old drivers
Typically, individuals in their 40s experience more favorable insurance rates than younger demographics. However, their premiums might still be higher than those of older age groups. To secure cost-effective car insurance, seeking quotes from various insurers remains the most effective approach. Additionally, good drivers who infrequently use their vehicles might find value in pay-per-mile insurance, which bases charges on the number of miles driven. This tailored approach ensures that 40-year-old drivers can access diverse and potentially more economical insurance alternatives suited to their driving habits and preferences.
Cheapest full coverage car insurance in Nevada for 40-year-olds
Travelers presents an appealing choice for 40-year-old drivers in Nevada seeking affordable full coverage, offering rates averaging around $109 per month. Progressive closely follows, providing coverage at about $110 per month, while Country Financial offers another viable option at roughly $140 per month. These insurers stand out for providing cost-effective full coverage plans suitable for this age group in Nevada.
Cheapest minimum coverage car insurance in Nevada for 40-year-olds
When considering the minimum coverage in Nevada, Progressive is a top choice for 40-year-old drivers, offering insurance at approximately $39 per month. State Farm follows closely at about $40 per month, while Travelers provides another competitive option at roughly $42 per month. These insurers stand out for providing the most budget-friendly minimum coverage plans suitable for this age group in Nevada.
Cheapest auto insurance in Nevada for 40-year-olds with poor credit
For 40-year-old drivers with poor credit scores in Nevada, Progressive offers the most affordable rates, averaging around $156 monthly for full coverage. Travelers follow suit, providing coverage at roughly $167 per month, while Country Financial presents another viable choice at approximately $213 per month. Despite challenges related to credit history, these insurers offer competitive rates for this age group in Nevada.
Cheapest auto insurance in Nevada for 40-year-olds with one speeding ticket
State Farm is the most economical choice for 40-year-old drivers in Nevada with a recent speeding ticket, offering approximately $45 per month for minimum coverage. Progressive follows closely, providing insurance at around $52 per month, while Travelers offers another competitive option at roughly $54 per month. Despite a recent speeding violation, these insurers offer competitive rates for this age group in Nevada.
Cheapest auto insurance in Nevada for 40-year-olds with one at-fault crash
Travelers emerge as the top choice for 40-year-old drivers in Nevada with a recent at-fault crash, providing approximately $164 monthly for full coverage. Progressive follows at about $170 per month, while State Farm offers another viable option at around $199. Despite a recent at-fault accident, these insurers provide competitive rates tailored for this age group in Nevada.
Cheapest auto insurance in Nevada for 40-year-olds after a DUI
Progressive stands out as the most affordable option for 40-year-old drivers in Nevada with a DUI, offering coverage at approximately $140 per month for full coverage. Travelers follow with rates averaging around $193 per month, while Country Financial offers another competitive choice at roughly $212 monthly. Despite a DUI on record, these insurers provide comparatively reasonable rates for this age group in Nevada.
Cheapest for 50-year-old drivers
Typically, individuals in their 50s benefit from more affordable car insurance rates compared to various other age brackets. These rates tend to decline as they approach their 60s and accumulate more driving experience. However, it’s important to note that certain factors like gender and location can still influence insurance premiums. Hence, it remains prudent for 50-year-old drivers to actively compare quotes from multiple insurers to secure the most advantageous rates. Consulting our catalog of budget-friendly auto insurance companies is a helpful starting point in this endeavor.
Cheapest full coverage car insurance in Nevada for 50-year-olds
Travelers emerges as a top choice for 50-year-old drivers in Nevada seeking economical full coverage, offering rates averaging around $103 per month. Progressive closely follows, providing coverage at about $104 per month, while Country Financial presents another viable option at roughly $134 per month. These insurers excel in offering cost-effective full coverage plans suitable for this age group in Nevada.
Cheapest minimum coverage car insurance in Nevada for 50-year-olds
When considering the state’s minimum coverage, Progressive is an attractive choice for 50-year-old drivers, offering insurance at approximately $38 per month. Travelers follows closely, providing coverage at around $40 per month, while State Farm offers another competitive option at roughly $41 per month. These insurers are known for providing the most budget-friendly minimum coverage plans suitable for this age group in Nevada.
Cheapest auto insurance in Nevada for 50-year-olds with poor credit
Progressive provides the most affordable rates for 50-year-old drivers with poor credit in Nevada, averaging around $140 monthly for full coverage. Travelers follows closely at approximately $158 per month, with Country Financial offering coverage at about $204 per month. Despite credit challenges, these insurers offer competitive rates tailored for this specific age group in Nevada.
Cheapest auto insurance in Nevada for 50-year-olds with one speeding ticket
State Farm is the most budget-friendly option for 50-year-old drivers in Nevada with a recent speeding ticket, providing around $47 per month for minimum coverage. Despite recent speeding violations in this age group, Progressive and Travelers offer competitive rates at approximately $49 and $52 per month.
Cheapest auto insurance in Nevada for 50-year-olds with one at-fault crash
Travelers is the preferred choice for 50-year-old drivers in Nevada after an at-fault crash, offering full coverage at around $157/month. Progressive and State Farm provide competitive options at approximately $178/month and $183/month, respectively, despite recent accidents in this age group in Nevada.
Cheapest auto insurance in Nevada for 50-year-olds after a DUI
Despite a DUI record, Progressive offers the most affordable full coverage at about $139/month for 50-year-old drivers in Nevada. Travelers and Country Financial also provide competitive options at around $184/month and $203/month, respectively, maintaining reasonable rates for this age group.
Cheapest for 60-year-old drivers
While typically enjoying more affordable car insurance rates than numerous other age brackets, individuals in their 60s should note that prices might rise as they age. To secure cost-effective car insurance tailored for seniors, 60-year-old drivers must actively compare quotes from various insurers. Additionally, taking advantage of any available discounts designed for senior citizens is an intelligent approach to further reduce insurance costs within this age group.
Cheapest full coverage car insurance in Nevada for 60-year-olds
For 60-year-old drivers in Nevada, Travelers offers economical full coverage at around $101/month. Progressive follows closely at $102/month, and Country Financial provides a viable option at roughly $131/month.
Cheapest minimum coverage car insurance in Nevada for 60-year-olds
State Farm offers insurance for 60-year-old drivers seeking minimum coverage in Nevada at about $34 per month. Progressive and Travelers provide competitive rates at $37 and $41 per month.
Cheapest auto insurance in Nevada for 60-year-olds with poor credit
In Nevada, 60-year-old drivers with poor credit can find affordable full coverage with Progressive at around $137 monthly. Travelers and Country Financial offer competitive rates as well.
Cheapest auto insurance in Nevada for 60-year-olds with one speeding ticket
State Farm stands out for 60-year-old drivers in Nevada with recent speeding tickets, offering affordable minimum coverage at about $38 per month. Progressive and Travelers also provide competitive rates despite the speeding violation, maintaining choices for this age group.
Cheapest auto insurance in Nevada for 60-year-olds with one at-fault crash
Travelers emerge as the top choice for 60-year-old drivers in Nevada with a recent at-fault crash, providing approximately $160 monthly for full coverage. Progressive follows at about $175 per month, while State Farm offers another viable option at around $183 per month. Despite a recent at-fault accident, these insurers provide competitive rates tailored for this age group in Nevada.
Cheapest auto insurance in Nevada for 60-year-olds after a DUI
Progressive stands out as the most affordable option for 60-year-old drivers in Nevada with a DUI, offering coverage at approximately $137 per month for full coverage. Travelers follow with rates averaging around $189 monthly, while Country Financial offers another competitive choice at roughly $197. Despite a DUI on record, these insurers provide comparatively reasonable rates for this age group in Nevada.
Cheapest for 70-year-old drivers
As drivers hit 70, insurance costs may rise. To find affordable coverage, compare quotes and seek insurers providing senior discounts. Defensive driving courses may unlock reduced rates, offering budget-friendly options for older drivers.
Cheapest full coverage car insurance in Nevada for 70-year-olds
For 70-year-old drivers in Nevada seeking full coverage, Travelers offers about $116/month, followed by Progressive at $124/month and Country Financial at $140/month, providing competitive options for this age group.
Cheapest minimum coverage car insurance in Nevada for 70-year-olds
State Farm offers a minimum $42/month coverage for 70-year-old drivers in Nevada. Geico, Travelers, and Progressive follow closely, providing budget-friendly options around $46-$47/month, catering to this age group.
Cheapest auto insurance in Nevada for 70-year-olds with poor credit
For 70-year-old drivers in Nevada with poor credit, Progressive offers full coverage at $157/month. Travelers and Country Financial follow closely, providing competitive options around $179-$214/month, accommodating this age group.
Cheapest auto insurance in Nevada for 70-year-olds with one speeding ticket
State Farm offers affordable coverage for 70-year-old drivers in Nevada with a recent speeding ticket at about $49/month for minimum coverage. Progressive, Travelers, and Geico also offer competitive rates.
Cheapest auto insurance in Nevada for 70-year-olds with one at-fault crash
Travelers stands out as the preferred option for 70-year-old drivers in Nevada with a recent at-fault crash at $188/month for full coverage. State Farm and Country Financial also offer competitive rates.
Cheapest auto insurance in Nevada for 70-year-olds after a DUI
After a DUI, Progressive offers the most economical full coverage for 70-year-old drivers in Nevada at about $179/month. Country Financial and Travelers also provide competitive options around $213-$223/month.
How Much Is Full Coverage Car Insurance in Nevada?
The average cost of full coverage car insurance in Nevada exceeds the national average by 38%. Full coverage provides comprehensive financial protection for your vehicle, encompassing both comprehensive and collision coverage. Though not obligatory, insurance experts often advocate for this coverage. Geico and Country Financial emerge as top considerations for those seeking affordable full coverage in Nevada, offering the most budget-friendly average rates. Opting for full coverage can mitigate the financial burden of repairing or replacing your vehicle following an at-fault accident or other incidents.
Average annual car insurance rates in Nevada by company
Nevada’s average annual car insurance expense amounts to $1,913, a 24% increase from the national average of $1,543. Among insurers in the state, State Farm and Geico stand out with the most budget-friendly average rates, both offering an annual sample rate of $1,233. These companies provide comparatively lower premiums, presenting feasible options for cost-effective car insurance coverage in Nevada.
How much is liability-only coverage car insurance in Nevada?
In Nevada, minimum liability coverage comprises property damage and bodily injury protection. Property damage covers expenses incurred due to damages caused to others’ property or vehicles. In contrast, bodily injury covers costs for injuries sustained by others. On average, Nevada’s minimum liability car insurance costs around $114 monthly or $1,368 annually. State Farm offers the most economical rates for liability-only coverage in Nevada, charging $63 monthly, marking a 45% reduction compared to the state’s average, making it a cost-effective choice for meeting the state’s insurance requirements.
Minimum car insurance requirements in Nevada
Nevada’s car insurance regulations dictate minimum liability coverage: $25,000 for one person’s bodily injury or death, $50,000 for two or more individuals, and $20,000 for property damage in a single accident. This mandatory coverage includes bodily injury liability, addressing others’ injury expenses, and property damage liability for repairs. Specifically, the state mandates $25,000 per person and $50,000 per accident for bodily injury coverage and $20,000 for property damage. Adhering to the 25/50/20 liability coverage ensures compliance with Nevada’s minimum insurance prerequisites, which are crucial for meeting legal requirements. These stipulations guarantee financial protection for drivers and affected parties in case of accidents, emphasizing responsible coverage for property damage and bodily injuries in the state.
Tips for How to Get Cheap Car Insurance in Nevada
When seeking affordable car insurance in Nevada, consider these strategies to secure favorable rates while maintaining adequate coverage:
- Compare Quotes: Gather and compare quotes from various insurers to identify cost-effective options that meet your coverage needs and budget.
- Maintain a Clean Driving Record: A good driving history significantly impacts insurance rates. Ensure you avoid accidents and traffic violations to qualify for lower premiums.
- Adjust Deductibles: Opt for higher deductibles to potentially lower premiums, ensuring the chosen amount remains manageable in case of an unforeseen incident.
- Seek Available Discounts: Inquire about discounts for safe driving records, policy bundling, low mileage, or vehicle safety features such as anti-theft systems and anti-lock brakes.
- Assess Coverage Requirements: Understand Nevada’s minimum coverage requirements and evaluate your needs to avoid unnecessary add-ons that could inflate premiums.
- Improve Credit Score: A higher credit score often correlates with lower insurance rates. Maintain a good credit score by paying bills on time and monitoring your credit report regularly.
- Explore Usage-Based Insurance: Some insurers offer programs that calculate premiums based on driving behaviors. Safe drivers or those with limited vehicle usage may benefit from this option.
- Affiliation Discounts: Check for discounts you may qualify for through professional associations or affiliations, potentially reducing your insurance costs.
No-fault insurance in Nevada
Nevada’s car insurance system diverges from no-fault policies. While this can mean lower premiums, in accidents caused by negligent drivers, victims may need to pursue legal action for compensation. In Nevada, the at-fault party is accountable for accident damages. Coverage against uninsured or underinsured drivers is available. Still, those injured in accidents can directly claim damages from the responsible party, distinct from no-fault states’ compensation mechanisms.
Conclusion
Navigating Nevada’s car insurance landscape reveals challenges and opportunities for securing affordable coverage. Despite its higher-than-average insurance rates, diverse options exist, with companies like Geico and State Farm offering competitive rates. Individual factors like age, driving history, and location significantly impact premiums. Understanding state requirements and employing strategic measures like comparing quotes and maintaining a clean record can help drivers find the cheapest car insurance in Nevada tailored to their needs in Silver State.
Remember that auto insurance with Beem covers damage to your vehicle, other vehicles or property, and injuries to yourself or others.
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FAQs
Is car insurance required in Nevada?
Nevada law mandates liability insurance for all vehicles registered and operated on public streets, covering bodily injury and property damage.
Which cars are required to be insured in Nevada?
An insurance policy must cover all vehicles registered and used on public streets in Nevada.
When should I get car insurance in Nevada?
Obtain car insurance immediately upon purchasing a new vehicle or relocating to Nevada.
How much car insurance do I need in Nevada?
The required car insurance in Nevada includes $25,000 bodily injury liability per person, $50,000 per accident, $20,000 property damage liability, and recommended uninsured motorist coverage.
How much is car insurance in my city in Nevada?
Car insurance rates fluctuate across cities in Nevada. For precise quotes, furnish your exact location to insurance companies when soliciting quotes.
What happens if my car is not properly insured in Nevada?
Driving uninsured in Nevada can result in fines and possible license suspension, with varying penalties based on the coverage lapse duration. A coverage gap may also affect future insurance rates.
Is Nevada a no-fault state?
No, Nevada follows an “at-fault” system where the responsible driver in an accident is liable for the damages, including bodily injury and property damage.
Do I need uninsured motorist coverage in Nevada?
While not mandatory, Nevada insurers must offer uninsured/underinsured motorist coverage meeting state-defined minimums.
Is liability insurance required in Nevada?
Yes, Nevada necessitates liability coverage for bodily injury ($25,000 per person, $50,000 per accident) and property damage ($20,000).
Does Nevada accept digital insurance cards?
Indeed, Nevada allows the electronic presentation of insurance evidence via mobile devices like cell phones.
Is insurance expensive in Nevada?
Yes, car insurance in Nevada is relatively costly, ranking as the ninth most expensive state for vehicle insurance, as per the NAIC’s assessment.
What’s the average cost of car insurance in Nevada?
The average cost of car insurance in Nevada varies depending on personal factors and location. State-specific requirements and individual risk factors may influence rates. Obtain personalized quotes for accurate insurance costs.
