How much is average car insurance in Nevada, NV?
The average car insurance rate in Nevada is $717 a year. That’s $140 more than the nationwide average ($574), making it among the more pricey states for auto coverage. Here are annual and average monthly car insurance rates for common policy amounts for drivers in Nevada:
- State minimum liability: $60 monthly, $717 yearly
- 50/100/50: $79 monthly, $945 yearly
- 100/300/100 with comprehensive and collision, $500 deductible: $200 monthly, $2,402 yearly
Nevada car insurance requirements
In Nevada, state laws require that you have minimum liability coverage limits of 25/50/20. That means your policy will pay $25,000 for medical costs to those you injure in an accident, up to $50,000 per accident, and $20,000 for damage you cause to other cars and property. Your state minimum liability insurance, outlined below, does not pay for damage to your car.
|Minimum bodily injury liability||$25,000/$50,000|
|Minimum property damage liability||$20,000|
Car Insurance in NV by ZIP Code – Average Rates
Nevada Car Insurance Rates by ZIP Code
CarInsurance.com commissioned Quadrant Information Services to provide a report of average auto insurance rates for a 2017 Honda Accord for nearly every ZIP code in the United States. We calculated rates using data for up to six large carriers. Averages for the default result are based monthly insurance for a male driver, age 30, for state minimum required liability coverage. Averages for customized rates are based on drivers’ ages and gender for the following coverage levels: state minimum liability, liability of 50/100/50 and 100/300/100 with $500 deductible on comprehensive and collision. These hypothetical drivers have clean records and good credit. Average rates are for comparative purposes. Your own rate will depend on your personal factors and vehicle.
Enter a ZIP code in the tool below to see the average premium for the location. You will also see the highest and lowest rates from the six major carriers surveyed. You can get a more customized rate by choosing from among six age groups and three coverage levels. This way you can tell if your quotes are too high and if you should keep shopping for a lower rate.
Las Vegas drivers pay by far the highest state car insurance rates in Nevada, with bills twice as high as they would pay in more remote parts of the state.
You can see how nearly every ZIP in the state compares below. Enter your ZIP code, gender, age and choose from among three coverage levels to see the average car insurance rate for your neighborhood, as well as the highest and lowest rate fielded from up to six major carriers. The difference between the highest and lowest rate is what you can potentially save by comparing car insurance quotes.
Many factors affect how much you pay for car insurance and where you live is chief among them. Insurance companies consider the cost and frequency of claims in your neighborhood when calculating your rate, and then adjust it based on other factors such as your age, your driving record, your credit and the type of car you drive. Each insurer uses its own formula. That’s why the cost for the same policy can vary significantly among insurance companies — and why you should compare rates.
Best car insurance in Nevada
CarInsurance.com’s customer review survey asked policyholders about their company’s claims handling, customer service, price and mobile apps/website usefulness. A weighted score on these metrics was applied to each company to rank major carriers. Ratings are out of five stars.
|1||CSAA Insurance Group||89.13|
|5||Auto Club of Southern California (Auto Club Enterprise Insurance Group)||85.72|
Cheap car insurance quotes in NV
Geico had the cheapest quotes for Nevada drivers, based on CarInsurance.com’s data analysis of up to six major carriers in every ZIP code of the state. State Farm was second for cheap rates, just about $15 more than Geico for state minimum and $50 more for standard liability coverage. State Farm was $284 more for full coverage.
Below you’ll see average annual rates for Nevada, ranked cheapest to most expensive, for three coverage levels:
- State minimum liability requirements
- Liability limits of $50,000 per person/$100,000 per accident and $50,000 property damage
- Liability of $100,000 per person/$300,000 per accident and $100,000 property damage, with comprehensive and collision at $500 deductible
As you can see, rates vary quite a bit, which is why it pays to compare car insurance quotes at least once a year. Based on the rates above, for example, if you bought a Progressive policy for $895 without shopping around, you’d about $330 more than you should for the exact same policy. Note that these are averages — your rate will depend on your own driver profile and how that’s reviewed by your insurer.
Who has the cheapest car insurance in Nevada?
Here are the cheapest car insurance companies for Nevada drivers with the following:
- One property damage claim: Progressive
- Two property damage claims: Geico
- One bodily injure claim: Progressive
- Speeding violation: State Farm
- Adding teen driver: Geico
- Bad credit: Geico
Filing an accident claim, getting a speeding ticket, adding a teen driver to your policy or having bad credit are all scenarios that will likely increase your car insurance rates. However, how much more you pay depends on several factors, and your car insurance company is one of those significant factors. Each company assesses risk differently, so that’s why the increase will vary among insurers. In Nevada, you can save the following amounts, on average, by comparing rates, based on our analysis:
- $1,485 after an accident
- $905 after speeding citation
- $2,865 after adding teen driver
- $3,285 if have bad credit
Cheap car insurance for young drivers and seniors in Nevada
Based on CarInsurance.com’s rate analysis for a full coverage policy, Geico is the cheapest car insurance companies for young drivers. State Farm is the cheapest for elderly drivers. Geico and American family are the cheapest car insurance companies for drivers the following ages:
- Ages 18 to 25: Geico
- Age 65, 75, 85: State Farm
Expert’s Recommendation : Getting Best cheap car insurance in NV (Nevada)
Finding cheap car insurance is relatively straight-forward — you compare quotes for the same amount of coverage and pick the company with the cheapest rates. Finding the best car insurance companies for your particular needs is also fairly simple. You research companies to see how well they match up to what’s most important to you. For instance, those that have excellent customer service, offer the most discounts for your driver profile and that offer services you want, which could include things like roadside assistance, mobile apps or the option of a usage-based policy. Deciding which company has the best cheap car insurance for you just involves mixing these processes together. Here’s how:
- Read customer reviews to see which companies have great customer service
- Check their discount offerings to see how many you qualify for
- Review the types of services they have to be sure what you want is offered, for instance roadside assistance, or rental car reimbursement or mobile apps
- Check to see if they offer the type of coverages you want, for example, vanishing deductibles or accident forgiveness, usage-based car insurance, motorcycle or boat coverage so you can get a bundle discount
- Once you have a list of contenders, you’ll typically see that they vary a bit in regard to what services or discounts they offer, so make a note of that
- Then compare rates for the same amount of coverage and see which one is the most affordable
It may be that even after vetting carriers for what’s important to you, the one with the cheapest rates might not be the best fit if, say, it has lower customer satisfaction ratings than another or has fewer of the services you value most. So, then, you really have to use your judgment on which company has the best-suited service for you for the price.
To help you get started, here is how top carriers in Nevada ranked on customer service:
Best for customer service
- CSAA Insurance Group
- Auto Club of Southern California
- State Farm
- Liberty Mutual
- American Family
- The General
Nevada car insurance laws and resources
Nevada’s liability insurance limits recently went up to reflect the higher cost of injuries and vehicle repairs. The limits are now $25,000 per person ($50,000 per accident) for bodily injury and $20,000 for property damage — written as 25/50/20. This is better protection than the previous limits of 15/30/10, but if you don’t want to have to dig into your personal savings because your basic car insurance didn’t give you enough protection buyer even higher limits is advisable.
We recommend raising those liability levels as you can; most experts consider 100/300/50 appropriate coverage for a family with a home and some savings.
While uninsured/underinsured motorist bodily injury coverage must be offered to you, you can decline it if you believe your health insurance will be sufficient or if you’re trying to save money on your policy.
Hang up: Nevada’s law against handheld cell phone use and texting is among the nation’s most stringent. While the first offense isn’t considered a moving violation and thus doesn’t hit your motor vehicle record or insurance, the second offense carries four points — the same as for a conviction for doing 40 mph over the speed limit.
Usage-based insurance: Nevada allows auto insurance providers to offer usage-based insurance plans (pay as you drive) so that motorists can receive discounts. However, Nevada forbids auto insurers from using GPS technology to track the exact location of the user.
Uninsured motorist penalties for Nevada: Driving without insurance in Nevada, even for a temporary lapse in insurance, carries heavy penalties. You may be fined $600 to $1,000, your license and registration may be suspended, your plates confiscated and your car impounded. You may be required to file an SR-22 form.
Extraordinary life events: State laws permit Nevada car insurance companies to take into consideration your credit for eligibility (underwriting) and rating purposes. However, if you’ve experienced certain extraordinary life events (ELFs), Nevada law has been updated to allow you to request in writing that your credit information not be considered. The following circumstances are considered to be ELFs:
- A catastrophic event, as declared by the state or federal government
- Identity theft
- Military deployment overseas
- A serious illness or injury to you or an immediate family member
- The death of a spouse, child or parent
- Divorce or involuntary interruption of legally owed alimony or support payments
- Temporary loss of employment for a period of three months or more, if it results from an involuntary termination