Average cost of car insurance in Nevada for 2023

How much is car insurance in Nevada? 

To find the average cost of car insurance in Nevada, Bankrate’s team of insurance experts reviewed the most up-to-date rate data available from Quadrant Information Services. Based on our findings, Nevada drivers pay an average of $973 per year for minimum coverage car insurance and $2,779 for a full coverage policy. This is quite a bit more than the national average cost of car insurance, which is $2,014 per year for full coverage and $622 for minimum.

That said, your Nevada car insurance costs will likely vary from these average amounts based on rating factors like your ZIP code, age, gender, driving record, credit score, vehicle type and more. Bankrate knows that estimating your car insurance premium can feel like a guessing game, so our insurance editorial team compiled average rates for a variety of driver profiles to give you better insight into how your insurance costs are calculated.

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Nevada car insurance rates by city

Rates tend to vary based on your city. Larger metropolitan areas typically see higher rates than smaller metros. High population density typically leads to heavy traffic, which could lead to more claims. Congested cities also tend to have higher rates of vehicle theft, which in turn creates higher premiums.I Bankrate's findings show Nellis AFB as the location with the highest insurance rates in the state. However, your premiums will likely vary from the averages presented below.

Average car insurance costs by age and gender in Nevada

Besides location and carrier, age and gender can also significantly affect your premiums. Younger drivers typically pay more for coverage than older, more experienced drivers, based on perceived risk. For both male and female drivers, rates tend to level out around 25 and continue to decline until about age 60. The tables below that show rates by gender are based on drivers who are on their own policies and not on their parent’s, with the exception of 16-year-olds who must be on their parent's policy.

Cost considerations for young drivers in Nevada

If you’re a younger driver, you might want to stay on your parents’ policy. Young drivers on their parents’ car insurance can save between 30 and 61 percent on their premiums compared to purchasing their own policy. Be mindful that some insurers have stipulations and may require a young driver to live at home in order to be added.

How does driving record impact the cost of car insurance in Nevada?

Car insurance rates in Nevada by credit score

Nevada car insurance rates by vehicle type

Estimate your car insurance cost in Nevada

The rates and driving profiles listed above can give you a general idea of how much car insurance in Nevada is on average — but what about your driving profile? If you’re a young female Toyota Corolla driver with a speeding ticket conviction, how much would you pay then? Or if you’re a 70-year-old male with a spotless record and a BMW? That’s why Bankrate created the calculator below: after you enter a couple of basic pieces of information, you’ll be presented with a rough estimate of your car insurance costs.

How to save on car insurance in Nevada

Several variables go into determining rates that drivers have little control over, but there are often ways to save on premiums that go beyond age and location. Below are some of the strategies drivers in Nevada can use to try to lower their rates:

• Bundle home or renters insurance with vehicle coverage: Buying your insurance policies with the same insurance company can commonly save you on both policies.
• Focus on a clean driving record: Nevada allows you to complete traffic school to remove a moving violation once per year. Taking advantage could help keep your record clean and potentially save you from higher premiums.
• Take a taxi: If you plan on a night out on the Las Vegas Strip, the cost of a taxi is far cheaper than a DUI, particularly when it comes to your insurance rates. Opting for a taxi or Uber instead of driving is an effective way to prevent a costly DUI from impacting your car insurance premium.
• Shop around: To find the lowest Nevada auto insurance rates, get quotes from at least three or four companies to find the cheapest carrier. Comparing providers regularly can help too — you may find it worth switching carriers for cheaper car insurance as your circumstances change over time.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Credit-based insurance scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.

Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: BMW 330i, Ford F-150, Honda Odyssey, Toyota Prius and Toyota Camry (base).

Age: Rates were calculated by evaluating our base profile with the ages 16-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

Teens: Rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy unless otherwise noted.