Cheapest car insurance in Nevada for 2022
With over 2 million licensed drivers and 2.5 million registered vehicles, there is a lot of activity on Nevada’s roads. Protecting your finances with an auto insurance policy is not only a prudent financial move, it is a legal requirement. Nevada drivers pay an average of $860 annually for minimum coverage and $2,245 annually for full coverage, well above the national average.
Because average premiums are higher than the national average, you might be searching for the cheapest car insurance in Nevada. Bankrate’s insurance editorial team has reviewed average premiums from the largest Nevada insurance companies by market share. We analyzed this data, also taking into consideration a company’s coverages, discounts and third-party rankings, to help you find an insurance company that fits your needs.
The cheapest car insurance in Nevada
Finding cheap car insurance in Nevada may take a bit of research, considering that the state’s average premiums are higher than the national average. If you are searching for the cheapest auto insurance in Nevada, you may want to start by getting quotes from the following companies:
|Car insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Geico provides the cheapest average minimum and full coverage car insurance premiums in Nevada. Geico’s wide range of discounts might be responsible for these low average premiums. You might save if you are a federal employee, a member of the military, a safe driver or if your car has certain vehicle safety features.
If you are looking for a company with strong digital tools, Geico might be a good fit. The company’s smartphone app is highly rated on both the App Store and Google Play and offers you the ability to pay bills, file claims, call for roadside assistance, view ID cards and make policy changes. Geico tied for first place in the 2020 J.D. Power U.S. Auto Insurance Study in the Southwest region, indicating that customers are generally satisfied with its customer service.
Learn more: Geico Insurance review
Progressive offers low average rates with plenty of optional coverages that might help you to tailor your policy to your needs. Depending on your needs, you might want to consider adding loan/lease payoff, custom parts and equipment coverage, ridesharing coverage or roadside assistance.
There are also plenty of ways to save on your premium, with discounts for continuous insurance, paid-in-full policies, online policies, good students and homeowners. To save even more money, you may want to take advantage of Progressive’s Snapshot tool, which might reward you with savings based on your driving habits.
Learn more: Progressive Insurance review
State Farm might be a good option if you like working with in-person agents. The company has a network of local agents across Nevada. Because these agents are local, they may be more understanding of the unique car insurance needs of Nevada drivers. The company also received an above-industry-average score in the 2020 J.D. Power U.S. Auto Claims Satisfaction Study. This may indicate that State Farm’s claims service is typically satisfying.
State Farm offers you plenty of optional coverages, like ridesharing coverage, emergency road service and car rental reimbursement. You may also be able to take advantage of several discounts, including multi-policy, multi-car, accident-free, safe driving and vehicle safety discounts. State Farm also has two safe driver programs, Drive Safe & Save for adults and Steer Clear for drivers under 25, which might help you save money and learn safer driving habits.
Learn more: State Farm Insurance review
Long known for excellent customer service, USAA is one of the best providers for military members and veterans. Although its average premiums are not the cheapest on our list, USAA still offers coverage at prices below Nevada’s average. You may also be able to add optional protections like roadside assistance, rental reimbursement and accident forgiveness to your auto policy.
Although USAA is not eligible for official ranking with J.D. Power due to its eligibility restrictions, the company received the highest number of points in the 2020 J.D. Power U.S. Auto Insurance Study in the Southwest region. And on top of its below-average premiums, USAA offers numerous discounts that might help you save, including savings for insuring a new car, storing your vehicle if you are deployed and garaging your vehicle on a military base.
Learn more: USAA Insurance review
AAA may bring to mind roadside assistance, but the company also provides several insurance products, including auto. Although both its minimum and full coverage premiums are higher than Nevada’s average, you may still want to consider a quote. If you are already an AAA member, you may enjoy additional perks, like discounts on car repairs and 24/7 roadside assistance. AAA claims that drivers save an average of $376 when they switch their coverage.
With AAA, you may be able to add additional coverages, like gap insurance, new car protection, rental reimbursement and accidental death benefits. However, the CSAA Insurance Group did earn a below-industry-average customer service ranking from J.D. Power in the Southwest region.
Learn more: AAA Insurance review
Affordable coverage for Nevada drivers
- $25,000 bodily injury per person
- $50,000 bodily injury per accident
- $20,000 property damage
Often, choosing minimum coverage means paying some of the lowest rates. While some car insurance is always better than going uninsured, most insurance professionals recommend that you purchase higher liability limits for added protection. If you cause an accident, you are responsible for paying for the injuries and damages that you cause. If your insurance limits are insufficient, you may be left paying those bills out of pocket.
Additionally, minimum coverage does not include comprehensive or collision coverages, which provide coverage for damage to your own vehicle. Adding these options means you are purchasing full coverage. If you have a loan or lease, your lender will likely require you to carry full coverage. Your lender may also have requirements for the limits of liability or deductible levels you can choose.
How to get cheap car insurance in Nevada
Although car insurance is more expensive in Nevada than it is in the country as a whole, there are steps you can take to make sure you are paying a reasonable price. If you are searching for cheap car insurance in Nevada, you might want to:
- Shop around: Every company rates its policies differently, meaning the cheapest company for one person may not be the cheapest for you. Getting quotes from several companies for the same coverage might help you find a lower premium.
- Work on your credit score: Your credit score can impact your car insurance premium. Drivers with low credit tend to file more claims than driver with higher scores. To make up for this risk, insurance companies charge them higher premiums. Improving your credit score may help you to lower your car insurance premium.
- Increase your deductible: If you have full coverage, your policy has two deductibles: one for collision and one for comprehensive. Your deductible is the amount of money you will pay out of pocket if you file a claim for damage to your vehicle. Increasing one or both of your deductibles could decrease your premium. Just make sure you choose an amount that you can reasonably pay if you do file a claim.
In addition to these tips, one of the best ways to save money on car insurance is to take advantage of discounts. You can often review a company’s discounts online, or you can talk to an agent or representative to help you identify savings opportunities.
Frequently asked questions
What is the best car insurance in Nevada?
The best car insurance in Nevada will depend on your individual rating factors and what features you are looking for in a company. If you are shopping for car insurance, your first step might be to make a list of what you want from a company. Then you can request quotes from several companies who might fit your needs, to see who can offer the lowest price.
What is the average cost of car insurance in the U.S.?
The average cost of car insurance in the U.S. is $565 per year for minimum coverage, while a full coverage policy averages $1,674 per year. Nevada is more expensive than the national average, with an average cost of $860 annually for minimum coverage and $2,245 for a full coverage policy.
How do I get car insurance in Nevada?
Buying car insurance is a relatively easy process. Many companies offer quotes online, or you could call a company or visit a local agency to request a quote. You will need some basic information, like your address and an idea of the coverage you would like to purchase — although you can work with an agent to determine the proper level of coverage for you. You will also need the name, date of birth and driver’s license number for all the drivers who need to be rated, as well as the vehicle identification number (VIN) for each of the vehicles you need to insure.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our base profile drivers own a 2019 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.