Best cheap car insurance in Henderson for 2022
Car insurance in Henderson, Nevada has average costs that fall in line with the state’s average of $2,245. The average cost of car insurance in Henderson is $1,056 for minimum insurance and $2,571 for full coverage, according to Bankrate’s 2021 study of quoted premiums. Despite the high cost, Nevada drivers are considered to be among the safest in the country. However, insurance companies may charge state drivers more partly due to the party-going nature of visitors, which can cost car insurance companies more in car crash settlements.
To help drivers find the best cheap options available to them, Bankrate partnered with Quadrant Information Services to assess rates from the most popular providers in the state by market share. Fortunately, you can achieve cheap car insurance rates that are lower than the state- and city-wide average if you know what factors to look for.
Best car insurance companies in Henderson
To bring you the best car insurance in Henderson, we looked at the carriers operating in the state and compared criteria such as rates, policy options and customer reviews. We narrowed them down to five companies delivering the best combination of all our criteria.
|Insurance company||J.D. Power score||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Geico||871 / 1.000||$459||$1,181|
|Nationwide||876 / 1.000||$593||$1,653|
|Progressive||856 / 1.000||$664||$1,818|
|State Farm||881 / 1.000||$744||$1,972|
|USAA||*890 / 1.000||$758||$1,713|
*Due to membership eligibility restrictions, USAA is considered rank-ineligible by J.D. Power.
Geico’s average rates for minimum and full car insurance are considerably lower than all the other car insurance companies in Henderson. Part of the reason may be the 16 discounts available, which is far more than the number of discounts most insurance companies offer. However, going with the cheapest car insurance company in Henderson does not mean you have to sacrifice service. Current policyholders are generally pleased with the level of customer service they receive, as well as with the claims process, earning the company a score just one point under the industry average out of all ranked providers.
Learn more: Geico Insurance review
Nationwide offers the next cheapest car insurance in Henderson and has competitive customer satisfaction rankings. Some of Nationwide’s biggest discounts are geared towards safer driving, such as enrolling in the Smart Ride program that tracks your driving. The sign-up bonus is 10% off your premiums and up to another 40% off based on safe driving habits. There is also a usage-based savings option called Smart Miles.
Learn more: Nationwide Insurance review
Progressive falls in the middle with rates of $664 and $1,818 annually for minimum and full coverage, respectively. That is still well below the average cost of car insurance in Henderson, saving you around $500 on your full or basic coverage each year. Progressive customers can opt for gap insurance, rideshare coverage, custom parts reimbursement and classic vehicle insurance. The optional coverages may raise your insurance premiums somewhat, but the small increase could be worth it, especially in case of a crash.
Learn more: Progressive Insurance review
State Farm is the country’s largest car insurance provider and has a good representation of agents and offices in Henderson. There are 21 State Farm agents in Henderson, available to help you with quotes, questions or filing a claim. Although State Farm has plenty of local agents, it is also a great choice if you would prefer to handle your insurance needs online or through the mobile app. State Farm has two additional apps that could save you money on your premiums. The Drive Safe & Save app tracks your driving and lowers your rates based on your habits. The Steer Clear app is similar, but is designed for teen and younger drivers and includes driving safety tips.
Learn more: State Farm Insurance review
USAA is often the top-scoring auto insurance company in J.D. Power annual studies, though its membership requirements make it rank-ineligible. Car insurance rates are low and there are a few benefits for military members worth noting, such as international car insurance coverage included for members deployed overseas who take their vehicles with them. USAA is not available to all Henderson residents, but may be a great option for veterans, active/retired personnel and related family members in the city.
Learn more: USAA Insurance review
Cheapest car insurance in Henderson
The cheapest car insurance companies are not always the best ones, but fortunately Henderson has a range of the cheapest carriers that also happen to provide quality coverage and have good customer ratings.
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Still, it is generally worthwhile to get several car insurance quotes. Car insurance rates can vary based on many factors, including your driving history, age, vehicle, neighborhood and credit score. You may find a carrier that offers a lower rate than the Geico, based on your driver profile.
As far as savings go, USAA could be the best car insurance company for military personnel, but Geico also offers a military discount. Progressive, Nationwide and State Farm’s driver tracking apps could save you money on your car insurance. Nationwide offers a free On Your Side review of your insurance to help you find ways to lower your costs.
Henderson insurance requirements
No matter where you live in the U.S., having car insurance is a sensible choice. Most states require you to carry coverage. The minimum amount of liability insurance you will need in Henderson is determined per Nevada’s minimum coverage requirements, which include:
- $25,000 per person for bodily injury liability
- $50,000 per accident for bodily injury liability
- $20,000 for property damage liability
Getting caught without car insurance could potentially cost you hundreds in fines. You may also have your driver’s license suspended. Depending on whether you financed your car, you may need more coverage. Most lenders will ask you to have full car insurance, which adds comprehensive and collision coverage to pay for vehicle damages or replacement.
Car insurance discounts in Henderson
Regardless of the carrier you decide to choose, you may be able to get additional reductions in your premiums by taking advantage of industry-wide discounts such as:
- Good driver
- Good student
- Anti-theft system
- Vehicle safety equipment (airbags, anti-lock brakes)
The largest savings in car insurance could come from enrolling in drive-tracking programs. Downloading the app or installing the telematics device to track your safe driving could reduce your premiums considerably. You may also want to look into bundling your other vehicles or home/renters insurance with the same carrier to lower your rates.
Frequently asked questions
What is the best car insurance company?
The best car insurance companies in Henderson based on rates, coverage options and customer reviews may look different for each driver depending on their exact ZIP code. Before deciding on one, consider conducting additional research on how each provider stacks up according to your insurance needs.
How much does car insurance in Henderson cost?
The average cost of car insurance in Henderson is $1,056 per year for minimum insurance and $2,571 for full coverage. However, Bankrate found five carriers that offer significantly lower rates on average. Keep in mind that averages are only a starting point and that your final rate will depend on personal factors like your age, driving record and insurance history.
How much car insurance do I need in Henderson?
You will at least need liability insurance with a minimum of $25,000 in bodily injury per person and $50,000 per accident, as well as $20,000 in property damage per accident. Insurance experts recommend purchasing full coverage to better cover the expenses of an accident, including your vehicle.
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 sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.