Before finding the best cheap Nevada auto insurance, it’s important to understand how rates vary between providers and what factors can affect your rate when deciding on the best insurer for you. With over 110,000 miles of desert and as one of the least densely populated states in the country, Nevada is a state made for car and cruising enthusiasts. It’s home to a number of race tracks including the Las Vegas Motor Speedway, the National Automobile Museum in Reno and over 22,000 registered classic cars. Ranked as one of the top 10 states with the best drivers in the country by QuoteWizard, Nevada has a very competitive and healthy car insurance market. Here’s what to look for when shopping for insurers with the best rates:
- Consider local and regional insurers
- Available discounts for clean driving records, students, etc.
- Usage-based vs pay-per-mile car insurance
- Providers with positive claims records
- Customer service ratings
- Providers with diverse services like online chat, roadside assistance, smartphone apps, etc.
Best car insurance companies in Nevada
Here are the best cheap car insurance companies in Nevada according to J.D. Power:
|Provider||JD Power Overall Satisfaction Rating (1-5 scale)||BBB rating||Benefits|
|The Hartford||5||A+||With a multitude of reward programs, discounts and even classic car insurance, The Hartford was ranked as number one on the list. As a Nevada driver, you could be eligible for benefits like new car replacement, accident forgiveness and 24/7 claim service.|
|State Farm||5||A||State Farm has several competitive auto insurance discounts for Nevada residents like the good driving discount, driver training discount, multiple line discount and more.|
|Allstate||3||A+||With tools like Drivewise that help you lower your car insurance costs, Allstate is a great option for drivers looking for cheap but quality car insurance.|
|American Family||3||A+||American Family Insurance not only has competitive car insurance rates, but also puts heavy focus on making themselves accessible through the MyAmFam app, 24/7 claim support and more.|
|Safeco||3||A||Safeco allows customers the ability to build their own auto insurance policy, perfect for customers in search of a personalized and affordable car insurance experience.|
Finding the right cheap car insurance in Nevada for you
Do you fall under one of these categories? If so, there are auto insurance companies that offer special discounts and options depending on your driving habits, credit score, and lifestyle.
Cheapest car insurance for good drivers
If you’re a Nevada resident with safe driving habits, you may be eligible for lower car insurance premiums. These types of customers typically don’t receive tickets or cause accidents. State Farm offers several good driver discounts to Nevada residents including an accident-free discount, good driving discount and the Steer Clear Safe Driver discount.
Cheapest car insurance for students
Students with good grades can save on insurance premiums, but the rules to apply vary among insurers, with some having stricter qualifications than others. The Hartford’s good student discount is available for students ranging from high school to university and simply requires proof of eligibility (like a report card) to show that the student has met the requirements, which are not as strict compared to other insurers.
Cheapest car insurance for people with low credit
Since insurers rely on credit as a rating factor, affordable insurance can be incredibly difficult to find for customers with poor credit. For Nevada residents, American Family offers an average annual rate of $2,386 for customers with bad credit.
Cheapest car insurance for people with accidents
A bad driving record could cause your auto insurance rates to skyrocket. According to The Zebra, car insurance premiums typically increase by 37% after a DUI, 34% after an at-fault accident and 19% after a speeding ticket in Nevada. According to a study by U.S. News, State Farm is one of the best options for Nevada residents with accidents and DUIs on their driving records.
Average cost of car insurance in Nevada
|Driver Type||Average annual cost of car insurance in Nevada|
|Drivers with good credit||$2,108|
|Drivers who are married||$1,422|
|Drivers in their 30s||$1,499|
|Drivers with state minimum-liability only coverage||$722|
|Drivers with speeding ticket(s) (16-20 MPH > limit)||$1,516|
Car insurance discounts in Nevada
There are several ways to save on car insurance by taking advantage of various discounts offered by insurers:
Good driving discounts
You may qualify for a good driving discount if you have a clean driving record. This means that you have no tickets or accidents on your driving record. Some insurers require a yearly record limit to qualify. For example, you may be eligible for a good driving discount with your insurer if you have no record of speeding tickets or accidents in the past five years.
While rates and qualifications vary, most auto insurers offer students with good academic standing a discount, ranging from high-school to college. Some insurers only require proof qualification with a report card, while others require their customers to take a test to be eligible.
If you have more than one car on a policy, you may be eligible for multi-car discounts. This is great for families with children who will require their own car in the future.
If you’re in active duty or retired from the military, you may be eligible for a military discount with most insurers.
Some insurance companies will reward customers who hold multiple policies, like homeowners and auto, with lower premiums. For example, if you have homeowners insurance and you’re in the market for a new auto insurance policy, check with your homeowners insurer to discover what kind of discounts you may be eligible for if you bundle.
Defensive driving discounts
If you have completed a defensive driving course, many insurers offer lower premiums. Companies like Safe2Drive offer Nevada residents convenient online courses that could lower your auto insurance rate.
State minimum insurance requirements in Nevada
Liability coverage pays medical bills, property damage bills and other costs of drivers, passengers and pedestrians who are injured or whose vehicles are damaged in an automobile accident caused by the policyholder. Liability coverage doesn’t cover personal injury or damage done to your own vehicle, so Nevada residents will need to secure collision coverage for that. Here are the minimum liability insurance requirements for the state of Nevada:
- $25,000 for bodily injury or death of one person in any one accident
- $50,000 for bodily injury or death of two or more persons in any one accident
- $20,000 for injury to or destruction of property of others in any one accident
Frequently asked questions
What is the cheapest car insurance in Nevada?
According to The Zebra, the cheapest car insurance in Nevada is currently $921 per year with Travelers Insurance. However, the rates vary widely among insurers depending on your personal needs, driving record, credit score and what discounts you’re eligible for.
What information is needed in order to get car insurance in Nevada?
When purchasing car insurance, you need a driver’s license and vehicle registration to get started. If are moving from another insurance company, you need your existing insurance declaration page as proof of insurance.
What other types of car insurance can I buy?
You can also purchase collision insurance, which covers your medical expenses and damages done to your car resulting from a collision, or comprehensive insurance, which insures you against theft or other damage to your vehicle that is non-collision related.
How much car insurance am I required to have in Nevada?
The minimum liability insurance requirements for Nevada are $25,000 for bodily injury or death of one person in any one accident, $50,000 for bodily injury or death of two or more persons in any one accident, and $20,000 for injury to or destruction of property of others in any one accident.