How a speeding ticket impacts your insurance in Nevada

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Of the 13,000 vehicle crash fatalities in 2017 in Nevada, 116 were directly linked to speeding. Speeding can not only result in crashes, injuries and possible death, but can also result in tickets, fines and penalties. A speeding ticket in Nevada will also cause auto insurance premiums to increase, making the financial consequences more serious. A speeding ticket increased the average cost of car insurance in Nevada by 20%, according to Bankrate’s 2021 study of quoted annual premiums.

How much is a speeding ticket in Nevada?

A speeding ticket in Nevada results in a fine of $20 for each mile above the posted speed limit. If you are caught driving 11 miles over the speed limit for example, then expect to pay at least a $220 fine. There are additional administrative and court fees as well.

How much does a speeding ticket increase your car insurance in Nevada?

If you receive a ticket, you are probably curious how much your insurance will increase with a speeding ticket in Nevada. It depends on many factors, but females see a much lesser increase in annual premiums than males do.

Age Average annual full coverage premium before speeding ticket Average annual full coverage premium after speeding ticket % increase
40-year-old male $2,164 $2,564 18%
40-year-old female $2,325 $2,544 9%

How to lower your car insurance after a speeding ticket in Nevada

Car insurance premiums usually increase once a moving violation, such as a speeding ticket, is added to your record. This doesn’t mean lower rates are out of reach, however. It simply means you have to use various tactics to find lower premiums.

Get quotes from other car insurance companies

Some insurance carriers penalize speeding tickets more than others. This is one reason why it is beneficial to shop around and compare several companies. The chart below shows how vast the differences in premiums may be from one carrier to another.

Car insurance company Average annual full coverage premium before speeding ticket Average annual full coverage premium after speeding ticket % increase
AAA $3,426 $4,293 25%
Allstate $2,457 $3,164 29%
American Family $2,146 $2,248 5%
Farmers $3,369 $4,239 26%
Geico $1,116 $1,383 24%
Hallmark Financial $2,053 $2,106 3%
Kemper $2,844 $3,157 11%
Kingsway $3,069 $3,658 19%
Mutual of Enumclaw $2,800 $3,151 13%
Nationwide $1,582 $1,730 9%
Progressive $1,447 $1,937 34%
Sentry $4,632 $4,949 7%
State Farm $1,668 $1,893 13%
USAA $1,549 $1,692 9%

*Premiums are average annual full coverage premiums for 40-year-olds

Comparing companies not only gives you a snapshot of who has the best rates, but it gives you insight into the coverage options and discounts available to policyholders. Plus, if you research a company’s J.D. Power customer satisfaction ratings and reviews, you will find out how companies rank for customer satisfaction and claims handling.

Modify existing coverage

To save money, take a look at your current policy and review what options can be modified. For instance, if you have purchased collision and comprehensive coverage and have a zero or low-deductible, by increasing the amount of your deductible you may be able to lower your premiums. The more out of pocket costs you are willing to cover, the bigger impact it will have on your premiums.

Enroll in a defensive driving course

Taking a defensive driving course is another method for saving on premiums. These courses teach valuable driving safety skills, and can save you money. Although there may be a cost up front, the savings may offset it. Be sure to confirm it is an approved course from the insurance company to maximize the savings potential.

Other speeding ticket considerations

Nevada is a state that uses a demerit point system for tracking violations. A speeding ticket will add between one to five points per violation. If you have 11 or more points in a 12-month period, your license is automatically suspended for six months. You could also have three points removed by taking part in a DMV-approved defensive driving course.

Frequently asked questions

What is the best car insurance company for drivers with speeding tickets?

If you have a speeding ticket on your record, you could still find the best insurance company for your driving needs. Comparing multiple providers is a smart way to find the best rates, plus the coverage options you need. You can also explore the discounts and customer service reviews for more in-depth information.

What is the average cost of car insurance in Nevada?

The average cost of car insurance in the U.S. is $1,674 annually for a full coverage policy. In Nevada, the average is $2,246 annually for the same type of policy, making it one of the most expensive states for insurance. Keep in mind premium rates are customized and based on your personal information, so you may pay more or less than the averages.

What is the best car insurance in Nevada?

There are numerous car insurance companies in Nevada worth consideration. Bankrate has reviewed several national carriers, including rates, customer service information and financial strength ratings. Allstate, American Family, Farmers, Geico and State Farm were all found to be worth considering.

Methodology

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 40-year-old male and female drivers 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

Incident: Rates were calculated by evaluating our base profile with a single speeding ticket applied.

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

Written by
Sara Coleman
Insurance Contributor
Sara Coleman has three years of experience in writing for insurance domains such as Bankrate, The Simple Dollar, Reviews.com, Coverage.com and numerous other personal finance sites. She writes about insurance products such as auto, homeowners, renters and disability.
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Insurance Editor