Best cheap home insurance in Las Vegas in 2025
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The best home insurance companies in Las Vegas
To simplify the process of shopping for insurance, Bankrate’s insurance editorial team analyzed the top homeowners insurance providers in Nevada. Our research suggests that USAA, American Family and State Farm are some of the best home insurance companies in Las Vegas. These companies not only offer competitive average rates, but they all have Bankrate Scores of 4.0 or better, indicating satisfactory assessments per J.D. Power, AM Best and more.
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Why USAA made our list: USAA is only available to the military community and their qualifying family members, which means it won’t be an option for everyone. However, its competitive rates and robust policies made it worth including. USAA’s average home insurance rates are 10 percent less than the citywide average, and its policies come with replacement cost coverage automatically included. Plus, homes in Nevada are already included in USAA’s Wildfire Response Program, which partners with Capstone Fire and Safety Management and Chloeta to help homeowners guard their homes in the event of a wildfire. For example, Capstone and Chloeta firefighters may visit the home to clear gutters, seal attic vents, set up sprinkler systems, etc.
Why USAA may be the best overall: USAA tied in the 2024 Bankrate Awards for Best Home Insurance Company Overall for the third year running. USAA’s strict eligibility requirements preclude it from official J.D. Power rankings, but it is a consistent high-scorer in the U.S. Home Insurance Study and Property Claims Satisfaction Study. Coupled with its A++ (Superior) financial strength rating from AM Best, USAA could be one of the best home insurance companies in Las Vegas for those who qualify for a policy.
| Bankrate Score | 4.8 |
| J.D. Power | 737/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Why State Farm made our list: State Farm is the largest home insurance company in Nevada, with over 9 percent of the market share. It is worth mentioning that, in March 2024, the AM Best rating for State Farm General Insurance Company was downgraded from an A (Excellent) to a B (Fair). However, State Farm General Insurance Company is just one of the underwriting companies in State Farm’s portfolio, and this rating does not reflect the entire State Farm company. State Farm scored above average in the J.D. Power U.S. Home Insurance Study and Property Claims Satisfaction Study (one of only a handful of companies to perform well in both). Plus, State Farm writes many other insurance lines like auto, life, business and umbrella and offers banking products through a partnership with U.S. Bank.
Why State Farm may be the best for policy management options: As the largest insurance company not only in Nevada, but in the country, State Farm’s agent footprint is vast. It boasts a nationwide network of over 19,000 agents, many of whom have offices in Las Vegas. Or, for homeowners who prefer online policy management, State Farm also offers a suite of digital tools that scored above average in the service category of the J.D. Power 2024 U.S. Insurance Digital Experience Study.
| Bankrate Score | 4.1 |
| J.D. Power | 643/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Why American Family made our list: American Family (or AmFam for short) is a Wisconsin-based home insurer that writes policies in 19 states. It is rated A (Excellent) by AM Best, which suggests that the company is financially stable enough to make good on home insurance claims. Although it scored two points below average in the J.D. Power 2024 U.S. Home Insurance Study, American Family ranked above average in the Property Claims Satisfaction Study and has a below-average NAIC Complaint Index for its home insurance product. The latter two are green flags in terms of AmFam’s customer service.
Why American Family may be the best for custom policies: AmFam advertises multiple policy endorsements on its website, which could be a good fit for a Las Vegas homeowner looking to build a more customized insurance policy. Some of the more standard endorsements are available, like equipment breakdown, service line coverage, water backup and scheduled personal property. But, AmFam also offers some more uncommon choices like flash flood protection, senior living protection, matching siding coverage and short-term rental insurance.
| Bankrate Score | 4 |
| J.D. Power | 638/1,000 |
| AM Best Rating | A |
Bankrate's trusted insurance industry expertise
Read our full methodologyThe insurance market can be complicated, but Bankrate's insurance editorial team used our unique perspective to bring readers the information they need to make educated decisions when shopping for a policy.
78
years of industry experience
9
licensed staff
34.5K
ZIP codes examined
120
carriers reviewed
The cheapest home insurance companies in Las Vegas
Based on our research, USAA, State Farm and American Family have the cheapest home insurance in Las Vegas on average for a policy with a $300K dwelling limit. However, the cheapest company for you could change depending on the dwelling coverage limit you need. The tables below list the cheapest homeowners insurance in Las Vegas for a variety of dwelling coverage limits.
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|
|
|
|---|---|---|
|
$84
|
$1,003
|
|
|
$101
|
$1,215
|
|
|
$109
|
$1,312
|
|
|
$142
|
$1,703
|
|
|
|
|
|---|---|---|
|
$91
|
$1,089
|
|
|
$112
|
$1,347
|
|
|
$120
|
$1,439
|
|
|
$159
|
$1,912
|
|
|
|
|
|---|---|---|
|
$105
|
$1,257
|
|
|
$139
|
$1,664
|
|
|
$140
|
$1,677
|
|
|
$203
|
$2,439
|
|
|
|
|
|---|---|---|
|
$142
|
$1,705
|
|
|
$191
|
$2,290
|
|
|
$216
|
$2,587
|
|
|
$325
|
$3,900
|
Compare home insurance rates
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Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
How much is home insurance in Las Vegas, Nevada?
The average cost of home insurance in Las Vegas, NV is $1,109 per year for a policy with a $300K dwelling limit. Compared with the state average, home insurance costs in Las Vegas are 3 percent more. However, these are just average figures. Your exact home insurance rate will depend on several different rating factors like your credit-based insurance score, the age of your home and your policy’s deductible.
Las Vegas rates by credit tier
In Nevada, your credit affects your home insurance. In most cases, homeowners with good or excellent credit are given the cheapest rates, while those in the average or poor credit tiers pay more. This is because homeowners with bad credit are statistically more likely to file claims and therefore riskier to insure. The table below illustrates how home insurance rates from the top five cheap home insurance companies in Las Vegas change depending on credit.
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|---|---|---|---|---|
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$2,695
|
$1,156
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$1,003
|
$748
|
|
|
$2,717
|
$1,388
|
$1,215
|
$931
|
|
|
$2,473
|
$1,470
|
$1,312
|
$945
|
|
|
$3,108
|
$1,897
|
$1,703
|
$1,305
|
Las Vegas rates by home age
The year your home was built can also affect your home insurance premium. In most cases, older homes are more expensive to insure. Think about it this way: if an older home is destroyed in a covered claim, it could cost the insurance company more money to rebuild it up to local building codes. Plus, older homes run the chance of being built with harder-to-source materials, which could also be pricier if the home needs a rebuild or just some repairs. Below, we’ve compared average rates by home age for the cheapest home insurance companies in Las Vegas.
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|
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|---|---|---|---|---|---|
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$1,125
|
$1,222
|
$1,258
|
$1,220
|
$853
|
|
|
$1,444
|
$1,444
|
$1,444
|
$1,415
|
$1,086
|
|
|
$1,587
|
$1,613
|
$1,586
|
$1,478
|
$1,140
|
|
|
$1,834
|
$1,980
|
$2,002
|
$1,970
|
$1,553
|
Las Vegas rates by deductible amount
If you’ve scoured your insurer’s list of discounts and can’t find any new ones to apply to your policy, consider raising your home insurance deductible for a cheaper rate. Your home insurance deductible is the amount of money you are financially responsible for if you file a claim. By taking on a larger part of the financial responsibility, you may be rewarded with a more affordable rate from your insurer. But, just be sure that you can comfortably afford to pay your deductible at a moment’s notice.
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|---|---|---|---|
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$846
|
$846
|
$630
|
|
|
$1,131
|
$1,088
|
$979
|
|
|
$1,286
|
$1,260
|
$1,133
|
|
|
$1,634
|
$1,523
|
$1,319
|
Frequently asked questions
Methodology
Bankrate utilizes Quadrant Information Services to analyze April 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on married male and female homeowners with a clean claim history, good credit and the following coverage limits:
- Coverage A, Dwelling: $300,000, $350,000, $450,000, $750,000
- Coverage B, Other Structures: $30,000, $35,000, $45,000, $75,000
- Coverage C, Personal Property: $150,000, $175,000, $225,000, $375,000
- Coverage D, Loss of Use: $60,000, $70,000, $90,000, $150,000
- Coverage E, Liability: $500,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000, $1,500, $2,000 or $5,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply.
These are sample rates and should be used for comparative purposes only. Your quotes will differ.
Credit: Rates were calculated based on the following insurance credit tiers assigned to our homeowners: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. The following states do not allow credit to be a factor in determining home insurance rates: California, Maryland, Massachusetts.
Year built: Rates were calculated based on the following years built for homes and assigned to our homeowners: 1959, 1982, 1992, 2010, 2016 (base) and 2020.
Bankrate Score
Our Bankrate Score considers variables our insurance editorial team determined impact policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.
Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.
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Cost & ratings 50%
-
Coverage & savings 30%
-
Support 20%
- Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the NAIC, were analyzed.
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
- Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.
