Skip to Main Content
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.

Best homeowners insurance in Nevada for 2024

You can find the best homeowners insurance in Nevada with USAA, Country Financial, State Farm, American Family and Farmers
Updated Feb 21, 2024
DISCOVER YOUR PERFECT PROVIDER
We’ll just need your ZIP code to show you offers from home insurance carriers in your area.
Location-Icon
Lock Secure Your information is secure
Explore offers from trusted carriers
+ MORE
User
Find providers near you
We’ll just need your location to provide you with home insurance options available in your area.
Insurance Home
Explore your coverage options
Choose from multiple providers near you. The more quotes you compare, the more you can save!
Congrats
Pick your best policy
Once you’ve found your favorite quote, finish up the process online with the provider of your choice. And that’s it!

Compare the best homeowners insurance companies in Nevada

As you research Nevada homeowners insurance companies, there are several factors that you may want to take into consideration. Understanding what you are looking for in a company — the lowest price, certain coverage options or specific policy features — may help you best understand what company is right for you.

We used multiple factors, from average rate data provided by Quadrant Information Services to customer satisfaction rankings with J.D. Power, to determine that the best Nevada homeowners insurance policies are written by five companies: USAA, Country Financial, State Farm, American Family and Farmers. Keep in mind that USAA is only available to active-duty military, veterans and qualifying family members.

Insurance company
Bankrate Score
Info
Average monthly premium Average annual premium
4.7
Rating: 4.7 stars out of 5
N/A
N/A
Get a quote
3.9
Rating: 3.9 stars out of 5
$156
$1,877
Get a quote
4.2
Rating: 4.2 stars out of 5
$85
$1,018
Read review
3.1
Rating: 3.1 stars out of 5
$79
$946
Get a quote
2.9
Rating: 2.9 stars out of 5
$148
$1,782
Get a quote
*Premiums are for $250K in dwelling coverage **USAA not officially ranked by J.D. Power due to eligibility restrictions
Powered by Coverage.com (NPN: 19966249)
Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

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.

Bankrate logo

Bankrate's trusted insurance industry expertise

Read our full methodology

The home insurance market can be complicated, but Bankrate's insurance editorial team used our unique perspective to bring readers information they need to make educated decisions when shopping for home insurance.

46

years of industry expertise

122

carriers reviewed

20.7K

ZIP codes examined

1.2M

quotes analyzed

Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.
Mortgage

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers.
Location-Icon
Your information is kept secure
Caret DownCaret Up
Caret DownCaret Up
Field is required
Powered by Coverage.com (NPN: 19966249)
Insurance Disclosure

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.

Quick Facts
Moneybag
$382/year
average savings through Bankrate
Two Thirds
2 out of 3 homes
are underinsured
Insurance Home
1 out of every 20
insured homes makes a claim each year
Circle Check
100% of homes
need insurance before getting a mortgage
Mortgage

Leaving so soon? Your custom quotes are just minutes away.

The top 5 home insurance companies in Nevada

Best for military-focused coverage

4.7

Rating: 4.7 stars out of 5

Avg. premium for $250K dwelling

Not available

Avg. premium for $250K dwelling

Not available

Customer satisfaction

881/1,000

Best for customer service

3.9

Rating: 3.9 stars out of 5

Avg. premium for $250K dwelling

$156/mo

Avg. premium for $250K dwelling

$1,877/yr

Customer satisfaction

819/1,000

Best for exclusive local agents

4.2

Rating: 4.2 stars out of 5

Avg. premium for $250K dwelling

$85/mo

Avg. premium for $250K dwelling

$1,018/yr

Customer satisfaction

829/1,000

Best for low average rates

3.1

Rating: 3.1 stars out of 5

Avg. premium for $250K dwelling

$79/mo

Avg. premium for $250K dwelling

$946/yr

Customer satisfaction

813/1,000

Best for customizing your policy

2.9

Rating: 2.9 stars out of 5

Avg. premium for $250K dwelling

$148/mo

Avg. premium for $250K dwelling

$1,782/yr

Customer satisfaction

800/1,000

Additional Nevada home insurance companies to consider

Allstate

Allstate

Who this may be best for

Homeowners looking for multiple policy management options

Allstate employs many live agents to meet with customers who prefer face-to-face interactions. Allstate tied with USAA in 2024 for the Bankrate award for Best Home Insurance Company Overall. The company offers robust endorsements on top of standard policy options, enabling extensive policy customizations for interested homeowners. It even provides a home-sharing endorsement called Allstate HostAdvantage, for those sharing their dwelling space. Allstate scored in the middle on the J.D. Power 2023 Home Insurance Study but is still below the industry average for the year.

Travelers

Travelers

Who this may be best for

Homeowners looking for ultra-cheap policies

Travelers offers standard home coverage options with several endorsements for added coverage and customization. The company also has several discounts available for eligible homeowners, including new homebuyer, protective devices, loss-free and green home discounts. While the company may be a good fit for policy customization and discounts, it did score near the bottom on the 2023 J.D. Power Home Insurance Study.

How Bankrate chose the best home insurance companies in Nevada

To determine the best Nevada home insurance companies, Bankrate's insurance editorial team, which includes licensed agents, analyzed data sourced from Quadrant Information Services to determine average annual rates for each company. We then looked at third-party ratings for customer satisfaction from J.D. Power and financial strength ratings from AM Best along with digital accessibility and the breadth of coverage options and discounts. With all this data factored in, we determined a Bankrate Score, from 0.0 to 5.0 for each company (with 5.0 being the highest), to help homeowners easily compare companies and make the best determination for their needs.

House Icon

Finding cheap home insurance in Nevada

Just because Nevada’s home insurance costs are below the national average doesn’t mean that every policy will be cheap. In order to find an affordable policy, collect insurance quotes from a handful of providers. You’ll get better insight into what it actually costs to insure your property and make a more informed decision about your policy. Back to top Caret Up

Cheapest home insurance companies in Nevada

Bankrate knows that, for many homeowners, price is front-of-mind when shopping for a home insurance policy. To help homeowners looking to spend less on their home insurance, we put together a list of some of the best cheap home insurance companies in Nevada. Most of the providers listed below have rates below the average home insurance cost in Nevada, with the exception of State Farm:

Carrier Monthly premium for $250k coverage Annual premium for $250k coverage Savings vs state avg. for $250k coverage
$51
$606
- $559
$79
$946
- $219
$82
$985
- $180
$85
$1,018
- $147
$148
$1,782
+ $617
*based on $250K dwelling coverage

How to get cheap Nevada home insurance

Of course, no matter where you live, you want to purchase home insurance that covers your finances adequately at the lowest price possible. Here are a few strategies that might help you save money when you shop around for Nevada homeowners insurance.

  1. Take advantage of bundling: Almost all insurers offer significant savings if you purchase more than one policy from them. Most commonly, this will mean you have your home and car insurance with the same company.
  2. Take care of your roof: An older roof can cause costly insurance claims, so insurers want to know how old your roof is when you ask for a quote. A newer roof will typically earn you a better price on home insurance, and if it's made with storm-resistant materials, you may even earn a discount.
  3. Watch your credit score: Statistically, people with lower credit scores (which factor into your credit-based insurance score) file more claims, so having poor credit can affect your home insurance rates in most states. Try to keep an eye on your credit score, or consider working with a financial planner to keep your credit score as high as possible to get lower rates.
  4. Increase your deductible: A higher deductible means you pay more out of pocket before your insurance kicks in after an approved claim, and it's likely to earn you a lower premium. Just make sure that whatever deductible you select is an amount you feel comfortable paying on short notice.

Best home insurance discounts in Nevada

In addition to the strategies we've listed above, you might be able to save money on your Nevada home insurance by utilizing available discounts. A knowledgeable insurance agent can help you determine which home insurance discounts offered by your preferred company you qualify for, or you may be able to find a listing of them on your company's website. Here are a few that are common in Nevada:

If there are no smokers residing in your home, you may earn a discount from some insurers. This discount is offered due to the increased risk of structure fire when there are smokers in residence.
Anything that makes your home safer might earn you a discount, from smoke detectors and sprinkler systems to security devices and systems.
Paying on time and paying in full at the beginning of your policy's term could earn you some savings from your insurer.
If you go a certain amount of time — often three to five years — without filing a claim against your policy, you can often earn a small discount.
If you bought your home within the last year, there may be a discount available for you. You may also earn one if your home is a new build.
If you buy your policy online rather than through an agent, some insurers will give you a small discount.
A few insurers offer discounts to people over the age of 55 who are retired.

How to save on home insurance policy renewals in Nevada

Most home insurance policies renew every year, and with that renewal date typically comes a new premium. Here’s what you can do to help shave some money off your premium:

  • Upgrade your home’s security: If you take steps to fortify your home against break-ins, your insurer may reward you with a lower premium. This can be as elaborate as a whole-home security system or something as simple as just a doorbell camera.
  • Ask about discounts: A lot can change between home insurance policy renewal dates. You could have started a job in a different industry, installed protective devices in your home, turned 65 or gotten some work done on your roof. Speaking with a licensed insurance agent could help you spot discounts you may have missed out on the first time around.
  • Try to limit claims: Statistically, homeowners who have filed a claim are more likely to file another one in the future. Claims cost insurers money, which means they might charge you a higher rate to help recoup. As a rule of thumb, many experts recommend only filing a claim if the repairs are significantly higher than your deductible.
  • Improve your credit score: In Nevada, insurers are permitted to use your credit score when calculating your rate. A better credit score won’t happen overnight, but taking steps to boost your credit score between policy renewal dates could help you earn a more favorable rate.
House Icon

Understanding home insurance costs in Nevada

Home insurance costs in Nevada may be low compared to the national average, but costs till vary across the state. See how the cost of home insurance in Nevada compares to its neighboring states, and how costs change across ZIP codes. Back to top Caret Up

How much is home insurance in Nevada?

The average cost of homeowners insurance in Nevada is $1,165 per year for a policy with $250,000 in dwelling coverage. For comparison, the average cost of home insurance in the United States is $1,759 per year. Nevada homeowners pay about 34 percent less than the average American for their home insurance coverage.

Home insurance in Nevada is cheaper on average than in many bordering states. In California, the average annual home insurance premium is $1,266 and in Arizona, homeowners pay an average of $1,778 per year. A number of factors go into determining home insurance premiums. Nevada is less prone to severe weather and wildfire impacts compared to neighboring states, leading to lower property claim frequency and severity.

Insurance company $150K $250K $350K $450K $750K
N/A
N/A
N/A
N/A
N/A
$1,320
$1,877
$2,346
$2,876
$4,589
$722
$1,018
$1,241
$1,534
$2,395
$703
$946
$1,171
$1,364
$1,879
$1,102
$1,782
$2,479
$3,158
$5,163

Nevada homeowners insurance rates by city

Insurance risks like break-ins and natural disasters are not spread equally across Nevada. As such, home insurance costs are subject to vary from ZIP code to ZIP code. With the interactive map below, you can compare home insurance costs where you live to other Nevada ZIP codes.

Your premium is determined in part by the area of the state you live in. Insurers look at how many claims they receive from each ZIP code to help determine risk. In areas where there are numerous claims — either because of frequent natural disasters, high crime or any other reason — rates are likely to be higher. Areas with fewer claims, meanwhile, will see lower average rates. Here are some of the cheapest cities for Nevada homeowners insurance:

  • Elko: $1,035 per year — 11 percent below state average
  • Boulder City: $1,035 per year — 11 percent below state average
  • West Wendover: $1,059 per year — 9 percent below state average
  • Manhattan: $1,065 per year — 9 percent below state average
  • Nixon: $1,065 per year — 9 percent below state average

In these Nevada cities, the cost of homeowners insurance is the most expensive throughout the state. If you live in one of these areas, however, you may still be able to purchase low-cost home insurance by shopping around and taking advantage of available discounts. Even in the most costly cities, where home insurance rates range from 5 to 14 percent higher than the Nevada state average, average rates are still well below the average national rate of $1,759.

  • Crystal Bay: $1,322 per year — 13 percent above state average
  • Coyote Springs: $1,283 per year — 10 percent above state average
  • Incline Village: $1,233 per year — 6 percent above state average
  • North Las Vegas: $1,227 per year — 5 percent above state average
  • Indian Springs: $1,225 per year — 5 percent above state average

*Rates are for $250,000 in dwelling coverage.

House Icon

Insuring your Nevada home

Nevada’s home insurance costs may be cheap, but they do not account for extra coverage options homeowners might consider adding to their policies to cover other risks like earthquakes and floods. Below, we’ll take a better look into what home insurance covers — and what it doesn’t — so you can be fully protected. Back to top Caret Up

What does home insurance cover in Nevada?

We mention customizing a home insurance policy a couple of times, but what exactly does that mean and why would someone need to customize? Your home insurance policy is written on a standard form that protects you from a list of specified perils. The most common type of home insurance is an HO-3 form, which protects your dwelling and other structures on an open peril basis, and your personal property is protected on a named peril basis. This means that your dwelling and other structures are protected from everything except what is specifically excluded from your policy, while your personal property is only covered for the perils that are written out in your policy.

So, in order to be protected for more than what’s in your policy, you might consider purchasing additional endorsements. But, before you research what you need to add, you should first get familiar with what your home insurance policy already covers:

  • Smoke
  • Falling objects
  • Vandalism
  • Fire and lightning
  • Explosions
  • Theft

Additional home insurance coverage types in Nevada

Most Nevada homeowners insurance companies offer basic homeowners insurance, plus a variety of endorsements for additional protection. Here are some other insurance coverage types that Nevada homeowners might want to consider that are not included in a standard policy. Some of these coverage types may be available as an endorsement rather than a separate policy, so speak with your insurance agent to learn more.

  • Flood insurance: Flood damage is not covered by standard homeowners insurance policies. You will need a flood insurance endorsement (offered by relatively few companies) or a separate flood insurance policy from the National Flood Insurance Program (NFIP) or a private insurer to be covered. According to the Federal Emergency Management Agency, the average cost of a flood insurance policy in Nevada is $1,031 per year.
  • Earthquake insurance: Homeowners insurance policies generally do not include coverage for earthquake damage, but you may be able to add it as an endorsement. If you are in a high-risk area, you may need a separate earthquake insurance policy. This is something Nevada homeowners will want to take seriously, as it is the third-most earthquake-prone state in the country (behind California and Alaska).
  • Water backup insurance: Water damage caused from a backed-up sewer or drain lines is not an automatic coverage and often must be added by endorsement. This kind of damage may be more common in basements and crawl spaces but can occur from any sewer or drain line.

If you are unsure what coverage options may be best for your situation, talking with an agent might be helpful.

Related content:

Common Nevada home insurance problems

Nevada may be less prone to natural disasters than its neighboring states, but that does not necessarily put homeowners in the clear for experiencing weather-related damage. Nevada is the driest state, but floods are still common. Nevada may be known for its sprawling deserts, however, it still gets a noticeable amount of snow. Other common hurdles Nevada homeowners may encounter include:

  • Coverage limitations in wildfire risk zones
  • Obtaining flood insurance
  • No FAIR plan or similar program for homeowners in high-risk areas

New

Recent news in Nevada homeowners insurance market

Recently, Nevada has become a much more dog-friendly state in terms of insurance. In early 2022, a new law went into effect pertaining to dog breeds and home insurance. Senate Bill 103 prohibits property insurers from canceling, refusing to renew or raising rates because of dog breed.

Nevada’s western neighbor, California, has seen more than its fair share of insurance woes throughout the past year. While the Nevada insurance market does not share the same exact problems, some of the Golden State’s problems could begin to trickle over into the Silver State. Fresh off the heels of the news that it was exiting California, local insurance company CSE will also be leaving Nevada.

Frequently asked questions

Methodology

Savings

Compare rates and save on home insurance today!

ZIP code
Close X
Written by
Natalie Todoroff
Writer, Insurance

Natalie Todoroff is an insurance writer for Bankrate, prior to which she wrote for a popular insurance comparison shopping app. She has a Bachelor of Arts in English and has written over 800 articles about insurance throughout her career.

Edited by Editor II, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute