Henderson car insurance costs an average of $1,840 per year, which is cheaper than the state average. At roughly $963 annually, the cheapest widely available insurance provider is GEICO. MoneyGeek ranked the cheapest providers based on different coverage levels and driver profiles. For drivers looking to balance affordability with quality service, MoneyGeek also rated the best companies in Henderson.
Compare the Cheapest Car Insurance Quotes in Henderson, NV
The Cheapest and Best Car Insurance in Henderson
The Cheapest Car Insurance Companies in Henderson
In Henderson, the insurers with the cheapest average rates for a full coverage policy are:
- USAA: $963 annually (only available to current and former military)
- GEICO: $1,095 annually
The most affordable car insurance company in Henderson is USAA, which offers car insurance rates for as low as $963 on average. However, USAA is only for those in the military and their family members. The next cheapest car insurance company is GEICO, which offers car insurance rates for as low as $1,095, which is $745 less than the city’s average. Compared to the most expensive company, Farmers Insurance, GEICO’s average is $1,170 cheaper.
To facilitate this study, MoneyGeek gathered average insurance rates in Henderson for a sample 40-year-old male driver with a full coverage policy, which includes liability insurance and comprehensive and collision coverage.
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Average Cost of Car Insurance in Henderson
Car insurance in Henderson is more affordable than in Las Vegas, the most populated city in Nevada. The annual average car insurance in Henderson is $1,840, which is $60 cheaper than the state average of $1,900. However, the city’s car insurance rate is still 29.2% more expensive than the national average.
It is noteworthy to consider that insurance rates vary from person to person, depending on various personalized factors. By understanding the factors that affect car insurance rates in Henderson, you may be able to find the right car insurance that meets your needs.
The Best Car Insurance Companies in Henderson
To help Henderson drivers looking for an insurer that balances cost and quality, MoneyGeek ranked the best companies. According to MoneyGeek’s data, the best car insurance providers in Henderson for most drivers are:
- State Farm: MoneyGeek score 90 out of 100
- GEICO: MoneyGeek score 90 out of 100
USAA received the highest score in Henderson by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To arrive at these final scores out of 100, MoneyGeek used several criteria, including J.D. Power user satisfaction, affordability and financial stability.
Personalized Quotes to Get You the Cheapest Car Insurance in Henderson
Personal factors affect your insurance quotes such as age, marital status, gender, car model, miles driven per year, and driving history. Those are all factors that impact your insurance costs. To get a favorable insurance cost, make sure you have a driving history without violations and offenses.
To get an idea of your insurance premiums, it is advisable to get personalized car insurance quotes in Henderson. It will also be beneficial if you get a personalized quote regularly to check if there are available discounts, rebates, and savings. Also, be sure to check your rating with different companies.
Shopping around for car insurance in Henderson could save you $745, which is enough to buy:
Cheapest Car Insurance in Henderson by Coverage Amount
In Henderson and elsewhere, the amount of coverage you choose to buy is one of the most important factors impacting your rates. For a state minimum liability policy in Henderson, you would pay $993 on average per year, while a full coverage policy with higher liability limits costs $1,840 on average. This is a difference of $847.
Nevada Minimum Liability Requirements
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $20,000 for property damage. A more protective level is 100/300/100.
There are different types of insurance plans that are categorized according to their level of coverage. For instance, GEICO offers a $594 average for liability coverage and a $895 average for full coverage for 50/100/50. That coverage type means that $50,000 is allocated to pay for medical bills, $100,000 per vehicle and $50,000 for property damage repair. The 50/100/50 GEICO full coverage insurance is worth considering, especially since it only costs $190 more while covering both your expenses and the other party.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Henderson if You Have Driving Violations
One factor that affects your auto insurance premiums is your driving history. With State Farm, a person will pay an average of $1,519 for auto insurance if they have no driving violations. If they were to get a speeding ticket, that rate would rise to an average of $1,634. If that State Farm customer causes an auto accident, their average rate increases to $1,750.
If that State Farm customer gets a DUI, they will see their rate rise to an average of $1,634. Being a safe driver can saver drivers in Henderson hundreds of dollars in auto insurance premiums.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
As with many states, auto insurance rates in Henderson vary by ZIP codes. What causes the variations from one ZIP code to another is that certain regions have denser traffic, different auto accident rates or car theft rates.
In Henderson, the cheapest ZIP code is 89015, which averages to $1,765. The second cheapest is 89052, which is $1,852 on average. The most expensive ZIP is 89074 at $1,903 on average.
- Zip CodeState Minimumper year
Top Agents Offering Affordable Car Insurance in Henderson
Factors That Impact Insurance Costs in Henderson
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Henderson. How Henderson ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Henderson are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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