Cheapest and Best Car Insurance in Sparks, NV (August 2024)

In Sparks, Nevada, the cheapest full coverage option is Mercury, while families with teens find Nationwide most economical. Nationwide also offers the cheapest for minimum coverage. For customer service, Capital Insurance Group excels, taking the title of best overall, considering price and service. Ultimately, choosing the best insurance is subjective and hinges on individual preferences and coverage needs.

MoneyGeek found that the following companies offer the cheapest car insurance in Sparks:

• Nationwide: $371 per year
• Country Financial: $396 per year

Allstate holds the title for the priciest minimum coverage policy in the city with an annual premium of $1, 089. This stark contrast in pricing — $718 more per year than Nationwide — highlights the importance of comparing rates to secure financial savings.

Car owners in every city across Nevada, including Sparks, must adhere to the minimum car insurance coverage set by state law. Here's what you're required to have:

• $25,000 for bodily injury per person
  
• $50,000 for bodily injury per accident
  
• $20,000 for property damage liability per accident
  

Imagine you're at fault in a collision and the other party's bodily injury costs total $30,000. Your insurance would cover up to $25,000 for that individual, and you would be responsible for the remaining $5,000 out-of-pocket. If multiple people are injured, and the combined expenses are $60,000, the policy pays up to $50,000, with you covering the rest.

MoneyGeek found that Mercury provides the cheapest full coverage car insurance in Sparks, followed by Country Financial.

• Mercury: $654 per year
• Country Financial: $733 per year

Dairyland has the most expensive full coverage policy in Sparks at $2,291 annually — a stark contrast to Mercury's $654. Full coverage is pricier than minimum coverage due to its comprehensive protection.

Full coverage policies extend beyond increased liability limits, encompassing both comprehensive and collision insurance.

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, opt for a full coverage insurance as a measure to protect the financial value of your automobile. If you're leasing or have a car loan, you are typically required to carry full coverage insurance.

With older car models, the cost of this additional coverage may outweigh the benefits, often amounting to several hundred dollars more. It is important to assess how much car insurance you need, considering that more comprehensive policies come with higher premiums, while less coverage could potentially leave you with greater risks.

MoneyGeek found that Mercury is the cheapest option in Sparks for drivers with a speeding ticket or a DUI, while Country Financial offers the lowest rates after an at-fault accident.

• Speeding Ticket: Mercury ($900 per year)
• At-Fault accident: Country Financial ($1,040 per year)
• DUI: Mercury ($1,189 per year)

CSAA has the most expensive rates for these offenses. There's a significant difference of $289 in annual rates between the cheapest company for drivers with a poor driving record after a speeding ticket and the cheapest after a DUI, showcasing how the severity of an incident can impact car insurance rates.

Insurance rates in cities like Sparks climb with the gravity of driving violations due to the increased risk perceived by insurers. Drivers in Sparks with a speeding ticket pay an average annual rate of $2,049, while those with a DUI face significantly higher rates, averaging $2,524.

The following companies offer the cheapest car insurance for teens in Sparks:

• Nationwide: $1,664 per year for female teens and $1,792 per year for male teens
• State Farm: $2,193 per year for female teens and $2,738 per year for male teens

These premiums are for policies that cover a combination of two parents and a teenager. In comparison, GEICO has the most expensive teen family policy in Sparks, with annual rates at $4,594 for female teens.

In Sparks, it's economical for teens to join a family plan at $3,425, a way better deal compared to getting an individual policy that runs an average of $7,029 annually. The considerable disparity comes from the inherent risk insurers associate with inexperienced, teenage drivers.

Below are the two top providers for the cheapest car insurance for military personnel and their families in Sparks:

• Mercury: $654 per year
• Country Financial: $733 per year

Although USAA did not make the top of the list with their annual premium of $1,031, it remains a competitive option, particularly due to its tailored services for active-duty military members.

It takes time and effort to manually compare rates online. You'll have to input a lot of personal data for each estimate — a process that takes 15 minutes or longer.

MoneyGeek's car insurance calculator streamlines this process. By entering key information such as age, driving history, credit score and coverage preferences, you will receive tailored rate estimates promptly.

Choosing the right auto insurance is a balancing act between service, cost, coverage and other individual preferences. MoneyGeek's specialized scoring system has identified the best car insurance providers in Sparks for varying consumer priorities.

• Best overall: Capital Insurance Group (MoneyGeek score 91 out of 100)
• Best for service: Capital Insurance Group (MoneyGeek score 88 out of 100)
• Best cheap: Capital Insurance Group (MoneyGeek score 91 out of 100)

Capital Insurance Group emerges as the best in Sparks for overall value, service and affordability, making it an excellent choice for those seeking a comprehensive insurance provider that excels in every category.

MoneyGeek found the following companies as the overall best car insurance in Sparks:

• Capital Insurance Group: MoneyGeek score of 91 out of 100 ($833 per year)
• Mercury: MoneyGeek score of 83 out of 100 ($654 per year)

Capital Insurance Group distinguishes itself with exceptional customer satisfaction and claims-handling processes.

MoneyGeek found that the following companies excel in top-notch customer service in Sparks:

• Capital Insurance Group: MoneyGeek score of 88 out of 100 ($833 per year)
• American Family: MoneyGeek score of 83 out of 100 ($1,066 per year)

Capital Insurance Group distinguishes itself by delivering first-rate customer satisfaction and claims service, contributing significantly to its high MoneyGeek score. Clients consistently experience comprehensive and personable interactions, which secures its position as a leading provider in Sparks.

MoneyGeek found that the following companies are the best options for cheap car insurance in Sparks:

• Capital Insurance Group: MoneyGeek score of 91 out of 100 ($427 per year)
• Nationwide: MoneyGeek score of 81 out of 100 ($371 per year)

Capital Insurance Group reflects a balanced blend of value, reliability and customer satisfaction. The score confirms that top-notch service need not come at an exorbitant price, a crucial consideration for drivers seeking financial savviness without compromising on quality.

In Sparks, Nevada, the average car insurance cost is $1,338, which, when compared to the average state car insurance cost of $1,966 in Nevada, is notably less expensive. The difference of $628 showcases that Sparks residents can expect lower insurance premiums than the larger state average.

Car insurance premiums are determined by various factors, with location being a significant one. Insurers consider the rate of accidents, thefts and vandalism in an area which can directly influence the cost of insurance. For example, the city with the highest car insurance premium is Sunrise Manor at $2,537, while Sparks enjoys the lowest at $1,338. This difference of $1,199 shows the significance of location when assessing insurance costs. Areas with lower traffic densities, often found outside of cities, may benefit from even lower rates.