The Cheapest Car Insurance in Nevada for 2022

MoneyGeek analyzed the best insurance companies in Nevada to find cheap car insurance quotes for you. The analysis shows that GEICO is the cheapest company for a sample driver, and you can save up to $2,004 by comparing rates.

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Although GEICO offers the least expensive auto policies in Nevada, car insurance rates vary depending on factors like your age, driving history, credit score and coverage amount.

While GEICO is the best option for many driver types, State Farm offers the most affordable insurance policies to drivers with a DUI. If you have a military background, you may be eligible for a USAA policy, which is the cheapest option in Nevada.

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Cheapest Minimum Liability Car Insurance in Nevada

Minimum liability coverage is the cheapest car insurance option in Nevada. This type of policy only meets the state’s basic car insurance requirements and provides limited protection to drivers.

The cheapest companies in Nevada for minimum liability car insurance are:

  • GEICO: $583 per year
  • Travelers: $819 per year

For military personnel and their families, USAA's $496 average annual rate is the most affordable option for minimum liability coverage. The highest rate for minimum liability insurance in Nevada is from Farmers, which charges $1,451 per year.

Cheapest Minimum Car Insurance in Nevada
  • Company
    Annually
    Monthly
  • 1.
    $496
    $41
  • 2.
    $583
    $49
  • 3.
    $819
    $68
  • 4.
    $893
    $74
  • 5.
    $947
    $79

These prices are only estimates based on rates for an average Nevada driver and should not be used to compare insurance prices.

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Cheapest Full Coverage Car Insurance in Nevada

Full coverage car insurance features comprehensive and collision protection for road accidents and off-road incidents in Nevada. This policy costs more but provides higher limits and more protection for the policy owner's car. Comparing car insurance quotes from various companies can help you find the lowest rates in Nevada.

MoneyGeek found that the companies that provide the lowest full coverage rates in Nevada are:

  • GEICO: $1,083 per year
  • Travelers: $1,389 per year

If you or a family member are in the military, USAA offers the cheapest full coverage rates in Nevada, averaging $939 annually. The insurance carrier with the highest rates for full coverage is CSAA, costing an average of $2,943 per year.

Cheapest Full Coverage Car Insurance in Nevada

Nevada drivers may pay more or less than the above averages and should compare quotes from insurance companies to find the best rates. The prices above are estimated average annual costs for full coverage car insurance for a policy with comprehensive and collision coverage of $100,000 in bodily injury liability per person, $300,000 bodily injury coverage per accident and $100,000 coverage for property damage per accident.

How to Compare Cheap Nevada Car Insurance Quotes Online

Many insurance companies in Nevada let you get a fairly accurate car insurance quote on their website. Make sure you know what coverage levels you need before shopping.

  • When buying car insurance in Nevada, comparing quotes against specific limits can help you identify the best provider. For example, if you need comprehensive and collision insurance with a $1,000 deductible, specify this amount across all providers.
  • MoneyGeek’s car insurance calculator can give you a general quote on what an auto policy costs in Nevada — without entering your personal information. You only need to provide more details if you want a personalized quote.
  • Based on MoneyGeek’s scores, USAA, GEICO and Travelers offer the lowest car insurance rates in Nevada. Consider getting quotes from these companies first.

Auto Insurance Calculator

State

Nevada

Age

40

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female

Click the section of the wheel in your price range to see options.

low end

on average

high end

Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

1.

USAA

$504

2.

GEICO

$772

3.

Travelers

$839

Cheapest Car Insurance for Drivers With a DUI in Nevada

Nevada drivers with a history of major violations, such as a DUI, pay more for insurance because they are considered high-risk. On average, the cost of auto insurance for drivers with no DUI is $1,900 per year, while a driver with a DUI pays $2,903.

The cheapest full coverage car insurance for Nevada drivers with a DUI is from:

  • State Farm: $1,777 per year
  • Allstate: $2,417 per year

If you are affiliated with the military, USAA also offers competitive pricing, at an average annual rate of $1,910 for Nevada drivers with a DUI.

Average Car Insurance Rates With a DUI

The Centers for Disease Control and Prevention completed a study that found that 1.6% of Nevada drivers admitted to driving after drinking too much in the previous 30 days. From 2009-2018, 842 people in Nevada were killed in car accidents involving alcohol.

A DUI costs more than just court and legal fees. It's likely your insurance rates will go up. The above chart shows what drivers in Nevada can expect to pay for auto insurance getting a DUI.

The real cost of a DUI can wreak havoc on your finances. Always remember to not drink and drive.

Cheapest Car Insurance in Nevada for Drivers With an At-Fault Accident

Drivers with an at-fault accident pay a higher car insurance premium than those with a clean driving record. MoneyGeek’s data shows that drivers with an at-fault accident in Nevada pay an average of $2,539 per year for a car insurance policy.

The best cheap car insurance providers for drivers with an at-fault accident in Nevada are:

  • GEICO: $1,819 on average per year
  • State Farm: $1,902 on average per year

For those who are eligible, USAA offers the cheapest car insurance policy for a driver with an at-fault accident at an average cost of $1,293 every year.

Cheapest Car Insurance With an At-Fault Accident

Cheapest Car Insurance for Drivers With Tickets in Nevada

Insurance companies in Nevada charge drivers with minor violations like speeding tickets more than drivers with a clean record. Drivers with no violations pay roughly $1,900 per year. Those with speeding tickets pay an average of $2,355.

The Nevada car insurance companies that charge the lowest full coverage rates for drivers with speeding tickets are:

  • GEICO: $1,487 per year
  • State Farm: $1,777 per year

Are you or a family member in the military? If so, USAA's $1,087 average annual rate for a Nevada driver with tickets is usually the cheapest option.

Average Car Insurance Rates With a Ticket

If you get a ticket for distracted driving, your insurance rates may go up. If you want affordable car rates, don't speed and make sure to focus on the road.

The above table shows the estimated cost of car insurance for drivers in Nevada who recently received a ticket for distracted driving or speeding.

The Insurance Information Institute says that your driving record is taken into account when you secure your auto policy, so being riskier to insure means paying higher premiums. Drive safely to get the best rates.

Cheapest Car Insurance Companies in Nevada for Drivers With Bad Credit

Nevada drivers with bad credit scores tend to pay more for car insurance than drivers with good scores. The cost of car insurance for drivers with bad credit scores in Nevada is $3,167 per year, while the average driver with a good credit score pays only $1,900 annually.

The cheapest car insurance companies for drivers with bad credit scores in Nevada are:

  • GEICO: $1,601 per year
  • Travelers: $2,210 per year

For those of you with military affiliations, USAA also has a competitive policy for Nevada drivers with bad credit, at an average rate of $1,783 yearly.

Average Car Insurance Rates for Drivers With Bad Credit

According to data compiled by Experian, the average FICO score in Nevada is 686. Insurance companies use credit scores to calculate premiums because studies show that credit scores predict the odds a driver will file a claim.

The above estimates show what Nevada drivers with low credit scores might pay for car insurance.

To lower your rates, learn how to raise your credit score and take action to improve it.

Cheapest Car Insurance in Nevada for Seniors

Car insurance companies in Nevada charge higher rates for senior drivers than middle-aged and young adult drivers. On average, senior drivers in the state pay $1,997 per year for full coverage, which is roughly $97 higher than what an average 40-year-old driver pays.

The cheapest car insurance carriers in Nevada for senior drivers are:

  • GEICO: $1,309 per year
  • State Farm: $1,604 per year

If you or a family member are in the military, USAA's $1,103 average annual rate for Nevada seniors is the most affordable option.

Average Car Insurance Rates for Seniors

In 2017, 14.7% of fatal Nevada car accidents were caused by drivers over the age of 65.

For senior drivers who want affordable car insurance rates, it's important for them to ask for discounts for completing driver safety courses, discounts for driving infrequently and discounts for choosing a safe vehicle.

The above chart shows what seniors in Nevada might pay for car insurance.

Nevada requires drivers 65 and older to renew their licenses in person. It's also possible for people to request that the DMV conduct unsafe driver investigations if someone feels a senior driver is a risk on the road.

Cheapest Car Insurance in Nevada for Young Drivers

Since young drivers are less experienced, they carry more risk, and insurance providers charge them more for car insurance. In Nevada, an auto policy for a 16-year-old costs an average of $4,274 per year; a 25-year-old pays an average of $1,656 annually for the same policy.

MoneyGeek’s data shows that Allstate is a great option for a less expensive auto insurance policy in Nevada for drivers aged 16-18. Between the ages of 19 and 25, GEICO has the best car insurance prices.

Annual Car Insurance In Nevada for Young Drivers

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  • Age
    Average Cost
    Cheapest Company
    Company Cost
  • 16
    $4,274
    Allstate
    $3,874
  • 17
    $3,774
    Allstate
    $3,435
  • 18
    $3,346
    Allstate
    $2,931
  • 19
    $3,172
    GEICO
    $2,420
  • 20
    $2,744
    GEICO
    $2,093
  • 21
    $2,324
    GEICO
    $1,706
  • 22
    $2,152
    GEICO
    $1,535
  • 23
    $1,891
    GEICO
    $1,158
  • 24
    $1,750
    GEICO
    $1,108
  • 25
    $1,656
    GEICO
    $1,089

In Nevada, teens younger than 18 must complete a driver education course (in person or online) and 50 hours of behind-the-wheel training to get a license. If there isn't a driver education course within 30 miles of your home, you can either take an online class or choose to complete 100 hours of behind-the-wheel training instead of a class.

Young drivers usually pay high insurance rates because they lack experience behind the wheel. Shop around and compare quotes to find the lowest car insurance premiums for students.

Insurance Rate Information for Military Drivers and Veterans

According to the U.S. Census Bureau, Nevada has approximately 220,000 veterans and more than 10,000 active-duty military personnel. If you are in the military or a veteran, you may be eligible for discounts or special programs. Some of the best car insurance companies for military, like GEICO, offer discounts of up to 15% for active-duty or retired military members and National Guard troops.

Nevada residents who are stationed in Nevada are subject to the same licensing and vehicle registration requirements as non-military, according to the Nevada DMV. Out-of-state residents on active duty in the U.S. Armed Forces are not required to register their vehicles in Nevada. Spouses are also exempt if the spouse lives in Nevada solely to be with the service member.

The following table provides estimates of what military members and veterans can expect to pay for auto insurance in Nevada.

Average Rates for Nevada service members

male
25 years$1,541
50 years$1,242
female
25 years$1,526
50 years$1,265

Car Insurance in Nevada: What You Need to Know

You must obtain insurance from a Nevada-licensed insurance carrier and maintain the coverage for as long as you have the car registered. Coverage is verified electronically with your insurance company. The name and vehicle information on your vehicle registration and your insurance policy must match.

Motorists who do not maintain Nevada liability insurance are subject to a registration suspension, reinstatement fees and fines. You must keep your proof of insurance in your vehicle at all times. Mopeds and trailers are exempt from insurance requirements.

In addition, smog checks are required on most gasoline and diesel-powered cars and trucks around Las Vegas and Reno.

Proof of Insurance in Nevada

By law, you must carry proof of insurance in your vehicle at all times and present it to any law enforcement officer, if requested.

The DMV uses a system called "Nevada LIVE" to instantly validate liability insurance coverage electronically when you register your vehicle and periodically throughout the year.

If your vehicle comes up in a periodic Nevada LIVE search, the DMV will mail you a postcard requesting that you verify your insurance information. If you fail to respond within 15 days, the state will suspend your registration.

Minimum Liability Insurance Requirements in Nevada

Nevada requires that every motorist carries at least the state minimum levels of liability insurance coverage:

  • $25,000 for bodily injury or death of one person
  • $50,000 for bodily injury or death per accident
  • $20,000 for property damage per accident

Nevada has no grace period. A one-day lapse in your insurance coverage will result in a possible suspension of your registration. The minimum penalty is a $251 reinstatement fee. If you have more than ten vehicles, you may be able to self-insure with the Nevada Department of Public Safety.

High-Risk Auto Insurance Program in Nevada

Nevada implemented its Automobile Insurance Plan in 1950 and it covers those who cannot find insurance coverage on their own.

Alternatives to Insurance in Nevada

Those who have more than ten vehicles actively registered in Nevada may qualify for self-insurance. Applicants must deposit a certificate of deposit, surety bond, cash or a letter of credit for 130% of the average annual claims paid by the self-insurer during the immediately preceding three-year period, or an amount determined by the number of vehicles they own.

How Much Coverage Do You Need in Nevada?

Nevada's liability minimums are lower than most states and accidents can and often do cost far more than what the minimum policy will cover. That's why insurance and consumer groups generally recommend you carry much more than that — a minimum of $100,000 of injury protection per person and $300,000 per accident, according to the Insurance Information Institute.

Remember, liability insurance only covers the other party's expenses if you are at fault in an accident. It doesn't cover you, your passengers or your vehicle. You can purchase separate comprehensive and collision insurance for that.

All insurers in Nevada are required by law to offer medical payments coverage and uninsured/underinsured motorist coverage. The latter will pay for an accident if the other driver is at fault and doesn't have insurance. If you still owe money on your car, you will likely have to carry collision and comprehensive insurance as part of the loan agreement.

Cheapest Car Insurance in Nevada by City

Car insurance rates in Nevada can change depending on where you live in the state. For example, Reno is the cheapest city for a car insurance policy at an average annual cost of $1,239. Las Vegas has the most expensive car insurance at $2,221 on average per year. These averages are for a full coverage policy.

Click on your city to find out more information about car insurance costs in your area.

Average Insurance Rate by City in Nevada

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FAQs About Car Insurance in Nevada

Car insurance FAQs in Nevada address pricing and coverage amount concerns. Some of these include:

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About the Author


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Laura Longero is an award-winning writer, content strategist, and communications leader with 15 years of experience in journalism, public relations and marketing for start-ups to global companies. A gifted storyteller, she leads creative teams to produce targeted, high-quality content.

Highly organized and detail-oriented with a bias for action, she has a strong sense of urgency in driving projects to completion and enjoys creating order from chaos. Laura possesses exceptional experience in building and leading teams – with a keen eye for strong talent, especially in cultivating future leaders.


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