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Cheapest Car Insurance Companies and Quotes in Nevada

MoneyGeek ranked the cheapest insurance companies in Nevada based on comprehensive and collision coverage for the average driver. Many individual factors can influence car insurance prices. To find out how much you can expect to pay, compare car insurance quotes and annual premiums from multiple providers.

Average Comprehensive and Collision Rates in Nevada

These prices are approximations for the average driver in Nevada. Each provider weighs risk differently. Some see DUIs or tickets as a higher risk than others, leading to higher premiums. Some offer better discounts for good driving habits and vehicles with safety features. Shop around to find what is best for you.

Insurance Rates

Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

Cheapest Liability Car Insurance in Nevada

All drivers in Nevada need a car insurance plan that meets the minimum coverage requirements of $15,000 for injuries to one person, $30,000 for injuries per accident and $10,000 for property damage expenses per accident. In Nevada, GEICO has the most affordable average annual premiums of $583 for state minimum coverage and $692 for a 50/100/50 liability-only plan.

Average Cost for Liability Coverage

The Best Car Insurance Companies in Nevada for 2021

To help you find the best car insurance in Nevada, MoneyGeek ranked the top providers based on affordability, claims experience, customer service standards and financial strength.

To rank each criterion, MoneyGeek used information from industry-standard studies to evaluate insurance companies: AM Best’s financial strength ratings and J.D. Power’s U.S. Auto Insurance Study. Along with unique pricing data, Moneygeek weighed each study equally to arrive at a final score out of 100.

Expand All Rankings +

1

USAAScore: 100
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

2

State FarmScore: 90
+

5/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A++

Financial Stability

3

GEICOScore: 90
+

3/5

User Satisfaction

3/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

4

AllstateScore: 82.5
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

5

CSAAScore: 82.5
+

3/5

User Satisfaction

2/5

Claims Ratings

5/5

Affordability

A

Financial Stability

6

Liberty MutualScore: 82.5
+

3/5

User Satisfaction

4/5

Claims Ratings

3/5

Affordability

A

Financial Stability

7

American FamilyScore: 80
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A

Financial Stability

8

TravelersScore: 80
+

2/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A++

Financial Stability

9

SafecoScore: 77.5
+

3/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A

Financial Stability

10

FarmersScore: 77.5
+

3/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A

Financial Stability

While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.

Market Share by Company

Based on 2018 data from the National Association of Insurance Commissioners, the top-rated auto insurance companies in Nevada are State Farm, GEICO, Progressive, Allstate, Farmers, USAA, CSAA, Liberty Mutual, American Family and Key Insurance Co. USAA is a company that offers insurance to members of the military and veterans and their families.

State Farm has the largest customer base with 17.54% of the state’s policies, followed by GEICO at 15.20%, Progressive at 11.19% and Allstate at 9.36%.

Check out the top insurers in Nevada in the table below.

Insurance Rates

Compare Auto Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

What Is the Average Cost of Car Insurance in Nevada?

Several individual factors influence car insurance premiums. MoneyGeek calculated the average rates for 100/300/100 comprehensive and collision coverage for a typical 40-year-old male with a Toyota Camry with a clean driving record. Depending on the coverage level you choose and other factors like your age or location, your premiums can be higher or lower than these Nevada averages.

  • Average Driver: $1,900
  • DUI: $2,903
  • Speeding Ticket: $2,355
  • Poor Credit Score: $3,167
  • Seniors: $1,997
  • Students: $3,833

Cheapest Car Insurance for Drivers With a DUI in Nevada

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 following chart shows what drivers in Nevada can expect to pay for auto insurance getting a DUI.

Average Car Insurance Rates With a DUI

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

Cheapest Car Insurance With Tickets in Nevada

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

Average Car Insurance Rates With a Ticket

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

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

Average Car Insurance Rates for Drivers With Bad Credit

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

Cheapest Car Insurance Companies in Nevada 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 following chart shows what seniors in Nevada might pay for car insurance.

Average Car Insurance Rates for Seniors

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 for Students in Nevada

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.

In addition, anyone under age 18 who applies for a license in Nevada must show proof that they qualify as one of the following:

  • Are enrolled in high school
  • Are excused from attending school because of homeschooling or a disability
  • Have completed high school or the equivalent

Young drivers may not transport any passenger under the age of 18, except for immediate family members, for the first six months after the license was issued. In addition, drivers younger than 18 may not drive between the hours of 10:00 p.m. and 5:00 a.m. unless they are traveling to or from a scheduled event such as school events or work, according to the Nevada DMV.

The following table illustrates an estimation of what parents in Nevada can expect to pay for their teen or college-aged student drivers.

Average Car Insurance Rates 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 companies, 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.

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Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

About the Author


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Laura Longero is an award-winning journalist who has 15 years of experience in the industry across content creation, writing and editing, communications and storytelling. She spends her free time wrangling her kids, reading and pinching pennies.


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