Cheapest Car Insurance in Nevada (June 2024)

Country Financial offers the cheapest car insurance in Nevada for most driver profiles. But MoneyGeek also found that Nationwide and Capital Insurance Group were also the the best options for other driver types in Nevada.

If you want the best combination of affordability and quality service, MoneyGeek found the best car insurance companies in Nevada.

On average, MoneyGeek found that the cheapest car insurance companies in Nevada for a minimum coverage policy are:

• Country Financial: $459 per year
• Capital Insurance Group: $544 per year

Dairyland offers the least affordable auto insurer in Nevada for minimum coverage. Its annual premium costs around $2,078. Car insurance that meets minimum insurance requirements in Nevada only covers bodily injury liability and property damage liability.

A minimum coverage policy only covers the cost of damages or injuries you cause to others. If you want more protection, try comprehensive and collision insurance, also known as full coverage. This insurance extends to damages to your vehicle.

On average, the most affordable full coverage auto insurance in Nevada is provided by:

• Country Financial: $840 per year
• Mercury: $995 per year

Dairyland offers Nevada's most expensive full coverage insurance at around $4,307 per year.

If you include comprehensive and collision coverage, it increases your yearly premium. For example, Country Financial's full coverage option is around $381 more expensive than its minimum coverage option. Full coverage auto insurance provides more financial protection when you file a claim. It protects you from damages caused by on-road accidents and off-road accidents.

Determining how much car insurance you need impacts your rates. MoneyGeek’s sample full coverage policy features liability protection with these limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage liability per accident

You can save by lowering your limits, dropping collision and comprehensive insurance or raising your deductible. However, this could leave you with insufficient coverage if you are involved in an accident.

Most car insurance providers provide quotes online, requiring you to give personal information. It may also take up to 15 minutes to complete this process. Comparing rates will require you to submit your information to different insurance websites, which means additional time.

MoneyGeek provides a car insurance calculator to help you see quick estimates without giving your information to different insurers. It can serve as a starting point to help you find the cheapest insurance that suits your needs.

Age is one factor significantly affecting Nevada's car insurance rates. Nationwide and Country Financial offer the cheapest options, depending on what age group you and your family belong to.

On average, these insurers offer the most affordable auto insurance for teens on a parent’s policy in Nevada:

• Nationwide: $2,572 per year for male teens and $2,388 per year for female teens
• Allstate: $3,771 per year for male teens; State Farm: $3,061 for female teens

Kemper charges the most for most teens, averaging $6,238 per year for male teens and $5,958 per year for female teens. These rates are for 16-year-old teens on their parent’s policy. Adding a teen to a parent's policy is usually cheaper than buying separate coverage for them.

Car insurance rates for teens significantly decrease as they get older, with 19-year-olds getting the lowest rate overall. Nevada's cheapest car insurance provider for 19-year-old males is Nationwide, costing around $2,276 annually.

A 16-year-old male Nevada resident might pay $9,872 per year for individual insurance vs. $4,722 if he’s added to his parent’s policy. It's a $5,150 difference.

Families can save on car insurance by getting discounts for young drivers. Allstate, Farmers, Progressive, State Farm and Travelers all offer distant student and good student discounts. GEICO, Kemper and Nationwide offer good student discounts.

On average, the cheapest car insurance companies for Nevada drivers in their 20s are:

• Country Financial: $1,164 per year
• Mercury: $1,368 per year

Dairyland offers the most expensive car insurance for young adults averaging $4,960 per year. Young adults pay around $424 more for insurance than middle-aged drivers.

On average, senior Nevada drivers can get the most affordable car insurance from these insurers:

• Country Financial: $796 per year
• Capital Insurance Group: $883 per year

Dairyland offers the least affordable auto insurance rates for seniors, averaging $3,907 per year.

Nevada residents in their 60s pay more than middle-aged drivers by around $33 per year. However, insurance rates will increase as you age and reach your 70s and 80s.

Seniors who want to save money on car insurance might be able to get discounts. Allstate, American Family, Farmers, GEICO, Kemper and Mercury all offer senior driver discounts.

Country Financial is the cheapest provider for drivers with tickets, at-fault accidents and DUIs on their record in Nevada. It is also the cheapest provider for people with poor credit. Sports car drivers will find Capital Insurance Group the most affordable.

On average, these auto insurance companies offer the most affordable full coverage policies in Nevada for drivers with tickets:

• Country Financial: $1,061 per year
• Nationwide: $1,244 per year

The most expensive insurer is Dairyland, averaging $5,844 per year. Getting a ticket in Nevada means you could pay $567 more per year than drivers without tickets.

On average, these are the cheapest full coverage insurance providers in Nevada for drivers with an at-fault accident:

• Country Financial: $1,197 per year
• Capital Insurance Group: $1,526 per year

Dairyland is the least affordable provider for drivers with at-fault accidents, costing about $7,220 per year. On average, having an at-fault accident increases your annual premium by $1,155.

For Nevada drivers who have a DUI on their records, here are the cheapest options for full coverage car insurance, on average:

• Country Financial: $1,468 per year
• State Farm: $1,579 per year

The least affordable insurer for drivers with a DUI on their record is Dairyland, costing an annual average of $6,332. A DUI may increase your annual premium by $1,131.

The least expensive auto insurance providers in Nevada for drivers with poor credit are, on average:

• Country Financial: $1,286 per year
• Capital Insurance Group: $1,412 per year

If you have a poor credit score, Dairyland charges more than any other insurance company at around $5,343 annually.

Your credit credit score plays an important role when computing your rates. If it’s below 580, you might pay $844 more for auto insurance in Nevada than someone with a credit score of 750 or higher.

Car insurance providers determined that drivers with poor credit scores are highly likely to file claims, so they charge these drivers higher premiums. Not all states can determine premiums based on credit scores, but Nevada can.

When you improve your credit score, it helps lower your insurance rates. You may also compare providers or find insurers who offer standard discounts to save money.

On average, Nevada drivers with sports cars may fare best with these insurers who offer the least expensive car insurance:

• Capital Insurance Group: $1,103 per year
• Travelers: $1,226 per year

The most expensive insurer for a sports car is Dairyland, with an annual average premium of $4,241.

Sports cars usually have higher costs for repairs and replacements than standard vehicles. In Nevada, drivers pay around $77 more per year to insure a sports car than a Toyota Camry LE.

MoneyGeek used a Ford Mustang for the quotes in this study. Car insurance rates change depending on the car model. Luxury, electric, hybrid and sports cars are usually more expensive to insure than other model types. However, this might not be true in your state.

For current military members and veterans, the most affordable insurer is Country Financial, costing an annual average of $840.

Active-duty military personnel including veterans and their respective families can also avail of car insurance policies from USAA, costing around $1,306 per yer. The company is accessible in all states and Washington D.C.

Car insurance rates change based on different factors, including the city you live in. Drivers living in areas with higher theft rates, vandalism or accidents make them more likely to file insurance claims. Consequently, they'll be paying higher premiums.

MoneyGeek found that Reno has the most affordable auto insurance in Nevada, provided by Mercury at a yearly average of $812. Sunrise Manor has the most expensive car insurance rates offered by Capital Insurance Group. The average yearly premium is $1,565.

We listed cities in Nevada in the table below to help you compare car insurance rates by location.

Most states require drivers to buy car insurance that includes bodily injury and property damage coverage. Nevada is no exception.

Nevada state laws require drivers to have proof of insurance in their vehicles at all times. It must meet the state minimum requirements for bodily liability insurance and property damage coverage.

A minimum coverage policy lets you save money, but you might need more financial protection if you encounter an incident.

MoneyGeek recommends getting as much liability coverage as you can. Also, if you have a DUI in Nevada, you’ll be required to file an SR-22 certificate.

For extra protection, MoneyGeek suggests buying liability insurance of at least $100K per person and $300K per accident and increasing your property damage coverage to $100K. Including comprehensive and collision insurance might be required if you financed your car.

Comprehensive insurance covers repairs and car replacement during off-road incidents like theft, vandalism, animal damage and weather-related events. Collision insurance covers repairs or replacement if your car is damaged by another vehicle or an object like a post or tree.

We also recommend getting comprehensive and collision coverage if you have a valuable car.

Aside from buying a minimum car insurance policy in Nevada, you can also try getting coverage from Nevada Auto Insurance Plan. It’s a good alternative if you do not meet the requirements for the voluntary market.

Non-owner car insurance in Nevada is another option to consider if you don’t own a car but need coverage when you drive rented or borrowed cars.

If you are looking for car insurance, you might have questions about cost and quality. MoneyGeek answers the most commonly asked questions about car insurance in Nevada.