Updated: November 27, 2024
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In Sparks, NV, Capital Insurance Group is both the overall best and the cheapest choice for home insurance. If customer service is your priority, however, American Family is best.
Choosing the best inexpensive home insurance depends on what you value, such as costs or how a company helps when you have questions or problems.
Best HomeInsuranceSparks, NVTable of Contents
Why Trust MoneyGeek? We used data from Nevada's Department of Insurance and Quadrant Information Services to find the top homeowners insurance in Sparks. Our suggestions are based on data and industry standards.
Home insurance premiums in Sparks represent the most competitive rates as of September 2024.
MoneyGeek found that Capital Insurance Group is the best option for home insurance in Sparks, NV, with a MoneyGeek score of 70 for 100K dwelling coverage.
The scores for home insurance companies in Sparks range from 43 to 75. These figures are based on MoneyGeek's scoring system, and insurers may have different scores depending on your credit history and the age of your home.
| Capital Insurance Group | 70 | $266 |
| State Farm | 69 | $576 |
| Nationwide | 68 | $555 |
| Encompass | 60 | $524 |
| American Family | 57 | $731 |
| COUNTRY Financial | 56 | $659 |
| Farmers | 52 | $688 |
MoneyGeek found that Capital Insurance Group is the best option in Sparks, NV, for $100K dwelling coverage. The two best overall home insurance companies in Sparks for $100K dwelling coverage are:
Capital Insurance Group stands out as the best home insurance provider because it offers a great balance of affordability and coverage.
Sparks, NV, homeowners have a choice among various companies, each offering different costs and service experiences. While affordability is key, other factors — such as customer support and coverage options — are important, especially when filing a claim.
Capital Insurance Group scores high on affordability and customer satisfaction. It offers comprehensive home insurance coverage with options like home rental and equipment breakdown. You can save with discounts like bundle, which combines home and auto insurance.
Capital Insurance Group provides useful coverages like equipment breakdown, which helps if a power surge damages your appliances. Service line coverage protects against costly repairs. Scheduled personal property coverage insures valuables like jewelry and art.
MoneyGeek found that American Family provides the best customer service in home insurance in Raleigh, N.C., for $100K dwelling coverage. Here are the top providers for this coverage level:
American Family is the best because it provides outstanding customer satisfaction, which greatly contributes to its high MoneyGeek score. They deliver reliable service that keeps homeowners feeling supported. Excellent service in home insurance means quick claim processing and helpful customer support.
American Family scores high due to its customer satisfaction and coverage. It offers equipment breakdown and water damage coverages, covering mechanical failures and protecting against unseen leaks. Discounts like smart home and pay-in-full also help save money. These coverages are valuable for homeowners, ensuring protection against unexpected issues.
MoneyGeek found that Capital Insurance Group is the best cheap home insurance provider in Sparks, NV, for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
Capital Insurance Group stands out due to its impressive affordability score. Cheap home insurance often means choosing lower coverage. While this helps save money, it might not be enough in an accident. In instances where saving on premiums is a priority, considering the most affordable homeowner insurance companies may be beneficial.
What sets the best cheap home insurance apart from the cheapest is its value for money, balancing cost with the coverage that meets a homeowner's needs without being expensive.
Capital Insurance Group scores high on affordability, making it a great choice for budget-conscious homeowners. It offers coverages like equipment breakdown and service line, but lacks cyber event/ID theft. You can save more with discounts like bundle, which combines home and auto insurance.
Home rental coverage is useful for landlords, while equipment breakdown helps with appliance repairs. Service line coverage protects against power surges. These options make it a valuable choice for homeowners.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 13, 2024
Homeowners insurance in Sparks is influenced by several factors, with location being one. Comparing rates is crucial for savings, but it can take over an hour, considering it takes about 15 minutes per company for at least three insurers. MoneyGeek's home insurance calculator helps you save time. Enter your age, coverage needs, credit score and other details for a quick estimate.
Capital Insurance Group stands out in Sparks, NV, as the most cost-effective option for homeowners insurance. The following companies offer the lowest annual premiums in their respective dwelling coverage categories:
Capital Insurance Group provides the cheapest homeowners insurance in Sparks due to its low annual premium and high MoneyGeek score. Choosing the right amount of dwelling coverage is essential as it significantly affects the insurance premium.
Securing the cheapest homeowners insurance in Nevada can be a smart strategy to handle personal finances better.
| Capital Insurance Group | $266 |
| Encompass | $524 |
| Nationwide | $555 |
| State Farm | $576 |
| COUNTRY Financial | $659 |
| Farmers | $688 |
| American Family | $731 |
Capital Insurance Group is the most affordable option for high-value home insurance in Sparks, Nevada. Homes that cost more to replace need higher dwelling coverage, leading to home insurance costs that are also higher.
Capital Insurance Group offers the lowest rates in Sparks, NV making it the best option for budget-conscious homeowners. According to MoneyGeek, although it's the cheapest, it's backed by a strong rating, suggesting that affordability and quality aren't mutually exclusive.
| Capital Insurance Group | $1,108 |
| State Farm | $2,507 |
| American Family | $2,519 |
| Farmers | $2,791 |
| Nationwide | $2,918 |
| COUNTRY Financial | $2,972 |
| Encompass | $3,666 |
Capital Insurance Group offers the lowest annual premium for new homes requiring $100K in dwelling coverage in Sparks, NV.
Capital Insurance Group is the most affordable for new homeowners because of its low rates. Despite providing the cheapest option, it also performs well, making it a great choice. However, the cheapest option may not always be the best according to other measures. When securing home insurance, ensuring adequate coverage for your property is essential.
| Capital Insurance Group | $160 |
| Nationwide | $333 |
| State Farm | $346 |
| Encompass | $347 |
| Farmers | $398 |
| COUNTRY Financial | $399 |
| American Family | $497 |
Securing the best cheap homeowners insurance is about finding a provider that delivers excellent customer service and comprehensive coverage at an affordable rate. Providers that achieve this balance offer peace of mind without breaking the bank, ensuring you are well protected from various risks to your home.
To guide you through the process, we outlined key factors to consider when seeking the best and most affordable homeowners insurance for your home.
To determine how much home insurance coverage you need, consider the unique aspects of your home in Sparks, NV. This includes rebuilding costs, personal property value and liability requirements.
Explore insurance companies operating in Sparks, NV. Focus on those with solid financial ratings, favorable customer feedback and a history of reliable service.
After identifying necessary coverages, compare home insurance quotes. In Sparks, NV, premiums for $100K dwelling coverage range from $266 with Capital Insurance Group to $688 with Farmers annually.
Inquire with each insurer about available discounts. This could include savings for policy bundling, security system installations or maintaining a claims-free record.
Opting for a higher home insurance deductible can lower your premiums. Ensure the deductible is an amount you can comfortably pay if needed.
Enhancing your home's security with alarm systems and sturdy locks can decrease its risk level, potentially reducing insurance costs.
A strong credit score can influence your insurance rates in Sparks, NV. Timely bill payments and minimizing debt are key practices.
Consider combining your homeowners insurance with other policies, like auto insurance, to benefit from discounts and cost savings.
Choosing the best cheap home insurance provider in Sparks depends on your coverage needs and budget. Get answers to common questions about affordable insurance rates in Sparks, Nevada.
The average cost of home insurance in Sparks, Nevada, is $481.
The cheapest home insurance company in Sparks, Nevada, is Capital Insurance Group with an annual premium of $266.
The best home insurance in Nevada for Sparks residents is provided by Capital Insurance Group, with a MoneyGeek score of 70 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
