The Cheapest and Best Homeowners Insurance in North Las Vegas
The Cheapest Home Insurance Companies in North Las Vegas
Most home insurance providers in North Las Vegas offer the same core coverages, so cost is a very big factor for homeowners to consider. Because rates vary from insurer to insurer, it’s best to compare quotes for homeowners insurance in North Las Vegas.
On average, the cheapest companies in North Las Vegas for homeowners insurance with $250,000 in dwelling coverage are:
- Travelers: $665 per year
- Universal North America: $698 per year
For homeowners with expensive homes and $2 million in dwelling coverage, we found the average cheapest homeowners insurance in North Las Vegas is with:
- American Family: $3,229 per year
- Farmers: $4,822 per year
You can immediately see how prices differ by changing the dwelling coverage limits in the table below.
The Cheapest Home Insurance in North Las Vegas, Ranked
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The policy that MoneyGeek used with $250,000 initial baseline dwelling coverage has a personal property limit of $100,000. But, the policy with dwelling coverage of $2 million has a personal property limit of $800,000. Both policies have $100,000 in liability coverage.
If you’re out of state or live outside of North Las Vegas, you can review home insurance costs in Nevada.
The Average Cost of Homeowners Insurance in North Las Vegas for 2022
The average homeowners insurance premium in North Las Vegas is $930 annually. It is around $24 more than the Nevada state average of $906 but much more affordable than the national average of $2,103 — about $1,173 less!
Calculate the Cost of Home Insurance in North Las Vegas
Where you live directly affects the cost of your home insurance in North Las Vegas. Other important factors include dwelling coverage limits, how much personal property coverage you buy, and your credit score.
To find coverage and a rate that suits your needs, compare quotes in Nevada using MoneyGeek’s home insurance calculator.
Home Insurance Calculator
These are annual estimates. Get a personalized quote to determine your costs.
The Best Home Insurance Companies in North Las Vegas
One of the main factors most homeowners look at when purchasing homeowners insurance in North Las Vegas is price. However, you should also prioritize financial stability and customer satisfaction to find the best option in the city.
Based on MoneyGeek’s findings, the best homeowners insurance companies in North Las Vegas are:
- Best Overall: Travelers
- Runner-up: American Family
MoneyGeek ranked home insurance companies in North Las Vegas by affordability, customer satisfaction and financial stability.
Travelers got perfect scores in financial stability and affordability, making it our number one pick for home insurance in North Las Vegas. Travelers is ideal for eco-conscious homeowners because the insurer offers added coverage to repair your home with green materials.
Travelers offers additional replacement cost that covers replacing your home, even if the cost exceeds your dwelling coverage. You can also add identity fraud expense coverage to your Travelers policy to get reimbursement of up to $25,000 for any costs related to restoring your identity.Read MoneyGeek's Travelers home Insurance Review
American Family ranks high for affordability in North Las Vegas, making it our second choice for the best homeowners insurance in North Las Vegas. A standard American Family policy has medical coverage for guests if they are injured on your property.
With American Family, you can choose additional coverage for damage due to an overflow of sump pump and water backup. You can also get equipment breakdown coverage, which means that if your home systems or appliances break due to electrical or mechanical failure, you’re protected.Read MoneyGeek's American Family Insurance home Insurance Review
Cheapest Home Insurance Companies in North Las Vegas for Newly Constructed Homes
Homeowners with a newly constructed home could pay significantly less for home insurance in North Las Vegas. Because newer homes use modern materials that are more damage-resistant, they cost less to replace, and the chances of a claim are lower than an older home.
In North Las Vegas, newly constructed homes cost an average of $663 per year to insure. In contrast, it costs an average of $930 per year for a home built in 2000.
The cheapest providers in North Las Vegas for homeowners insurance for newly constructed homes are:
- Travelers: $474 per year on average
- Universal North America: $498 per year on average
The Cheapest Home Insurance in North Las Vegas for New Homes, Ranked
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Cheapest Home Insurance Companies in North Las Vegas if You Have a Lot of Personal Property
One of the features of home insurance is the included coverage of personal property within your home. With MoneyGeek’s standard policy in North Las Vegas, homeowners pay around $1,008 per year for a personal property limit of $250,000. But with a $100,000 personal property coverage limit, they pay an average of $930 per year.
Based on MoneyGeek’s research, the average cheapest homeowners insurance in North Las Vegas for high personal property limits is offered by:
- Travelers: $720 per year
- Universal North America: $756 per year
Cheap Companies in North Las Vegas for Extra Personal Property Coverage
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Cheapest Home Insurance Companies in North Las Vegas for High Deductibles
How much you pay for your deductible affects your monthly premium for homeowners insurance in North Las Vegas. With a high deductible, you pay less per month but more when you file a claim. Based on MoneyGeek’s research, it costs an average of $822 per year if you have a deductible of $2,000. Meanwhile, you pay an average of $930 per year for a deductible of $1,000.
The companies that offer the average cheapest homeowners insurance in North Las Vegas with a $2,000 deductible are:
- Travelers: $588 per year
- Universal North America: $617 per year
The Cheapest Companies in North Las Vegas for High Deductibles, Ranked
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Cheapest Home Insurance Companies in North Las Vegas if You Have Poor Credit
Your credit score is a factor that insurers look at to determine home insurance quotes in North Las Vegas. Individuals with poor credit pay more than people with good or better credit. MoneyGeek found homeowners with poor credit pay an average of $1,775 per year, while those with good credit pay an average of $930 per year.
The cheapest home insurance companies, on average, in North Las Vegas for those with poor credit are:
- Country Financial: $1,095 per year
- Universal North America: $1,113 per year
The Cheapest Companies in North Las Vegas for Poor Credit, Ranked
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Getting Online Homeowners Insurance Quotes in North Las Vegas
If you’re collecting home insurance quotes in North Las Vegas, you want to gather the following details before you begin.
- Cost of home replacement: If your home is destroyed, how much will it cost to rebuild? Insurers ask for this to determine your dwelling coverage limit. It’s wise to ask for help from a construction or real estate professional.
- Personal property value: Figure out how much your belongings are worth. That determines your personal property coverage limit.
- Personal information: Gather your insurance history, how many people are in your household and your personal details.
- Property information: You need to provide the age and size of your home and any safety system information.
Homeowners Insurance in North Las Vegas Analysis: Methodology
In partnership with Quadrant, MoneyGeek examined home insurance premiums from eight companies in North Las Vegas.
Quotes were collected using homes with varying coverage levels to calculate affordability and customer satisfaction scores were drawn from J.D. Power surveys.
The sample property is a 2,500 square foot home built in 2000, with a dwelling coverage limit of $250,000, personal property coverage of $100,000 and liability coverage of $100,000. The deductible is $1,000.
To cater to different homeowner profiles, we also collected rates for homeowners with newly constructed homes, increased dwelling or personal property coverage, higher deductibles and poor credit scores.
About Mark Fitzpatrick