In a NutshellInsurers use various data points to determine the cost of car insurance, like your credit, age, vehicle and driving history. We’ve crunched the numbers for several different driver profiles to find some of the cheapest basic-coverage car insurance in Nevada.
Note from our editor: Maybe you’re searching for car insurance for the first time or want to do some insurance shopping to help lower your monthly premium? This article can serve as a starting point for your car insurance research. There are a lot of factors when it comes to the cost of car insurance, so while you may not see the exact premiums we’ve researched, they can give you an idea of some of the insurers offering the cheapest rates in your state.
Whether you’re drawn to the sights and sounds of the Las Vegas Strip or the sprawling desert landscape of Red Rock Canyon, Nevada, offers plenty of opportunity for exploration. So it’s best to make sure your ride is protected by affordable car insurance.
We calculated estimated insurance rates across Nevada insurance companies to determine average cost and which insurers offer the cheapest basic-coverage rates for several different driver needs.
Unless otherwise noted, we based our calculations on a relatively neutral driver profile (no tickets, accidents or claims, for example) and minimum coverage to evenly compare and get a baseline view of insurers’ rates (see our full methodology). Because there are several factors that affect car insurance, like your age, vehicle type, mileage and coverage options, in addition to your driving history, your individual rates may vary.
Read on to learn about Nevada’s average car insurance rates and our findings for the cheapest options for minimum coverage.
- Cost of car insurance in Nevada
- 5 cheapest car insurance companies in Nevada
- Cheapest state-minimum car insurance in Nevada
- Cheapest car insurance for good credit in Nevada
- Cheapest car insurance for poor credit in Nevada
- Cheapest car insurance for drivers with multiple claims in Nevada
- Cheapest car insurance for young drivers in Nevada
- Nevada auto insurance requirements
- Is usage-based insurance available in Nevada?
- FAQ about the cheapest car insurance rates in Nevada
Cost of car insurance in Nevada
Average monthly premiums for basic-coverage car insurance in Nevada range from just under $60 up to over $100, depending on the type of coverage and driver profile.
Average monthly auto insurance premiums in Nevada
|Driver or coverage||Avg. monthly cost|
|State-minimum car insurance in Nevada||$56.15|
|Drivers with poor credit in Nevada||$80.49|
|Drivers with multiple claims in Nevada||$119.69|
|Young drivers in Nevada||$89.39|
5 cheapest car insurance companies in Nevada
We found that Geico, Allied and Country offered the cheapest insurance rates for several different driver profiles. We used a specific Nevada driver profile (as detailed in our methodology) and minimum coverage options to calculate these rates, so you might see different rates depending on your situation. Unless otherwise noted, our Nevada driver is between 36 and 45 years old, has a credit score between 680 and 719, drives a car worth $20,000 to $30,000, and has no tickets or coverage gaps.
Your rates could be different depending on your driving characteristics. That’s why we also looked for the cheapest car insurance for drivers with different credit histories, claims, ages and coverage options. Read on to learn more.
Geico could offer our Nevada driver profile a rate as low as $31.30 per month for basic-coverage car insurance. This national insurer offers a wide range of coverage options and many opportunities to save money for safe driving habits, safety equipment and customer loyalty. Its mobile app allows users to manage their policies, pay bills, request roadside assistance and more.Read reviews of Geico auto insurance.
With Allied, our Nevada driver profile could find minimum-coverage car insurance for as little as $34.96 per month. Allied is a Nationwide insurance provider and offers a range of coverage options, including liability, medical payments, uninsured/underinsured motorist coverage, collision and comprehensive insurance. Customers work with independent agents to build a policy that fits their needs.
Our Nevada driver profile could pay around $36 per month for minimum coverage with Country auto insurance. Country’s standard insurance options includes bodily injury and property damage insurance, uninsured/underinsured motorist coverage, medical payments, collision and comprehensive coverage. Additional coverage options include new-car replacement, emergency roadside assistance, vehicle rental and trip interruption coverage, personal effects insurance and safety glass coverage.
4. State Farm
State Farm could offer our Nevada driver profile a basic car insurance policy for as low as $38.58 per month. This insurer offers collision and comprehensive insurance, plus extras like rental reimbursement, emergency roadside assistance, rideshare insurance and more. Plus, customers can save money with several available discount options, including safe-driver discounts, vehicle equipment discounts and discounts for bundling multiple vehicles or policies.Read reviews of State Farm auto insurance.
Our Nevada driver profile could also find basic car insurance through Nationwide for about $39.42 per month. Nationwide offers an impressive range of standard and additional coverage options. Highlights include roadside assistance, a vanishing deductible and accident forgiveness. Plus, drivers can save with various discount opportunities, including Nationwide’s SmartRide usage-based insurance program.Read reviews of Nationwide auto insurance.
Cheapest state-minimum insurance in Nevada
Most states set a minimum amount of coverage that drivers must carry on their vehicles. In Nevada, drivers must carry 25/50/20 insurance and could face fines or driver’s license suspension without it.
Here are the five cheapest car insurance companies for drivers seeking state-minimum coverage.
5 cheapest car insurance companies in Nevada for state-minimum coverage
Cheapest car insurance for good credit in Nevada
Your credit history is one of several factors determining car insurance costs. In general, drivers with good credit will pay less for car insurance than drivers who are considered to have poor credit.
The following companies have the lowest estimated premiums for drivers with good credit who want basic coverage.
5 cheapest car insurance companies in Nevada for those with good credit
Cheapest car insurance for poor credit in Nevada
Unfortunately, if you don’t have good credit, you may pay more for car insurance. But your credit is just one factor that determines the cost of your premium, which means there are other ways to keep costs low, like maintaining a safe driving record or seeking out other available discounts.
These five companies have the lowest estimated rates for drivers with poor credit seeking minimum coverage.
5 cheapest car insurance companies in Nevada for drivers with poor credit
|4||Mendota Insurance Company||$52.67/month|
Cheapest car insurance for drivers with multiple claims in Nevada
Another factor that affects the cost of your car insurance premium is your driving and claims history. Typically, drivers with more claims may pay more for car insurance than those with a cleaner driving record.
These five companies may offer the lowest rates for drivers in Nevada with multiple claims who are looking for minimum coverage.
5 cheapest car insurance companies in Nevada for multiple claims
|5||Capital Insurance Group||$74.75/month|
Cheapest car insurance for young drivers in Nevada
Younger drivers — and newer drivers — may also be more expensive to insure than drivers with a more established driving history. Fortunately, your rates should decrease over time as you age and build a history of safe driving.
Drivers between the ages of 18 and 21 who want minimum coverage may find the cheapest insurance with these five insurers.
5 cheapest car insurance companies in Nevada for young drivers
Nevada auto insurance requirements
Drivers in Nevada must carry a liability policy with a minimum of $25,000 per person and $50,000 per accident for bodily injury, and $20,000 for property damage. If you have a car loan or lease, your coverage responsibilities may be more extensive.
Is usage-based insurance available in Nevada?
Usage-based insurance is a type of vehicle insurance that allows customers to pay premiums based on their driving behavior. In Nevada, insurers may offer drivers the opportunity to save money on their insurance by tracking their safe driving habits through UBI programs.
FAQs about the cheapest car insurance rates in Nevada
Nevada requires a minimum 25/50/20 liability insurance policy. If you’re leasing your car or have a car loan, your liability requirements may be greater.
Even a one-day lapse in your insurance coverage could result in a minimum $250 reinstatement fee. If your lapse lasts longer than 90 days, or if you have multiple offenses, you may be responsible for steeper reinstatement fees and must carry SR-22 insurance. Three offenses within five years could result in the suspension of your driver’s license.
Nevada repealed its no-fault law in 1980 and is currently not a no-fault state.
The estimated rates in this article are the lowest estimated rates for basic coverage based on the profile of a driver age 36 to 45 living in Nevada. Unless otherwise noted, the rates displayed assume a single driver on the insurance policy with no tickets on their driving record and no claims or coverage lapses. The vehicle used in this estimate is valued between $20,000 and $30,000 and has annual mileage of 12,000 to 15,000.
Note that the rates are provided every six months by Quadrant Information Services. Quadrant Information Services doesn’t include all insurance companies in its rate data. These are estimated rates meant only to provide a frame of reference and comparison. Your rates may vary depending on various factors, such as age, vehicle driving habits and history.
The average monthly premium for full coverage car insurance includes bodily injury, property damage, uninsured motorist, personal injury protection, collision and comprehensive coverages. The average monthly premium for state-minimum car insurance includes a Nevada-mandated 25/50/20 insurance policy.
Estimated rates for insurance for good credit apply to scores of 720 and above. Estimated rates for insurance for poor credit apply to scores from 350 to 579. Estimated rates for young drivers include those age 18 to 21. Estimated rates for those with multiple claims are calculated based on two claims.