Cheap Auto Insurance in Nevada 2022

Car Insurance in Nevada

Nevada drivers face some of the most expensive premiums in the country. With an average rate of $433 per month, Nevada ranks as the third-priciest state for buying car insurance, based on Insurify data. On average, Nevadans pay $200 more than the national average rate of $233 per month. 

The high average rate makes it even more important for Nevada drivers to find cheap car insurance by shopping around and comparing quotes from multiple auto insurers. 

With a largely semiarid climate, extensive mountain ranges, and large swaths of desert, Nevada is one of the least populated states in the country.^[1]

Cheapest Car Insurance in Nevada

Some Nevada car insurance companies offer better rates than others. The best way to find the cheapest premium for you is to compare customized quotes with Insurify. But if you’re curious about what different auto insurance companies in Nevada are charging, you can find the average monthly cost across hundreds of drivers below.

See More: Car Insurance Quotes

Cheapest Liability Auto Insurance in Nevada

A minimum coverage auto insurance policy in Nevada will provide $25,000 per person and $50,000 per accident in bodily injury liability coverage along with $20,000 per accident in property damage liability insurance. Keep in mind that state minimum insurance won’t cover damages to your vehicle in an accident you cause.

If you choose to purchase only the minimum coverage that meets Nevada car insurance requirements, you could be left vulnerable to high costs later on. But you’ll pay much lower auto insurance rates than if you were to purchase a full-coverage policy. Below are the average rates you can expect for liability insurance at each company.

Cheapest Full-Coverage Auto Insurance in Nevada

For most people, it’s wise to have a full-coverage car insurance policy. A full-coverage policy includes comprehensive and collision coverage. While adding these coverages may increase your rate, you’ll be thankful you had them if you ever cause an accident. Here’s what you can expect to pay in Nevada, on average, for a full-coverage insurance policy:

Best cheap car insurance in Nevada: Travelers

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Travelers

Best Cheap Car Insurance in Nevada

Each insurance company considers your driving record, personal details, and risk factors differently, which leads to a wide range in rates. Nevada drivers, for instance, pay average monthly rates as low as $224 with Travelers and as high as $518 with Dairyland. Explore the table below to see the best cheap quotes from top insurers in the state.

Learn More: Best Car Insurance Companies

Insurify Composite Score (ICS)

To calculate the Insurify Composite Score, a proprietary rating, Insurify data scientists weigh multiple factors that reflect the quality, reliability, and health of an insurance company.

Inputs to the score include J.D. Power ratings, Consumer Reports customer satisfaction surveys and customer complaints, mobile app reviews, user-generated company reviews, and financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch.

What to know about minimum car insurance requirements in Nevada

Uninsured and underinsured motorist coverage pays for costs caused by a driver with little or no insurance after a car accident. While Nevada requires this level of coverage , drivers can increase their coverage by contacting their insurance company.

Nevada requires insurance for all motor vehicles operated or parked on state roadways. You’ll also need to carry proof of insurance in your car at all times and have it available when:

• Requested by law enforcement

• Renewing vehicle registration

• The vehicle is involved in a car accident

The minimum liability insurance requirements for private passenger vehicles in Nevada^[2] are:

• $25,000 per person for bodily injury and $50,000 per accident for bodily injury: As a major part of your liability insurance, bodily injury coverage covers medical bills for people other than the policyholder who are injured during an accident. Nevada is an at-fault state, meaning the driver who’s responsible for the collision is also responsible for paying for any resulting expenses, either through their car insurance provider or out of pocket.

• $20,000 per accident for property damage: If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident.

Nevada DMV information

The Nevada Department of Motor Vehicles offers many services that can be completed online once you sign up for MyDMV, including driver’s license and registration renewals.^[3] If you’re a new resident or need to register your vehicle, you can also visit one of Nevada’s DMV office locations. Note that you’ll need an appointment at some locations.

Public transportation in Nevada

The four NDOT Metropolitan Planning Organizations in the state offer transit service throughout Las Vegas, Reno, Carson City, and Lake Tahoe Basin.^[4] In small urbanized and rural areas, local public bodies typically provide transit services, which may be more difficult for residents to access. Only about 3% of Nevada residents use public transportation to commute.^[5]

Tips for getting cheap car insurance in Nevada

Insurance companies take a lot of information into account, including your age and driving record, when determining premiums. Since each insurance company looks at these risk factors differently, shopping around to compare multiple quotes offers a useful way to find the best rates for your situation. Compare quotes to find the right policy for your situation.

You can also take some other steps to lower your car insurance costs, including:

• Consider bundling your home and car insurance. Many companies offer discounts if you buy both types of policies from them.

• Practice safe driving habits. Avoid speeding, hard braking and hard starting.

Look into discounts. Check with your insurance company to see if you qualify for discounts like a good driver or good student discount.

Liability-only vs. full-coverage insurance in Nevada

If you live in Nevada, you can opt to carry liability-only auto insurance, which pays for expenses related to injuries and damage to the other party’s car if you cause an accident. Each state sets its own minimums for how much liability insurance it requires drivers to carry. Liability-only insurance can make sense if:

• You have a low-value vehicle.

• You can afford to repair or replace your car out of your own pocket.

• Getting the cheapest insurance possible is your top priority.

For a higher level of protection, you can choose full-coverage insurance, which includes basic liability plus collision and comprehensive coverage. Collision coverage pays for damages to your car, even if you’re at fault for an accident. Comprehensive pays for damages caused by events out of your control, like vandalism, weather, and animals. Typically, auto lenders and leasing companies require drivers to carry full coverage on a car they’ve financed.

You may also opt for full coverage if:

• You have a high-value vehicle.

• You wouldn’t be able to afford to repair or replace your car out of pocket.

• Your car’s actual cash value (the payout you’d likely get if your car is totaled) exceeds your annual premium to carry full coverage.

Here’s a look at the cheapest auto insurance in Nevada by policy type.

How your driving history affects Nevada car insurance rates

Your driving history is the factor that most influences your car insurance costs. Good drivers with records free of serious traffic violations like speeding tickets or reckless driving tend to get the best car insurance rates in Nevada. But infractions like driving under the influence or at-fault accidents can significantly increase insurance costs.

Here’s a look at average monthly quotes for the cheapest car insurance in Nevada based on driving and accident history.

See More: High-Risk Car Insurance Nevada

See More: SR-22 Car Insurance Nevada

SR-22 insurance in Nevada

If your license was suspended after a DUI or other conviction in Nevada, a completed SR-22 form will be required to reinstate your driver’s license.^[6] Your insurer will file the SR-22 with the Nevada Department of Motor Vehicles as proof of financial responsibility. Find some of the insurance providers in Nevada offering SR-22s below.

How credit scores affect Nevada car insurance quotes

In Nevada, car insurance companies can use your credit score when deciding on your premiums. Generally, people with excellent or good credit scores can qualify for lower car insurance premiums than people with average or poor credit scores.

See More: Bad Credit Car Insurance Nevada

How your city affects Nevada insurance quotes

Nevada auto insurance rates vary based on where you live in the state because factors like average commuting times, population, crime rates, and more are tied to your location. Typically, drivers in urban environments pay more than those in rural areas. In Nevada, drivers living in Las Vegas and North Las Vegas pay the highest rates.

How your age affects Nevada car insurance rates

Because insurers generally equate age with experience level, your age will significantly affect how much you pay for car insurance. New drivers, who tend to be teens or people in their early 20s, typically pay more for insurance than drivers 25 and older.

The following table gives a high-level view of how age can affect insurance rates.

Quotes for younger drivers

Multiple other factors influence how much drivers in each age group will pay for car insurance. Some will increase rates for one age group more than another, while others will impact all age groups evenly.

The following table compares how different insurance factors affect average monthly rates for drivers younger than 30. Though auto insurers consider other factors in addition to age in Nevada, teenagers and drivers under the age of 25 pay the highest average rates for car insurance in the state by age group. The cheapest monthly quotes for young drivers purchasing full-coverage insurance include $250 with Sun Coast and $275 with Travelers.

Quotes for middle-aged drivers

The following table compares how different insurance factors affect average monthly rates for drivers between 30 and 59. Based on Insurify data, middle-aged drivers in Nevada spend between $387 and $410 per month. Liability-only car insurance quotes for this group of drivers start at $128 per month with Kemper and Sun Coast. Other affordable coverage options include Midvale Home & Auto, Safeco, and Travelers.

Quotes for senior drivers

The following table compares how different insurance factors affect average monthly rates for drivers 59 and older. By age group, senior drivers tend to earn the lowest car insurance rates in Nevada. Full-coverage car insurance quotes start at $184 with Mercury and $186 with Travelers. The lowest monthly rates for liability-only insurance come from Sun Coast at $150, $177 with Travelers, and $178 with Nationwide.

Nevada car insurance FAQs