There is a lot happening on Nevada’s roads with more than 2,000,000 licensed drivers, and 2.5 million registered cars. An auto insurance policy can help you protect your finances. It is also a wise financial decision. Nevada drivers pay an annual average of $860 for minimum coverage, and $2,245 for full coverage. This is well above the national average.
You might be looking for the cheapest vehicle insurance in Nevada because the average premiums are more expensive than the national average. Bankrate’s editorial team for insurance has looked at average premiums of the top Nevada insurance companies based on market share. This data was analyzed, taking into account discounts, coverages and third-party rankings to help you choose the right insurance company.
Nevada has the cheapest car insurance
It may be difficult to find cheap Nevada car insurance. The state’s average premiums is higher than the national average. The following companies may offer the best deals on auto insurance in Nevada:
Geico
Geico offers the lowest average minimum and full coverage car insurance premiums for Nevada. These low premiums may be due to Geico’s large range of discounts. There are some ways to save, such as if you’re a federal employee or a military member, or if your vehicle has certain safety features.
Geico may be the right company for you if you’re looking for strong digital tools. Geico’s smartphone application is highly-rated on Google Play and the App Store. It allows you to view ID cards, make policy changes, pay bills and file claims. Geico was tied for first in 2020 J.D. The Southwest region’s Power U.S. Auto Insurance Study showed that customers are generally satisfied by its customer service.
Progressive
Progressive has low rates and a variety of optional coverages to help you tailor your policy to meet your needs. You might consider adding ridesharing coverage, loan/lease payment, custom parts and equipment coverage, roadside assistance, or loan/lease payoff depending on your needs.
There are many ways to reduce your premium. These include discounts for continuous insurance policies, paid-in full policies, online policies and good students. Progressive’s Snapshot tool may help you save even more money. It is based on your driving habits and could reward you with savings.
State Farm
State Farm may be an option for you if your preference is to work with local agents. State Farm has a network that includes local agents throughout Nevada. These agents may have a greater understanding of Nevada’s unique car insurance requirements because they are local. The company also received an above-industry-average score in the 2020 J.D. Power U.S. Auto Claims satisfaction Study. This could indicate that State Farm’s claims services are usually satisfactory.
State Farm offers many optional coverages such as ridesharing, emergency road service, and rental reimbursement. There may be discounts available, such as multi-policy multi-car, accident-free driving, vehicle safety discounts and multi-car multi-car coverage. State Farm offers two safe driver programs: Drive Safe & Save for adults, and Steer Clear to drivers under 25. These programs can help you save money as well as teach safer driving habits.
USAA
USAA has been a long-standing provider of excellent customer service for veterans. USAA offers coverage at a lower price than Nevada’s average, even though its average premiums may not be the lowest on our list. Your auto policy may allow you to add optional protections such as rental reimbursement, roadside assistance and accident forgiveness.
USAA is not eligible to be ranked with J.D. Due to its eligibility restrictions Power received the highest number points in 2020 J.D. The Southwest region of Power U.S. Auto Insurance Study. USAA has lower premiums than other insurance companies. They also offer discounts for those who are deployed, such as saving money on auto insurance and garaging their vehicle at a military base.
AAA
AAA might be associated with roadside assistance. However, the company offers a variety of insurance products including auto. Even though the minimum and full coverage premiums for AAA are more expensive than Nevada’s, it is worth getting a quote. AAA members may be eligible for additional benefits, such as discounts on repairs or 24/7 roadside assistance. AAA claims that motorists can save on average $376 by switching to coverage.
AAA may allow you to add coverages such as gap insurance, new car protection and rental reimbursement. However, the CSAA Insurance Group did earn a below-industry-average customer service ranking from J.D. The Southwest region is a powerhouse.
Affordable coverage for Nevada drivers
Like drivers in other states drivers, Nevada drivers must maintain a minimum amount liability car insurance. This includes the following:
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- Property damage up to $20,000
Sometimes, you will have to pay the lowest rates if you choose minimum coverage. Although some car insurance is better than none, insurance professionals recommend you buy higher liability limits to increase your protection. You are responsible for any injuries or damages you cause by an accident. You may have to pay the bills if your insurance limits are not sufficient.
Also, minimum coverage does NOT include collision or comprehensive coverages that provide protection for your vehicle in the event of damage. These options can be added to your coverage, thereby ensuring that you have full coverage. Your lender may require that you carry full coverage if you have a loan, lease, or other financial obligation. You may be required to choose between a deductible or limit of liability by your lender.
How to Get Nevada Car Insurance at a Cheap Price
Even though car insurance in Nevada is more expensive than in the rest of the country, there are steps you could take to ensure you’re paying a fair price. You might consider these steps if you’re looking for Nevada cheap car insurance.
- Compare rates: Each company rates policies differently. This means that the lowest-priced company may not be the best for you. You might find a lower premium if you get quotes from multiple companies for the same coverage.
- Credit score is a key factor in car insurance premium. Low credit drivers tend to file more claims HTML than those with better credit. Insurance companies will charge higher premiums to compensate for this risk. Your credit score can help lower your car insurance premium.
- Your deductible can be increased: Full coverage policies have two deductibles. One for collision, one for comprehensive. If you file a claim to repair damage to your vehicle, your deductible will be the amount you pay out-of-pocket. Your premium could be reduced by increasing one or both of the deductibles. If you have to file a claim, make sure that you select a amount you can afford.
These tips are not the only way to save money on your car insurance. Online discounts can be viewed easily, and you can also speak to an agent to identify savings opportunities.
Questions frequently asked
Which Nevada insurance policy is best?
Your individual rating and the features you want in a company will determine which car insurance is best in Nevada. When you’re looking for car insurance, the first thing you should do is make a list. To find the best price, you can request quotes from multiple companies.
What is the average cost for car insurance in the United States?
The average cost for car insurance in the U.S.A is $565 per annum for minimum coverage. Full coverage policies average $1,674 annually. Nevada is more costly than the national average. It costs $860 per year for minimum coverage, and $2,245 to get full coverage.
How can I obtain Nevada car insurance?
It is easy to purchase car insurance. You can get quotes online from many companies, or call or visit an agency in your area to obtain a quote. It is necessary to provide basic information such as your address and an idea about the coverage you want. However, you can consult an agent to help you determine the best level of coverage. Also, you will need the driver’s license number and name of each driver who needs to be rated.
