Common Nevada Automotive Insurance Value for 2021 – Bankrate.com

Car insurance prices in Nevada vary on average depending on whether you are comparing minimum or fully comprehensive insurance. The average annual cost of auto insurance in Nevada is $ 860 for minimum coverage and $ 2,246 for full coverage. However, you may be able to see lower prices if you know how and where to find more competitive prices, or if you can take advantage of discounts that lower your premium.

How much does car insurance cost in Nevada?

Auto insurance prices in Nevada average between $ 860 and $ 2,246 per year, depending on the coverage chosen. Nevada averages slightly above the national averages of $ 1,674 and $ 565 for full and minimal coverage, respectively. How much does Nevada car insurance cost per month? Based on Quadrant Information Services average premiums, the minimum coverage is approximately $ 71.66 per month. With full coverage, the average is $ 187.16 per month. However, many providers offer incentives to pay your six- or twelve-month premium in full, which can lower your overall costs.

However, many factors such as location, age, vehicle value, driving consumption, and auto insurance can affect your premiums. Your rates may be higher or lower than the national average based on these and other variables.

Nevada car insurance rates by company

One of the most important ways to save on car insurance is to compare offers to find the cheapest provider. There are many auto insurance companies in Nevada to choose from. Here are the average annual rates (by market share) of the top auto insurance companies operating in the state so you can see how much rates can vary by provider.

Car insurance Average annual premium for minimum coverage Average annual premium for full coverage
AAA $ 958 $ 3,426
Allstate $ 1,010 $ 2,457
American family $ 1,009 $ 2,146
Country finance $ 719 $ 2,252
farmers $ 1,415 $ 3,369
Geico 400 dollars $ 1,116
Hallmark Financial $ 728 $ 2,053
Kemper $ 1,042 $ 2,844
key $ 2,255 $ 4,505
Kingsway $ 2,363 $ 3,069
Mercury $ 828 $ 2,131

Nevada auto insurance rates by city

The prices usually vary depending on the location, even up to your zip code. Larger metropolitan areas usually have higher rates than smaller metropolises. If you are planning to move to Las Vegas, your car insurance in the city will likely be much higher than if you were moving to Boulder City, for example. Bankrate's results show that the Winchester area, near Las Vegas, has the highest insurance rates in the state. However, your rewards are likely to differ from the averages given below.

city Average annual premium for full coverage % Difference to the state annual premium
Las Vegas $ 2,929 30%
Henderson $ 2,571 fifteen%
Reno $ 1,896 -16%
paradise $ 2,946 31%
North Las Vegas $ 2,971 32%
Sunrise Manor $ 3,090 38%
Spring valley $ 2,977 33%
Companies $ 2,809 25%
Spark $ 1,890 -16%
Carson City $ 1,736 -23%
Pahrump $ 2,164 -4%
Whitney $ 2,974 32%
Winchester $ 3,147 40%
Stand out $ 1,635 -27%
Summerlin South $ 2,846 27%
Electrolytic capacitor $ 1,655 -26%
Fernley $ 1,683 -25%
Sun Valley $ 1,917 -fifteen%
Winnemucca $ 1,633 -27%
Mesquite $ 1,876 -16%

Nevada car insurance rates by age

In addition to location and carriers, age can also have a significant impact on your premiums. Younger drivers typically pay more for coverage than older, more experienced drivers based on the perceived risk. Fortunately, if the drivers keep a clean, damage-free driving report, the premiums tend to decrease every year.

* 16 year olds will be charged according to parents' guidelines

Nevada auto insurance rates after driving record

A safe driver can usually save money on their premium in a number of ways. Quotes and deductibles with car insurance can add up. The table below shows the insurance premiums after an accident or traffic violation and shows how much your car insurance can increase. With just one ticket, you could potentially increase your rate by an average of 23%.

Driving accident Average annual full insurance premium in Nevada % Increase in the average annual premium
Traffic ticket $ 2,755 23%
accident $ 3,199 42%
DUI $ 3,892 73%

How To Save On Nevada Car Insurance

Depending on your age or where you live, there may not be much you can do about your rewards. However, there are other ways to keep prices down in Nevada:

  • Bundle home or tenant insurance with vehicle protection: If you buy your insurance policies from the same insurance company, you can usually save on both policies.
  • Focus on a clean driving shot: In Nevada, you can graduate from traffic school to fix a moving violation once a year. By taking advantage of the benefits, you can keep your records clean and potentially protect yourself from higher rewards.
  • To take a taxi: If you're planning a night on the Las Vegas Strip, the cost of a taxi is far cheaper than a DUI, especially when it comes to your insurance rates. Opting for a cab or Uber instead of driving can be an effective way of preventing a costly DUI from affecting your car insurance premium.
  • Shopping spree: To find the lowest car insurance rates in Nevada, get quotes from at least three or four companies to help you find the cheapest provider. A regular comparison of the providers can also be helpful. Switching providers for cheaper car insurance may be worthwhile as your circumstances change over time.

frequently asked Questions

How much does car insurance cost in Nevada?

The average cost of car insurance in Nevada is $ 860 per year for minimum car insurance and $ 2,246 for full insurance. However, your premium can be more or less based on variables that are unique to you.

What is the cheapest car insurance in Nevada?

Rewards listed in 2021 show that Geico has the cheapest car insurance in Nevada for minimum and full car insurance, which is one of the largest providers by market share. Geico's annual rates averaged $ 400 for minimum coverage and $ 1,116 for full coverage. However, depending on your circumstances and driving history, you may get a cheaper rate from other providers.

What is the difference between full and minimum car insurance?

The most obvious difference between minimum and full coverage is the price – full auto insurance is significantly more expensive because you get a much higher level of financial protection.

The minimum sum insured usually only includes the minimum liability insurance required by the state that covers damage and injuries to other people in the event of an accident. In addition to collision and fully comprehensive insurance, fully comprehensive insurance also includes liability protection, which extends financial coverage to you and your property in the event of damage. When you lease a vehicle or plan to finance a car, the lender usually requires full auto insurance.

methodology

Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and airlines in all 50 states and Washington, DC. The tariffs given are based on a 40-year-old driver and a 40-year-old female driver with a clean driving record, good credit rating and the following complete information on coverage limits:

  • $ 100,000 personal injury liability per person
  • $ 300,000 personal injury liability per accident
  • $ 50,000 property damage liability per accident
  • US $ 100,000 uninsured driver injury per person
  • US $ 300,000 uninsured driver injury per accident
  • $ 500 collision deduction
  • $ 500 comprehensive deductible

To set the minimum coverage limits, Bankrate used minimum coverage limits that meet the requirements of each state. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles a year.

Age: The rates were calculated by evaluating our base profile with the age of 18 to 60 years (base: 40 years).

Incident: Rates were calculated by evaluating our base profile based on the following incidents: clean record (base), accident due to a mistake, single ticket, one-time DUI conviction, and expiration of coverage.

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