The Best Cheap Nevada Car Insurance for 2024

How much is car insurance in Nevada? That depends on several factors, but drivers who focus their search on the cheapest car insurance in Nevada have a good chance of finding coverage that beats the state average. Here's a closer look at which companies offer the most affordable rates for various driver profiles.

• Best for typical drivers: Geico
• Best for drivers with prior accidents: State Farm
• Best for drivers with prior speeding tickets: Geico
• Best for young drivers: COUNTRY Financial
• Best for senior drivers: Geico
• Best for drivers looking for minimum coverage: Geico
• Best for drivers with poor credit: Geico

Best for typical drivers

Geico is one of the best car insurance companies in Nevada for typical drivers, charging female drivers about $1,031 per year on average and male drivers $884 per year. This is far below the state average annual premiums of $2,185 for women and $2,286 for men. These quotes are based on 35-year-old drivers with clean driving records.

Nevada drivers can also find low-cost car insurance with the following companies:

• Progressive, which has average annual premiums of $1,222 for women and $1,160 for men
• State Farm, where both male and female drivers with clean records pay about $1,433 per year on average

Best for drivers with prior accidents

Drivers with an accident on their record pay about $3,164 per year for Nevada auto insurance, on average. But those who choose State Farm only pay about $1,726 per year.

The following companies also offer affordable car insurance in Nevada for drivers with a single accident:

• Progressive, where these drivers pay about $1,841 per year on average
• Geico, which has an average annual premium of $1,858 for drivers with a single accident

Best for drivers with prior speeding tickets

One speeding ticket raises the cost of Nevada auto insurance to $2,844 on average. But once again, Geico offers these drivers a much lower rate -- about $1,296 per year.

These companies also offer cheap car insurance quotes in Nevada to drivers with a single speeding ticket:

• Progressive, where drivers with one speeding ticket pay about $1,520 per year on average
• State Farm, which charges these drivers about $1,579 per year

Best for young drivers

Teens and young drivers pay a whopping $6,999 per year for Nevada auto insurance. This is based on the profile of an 18-year-old male driver with a clean record. However, teens who go with COUNTRY Financial can pay less than half of that. The company's average annual premium for this group was just $2,600.

Teens can also find cheap car insurance in Nevada with these companies:

• Geico, which charges 18-year-old drivers about $3,527 per year on average
• State Farm, where teen drivers pay an average annual premium of $3,706

Best for senior drivers

Senior drivers pay a reasonable $2,110 per year for Nevada auto insurance, but drivers who go with Geico can beat this average by a considerable margin. They pay about $843 per year on average.

These insurers also offer affordable Nevada auto insurance to drivers 65 and up:

• Progressive, where 65-year-old drivers pay about $1,149 per year on average
• State Farm, where senior drivers pay average annual premiums of $1,328

Best for drivers looking for minimum coverage

Cheap liability car insurance in Nevada carries a price tag of about $1,099 per year, on average. But it's possible to get this same coverage for about $504 with Geico.

These Nevada auto insurance providers are also worth considering:

• Progressive, where drivers can get Nevada minimum car insurance for $630 per year
• State Farm, where state minimum coverage costs about $691 per year on average

Best for drivers with poor credit

Poor credit raises the average Nevada auto insurance premium to $3,588 per year. But once again, Geico can offer these drivers a much better rate -- about $1,840 per year on average.

These insurers also offer some of the best car insurance in Nevada for these drivers:

• Progressive, where drivers with poor credit pay about $2,139 per year on average
• COUNTRY Financial, where these drivers pay about $2,246 annually

Average car insurance cost in Nevada compared to the national average

The average cost of car insurance in Nevada is $2,870 per year. This is slightly higher than the national average of $2,646 per year. But your rates could be much different. It all depends on your driving history, location within the state, vehicle make and model, and more.

Nevada auto insurance laws

Here are some Nevada car insurance laws all drivers should keep in mind:

Nevada is an at-fault auto insurance state

Though Nevada was at one time a no-fault auto insurance state, it's currently an at-fault state. This means that rather than each driver billing their own insurance for medical costs, the driver found to be at fault in the accident pays for the medical bills of all parties involved.

Consequences for driving without insurance in Nevada

Drivers who don't have the minimum Nevada auto insurance coverage must cancel their vehicle registration and suspend their license plates. Drivers who don't do this and continue to drive could face penalties, including:

• Fines of anywhere from $250 to $1,000
• Registration reinstatement fees of up to $750
• A requirement to purchase SR-22 insurance
• Driver's license suspension of a minimum of 30 days

The penalties grow more severe the longer it's been since the driver's insurance coverage has lapsed and the more times the driver has been cited for driving uninsured.

Nevada minimum coverage requirements

All drivers must carry at least the following Nevada auto insurance:

Bodily injury liability coverage

Nevada drivers must have at least:

• $25,000 of bodily injury liability coverage per person
• $50,000 of bodily injury liability coverage per accident

Property damage liability coverage

Drivers must also have at least $20,000 in property damage liability coverage to pay for vehicles or other personal property they damage in an accident.

How to get cheap auto insurance in Nevada

Drivers looking to score the cheapest car insurance in Nevada should do the following:

• Compare quotes from several insurers. Every company weighs each component of a driver's application a little differently. Some penalize drivers for accidents or speeding tickets more severely, while others may put more weight on your zip code. The only way to know which offers you the best rates is to get car insurance quotes from several and compare them.
• Consider optional discount programs. While many insurers apply insurance discounts to qualifying drivers' premiums automatically, some require drivers to opt into a program. For example, insurers who offer a driver monitoring program often offer discounts to customers willing to install a monitoring device in their car.
• Opt for a higher deductible. A car insurance deductible is what you pay out of pocket when you file an insurance claim, while your premiums are your monthly costs. Choosing a higher deductible usually gets you lower premiums, but you have to be willing to pay a little more if you have to file a claim.

Other things to consider when looking for car insurance in Nevada

Drivers should also bear the following things in mind when shopping for Nevada auto insurance:

Over 10% of Nevada drivers are uninsured

Despite the state's hefty penalties, over 10% of Nevada drivers choose to break the law and drive without insurance. Consider adding uninsured and underinsured motorist coverage to your auto insurance policy. This protects drivers if they're hit by another driver who doesn't have insurance or who doesn't have enough to cover the full cost of the accident.

Minimum coverage won't protect your car

State minimum coverage is designed to protect other drivers from you. It doesn't offer any protection for your vehicle. Drivers interested in this coverage should think about adding collision and comprehensive coverage to their policy. Collision coverage pays for the policyholder's vehicle repairs following an accident with another car. Comprehensive coverage pays for weather damage, animal-vehicle collisions, theft, vandalism, and more.

Need Homeowners Insurance? Check out The Ascent's guide to the best Nevada homeowners insurance.