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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.
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:
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:
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:
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:
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:
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:
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:
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.
|Average Rate Category||Nevada||National Average|
|1 accident on driving record||$3.164||$3,092|
|1 speeding ticket on driving record||$2,844||$2,766|
Here are some Nevada car insurance laws all drivers should keep in mind:
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.
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:
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.
All drivers must carry at least the following Nevada auto insurance:
Nevada drivers must have at least:
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.
Drivers looking to score the cheapest car insurance in Nevada should do the following:
Drivers should also bear the following things in mind when shopping for Nevada auto insurance:
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.
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.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. The Motley Fool has a Disclosure Policy. The Author and/or The Motley Fool may have an interest in companies mentioned.
The data found on this page is a combination of publicly available quote data obtained directly from the carrier as well as insurance rate data from Quadrant Information Services. These rates were publicly sourced from the top ten (10) to fifteen (15) carrier markets, within each state, based on annual written premium and should be used for comparative purposes only -- your own quotes may be different.
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