Car insurance is a must-have for Nevada drivers, but that doesn’t mean you can’t find coverage to meet your budget and your needs. With the range of insurance providers and coverage packages out there, it can be tough to figure out which one’s the best for you. That’s why we created this guide on the best insurance in Nevada to help you navigate your options so you can get the coverage you need.
Cheapest Auto Insurance Based On Credit Score
The cost of auto insurance for drivers in Nevada can vary based on credit score. A driver with a good credit score may have a lower cost of insurance, which is why having a good credit score is so important. Most major auto insurer checks customers’ credit when determining their auto insurance pricing. Here are some insurance companies and their average annual coverage prices based on FICO credit scores:
Excellent Credit
Nevada drivers with a FICO score of 800+ usually get these average annual rates:
- GEICO: $813
- USAA: $1,207
- Mid-Century: $1,215
Good Credit
Nevada drivers with a FICO score of 670-739 can receive these average annual rates:
- GEICO: $961
- USAA: $1,383
- Mid-Century: $1,500
Poor Credit
Nevada drivers with a FICO score of 300-579 may earn these average annual rates:
- GEICO: $1,418
- USAA: $2,406
- Mid-Century: $2,779
Cheapest Auto Insurance For Young Drivers
Generally, young drivers pay higher insurance rates. Young drivers lack experience, meaning they’re more likely to get in accidents or to get a ticket. Because of this, insurers often have higher rates for young drivers. While auto insurance rates for young drivers may vary, here are some average annual rates Nevada drivers can expect:
- GEICO: $1,469
- USAA: $2,003
- Progressive: $2,119
- State Farm: $2,134
Cheapest Full Coverage Auto Insurance In Nevada
Full coverage auto insurance is the most comprehensive coverage for drivers, typically including collision protection, liability protection, and more. Since this type of insurance covers so much, it comes with a higher price tag. Here are some of the cheapest full coverage auto insurance rates drivers in Nevada can find:
- USAA: $939
- GEICO: $1,083
- Travelers: $1,389
- State Farm: $1,865
Best Auto Insurance For Drivers With No Accidents
If you’re at least 25 years old and have no accidents, you may be qualified for cheaper rates. Having a clean record typically means that you’re a safe driver, so insurers are more willing to lower their policy costs for you. Here are some average annual insurance premiums if you’re a Nevada driver with no accidents:
- Root: $1,704
- AAA: $1,800
- Esurance: $1,956
- GEICO: $2,028
Best Auto Insurance For Drivers With Few Accidents
Sometimes car accidents just happen, but having them on your record can make your insurance premium more expensive. As a Nevada driver who’s been in one or more accidents, you may want to review different companies’ rates to find the best auto insurance for you, such as:
- GEICO: $2,136
- Esurance: $2,160
- Progressive: $2,556
- Allstate: $2,712
Best Auto Insurance For Drivers With A Recent Accident
Nevada drivers who were in a recent accident may have to pay much higher car insurance premiums. With a recent accident, insurers generally view you as a high-risk driver, so they increase their car insurance rates. You may want to choose a car insurer that has the lowest annual rates for drivers who recently got in an accident, like:
- USAA: $1,855
- State Farm: $1,895
- Progressive: $2,426
- GEICO: $2,927
Best Auto Insurance For Drivers With A Speeding Ticket
When you’re in a rush, you may receive a speeding ticket. This traffic violation can greatly increase car insurance rates. If you get a speeding ticket, it may be beneficial to review different car insurance companies to determine which one has the best rates. Changing your policy during a renewal period can save you money when you get a speeding ticket. Check out these average annual rates:
- State Farm: $1,519
- GEICO: $1,662
- USAA: $1,707
- Country: $2,100
What Is The State Minimum Insurance Requirements In Nevada?
In Nevada, it’s a requirement to hold liability car insurance. This protects you from damage or injuries you cause to others in case of a car accident. Liability insurance also covers some of your legal defenses up to the company’s policy limits if someone sues you due to an accident. Nevada drivers must have liability insurance limits of:
- $25,000 for bodily injury of one person
- $50,000 for bodily insurance for each accident
- $20,000 for property damage in one accident
What Are Some Auto Insurance Discounts In Nevada?
In Nevada, auto insurance companies must provide a minimum of two types of car insurance discounts. While this is the minimum, most companies have several discounts to make your car insurance more affordable. Here are some common auto insurance discounts in Nevada:
- Safety features: If your car has common safety features, such as airbags or anti-lock brakes, you may qualify for discounts on auto insurance rates.
- Early signing: Some insurers offer discounts to customers who sign auto insurance policies a few weeks early.
- Elderly drivers: Generally, drivers in Nevada over the age of 55 are qualified for a car insurance discount as long as they take a safety driving course to stay updated on traffic rules.
What Are The Penalties For Driving Without Auto Insurance In Nevada?
Since auto insurance is a requirement for drivers in Nevada, you may face some consequences if authorities discover that you’re not covered. If you don’t have proof of car insurance, you may receive a fine between $250 and $1,000. Additionally, you could have your registration suspended. Therefore, it’s essential to get car insurance before getting on the road.
After reading this overview, you should be able to decide which auto insurance is best for you in the state of Nevada. Choosing the proper car insurance can help save you money while getting the best coverage for your driving needs. If you have any further questions, keep reading the resources in the blog section.
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.
