What Used Cars Are the Cheapest to Insure in Nevada?
Want to know the cheapest pre-owned vehicle to insure in Nevada? We researched insurance quotes in the state to save you the effort!
This article covers insurance basics for the state of Nevada and tips to save money on premiums. We also found the best insurance companies and answered frequently asked questions!
Nevada Cheapest Used Cars to Insure
We used a basic driver profile and 45 vehicles from the 2021 production year. We put these through an insurance quote generator and found these three pre-owned vehicles to be the most affordable to insure.
1. 2021 Forester by Subaru
The 2021 Subaru Forester is the cheapest used car to insure in Nevada. It’s a compact SUV that costs $59 for a full-coverage policy, a significant reduction against the state average of $231. Insuring the Forester with a liability-only policy costs $21.
The Forester has a superior rating from the Insurance Institute for Highway Safety (IIHS) for its front-crash prevention systems. The Subaru Forester gets 26 mpg in the city and 33 mpg when highway driving.
2. 2021 Bronco by Ford
The second cheapest used car to insure in Nevada is the 2021 Ford Bronco. The Bronco is a small SUV that costs $70 per month for full-coverage insurance, roughly 70% less than the monthly average in Nevada. Insuring the Bronco with a liability-only policy costs $24 per month.
The Ford Bronco is an IIHS Top Safety Pick+ award-winning SUV that gets 20 mpg in the city and 22 mpg on the highway.
3. 2021 CX-3 by Mazda
The third cheapest used car to insure in Nevada is the 2021 CX-3 by Mazda. The CX-3 is a four-door SUV that costs $72 a month to insure with a full-coverage plan, less than half of the cost of average insurance in the state. Opting for a liability-only policy for the Mazda CX-3 costs $26 a month.
The CX-3 is an IIHS Top Safety Pick+ SUV that gets 29 mpg in the city and 34 mpg on the highway.
The 45 Cheapest Used Vehicles to Insure in Nevada
Using 45 cars from the Insurance Institute for Highway Safety’s 2021 Top Safety Pick+ list, we collected policy estimates and ranked the cars according to the cost of their full-coverage insurance policies. We have also included the liability-only quotes for each vehicle for your comparison.
|
Year
|
Make
|
Model
|
Full Coverage
|
Liability Only
|
| 2021 | Subaru | Forester | $59.95 | $21.34 |
| 2021 | Ford | Bronco | $70.25 | $24.31 |
| 2021 | Mazda | CX-3 | $72.40 | $26.31 |
| 2021 | Subaru | Crosstrek | $73.14 | $26.61 |
| 2021 | Toyota | Highlander | $76.99 | $33.76 |
| 2021 | Honda | Insight | $77.77 | $34.76 |
| 2021 | Toyota | Camry | $79.20 | $34.96 |
| 2021 | Volvo | XC40 | $79.62 | $35.25 |
| 2021 | Honda | Accord | $79.85 | $47.74 |
| 2021 | Nissan | Rogue | $80.04 | $35.25 |
| 2021 | Subaru | Ascent | $80.11 | $30.68 |
| 2021 | Nissan | Murano | $80.95 | $35.96 |
| 2021 | Mazda | 6 | $81.78 | $35.83 |
| 2021 | Kia | K5 | $82.41 | $36.54 |
| 2021 | Toyota | Sienna | $82.99 | $36.92 |
| 2021 | Subaru | Legacy | $83.74 | $28.53 |
| 2021 | Nissan | Altima | $83.92 | $36.92 |
| 2021 | Mazda | 3 | $84.84 | $38.09 |
| 2021 | Nissan | Maxima | $85.04 | $35.83 |
| 2021 | Ford | Explorer | $87.26 | $38.85 |
| 2021 | Subaru | Forester | $159.14 | $68.04 |
| 2021 | Mazda | CX-30 | $159.54 | $68.04 |
| 2021 | Hyundai | Nexo | $168.12 | $72.92 |
| 2021 | Subaru | Outback | $171.02 | $71.54 |
| 2021 | Chevrolet | Trailblazer | $171.73 | $72.92 |
| 2021 | Mazda | CX-5 | $174.86 | $74.20 |
| 2021 | Volkswagen | ID.4 | $177.48 | $74.20 |
| 2021 | Hyundai | Palisade | $182.26 | $75.04 |
| 2021 | Acura | RDX | $182.42 | $75.04 |
| 2021 | Volvo | V60 | $189.94 | $80.73 |
| 2021 | Lexus | NX | $193.85 | $75.04 |
| 2021 | Mazda | CX-9 | $194.34 | $80.40 |
| 2021 | Acura | TLX | $194.60 | $76.42 |
| 2021 | Volvo | S60 | $196.14 | $79.10 |
| 2021 | Mitsubishi | Outlander | $202.76 | $84.32 |
| 2021 | Honda | Odyssey | $203.51 | $83.14 |
| 2021 | Chrysler | Pacifica | $204.08 | $77.70 |
| 2021 | Volvo | V90 | $205.95 | $74.41 |
| 2021 | Volvo | S90 | $210.12 | $74.41 |
| 2021 | Lexus | ES | $214.14 | $76.42 |
| 2021 | Cadillac | XT6 | $215.32 | $82.40 |
| 2021 | Lexus | IS | $223.70 | $76.42 |
| 2021 | Mercedes-Benz | C-Class | $223.80 | $77.70 |
| 2021 | Mercedes-Benz | E-Class | $241.58 | $77.70 |
| 2021 | Audi | A6 | $261.18 | $76.42 |
Full Coverage vs. Liability Insurance Costs
Liability-only coverage insurance is cheaper than full coverage because it only covers damage that you may cause, while full coverage also insures your vehicle from damage caused by outside factors, such as other drivers. Below is the average annual cost of car insurance in Nevada:
|
Full-coverage policy
|
Liability-only policy
|
| $2,779.00 | $973.00 |
The Best Nevada Car Insurance Companies
The three best automobile insurance companies in Nevada are American Family, Travelers, and Liberty Mutual.
We used Everquote to establish which car insurance companies in Nevada had a market share greater than 2%. Using those companies, we acquired figures from the National Association of Insurance Commissioners to gather a Complaint Index figure for each company and ranked them from lowest to highest.
The average Complaint Index score would be 1.0, so anything below 1.0 suggests a company with fewer complaints and happier claimants. You can see all of the rankings below:
| Insurance Company | Market Share | Percent of Total Complaints | Complaint Index |
| American Family Insurance | 3.22% | N/A | 0.58 |
| Travelers | 2.22% | N/A | 0.68 |
| Liberty Mutual | 4.94% | N/A | 1.11 |
| Farmers Insurance | 7.78% | N/A | 1.40 |
| Progressive | 11.19% | N/A | 1.40 |
| State Farm | 17.54% | N/A | 1.42 |
| Key Insurance Co. | 2.20% | N/A | 1.42 |
| Allstate Corp. | 9.36% | N/A | 1.48 |
| USAA | 6.19% | N/A | 1.73 |
| CSAA Insurance Exchange | 5.02% | N/A | 1.84 |
| Berkshire Hathaway Inc. | 15.20% | N/A | 2.56 |
*The figures in the Complaint Index column are national numbers from the National Association of Insurance Commissioners.
Tips to Lower Insurance Premiums in Nevada
Drivers in Nevada can follow these tips to maximize discounts and minimize insurance premiums:
- Choose basic plans: Choosing liability-only insurance saves money but offers less-expansive coverage.
- Boost your credit: Drivers with poor credit pay 67% more for their car insurance than the average driver. Improving your credit score can get you access to cheaper insurance premiums.
- Don’t buy straight away: Don’t buy the first policy you see. Taking the time to compare policies can give you an insight into the cheaper insurance policies available.
- Be consistent: Search for coverage plans vigilantly. Checking for new policies every six months or so can keep your premiums low in the long term.
Research Methodology
We used an in-state address to identify the cheapest used vehicles to insure to provide the most relevant and accurate data for drivers in Nevada. We applied the Nevada address with a basic driver profile to research the 45 aforementioned vehicles through an insurance quote generator.
Basic Driver Profile
- 35-year-old-male with a bachelor’s degree
- Single and employed full time
- Homeowner but did not bundle policies
- Owns the vehicle rather than leases or finances it
- Has been with the current insurance carrier for five or more years
We used vehicles on the IIHS 2021 Top Safety Pick+ 2021 list. The IIHS is an independent, nonprofit organization that collects safety data for cars on the market.
We used the following limits for liability-only quotes:
- $100,000/$300,000 liability limits
- $100,000 property damage limits
- $10,000 personal injury protection
For the full-coverage quotes, we included the following coverages with the liability selections:
- $1,000 deductible on collision coverage
- $1,000 deductible for comprehensive coverage
- $50/$1,500 rental reimbursement
- $100 roadside assistance
Frequently Asked Questions
What is the cheapest SUV to insure in Nevada?
The cheapest SUV to insure in Nevada is the 2021 Subaru Forester. It costs $59 for a full-coverage policy and $21 for a liability-only insurance policy.
Are older cars cheaper to insure?
Older cars are cheaper to insure because they’re less valuable. They also cost less to repair and replace, lowering insurance prices.
How much liability insurance is required in Nevada?
In Nevada, drivers need a policy with a minimum coverage of $25,000 for bodily injury or death per person per accident, $50,000 for bodily injury or death of two or more in a single accident, and $20,000 for injury or destruction of property in a single accident.
What is the penalty for driving without insurance in Nevada?
Nevada uses a tiered system to penalize driving without insurance in the state. For a first offense, you could be fined up to $1,250. This escalates to $1,500 and then $1,750 for repeat offenses within five years of the first offense.
The state can also suspend your license for a minimum of 30 days after three offenses. Drivers must prove they have acquired insurance to get their licenses reinstated.
What is the basic insurance for a car?
The most basic insurance for a car is liability-only insurance. It covers your car for damage caused by your driving but doesn’t cover you for theft or damage done by others. If you are leasing a car, your lender may require you to carry extra insurance, such as comprehensive collision insurance.
What car has the highest insurance rates?
Cars that cost the most to insure include supercars and luxury sports cars. The cost of manufacturing and production of these vehicles increases their insurance premiums. Vintage cars are also expensive to insure because sourcing replacement parts for them is difficult and costly.
References
- (2023.) Insurance Department of Nevada. Department of Motor Vehicles. Retrieved on April 6, 2023, from https://dmv.nv.gov/insurance.htm
- (2023.) 2021 Safety Top Picks. Insurance Institute for Highway Safety. Retrieved on April 6, 2023, from https://www.iihs.org/ratings/top-safety-picks/2021
- (2023.) Average Cost of Car Insurance in Nevada for 2023. Bankrate. Retrieved on April 10, 2023, from https://www.bankrate.com/insurance/car/average-cost-of-car-insurance-in-nevada
- (2023.) Largest Auto Insurance Companies in Nevada. Everquote. Retrieved on April 12, 2023, from https://www.everquote.com/blog/car-insurance/largest-companies-nevada/
- (2023.) NAIC Consumer Insurance Search Results. Retrieved on April 12, 2023, from https://content.naic.org/cis_refined_results.htm
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.
