You Can Find The Cheapest Car Insurance in Nevada With The Help of Insurance Navy
Nevada is one of the United State’s foremost desert destinations for tourists, especially with such cities as Vegas and Reno. Despite having some of the largest incorporated cities in the country, Nevada doesn’t boast much when it comes to population size.
When it comes to cars and auto, Nevada is no small potato with events like the National Automotive Museum and Vegas Speedway. Manufacturing is another strong suit the state has. So, the main question is, how is car insurance in the state of Nevada? What is the average cost?
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While it depends on the exact location, car insurance in Nevada tends to be in line with the national average. Some drivers in certain towns are able to find lower rates while others in more populated cities like Las Vegas pay more.
Finding affordable and even cheap car insurance is all a matter of looking hard enough. Several local and national insurance providers have set up shop and operation in Nevada, so you have a diverse set of coverage options.
The following is a guide on how you can take advantage of these car insurance options and find the best insurance rates and coverage that fits your budget and prioritizes savings.
Car Insurance Requirements For Drivers in Nevada
The General Things to Know About Car Insurance in Nevada
Much like several states, car insurance is required in some basic form in the state of Nevada. This is the general liability coverage which will be discussed in the next section.
States will have minimum requirements for this type of car insurance, and Nevada is no exception. Not carrying at least the required car insurance in Nevada can result in penalties –some of which can compromise your privilege and right to drive. Some of these can also end up costing you. Car insurance companies everywhere compete for the best quotes in town.
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The Minimum Requirements For Car Insurance in Nevada
Drivers in Nevada are required to carry at least the following coverage amounts for general liability car insurance:
- Bodily injury liability: $25,000 per person
- Bodily injury liability: $50,000 per accident
- Property damage liability: $20,000 per accident
These coverages insure you for damages and injuries you cause to another driver. Being financially in charge of damages you cause is a legal obligation which makes car insurance such as this more than a necessity. It’s also recommended that drivers carry far more than the minimum amounts of coverage as well –the minimum amount of coverage is often not enough to fully cover a claim should one be filed. The exact amount of coverage that drivers carry depends on personal and car factors.
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Car Insurance Coverage That is Optional
You may be wondering about the car insurance products that cover yourself and your car in at-fault accidents. These coverages are always available as add-ons to your basic car insurance policy for fuller and more in-depth coverage. These coverages include:
- Comprehensive car insurance
- Collision car insurance
- Gap insurance
- Personal injury protection (PIP) insurance
- Roadside assistance insurance
- Rental car reimbursement and insurance
- Uninsured/underinsured motorist insurance
How You Can be Penalized For Driving in Nevada Without Car Insurance
Fines for not carrying the proper amount of car insurance in Nevada are just the tip of the penalty iceberg. Not carrying at least the basic car insurance while not having proof of it on hand can result in the following consequences based on the number of offenses:
- First-time violators are typically penalized with fines up to $1,000 depending on how long they have been driving without car insurance. For those without insurance for less than 90 days, their driver’s license would be suspended until standard proof of car insurance is provided. Drivers without insurance for more than 90 days will have to file an SR-22 in order to get car insurance for three years. A reinstatement fee for your driver’s license would be around $251 in this case.
- Second-time violators are still subject to fines up to $1,000 depending on how long they have been without car insurance, with $500 being the lowest. Still, if the driver has been without car insurance for more than 90 days, they will be required to file an SR-22 in order to get auto coverage. The reinstatement fee for a suspended driver’s license is increased to $501.
- Third-time violators are subject to similar fines of up to $1,000, with $500 being the minimum for drivers driving uninsured for more than one month as opposed to 90 days. Driver’s licenses are suspended for a specific period of time even if SR-22 and proof of auto insurance are provided. The reinstatement fee is raised to $751 –again, this is an entirely different charge than the fine itself.
Cheap Car Insurance in Nevada For Basic Coverage
The most important part of getting auto insurance is shopping for it because you have several options when it comes to rates and providers. Of course, the cheapest car insurance policy is just the required liability coverage and uses add-ons sparingly. Still, you may be able to find affordable full auto insurance with enough shopping.
How Much Car Insurance Costs in Nevada
The exact amount that you will spend on car insurance in Nevada depends on a variety of personal factors. It’s not often when drivers pay the exact same amount for auto coverage.
The average cost for auto insurance in Nevada is around $95 per month or $1,138 annually. This is just for basic coverage –full coverage in Nevada tends to cost around $2,636 annually or $220 monthly on average.
Factors That Determine How Much You Will Pay For Car Insurance
As previously mentioned, the cost of car insurance is a deeply personal thing. The following factors regarding yourself and your vehicle will play into the car insurance quoting process as insurance companies pay close attention to the following:
- Make and model of car
- Driving history and habits
- Zip code
- Marital status
- Where you store your car
- Listed sex on driver’s license
- Credit score
All these factors are indications of your driving risk, car risk, and reliability in making monthly payments. Insurance companies can’t discriminate based on these factors, but some may have quoting bias against them. Naturally, someone with a lower credit score would pay more for car insurance than someone with a higher credit score.
Why Age Impacts Your Auto Insurance Rates
Age is one of the foremost indicators of a driver’s risk. Younger drivers often have the least amount of driving experience and history and, thus, pay the most for car insurance.
Drivers ages 16 to 25 are known to pay up to ten times the average cost of car insurance regardless of state. While discounts are possible for some things in the world of auto insurance, circumstances like age simply can’t be helped.
At the age of 26, car insurance rates begin to average out. The best a young driver can do during this time is to maintain safe driving habits and avoid insurance claims. Senior citizens 65 and up experience a rise in premiums. This is the case for drivers in Nevada as it is for the rest of the drivers in the United States. In order to offset the expensive new driver rates, parents will often put their teen drivers on their own insurance policies.
How Young Drivers Can Find Cheaper Car Insurance in Nevada
Data from insurance providers operating in Nevada shows that young, relatively new 18-year-old drivers pay anywhere from $7,670 annually to even over $10,000 for car insurance –and this would just be for basic coverage. As you can imagine, car insurance premiums for 16-year-old drivers are much higher.
Finding cheap car insurance for new drivers isn’t impossible, but keep in mind that it will be cheap to new driver standards. Insurance Navy is known for doing all the competitive comparing of local and national Nevada rates for old and new drivers alike with cheaper coverage.
How Your Zipcode Influences Your Car Insurance Cost
Something as basic as your Nevada zip code can be very telling of the area of the state you live in. Such information that can be gathered from it is population, traffic, and crime rates.
Cities in Nevada, such as Las Vegas and Reno, have the highest car insurance rates due to factors such as these.
How Drivers With At-Fault Accidents on Their Records Can Find Cheap Car Insurance
At-fault accidents increase your auto insurance rates by around 45% to 47%, depending on if you caused injuries. At the same time, the state of Nevada doesn’t raise insurance rates if the accident is not your fault and you file a collision claim, for example.
Insurance providers like Insurance Navy offer accident forgiveness for first-time at-fault collisions, so rates don’t change afterward.
Cheaper Car Insurance is Possible For Drivers With Subpar Credit
Your credit score can be very telling of how reliable you are when it comes to making monthly payments. Car insurance is all about making your payments on time, and insurance providers often create their own credit scores to assess risks.
There is also a known correlation between drivers with subpar credit and filing claims more than the average driver. This is another aspect insurance companies on the lookout for. Still, cheap car insurance for drivers still working on improving their credit is obtainable through Insurance Navy.
Married Couples in Nevada And Cheap Auto Insurance
Studies and data have shown married couples tend to be safer drivers than single drivers and make less risky maneuvers while out on the road.
Because of this, married couples do pay slightly less for car insurance. This small reduction in rates opens the door for even more affordability when it comes to insurance products in general and not just auto insurance.
Vehicles That Get The Cheapest Car Insurance in Nevada
The make and model of the car you are insuring plays a significant role in determining how much you will pay for its insurance. Older and standard vehicles with high safety ratings are some of the most affordable cars in an insurance sense. Newer, more luxurious, and technologically advanced cars cost more to insure.
This is why flashy sports cars cost a lot to insure. Insurance providers will have to pay a lot in order to cover repairs and especially replacements. Even so, Insurance Navy offers a quoting process that prioritizes savings and offers several discounts that drivers of Nevada can qualify for in order to get the cheapest rates for their sports or luxury vehicles.
How Car Insurance Companies Quote Drivers Based on How Much They Drive
How much you drive will influence your car insurance cost. After all, you’re always at risk of an accident when you are in your car. According to data, the average driver drives around 14,263 miles every year.
Drivers who record over 20,000 miles every year are estimated to pay up to 5% more than those that don’t drive as much. If you regularly drive to and from work between the suburbs and the city may find yourself driving more with higher car insurance rates.
Your Driving Record And Ability to Get Affordable Car Insurance
It goes without saying that car insurance companies will naturally look at your driving record to assess your risk as a driver. It’s not just serious traffic violations, but even the ones that seem minor, like tickets that can affect your car insurance rates and ability to get affordable coverage.
Car Insurance Rates Increase by Traffic Violation in Nevada.
- Each comprehensive car insurance claim increases your rates by about 1%.
- Not-at-fault accidents can also raise your car insurance rates by 1%.
- A speeding ticket can increase your auto insurance rates by 20%.
- A distracted driving citation can increase your rates by 2%.
- An at-fault accident can increase premiums by 48%.
- Street racing will increase your car insurance premiums by 49%.
- A reckless driving charge will result in a 62% increase in your auto premiums.
- An SR-22 requirement for a driver after a serious violation like a DUI can more than double your current car insurance rates.
*Please note that the listed increases are more or fewer averages and not the exact amount your auto premium may increase after a traffic violation or accident. How much your rates will increase will depend on your insurance provider in Nevada.
Finding The Cheapest Car Insurance in Nevada After a DUI
Like several other states, Nevada has firm laws and consequences regarding driving under the influence of alcohol. A DUI is not only the result of dangerous and preventative activity but also devastating when it comes to legal and auto insurance consequences.
A DUI can result in jail time, fines, and driver’s license suspension, depending on the offense. In Nevada, a DUI violation can remain on your driving record for up to 10 years. With a mark and risk like that, finding low-cost auto insurance can be difficult –let alone finding coverage for the average cost.
Insurance Navy proudly offers access to more budget-friendly rates for drivers in Nevada with a violation like a DUI. While drivers in these scenarios don’t pay for the cheapest car insurance, it shouldn’t be out of the question for drivers to overpay for auto insurance as they work to become safer drivers.
Such cities in Nevada, like Las Vegas and Reno, rely on drivers for several services. High rates shouldn’t put them out of business.
SR-22s in Nevada
Drivers in Nevada with a DUI or series of at-fault accidents will be required by the state DMV to carry what is known as SR-22 insurance along with their standard auto insurance.
An SR-22 isn’t insurance coverage in itself but rather a certification that you, as a high-risk driver, carry auto insurance in accordance with the requirements of Nevada. Insurance Navy provides SR-22 services and helps properly file and maintain them for a period of three years.
Finding The Cheapest Rates For Nevada Drivers With Speeding Tickets And Violations
For several drivers in Nevada, a 20% increase in their auto insurance rates can seem like a lot after a speeding ticket. Drivers with a major speeding violation will typically have three to five years before premiums return to average.
However, speeding violations aren’t the end of the world, and Insurance Navy can help you with car insurance quotes that prioritize savings.
Car Insurance Costs by Cities in Nevada
As elaborated on before, where you live in Nevada will absolutely influence the cost of insurance. Big cities with more traffic and drivers will have higher auto insurance rates than towns and villages in rural Nevada.
Average Cost of Car Insurance in Cities in Nevada
- Fernley - $1,365 annually
- Dayton - $1,401 annually
- Spring Creek - $1,429 annually
- Sun Valley - $1,579 annually
- Reno - $1,580 annually
- Boulder City - $1,795 annually
- North Las Vegas - $2,267
- Henderson - $2,113 annually
- Las Vegas - $2,343 annually
- Spring Valley - $2,465 annually
- Winchester - $2,584 annually
Trends in Car Insurance Quotes in Nevada
As you can see from the annual local rates, Nevada car insurance tends to be averagely priced at around $1,674 annually. Some of the cheapest in the state tend to be priced between $860 to $1,138.
Nevada car insurance quotes tend to be more in line with the national average cost of $1,483 for several residents not living in the larger metropolitan areas. That gives Insurance Navy the chance to be extremely competitive with its quotes and underwriting process.
Nevada has experienced an increase of $24 within the last year. The cheapest rates can be found in the town of Fallon, and the most pricey is in Winchester, where a portion of Las Vegas is located.
Cities in Nevada With The Lowest Car Insurance Premiums
Fallon has the lowest annual car insurance rates in Nevada at $936 for basic coverage. With a population of less than 10,000, this county seat in the Lahontan Valley is also subject to easygoing traffic. Other towns in Nevada with coverage rates comparable to Fallon include Carson City, Winnemucca, and Lovelock.
More Cities in Nevada With Low Car Insurance Costs
Other cities in Nevada where car insurance companies often price lower are the more rural towns and villages. However, that doesn’t mean that the bigger cities have a shot at the cheapest premiums. These include:
- Carson City
- Boulder City
- North Las Vegas
How Insurance Navy Will Get You Low-Cost Nevada Car Insurance
The Insurance Navy Quoting Process
The quest for the cheapest insurance is a tedious one with the amount of shopping and comparing you will have to do. There are several local and national insurance companies across Nevada, and digging through them to find the best rates is a lengthy chore. Let Insurance Navy be your guide and handle all the comparisons of local and national rates for you. We’ll connect any driver in any Nevada town or city to the coverage of best value to you regardless of such things as bad credit, SR-22 requirements, and assessed risk.
How You Personally Affect The Cost of Your Car Insurance
Most of the factors that play into how much you pay for auto coverage are purely circumstantial and can’t be helped. However, safe driving and careful management of your coverage can help you save. Here are other things that Insurance Navy can help you personally do to help save on coverage.
Not Allowing Your Auto Policy Lapse
When switching to Insurance Navy, we’ll always have your new coverage, be it basic or full, ready to go so you never end up uninsured for a period of time. These gaps in coverage, as they are known, can hinder your ability to get cheap coverage. Insurance Navy will always have your new policy ready to go before any change is made.
Getting Uninsured Motorist Coverage in Nevada
While adding uninsured motorist coverage to your policy may seem like another expense, it may actually save you financially one day. A good percentage of drivers, not just in Nevada but all around the country, illegally forego coverage. This can leave most and even all of the damages they caused unpaid. Insurance Navy is known for finding insurance companies in Nevada that don’t charge an extra premium for the uninsured add-on.
Get Your Free Nevada Car Insurance Quote With Insurance Navy Today
Nevada auto coverage for average costs and much less is one free online quote away with Insurance Navy. Regardless of your driving record, credit, residence in Nevada, and SR-22 requirement –economic rates for both basic and full coverage aren’t impossible. At the same time, shopping and managing your coverage and policy has never been easier and streamlined.
*This product may not be available in every state, please call an agent for more information.