Nevada drivers typically pay around $1,967 per year for full coverage car insurance or $1,049 for minimum coverage. Premiums vary by age, coverage level, location, driving record and credit history.
How Much Is Car Insurance in Nevada? (November 2024)
Updated: November 15, 2024
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Why Trust MoneyGeek? We analyzed data and quotes from Quadrant Information Services and the Nevada Department of Insurance to get the most precise average costs for various Nevada drivers.
These rates reflect the average cost of car insurance in Nevada as of November 2024.
90,496Quotes Analyzed
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Average Car Insurance Costs in Nevada
The average annual cost of full coverage car insurance in Nevada is $1,967. Knowing this figure helps you gauge if you're getting a fair deal. To manage your expenses, compare car insurance quotes.
Here's what you might expect to pay for auto insurance in Nevada. These numbers show typical monthly and yearly costs for minimum and full coverage plans.
| 100/300/100 Full Cov. w/$1,000 Ded. | $1,967 | $164 |
| 100/300/100 Liability Only | $1,437 | $120 |
| State Minimum Liability Only | $1,049 | $87 |
Why Are Car Insurance Rates Moderate in Nevada?
Car insurance in Nevada is more expensive than the national average. The state average annual premium for minimum coverage is $1,049, compared to the national average of $628. Higher rates in Nevada are due to urban traffic, frequent accidents, thefts, uninsured drivers and costly claims.
Average Car Insurance Costs in Nevada by Company
Car insurance premiums vary by company, even within the same state. In Nevada, Mercury offers the cheapest average annual premium for full coverage at $743, while Dairyland has the highest at $4,467.
Compare quotes from different companies to find the most affordable car insurance in Nevada. This will help you get a deal that fits your budget while still having the necessary coverage.
Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
Age Group:
Age Group:30-59
| Mercury | $743 | $62 |
| Country Financial | $840 | $70 |
| Nationwide | $1,080 | $90 |
| Capital Insurance Group | $1,305 | $109 |
| Travelers | $1,341 | $112 |
| American Family | $1,574 | $131 |
| Progressive | $1,750 | $146 |
| State Farm | $1,934 | $161 |
| Farmers | $1,937 | $161 |
| GEICO | $2,108 | $176 |
| Nevada General Insurance | $2,337 | $195 |
| Allstate | $2,362 | $197 |
| Kemper | $2,795 | $233 |
| CSAA | $2,933 | $244 |
| Dairyland | $4,467 | $372 |
Average Car Insurance Costs in Nevada by Coverage Level
Car insurance costs in Nevada vary by coverage levels. Minimum coverage typically costs about $87 monthly, while full coverage, including 100/300/100 with a $1,000 deductible, averages $164. Full coverage insurance, though more expensive, offers extensive financial protection.
Adding comprehensive and collision coverages will increase your premium, but choosing higher deductibles can reduce these costs. The deductible is the amount you pay out of pocket for each claim. Balancing deductible amounts can make full coverage more affordable while maintaining the protection you need.
| State Minimum Liability Only | $1,049 | $87 |
| 100/300/100 Liability Only | $1,437 | $120 |
| State Minimum Liability w/ Full Cov. w/$1,500 Ded. | $1,560 | $130 |
| State Minimum Liability w/ Full Cov. w/$1,000 Ded. | $1,579 | $132 |
| 300/500/300 Liability Only | $1,673 | $139 |
| State Minimum Liability w/ Full Cov. w/$500 Ded. | $1,700 | $142 |
| 100/300/100 Full Cov. w/$1,500 Ded. | $1,948 | $162 |
| 100/300/100 Full Cov. w/$1,000 Ded. | $1,967 | $164 |
| 100/300/1000,000 - 500 comp_coll | $2,088 | $174 |
| 300/500/300 Full Cov. w/$1,500 Ded. | $2,185 | $182 |
| 300/500/300 Full Cov. w/$1,000 Ded | $2,205 | $184 |
| 300/500/300 Full Cov. w/$500 Ded. | $2,325 | $194 |
Minimum Car Insurance Requirements in Nevada
In Nevada, the minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 for bodily injury per accident and $20,000 for property damage per accident. Uninsured/underinsured motorist coverage isn't required.
$25,000 for bodily injury liability per person
This is the minimum coverage in Nevada for bodily injury per person if you're at fault in an accident.
$50,000 for bodily injury liability per accident
Nevada requires this amount as the minimum coverage for all injuries in an accident you cause.
$20,000 for property damage liability per accident
This amount covers damage to another person's property for a single accident in Nevada.
Average Car Insurance Costs in Nevada by City
Your location within Nevada significantly affects your car insurance premiums. For instance, full coverage costs $1,238 in Reno and $2,242 in Sunrise Manor.
Insurance companies set premiums based on your driving history and vehicle make and model. They also consider your area's crime rates, traffic conditions and environmental risks.
| Enterprise | $2,003 | $1,086 |
| Henderson | $1,779 | $970 |
| Las Vegas | $1,944 | $1,061 |
| North Las Vegas | $2,056 | $1,109 |
| Paradise | $2,008 | $1,087 |
| Reno | $1,238 | $615 |
| Sparks | $1,235 | $621 |
| Spring Valley | $2,072 | $1,123 |
| Sunrise Manor | $2,242 | $1,217 |
Average Car Insurance Costs in Nevada by Age
In Nevada, younger drivers under 30 pay the highest rates, with an average annual premium of $2,410. Premiums generally decrease with experience, with drivers aged 30 to 59 averaging $1,967. Rates may slightly increase after age 60, averaging $1,993.
Data filtered by:Results filtered by:
Coverage:
Coverage:100/300/100 Full Cov. w/$1,000 Ded.
| 22-29 | $2,410 | $201 |
| 30-59 | $1,967 | $164 |
| 60 + | $1,993 | $166 |
Average Car Insurance Costs in Nevada for Teens
Age and gender affect car insurance rates in Nevada. Adding a 16-year-old male to a family policy costs about $4,466 annually, the highest rate among age groups. If a 16-year-old male chooses an individual policy, the premium can rise to $9,532 annually. Teens under 18 usually cannot buy insurance without a guardian.
Average Car Insurance Costs in Nevada for New Cars
On average, full coverage car insurance for a 2012 model costs $1,627 annually, while a 2022 model costs $1,877. Newer models have higher premiums due to greater actual cash value, repair costs and theft risk.
For newer models, experts recommend comprehensive and collision insurance, which protects against various incidents, including theft, vandalism and accidents.
Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
Age Group:
Age Group:30-59
| 2012 Vehicle | $1,627 | $136 |
| 2022 Vehicle | $1,877 | $156 |
ACTUAL CASH VALUE
Your vehicle's actual cash value (ACV) is the amount your insurance company deems it's worth at the time of a comprehensive or collision claim. This value considers depreciation and determines the maximum payout you'll receive for damage or loss.
Average Car Insurance Costs in Nevada by Driving Record
Knowing Nevada's average car insurance cost per driving record can help you budget better. Here’s how different driving infractions affect your rates:
- With a ticket: $2,550 per year; $212 per month
- With a DUI: $3,137 per year; $261 per month
- With an at-fault accident: $3,143 per year; $262 per month
The type of driving violation impacts how much more you’ll pay for insurance. Violations remain on your record and affect premiums for varying periods, such as up to seven years for a DUI in Nevada.
Other violations can be expensive also, depending on the insurer. Checking average insurance costs for different driving records by coverage and age group can help you find the most affordable plan.
Data filtered by:Results filtered by:
Coverage:
Coverage:100/300/100 Full Cov. w/$1,000 Ded.
Age Group:
Age Group:30-59
| Clean | $1,967 | $164 |
| Ticket | $2,550 | $212 |
| DUI | $3,137 | $261 |
| At-fault Accident | $3,143 | $262 |
Average Car Insurance Costs in Nevada by Credit Score
In Nevada, car insurance costs vary significantly based on credit scores. Average annual rates range from $1,104 for excellent credit to $2,075 for poor credit. A good credit score, usually between 670 and 739, can lead to lower premiums, while scores below 670 often result in higher costs.
Data filtered by:Results filtered by:
Coverage:
Coverage:100/300/100 w/ $1000 Deductible
Age Group:
Age Group:30-59
| Excellent | $1,104 | $92 |
| Good | $1,350 | $113 |
| Fair | $1,590 | $132 |
| Below Fair | $1,799 | $150 |
| Poor | $2,075 | $173 |
Factors Affecting Car Insurance Rates in Nevada
These key elements influence car insurance rates in Nevada:
- Driving record: Safe drivers in Nevada typically enjoy lower car insurance rates. Accidents, DUIs or traffic violations indicate higher risk, increasing premium costs.
- Credit score: Insurers view credit scores as reliability indicators. A higher credit score can equate to more affordable car insurance rates in Nevada.
- Age and experience: Young and inexperienced drivers may face higher premiums in Nevada due to their higher risk of accidents. Rates generally decrease as drivers gain experience and reach 25 years old.
- Vehicle type: Your car's model, make and year impact your rates. High-end sports cars may see higher premiums than sedans due to potentially higher repair costs and theft rates.
- Location: Urban areas with higher traffic congestion and theft rates, like Las Vegas, might have higher insurance costs than rural areas.
- Coverage type: Your chosen coverage level, including comprehensive insurance and collision insurance, significantly affects rates. Higher coverage limits result in higher premiums.
- Annual mileage: The more you drive, the more you're at risk for accidents, which can increase your car insurance rates in Nevada.
- Gender and marital status: Statistical differences in driving risk may influence rates — women and married drivers often receive lower premiums.
- Insurance history: A lapse in insurance coverage can raise your rates. Maintain continuous coverage to secure better pricing for your car insurance.
- Minimum coverage: Opting for the minimum coverage can lower your insurance cost but might not provide ample protection in an accident.
How to Save Money on Car Insurance in Nevada
To ensure you get quality coverage at the best price, compare quotes, increase your deductible and use eligible discounts.
Compare quotes
Shopping around for the cheapest car insurance in Nevada can lead to significant savings. Compare rates from multiple insurers to find the best deal for your needs.
Maintain a clean driving record
Keeping your driving record free of violations and accidents can qualify you for lower premiums, as insurers consider you less of a risk.
Increase your deductible
Opting for a higher deductible can reduce your monthly premiums. Ensure you can afford the deductible in case of a claim.
Bundle policies
Bundling car insurance with other policies like home insurance can unlock discounts. Insurers often reward customers for multiple policies.
Seek discounts
Ask insurers about discounts for safe driving, anti-theft devices or completing defensive driving courses.
Choose a vehicle wisely
The cost of insurance can vary depending on the car model. Choose a vehicle that's less expensive to insure for potential savings.
Review coverage annually
Regularly review your policy to ensure it still meets your needs. Adjusting coverage as circumstances change can lead to more affordable rates.
FAQ: Car Insurance Costs in Nevada
Get answers about what impacts the average cost of car insurance in Nevada and how to find affordable rates.
What are the minimum car insurance requirements in Nevada?
In Nevada, drivers need to have at least minimum car insurance, which includes $25,000 for bodily injury per person, $50,000 per accident, and $20,000 for property damage per accident. This basic coverage helps protect financially in the event of an accident.
What is the average cost of full coverage and minimum coverage auto insurance in Nevada?
The average cost for full coverage auto insurance in Nevada is $1,967 annually, which breaks down to about $164 per month. For minimum coverage, it averages $1,049 per year, or $87 monthly.
What is the average cost of car insurance for a 22-year-old in Nevada?
A 22-year-old in Nevada typically pays $1,251 per year for minimum coverage, equating to $104 monthly. For 100/300/100 coverage with a $1,000 deductible, the yearly cost is around $1,719, or $143 per month. Full coverage averages $2,410 annually, or $201 monthly.
What are the cheapest car insurance companies in Nevada?
For minimum coverage, the cheapest car insurance companies in Nevada include COUNTRY Financial, costing $459 annually, and Mercury, at $503 per year, based on a profile of a 40-year-old driver.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.