Cheapest Car Insurance in Nevada

The cheapest car insurance in Nevada is from Country Financial at $38 monthly and $459 annually for minimum coverage. This rate is a full $590 less per year than the state's average. These rates are from Quadrant Information Services, reflecting the most affordable rates in Nevada as of December 2024. Read our research methodology to learn more about how we found the cheapest Nevada car insurance.

The cheapest car insurance company for most drivers in the Silver State is Country Financial, with an average monthly rate of $54 for both minimum and full coverage. This is $71 less than the state average. Other affordable options include Capital Insurance Group, Nationwide, Mercury and Travelers.

We used combined minimum and full coverage rates for a 40-year-old driver with good credit and no driving violations to calculate these averages.

Country Financial offers the cheapest car insurance for most drivers in Nevada. However, your personal background will determine your exact rate. Below, we highlight the most affordable car insurance rates for various driver profiles.

Read More: Cheapest Car Insurance

Country Financial offers the cheapest rate for minimum coverage at $38 monthly. Use the table below to explore rates from these companies and compare them to Nevada's $87 monthly average.

Country Financial provides the cheapest full coverage auto insurance in Nevada, with rates averaging $70 per month or $840 per year. This is $93 less than the state's average cost.

In Nevada, young adult drivers fare best with Country Financial, offering the most affordable plans. A minimum coverage policy costs just $53 per month for a 25-year-old driver.

To determine the cheapest provider, we used minimum coverage for a 25-year-old driver with good credit and no driving violations.

For young adult drivers in the Silver State, Country Financial often provides the cheapest rates for both minimum and full coverage, starting at $53 and $97 monthly, respectively. While your premium might differ due to your driving history and other factors, these rates are a good starting point to find affordable options.

Read More: Cheapest Car Insurance for Young Drivers

Senior drivers in Nevada find affordable minimum coverage with Country Financial. At $37 per month, it's a great deal for 65-year-olds.

We used minimum coverage for a 65-year-old driver with good credit and no driving violations to determine the cheapest provider.

Country Financial and Capital Insurance Group offer affordable rates for senior drivers in Nevada. You may receive a different quote from these companies, but you can use the rates in the table below to guide your car insurance shopping experience.

Read More: Cheapest Car Insurance for Seniors

Drivers in Nevada with a DWI, at-fault accident or speeding ticket are labeled as "high-risk" by insurers and typically pay more for car insurance than those with a clean record. Average premiums vary for high-risk drivers depending on the offense. Below are the best rates for Nevada drivers with these records.

Country Financial offers the best rates for Nevada drivers with DWIs, with an average of $70 per month ($843 per year) for minimum coverage. Check the table below for more insurance providers and their average monthly premiums.

We used a 40-year-old driver with good credit and a DWI on record to calculate these averages.

With rates averaging $58 per month ($696 per year), Country Financial is the cheapest company for drivers after an at-fault accident. The table below shows other insurers offering affordable coverage for drivers with accidents. Rates are for minimum coverage policies.

We used a 40-year-old driver with good credit and an at-fault accident on record to calculate these averages.

Country Financial offers the cheapest insurance for drivers with a speeding ticket, with rates averaging $49 per month. Check out the table below to compare providers offering minimum coverage for drivers facing a speeding ticket.

We used a 40-year-old driver with good credit and a speeding ticket on record to calculate these averages.

Country Financial is the cheapest car insurance provider for drivers with poor credit scores, offering a monthly rate of $49 and an annual rate of $586 for minimum coverage.

These rates are based on a 40-year-old driver with bad credit and a clean driving record.

Location is a significant factor in determining car insurance rates. Even within the same state, there can be substantial differences across cities due to factors like population density, flooding and crime rates.

Take Country Financial, for example. They offer car insurance in Enterprise for $44 a month, while in Henderson, it's slightly less at $41 for the same minimum coverage. Look at the table below to see the most affordable company in your city and their lowest average monthly premium.

The lowest rate reference is for a minimum coverage policy for a 40-year-old driver with good credit and no driving violations.

Nevada's most affordable bundle home and auto insurance is with Travelers at $2,224. In the table below you can view more cheap companies for bundling home and auto policies.

Rates are for a 40-year-old driver with good credit and no driving violations

In Nevada, the monthly average cost for full coverage car insurance is $163, while minimum coverage is $87. Understanding the average cost of car insurance in Nevada helps you see if you're getting a fair deal on your policy.

In Nevada, car insurance rates change by city. See the table for average minimum and full coverage costs in your area.

Nevada ranks as the 4th state with the most expensive car insurance. The high cost can be attributed to factors such as population density, the likelihood of natural disasters and theft rate.

Under Nevada law, all drivers must have car insurance policies with at least $25,000 for bodily injury per person, $50,000 per accident and $20,000 for property damage. 

If you finance or lease your car, you will likely have to buy comprehensive and collision insurance in addition to minimum liability coverages. Although a minimum liability auto insurance policy is the least expensive option, it offers the lowest amount of financial protection. Experts recommend driving with full coverage insurance with the highest deductible and liability limits you can afford.

Drivers with serious traffic violations, such as speeding or drunk driving, may need to file for SR-22 insurance, which can increase your premium costs. In Nevada, either you or your insurance provider can submit the SR-22 form to the state. It remains valid for 3 years from your most recent offense.

A surety bond is the most common alternative to car insurance in Nevada. It allows drivers to meet the state's minimum coverage requirements through a three-party agreement involving the driver, the state and a surety company. This option provides a way to satisfy legal obligations without traditional insurance.

Business owners can consider self-insurance or fleet insurance as alternatives. Self-insurance involves setting aside funds to cover potential claims, while fleet insurance covers multiple vehicles under one policy. These options help businesses comply with state requirements efficiently.

MoneyGeek recommends that drivers secure full coverage car insurance, which safeguards you with liability, collision, and comprehensive protection. For liability coverage, we suggest having the following limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage per accident

Comprehensive coverage takes care of off-road harm to your vehicle, covering events like theft, vandalism or damage from severe weather and fire. Collision coverage, on the other hand, deals with the costs of on-road crashes.

If your car holds significant value, it's wise to opt for both comprehensive and collision insurance, even though it's not a legal requirement. When selecting your deductible for these coverages, consider what you can comfortably pay from your own pocket before insurance contributes to the expenses.

Country Financial has the cheapest car insurance in Nevada, with full coverage at $70 and minimum coverage at $38 per month. Although it's tempting to go with the lowest-cost option, cheapest isn't always best when it comes to car insurance. Experts recommend getting as much coverage as you can afford for the best financial protection on the road.

MoneyGeek answers commonly asked questions about the cheapest car insurance in Nevada to ensure you get the right coverage for your situation.

MoneyGeek obtained auto insurance rates from the Nevada Department of Insurance and Quadrant Information Services. We examined 90,496 auto insurance quotes from 16 providers across 67 ZIP codes to determine the most affordable car insurance companies in Nevada.

Nevada Driver Profile

We used a driver profile with the following background information to identify the cheapest auto insurance companies in Nevada:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To find the cheapest option for various driver backgrounds, we adjusted this sample profile by age, driving record, credit score, car make and model, and military service where specified.

Standard Coverage Levels in Nevada

We compared car insurance companies in Nevada that offer both minimum and full coverage policies. The minimum coverage liability limits in Nevada are:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $20,000 for property damage liability per accident.

For full coverage policy rates, we used the following liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability
• Comprehensive and collision coverage with a $1,000 deductible

Home and Auto Coverage Levels in Nevada

MoneyGeek analyzed the rates of insurance companies for a full-coverage auto insurance policy that includes the following coverage and limits:

• $100,000 in property damage liability
• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• Comprehensive and collision coverage with a $1,000 deductible

We also analyzed rates for a homeowners insurance policy that includes the following limits and coverage:

• $250,000 dwelling coverage
• $25,000 other structures coverage
• $100,000 personal property coverage
• $25,000 loss of use coverage
• $100,000 personal liability coverage
• $1,000 medical payments coverage
• All-perils coverage with a $1,000 deductible