Who Has the Cheapest Car Insurance Rates in Las Vegas, Nevada?
Who Has the Cheapest Car Insurance Rates in Las Vegas, Nevada?
Find Cheap Auto Insurance Quotes in Las Vegas
State Farm has the most affordable rates for minimum coverage in Las Vegas, charging $871 per year.
As Nevada's most populous city, Las Vegas residents pay more for auto insurance than drivers in other parts of the state. Minimum coverage in Las Vegas costs $1,440 per year, making it 40% more expensive than the Nevada state average of $1,032 per year. However, drivers can help offset this cost by shopping around.
Insurers tailor rates to a driver's individual risk profile, taking into account everything from where they live to their credit score and accident history. The best way to make sure you get a good deal is to shop around and obtain quotes from multiple companies.
Cheapest auto insurance in Las Vegas: State Farm
State Farm has the cheapest rates for a minimum coverage policy in Las Vegas. Minimum coverage from the insurer costs $871 a year — 40% less than the city average of $1,440.
Progressive has the second-most affordable rates for minimum coverage. At $1,001 per year, that breaks down to $11 more per month than State Farm. USAA came in third, with an average premium of $1,056 per year.
However, USAA is only available to people who are currently serving in the military, those who have previously served and select family members, so only reach out for a quote if this describes you.
Compare Car Insurance Rates in Las Vegas
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $871 |
| 2 | Progressive | $1,001 |
| 3 | American Family | $1,417 |
| 4 | AAA | $1,644 |
| 5 | Allstate | $1,670 |
| 6 | Geico | $1,742 |
| 7 | Farmers | $2,120 |
| N/A | USAA* | $1,056 |
*USAA is only available to current and former military members and their families.
Cheapest full coverage car insurance in Las Vegas: State Farm
Las Vegas drivers who opt for a full coverage policy will likely get the cheapest rates from State Farm. At $2,011 per year, its rates were $2,000 cheaper than the full coverage average in the city, and $425 cheaper than Progressive, the second-most affordable insurer.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $2,011 |
| 2 | Progressive | $2,436 |
| 3 | Geico | $3,485 |
| 4 | American Family | $3,751 |
| 5 | AAA | $5,711 |
| 6 | Allstate | $5,800 |
| 7 | Farmers | $6,586 |
| N/A | USAA* | $2,304 |
*USAA is only available to current and former military members and their families.
Full coverage adds comprehensive and collision coverages on top of the mandatory minimum insurance required by Nevada law. These coverages ensure that your own car is protected, not just the other driver's car.
- Comprehensive coverage: Pays for damage to your car that doesn't result from a crash, such as vandalism or animal damage.
- Collision coverage: Pays for damage after a crash, regardless of who is at fault and whether you crash into another driver or a stationary object.
Cheapest car insurance for drivers with prior incidents
If you have an incident on your driving record, insurers interpret this as a sign of increased risk and may raise your rates to account for that. Las Vegas drivers are no exception; if you have been in an accident or have received some kind of citation, you'll likely pay higher rates than drivers with a clean record.
With this in mind, we recommend the following insurers for drivers who have:
Cheapest car insurance in Las Vegas after an accident: State Farm
After a Las Vegas driver gets into an at-fault accident, rates increase by an average 55%, from $4,011 per year to $6,235 per year.
However, you can get much cheaper coverage from State Farm. Our sample driver with an at-fault accident on his record was quoted an annual premium of $2,394 — almost $4,000 less than the city average.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $2,394 |
| 2 | Progressive | $3,997 |
| 3 | Geico | $5,840 |
| 4 | American Family | $6,887 |
| 5 | Allstate | $8,105 |
| 6 | Farmers | $9,424 |
| 7 | AAA | $10,092 |
| N/A | USAA* | $3,139 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with a speeding ticket: State Farm
Speeding tickets indicate to your insurance company that you're willing to engage in risky behavior while driving. If you're caught speeding, your rates will likely increase.
Our analysis found that average car insurance rates in Las Vegas go up by 24% after a speeding ticket.
State Farm offers the best rates after a speeding ticket. At $2,202 per year, State Farm's rates were 56% cheaper than the city average of $4,973.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $2,202 |
| 2 | Progressive | $3,362 |
| 3 | American Family | $4,476 |
| 4 | Geico | $4,773 |
| 5 | Allstate | $6,481 |
| 6 | AAA | $7,458 |
| 7 | Farmers | $8,320 |
| N/A | USAA* | $2,709 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with a DUI: State Farm
Driving under the influence (DUI) risks not only your life, but the lives of those around you on the road. That's why insurers tend to raise rates so sharply after you receive a DUI citation. In Las Vegas, rates jump by 60% — more than they increase after an at-fault accident (55%) and far more than they rise after a speeding ticket (24%).
State Farm stands out for its affordable coverage for drivers who have received a DUI. Rates increase by just 10%, from $2,011 per year to $2,202 per year. That's only $16 more per month.
To put that in perspective: Progressive, the second-cheapest insurer for Las Vegans with a DUI on their record, increased rates by 49%, from $2,436 annually to $3,623 annually.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $2,202 |
| 2 | Progressive | $3,623 |
| 3 | Geico | $7,319 |
| 4 | American Family | $7,394 |
| 5 | AAA | $7,951 |
| 6 | Allstate | $7,970 |
| 7 | Farmers | $10,180 |
| N/A | USAA* | $4,764 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with poor credit: State Farm
In certain states, including Nevada, insurers use non-driving factors like your credit score to determine your risk. Las Vegas drivers with very good credit pay $1,103 per year on average for car insurance, while drivers with poor credit pay $3,624.
Las Vegas residents with poor credit will likely find their best rates with State Farm. A full coverage policy for a driver with a low credit score costs $2,281 per year, which is 37% cheaper than the city average.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $2,281 |
| 2 | Progressive | $2,367 |
| 3 | Geico | $2,989 |
| 4 | American Family | $3,523 |
| 5 | Farmers | $4,556 |
| 6 | Allstate | $4,558 |
| 7 | AAA | $5,670 |
| N/A | USAA* | $3,047 |
*USAA is only available to current and former military members and their families.
Cheapest minimum car insurance for young drivers: State Farm
Young drivers usually cost more to insure, in large part because they have less experience behind the wheel and pose a greater risk. In Las Vegas, young drivers can expect to pay around $12,920 per year on average for full coverage auto insurance.
State Farm offers rates that are half as expensive, charging $6,267 per year for full coverage. That puts $6,653 per year back in drivers' pockets.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $6,267 |
| 2 | Geico | $8,444 |
| 3 | Progressive | $11,413 |
| 4 | AAA | $13,518 |
| 5 | Farmers | $15,935 |
| 6 | Allstate | $20,675 |
| 7 | American Family | $21,177 |
| N/A | USAA* | $5,933 |
*USAA is only available to current and former military members and their families.
Teen drivers can reduce their annual auto insurance premiums by staying on a family policy or taking an additional driver's education class, beyond what is required to get a license.
Best auto insurance companies in Las Vegas
In addition to cheap rates, it's important to prioritize an insurer that can provide reliable customer service. Among the top companies we looked at in Nevada, American Family, USAA and State Farm have the best-rated customer service.
Respondents to our national survey particularly liked American Family, with 86% saying that they were "extremely satisfied" with their most recent claim.
Check out our analysis of the customer service of the top insurance companies in Nevada.
Average car insurance costs in Las Vegas by neighborhood
Insurers set your car insurance rates not only by which city you live in, but which ZIP code you live in within that city. Drivers in areas that experience higher traffic or more auto theft generally pay higher rates.
Drivers in the most expensive ZIP code in Las Vegas, 89106, pay $4,494 per year, while those in the cheapest ZIP code in Las Vegas pay $3,455. That's 23% less, or $1,039 per year.
ZIP code | Full coverage annual premium | Minimum coverage annual premium |
|---|---|---|
| 89101 | $4,447 | $1,568 |
| 89102 | $4,482 | $1,599 |
| 89104 | $4,454 | $1,576 |
| 89106 | $4,494 | $1,574 |
| 89107 | $4,325 | $1,576 |
Auto theft statistics in Las Vegas
While Las Vegas is the most populous city in Nevada, Reno has a higher rate of auto theft, according to our analysis of FBI crime data. In Las Vegas, approximately 4.39 cars get stolen for every 1,000 residents.
Theft rank | City | Population | Motor vehicle thefts in 2019 | Thefts per 1,000 people |
|---|---|---|---|---|
| 1 | Reno | 254,349 | 1,179 | 4.64 |
| 2 | North Las Vegas | 249,854 | 1,113 | 4.45 |
| 3 | Las Vegas | 1,666,803 | 7,311 | 4.39 |
| 4 | Sparks | 106,010 | 376 | 3.55 |
| 5 | Elko | 20,601 | 73 | 3.54 |
Motor vehicle theft data was pulled from the FBI 2019 Nevada Crime Report.
What is the cheapest car insurance provider in Las Vegas?
Progressive has the best average rate in Las Vegas for minimum liability coverage, at $1,295 per year. State Farm has the best price for full coverage, at $2,486 annually. State Farm also has great rates for people with a driving incident on their record or younger drivers
How much does car insurance in Las Vegas cost?
The average price of car insurance in Las Vegas is $156 per month for minimum coverage, or $1,869 per year. However, what you'll pay depends on your insurer, your driving history and what coverage options you choose.
What company has the best car insurance in Las Vegas?
State Farm and Travelers are our picks for the best insurance service in Las Vegas. They each had the lowest complaint index scores among insurers we looked at, suggesting that customers were most likely to be satisfied with their service.
Methodology
This ValuePenguin analysis used data from eight of the biggest insurers in Nevada. Our sample driver was a 30-year-old male with average credit. He drives a 2015 Honda Civic EX and has a full coverage policy with the following limits:
Coverage | Limits |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage liability | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
Quadrant Information Services provided the rate data in this analysis. Rates were publicly sourced from insurer filings. As such, they are intended solely for comparative purposes. Your own quotes will likely differ.
Source:
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.