Our study of the top auto insurance companies in Nevada found that State Farm consistently offered the best rates for drivers across a variety of profiles. A minimum coverage policy costs just $600, or $50 per month — 42% less than the state average.
We recommend you compare quotes from at least three companies to get your lowest rates. Type your ZIP code into the box above to start shopping among the top providers near you, or read on to learn which insurers feature the lowest premiums in your state.
Cheapest auto insurance in Nevada: State Farm
State Farm offers the cheapest minimum liability coverage car insurance in Nevada. While the average rate for a minimum coverage policy in Nevada is $1,032 annually and $86 monthly, State Farm policyholders pay an average of $600 annually and $50 monthly. That's 42% less — leading to significant savings for Nevada drivers.
Find Cheap Auto Insurance Quotes in Nevada
Our analysis found that rates vary by more than $700 for the same level of coverage. This huge difference highlights the importance of shopping around to make sure you're getting the best rates.
Although cheap premiums make minimum liability car insurance seem like an attractive choice, the reality is that you might wind up paying more in the long run. These policies only cover the other driver after an accident and leave you responsible for damages to your own vehicle.
A minimum coverage policy in Nevada only covers the other driver's injuries and property damage. You will be on the hook for your own medical expenses and auto repairs if you purchase minimum coverage.
Cheapest company for full coverage: State Farm
The cheapest insurer in Nevada for a full coverage policy is State Farm. For our sample driver, it was much less expensive on average than the next closest competitors, Progressive and American Family Insurance, and 51% less expensive than the overall state average of $3,061.
Full coverage auto insurance policies add comprehensive and collision coverage to the state minimum liability insurance. Collision coverage pays for damage to your car in an accident, regardless of who is at fault, and comprehensive pays for non-collision damage, such as fallen tree branches or a hailstorm.
We generally recommend that most drivers purchase a full coverage policy, as it guarantees that your own vehicle is protected as well as the other driver's. However, if the cost of full coverage premiums and the cost of your deductible exceed the value of your car, full coverage might not be worth it.
Cheap car insurance for drivers with prior incidents
Incidents on your driving record raise the costs of your auto insurance premiums in Nevada. Insurers see you as a higher-risk driver after an at-fault accident, a speeding ticket or a DUI (driving under the influence) citation, and increase your premiums to reflect this risk.
With this in mind, we found the cheapest full coverage car insurance for drivers who have:
Find Cheap Auto Insurance Quotes in Nevada
Cheapest for drivers with an accident: State Farm
Car insurance rates in Nevada go up by an average of 55% after an at-fault accident. Our research found that drivers who have been in an at-fault accident should choose State Farm to get their best rates. State Farm's premiums are 62% lower than the state average for drivers with an at-fault accident on their record, which is $4,744.
Cheapest car insurance for people with a speeding ticket: State Farm
If you received a ticket for speeding on Nevada roads, we found that your best bet for affordable coverage is State Farm. The average rate for Nevada drivers with a speeding ticket is $3,793 annually, but State Farm drivers pay 57% less: $1,648 annually and $137 monthly.
Cheapest car insurance for drivers with a DUI: State Farm
DUIs raise average annual premiums in Nevada by 60%. State Farm, however, treats this citation like a speeding ticket: The company charges adult drivers the same rates for both citations. Our analysis showed that Nevada drivers could pay $1,648 annually for a full coverage policy from State Farm after a DUI — an increase of just 9% compared to our base profile. By contrast, American Family raises rates from $2,863 to $5,641 — an increase of 97%.
Cheapest car insurance for drivers with poor credit: State Farm
Average rates for Nevada drivers with poor credit are 45% higher than rates for drivers with average credit, according to our analysis. State Farm has the cheapest quotes for these drivers, offering premiums $1,343 less expensive than the state average.
Cheapest car insurance for married drivers: State Farm
Married drivers in Nevada can see small savings — about 6% on average, according to our analysis — on their car insurance premiums compared to single or unmarried drivers. We recommend that married Nevadans look at State Farm for affordable rates. Progressive comes in a close second, with a married Nevadan policyholder paying just $8 more each month.
Cheapest car insurance for young drivers: State Farm
Young drivers in Nevada pay more than triple what older drivers do. The average cost of full coverage car insurance for young Nevadan drivers is $9,787 per year, or $816 per month — $6,726 more expensive than it is for older drivers.
Young drivers statistically get into more accidents than older drivers, making them more costly for insurers to cover. Companies pass this cost along to young drivers through higher premiums.
If you're a young driver in Nevada looking to keep your rates low, check out State Farm. Our analysis found that the company offers the best rates for both minimum and full coverage policies. Full coverage rates from State Farm are 52% cheaper than average; minimum coverage rates are 48% cheaper than average.
Full coverage annual rate
Minimum coverage annual rate
*USAA is excluded from rankings because it is only available to current and former military members and their families.
Cheapest for young drivers with one accident: State Farm
Young Nevada drivers already pay high premiums, but at-fault accidents make them even costlier —- by about 32%, according to our analysis. State Farm provides the most affordable full coverage policies to young drivers who have been in an at-fault accident, charging 56% less than average.
Cheapest for young drivers with one speeding ticket: State Farm
Although a speeding ticket can cause a young driver's rates to increase, they generally do not increase as sharply for young drivers with an at-fault accident on their record.
Young Nevadan drivers with one speeding ticket could find cheap rates from State Farm, which offers full coverage policies that are 54% cheaper than average.
Best auto insurance companies in Nevada
The best insurer in Nevada is USAA, when considering its customer service and claim satisfaction ratings from our survey of current customers.
However, only current or former military members and their families are eligible for auto insurance from USAA. If you don’t qualify, American Family and State Farm are other solid choices. Policyholders gave these companies high marks as well.
Percent of respondents overall extremely satisfied with most recent claim
Percent of respondents who rated customer service as "excellent"
|2||American Family (AmFam)||86%||50%|
Overall rank takes both claim satisfaction and customer service rankings into account.
The ratings USAA and State Farm received from J.D. Power further confirms their excellent customer service reputation. J.D. Power ranks companies on customer satisfaction with its auto claims process, and both State Farm and USAA received ratings that were well above the national average of 872.
Similarly, State Farm and USAA had a comparatively low number of customer complaints reported to the National Association of Insurance Commissioners (NAIC). Their scores indicate that they both receive about a third fewer complaints than would be expected for an insurer of their size. If your priority is excellent customer service, we recommend taking out a policy with one of these two companies.
NAIC Complaint Index (lower is better)
J.D. Power claims satisfaction score (Higher is better)
AM Best Financial Strength Rating
|American Family (AmFam)||0.46||862||A|
AM Best awarded all the companies we researched a Financial Strength Rating A or better, indicating an "Excellent" or "Superior" ability to pay out claims.
Average car insurance cost in Nevada by city
Full coverage auto insurance rates in Nevada can vary by as much as $2,184 per year, depending on where you live in the state. Car insurance coverage costs are usually greater in large cities like Las Vegas, where accidents and auto theft are more common.
Average annual cost
Percent from average
Auto insurance rate changes by company in Nevada
Nevada auto insurance providers reduced their rates by an average of 3% in 2020. Furthermore, State Farm, the largest auto insurance company by direct premiums written reduced its rates the most: by 16.4%.
Overall, rates decreased due to the recent coronavirus pandemic, which reduced the amount of driving in the United States. This led to record-low auto insurance claims, allowing these insurance companies to offer discounts and cheaper rates to all drivers.
Premiums written (millions) 2019
Rate change 2019
Rate change 2020
Minimum requirements for auto insurance coverage in Nevada
Nevada requires drivers to have a certain amount of liability coverage in their auto insurance policies. These requirements pay for the other driver's damages and injuries and are as follows:
|Bodily injury (BI)||$25,000 per person and $50,000 per accident|
|Property damage (PD)||$20,000 per accident|
- Minimum coverage: State Farm
- Full coverage: State Farm
- After an at-fault accident: State Farm
- After a speeding ticket: State Farm
- After a DUI: State Farm
- Poor credit history: State Farm
- Very good credit history: State Farm
- Married couples: State Farm
- Young drivers: State Farm
- Young drivers with one accident: State Farm
- Young drivers with speeding ticket: State Farm
We collected thousands of rates from ZIP codes across Nevada for the largest 10 insurers. We used a sample driver with the following profile:
- 30-year-old man
- Drives a 2015 Honda Civic EX
- Average credit
The base policy for the study was a full-coverage policy with the following limits:
|Bodily liability||$50,000 per person/$100,000 per accident|
|Personal injury protection||$10,000|
|Property damage||$25,000 per accident|
|Uninsured/underinsured motorist bodily injury||$50,000 per person/$100,000 per accident|
|Comprehensive and collision||$500 deductible|
For our minimum-coverage policy, we quoted a policy with the minimum required limits in Nevada, above.
For other rates analyses (age, credit score, accident history and marriage status) the base policy listed above was alternated to reflect the new driver.
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.