Average Car Insurance Cost in Nevada

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If you are looking for auto insurance in Nevada, knowing how much it will cost is a promising idea. The average premium for car insurance in Nevada is $2,023 per year or $169 per month. While the national average is $1,682. There is a difference of $341 more between the national average and the state average.

If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live.

Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Nevada, and car insurance rates by age group.

Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements.

Summary of average car insurance cost in Nevada
Average annual cost $2,023	Average per month cost $169	Average cost for state minimum coverage $683 / Year
Cheapest car insurance company Geico ($834/ Year)	Average cost for young drivers $3,365 / Year	Average cost for Senior drivers $1,985 / Year

Key Takeaways

The average car insurance cost in Nevada is $2,023 per year, based on Insure.com’s analysis.
In Nevada, the average premium for car insurance is $169 per month.
Geico has the cheapest car insurance rates in Nevada, at an average annual rate of $834 a year.

Average car insurance cost in Nevada per month

In Nevada, the average premium for car insurance is $169 per month.

The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Nevada, it is a promising idea to get quotes from many firms.

As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Nevada is Geico. The average annual cost is $834 while the average cost per month is $70. The second-best option available is, Auto-Owners, offering insurance at an average per month cost of $108.

The table below lists the other available car insurance companies which offer car insurance in Nevada, along with their average cost per month and average annual cost.

Company name	Average per month cost	Average annual cost
Geico	$70	$834
Auto-Owners	$108	$1,296
USAA	$119	$1,422
State Farm	$119	$1,433
Nationwide	$124	$1,484
Progressive	$133	$1,602
Travelers	$153	$1,838
Mercury Insurance	$159	$1,912
American Family	$198	$2,370
Farmers Insurance	$201	$2,417

Read our guide to best car insurance companies of 2022

Average cost of car insurance by coverage levels in Nevada

The amount of coverage you purchase has an impact on how much car insurance costs in Nevada. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage.

Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Nevada is $1,009.

When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Nevada is $2,023 per year.

For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Nevada, the average annual cost for non-owner state minimum liability only is $414.

And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $683 per year in Nevada.

Coverage limits	Average annual cost
50/100/50 Liability Only	$1,009
100/300/100 Liability with $500 Comp/Coll Deductible	$2,023
Non-Owner State Minimum Liability Only	$414
State Minimum Liability Only	$683

Average car insurance cost in Nevada by City

Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code.

The table below depicts the top popular cities in Nevada:

City	Average annual cost
Las Vegas	$2,697
Henderson	$2,304
Reno	$1,740
North Las Vegas	$2,642
Sparks	$1,710
Fernley	$1,556
Elko	$1,560
Mesquite	$1,776
Boulder City	$1,936
Fallon	$1,499

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Nevada by city

Average car insurance cost in Nevada by age of the driver

Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Nevada is $3,365 while for seniors is $1,985. Here, the rate for young drivers is $1,380 more than the rate for senior drivers.

According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities.

Average car insurance cost in Nevada for young drivers

The average car insurance cost for female young drivers in Nevada is $3,199 per year or $267 per month and rate for a male young driver is $3,531 per year or $294 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
18	$7,119	$6,305
19	$4,939	$4,407
20	$4,487	$3,962
21	$3,807	$3,421
22	$3,399	$3,112
23	$3,102	$2,836
24	$2,858	$2,665
25	$2,434	$2,273

Average car insurance cost in Nevada for senior drivers

In Nevada, the cost of car insurance for senior female driver is $1,947 per year or $162 per month and cost of car insurance for male senior driver is $2,022 per year or $168 per month.

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
65	$1,933	$1,880
70	$2,093	$2,000
75	$2,380	$2,211

Cheapest cars to insure in Nevada

Make	Model	Average annual premium
Subaru	Outback 2.5I	$1,272
Subaru	Crosstrek 2.0I	$1,284
Mazda	MX-5 Miata Grand Touring	$1,295
GMC	Savana G2500	$1,321
Honda	HR-V EX	$1,327
Ford	Escape S	$1,351
Jeep	Renegade Latitude	$1,353
Honda	Odyssey Elite	$1,357
Volkswagen	Tiguan S	$1,366
Honda	CR-V EX	$1,374

Most expensive cars to insure in Nevada

Make	Model	Average annual premium
Maserati	Levante Trofeo	$4,039
Maserati	Quattroporte	$3,889
Maserati	Ghibli Modena	$3,498
Maserati	Ghibli GT	$3,423
Porsche	Taycan Turbo S	$3,337
Audi	RS6 Avant Quattro	$3,315
Audi	R8 5.2L V10 Quattro Performance	$3,262
Porsche	Panamera 4 E-Hybrid	$3,237
Tesla	Model S Plaid	$3,229
BMW	M8 Competition XDrive	$3,149

Note: For coverage limit: 100/300/50 liability with a $500 comprehensive and collision deductible.

Methodology

Insure.com gathered data with the help of Quadrant Information Services from major insurance companies across Nevada. The rates are based on the profile of a 40-year-old male who drives a 2021 Honda Accord LX with a clean record and full coverage policy.

The coverage limit for a full coverage policy is 100/300/100 liability with a $500 comprehensive and collision deductible. The numbers 100/300/100 represent $100,000 coverage for bodily injury per person, $300,000 in bodily injury per accident and $100,000 for property damage.