7 Best Car Insurance Companies in Nevada of 2022
Every Nevada driver needs car insurance to protect them if something happens to damage or destroy their car, including everything from collisions to theft to injuries to themselves or passengers in their vehicles.
If you live in a big city like Las Vegas or Henderson, or a small town like Elko or Silver Springs, having car insurance will give you peace of mind and confidence every time you get behind the wheel.
Nevada is an at-fault state, also known as a tort state, which means that any motorist determined not to be at fault for a collision may sue the other driver.
Drivers in Nevada must purchase car insurance adhering to the 25/50/20 rule, which means they must buy, at minimum, the following coverages.
- $25,000 in bodily injury coverage per person
- $50,000 in bodily injury coverage per accident
- $20,000 in property damage coverage
Many of Silver State’s drivers purchase coverage above the minimum requirements to ensure they are protected.
As we reveal the top insurance companies in Nevada, we’ll share costs for each one; but for now, you need to know that the average monthly cost of car insurance in Nevada is about $73 per month for minimum coverage, and the overall average (including drivers who have paid for higher limits) is about $150 per month.
We have researched and ranked the best car insurance companies in Nevada so you can compare and choose the best option.
Best Car Insurance Companies in Nevada
- Allstate: Best for Custom Parts Coverage
- State Farm: Best for Affordable Coverage
- Progressive: Best for Safe Drivers
- GEICO: Best for Discounts
- Travelers: Best for New Vehicles
- Country Financial: Best for Customer Service
- USAA: Best for Military Families
Allstate: Best for Custom Parts Coverage
Allstate is a large company with a long history of providing reliable and dependable car insurance to American drivers.
We chose them for our list because they’re the only company to offer add-on coverage for custom parts, including carpeting, bars, portable electronics, and media.
We also like them because they offer DriveWise, a telematics program, which can be used to track good driving habits and help drivers save on their insurance.
The average cost of full coverage insurance with Allstate is $215 per month in Nevada, which is higher than the state average; however, you can save if you can qualify for the Safe Driver Club.
| J.D. Power (out of 1,000) | 826 |
|---|---|
| A.M. Best - Financial Strength Rating | A+ |
| NAIC Complaint Index | 4.04 |
| BBB | A- |
State Farm: Best for Affordable Coverage
State Farm is the largest provider of car insurance in the United States, with a century of experience protecting America’s drivers.
While there are many things we like about State Farm, we selected them as one of the best car insurance companies in Nevada because they have the lowest prices for both basic and full coverage.
We also appreciate State Farm’s generous car insurance discounts, including discounts for vehicle safety features and safe driving.
The average monthly cost of full coverage auto insurance in Nevada with State Farm is just $100 per month, putting it well below the state average.
| J.D. Power (out of 1,000) | 814 |
|---|---|
| A.M. Best - Financial Strength Rating | A++ |
| BBB | A+ |
| NAIC Complaint Index | 4.29 |
Progressive: Best for Safe Drivers
Progressive Insurance has proven itself to be a reliable source of affordable car insurance and often beats other carriers on price.
We chose them for our list because they have a robust good driving program called Progressive Snapshot, which uses a mobile device to track driving behavior and help safe drivers earn discounts.
We also like that Progressive has reasonable prices for drivers who have been involved in an accident or have a DUI on their record, both things that can substantially increase costs with any insurance company.
The average cost for full coverage car insurance in Nevada is $175 per month, but good drivers can save by layering multiple discounts, and you can even get an affordable quote with an accident or DUI on your record.
| J.D. Power (out of 1,000) | 803 |
|---|---|
| A.M. Best - Financial Strength Rating | A+ |
| NAIC Complaint Index | 2.24 |
GEICO: Best for Discounts
GEICO is the second largest car insurance company in the US, issuing its first car insurance policy in 1936.
We chose GEICO because the company offers many discounts that can be layered to maximize savings on car insurance.
We also like that GEICO’s full coverage is some of the best in the state and offers considerable protection to drivers who purchase it.
The average monthly cost of full coverage insurance with GEICO is $180 per month, but it’s possible to pay far less with discounts.
Read a full GEICO car insurance review.
| J.D. Power (out of 1,000) | 824 |
|---|---|
| A.M. Best - Financial Strength Rating | A++ |
| BBB | A+ |
Travelers: Best for New Vehicles
Travelers Insurance is the second-largest property & casualty insurance company in the United States and holds a place in the Fortune 500.
We chose them for our list of the best car insurance companies in Nevada because they are the best option for people with new cars and provide new car replacement coverage.
We also appreciate Travelers’ streamlined and user-friendly claims process, which makes the process of filing a claim as stress-free as possible.
Travelers’ average premium for total coverage is $165 per month, putting it just slightly above the Nevada state average.
| J.D. Power (out of 1,000) | 824 |
|---|---|
| A.M. Best - Financial Strength Rating | A++ |
| BBB | A |
| NAIC Complaint Index | 3.88 |
Country Financial: Best for Customer Service
Country Financial was founded by a group of farmers back in 1925 and has dedicated itself to providing excellent customer support and affordable prices.
We chose them for our list because they have the highest customer satisfaction ratings out of all the companies we reviewed.
We also appreciate their affordable prices and unique discounts, including a special discount for engaged couples who want to insure multiple vehicles.
The average annual cost of full coverage car insurance with Country Financial in Nevada is just $1,555 per year, below the state average.
USAA: Best for Military Families
USAA got its start selling insurance to military service members back in 1922 when service members were seen as a high-risk group who deserved to pay high prices for insurance.
We chose USAA for our list because they offer the best coverage for US military service members, with some unique benefits that include discounts on travel and car care.
We also appreciate that USAA is considered one of the most affordable car insurance companies in the US and has received high marks for its ethics.
The average monthly cost for USAA car insurance in Nevada is just $55 for basic coverage.
Is Car Insurance Mandatory in Nevada?
Car insurance is mandatory in Nevada.
The Nevada Division of Insurance requires drivers to have a certain minimum amount of liability coverage. Beyond that, drivers may also choose to purchase uninsured motorist coverage and comprehensive and collision coverage for more protection.
What Types and Amounts of Car Insurance Are Required in Nevada?
Nevada state law puts the following requirements in place for car insurance.
- $25,000 in bodily injury coverage per person
- $50,000 in bodily injury coverage per accident
- $20,000 in property damage
These represent the minimum amount required, but many Nevada drivers opt for full coverage to get additional protection.
What Does Car Insurance Cover?
Every car insurance company has its own basic policy and riders, so it’s important to read the fine print and ask questions; however, Nevada law requires all drivers to purchase these two types of coverage.
Liability
Liability coverage is what protects you if you’re in an accident that causes the injury or death of a passenger in your car or in another vehicle.
Property Damage
Property damage coverage will protect you if you’re at fault for an accident that damages or destroys someone else’s property, including things like fences or detached garages; personal belongings are not covered by car insurance but would be covered by renters or homeowners insurance.
Should I Buy Additional Coverage?
As we noted above, you are legally required to purchase minimum insurance as stated in Colorado law, and you may want additional coverage to round out your protection.
Comprehensive coverage includes collision protection and protection for non-collision events, including damage caused by theft, vandalism, severe weather, or accidents with animals.
You might also consider purchasing uninsured/underinsured motorist protection, which will protect you if another driver is at fault and doesn’t have adequate insurance.
Is Nevada a No-Fault State?
Nevada is not a no-fault state, it is an at-fault state.
An investigation will determine which driver is at fault for an accident and that driver’s insurance will pay for damage or injuries caused by accident.
What Does Car Insurance Typically Cover?
A basic car insurance policy covers your personal liability in an accident where you are at fault and will pay for a limited amount of expenses incurred in relation to personal injuries to you and your passengers or for passengers in another vehicle, as well as damage to their property.
If you choose comprehensive insurance, you’ll get additional coverage for damage to a vehicle and may also get perks such as rental car reimbursement or roadside assistance.
These things are not typically covered by car insurance.
- Mechanical failure is unrelated to a covered event.
- Normal wear and tear,
- Intentional damage, meaning any damage you intentionally cause to your own car,
- The contents of your car, because personal property is covered under your homeowners or renters insurance.
What Factors Impact the Cost of Car Insurance?
There are many factors that may impact how much you pay for car insurance, including the following.
- Your driving record
- The driving record of other insured drivers
- Your personal credit score
- Your gender
- Your age
- The make and model (and replacement value) of your car
- The area where you live
An experienced driver with a clean driving record should expect to pay less than a new driver or someone with a history of unsafe driving.
Tips to Reduce the Cost of Car Insurance in Nevada
Here are some pointers to help you reduce the cost of car insurance in Nevada.
- Complete a safe driving or a defensive driving course.
- Drive safely and follow the rules of the road.
- Buy a car with installed safety features, or add safety features to make your car safer.
- Bundle multiple insurance policies with a single provider.
- Ask about available discounts and layer as many as possible to maximize your savings.
Layering discounts is one of the best ways to reduce costs; remember that many discounts are easy to qualify for, such as discounts for signing up for paperless billing, paying in advance, or insuring multiple cars with the same company.
Synopsis
Every driver in Nevada is required by state law to purchase basic car insurance, including liability and property damage coverage.
We suggest investing in full coverage to get additional coverage and the peace of mind you need when you’re on the road.
We recommend obtaining at least three quotes from three car insurance companies to evaluate your options and compare costs and coverage to help you make the best decision.
Our Methodology
How We Chose the Best Car Insurance Companies in Nevada
Here are the four criteria we used to select the best car insurance companies in Nevada.
Cost
We know that the cost of car insurance is something that drives purchases for many drivers in Nevada, so we chose companies that have affordable rates when compared to the state average.
Discounts
Discounts can have a significant impact on costs, and we chose carriers who offered a broad array of discounts, particularly those with discounts that most Nevada drivers could qualify for.
Coverage
While basic coverage might be enough for some, we know that many drivers prefer to customize their coverage, so we chose carriers that offer a good selection of endorsements including things like roadside assistance, gap coverage, new car replacement, and accident forgiveness.
Technology
Technology can streamline the process of buying insurance and filing a claim, so we selected companies with excellent websites, free mobile apps, and discounts linked to driving technology.
