Average Cost of Car Insurance in Nevada for 2023

Whether you want to enjoy the scenic desert or take advantage of the nightlife, Nevada can be an exciting place to live. But if you’ve moved to the Silver State, you may be surprised by how expensive car insurance is within the state.

The average cost of full coverage car insurance in Nevada is $1,829, which compares to a national average of $1,582. And factors like your age, credit score, and driving record could cause you to pay even more.

Key takeaways

• The average cost of car insurance in Nevada is $1,829 per year for full coverage.
• State-minimum car insurance averages $1,067 per year.
• Teen drivers cost $5,396 per year for full coverage, on average.

How much does car insurance cost in Nevada?

In Nevada, the average cost of full coverage policies that include collision, comprehensive, and liability insurance is $1,829 per year — compared to a national average of $1,829. State-minimum liability policies average $1,067 per year.

Car insurance in Nevada is more expensive for several reasons, but one of the significant factors is the high percentage of uninsured drivers. According to the Insurance Research Council, 10.4% of drivers in the state are uninsured, so those with insurance pay higher premiums.

Avg. cost for full coverage	Avg. cost for minimum coverage	Cheapest insurance provider
$1,829/year	$1,067/year	State Farm

Avg. for young drivers	Avg. cost for seniors	Avg. for high-risk drivers
$5,040/year	$2,325/year	$2,623/year

Average cost of car insurance in Nevada by provider

When shopping for a car insurance provider, you have multiple options. Several well-known companies issue policies within the state, including GEICO and Allstate.

Generally, State Farm had the lowest average premiums for full coverage policies, and USAA was the cheapest for state-minimum coverage.

Provider	Full coverage	Minimum liability coverage
American Family	$2,955/year	$1,728/year
Allstate	$1,809/year	$1,103/year
Farmers	$3,029/year	$1,565/year
Travelers	$1,727/year	$865/year
GEICO	$1,241/year	$741/year
State Farm	$1,221/year	$722/year
Progressive	$1,474/year	$984/year
USAA	$1,295/year	$566/year

How does credit score affect car insurance rates in Nevada?

Your credit score plays a big role in determining your car insurance premiums. In Nevada, insurance companies can consider your score when setting rates, so the worse your credit score is, the more you’ll have to pay.

We found that the average premiums for those with poor credit were more than double those with excellent credit, so making an effort to improve your credit score is worth your while.

Credit health	Avg. annual premium
Poor (550-649)	$3,907/year
Average (650-699)	$2,910/year
Good (700-749)	$2,458/year
Excellent (750+)	$2,110/year

Average car insurance rates for high-risk drivers in Nevada

Engaging in reckless behaviors can cost you in Nevada. If you have a single at-fault accident, your premiums can increase by an average of $1,614 per year. And your premiums may almost double after one driving under the influence (DUI) conviction.

Violation	Avg. annual premium before violation*	Avg. annual premium after violation	Avg. cost increase
At-fault accident	$1,829/year	$3,443/year	$1,614
DUI	$1,829/year	$4,156/year	$2,327
Speeding ticket	$1,829/year	$2,936/year	$1,107

*Assumes clean driving record with good credit

How does age affect car insurance rates in Nevada?

In most states, teens and young adults pay much more for car insurance than other adults. They’re statistically more likely to be involved in accidents, so insurers tend to charge them higher premiums to compensate them for the higher risk.

Drivers that are 18 will pay an average of $5,396 per year.

Age	Avg. annual premium
18	$5,396/year
25	$2,070/year
30	$2,054/year
40	$2,186/year
60	$2,287/year

Nevada car insurance rates by city

Las Vegas is one of the best-known cities in the country, and it’s a major tourist destination. Unfortunately, residents in that city will have to pay significantly more for car insurance; the average premium is $3,032 per year for full coverage, compared to a state average of $1,829.

Why is it so expensive? According to NeighborhoodScout, Las Vegas’ crime rating is 10, meaning 90% of cities in the U.S. are safer. And the city is densely populated with significant traffic, so you’re more likely to be in an accident or a victim of theft.

City	Avg. annual full-coverage premium
Las Vegas	$3,032/year
Reno	$1,815/year
Henderson	$2,581/year
Carson City	$1,848/year
Fernley	$1,770/year

NV’s minimum car insurance requirements

All drivers in Nevada must have car insurance, and the policy must meet the following minimums:

• $25,000 in bodily injury protection for one person
• $50,000 in bodily injury protection for two or more people
• $20,000 in property damage protection

How to save money on car insurance in Nevada

You can save money on your premiums in the Silver State by following these tips:

• Sign up for pay-per-mile coverage: With pay-per-mile policies, you could save money on your premiums by enrolling in a telematics program. If you drive less often than most or have safe driving habits, you could qualify for significant discounts. In Nevada, pay-per-mile insurance is available from companies like Root and Progressive.
• Talk to your agent: If your premiums are too high, call or email your agent. They may have ideas for reducing your premiums, such as enrolling you in discount programs for safe drivers or increasing your deductible.
• Get quotes from other companies: If it’s been a while since you shopped for auto insurance, request quotes from the best car insurance companies. You may be surprised by how much cheaper coverage is with another insurer.

FAQs about car insurance costs in NV