Reviews Report
- USAA is Reviews.com’s top-rated car insurance company in Nevada.
- Geico has the lowest premium for minimum coverage in Nevada, at $593.23.
- All Nevada car insurance companies reviewed had lower-than-average premiums, strong financial ratings by AM Best and at least average J.D. Power satisfaction scores.
Nevada drivers pay a higher-than-average premium for auto insurance. That’s why it’s crucial for drivers to shop around for insurance that suits both their budgets and needs. We looked at some of Nevada’s largest insurance providers by market share and compared their AM Best ratings, J.D. Power scores, average annual premiums, available discounts, and coverage options, to help customers make the best choice.
After our analysis, we chose USAA as the top carrier due to its financial strength, customer ratings, cost, and offerings.
The 4 Best Car Insurance Companies in Nevada
- State Farm: Best for Discounts
- Geico: Best for Cheap Premiums
- Farmers Insurance: Best for Coverage Options
- USAA: Best for Military Members
| State Farm | Geico | Farmers Insurance | USAA | |
| Our review | Our review | Our review | Our review | |
| Reviews.com Score | 4.4 | 4.4 | 4.8 | |
| AM Best Financial Strength Rating | A++ | A++ | B++ | A++ |
| J.D. Power 2020 Auto Insurance Satisfaction Score** | 826/1,000 | 834/1,000 | 823/1,000 | 876/1,000 |
| Avg. Annual Premium for Minimum Coverage* | $883.03 | $593.23 | $940.59 | $699.13 |
| Avg. Annual Premium for Full Coverage* | $2,123.54 | $1,603.74 | $2,295.62 | $1,803.02 |
Information accurate as of February 2021. *Data provided by Coverage.com **J.D. Power’s 2020 Auto Insurance Satisfaction Study for the Southwest region. Based on a 1,000-point scale.
Best for Discounts
Why we chose it
Why we chose it
Pros
- Significant discount options
- Strong financial rating
- Extensive online resources
Cons
- No gap coverage available
- Only average customer satisfaction rating
Types of Coverage Offered
- Rideshare
- Uninsured/underinsured
- Emergency road service
- Car rental
Discounts Available
- Safe driver
- Student away at school
- Loyalty
- Multi-vehicle/policy
- Driving training course
Best for Cheap Premiums
Why we chose it
Why we chose it
Pros
- Lowest premiums
- High-rated mobile app
- Valuable digital tools
Cons
- Scarce local agents
- Average customer satisfaction rating
Types of Coverage Offered
- Roadside assistance
- Medical payments
- Rental reimbursement
- Uninsured/underinsured
Discounts Available
- New vehicle
- Driving courses
- Multi-vehicle/policy
- Military
- Good driver
Best for Coverage Options
Why we chose it
Why we chose it
Pros
- Accident forgiveness
- Bundling discounts
- Large variety of coverage options
Cons
- Average customer satisfaction score
- Average premium costs
Types of Coverage Offered
- Spare parts, windshield and glass
- Loss of use
- New car replacement
- Guaranteed value
- Towing and roadside service
Discounts Available
- Multi-policy/vehicle
- Safe driver
- Student away/good student
- Good payer
Best for Military Members
Why we chose it
Why we chose it
Pros
- High customer satisfaction
- Strong financial rating
- Lower than average premiums
Cons
- Only available to military members
- Limited online information
Types of Coverage Offered
- Comprehensive
- Full coverage
- Liability
- Underinsured/uninsured
- Collision
Discounts Available
- Safe driver
- Driver training
- Good student
- Multi-vehicle/policy
- Military installation
*Data provided by Coverage.com, price based on the state minimum required policy. **J.D. Power’s 2020 U.S. Auto Insurance Study rating for the Southwest region. Based on a 1,000-point scale.
The Top 3 Cheapest Car Insurance Companies in Nevada
| Company | Average Annual Premium* |
| Geico | $593.23 |
| USAA | $699.13 |
| COUNTRY Financial | $859.87 |
* Data provided by Coverage.com, price based on the state minimum required policy.
Top 3 Most Expensive Car Insurance Companies in Nevada
| Company | Average Annual Premium* |
| Key Insurance Company | $2,561.74 |
| CSAA Insurance | $1,277.45 |
| Allstate | $1,173.79 |
* Data provided by Coverage.com, price based on the state minimum required policy.
Top 3 Cheapest Cities for Car Insurance in Nevada
| City | Average Annual Premium* |
| Fallon | $701.23 |
| Winnemucca | $715.63 |
| Elko | $729.91 |
* Data provided by Quandrant, price based on the state minimum required policy.
Top 3 Most Expensive Cities for Car Insurance in Nevada
| City | Average Annual Premium* |
| Spring Valley | $1,564.54 |
| Sunrise Manor | $1,544.76 |
| Whitney | $1,516.13 |
* Data provided by Quadrant, price based on the state minimum required policy.
Nevada Car Insurance: What You Need to Know
Nevada is home to Sin City, so it’s no surprise that the No. 1 cause of motor vehicle crashes, injuries and fatalities is impaired driving. However, most impaired driving injuries and fatalities resulted from single-vehicle and non-collision incidents.
- Between 2013 and 2017, 71% of impaired driving crashes occurred in Clark County, where Las Vegas is located.
- In those same years, men 26 to 35 years old and 21 to 25 years old, were the largest number of injury and fatal crash victims due to impaired driving.
- Speeding drivers account for one-third of all traffic fatalities in Nevada.
Additional Car Insurance Coverage in Nevada
While Nevada state minimum requirements are 25/50/20, it’s important to ensure that you’re fully covered in the event of car theft, non-collision damage and more. Drivers looking for Nevada car insurance coverage should consider the following additional coverage:
- Comprehensive: Also known as non-collision, this type of Nevada car insurance coverage kicks in if a tree falls on your car, is stolen, and damaged from a non-collision-related event like fire or flood.
- Medical payments: This coverage pays for the medical treatment of the driver and any passengers in the event of a collision.
- Uninsured/underinsured: If you are not at-fault for a car crash and the at-fault party does not have car insurance — or not enough car insurance to pay out for full damages — this coverage kicks in.
Nevada State Minimum Requirements
Coverage liabilities on your Nevada policy show the maximum amounts your insurance will pay for an accident you caused. Nevada law requires you to have a minimum amount of liability coverage for bodily injury and property damage before you’re able to register your vehicle. Nevada’s minimum liability breaks down as follows:
- $25,000 bodily injury coverage per person
- $50,000 bodily injury coverage per accident
- $20,000 property damage per accident
While you may feel secure with minimum liability coverage, you should get all the coverage you can afford. The best way to keep yourself and your wallet safe is to purchase as much insurance as is financially feasible.
Nevada’s At-Fault Law
Nevada is an at-fault state, which means that the person who caused a car accident is responsible for the damages. If you caused the car accident with another party or parties, they are entitled to filing a claim with your insurance company to recoup monetary damages. Inversely, if you were found not responsible for the accident, you can file a claim with the other person’s insurance company.
This also means it’s important to get underinsured/uninsured motorist coverage because if you were found not at fault for an accident and the at-fault party has no insurance, you will then file a claim with your own company.
Nevada Car Insurance Companies FAQ
Methodology
Reviews.com scores products, services, and companies using five quantifiable criteria to help readers choose the best one for them. For the best car insurance companies in Nevada, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores, and online resources from each company and averaged the scores to produce our very own Reviews.com rating. These scores were created with our readers in mind and are meant to be a helpful tool to simplify the process of choosing which car insurance company is best for you.
As for average pricing, we used Coverage.com’s data, based on the profiles of 30-year male and female. For full coverage, the details used were the following:
- $100K bodily injury liability per person
- $300K bodily injury liability coverage per crash
- $100K property damage liability coverage per crash
- $500 collision coverage deductible
- $500 comprehensive coverage deductible
Minimum coverages were applied to match state requirements. Both drivers used a new, financed 2018 Toyota Camry, commuting five days a week and driving 12,000 miles per year. Since auto insurance rates vary widely among different profiles, we encourage you to compare options that fit your specific needs.
About the Authors
Lorraine Roberte is a South Florida-based personal finance writer. Her work has been published on sites such as Thrive Global, Elephant Journal, Red Tricycle and Tweak Your Biz.
