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Best Auto Insurance in Las Vegas: Everything You Need To Know

 

Best Auto Insurance in Las Vegas: Everything You Need To Know

When seeking the best auto insurance in Las Vegas, it's important to understand the factors that affect how much you pay. Review our guide if you've started to shop around for a policy.

las vegas strip, traffic and illuminated hotels

Table of Contents:

  • Car Insurance: Las Vegas Rates vs. State + National Averages
  • Las Vegas Auto Insurance Costs by Insurer
  • Las Vegas Auto Insurance Premiums by Driver Age
  • Las Vegas Car Insurance Premiums by Gender and Marital Status
  • Average Las Vegas Insurance Rates After a Violation or Accident
  • Las Vegas Auto Insurance Premiums by Credit Tier
  • Expensive Las Vegas Zip Codes
  • Cheaper Las Vegas Cities
  • List of Insurance Companies in Las Vegas
  • No-Fault Insurance in Las Vegas Information

Car Insurance: Las Vegas Rates vs. State + National Averages

Bankrate reports that the average driver in Las Vegas pays about $1030 annually for minimum coverage and $2759 annually for full car insurance coverage, compared to an average full coverage cost of $1674 annually for drivers across the United States. According to The Zebra, Nevada drivers pay an average of $1802 per year for full coverage.

Las Vegas Auto Insurance Costs by Insurer

ValuePenguin reports that these companies offer the most affordable full coverage policies for Las Vegas drivers. Average annual prices are as follows:

  • Allstate: $5650
  • American Family: $3739
  • CSAA: $5417
  • GEICO: $3971
  • Farmers Insurance: $8102
  • Progressive: $2771
  • State Farm: $2486

Las Vegas Auto Insurance Premiums by Driver Age

According to ValuePenguin, teen drivers pay 300 percent of the rate older drivers pay on average for car insurance in Las Vegas. Adolescents in the state pay an annual average of $9787 for full coverage, compared to $2061 for older drivers.

Las Vegas Car Insurance Premiums by Gender and Marital Status

The Zebra notes that married drivers and single drivers pay the same annual average auto insurance rates in Las Vegas. However, female drivers who live in the city pay an average of $2814 a year for car coverage compared to $2640 for men with similar characteristics.

Average Las Vegas Insurance Rates After a Violation or Accident

NerdWallet reports that these insurance companies have the most affordable annual rates on average for Las Vegas drivers who have clean records:

  • Country Financial: $3865
  • GEICO: $2387
  • Nationwide: $3860
  • Progressive: $4811
  • State Farm: $4474

According to data from ValuePenguin, these are the average auto insurance rate increases by company in Las Vegas after an at-fault accident:

  • Allstate: $2243 per year
  • American Family: $3125 per year
  • CSAA: $3558 per year
  • GEICO: $2415 per year
  • Progressive: $1905 per year
  • State Farm: $470 per year
  • Farmers Insurance: $3868 per year

Las Vegas Auto Insurance Premiums by Credit Tier

If you have lower-than-average credit, it can significantly raise the amount you pay for auto insurance in Las Vegas. NerdWallet reports that these are the most affordable average rates by company for drivers who have poor credit scores:

  • Country Financial: $2481
  • GEICO: $1462
  • Hallmark Insurance: $2904
  • Nationwide: $2469
  • Progressive: $2289

Expensive Las Vegas Zip Codes

According to The Zebra, Las Vegas drivers who live in these zip codes have the highest average annual auto insurance rates:

  • 89101 - $2920
  • 89102 - $2901
  • 89104 - $2955
  • 89106 - $2971
  • 89107 - $2845
  • 89110 - $2806
  • 89146 - $2895
  • 89156 - $2837

Cheaper Las Vegas Zip Codes

The Zebra lists the most affordable average insurance costs in Las Vegas as follows by zip code:

  • 89124 - $2326
  • 89149 - $2384
  • 89166 - $2306
  • 89144 - $2479
  • 89143 - $2452
  • 89138 - $2490
  • 89139 - $2466

List of Insurance Companies in Las Vegas

According to ValuePenguin, the Las Vegas insurers that have the highest customer service ratings with the National Association of Insurance companies include Allstate, American Family Insurance, CSAA Insurance, Liberty Mutual, Farmers Insurance, GEICO, Progressive, State Farm, Travelers Insurance, and USAA. Bankrate recommends that customers purchasing auto insurance in Las Vegas also consider Hartford and Erie Insurance. Note that USAA is only available to military members, veterans, and their families.

No-Fault Insurance in Las Vegas Information

Bankrate reports that Las Vegas, Nevada, drivers must have minimum liability coverage of at least:

  • $20,000 for property damage per accident
  • $25,000 for bodily injury per person
  • $50,000 for bodily injury per accident

Liability coverage for bodily injury, sometimes called a third-party policy, pays for injuries to other drivers and passengers if you cause an accident. It would not cover your own accident-related injuries in this instance.

A policy for property damage liability pays to repair or replace the other driver's vehicle or damaged property if you cause an accident. This coverage does not pay for repairs to your property or vehicle as a result of the accident.

You might also want to pay more for expanded liability and other types of coverage, such as comprehensive and collision insurance. For example, your lease or loan company might require you to have full auto insurance coverage if you lease or finance your vehicle. In addition to comprehensive, collision, and liability insurance, full coverage includes an uninsured and underinsured motorist policy and a policy for your own medical payments after an accident (usually called MedPay).

You can receive a suspension of your driver's license and fines for operating a motor vehicle in Nevada without proper auto insurance coverage. If you want to save money on coverage, try these strategies:

  • Bundle your auto insurance policy with your life, renter's or homeowner's, or other insurance policies, which results in a discount from most insurers.
  • Choose a vehicle that has safety equipment such as daytime running lights, airbags, anti-lock brakes, and anti-theft technology, which statistically lowers your likely claims cost.
  • Maintain a grade-point average of at least 3.0 if you are a high school or college student.

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