Your choice of car insurance should depend on your specific needs and circumstances, from outstanding customer service to low rates or an insurer that can manage claims through mobile apps. What matters most is finding a policy that fits within your budget while giving you peace of mind on the road.
MoneyGeek’s car insurance calculator helps drivers assess how much coverage they require and compare premiums from different providers. The calculator takes into account state minimum coverage requirements as well as whether comprehensive and collision coverage are desired; full coverage policies tend to cost more but protect drivers against financial ramifications of car accidents, theft and weather incidents as well as damage to their own vehicles.
Selecting an affordable Nevada car insurance policy requires taking several factors into account, including your driving history and coverage choices. A poor driving history will increase premiums significantly while having a clean record may save money – an at-fault accident will increase rates by an average of 21 percent while DUI conviction can make them almost 32 percent higher than before.
Credit scores also play a part in determining your rates, with those with better scores often receiving lower rates than those with poorer ones. But this doesn’t always hold true and their exact effects on rates will vary from case to case – in general though it would be prudent to aim for maintaining a score above 700 and trying to pay off debts as quickly as possible.
Nevada’s cost of living can also have an effect on your premium, with areas with higher accident or crime risks paying more. Therefore, it is wise to research rates in your neighborhood prior to choosing an insurer.
Capital Insurance Group, Safeco and Farmers have emerged as the three cheapest providers for car insurance in Nevada. All three rank highly on MoneyGeek’s ratings of car insurers. Drivers should always obtain quotes from multiple providers when renewing their policy as it’s likely that cheaper coverage can be found somewhere else.
Nevada car insurance premiums average $723 annually for liability-only coverage, which is lower than the national average of $814 annually. You can reduce costs on your policy by increasing liability limits and selecting a lower deductible, eliminating unnecessary drivers, adding security features to your car and increasing liability limits. MoneyGeek’s car insurance calculator can give you personalized quote that takes only minutes to complete and compare prices between policies – giving you the information needed to make informed decisions on which policy may best meet your needs.