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Cheap SR 22 Auto Insurance in Nevada: Best Companies & Quotes
Personal Finance Expert
Tyron Jones is a finance expert who has operated within the auto insurance business for more than 10 years. He has written many other finance related articles for a number of prominent publications.
Best Car Insurance Companies in Nevada
- State Farm
- American Family
|State Farm||Progressive||American Family||CSAA||Geico||Farmers|
|AM Best Financial Strength Rating||A++||A+||A||A||A++||A-|
|JD Power 2019 Overall Customer Satisfaction score||3/5||3/5||4/5||5/5||3/5||3/5|
|Avg Annual Premium||$891||$959||$1,232||$1,264||$1,484||$2,270|
|Consumer Reports Reader Score||78||75||89||Not Rated||78||72|
Auto Insurance Statistics in Nevada
Nevada is one of the states with the highest auto insurance rates which far exceed the national average. Drivers looking for affordable car insurance rates will need to learn how Nevada ranks in the cost of car insurance when compared with other states nationwide.
Top 10 Cheapest Car Insurance Companies in Nevada
|Rank||Company Name||Avg. Annual Premium|
|1||Capital Insurance Group||$888|
Drunk Driving Fatalities
Drinking and driving in Nevada or anywhere else can result in death. When buying car insurance in Nevada, it is helpful to understand the rate of drunk driving fatalities to get an idea of the level of risk drivers face. The National Highway Traffic Safety Administration has done a tally of the number of drunk driving fatalities in Nevada vs. nationwide.
Drunk driving fatalities in Nevada from 2013 to 2017
Teen Drinking and Driving
Teen drinking and driving in Nevada is just a bit less than the national average. This data shows that fewer teens in Nevada are driving while under the influence when compared with the rate of teens drinking and driving across the country. The below statistics compare the percentage of teen Nevada drivers who are drinking and driving in relation to national averages.
Teen Drinking & Driving in Nevada vs. Nationwide (2017)
SR-22 Insurance in Nevada
No matter where you live in Nevada, if you've lost your license, you will most likely need an SR-22 insurance policy to get you back on the road. Nevada is extremely strict about ensuring that drivers with previous infractions maintain SR-22 policies with licensed insurance providers.
In addition, the state is mandated to cancel the license of anyone that cancels their SR-22 policy. Your insurance company is legally required to immediately notify your DMV if you cancel the policy or change its minimum requirements. If you want to ensure you get the best value for money, always compare different insurance providers before you buy SR-22 insurance in Nevada.
Car Theft in Nevada
When a car is stolen in Nevada, the vehicle owner has no recourse for action unless they have comprehensive auto insurance coverage. Learning about the level of car theft in the state of Nevada will offer car insurance buyers an idea as to how many car thefts occur.
Vehicle thefts by rank nationwide vs. Nevada
Uninsured Motorists in Nevada
There are drivers that operate motor vehicles in the state of Nevada who are driving without any auto insurance coverage. This can be risky as when an accident occurs, they won’t be able to cover the related costs. This is why it is recommended to have uninsured and underinsured motorist coverage. The below data shows how well Nevada ranks in the total number of reported uninsured motorists in the state in the year 2015.
Percentage of uninsured drivers (Top States in 2015)
You aren’t going to find yourself denied an insurance policy because you have bad credit, but you will find it’s far more expensive to pay for insurance when your credit falls into the subprime category. It’s not easy to get a good rate when your credit is poor. Insurance companies look at this as an indicator of the kind of person you are responsibility-wise. They want to know if you’re going to pay them their premium each month, if you’re going to make a lot of claims, and if you’re the kind of person who is inexpensive to insure. The lower your score the higher your premium.
Your Home Address
For three reasons, insurance companies check out the status of your home address. They want to know if you live in a safe neighborhood. If you live somewhere the economy is bad, the crime rate is high, or you live exceptionally far from where you work, you’ll pay higher premiums. In bad economic neighborhoods, cars are more likely to end up damaged during break-ins, stolen, or hit by someone who isn’t insured. If you live far from work, you’re a greater risk based on how often you are on the road commuting to and from the office.
Your Age, Gender, and Marital Status
Unfortunately, there’s very little you can do about any of this, but there is a chance you can get a better rate if you fall into any of these categories. To get the best rate based on this information, you’ll want to be a young woman, an older man, and/or married. These are the people who are considered more responsible, more likely to stay safe on the road, and less likely to end up filing claims or getting numerous tickets.
Your Driving Record
This should come as no surprised to Nevada drivers, but car insurance companies want to know if you’re a good driver or not. If your driving record is filled with bad driving habits such as tickets, infractions, and accidents, you aren’t considered a very good driver. Since insurance companies pay out big bucks based on your driving habits, they want to charge you more for being unsafe on the road.
The Type of Car You Drive
New cars are the least expensive to insure. They have the best safety features, the newest options, and they’re less dangerous. Bigger cars are often considered safer because you are less likely to become injured in an accident in a large car. The same is not true of any car with a big engine, however. A V6 is far less expensive to insure than one with a V8, and a 4-cylinder is going to be your cheapest bet. Older cars have more mechanical issues as they age, and it’s often more difficult to find parts for cars of this nature.
If you’re in the market for a new insurance policy, keep two things in mind. Your current auto insurance company might match or beat the offers given to you by other companies for the simple fact they don’t want to lose a long-time customer with a great account. The second is you can save a few hundred dollars in fees each year by opting out of paper correspondence, by paying your premium at least six months in advance, and by always paying on time. It’s a great way to lower costs and get the best rate no matter how your credit or driving history looks.
Types of Auto Insurance Coverage in Nevada:
- Comprehensive Insurance Coverage
- Bodily Injury Liability Insurance
- Uninsured/Underinsured Motorist Bodily Injury Insurance
- Uninsured Motorist Property Damage Insurance
- Property Damage Liability Insurance
Minimum Requirements For Car Insurance in Nevada
There are minimum requirements for car insurance in the state of Nevada. According to The Nevada Department of Insurance, it is mandatory to have liability coverage for every registered driver who is operating a vehicle in the state.
Liability Coverage minimums for the state of Nevada:
- $10,000 for property damage
- $15,000 per individual to cover bodily injury or death
- $30,000 per accident involving bodily injuries or deaths
Source: Nevada Department of Insurance
Cheap Auto Insurance Discounts
Cheap auto insurance quotes can help to make the payments more manageable. As you look for car insurance that fits within your budget, keep in mind that auto insurance companies offer discounts to individuals that fit certain criteria. At CheapAutoInsurance.co, our goal is to make sure that you can get the lowest possible rate for car insurance coverage. Browse the list of car insurance discounts below for even more savings.
- Anti-theft discount
- Mature driver discount
- Military or Veteran discount
- Bundling insurance policies discount
- Senior citizen discount
- Car safety features discount
- Good student discount
- Defensive driving discount
- Low-mileage discount
- Multi-car auto insurance discount
- Infrequent usage discount
General Auto Insurance
In this section, you will find frequently asked questions pertaining to general auto insurance in the state of Nevada.
How to get an auto insurance license in Nevada?
What type of license do I need to sell car insurance in Nevada?
How to get new car insurance in Nevada?
What do I need to provide to get car insurance in NV?
- A valid Nevada driver’s license.
- The make, model and year of the car to be insured.
- The VIN number of the vehicle to be insured.
How can I find out when I got a speeding ticket for my auto insurance quote in Reno, NV?
How to get cheap car insurance in Nevada?
How to get my Nevada auto insurance license to sell?
Why is medical coverage not required in Nevada on auto insurance?
In Nevada, when do I need to add insurance to my car?
How to check if a car has insurance in Nevada?
In Nevada, auto insurance demerit points stays on your record for how many years?
What is Nevada law for exchanging insurance information when in a car accident?
How auto insurance works in the state of Nevada?
When to purchase insurance for a new car in Nevada?
How to find really cheap car insurance Nevada?
How to become an auto insurance agent in Nevada?
Car insurance fine when car was insured in Nevada?
How long to get insurance on new car in NV?
What is the best motorcycle insurance in Nevada?
General Auto Insurance in Nevada Coverage
In this section, you will find general auto insurance in Nevada Coverage frequently asked questions.
What is considered full coverage auto insurance Nevada?
What kind of car insurance coverage do I need in Nevada?
What is most economical car insurance in Nevada?
What is the minimum liability car insurance required in Nevada?
Where is car insurance cheapest in Nevada?
What is NV state minimum for car insurance?
What insurance is required by law for a financed car in Nevada?
Who needs full coverage car insurance in Nevada?
Who needs SR22 insurance in Nevada?
Is Nevada cheaper than California car insurance?
General Auto Insurance Companies
In this section, you will find frequently asked general auto insurance questions pertaining to specific insurance companies.
Who offers the best auto insurance in Nevada?
What car insurance companies cover Nevada?
- American Family Insurance-offers the lowest rates in Nevada.
- State Farm Insurance-offers the best coverage for drivers with a clean driving record.
- AllState Insurance-offers the best coverage for drivers who have an accident already on their record.
- GEICO Insurance-offers the best customer service.
- Liberty Mutual Insurance
- Progressive Insurance
- Mercury Car Insurance
Learn more about switching car insurance mid policy if you are unhappy with your current company.
Who really has the best car insurance rates in Nevada?
What car insurance companies in Nevada will file an out of state sr22?
In this section, you will find common frequently asked questions pertaining to typical auto insurance in Nevada prices.
Why is car insurance so expensive in Nevada?
What is the cheapest car insurance in Nevada?
How much is car insurance for a 22 year old in Nevada?
What are auto insurance rate increases in Nevada?
Why is high risk car insurance in Nevada so expensive?
How much is car insurance when you rent a car in Nevada?
How much is car insurance in NV?
When will Nevada increase car insurance minimum?
How much more is car insurance for a 16 year old in NV?
How much is car insurance in Henderson, NV?
How much is insurance for a car a month in Nevada?
How much does car insurance go up with a teenage driver in Nevada?
Is a drivers license required to get insurance in Nevada?
Lack of Auto Insurance in Nevada
In this section, you will find frequently asked questions pertaining to the lack of auto insurance in Nevada and its consequences for drivers.