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Cheap SR 22 Auto Insurance in Nevada: Best Companies & Quotes

Tyron Jones

Personal Finance Expert

Updated: 02/2023

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
Progressive
American Family
CSAA
Geico
Farmers

	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
BBB Rating	A+	A+	A	A-	A+	A+

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
2	Travelers	$921
3	Safeco	$1,333
4	USAA	$1,343
5	Progressive	$1,359
6	Allied	$1,452
7	GEICO	$1,472
8	State Farm	$1,502
9	MetLife	$1,599
10	Nationwide	$1,691

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

Source: The National Highway Traffic Safety Administration

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)

Source: Center For Disease Control

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

Source: www.FBI.gov

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)

Source: Insurance Information Institute

Nevada drivers are always looking for a way to save money whether it’s finding an affordable interest rate when purchasing a new car or an affordable insurance rate for their new car. The average cost of an insurance policy in Nevada is around $2,000 for a household. It’s not the cheapest in the country by any means, but it’s not the most expensive even if you think about Las Vegas. Keep in mind this price is only a benchmark for what you might pay. There are many factors that contribute to the cost of a consumer’s insurance premium. To get the best possible rate for your insurance, knowing what your insurance company looks for when considering how much to charge you.

Credit Score

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

FAQ

General Auto Insurance

In this section, you will find frequently asked questions pertaining to general auto insurance in the state of Nevada.

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How to get an auto insurance license in Nevada?

In order to get an auto insurance license in Nevada, you will need to come an approved pre-licensing course, pass a licensing exam, have your fingerprints taken and then apply for a license in Nevada.

What type of license do I need to sell car insurance in Nevada?

The type of license that you need in order to sell car insurance in Nevada is an insurance license. You can apply for an insurance license with the Department of Business and Industry Nevada Division of Insurance.

How to get new car insurance in Nevada?

The best way to get new car insurance in Nevada is by call around to different car insurance companies to get cheap insurance quotes that currently works with your budget and apply for the insurance over the phone.

What do I need to provide to get car insurance in NV?

The only thing that you need to provide in order to get car insurance now in NV is:

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?

The best way to find out when you got a speeding ticket for your auto insurance quote is to look back at your own driving history. You can also contact the local DMV for a complete record of driving history.

How to get cheap car insurance in Nevada?

The best way to get cheap car insurance in Nevada besides just calling around to get a quote is to make sure that you live in a low-crime area and don’t have to drive too far to work which can increase your insurance rates. Also if your car is considered an older collectors item then comparing classic car insurance quotes will save you a lot money as opposed to traditional insurance policies.

How to get my Nevada auto insurance license to sell?

In order to get your Nevada auto insurance license to sell auto insurance to others is to participate in an approved pre-licensing education, pass a licensing exam and then apply for a selling license.

Why is medical coverage not required in Nevada on auto insurance?

Medical coverage is not required in Nevada on auto insurance for the primary reason that medical insurance and auto insurance are separate. While driving can be medically dangerous in some cases, medical insurance is not needed in order to drive a vehicle.

In Nevada, when do I need to add insurance to my car?

Yes. In order to drive a car on Nevada roads, it is required by Nevada law to add insurance to a car. Even working cars that are parked on public or private streets must be insured.

How to check if a car has insurance in Nevada?

The best way to check is a car has insurance in Nevada is to use the official Department of Motor Vehicles website by checking the license plate number and the last 4 digits of the VIN number.

In Nevada, auto insurance demerit points stays on your record for how many years?

In Nevada with auto insurance policies, demerit points will stay on your insurance record for approximately 1 year from the date of conviction. Demerit points will stay on your driving record permanently. There is also insurance for high risk drivers if you're finding it difficult to get coverage.

What is Nevada law for exchanging insurance information when in a car accident?

As required by Nevada law, both drivers involved in an accident must give each other contact and insurance information, move their cars out of traffic as long as it is safe to do so and assist anyone who was injured in the accident.

How auto insurance works in the state of Nevada?

Auto insurance in the state of Nevada works by insuring a car and a driving for up to a certain amount that can be used to cover damages to property or their own car in the case of an accident.

When to purchase insurance for a new car in Nevada?

It is recommended that you purchase insurance for a new car in Nevada immediately. Most car dealership will not allow a car to leave the lot without the necessary insurance. So apply for quick auto insurance either through our site or a carrier of your choice.

How to find really cheap car insurance Nevada?

The best way to find really cheap car insurance in Nevada is to compare prices and receive insurance quotes from various car insurance companies in Nevada. Then choose the company that offered the lowest rates.

How to become an auto insurance agent in Nevada?

In order to become an auto insurance agent in Nevada, you must first acquire a license to sell insurance in Nevada which requires you to complete a pre-licensing course and then pass a pre-licensing exam.

Car insurance fine when car was insured in Nevada?

If you received a car insurance fine when the car was insured in Nevada, the best way to fight it is to seek the counsel of a lawyer and then go to court on the date listed on the ticket with proof of insurance during the time frame of when the fine was issued.

How long to get insurance on new car in NV?

You typically only have a few hours to get insurance on a new car in Nevada as most of the time you won’t be able to drive the new car off the lot without the required insurance. If you don't already have coverage then you can purchase auto insurance online through our quote form by first comparing rates.

What is the best motorcycle insurance in Nevada?

There’s no one best motorcycle insurance. You should use a price comparison tool to see the motorcycle insurance rates in your area.

General Auto Insurance in Nevada Coverage

In this section, you will find general auto insurance in Nevada Coverage frequently asked questions.

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What is considered full coverage auto insurance Nevada?

Full coverage auto insurance in Nevada refers to auto insurance coverage that include no only the state required liability coverage, but no-fault insurance coverage, bodily injury coverage and property damage coverage. Use a full coverage car insurance cost calculator to determine your rates. Related: Can you get full coverage insurance salvage title?

What kind of car insurance coverage do I need in Nevada?

By law, the kind of car insurance coverage that you need in Nevada is liability insurance with the coverage minimums of $25,000 for bodily injury coverage per person and $50,000 of bodily injury coverage per accident.

What is most economical car insurance in Nevada?

The most economical car insurance in Nevada will depend on where you live in Nevada. In Las Vegas, Henderson, Reno or Paradise, the most economical car insurance is American Family Insurance with a rate of $246 for full coverage a month.

What is the minimum liability car insurance required in Nevada?

The minimum liability car insurance that is required in Nevada is a liability policy that covers up to $25,000 for bodily injury in one accident, a minimum of $50,000 for bodily injury per accident and a minimum of $20,000 for property damage. It is possible to get cheap auto liability insurance if you compare quotes from multiple companies.

Where is car insurance cheapest in Nevada?

The cheapest car insurance in Nevada is American Family Insurance. American Family Insurance is cheap for car owners looking for the minimum coverage, good for low-mileage drivers and driver with one crash that was their fault.

What is NV state minimum for car insurance?

NV state minimum for car insurance is liability insurance with a minimum monetary coverage of $25,000 for bodily injury for a single accident, a minimum coverage of $50,000 for bodily injury for multiple people during one accident and a minimum coverage of $20,00 for property coverage. This could also be seen as car insurance for low income individuals who can't afford full coverage.

What insurance is required by law for a financed car in Nevada?

The type of insurance that is typically required by law for a financed car in Nevada is full coverage, which includes the minimum state required insurance limit plus additional physical damage coverage.

Who needs full coverage car insurance in Nevada?

The drivers that need full coverage car insurance in Nevada are drivers who are currently financing or leasing their vehicles or those who live in high crime or high-risk areas.

Who needs SR22 insurance in Nevada?

If you get a DUI then you need a special type of insurance called SR22 which is more expensive. However we can help you find the cheapest SR22 insurance by comparing quotes.

Is Nevada cheaper than California car insurance?

Yes. On average Nevada is slightly cheaper than California car insurance rates. That being said this is for a typical policy and could vary a lot with different policy types. So for instance sr22 insurance California quotes may or may not come in higher than the same insurance type in Nevada depending on your unique driver profile.

General Auto Insurance Companies

In this section, you will find frequently asked general auto insurance questions pertaining to specific insurance companies.

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Who offers the best auto insurance in Nevada?

The auto insurance company that offers the best auto insurance in Nevada is State Farm. State Farm is perfect for drivers who are good drivers with a spotless driving record and for those looking for low premiums. Ask about the cheapest auto insurance for military veterans too.

What car insurance companies cover Nevada?

The car insurance companies that offer coverage in Nevada are:

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?

The car insurance company that offers the best car insurance rates in Nevada is American Family Insurance. It currently offers insurance at a monthly rate of $245 for full coverage with a yearly premium of $2,900.

What car insurance companies in Nevada will file an out of state sr22?

Unfortunately, it is not the responsibility of insurance companies to file an out of state sr22 for drivers. If you need to file an sr22 for your insurance coverage, you will have to fill out an sr22 form and bring it to a DMV in Nevada personally.

Auto Insurance

In this section, you will find common frequently asked questions pertaining to typical auto insurance in Nevada prices.

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Why is car insurance so expensive in Nevada?

Car insurance prices in Nevada are so expensive is due to more accident claims that have been made in the Las Vegas area which has been due to the population increasing in recent years.

What is the cheapest car insurance in Nevada?

The cheapest car insurance in Nevada is liability insurance. It must follow state law requirements with bodily injury coverage per accident and per person while also containing property damage coverage per accident. Related: What is the cheapest car insurance for new drivers?

How much is car insurance for a 22 year old in Nevada?

Car insurance for a 22 year old in Nevada will be more expensive than it would be for someone who is over the age of 24. Most insurance companies will charge an annual premium of $1,900 for liability coverage. See if you can locate cheap car insurance with no down payment since that will save you even more money.

What are auto insurance rate increases in Nevada?

The increase in auto insurance rates in Nevada are expected to rise by at least 20%. The average coverage will rise to $25,000 for bodily injury per person $50,000 in bodily injury per accident and up to $20,000 for property damage.

Why is high risk car insurance in Nevada so expensive?

Car insurance in Nevada is so expensive for several reasons. Car insurance prices can be expensive due to the recent increase in rates state wide and the rise in rates due to high crime and more people moving to the state. Be sure to compare car insurance prices of different companies to get the lowest rate.

How much is car insurance when you rent a car in Nevada?

Typically, car insurance when you rent a car in Nevada can range in price by an extra $15 to $20 a day on top of the rental fee. It is best. It is a cheaper option than risking having no insurance and getting into an accident with the rental.

How much is car insurance in NV?

The average prices for car insurance in NV can range in price for $1,500 for a yearly premium for men and $1,600 for a yearly premium for women. The average cost for car insurance throughout Nevada is around $900 a year.

When will Nevada increase car insurance minimum?

Nevada is expected to increase the car insurance minimum by July 2018 with an increase of 20% for all premiums and an increase in coverage for bodily injury per person, per accident and coverage for property damage.

How much more is car insurance for a 16 year old in NV?

Car insurance for a 16 year old in NV, for liability insurance only will cost about $2,900 for a yearly premium. The price will drop when the teenager reaches 21 years of age and will drop again when they reach the age of 25. Read more: How much does it cost to add a 16 year old to car insurance?

How much is car insurance in Henderson, NV?

Car insurance in Henderson, NV is $1,600 for a yearly premium for men and $1,700 for a yearly premium for women. These prices can vary depending on a driver’s driving record and the number of insurance claims filed.

How much is insurance for a car a month in Nevada?

The month to month insurance cost on a car in Nevada can vary based on the type of policy purchase. For liability insurance, the cost can run as high as $60 a month, for collision coverage it can cost as high as $25 a month and for comprehensive coverage it can cost as high as $10 a month.

How much does car insurance go up with a teenage driver in Nevada?

Auto insurance for teen drivers in Nevada can increase by as much as 25%. The yearly premium for a teenager can cost as much as $1,200 more than it would for an adult driver.

Is a drivers license required to get insurance in Nevada?

In general insurance carriers require that you have a driver's license in order to get a policy with them. However there may be scenarios wherein getting car insurance without drivers license privledges may be considered by specific carriers depending on a number of factors. Talk to an agent to be sure.

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.

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I have a fine for lapsed insurance in Nevada, if I sell the car, what happens to the fine?

If you have a fine for lapsed insurance in Nevada, but then sell the car, nothing happens to the fine. You, the driver, are the one who received the fine and as such will be responsible for paying it in full.

What is the fine for not having auto insurance in NV?

The fine for not having auto insurance in NV can range from $250 to $1,000 depending on the severity of the charge. On top of that, drivers will have to pay a reinstatement fee for their license with a cost of $250 to $750.

What happens if you don’t have proof of car insurance in Nevada?

If you don’t have proof of car insurance in Nevada, you will risk serious penalties such as hefty fines, reinstatement fees, points off of your license and the requirement of filling out a sr22 form prior to reinstating your license.

How to register a car with no insurance in Nevada?

In the state of Nevada, you are currently not allowed to register a car without insurance. All driver’s must have valid insurance and have passed an emissions inspection prior to registering their car with the Department of Motor Vehicles.

After losing car insurance in Nevada, how long do you have to get new insurance?

After losing car insurance in Nevada, you have a few hours at most to get new insurance on your car. An auto insurance lapse can leave you exposed to serious fines and risks and should be remedied as soon as possible.

What happens if you have an accident but don’t have car insurance in Nevada?

If you get into an accident and don’t have insurance in Nevada, it is an illegal offense, meaning you can face serious penalties and fines such as losing your driver’s license, car registration and can even face jail time.

If car was broken down in NV with no insurance, how do I prove it?

In order to prove you own a car with having car insurance on it, you will need to show the current registration of the car along with your driver’s license. You will also need to have the vehicle insured prior to being allowed to move it.

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