Average Cost of Car Insurance in Nevada 

The average annual cost of full coverage car insurance in Nevada is $2,452, which is about 27 percent higher than the national average of $1,924. Rates in the state are up significantly from the average in 2021, which was $1,381, according to data from the National Association of Insurance Commissioners.¹

Since the rate you’re quoted will depend on your personal details and circumstances, we’ve gathered average cost data for various demographics so you can get a better sense of how much you might pay.

By Age

As drivers spend more time on the road and gain experience, providers view them as less risky to insure. This means that car insurance for teens is much more expensive on average than for other age groups since they have little to no driving experience. Families can save on car insurance by adding teens to an existing household policy (minors under 18 can only get their own policy if a parent or guardian agrees to co-sign).

Once drivers enter their early to mid-20s, costs begin to decrease significantly. Middle-aged drivers pay the lowest premiums, on average while those over 70 pay slightly more as risks increase as you age.

*Average cost of a family policy

By Gender

Young men tend to pay more than young women because they are statistically more likely to be involved in an accident.² Nevada allows companies to factor in gender when determining car insurance rates. The only states that prohibit this practice are California, Hawaii, Massachusetts, Michigan, North Carolina and Pennsylvania.

By Marital Status

Married individuals tend to pay slightly less for car insurance than those who are single or divorced, but this isn’t always the case.

By Coverage Level

The amount of coverage you decide to purchase will impact your rate. Minimum coverage, which only includes liability coverage in most states, including Nevada, is the cheapest option, but it may leave you paying more out of pocket if you get into an accident.

If you opt to add collision and comprehensive coverage to your policy, also referred to as full coverage, your rate will be higher. Lenders often require you to carry collision and comprehensive coverage if you financed or leased your vehicle.

By Credit Score

In most states, including Nevada, insurance companies will consider your credit history when calculating your auto insurance premiums. The better your credit record, the cheaper your rate will likely be.

The following companies offer the cheapest rates in Nevada for different types of drivers. All average rates except minimum coverage are for full coverage policies.

Nevada may have higher-than-average car insurance rates, but there are several strategies you can employ to lower your premiums:

1. Bundle policies: If you need another type of insurance, such as home or renters insurance, getting both policies from the same company will save you money. Most insurance companies offer a bundling discount.
2. Enroll in usage-based insurance programs: If your insurance company offers a telematics discount program, such as State Farm Drive Safe and Save, enrolling can be a great way to save on your premium as long as you practice safe driving habits. Keep in mind that depending on your state and insurance company, these programs may increase your rate if you drive unsafely.
3. Shop around: Before committing to an insurance company, get several quotes to compare the rates you’re offered. It’s also a good idea to regularly shop around for insurance before your current policy renews since rates can change year over year and you may be able to find a better deal elsewhere.

Nevada requires that all drivers carry the following insurance at a minimum:³

Nevada is an at-fault state, meaning that the driver who is at fault in an accident is responsible for paying for damages and medical costs for the other driver. It can be wise to add uninsured/underinsured motorist coverage to your policy, even though it’s not required by the state, to protect you financially if you’re hit by a driver without adequate (or any) insurance.

An SR-22 is a certificate of financial responsibility that proves to the state that you carry the required insurance coverage. Your insurance company files it on your behalf with the Department of Motor Vehicles if needed, usually if you commit a severe driving violation such as a DUI. Failing to maintain the required SR-22 coverage will result in your license being suspended.

Drivers in Nevada pay more for car insurance than the national average. However, your premium will depend on specific personal factors such as your driving history, age, location and credit history, among others. Always shop around for quotes and compare rates before deciding which company to go with.

AutoInsurance.com has over 20 years of experience in the car insurance industry and strives to connect people to the best and most affordable car insurance providers for their situation. We leverage our database of aggregated auto insurance data as well as state-specific data about minimum coverage requirements, fault systems and SR-22s to help you determine what you might pay for car insurance.