Nevada is best known for being the home of glitzy, glamorous Las Vegas, but it has a lot more than that to offer. It’s home to tremendous natural beauty and boasts an overall population of 3 million people. With both desert and snowy mountains, there’s no end to the things to do in Nevada.
You are required to have car insurance in Nevada. The state maintains a real-time database, and every insurance company must report both active and lapsed insurance. If your car insurance lapses, you don’t need to be caught — the state will send you a notice right away.
- There are over 690,000 automobiles in Nevada
- Las Vegas drivers are 21% more likely to have an accident than the national average
- Using an electronic device quadruples your risk of being in a car accident
- 1,076 people were seriously injured in motorcycle-related crashes in Nevada in 2019
- Las Vegas is an at-fault state and requires drivers who cause an accident to cover all damages
- The deadliest stretch of road in the country is Interstate 15 between Las Vegas and Las Angeles
How Much Is Car Insurance in Nevada?
The average cost of car insurance in Nevada is $1,802 per year, which is 26% higher than the U.S. national average. How much you pay for car insurance depends on a number of factors, including your age, driving experience, coverage level, and zip code.
Those with more tickets and accidents will pay more than those with a clean driving record. If you live in an expensive area, your property damage liability might cost more. Zipcodes with a lot of car accidents will have more expensive insurance than neighborhoods with fewer crashes.
What Is the Average Premium in Nevada for Full Coverage Car Insurance?
Full coverage car insurance includes both liability, which pays for other people’s damages, and comprehensive and collision coverage, which pays for your damages.
If you were to carry the state minimum coverage for liability and a $500 deductible for comprehensive and collision coverage, you’d pay an average of $1,320 per year for insurance. On the other hand, if you had liability limits of $100,000 per person, $300,000 per accident for injuries, and $100,000 for property, along with $500 deductibles on comprehensive and collision, you’d pay an average of $1,830 per year.
As you can see, having higher coverages can cost less than $50 a month — which can be well worth your peace of mind.
How Much Is It for Just the Minimum Required Car Insurance in Nevada?
If you carry the minimum liability insurance in Nevada, which is $25,000 per person and $50,000 per accident for injuries, along with $25,000 for property damage, you will pay an average of $722 per year.
That sounds great until you realize that you wouldn’t have coverage to repair your own vehicle if you were in an accident, or if the car was vandalized or stolen. You also would be at risk if an accident caused more damage than your limits. It’s easy for hospital bills to become very expensive, and you have to pay for anything your insurance doesn’t cover.
If you don’t have enough insurance, you can be sued. That means lawyer fees, court appearances, and the possibility of having your wages garnished or assets seized. You don’t want to face that — make sure you have the right coverage for your needs.
Is There a Good Driver Discount in Nevada?
There are a variety of discounts you can get in Nevada. One that will save you the most money is the good driver discount, which gives you a lower rate based on a history of safe driving and no tickets.
You can also get discounts for other aspects of your driving history, policy, and vehicle. Some deals to ask about include:
- Renewal discounts that reward loyalty to the insurer
- Defensive driving discounts for taking a defensive driving course
- Discounts for automatic payments, paperless billing, and more
- Good student discounts for young drivers with a B average or better
- Policy discounts for having multiple cars or insurance policies with one insurer
- Lower rates if you drive less than average
Nevada Car Insurance Laws
Nevada car insurance laws are very strict due to their real-time insurance database. Every insurance company must report which vehicles are covered and which are not. The state knows right away if your insurance lapses or if you are not maintaining coverage on a registered vehicle.
What Are the Mandatory Car Insurance Requirements in Nevada?
The state of Nevada requires you to carry liability coverage so that you can pay for another party’s injuries and property damage if you cause an accident. However, these limits only represent the minimum — they may not be sufficient to pay for all the damages in a serious accident.
Because Nevada is an at-fault state, the person who causes the car accident has to pay for all injuries and damage, even if it exceeds their insurance limits. That’s why it’s so important to carry appropriate coverage.
The state minimum requirements for Nevada are:
- Bodily Injury Liability: $25,000 per person, $50,000 per accident
- Property Damage Liability: $20,000 per accident
What Factors Does Nevada Law Allow in Determining Your Premiums?
Nevada allows insurance companies to use a variety of rating factors. Each one has been shown to be statistically related to the likelihood of a car accident, claim, or payout. For instance, someone who has a speeding ticket is more likely to get into a car accident than someone who doesn’t.
The rating factors in Nevada include:
- Driving record and claims history
- Your zip code and address
- Marital status
- Type of vehicle
- Credit score
How Many Uninsured/Underinsured Motorists Are in Nevada?
The state of Nevada immediately suspends the registration of any vehicle that doesn’t have insurance, but that doesn’t mean drivers don’t drive without coverage.
The reality is that as many as 20% of Nevada’s drivers don’t have car insurance. On top of that, 31% of drivers carry only the state minimum coverage, which means they are likely to not have enough insurance to cover damages if there was a serious accident.
That’s why it’s important to carry uninsured and underinsured motorists coverage on your own insurance policy. You can’t control what other drivers do, but you can make sure you have insurance to help if they cannot pay for damages.
FAQs About Nevada Car Insurance
You want to make sure you make wise choices about your insurance coverage. You’ll need at least the state minimum car insurance, but you may be able to drive an older vehicle and avoid needing full coverage.
Also, make sure you talk to your insurance agent about any discounts you might qualify for, and drive safely so you have a great driving record.
Nevada is one of the few states that allow undocumented immigrants to apply for a driver’s license. You can apply for a Driver Authorization Card (DAC), which will enable you to drive legally but does not serve as proof of identification or citizenship.
With a valid driver’s license, you will be able to apply for car insurance for your vehicle.
Nevada drivers with a DUI on record can still get auto insurance. You may have to due to being a high-risk driver, and you might need to submit an SR-22 to the state of Nevada.
However, some companies even offer affordable rates to drivers who have a DUI on their record. When you get a quote, make sure the agent is aware of your full driving record so you can get an accurate rate.
Nevada Car Insurance Quotes
Instead, get started with a quote online or visit us at a Nevada office near you. You can also call us at (800) 777-5620 for a quote. Contact us today!